Reference no: EM131191051
Review the following scenario involving TSI and respond to the questions below in a paper.
Trans-System, Inc. (TSI), is an interstate trucking business. In 1994, to provide a source of well-trained drivers, TSI formed Northwestern Career Institute, Inc., a school for persons interested in obtaining a commercial driver's license. Tim Scott, who had worked for TSI since 1987, was named chief administrative officer and director. Scott, a Northwestern shareholder, disagreed with James Williams, the majority shareholder of both TSI and Northwestern, over four equipment leases between the two firms under which the sum of the payments exceeded the value of the equipment by not more than $3,000. Fewer than four other leases, payments were $40,000 less than the value of the equipment. Scott also disputed TSI's one-time use, for purposes unrelated to the driving school, of $125,000 borrowed by Northwestern. Scott was terminated in 1998. He filed a suit in a Washington state court against TSI seeking, among other things, the dissolution of Northwestern on the ground that the directors of the two firms had acted in an oppressive manner and misapplied corporate assets.
1. Should the court grant this relief?
2. If not, what remedy might be appropriate? Discuss.
[Scott v. Trans-System, Inc., 148 Wash.2d 701, 64 P.3d 1 (2003)]
Length: 6-8 pages not including title and reference pages.
|
Define site-specific sculpture and provide an example
: Define site-specific sculpture, and provide an example. What was the possible significance of the Woman of Willendorf? What kinds of objects found in ancient graves would indicate a ritual burial practice?
|
|
What are the binary values in the nine inputs of the circuit
: What are the binary values of the five outputs of the circuit? Explain how the output is related to the operation of 6 - 9.
|
|
Explain the moral hazard problems with deposit insurance
: Explain the moral hazard problems with deposit insurance.- How can they be overcome?
|
|
Explain and interpret piece to reader who is looking to you
: Analysis should be an attempt to explain and/or interpret the piece to a reader who is looking to you for an explanation. Other than very briefly you do not need necessarily to engage in much description.
|
|
Should the court grant this relief
: Review the following scenario involving TSI and respond to the question.- Should the court grant this relief? - If not, what remedy might be appropriate? Discuss.
|
|
Analyze the relationship of the current event to philosophy
: Provide the facilitator with a one- to two-page analysis of a current event, using Socratic philosophy. For example, you might use the Socratic method to analyze a current event, or investigate how self-knowledge is at work in your issue.
|
|
What is the total propagation delay time in the 4-bit adder
: Assume that the exclusive-OR gate has a propagation delay of 20 ns and that the AND or OR gates have a propagation delay of 10 ns. What is the total propagation delay time in the 4-bit adder of Fig. 5-5?
|
|
Response to the momix opus cactus performance
: Response is to the MOMIX Opus Cactus performance. MOMIX dancer-illusionists use astounding inventiveness and physical beauty to combine dance, music, props, and acrobatics, telling the story of the mysteries and secrets of desert landscapes.
|
|
Determine the sufficiency of the evidence
: Analyze the balance sheet and income statement of the company that you have selected,- determine the sufficiency of the evidence.
|