For your Initial Post due by Sunday at 11:59 PM: 1. Hit the reply button, below. 2. Please see the Fact Pattern below. Please answer the questions at the end of the Fact Pattern. 3. As always, 1 paragraph for each answer, five sentences per paragraph. Remember, provide the definition of the principle, explain how the definition applies to the fact pattern, and draw a conclusion of whether or not the legal principle is met. I will expect to see at least 3 paragraphs in your answem and 15 sentences. FACT PATTERN Alfred, Beth, and Charles orally agreed to start ABC Computers ("ABC"), a business to manufacture and sell computers. Alfred contributed $100,000 to ABC, stating t Beth and Charles that he wanted to limit his liability to that amount. Beth, who had technical expertise, contributed $50,000 to ABC. Charles contributed no money to ABC but agreed to act as salesperson Alfred, Beth, and Charles agreed that Beth would be responsible for designing the computers, and that Charles alone would handle all computer sales ABC opened and quickly became successful, primarily due to Charles' effective sales techniques. Subsequently, without the knowledge or consent of Alfred or Charles, Beth entered into a written sales contract in ABC's name with Deco, Inc. ("Deco") to sell computers manufactured by ABC at a price that was extremely favorable to Deco. Beth's sister owned Deco. When Alfred and Charles became aware of the contract. they contacted Deco and informed it that Beth had no authority to enter into sales contracts, and that ABC could not protitably sell computers at the price agreed to by Beth ABC refused to deliver the computers, and Deco sued ABC for breach of contract Thereafter, Alfred became concerned about how Beth and Charles were managing ABC. He contacted Zeta, Inc (Zeta"), ABC's components supplier He told Zeta's president, "Don't allow Charles to order components; he's not our technical person. That's Beth's job Charles later placed an order for several expensive components with Zeta. ABC refused to pay for the components, and Zeta sued ABC for breach of contract Not long afterwards, ABC went out of business, owing its creditors over $500.000 1. How should ABC's debt be allocated? Discos 21s Decò likely to succeed in its lawsuit against ABC Discus 3.1s Zeta likely to succeed in its lawsuit against ABC Docu

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For
your Initial Post due by Sunday at 11:59 PM:
1. Hit the reply button, below.
2. Please see the Fact Pattern below. Please answer the questions at the end of the Fact Pattern.
3. As always, 1 paragraph for each answer, five sentences per paragraph. Remember, provide the definition of the principle, explain how the definition
applies to the fact pattern, and draw a conclusion of whether or not the legal principle is met. I will expect to see at least 3 paragraphs in your answer
and 15 sentences.
FACT PATTERN
Alfred, Beth, and Charles orally agreed to start ABC Computers ("ABC"), a business to manufacture and sell computers. Alfred contributed $100,000 to ABC, stating to
Beth and Charles that he wanted to limit his liability to that amount. Beth, who had technical expertise, contributed $50,000 to ABC. Charles contributed no money to
ABC but agreed to act as salesperson. Alfred, Beth, and Charles agreed that Beth would be responsible for designing the computers, and that Charles alone would
handle all computer sales.
ABC opened and quickly became successful, primarily due to Charles effective sales techniques
Subsequently, without the knowledge or consent of Alfred or Charles, Beth entered into a written sales contract in ABC's name with Deco, Inc. ("Deco") to sell
computers manufactured by ABC at a price that was extremely favorable to Deco. Beth's sister owned Deco. When Alfred and Charles became aware of the contract.
they contacted Deco and informed it that Beth had no authority to enter into sales contracts, and that ABC could not profitably sell computers at the price agreed to by
Beth ABC refused to deliver the computers, and Deco sued ABC for breach of contract.
Thereafter, Alfred became concerned about how Beth and Charles were managing ABC. He contacted Zeta, Inc (Zeta"), ABC's components supplier He told Zeta's
president, "Don't allow Charles to order components; he's not our technical person. That's Beth's job
Charles later placed an order for several expensive components with Zeta ABC refused to pay for the consponents, and Zeta sued ABC for breach of contract
Not long afterwards. ABC went out of business, owing its creditors over $500.000
1. How should ABC's debt be allocated? Discuss
2 ts Deco likely to succeed in its lawsuit against ABC Discuss
3. 1s Zeta likely to succeed in its lawsuit against ABC? Discuss
Transcribed Image Text:For your Initial Post due by Sunday at 11:59 PM: 1. Hit the reply button, below. 2. Please see the Fact Pattern below. Please answer the questions at the end of the Fact Pattern. 3. As always, 1 paragraph for each answer, five sentences per paragraph. Remember, provide the definition of the principle, explain how the definition applies to the fact pattern, and draw a conclusion of whether or not the legal principle is met. I will expect to see at least 3 paragraphs in your answer and 15 sentences. FACT PATTERN Alfred, Beth, and Charles orally agreed to start ABC Computers ("ABC"), a business to manufacture and sell computers. Alfred contributed $100,000 to ABC, stating to Beth and Charles that he wanted to limit his liability to that amount. Beth, who had technical expertise, contributed $50,000 to ABC. Charles contributed no money to ABC but agreed to act as salesperson. Alfred, Beth, and Charles agreed that Beth would be responsible for designing the computers, and that Charles alone would handle all computer sales. ABC opened and quickly became successful, primarily due to Charles effective sales techniques Subsequently, without the knowledge or consent of Alfred or Charles, Beth entered into a written sales contract in ABC's name with Deco, Inc. ("Deco") to sell computers manufactured by ABC at a price that was extremely favorable to Deco. Beth's sister owned Deco. When Alfred and Charles became aware of the contract. they contacted Deco and informed it that Beth had no authority to enter into sales contracts, and that ABC could not profitably sell computers at the price agreed to by Beth ABC refused to deliver the computers, and Deco sued ABC for breach of contract. Thereafter, Alfred became concerned about how Beth and Charles were managing ABC. He contacted Zeta, Inc (Zeta"), ABC's components supplier He told Zeta's president, "Don't allow Charles to order components; he's not our technical person. That's Beth's job Charles later placed an order for several expensive components with Zeta ABC refused to pay for the consponents, and Zeta sued ABC for breach of contract Not long afterwards. ABC went out of business, owing its creditors over $500.000 1. How should ABC's debt be allocated? Discuss 2 ts Deco likely to succeed in its lawsuit against ABC Discuss 3. 1s Zeta likely to succeed in its lawsuit against ABC? Discuss
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