Torts a. Who makes the claim i. Injured parties (customers, workers) ii. Victims of accidents b. Claims i. Respondeat superior ii. Apparent agency
Contracts a. Who makes the claim i. Wronged customers ii. Suppliers b. Claims i. Express authority ii. Implied authority iii. Apparent authority iv. Ratification v. Estoppel
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2
Q
Partnership
A
Who makes the claim a. Landlord b. Agencies c. Injured customers
Claims a. RUPA defaults bind partnership b. Partner/partnership ratification c. Partnership by estoppel
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3
Q
PCV
A
Who makes the claim a. Creditors b. Injured customers
Why make the claim? a. Hold shareholder or owners of a corp personally liable for the debts of the corp
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4
Q
Securities Law
A
Who makes the claim a. Purchasers of stock/investors b. ’33 Act violation c. Rule 506 d. Section 4(2) e. Definition of security
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5
Q
Liability of a Board Director
A
Who makes the claim a. Investor/shareholder
Breaches of fiduciary duties a. Oversight duties b. Improper corporate purpose as a director c. Self-dealing/conflict of interest d. Corporate opportunity e. Corporate purpose
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6
Q
Liability of a shareholder
A
Who makes the claim a. Creditors b. Smaller shareholders
Claims a. Controller shareholder b. Close corporation c. PCV
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7
Q
Revlon/Unocal
A
help
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8
Q
Shareholder Lit
A
a. Agreements b. Proposals c. Lawsuits d. Inspection rights