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In April, Cranson was asked to invest in a new business corporation that was about to be created. He agreed to purchase stock and to become an officer and director. After his attorney advised him that the corporation had been formed under the laws of Maryland, Cranson paid for and received a stock certificate evidencing his ownership of shares. The business of the new venture was conducted as if it were a corporation.
Cranson was elected president, and he conducted all of his corporate actions, including those with IBM, as an officer of the corporation. At no time did he assume any personal obligation or pledge his individual credit to IBM. As a result of an oversight of the attorney, of which Cranson was unaware, the certificate of incorporation, which had been signed and acknowledged prior to May 1, was not filed until November 24. Between May 1 and November 8, the ‘‘corporation'' purchased eight computers from IBM. The corporation made only partial payment. Can IBM hold Cranson personally liable for the balance due?
This question belongs to Management and it discuss about self-awareness of a person from Peter F Drucker's point of view
Gather information on the cultural problems you would face in opening a business in each country and selling your machinery (see following situation). Use the Inter- net to facilitate your research. Also, you are encouraged to interview foreign stu- ..
You are done meeting with the four vice presidents, and Jared has called you into his office for a quick meeting to discuss next steps.
The research paper should demonstrate your grasp of the concepts covered in the course. The topic can apply to a project management issue of particular interest to you or your work place. Find at least 6 references.
Consider your own health care organization or one which you would someday hope to lead. Based upon your learning in this course, state and explain at least three "critical success factors" for your organization, department or program. Why did you sel..
There are four key barriers to communication: process barriers, personal barriers, physical barriers, and semantic barriers. Write an essay describing how you, as a manager, would overcome each of these four barriers. Describe the guidelines, tool..
Sketch a histogram showing the distribution of weight-change scores. Calculate the mean weight change score for this sample
What are the different models of organization
The company is currently organised on a functional basis, including her own marketing department. Most of the sales team come from engineering backgrounds and the company is strongly engineering and product oriented. At the moment, she feels that ..
Explain three forces leading companies to pursue international operations.2. Explain the concept of protectionism. Describe at least one impact to international business strategy.3. Identify at least one potential disadvantage to initiating, continui..
Are the security needs of small businesses different than those of a larger corporation. One of the major complaints regarding information security regulations is that they place an unfair burden on organizations as they are costly unfunded mandate..
What are corrective actions, how does the project manager know that corrective action is needed, how the root causes of corrective actions determined, how is the effectiveness of a corrective action measured
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