Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Management Information System Expert

David had a great idea for a new app, called Bookface, which allowed book enthusiasts to discuss their favourite novels. David incorporated a new company, Start Up Pty Ltd to market the app. David was the sole director of Start Up Pty Ltd but the company had three shareholders, David and his brother and sister John and Jane. Each held one share each. John and Jane were not involved in the company other than to the extent that they contributed start-up capital and were in turn provide with shares. Start Up Pty Ltd entered a contract with a web developer, Susan, to develop the app and paid a small deposit out of the monies contributed to Start Up Pty Ltd by John and Jane. Susan worked day and night on the Bookface project for one month but just before completing her work saw a news story featuring David, who had sold his Bookface idea to Big Blue Co Ltd for a large undisclosed sum. Susan tried to contact Start Up Pty Ltd but their office had been shut down. A search of the company confirms that it has no assets and Susan is unable to obtain payment for the work she has performed. Advise Susan if she has any recourse against David? John and Jane have also been left empty handed as David's contract with Big Blue Co Ltd was in his own name, making no reference to Start Up Pty Ltd. Do John and Jane have any recourse against David?

Management Information System, Management Studies

  • Category:- Management Information System
  • Reference No.:- M91590634

Have any Question?


Related Questions in Management Information System

Ch 7 control and accounting information systemson the other

Ch. 7: Control and Accounting Information Systems On the other hand, the evidence of fraud here seems strong. If this kind of behavior is not penalized, then the perpetrators may be encouraged to do itagain, with future ...

Discussion your task is to compare and contrast the

Discussion : Your task is to compare and contrast the different approaches and techniques that can be used to secure both planes (control plane and the management plane) of a Cisco device. Also answer the question of whe ...

Assignment read and use the link racism and discrimination

Assignment Read and use the link Racism and discrimination in health care: Providers and patients Question 1. Are some cultures receiving a lower level of care simply because of their culture? Question 2. What are your t ...

How information technology has enhanced the use of computer

How information technology has enhanced the use of computer assisted education in the elementary school classroom, and the possible positive and negative impacts this enhancement provides. 3-5 pages does not include titl ...

Answer the following questions how can big data help your

Answer the following Questions How can Big Data help your employer or school? Will Big Data have an impact on how you use the Internet? What are some of the challenges of Big Data? 275 words apa 2 sources

Yre a member of the human resources department of a

You are a member of the Human Resources Department of a medium-sized organization that is implementing a new inter-organizational system that will impact employees, customers, and suppliers. Your manager has requested th ...

Choose a youtube video about html5 and css which is

Choose a YouTube video about HTML5 and CSS, which is respectful and abides by Saint Leo University's Core Values. Watch the video and write a paragraph summarizing the video. Describe it and provide the URL. Remember: It ...

Discussion questionchoose one of the questions listed below

Discussion Question Choose one of the questions listed below and respond in your main post, following the instructions below. Reply to two other colleague's posts. 1.- Division of Labor - Chapter 1 Provide an example of ...

Class - please select a disaster recovery plan drp for any

Class - Please select a Disaster Recovery Plan (DRP) for any selected scenario. You can choose any organization's plan or create your own. 1. Describe the key elements of the Disaster Recovery Plan to be used in case of ...

Instructionsyou have just been hired as a compliance

Instructions You have just been hired as a compliance officer for your healthcare organization, and you have discovered that the food services department of the organization is not in compliance with state food safety re ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As