. Explain when a fiduciary duty comes to an end in light of Blue Line Hockey Acquisition Co. v. Orca Bay Hockey Limited Partnership, 2008 BCSC 27.
Q: As a governance mechanism the “threat of takeover” refers to: a) The risk that the government might…
A: Threat of takeover is defined as the fear of acquiring firm by others among the management of the…
Q: What is the difference between a shipment contract and a destination contract with reference to when…
A: Destination contract: Merchandise or items are belongings of the vendor till they are added to the…
Q: Intel made large loyalty payments to HP in exchange for HP buying most of their chips from Intel…
A: Loyalty payments refer to money amounts provided to a client or an employee for doing business with…
Q: Hiren
A: The objective of the question is to record the journal entry for Crane, Inc. at the commencement of…
Q: pls help
A: In Ontario, Canada, specific provisions in auto insurance policies are known as the OPCF 27…
Q: What are the advantages/disadvantages of the UCC? Describe how the UCC makes (or does not make) a…
A: Uniform Civil Code (UCC) is characterized in the Article 44 of Directive Principles of State policy…
Q: It is talking about Hong Kong Tax, Special Business, Profit Tax Comuptaion of Financila…
A: The objective of the question is to understand the relationship between Section 14, Section 15(1)(i)…
Q: Question What do you think would be ASICs principal claim against Superman Limited?
A: Note ' The solution is provided in a generalized way. Superman Limited is a fictitious corporation…
Q: 38) A franchise agreement is a contract between an entrepreneur, the and a parent company, the in…
A: Organizations that generate profit by delivering services or goods for money are referred to as…
Q: 1- Ali is the owner of a shop. He places a notice on the window advertising the sale of batteries at…
A: 1) It is an invitation to offer, A unilateral contract is a contract agreement in which an offer…
Q: Excel Co, a meat-packing company sold meat products to Silver Enterprises, the buyer. The buyer…
A: The question is asking who has the title to the goods in a situation where the original buyer…
Q: For the scenario below, determine the legality of the company's actions. Lilcorp manufactures budget…
A: Lilcorp manufactures budget speaker systems for Bigcorp. It arranges an agreement wherein Bigcorp…
Q: In which type of Contract is there a "lack of meeting of the minds?" a) Bilateral b)…
A: Note: According to our instructions, only three questions can be answered at a time. Meeting of the…
Q: Advances in biological technology have enabled two research companies, Bio Labs, Inc. and Scientific…
A: A) To determine the amount of increase or decrease in profitability experienced by World Agra in…
Q: What are covenants not to compete? How do courts decide on the legality of these covenants?
A: In general, a covenant is a binding agreement or promise between two or more parties. The term is…
Q: From whom does a broker obtain its authority to bind coverage on a risk? From the Insurance Act.…
A: To "bind coverage to a risk" means to secure or confirm insurance coverage for a particular…
Q: 11. In a contract that calls for goods to be delivered, the UCC has a presumption in favor of:…
A: The Uniform Commercial Code (UCC), first distributed in 1952, is one of a number of Uniform Acts…
Q: Ford, Harvey, and Suzuki are the directors of Bishop Pty Ltd, a company that imports bicycles from…
A: In the given scenario, Bishop Pty Ltd is facing a situation where the European bicycle supplier, Zoe…
Q: Jack is one of 4 directors of Electric Cars Ltd; the company imports green, environmentally friendly…
A: The directors can be agents, employees, officers, and trustees responsible for controlling,…
Q: .A retired businessman who owned a track of land was approached by a real estate agent, who is…
A: Note: As per bartleby guidelines in case multiple questions are asked by the students then the…
Q: A person insured under a property policy goes bankrupt and sustains à löss (1) of the following…
A: Note: As per bartleby guidelines in case multiple questions are asked by the students then the…
Q: Deregulation involves removing legal restrictions on the free play of markets, the establishment of…
A: Deregulation includes removing government enactment and laws in a specific market. Deregulation…
Q: 2) Explain 2 examples of the subsidiary legislation. |
A: The objective of this question is to provide two examples of subsidiary legislation. Subsidiary…
Q: A) Under what circumstances might a court have committed the cellophane fallacy? B) In the Google…
A: Competition law, also referred to as antitrust law, encompasses a set of legal frameworks that aim…
Q: (1) In "Promissory note" and a “bill of exchange" how many parties involved? a) Two parties to a…
A: A promissory note is a legal document that outlines a borrower's promise to repay a specific amount…
Q: Provide reaction on discussion below if you agree or disgaree:
A: The enforceability of limitations of liability within contractual agreements is a pivotal aspect of…
Q: void, voidable
A: Void Contract-Indian Contract act 1872, which states that contracts or agreement that are not…
Q: Denver Corporation of Colorado provides welding services for large projects, customized furniture.…
A: The authority or legal power of a court, judge, or legal system to hear and make decisions in a…
Q: Can you please explain the following section, it is talking about Hong Kong Tax, Special Business,…
A: The objective of the question is to understand the meaning and implications of section S.15(1)(i) of…
Q: Surely it is well known in Vermont dairy country that dairy farmers can’t simply stop milking cows…
A: The question is asking why EBWS, presumably a dairy company, was not entitled to damages when the…
. Explain when a fiduciary duty comes to an end in light of Blue Line Hockey Acquisition Co. v. Orca Bay Hockey Limited
Step by step
Solved in 2 steps
- Pls help ASAP7 - Intellectual Property includes only intangible products of the human mind. TrueFalse1. Basic Research LLC advertised its products on television networks owned by Rainbow Media Holdings Inc through an ad agency Icebox Advertising Inc. As Basic’s agent Icebox had express authority to buy ads from Rainbow on Basics behalf, but the authority was limited to buying ad with cash in advance. Despite this limit Rainbow sold ads to Basic through Icebox on credit. Basic paid Icebox for the ads, but Icebox did not pass all of the payments on to Rainbow. Icebox filed for bankruptcy. Can Rainbow recoup the unpaid amounts from Basic? Explain.2. Western Fire truck Inc contracted with Emergency One Inc (EO) to be its exclusive dealer in Wyoming and Colorado through Dec. 2003. James Costello, a Western Salesperson, was authorized to order EO vehicles for hi customers. Without informing Western, Costello emailed EO about Westerns diffuclties obtaining cash to fund its operations. He asked about the viability of Westerns contract and his possible employment with EO. On EO’s…
- Economics - business law.In 1961, Ford Motor Company acquired Autolite, a manufacturer of spark plugs, in order to enter the profitable aftermarket for spark plugs sold as replacement parts. Ford and the other major automobile manufacturers had previously purchased original equipment spark plugs (those installed in new cars when they leave the factory) from independent producers such as Autolite and Champion, either at or below the producer’s cost. The independents were willing to sell original equipment plugs so cheaply because aftermarket mechanics often replace original equipment plugs with the same brand of spark plug. GM had already moved into the spark plug market by developing its own division. Ford decided to do so by means of a vertical merger under which it acquired Autolite. Prior to the Autolite acquisition, Ford bought 10 percent of the total spark plug output. The merger left Champion as the only major independent spark plug producer. Champion’s market share thereafter declined because Chrysler…True /false The variation of transport cost by FOB, CFR /CIF brings more or less costs and changes the nature of the terms. Under FOB, insurance is an obligation for importer. DAT is only for sea or inland waterway transportation mode. Institute War/Strike Clause also have independent and complete structure, but can be covered separately only after agreement from the insurer according to ICC. Under FCA, a seller is responsible for loading and unloading cargo at any agreed delivery point. Under FOB, insurance is an obligation for importer.
- The Federal Trade Commission (FTC) files suit against Yange Corp. under § 2 of the Sherman Act. To be successful, the FTC must prove that Yange Corp. possesses monopoly power in the relevant market and that the monopoly power was obtained by illegal means. The FTC has no direct evidence that Yange is using its power to control prices and restrict output. The FTC, therefore, must show that Yange Corp. has monopoly power indirectly, by showing that Yange Corp. has a dominant share of the relevant market and that there are significant barriers for new competitors entering that market. The FTC can calculate the market share that Yange Corp. has by: showing the total sales that Yange Corp. has ever had. × showing the net revenue that Yange Corp. had during their year of highest profits. looking at the company's sales compared against the total sales of the industry within a specific period. taking the total sales of the industry over one year, and comparing against industry sales over prior…James is looking to enter into a listing contract with Mary to sell her house. The two are trying to come to an agreement on what type of listing contract to use. What type of listing contract will offer James the least amount of protection? O An open listing agreement since it is a unilateral contract. O An exclusive Right to Sell agreement since it is a bilateral contract. O An Exclusive Agency agreement since the owner can still find a buyer themselves O An Exclusive Agency agreement since it is a unilateral contract.A unilateral mistake occurs when a. both contracting parties share the same mistake. b. one party enters a contract under a mistaken assumption. c. one party makes a factually incorrect statement. d. one party makes false statementsto induce the other party to contract while knowing the words are false or being uncertain that they are true.
- Read the case of Lambert v. Barron. What are the most important facts that support Lambert’s position that a contract existed? What are the most important facts that support Barron’s position that a contract did not exist? Do you agree with the outcome of the case? https://caselaw.findlaw.com/la-court-of-appeal/1241354.htmlHyde is a broker involved in a conflicting demands settlement procedure that has already begun. The escrow funds are held in an attorney's escrow account. Hyde seeks an EDO from the FREC. How will the FREC likely respond? The FREC will not issue an EDO because the funds are in an attorney's escrow account. The FREC will issue an EDO within ten business days. The FREC will issue an EDO if the other three settlement procedures don't work. The FREC will not issue an EDO because the dispute must be settledDiscuss it in the term of... issues law application conclusions