Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner. else leave it for other tutor

image text in transcribedimage text in transcribed

please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and IS NOT COPIED FROM ANYWHERE ELSE YOUR ANSWER WILL DOWNVOTED AND REPORTED STRAIGHTAWAY. USE YOUR OWN LANGUAGE WHILST WRITING.

ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.

MAKE SURE THE ANSWER IS WELL EXPLAINED AND DETAILED.

image text in transcribedimage text in transcribed
Analyze Ann's claims against ABC, Inc. and Bob. Does it matter she is a shareholder in ABC, Inc." Why / why not? Discuss fully.ABC, inc is a pizza restaurant owned by Bob. Ann and Clyde. It is incorporated. Bob purchased tomato products and charged the purchases to an account at Ann's Best Hamburgers, Inc. Ann is the sole shareholder for that company. She is also the same Ann who is a shareholder in ABC. Inc. The governor issued an order prohibiting ABC, Inc. from dining room operations. It could only provide delivery or pick-up purchases. Due to the government's regulations, ABC, Inc lost too much money and ceased its business operations. It was later dissolved. Ann's Best Hamburgers continued to provide services and food products to her customers and did not close operations Ann's Best Hamburgers is seeking to recovery money it paid for ABC, Inc.'s tomato product purchases charged to Ann's account. The amount Ann's Best Hamburgers is seeking to recover is $10,000 from ABC, Inc. She argues that Ann's Best Hamburgers, Inc. should not be liable for another company's corporate debt and should recover reimbursement funds it paid because Bob charged it to Ann's Best Hamburger's account. Bob did not have Dan's consent. She contends that Bob should be personally responsible for the $10,000 If ABC, Inc. has no assets due to its business closure and dissolution

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

Step: 3

blur-text-image

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

Criminal Law

Authors: William Wilson

7th Edition

1292286741, 978-1292286747

More Books

Students also viewed these Law questions

Question

1. Walk to the child, look into his or her eyes.

Answered: 1 week ago

Question

Pay him, do not wait until I sign

Answered: 1 week ago

Question

Speak clearly and distinctly with moderate energy

Answered: 1 week ago