Contract and become binding signed by imperial reality

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Reference no: EM131676355

Cross Continental Carriers, Inc is negotiating with Imperial Realty for a major purchase of over 100 acres of nearby land to expand CrossContientals main service facility, Sam Groton, a limited partner I'm the Imperial Realty limited partnership, also, is one fifth (15) directors on the CrossContinental Board of Directors. As is true with any limited partner coma Sam has no management role in the fares of the real estate company. A standard real estate purchase contract is drafted by cross-continental officers and presented to its board at the regular courtly meeting for approval. 10 of cross-continental directors known of Sam's involvement with Imperial reality. The cross-continental board of directors votes to approve the purchase contract by a vote of 12 3 with Sam voting in the majority discuss fully for this contract and become binding signed by Imperial reality.

Reference no: EM131676355

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