Mgmt 597 You Decide Week 5 - 980 Words

Week 5 - You Decide Factual Summary Coleman is an employee for Software INC, which requires him to spend the majority of his time traveling to meet customers with the objective to sell security equipment to businesses and bars. While on a sales trip in March of 2008 in Smalltown, Colorado, Coleman decided to steal a ring for his wife as an anniversary gift. Afterwards, Coleman met John, his client, at Jimmy’s Poor-Man’s Bar. While in Jimmy’s Poor-Man’s Bar. While in Jimmy’s, Coleman attempted to do a trick that consisted of lighting pre-grain alcohol on fire. As a result, the bar sustained major damage and a fireball went through the room and killed Jimmy. Software, INC terminated Cole without his account of what happened, which†¦show more content†¦When Coleman stole the ring, it was for his own personal interest which relieves the company of their liability. Wrongful termination is â€Å"the termination of an agency contract in violation of the terms of the agency contract† (Cheeseman 2010 p.468), Software INC states in their employee handbook that all employees are required to be interviewed upon termination. Since Software INC failed to give Coleman his interview, he can sue them for wrongful termination and seek to recover damages. Software INC has a duty of notification of termination of the agency to all third parties. Parties who dealt with the agent and have knowledge of the agency should have been notified of Coleman’s termination and since John wasn’t notified Coleman still has the apparent authority to bind Software INC to a contract between Software INC and John. So not only will Software INC be liable for the restaurants tab, but they will also be liable for John’s injuries caused by Coleman because the injuries occurred during a business meeting (Cheeseman 2010 p.468). Analysis/Conclusion Software INC isn’t liable for the cost of the ring stolen by Coleman, although Coleman was on a business trip at the time that he stole the ring. Software INC had no knowledge of the ring being stolen nor did they permit the action for business purposes. Therefore, Software INC would be protected under the doctrine of frolic and detour and not beShow MoreRelatedGainesboro Machine Tools Corporation9292 Words   |  38 Pagesworked out possible debt financing with Nationsbank and was working with two investment banks on an Initial Public Offering (IPO) that would repay the bank debt if successful and provide the equity base for future acquisitions. It was now time to decide whether to go ahead with the full program of two acquisitions, a large debt financing and an equity issue. Kendle History Candace and Chris met in 1979 while working at The Children’s Hospital of Philadelphia. Candace had received her doctorateRead MoreProject Mgmt296381 Words   |  1186 Pagesplanning (.2.3.4) [App. G-4] Chapter 12 Outsourcing 12.1.1 Procurement requirements [G.8] 12.1.2.3 Contract types 9.4.2.3 Conflict management 12.2.7 The art of negotiating 12.2.3.5 Change requests Chapter 13 Monitoring Progress Chapter 5 Estimating Times and Costs 6.4 Activity duration estimates (.3) 6.4.2 Estimating tools (.1.3.4) 6.3.1 Identifying resources 7.1 Activity cost estimates (.2.3.4.5) 5.1.2.4 Delphi method Chapter 6 10.5.3 Cost/schedule system (.1) 6.6 .2.1 TimeRead MoreDamodaran Book on Investment Valuation, 2nd Edition398423 Words   |  1594 Pagesof a free lunch, and I guess it is. I hope, though, that you can do me a favor as you go through the manuscript. If you find any mistakes - mathematical or grammatical - could you please let me know? It would help me ensure that the typos do not find their way into the final version. Chapter 1: Introduction to Valuation Chapter 2: Approaches to Valuation Chapter 3: Understanding Financial Statements Chapter 4: The Basics of Risk Chapter 5: Option Pricing Theory and Models Chapter 6: Market Efficiency: