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Oahe Enterprises was formed by the efforts of Emmick, who acted as a promoter and contributed shares of Colonial Manors, Inc. (CM), stock in exchange for stock in Oahe. The CM stock had been valued by CM's directors for internal stock option purposes at $19 per share.
However, one month prior to Emmick's incorporation of Oahe Enterprises, CM's board reduced the stock value to $9.50 per share.
Although Emmick knew of this reduction before the meeting to form Oahe Enterprises, he did not disclose this information to the Morrises, the other shareholders of the new corporation. Can Oahe Enterprises recover the shortfall?
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Critique the Civilan review board and answer the following question: Citizen review of police are designed to look over police discretion throughout history in determining the proper discipline. The citizen oversight
The shareholders of SC want to sue Ted for this bad decision that cost them billions. However, Ted had made a reasonable investigation before making this decision, he had a rational basis for it, and he had no conflicts of interest regarding this ..
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Since this policy was established twenty years ago, Big Red has followed the policy exactly. Billy Jennings recently applied for a job at Big Red, but although he was well qualified for the position, he was not hired because, under the Big Red Aff..
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the similarities and differences between Underlying ideology of the group
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Just keep doing business the same way you've been doing it. Don't tell them anything has changed." Such were your direct instructions from the new CEO of your company concerning how you should conduct business with a longtime supplier which your comp..
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