Question
Describe what a protected class is and give 3 examples of protected classes. What are the advantages of a company going out for an IPO?
Describe what a protected class is and give 3 examples of protected classes.
What are the advantages of a company going out for an IPO? What securities laws govern companies going public?
Explain the difference between stocks and bonds.
Why would a court pierce the corporate veil and hold a company's founders personally liable if they have the protections of a corporation?
What is the difference between a merger and a consolidation?
Give an example of when a derivative suit might be filed?
For the past three years, Susan has worked solely as a delivery truck driver for AMCO tool supply. Although she has a contract with AMCO specifically stating that she is an independent contractor, the truck is owned by AMCO and Susan is paid by the hour. She generally works from 6 a.m. until about 3 p.m., Monday through Saturday. Each morning, she is emailed a list of delivery locations and times from her supervisor at AMCO. One Friday at 9 a.m., Susan is en route to a delivery when she notices that her gas tank is nearly empty. As she is pulling into the Shell station, she spills coffee on her pants and momentarily takes her hands off the steering wheel. The delivery truck crashes into a parked car, injuring the driver, Mel Blanc. Mel subsequently files suit against both Susan and AMCO.
a. [2 Points] What is the term for the legal principle under which AMCO may be held responsible for Susan's negligence in causing Mel's injuries (hint: it's latin)?
b. [5 Points] Is the court likely to determine that Susan is an independent contractor or an employee? Explain your response by listing and applying the relevant factor used by the court.
c. [3 Points] Assume the court determines that Susan is an independent contractor. How does that determination affect Mel's claim against AMCO?
[NOTE: Separate and letter each response - e.g., "a. The legal term is ___")
What did then CEO Adam Neuman of WeWork sell for millions (back his own company) that had investors questioning his ethics?
What movie was Quentin Tarantino being sued over for reproducing videos that he did not have the rights to?
What rapper is being sued for his inactions at a recent concert that killed several fans?
What did our New York Stock Exchange guest speaker say was the only question on a Final Exam at Harvard Business School for a well-known CEO that was more of a lesson than an actual test?
What company was blocked due to potential Antitrust when attempting to purchase a small company that produce GIFs?
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