Reference no: EM132185992 , Length: word count:600
Assignment -
Scenario 1 - Management of Corporations Parker and Phillips incorporated P & P Resorts Inc., a closely held Texas corporation. Parker was president and Phillips served as vice president and director for operations. Parker owned 40% of the stock, while Phillips owned 60%. Both men met with CTA, a group of travel agents from California to discuss special deals for booking groups into the resorts. After the first meeting, all contracts with CTA were made by Phillips, who learned that there was a good chance that CTA would award the contract to P&P Resorts. Phillips incorporated Travel Brokers and was its sole owner.
Phillips used P& P Resort's time to work on proposals for Travel Brokers and managed to keep negotiations with CTA a secret from Parker. When Parker discovered Phillip's actions, he filed suit against him for wrongfully taking a corporate opportunity from P &P Resorts.
Phillips claimed that he did not take a corporate opportunity because Travel Brokers did not have the financial ability to undertake the contract with CTA. Provide the arguments for Parker and Phillips.
Determine which party should win and provide support for your selection. Explain any ethical principles applicable to this case.
Scenario 2 - Product Liability Allan was not a licensed plumber, but often installed hot water heaters as part of his job as a handyman. Allan installed a new hot water heater manufactured by Bradford Inc. for Karla, a single mother with two children. Warnings were provided in large bold letters on a metal plate on the water heater.
Similar warnings were provided in the manual Allan provided to Karla at the time of installation. The warning on the water heater read "CAUTION: HOT WATER CAN SCALD." The heater itself contained a picture of hot water coming from a faucet with the words "DANGER" printed above it. In addition, the following statement was printed on the water heater.
Warning! Water temperature over 120°F can cause severe burns. Children, elderly persons, and the disabled are at higher risk of being scalded. Test water temperature before bathing or showering. Temperature limiting valves are available, see manual. Allan set the temperature to 105°F.
The next day, 3-year-old Simon was being bathed by his 12-year-old sister, Linda. When Linda received a text on her cell phone, she left Simon alone in the bathtub with the water running. Simon was scalded by the water from the tap. Simon's mother brought suit against Allan and Bradford Inc. alleging defects in the design of the water heater and Allan's failure to warn her about the heater's dangers.
Provide arguments that Allan, Bradford and Linda will introduce in court. Determine which party should win and support your answer.
Words: 600.
|
Process capable of producing the part at three-sigma level
: Assume that the process is in statistical control. Is the process capable of producing the part at the three -sigma level?
|
|
How did social media begin
: How did social media begin, and how has it found so much favor in such a short period of time? Compare and contrast Facebook, Twitter, LinkedIn, and YouTube.
|
|
What are some best practices for e-Recruiting
: What are some best practices for e-Recruiting? Benefits of Using e-Compensation and e-Benefits Technology.
|
|
Discuss the impacts of history and culture
: The individual project will be presented in PowerPoint format; projects shall analyze, compare, contrast and discuss the impacts of history, culture.
|
|
Determine which party should win and support your answer
: Provide arguments that Allan, Bradford and Linda will introduce in court. Determine which party should win and support your answer
|
|
How physical and mental incapacities are documented
: The student will participate in a mock guardianship case in which each student will research/imagine the role assigned to them and portray that discipline.
|
|
Unionized or non-unionized environment
: Briefly outline the organization you are analyzing including the number of employees and whether it is a unionized or non-unionized environment.
|
|
Responsible for conducting representation elections
: The National Labor Relations Board is responsible for conducting representation elections and resolving or ruling on unfair labor practice charges.
|
|
How the song or sound effect helps to create a sense of mood
: Sound, whether a sound effect, piece of music or a whole score, is extremely effective in creating mood in live theatre. Drama performances increasingly.
|