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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?
Bureaucracy is not dead or dying - both bureaucratic and anti-bureaucratic forms of organisation continue to co-exist, and both have strengths and weaknesses even under current circumstances" (adapted from Storey and Salaman, 2009)
1. May Attorney X, while serving as a city commissioner on the city commission of a home-rule Texas city, represent persons charged with criminal offenses in the county and district courts where the city police department participates in the investig..
Capstone Project Overview
Part A: Utility can be defined as the satisfaction a person receives from a product or service. The more the good or service is consumed, the total utility also increases. Calculations of utility for the three different selection methods are g..
Construct a Gantt Bar Chart for the project and determine Budget At Completion (BAC) for the project. Assume that RAMBOTICS Corporation has access to unlimited resources; that personnel cost are blended costs at $10,000 per month per person, and t..
Are there any good studies on how social interactions change how we buy?
Please provide a reliable source of business information that anyone can access via the web. Please provide a link to a reliable website and a SPECIFIC article or piece of information that is relevant to our course up to this point. for examp..
Describe the elements of the existing brand and positioning strategy in the main body of the content. Evaluation of the present strategy employed by the organisation.
Find an external auditing company on the Internet
Investigate the HR functions in your organization. Which functions are outsourced and why? Which other ones might be outsourced?
A strategy that reflects the diversity that exists in the learning process with regards to learners needs and learning needs that relate to social, cultural and other types of workplace diversity, such as the need for varied communication styles an..
Developing a successful relationship with the customer is the first step to building brand loyalty. For a product you are brand loyal to, describe how your relationship to the brand started.
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