As a director of InstaTalk Inc., Jim has a right of inspection. This right can be restricted by
Gil is an officer for HVAC Corporation. Due to Gil’s choice…
Gil is an officer for HVAC Corporation. Due to Gil’s choice of a certain supplier, HVAC’s costs are somewhat higher than they might have been if a different supplier had been chosen. Gil is most likely liable for breach of
Vera is a purchasing agent for Wild-Caught Fish Inc., with t…
Vera is a purchasing agent for Wild-Caught Fish Inc., with the authority to buy a sea fisher’s catch up to a certain quantity. After the fish is bought, the agency relationship terminates
Nevis and Olsen want to do business as a corporation—Pastrie…
Nevis and Olsen want to do business as a corporation—Pastries & Pies Inc. The procedure for forming this firm is prescribed by
Ben manages a warehouse and its inventory for Coffee Roaster…
Ben manages a warehouse and its inventory for Coffee Roaster Inc. To operate this part of the business, Ben’s authority can be inferred
Ned and Olga are shareholders of Pizza Pies Inc. Ned’s writt…
Ned and Olga are shareholders of Pizza Pies Inc. Ned’s written authorization to Olga to vote Ned’s shares at a shareholders’ meeting is
Diamonds & Gold LLC hires Elle to buy gems and precious meta…
Diamonds & Gold LLC hires Elle to buy gems and precious metals from various sources on its behalf. In this relationship, Diamonds is
Suva is an agent for Tax Accountants, Inc. On the firm’s beh…
Suva is an agent for Tax Accountants, Inc. On the firm’s behalf and at its request, Suva pays Uzo for specially coded software. Suva’s right to obtain the amount of the payment from Tax Accountants arises under the duty of
Fara hires Gil, a real estate broker, to act as her agent to…
Fara hires Gil, a real estate broker, to act as her agent to sell her land for $150,000. Before the land is sold at the stated price, oil is discovered beneath it, causing its market value to increase considerably. The agreement between Fara and Gil is likely
Paper & Scissors Inc. wants to incorporate. The primary docu…
Paper & Scissors Inc. wants to incorporate. The primary document needed to incorporate a business is