Nancy corporation agreed to sell all of its capital stock to Eddie corporation for three monthly payments of $100,000. After Eddie made the first required payment, it ceased making other paymebts. The stock subscription agreement states that Eddiis, thus, forfeits its payments and is entitled to no future consideration.

in a minimum of 5 to 7 sentences, summarize the baxkground of your case and indicate any assumptions you are making regarding the case. define your problem statement and research question(s)