Director Who Wore Too Many Hats essay Case study

Director Who Wore Too Many Hats essay Case study

Order ID	53563633773
Type	Essay
Writer Level	Masters
Style	APA
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Perfect Number of Pages to Order	5-10 Pages

Description/Paper Instructions

Director Who Wore Too Many Hats essay Case study

I'm working on a business law discussion question and need an explanation and answer to help me

Director Who Wore Too Many Hats essay Case study
learn.

Director Who Wore Too Many Hats essay Case study
The Case of the Director Who Wore Too Many Hats

Director Who Wore Too Many Hats essay Case study
Tatiana is one of 5 directors of Beta Investments Corporation. She is also a majority shareholder holding

Director Who Wore Too Many Hats essay Case study
both common and preferred stock. Her stock with voting rights amounts to 47% of all stock issued with

Director Who Wore Too Many Hats essay Case study
voting rights.

Director Who Wore Too Many Hats essay Case study
Tatiana buys, for $1,500, an option to purchase a tract of real estate called Black acre, which is next to

Director Who Wore Too Many Hats essay Case study
Beta’s home office, for $50,000. Tatiana forms a new corporation, Commercial Property, Inc., to hold the

Director Who Wore Too Many Hats essay Case study
option. She then has Commercial Property buy Black acre. As a director of Beta, Tatiana orders Beta to

Director Who Wore Too Many Hats essay Case studyauthorize its real estate agent to negotiate the purchase of the land from Commercial Property for

Director Who Wore Too Many Hats essay Case study

$100,000. After a successful negotiation for the purchase of Black acre for $100,000, Tatiana has

Director Who Wore Too Many Hats essay Case study
Commercial Property sell it to Beta, and loan the money to Beta for the purchase price at a 5% interest

 

Director Who Wore Too Many Hats essay Case study

rate which is 2% below the market rate. Lakesha, a minority shareholder in Beta, formally complains to
Beta’s board which takes no action.
The Trial
Lakesha files a suit against Tatiana on Beta’s behalf seeking to cancel the sale. Tatiana asks the Court to
dismiss the lawsuit as Lakesha has no standing to bring the lawsuit.
Arguments At Trial
Maria’s attorney argues that Black acre is necessary for Beta as it will allow them to expand their offices

Director Who Wore Too Many Hats essay Case study
and production plant thus increasing the net worth and potential profits to the shareholders. Further,

Director Who Wore Too Many Hats essay Case study
the Board of DirecDirector Who Wore Too Many Hats essay Case studytors of Beta authorized the purchase which appeared to be in accordance with the

Articles of Incorporation.

Lakesha’s attorney argues that the purchase of Black acre should have been put to a vote of the

shareholders of Beta as required by Beta’s Bylaws. Beta’s Board of Directors failed in its duty to make

sure this sale was in the corporation’s best interest.

Questions to Decide

What kind of suit will Lakesha file and what is its basis?

Who are the Plaintiffs and who are the Defendants? Why?

What are the defenses, if any, of Beta or Maria?

Who will win the case and why?

 

Director Who Wore Too Many Hats essay Case study

RUBRIC QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points:  Student failed to submit the final paper. 20 points out of 50:  The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50:  The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately.  Elements of the required response may also be lacking. 40 points out of 50:  The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples.  The answer is complete. 50 points:  The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples.  No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points:  Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points:  Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points:  References to scholarly sources are occasionally given; many statements seem unsubstantiated.  Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points:  Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented.  APA 6th Edition is used with only a few minor errors.  There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points:  Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented.  APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points:  Student failed to submit the final paper. 5 points out of 20:  The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors  10 points out 20:  The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20:  The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points:  The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points:  Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements.  The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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