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47.Janie is on the student council at Central High School. The council's faculty advisor, Ms. Smith, calls Janie and says she needs Janie to order

47.Janie is on the student council at Central High School. The council's faculty advisor, Ms. Smith, calls Janie and says she needs Janie to order decorations for an upcoming event. Ms. Smith says that she will give Janie authority to do anything that she could do herself. She gives Janie credit card details to use for the orders. Janie notices that Ms. Smith repeats herself and slurs some of her words while on the call. Afterwards, Janie orders the decorations. She also orders a "Poop-Gram" for her ex-boyfriend, Will. A Poop-Gram is a freeze-dried dog poop sent anonymously to a third-party recipient. Will is also an ex-boyfriend of Ms. Smith, and Janie and Ms. Smith became friends talking about Will. Janie uses Ms. Smith's credit card for both orders.

List three more things you would want to know about this scenario to be able to analyze it legally (bullet points, just a few words each - no need to analyze, just list what else you want to know). Note that there are more than three possibilities, but just list three.

48.Refer back to the facts for the prior question. Suppose that when Janie orders the event decorations, she orders them from an S corporation that you own and operate. When Janie picks up the decorations, she tells you about Poop-Gram. You think that sounds like a great business idea, only you want to use shrink-wrapped poop instead of freeze-dried poop. Which of the following is true?

A.You cannot change or add to what your business does without changing your articles of incorporation and bylaws.

B.You cannot go into a similar business to Poop-Gram because you heard about it from a customer, which makes it insider trading.

C.You cannot go into this business without closing the decoration business, because an S corporation may only pursue one revenue stream at a time.

D.You cannot go into this business if shipping shrink-wrapped poop is illegal.

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