Question

Question 11 Herman bought stock in Pear, Inc., a popular computer company,Afew months later. Herman sells his stock at a loss of $5 per share.A year later, Herman is till angry over losing money and reads about certain shareholders not receiving dividends from Pear, Inc. Herman decides to sue the company on behalf of shareholders Will Herman's lawsuit be allowed? Yes, as long as Herman owned Pear,Inc.stock at some point he can sue O Yes, any person can bring a suit on behalf of shareholders O No, Herman did not have contemporary ownership when he brought the suit ONo, Herman would never have ben able to bring suit o behai of sharehodes Question 12 Harriet is a loving grandmother.She purchases a rare and valuable painting and presents it to her grandson,Harry,on his twenty-fth birthday.Harry,however,takes one look at the painting, says "hmph," and walks away.Angered, Harriet takes the painting with her and leaves. Harry later finds out the painting was valuable what rule of git gving wil hle ave the hardest time proving in a court? trule of gift giving will he have That Harriet intended to give the gift to him That Harriet delivered the gift to him That Harry accepted the gift That the gift was abandoned property Question 13 Bert is a shareholder of Macrosoft,Inc. and believes he has good ideas on what the compa she has good ideas on what the company should do. Th to other shareholders, trying to get those shareholders to sign over their votingrghts allowing Bert or Mary to make the decision. What is the best term to describe this situation? ny should do. Mary is also a shareholder of Macrosoft, Inc.and she also believes e two send out communication Stock Acquisition O Proxy Fight O Inversion O Proxy Contest Francis took a job at JobCo.Inc. She worked at the job for a year, and got a glowing review from Curtisher boss.Inftact, Curtis went so far as to say that "the company could not function without Francis' and that "he would guarantee, on behalf of the company,that she would continue to have her same job with the company for the next two years: Based on thisinformation Francis puts a large downpayment on a house she's been wanting to buyand moves in. Six months later, Francis is part of a major downsizing and lald off from JobCo.Without her job, she can no longer afford the house and the bank forecloses,costing Francis thousands in lost equity If Francis is thinking about bringing an employment law suit against JobCo and Curtis: 1) What would be the baseline rule for employment law she would need to be aware of AND 2) What employment law principal could help her make an argument she should be reimbursed by the company for the value of the home equity she lost? O At-Will Employment &Civil Rights Laws O Promissory Estoppel & Civil Rights Laws Promissory Estoppel & Disdlaimer 0 At-Will Employment&Promissory Estoppe

Answer 1

Ans 11: Herman wont be allowed to sue the company at any terms. first of all he is not the shareholder right now at present, so he has no ownership. BUT, the main point is declaring and giving dividend is under the discretion of company. The company may share the profits with the shareholder's or may not share. It can keep it with itself for future requirements. So, no way the suit will be allowed. So, 4th option would be correct.