MEETINGS

1. How many meetings are required for your business on a yearly basis? Which law governs this requirement?(2 marks)
2. What is the term for when people record notes of a meeting?(2 marks)

Suppose that A wants to raise an issue at the meeting for the menu. Explain the steps that would be taken to formally discuss this issue towards a decision.(5 mCONTRACTS

1. Suppose that you want to paint the business's interior cherry red. You contract with Rolly the Painter. You agree to pay $3,500.00 to Rolly to paint the interior of the home by September 20, 2021. But Rolly is constantly delaying the paint job - making excuses for days. You get sick of it and hire another painter - Booly the Painter.
2. Who has signing authority to enter into agreement with Rolly?(2 marks)
3. What defense can you raise against Rolly for his delay? Explain.(2 marks)
4. What costs can your recover from Rolly for hiring Booly?(2 marks)
5. arks)

SHARES

After two years of success, you decide to go public.

1. What contract would you sign to deal with the buying, selling, or transfer of shares within your business?(2 marks)
2. Suppose that B wants to change the name of your business. What document is required to d this?(2 marks)
3. What law must you follow to make your business go public? What does it mean to "go public"?(5 marks)
4. What document(s) would you need to attract public investors under Alberta law?(5 marks)