Marketing

1.         As the chief operating officer founder of the debtor, I will give way a few objections to the in a higher pip arrangement. First, the bank now runs the compevery. 2.         The slang has all control and officers and directors puff down no power. Decisions might lack to be do that can non that would allow been in the best kindle of the comp each. 3.         Since the type of quislingship was non addressed in this gesture I am button to assume it is a common ass partnership. As a partner in a two-partner financial consulting firm, if my new(prenominal) partner spent money from clients ac itemises I would be trusty for the missing money as well as she. both my partner and I may be held probable jointly and severally for each others wrongdoings. to each one of us is a commonplace partner and each has un special(a) liability for the debts of the partnership. to each one also has the power to incur ob ligations on behalf of the partnership inner(a) the setting of the partnerships business. Therefore, each general partner acts as an means for the other partner and the partnership.         If the company is a corporation and I am the CEO I would not necessarily be responsible for the losses. A corporation is a separate statutory entity apart from the people who work there. If I knew what was going on indeed I would be responsible to act in the best spare-time activity of the corporation. During the decision making process, psycheal disport (financial and professional) must(prenominal) be subjugated to the diverts of the corporation. If I did this consequently I would not be found responsible for the loss. This is because a CEO is shelter from personal liability. If I committed the fraud then I could be held responsible. 4. The accordance between Marti and MediaSoft must prime(prenominal) be licitly compelable. To be binding and utiliseable the t reaty must pile up specific requirements. I! t must be accessory to some other arrangement; designed to protect a legitimate interest of the employer; reasonably limited in scope, geography, and while; and not remote to the interest of the national. Also, it must be support by fit consideration. This means that the person agreeing to the engagement must receive something of lever from the other party. If the court finds that a legally valid covenant has been breached, the court may issue an enjoinment ordering the person to stop the offending activities and/or demonstrate damages in some object lessons. In this case the pact seems to be not enforceable in either case because it does not fork up a legitimate interest stated. It provided has a general interest in restricting competition, which is insufficient. Also, the accord is not limited by geographical area and scope of activities affected, only time. found on a few assumptions that I have made about the ingest that were not specified, MediaSoft should be a ble to enforce the agreement that Marti signed if she works for dismiss Ventures, LCC. In this agreement she agreed not to compete with her originator employer for a two-year period of time after leaving. tabu competition includes relations with business from the former employer, MediaSoft, and using MediaSofts mystical business selective information for the benefit of the new employer. In this contract Marti agreed not to compete with MediaSoft and would be doing so by working for take in Ventures and its customers.

This job would have her performing duties that would cave in her contract. She would be reading proposals for funding internet-based businesses (some which may be competit! ors of MediaSoft) and then go under on only the most promising ones to the committal that in truth makes the funding decisions. This would not necessarily be geological computer error her agreement, however she would also be performing the task to class period on occasional management teams that Net Ventures puts in place of businesses it funds when those businesses begin to flounder. This would break her contract with MediaSoft. This advising and managing of certain floundering online businesses would distinctly not be allowed according to the agreement she signed. on the job(p) on these management teams is clearly working for competitors. Also advising these floundering firms from her live at MediaSoft for the benefit of her new employer during the two-year period is fracture her promise. MediaSoft would have a much tougher job trying to enforce the agreement on past employee Steve. Steve is currently a gritty educate teacher, teaching computer and technology classes. This would not count as working for a competitor of MediaSoft and would not protect any legitimate interests of MediaSoft. Furthermore, it would be contrary to the interest of the public to not have Steve teach. Assuming Steve is not making any pick apart remarks about MediaSoft, its founder, its officers, and/or its employees, he is within his contract. If you necessitate to get a full essay, order it on our website: BestEssayCheap.com

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