Category: Corporations

March 8, 2021 / admin / Audio Cases

Dodge v. Ford Motor Co., 204 Mich. 459 (Mich. 1919)

The purpose of a corporation is to make a profit for the shareholders, but a…

January 14, 2021 / admin / Audio Cases

An agent has the apparent authority to act in a manner that is reasonable for…

January 14, 2021 / admin / Audio Cases

The three elements required to show the existence of an agency relationship include: (1) a…

December 29, 2020 / admin / Audio Cases

Implied authority is actual authority that indicates that the principal intended to delegate powers to…

December 1, 2020 / admin / Audio Cases

Determining whether a master-servant relationship exists, rather than an independent contractor relationship, is a question…

December 1, 2020 / admin / Audio Cases

A majority shareholder, particularly when they also are the president and chairman of the board,…

November 19, 2020 / admin / Audio Cases

The veil of limited corporate liability will be pierced when the plaintiff proves that 1)…

November 19, 2020 / admin / Audio Cases

Absent bad faith such as corporate looting of assets or a conversion of a corporate…

November 17, 2020 / admin / Audio Cases

An individual can be held liable for the acts of a corporation through the doctrine…

November 7, 2020 / admin / Audio Cases

An agreement between a corporation and its officer to advance an officer money to cover…