Law 421 week 4 complete contemporary business law a+ graded

LAW 421 (Contemporary Business Law)

Week 4

Don't use plagiarized sources. Get Your Custom Essay on
Law 421 week 4 complete contemporary business law a+ graded
Just from $13/Page
Order Essay


WEEK 4 Discussion Question #1



      What aretheUCCprinciplesofgood faithand reasonableness to sales contracts?



      What arethedifferent ways thattitletransfers underUCCArticle2?



      Which partybears therisk?



      What distinguishes asaleon approval,saleon consignment,andsaleor return underUCCArticle2?


WEEK 4 Discussion Question #2



Greg,Kim,Phil,and Tianyaeachown 20percent ofthesharesofacompanyand serveas theboard ofdirectors ofthecompany,HomeHealth,Inc. Samis also a20 percent shareholder,but sheisnot amemberoftheboardofdirectors.When Tianyadies,her husband Michaelinheritshersharesofstock that werethen worth

$100,000,and replaces Tianyaon theboard ofdirectors.Unfortunately, Michael is sogriefstricken that heis completelyinattentiveto corporateaffairs.During this period,Greg,Kim,and Phil extend loans to themselves totaling$250,000 from corporatefunds that theyneverpayback. When Samdiscoversthat HomeHealth, insolvent,shesues Michael forbreach ofhisdutyofcaretothecorporation.


·   Discuss Michaelsliabilityand fiduciaryduties.

MayMichael assertthelimited liabilityofthecorporateformas adefense?

·   Is it likelythat acourt will piercethecorporateveil?Explain.


Week 4 Assignments:


LAW 421 WEEK 4 Critical Reflection (700+ Words)


LAW 421 WEEK 4 Individual Assignment


LAW 421 WEEK 4 Team Learning (1150+ Words)


LAW 421 WEEK 4 Team Learning Reflection (400+ Words)


Calculate the price of your paper

Total price:$26
Our features

We've got everything to become your favourite writing service

Need a better grade?
We've got you covered.

Order your paper