Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In January 2020, Sofia and Lenny started a data analytics software company. The company is incorporated in Delaware but hires several independent contracts to conduct

image text in transcribedimage text in transcribed
image text in transcribedimage text in transcribed
In January 2020, Sofia and Lenny started a data analytics software company. The company is incorporated in Delaware but hires several independent contracts to conduct sales in California. During the first year, Lenny sold 10 subscriptions of the data analytics software programs for $50,000 each. The business had a net profit of $480,000 and Sofia and Lenny each received $240,000: They did not maintain any corporate bank account and did not keep any money for any potential liability. In January 2020, when Sofia and Lenny started their business, they hired an attorney to incorporate their business under the name "Data Revolution, Inc." in Delaware. The attorney properly prepared all necessary documents and filed with the Secretary of State. Sofia and Lenny did not hold an organization meeting; they did not approve any bylaws; Nor did they appoint any officers. Sofia and Lenny did not obtain any other certifications from any other states for their company. In February 2021, Matt, one of the customers of Data Revolution, Inc., who is a resident of California, failed to make payments on the subscription contracts it entered with the company. Sofia and Lenny decided to sue the customer in California courts. In November 2021, Lenny had an automobile accident, caused solely by his own negligence, on the way to visit a prospective buyer. The accident injured a pedestrian whose name is Zhang. Please respond to the following. Use IRAC for each and all of issues in each of the questions below. 1. Can Data Revolution, Inc. sue Matt (customer in California) in California courts? Please fully discuss this question.tes for their company. In February 2021, Matt, one of the customers of Data Revolution, Inc., who is a resident of California, failed to make payments on the subscription contracts it entered with the company. Sofia and Lenny decided to sue the customer in California courts. In November 2021, Lenny had an automobile accident, caused solely by his own negligence, on the way to visit a prospective buyer. The accident injured a pedestrian whose name is Zhang. Please respond to the following. Use IRAC for each and all of issues in each of the questions below. 1. Can Data Revolution, Inc. sue Matt (customer in California) in California courts? Please fully discuss this question. 2. Was Data Revolution, Inc. properly incorporated and what are the consequences? Please fully discuss this question. 3. Can Zhang (the pedestrian) sue Sofia for the injuries he suffered? Please fully discuss this question. Please respond fully using the IRAC method. Make sure to identify all the issues, refer to all the relevant facts, and discuss all the relevant rules

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Express Employment Law

Authors: David Cabrelli

7th Edition

1292295252, 978-1292295251

More Books

Students also viewed these Law questions

Question

What is collectivism, and how is it different from individualism?

Answered: 1 week ago

Question

Discuss the ways to resolve social justice issues ?

Answered: 1 week ago