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You and a friend form a corporation (Company) together selling refurbished handbags. Your responsibilities are to decide sales and your friend's, Patty, is to manage operations and compliance. It was manage to base the Company in Philadelphia, Pennsylvania (PA) due to its favorable tax laws, though, your second store in Brooklyn has strong sales due to your clientele's interest in eco-friendly fashion. For this same reason, online sales of the handbags do very well in the California (CA) market, and in fact, accounted for 18% of sales in 2011. Your company has received a complaint letter from a CA purchaser (Purchaser) that claims the refurbished bag it bought from you is in violation of a CA state consumer product safety law, called as Proposition 65 (Prop 65). The claim stems from a protective coating on the exterior of the bag that Purchaser claims has caused a painful and unsightly skin rash on her hand and shoulder.
Declaration and Payment: There is no provision in the Act dealing with payment of dividends. It is therefore governed by the provisions of the company's articles, failing whic
Compromise or arrangement - reconstructions: A scheme of arrangement is very flexible since it may be used to effect any "compromise or arrangement" with members or a class of
Write one term paper (20 to 25 typed pages of actual text). **The paper must be on a word, phrase, or clause within the U.S. Constitution. Ex. Establishment Clause, Free Exercise
State the International policy coordination In an international context governments can, in theory, offset adverse spillover effects originating from other nations. With fewer
Impose a duty on directors: A company is, however, free to impose a duty on its directors to attend board meetings within a certain period of time and to prescribe the consequ
Utmost Good Faith Whether a partnership is such contract of the chief good faith. Every one partner is entitled for utmost gaviness rom his co-partners. Therefore this equitab
Bills: Further an Act of Parliament begins as a Bill that is the draft of law that Parliament intends to make. In section 46(1) of the constitution states like "the legislati
Agency by Ratification So then Agency by ratification can only arise whether: The agent purported for act to a principal and one is The alleged principal was in exi
Liability: Liability under the section may arise on the death of a member if the death reduces the membership below the statutory minimum for the particular company and:
The U.S. Constitution provides certain procedural safeguards to an accused, including protections from unreasonable searches and seizures, the right to an attorney and the right to
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