<u>Explanation:</u>
Structure and Formation of Corporation and Partnership:
- Corporation is a independent legal entity whereas partnership in which two or more partners share ownership.
- The formation of partnership entity requires fulfillment of lesser formalities than corporation.
Powers:
- A partnership entity can do anything which the partners agree to do and there is no limit to the activities.
- The powers of the shareholders are limited unlike the partnership entity.
Management:
- Every member of a partnership entity may take part in the management.
- Shareholders are not involved but managers run the company.
The people pane displays social media data presented for some people who were limited within the header of the message in the reading pane, as well as attachments, appointments and notes related to those people. A people pane is a pane in outlook that shows a certain contact laterally with related data including photos, status communication or feed, calendar items, etc. on or after outlook and other networks.
Answer:
Who is the franchisor? McDonald's
Who is the franchisee? C.B. Management Inc.
In a franchise relationship, the <u>franchisee</u> is economically dependent on the <u>franchisor's</u> business system.
The franchise relationship is defined by the <u>contract</u>.
Did C.B. Management, Inc.’s failure to make a payment due more than thirty days earlier constitute a breach of the franchise contract? YES
Why? A) the contract provided McDonald's could terminate the contract when a payment was more than 30 days late.
Did the contract provide that the acceptance of a late payment waived McDonald's right to terminate for late payments? NO
What does an implied covenant of good faith and fair dealing require? That the parties act <u>reasonably</u>.
Did McDonald's act of accepting late payments in the past transform McDonald's right to terminate into a discretionary decision governed by the standard of good faith and fair dealing in the future? NO
Why? Which one of these reasons is not correct? B) the actions of the parties control this issue.
A court would likely find for <u>McDonald’s</u>
Answer:
Is out of the money
Explanation:
A strike price is a particular price which if activated, derivative contracts can be sold or bought. Derivatives are considered as products in finance where underlying assets are major determinants of their value.
The stock price is considered as the current price that a share of stocks is sold and bought on the market.
Because the strike price is $65 and the stock price (market price) is $60, Disney is out of money and cannot be exercised profitably.
