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AMC, Inc.’s board of directors have appointed Mr. Ahmed to be the Chief Financial Officer (CFO) of the corporation. The directors declared this appointment during a welcoming corporate dinner in AMC, Inc.’s head office. Mr. Ahmed signed the employment contract on December 15th, 2015. According to the employment contract, the employment takes effect in January 1st 2016. . However, In December 18th, Mr. Ahmed attended a meeting with HP Company and signed a service contract, on behalf on AMC, Inc., for 2 million SR. • From your point of view, discuss whether Ahmad’s act was legal or illegal. Can third party rely on the fact that he is representing the company? Could the court consider this transaction and enforce it? In which cases this transaction could be considered legally binding? • You can create and illustrate your own scenario using the facts mentioned above. (You can add facts). • Support your answer with rules from officers’ role and agency.
Consider the role of a risk manager and select a topic related to risk financing. Specifically, identify a risk financing issue. This issue may be from a selected organization
List and describe five product placements that you remember in recent TV shows or movies that you recently viewed. What initially caught your attention and drew your eye to th
The weekly price at an extended-stay hotel (renting by the week for business travelers) is $950. Operating costs average $20,000 per week, regardless of the number of rooms re
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A swimming pool company has 100,000 labor hours available per summer and with a labor productivity of 5 pools per 6,000 hours. How many pools can the company install this summ
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The Kansas City Gun Experiment in 1992 - 1993 used intensive police patrols directed to an 80-block hotspot area where the homicide rate was 20 times the national average. It
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