Will creditor win that lawsuit against mohammad and arjan

Assignment Help Business Law and Ethics
Reference no: EM133194969 , Length: word count:450

Question: Mohammad and Arjan wish to start a corporation. They meet with an attorney together and complete and sign the necessary paperwork to incorporate within their jurisdiction. The attorney places the documents in the mail. Due to an error with the delivery, the government never receives the notice. Mohammad and Arjan start using the new corporate entity name, finance, Inc.

The business struggles and a creditor sues Finance, Inc. to recover some unpaid obligation. During the lawsuit, the creditor learns that Finance, Inc. was never properly filed with the government. The creditor wishes to sue Mohammad and Arjan personally. Will the creditor win that lawsuit against Mohammad and Arjan? Why or why not?

Reference no: EM133194969

Questions Cloud

What steps might the company take to resolve it : Using the IDDR approach, identify Split Rail's ethical dilemma. What steps might the company take to resolve it? Explain.
How the organizations or agencies could help bargas family : Explain how these organizations or agencies could help Bargas family. Recommend an additional resource and explain how it could be of benefit to Bargas family
Preconditions for conducting constructive dialogue : American College of California-What are the preconditions for conducting constructive dialogue in an organization?
Describe the specific health or environmental impacts : Choose a specific type of non-renewable energy and describe the specific health or environmental impacts resulting from its energy extraction or consumption.
Will creditor win that lawsuit against mohammad and arjan : Jomo Kenyatta University - the government never receives the notice. Mohammad and Arjan start using the new corporate entity name, finance, Inc
Discuss two key components of free market health care system : Discuss two key components of a free market health care system, and a government controlled single payer system
Identify common perceptual, neurological or cognitive issue : Identify a common perceptual, neurological, or cognitive issue and discuss contributing factors. Outline steps for prevention or health promotion
Is sound exchange also a performing rights organization : Find an article discussing whether ASCAP and BMI should merge. Come to class prepared to write an essay on whether ASCAP and BMI should merge
Disruption of steroidogenesis by atrazine : American University - how atrazine affects reptiles and write the citation as it appears in the references section at the end of the paper.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  The powers of the executive and legislative branches of

the powers of the executive and legislative branches of government are outlined in the constitution and there is some

  What issues can cause in the county jail system overall

What issues can this cause in the county jail system overall? Jails are now housing more and more state and federal inmates due to overcrowding issues

  What was the purpose of their sanction

How did violating this norm make you feel? How can you explain these feelings sociologically? (E.g., how are concepts such as socialization, internalization, social control, role-taking, and/or the looking-glass self-relevant?)

  What standard will you use to justify your ruling

Defendant X claims he was in custody when interrogated by the police about a murder. Officer Y denies that claim and says that custody and arrest were farthest.

  What were the relevant legal issues

Analyze the case of Mrs. Ard on page 259 of Legal Aspects of the textbook. Answer the following questions.

  What are five vitiating factors

What are five 'Vitiating Factors' that will compromise the legal consent of a construction contract

  What other forces might have contributed

Do you agree with Murray that the erosion of traditional middle-class morals/values helps explain inequality in contemporary America?

  Do you think the college student can be charged with a crime

Do you think the college student can be charged with a crime? Why or why not? Support your response with your understanding of constitutional law

  Discuss product and direction of good

What are the documentation requirements with regard to taxes and tariffs for international trade? Discuss product and direction of good (import/export). Discuss countries involved

  Define the five essential elements of enforceable contract

Define the five essential elements of an enforceable contract, and demonstrate how each element relates to your example. Explain the circumstances of a breach of contract in your example, and discuss possible remedies

  Applying contract law to nonemployment workplace situations

Examples of these include the purchase of expensive property, and dealings with software vendors, building contractors, and facility maintenance firms.

  Outline the major societal arguments that influenced the us

what societal factors may have caused the u.s. supreme court to abandon the rule of stare decisis in the lawrence v.

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