Required Using case law and the headings of Issue, Rule, Application/Analysis and Conclusion (The IRAC Method) advise Hudson.
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A: In Violation of the operating Agreement
OTC Ltd has ten members, which included Hudson, a chartered accountant, not employed to the Company.
The Articles of the Company contained a provision that Hudson would be employed by the Company, to do the Company’s account by January 20, 2022 for a stated fee.
Several months after the date stated, Hudson did not hear from the Company and after several enquiries, he was told that the Company hired another accountant.
Hudson has decided to take action against the Company.
Required
Using case law and the headings of Issue, Rule, Application/Analysis and Conclusion (The IRAC Method) advise Hudson.
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- How can a lender create constructive notice that they are beginning the process of a judicial foreclosure? issue a promissory note request an estoppel letter file a lis pendens notice enforce an alienation clauseA director using confidential information to trade in a company's shares is MOST likely to be in breach of the director's duty:A. to act in the company's best interests.B. to act with care, skill and diligence.C. to exercise powers for a proper purpose.D. to avoid a conflict of interests.A co-worker of Illinois licensee Mona shared a client’s confidential information with her and asked Mona not to tell anyone. Instead of keeping it to herself, Mona gave the information to another licensee. Which statutory duty has been breached? Adhere to the brokerage agreement’s terms Employ reasonable skill and care in performing brokerage services for the client Keep all confidential information provided by the client confidential Serve the client’s best interests
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