Question
Grow Daisy Inc. is a corporation formed to grow wholesale florist products to sell in smaller retail locations throughout the region.Adjacent to Grow Daisy's operations
Grow Daisy Inc. is a corporation formed to grow wholesale florist products to sell in smaller retail locations throughout the region.Adjacent to Grow Daisy's operations was a ten-acre tract of undeveloped land that came up for sale.Tabitha, a member of the Board of Directors of Grow Daisy Inc., personally purchased the adjacent property from its owner, Will, but only after Will had refused to sell the property to Grow Daisy.Will stated he did not want to do business with Grow Daisy because he did not like the CEO, Patrick. Without offering the property to Grow Daisy, Tabitha then sold the property to another developer for a $60,000 personal profit.
If Tabitha had sold the property to Grow Daisy and then Grow Daisy had sold the property to the other developer, then Grow Daisy could have profited. Alternatively, if Tabitha had sold the property to Grow Daisy, then Grow Daisy could have also chosen to expand its operations. Patrick has learned about these events.Patrick is unhappy. Patrick has informed the rest of the Board of Directors for Grow Daisy about these events. They are concerned about Tabitha's actions.
1. Discuss, analyze and evaluate the LEGAL claims that these events might raise.
2. Discuss, analyze and evaluate the ETHICAL concerns that these events might raise.
3. Should your response require additional information, please identify this information and indicate how this information influences your analysis
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