Question
The CAS Company, LLC, an LLC that deals in the sale of secondhand computer equipment to educational institutions and nonprofit organizations in the New York
The "CAS Company, LLC," an LLC that deals in the sale of secondhand computer equipment to educational institutions and nonprofit organizations in the New York Metropolitan region, was created by Charl, Ann, and Sally. A member-managed LLC is Case Company, LLC. Each member of the LLC had the authority to reach "any and all agreements" for the purchase and sale of computer hardware to "any and all public school districts and public libraries" in New York, New Jersey, and Connecticut under the terms of the LLC's operating agreement.
A few months later, Sally reached an agreement to sell Alexander Roberts for $11 million all of the LLC's assets, including its office facility and its computers, laptops, disk drives, and software. Roberts took the decision to present Sally with a cheque for $50,000 made payable to Sally as a "token of appreciation for this arrangement." The check was accepted and cashed by Sally.
The other members of the CAS Company, LLC objected to Sally's arrangement with Roberts after learning of it, arguing that Sally lacked the authority to do so. The LLC was sued by Roberts for breach of contract. Later, Sally was sued for her activities by Charl and Ann. Talk about whether
(A) the LLC is required to perform the contract with Roberts. Why or why not?
(B) whether the LLC can collect from Sally and if so, how much in damages can be collected?
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