John, David, Sharon, and Ken decided to form a corporation for bottling and selling apple cider. John,
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Ken relied on Henry's representation and with the support of the others, entered into a contract on May 4 with Grower to purchase the entire production of Grower's apple orchard. The contract was negotiated by ken on behalf of "J-D-S Inc." Grower delivered the apples as agreed. Unknown to the members of the corporation or Grower, the articles of incorporation were never filed by Henry. The business failed a short time after that.
What are the right of Grower's against John, David, Sharon, and Ken as individuals?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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