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Question: Case Problem with Sample Answer. At least six months before the 1996 Summer Olympic Games in Atlanta, Georgia, Stafford Fontenot, Steve Turner, Mike Montelaro, Joe Sokol, and Doug Brinsmade agreed to sell Cajun food at the games and began making preparations. Calling themselves "Prairie Cajun Seafood Catering of Louisiana," on May 19 the group applied for a license with the Fulton County, Georgia, Department of Public Health-Environmental Health Services. Later, Ted Norris sold a mobile kitchen for an $8,000 check drawn on the "Prairie Cajun Seafood Catering of Louisiana" account and two promissory notes, one for $12,000 and the other for $20,000. The notes, which were dated June 12, listed only Fontenot "d/b/a Prairie Cajun Seafood" as the maker (d/b/a is an abbreviation for "doing business as"). On July 31, Fontenot and his friends signed a partnership agreement, which listed specific percentages of profits and losses. They drove the mobile kitchen to Atlanta, but business was "disastrous." When the notes were not paid, Norris filed a suit in a Louisiana state court against Fontenot, seeking payment. What are the elements of a partnership? Was there a partnership among Fontenot and the others? Who is liable on the notes? Explain. [Norris v. Fontenot, 867 So.2d 179 (La.App. 3 Cir. 2004)]
A Question of Ethics Portland Shellfish Co. processes live shellfish in Maine. As one of the firm's two owners, Frank Wetmore held 300 voting and 150 nonvoting shares of the stock. Donna Holden held the other 300 voting shares. Donna's husband, Je..
Examine the principal ways in which the leadership of the NCAA contributed to the ethical violations of Penn State, Ohio State, and the University of Arkansas.
This paper is based on your readings and assignments so far from this class. Use this material to discuss and explore the synergy that RFID technology & Time Based Competition has had on the grocery retail industry. (Read Chapter 6- 7 from book2 ..
There are commercial requirements management tools, like Telelogic DOORS/ERS. What types of functions do these tools provide and why do we need such things?
Compile a report recommending what the Public Transportation Department of Chatfield can do to alleviate its information and system issues.
If the demand for a product is perfectly price inelastic, what does the corresponding price consumption curve look like? Draw a graph to show the price consumption curve.
Write a personal essay describing your relationship to the idea of "responsibility." Feel free to consider the following questions: What does it mean to be a responsible human being?
This assignment requires a written critique of the professionalism of the NYPD officers involved in the incident. Should police officers be held to a higher standard of behavior than other citizens?
Construct a Pareto diagram (chart). In conjunction with the framework presented. What role is played by the use of these diagrams?
That is to be able to explain and critically discuss the role of marketing communication in the overall marketing and business strategy
BSBWOR502 Lead and manage team effectiveness Assessment. Prepare to take notes to provide evidence of team meeting
FACTS Stephen Teiper wrote a letter to the Nebraska Board of Public Accountancy to accuse his brother-in-law, Michael Walsh, a certified public accountant (CPA), of impersonating Teiper on the phone to obtain financial information from Teiper's in..
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