Instructions:This is the discussion board forum for this learning module.You must (1) submit an initial post, and (2) reply to at least TWO classmate posts.Your INITIAL POSTdeadline isThursday, 11:59PM. Initial Posts submittedbetweenthatdeadline and the deadline for the Peer Repliesare subject to a25% reductionofpoints earned.Your PEER REPLIES(TWOor more) are due Saturday, 11:59PM.You must submit your initial post before youcan review your classmate posts.For your initial post, makesure to read the scenario and discussionboard questions (Topic QuestionsANDReflection Questions) before you submit it.Your initial postshould be in paragraph form, use correct spelling, punctuation and grammar, and be at least500 words.Do not copy and paste the discussion questions in your initial post.

Posts shouldincorporate information from the learning materials. Make sure to properly cite all sources.Avoid longquotations; speak in your own words.To further illustrate your point(s), use examples, e.g. a case, a hypothetical situation, or--better yet, if you are comfortable disclosing information--an experience ofyou or someone you know (family, friends, co-workers, etc.).

MCC and course policies are incorporated into this assignment.Contact the instructor if you have questions.Click on the link "Click to Launch" to go to the discussion board assignment.You will need to"Create a Thread" to post.In the subject line, include your name followed by the module number.For example:Katrina Davis, Module 1

Assessment:This is a graded assignment worth 55 points, of which the Initial Post is worth 35 points, and the Peer Replies are worth 20 points. A grading rubric maybe used.

Discussion Scenario:Joe Greatan was a real estate salesman. Greatan sold to Darman, Doden&DroffatsAssociates (Triple D), a general partnership, an apartment building that needed extensive renovation. Greatan represented that he personally had experience in renovation work. During the course of negotiations on a renovation contract, Greatan informed the managing partner of Triple D that he would be forming a corporation named "Building Development and Design"to do the work. A contract was executed in August between Triple D and "Building Development and Design (In Formation), Joe Greatan, President." The contract required the renovation work to be completed by October 15. Greatan immediately subcontracted the work, but the renovation was not completed on time. Triple D also found that the work that was completed was of poor quality. Greatan did not file the articles of incorporation for his new corporation until November 1. The partners of Triple D sued Greatan to hold him liable for the renovation contacts. Greatan denied personal liability.

Discussion Questions:After reviewing the learning materials in this Module, prepare an Initial Post that incorporates these materials to answer the following questions.Also, your grade in this learning activity relies on your engagement in the discussion through your Peer Replies (TWO or more).

Topic Questions:

1. Was it ethical forGreatanto deny liability?Why or why not?
2. IsGreatanpersonally liable?Why or why not?
3. In general, how should the president of a corporation sign a contract to make the contract legally binding on the corporation?

Reflection Questions:

1. What specific knowledge and information did you gain from the learning materials andactivities that you can apply to your experiences now?In the future?
2. What are the social and ethical issues involved with the subject matter of this assignment?
3. Which topics were confusing, complicated or contradictory? Why? Did you ask the class or instructor for assistance?