Jack Jones is the chairman and chief executive officer of Jones Corporation, a Denver-based importer of childrens
Question:
Jack Jones is the chairman and chief executive officer of Jones Corporation, a Denver-based importer of children’s clothing with $1.2 billion in annual sales. Jones Corporation is 80 percent owned by Jack Jones and his children. You are general counsel; your job description requires you to devote essentially all of your professional time to Jones Corporation business. One day Jack Jones pops into your office with a request. “Hey, I know you used to practice real estate law. My wife and I are buying a vacation home in Aspen. I want you to represent us!” Jones makes it clear that you will be in line for a big annual bonus if you do what he asks, gratis. What do you say?
Step by Step Answer:
The Law Of Governance Risk Management And Compliance
ISBN: 9781454881988
2nd Edition
Authors: Geoffrey Parsons Miller