Explain who is correct in given situation

Assignment Help Management Theories

Reference no: EM131387540

Voeller, the managing partner of the Pay-Out Drive-In Theater, signed a contract to sell to Hodge a small parcel of land belonging to the partnership. Except for the last twenty feet, which were necessary for the theater's driveway, the parcel was not used in theater operations.

The agreement stated that it was between Hodge and the partnership, with Voeller signing for the partnership. Voeller claims that he told Hodge before signing that a plat plan would have to be approved by the other partners before the sale.

Hodge denies this and sues for specific performance, claiming that Voeller had actual and apparent authority to bind the partnership. The partners argue that Voeller had no such authority and that Hodge knew this. Who is correct? Explain.

Reference no: EM131387540

Questions Cloud

Discuss about the social awareness : Select one reading from each list below, and-in a two to three paragraph response-compare and contrast the way that they present the basic ideas of the Enlightenment: Social Awareness, Individual Liberty and Accountability, and the role of Reason ..

Internal vs external recruiting : To respond to this topic, you first want to define and discuss INTERNAL vs. EXTERNAL recruitment practices. You want to demonstrate your understanding of the pros and cons of each approach. Include in you discussion an example of a situation in wh..

Research potential job requirements : Select three of the HR roles and research potential job requirements for each. Write a 350-word job description for each HR role that you have selected.

A case of burnout : When Mahesh joined XYZ Bank (private sector) in 1985, he had one clear goal-to prove his mettle. He did prove himself and has been promoted five times since his entry into the bank. Compared to others, his progress has been fastest. Currently, his..

Explain who is correct in given situation : Hodge denies this and sues for specific performance, claiming that Voeller had actual and apparent authority to bind the partnership. The partners argue that Voeller had no such authority and that Hodge knew this. Who is correct? Explain.

What are some of the issues connected with this policy? : As the American population ages, policy issues related to older adults and services for seniors are hot political topics. Identify an area of policy related to community services for older adults and their families. Therefore, state the facts with..

Case-on pegging pay to performance : As you are aware, the Government of India has removed the capping on salaries of directors and has left the matter of their compensation to be decided by shareholders. This is indeed a welcome step," said Samuel Menezes, president Abhayankar, Ltd...

Doing the dirty work : Business magazines and newspapers regularly publish articles about the changing nature of work in the United States and about how many jobs are being changed. Indeed, because so much has been made of the shift toward service-sector and professiona..

Explain two or three serious consequences for the firm : B7530- Identify and explain two or three serious consequences for the firm if it fails to comply with the FCPA and other anti-corruptions efforts. Discuss consequences beyond any statutory penalties.

User Account

All Pages