Question
Kessler Beesly is the CEO of Computer Corp, a small, closely held corporation.Kessler's wife, Manuela makes holiday decorations with her company Navidad-Navidad, a sole proprietorship.Kessler
Kessler Beesly is the CEO of Computer Corp, a small, closely held corporation.Kessler's wife, Manuela makes holiday decorations with her company Navidad-Navidad, a sole proprietorship.Kessler gets permission from the Board of Directors to hold a company Holiday Party.He is allotted a budget of $4000.He instructs his secretary, Douglas to issue a check to Manuela for decorations and to cover a catering bill.Are there any issues here?Say Tony, a stockholder finds out about Kessler's holiday plans, what should he do?Under what instances would Kessler be able to avoid a problem.
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