Personally liable for any judgment against usm

Assignment Help Business Management
Reference no: EM133100751

Joseph M. Billy was an employee of the USM Corporation (USM), a publicly held corporation. Billy was at work when a 4,600-pound ram from a vertical boring mill broke loose and crushed him to death. Billy's widow sued, alleging that the accident was caused by certain defects in the manufacture and design of the vertical boring mill and the two moving parts directly involved in the accident, a metal lifting arm and the 4,600-pound ram. If Mrs. Billy's suit is successful, can the shareholders of USM be held personally liable for any judgment against USM? Explain your answer.

Reference no: EM133100751

Questions Cloud

Compute amazon cost of goods sold for the year : The following information comes from a recent annual report of Amazon, Inc.: Gross profit (Sales - Cost of Sales) 2,503. Compute Amazon cost of goods sold
What is meant by creating innovative marketing : Also, identify a business that you think does an excellent job with marketing innovation and creativity to promote their specific products.
Do you believe csr fits in a capitalistic system : 1. Do you believe CSR fits in a Capitalistic System?
Two examples of contracts : What are two examples of contracts that do work when contracting for flexible requirements? select two
Personally liable for any judgment against usm : Joseph M. Billy was an employee of the USM Corporation (USM), a publicly held corporation. Billy was at work when a 4,600-pound ram from a vertical boring mill
Qualify for an intrastate offering exemption : The McDonald Investment Company was a corporation organized and incorporated in the state of Minnesota. The principal and only place of business from which the
Can you think of an example of a bias that is not listed : Can you think of an example of a bias that is not listed? Please explain this bias.
Prepare an income statement for slapshot : Prepare an income statement for Slapshot for the month of June and calculate the percentage of sales revenue represented by each line of the income statement
Two strengths of ancient greek civilization : Mystakidou's The Evolution of Euthanasia and Its perceptions in Greek Culture and Civilization Discretionary Assignment #2 For our Second Discretionary Assignme

Reviews

Write a Review

Business Management Questions & Answers

  You must describe your select technique and its assumptions

You must describe your select technique and its assumptions and its limitations and the types of problems that may arise in use in your daily life.

  Data strategy to create competitive edge

Research an example of how a company has used a data strategy to create competitive edge. Discuss thoroughly using the course material and your research.

  Can rebecca enforce the contract

On April 1, Rebecca tendered the deed to Nancy, who refused to pay Rebecca the agreed purchase price. Rebecca brought an action against Nancy for breach of contract. Can Rebecca enforce the contract?

  Determine the feasibility and necessity of utilizing

Compare and contrast network-based and host-based IDS use in an enterprise. Determine the feasibility and necessity of utilizing one of these IDS implementation

  What are essentially the functions of a conflict

What are essentially the functions of a Conflict? Discuss them. How do you claim or create values from DISTRIBUTIVE BARGAINING process?

  Division of company overseas operations

Assume that you are being sent to Japan to run a division of your company's overseas operations. Let's assume that I have been managing

  Which of the following is a main regional trading? bloc

1)Which of the following is a main regional trading? bloc?

  Traditional versus object-oriented design

Compare the object-oriented approach to design to the traditional approach.

  Organization decision-making process

Think about an organization for which you currently work or one that you previously worked for. Do you believe that groupthink affects or has ever affected the organization's decision-making process? Why or why not?

  Effective strategic planning in the health care environment

How do potential barriers to effective strategic planning in the health care environment differ from barriers encountered in the general business world.

  Gantt chart

Which of the following is NOT true about the Gantt chart

  How has the current corporate culture facilitated

Propose Solutions What organizational practices would you modify? How has the current corporate culture facilitated the development of the current issue?

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