Define revamped companys corporate finance department

Assignment Help Business Law and Ethics
Reference no: EM131710040

Chapter 20_Companies and Incorporated Associations

Question 6 Wellington is the managing director of corporate finance in a merchant bank called Waterloo Limited. A clause in his service agreement states that he won't deal with customers of Waterloo Limited on leaving the employment of that company. Wellington decides to resign from Waterloo Limited and joins a syndicate with 10 friends to take over and operate for themselves a small merchant bank. The takeover is successful and Wellington is appointed finance manager of the revamped company's corporate finance department. He then approaches the customers he formerly dealt with at Waterloo Limited. Advise Waterloo Limited as to the grounds on which it can take legal action to prevent Wellington's actions.

Answer by following IRACstyle

Issue

Rules

Application

Conclusion

Reference no: EM131710040

Questions Cloud

Relationships and overall sexual values : What impact do you think this has had on male/female relationships and overall sexual values? Cite evidence/support and examples.
Conduct the analysis using the wilcoxon signed-rank test : For problem, suppose that the returns for the Chicago and Dallas investments are paired by month: the first observation for each investment.
Discuss the opportunity for change : Discuss the opportunity for change, the underlying issue, and the potential impact on healthcare/healthcare organization.
What temperature is its surface : A planet with no atmosphere, which has a radius a third that of Earth, If the albedo of the planet is 0.825, what temperature is its surface
Define revamped companys corporate finance department : The takeover is successful and Wellington is appointed finance manager of the revamped company's corporate finance department
Write a one to two page memorandum to be sent to the clients : Write a one to two page memorandum to be sent to these clients explaining the coming changes in lease accounting for lessees.
Contemporary principles of management : Traditionally, we've thought of corporations as organizations that had clear boundaries, formal procedures, and well-defined authority structures.
Explain the foreign firms claim that discriminated against : Bids for a government contract are supposed to be opened in a random order. For a given contract, there were 42 bids, 30 of them from domestic firms.
How are financial ratios used to evaluate a company : Choose three ratios in each category and describe what the ratios tell the user about the company. How are financial ratios used to evaluate a company?

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd