Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Law & Ethics Expert

 Susan is a promoter for a proposed corporation, Acme Corp. As promoter, she signed a 
three-year lease to rent office space in an office park. She signed her name and indicated 
below her signature she is signing as "promoter for Acme Corp., a company yet to be 
incorporated." 

Acme is never incorporated. The lessor believes that Susan is personally liable for any damages 
it will sustain as a result of the three-year lease having to be breached. Is Susan personally liable? 
describe. 

2. One of the directors of Independent Acme purchases 100 acres of timberland. In order 
for him to sell the timber from this land to Independent, what must he do? If he does not 
act properly in this situation, what duty would he violate, and what would be the result? 

3. Kelly is the CEO of Acme Corporation. Who sets her compensation, and what types of 
compensation would she likely receive in addition to her salary? Can shareholders do 
anything to challenge her level of compensation if they think it is unfairly high in 
comparison to average employee compensation within the company?

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M948173

Have any Question? 


Related Questions in Business Law & Ethics

1 in no more than two 2 pages and citing materials we

1. In no more than two (2) pages and citing materials we covered this semester, discuss the constitutional protections for freedom of expression developed within the defamation regimes in the United States and England wi ...

Discussion response 250 to 300 words to the message below

Discussion response 250 to 300 words to the message below with your initial response including cited information from the text, readings, and other course related information to support your response. Give an example of ...

Questionwrite a report that covers the following1-

Question: Write a report that covers the following: 1- Explanation of the AAIOFI mandates, which is applied for selecting Shariah-compliant stocks for Islamic fund investment. 2- Analysis of the company's financial Repor ...

Write a paper of 700- to 1050-words in which you discuss

Write a paper of 700- to 1,050-words in which you discuss the roles of law and courts in today's business environment. Differentiate the federal court structure with your state's court structure. Discuss the concept of j ...

1 there are many opportunities within the field of

1. There are many opportunities within the field of marketing that you might consider as a career. Research using the Bureau of Labor Statistics' online Occupational Outlook Handbook as a resource to see the possible rol ...

Ethical moral relativismin america many are comfortable

Ethical (Moral) Relativism In America, many are comfortable describing ethics as follows: "Well, what's right for me is right for me and what's right for you is right for you. Let's just agree to disagree." This is an af ...

Typologies of crimediscusses several violent crimes and

Typologies of Crime Discusses several violent crimes and crime typologies related to them. Considering what you have learned here, and drawing on information learned in previous chapters, such as Chapter 4 which discusse ...

Assignment law enforcement challengeswrite a three to four

Assignment: Law Enforcement Challenges Write a three to four (3-4) page paper in which you: 1. Explain, in detail, what you believe to be the greatest challenge facing law enforcement agencies investigating exploitation, ...

Key playersgloria has now been in business for 2 years her

Key Players Gloria has now been in business for 2 years. Her business is called International Widgets, and she employs more than 300 people in the business headquarters. In the early stages of the business, she created a ...

Employment law questions1 carla thomas a nonsmoker often

Employment Law Questions 1. Carla Thomas, a nonsmoker, often encouraged her co-workers to quit smoking. Her new manager, Paul, a smoker, was annoyed by what he considered her constant nagging. He moved her desk from a se ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro