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MatroZZZ [7]
3 years ago
14

g Jaime owns JD Corporation. Jaime regularly uses the corporate credit cards to pay for household groceries and other personal e

xpenses. This comingling of funds most likely warrants Group of answer choices a fundamental change to the articles of incorporation. a pierce of the corporate veil. an adoption of new corporate bylaws. a recognition of de facto corporate status.
Business
1 answer:
Vika [28.1K]3 years ago
6 0

Answer:

a pierce of the corporate veil

Explanation:

Piercing or raising the corporate curtain is a constitutional judgment to handle a business's rights and obligations as if they were the rights and responsibilities of its owners.

Typically, a company is regarded as a distinct legal entity that is entirely responsible for the obligations and the only recipient of credit it is owing.

The presumption of distinct personhood is generally upheld in common law nations but in extraordinary circumstances, the corporate veil may be "pierced" or "lifted."

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Access Organics, Inc., hired Andy Hernandez to sell organic produce. Later, Hernandez signed an agreement not to compete with Ac
MariettaO [177]

Answer: The Non Compete is NOT Enforceable.

Explanation:

An Agreement not to compete with your previous company is a RESTRICTIVE covenant that was generally introduced to ensure that Upper and Middle Management who were generally privy to Trade Secrets in an Organization do not take that information somewhere else and use it against that old company usually in exchange for better compensation packages.

Hernandez joined Access Organics and regrettably was not given a pay increase or any other special considerations. This is very relevant.

For a Non-compete to hold relevance especially if it is signed AFTER an employee has already being working in an organization, there needs to be SUFFICIENT Considerations that gave the employee better terms such as more job security or better benefits as a result of signing said agreement.

Andy Hernandez received no such benefits in return for signing the agreement and so the Non-compete Agreement lacks said Sufficient Considerations.

The Non-compete is therefore NOT ENFORCEABLE.

It is worthy of note that in the actual case, the Judge ruled in favor of of Andy Hernandez.

If you require further clarification do react or comment.

6 0
3 years ago
Read 2 more answers
Last year, Product H50E involved 9 customer orders, 666 assembly hours, and 77 batches. How much overhead cost would be assigned
Over [174]

Answer:

$5778.31

Explanation:

The correct answer is as follows:

Overhead cost = 9*31.62+666*2.86+77*46.61

= 5778.31

5 0
3 years ago
As part of their business promotional package, the Milwaukee Chamber of Commerce would like an estimate of the mean cost per mon
Alexandra [31]

Answer:

1. X1=884-19.18

X2=884+19.18

2. It is unreasonable to conclude the population mean is $350

Explanation:

Kindly check the attached picture for detailed explanation and answer

3 0
4 years ago
According to a 2005 study of high school students in wisconsin, what is the primary motivator today for high school students' de
Solnce55 [7]
According to 2005 study of high school students in Wisconsin, the primary motivator today for high school students' decision to participate in community or service work is the edge it gives them during college admission. Students see community service as a mean of enhancing their eligibility for college admission, because it is one of the criteria that college admission committee consider during admission process.
6 0
3 years ago
Which type of workplace discrimination occurs when an organization uses an employment practice that results in unfavorable outco
kipiarov [429]

Answer: When an organization uses an employment practice that results in unfavorable outcomes to a protected class it is known as the adverse impact principle.

This act takes place when a organization, wittingly or not, takes an action that will result in a individual's employment opportunity due to some elements beyond the individual's control.

6 0
4 years ago
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