Moreover, as a certified mortgage broker with over twenty years' experience, Michael Brooks is a sophisticated businessman who willingly executed an unambiguous contract and accompanying documents. This Court will not bail him and BrooksAmerica out just because they are now unhappy with the contract An agreement by parties that the contract can be assigned free of any defenses which an account-debtor may have against the assignor is enforceable by a good-faith, for-value assignee against ordinary defenses, not including fraud, duress, or the like. O’Brien v. Ohio State University 2007 WL 2729077 Ohio Court of Appeals, 2007 FACTS: Jim O’Brian (plaintiff), head coach of mens basketball team at OSU (defendatnt) was offered a contract for about $800K a year. Contract included termination provisions. The
Executive Summary Kenneth Jones, the president of Viscotech, has a handful of regulatory issues to resolve before moving any further with operations. Ideally, the company would have considered SEC regulations before raising the $976,000 in December 1997 from 34 investors through the MIFT pool. Most importantly, Viscotech was desperate for money, so they did not notify the SEC, and accepted money for securities offered under Regulation A, which had not been finalized by the SEC staff. Viscotech advertised the MIFT as a trust, when it appears to be a contract to buy securities at a future date, but we argue that the security vehicle is exempt under Regulation A (see Exhibit 1) for the following reasons. Under the Securities Act of 1933, the MIFT does not automatically fall into the category of exempt securities, so the company must still file a offering statement with the SEC to avoid penalties.
1. Betty drove three hours in one-hundred degree heat. Explain if this fact has any bearing on whether or not the dealer must perform in accordance with the published advertisement. No, the details of what Betty endured during her three hour drive in the heat has no merit on whether or not Rally Motors is obligated to perform a duty to sell a vehicle to Betty in accordance of their advertisement of a truck in the newspaper. Many businesses uses newspapers for advertisements which are promotional sales pitch such as the one used by Rally Motors, portrayed in the video to entice customers, but they are not precise methods of an offer to a customer.
Memorandum of Law To: Senior Partner Sam Smith From: Research Clerk Re: Bob: Debt Collection Date: January 15, 2015 Questions Presented I. Is there a Cause of Action for Bob to bring suit against defendants? II. Which court(s) has jurisdiction for the amount in controversy in the three lawsuits that Bob wants to file? Statement of Facts Bob (“plaintiff”), who lives in Los Angeles, CA, generously loaned three different individuals three different amounts of money.
Analyses The biggest question is what should Morgan do with all the takeover bids? Being that Morgan is a retired dean of Boston University business school, he is well versed in the business world. From this, he should consider Odak’s comment about doing what is best for the shareholders of Ben & Jerry’s. If we simply look at the P/E ratio of B&J in Exhibit 6 of the case, which is 19.8, and compare that to the offers being presented by the four bidders here’s what we have: • Dreyer’s Grand - $31 / $1.06 = 29.24 (stock) • Unilever - $36 / $1.06 = 33.96 (cash) • Meadowbrook Lane - $32 / $1.06 = 30.18 (cash) • Chartwell – minority investment of $30 - $50 million The P/E numbers above show that Unilever would bring in a large investment and also be right for shareholders of B&J. Unilever would be paying a $15 premium over the pre-offer announcement share price of $21.
Do you Agree or disagree? Give at least three specific reasons for your answer and provide at least one counter argument and rebut it. Week 2 Discussion Questions Question A Provide and discuss an example of a situation where a company would use a job cost sheet. As part of your analysis, be sure to explain the nature and importance of a job cost sheet. Question B Discuss the advantages and disadvantages of Job Order Costing.
Jason accepted bids from three other accounting firms and ultimately selected a firm that was priced lower with the understanding that they would be awarded consult work for the corporation at a later time. The Stakeholders The stakeholders of Linex are the owners of the corporation, the employees, creditors, and any individual or firm that is a potential investor for Linex. Other stakeholders in this case are the accounting firms that represent Linex who
When I used to teach this class I would use this analogy: In Germany in order to obtain an operators permit or drivers license everyone must go through six months of driver education as well as pay what is I believe today is around three thousand dollars to include any vehicle on the road must pass a state inspection which is far from a cursory look at the fenders. Now with that they take driving and safety very seriously given the open ended speeds on many of the autobahns but the bottom line is they go through such lengths to ensure only safe vehicles and safe operators are on the road making the Government accountable to the citizens to ensure that happens. On top of that anyone that operates a vehicle in Germany does so with the understanding that everyone on the road is accountable for their actions. Sure you still drive defensively but much of the “risk” is taken out of the equation as every operator goes with the expectation that the other guy or gal is going to act responsibly as well, not just
Demand for such vehicles can not be designed based on the jeep AMC existing, and the vehicle as desired from the Beijing Automotive Works (BAW) cost at least a $700 million. BJC and the AMC do not have the amount of money like that, and then try to convince the AMC Chinese to produce the new vehicle type Jeep Cherokee. It appeared that after convinced, the Chinese partners agreed then changed objectivity AMC began selling the cars to get money and selling the kits to get money. Appears a new problem where BJC can get foreign exchange for these kits. According to the rules when a number of foreign exchange in large numbers required a special license meanwhile BJC had never discuss about this to the Chinese government.
This meant that there was no minimum wage and women had to quit their job if they became pregnant as there was no maternity leave. This links in with the car industry as laissez-faire meant that Henry Ford could set his own employment rules and pay what they wanted. Another policy was import tariffs; this meant that it was expensive to import foreign goods so American people