[Kite Sales] Tatiana is president of a business that manufactures kites. The kites of her company, ABC Kites, are sold to large toy stores. After Tatiana learned a great deal about kites at ABC, she started to make kites at home. She started selling kites to friends. She also started to make inquiries regarding selling her kites to larger toy stores in the area, and she began making a few sales to them. Her plan was to start small and then leave ABC after she had increased sales. She did not work on her side project while she was on the clock with ABC. Some of the directors learned about her kite sales and accused her of wrongdoing. Tatiana denied any wrongdoing and pointed out that she did not work on her project while she was on the job with ABC. What remedy will be imposed on Tatiana, if any, for her home kite sales?
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[Cheeseland Purchase] Cheeseland, Inc., manufactures process…
[Cheeseland Purchase] Cheeseland, Inc., manufactures processed cheese products. BigCheese, Inc., seeks to purchase Cheeseland’s well-known trademarks and logos, and its factory and equipment. The Board of Directors of both companies vote in favor of the deal. Alba is a 15% shareholder of Cheeseland. Her grandfather started the business many years ago and she does not want the company to sell off its endearing trademark and the factory her grandfather built. She visits Myron, an attorney, and Myron tells her that the Board’s vote is legitimate to finalize the deal with BigCheese and the best she can do is take the money. Cyril is a shareholder in BigCheese, and his grandfather was cheated fifty years ago by Alba’s grandfather and he doesn’t want BigCheese to be responsible for Cheeseland’s enormous liabilities. Cyril threatens to take BigCheese to court because he claims shareholder approval is required to purchase Cheeseland. Is Myron correct that the vote by Cheeseland’s Board of Directors is legitimate to finalize the deal between the two companies?
[Gaming Merger] Calvin and Daniella each own 5% of GamePower…
[Gaming Merger] Calvin and Daniella each own 5% of GamePower, a video game design company. GamePower is seeking to merge with GameKing, and before a shareholder meeting, Calvin and Daniella email all other shareholders and corporate representatives about their disagreement with the proposed transaction. At the shareholder meeting, they vote against the merger with GameKing, but, 90% of the shareholders vote in favor of the merger. Calvin tells Daniella that it is not fair that they are forced to be part of GameKing. Daniella tells him they have no choice, so get used to it. What, if any, option do Calvin and Daniella have if they do not want to be part of the merged corporation?
[Kite Sales] Tatiana is president of a business that manufac…
[Kite Sales] Tatiana is president of a business that manufactures kites. The kites of her company, ABC Kites, are sold to large toy stores. After Tatiana learned a great deal about kites at ABC, she started to make kites at home. She started selling kites to friends. She also started to make inquiries regarding selling her kites to larger toy stores in the area, and she began making a few sales to them. Her plan was to start small and then leave ABC after she had increased sales. She did not work on her side project while she was on the clock with ABC. Some of the directors learned about her kite sales and accused her of wrongdoing. Tatiana denied any wrongdoing and pointed out that she did not work on her project while she was on the job with ABC. What remedy will be imposed on Tatiana, if any, for her home kite sales?
The ______________ system provides the mechanical force to m…
The ______________ system provides the mechanical force to move the bones around their joints.
The principle of hierarchy of structural organization states…
The principle of hierarchy of structural organization states that we’re structurally organized into six levels of increased complexity. The first level is chemical, and the sixth (and last) level is ___________________.
Its function is that of the ribosomes attached to its extern…
Its function is that of the ribosomes attached to its external surface; that is, protein synthesis. This description fits that of _____________________.
The principle of hierarchy of structural organization states…
The principle of hierarchy of structural organization states that we’re structurally organized into six levels of increased complexity. The first level is chemical, and the sixth (and last) level is ___________________.
Which statement accurately describes how directors are chose…
Which statement accurately describes how directors are chosen during incorporation?
The ______________ system provides the mechanical force to m…
The ______________ system provides the mechanical force to move the bones around their joints.