Kelsoe worked for International Wood Products, Inc., for a number of years. One day Hernandez, a director

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Kelsoe worked for International Wood Products, Inc., for a number of years.

One day Hernandez, a director and major stockholder of the company, promised Kelsoe that the corporation would give her 5 percent of the company’s stock. This promise was never kept, and Kelsoe sued International for breach of contract. Had the company broken its contract? [Kelsoe v International Wood Products, Inc., 588 So2d 877 (Ala)]

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Anderson's Business Law And The Legal Environment

ISBN: 9780324638189

20th Edition

Authors: David P Twomey, Marianne M Jennings, Ivan Fox

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