Allied Van Lines has structured its company by giving its franchisees stock ownership in the company. On the stock is the following language: NOTE: Restrictions apply to ownership of this stock. Only franchisees and employees of Allied Van Lines can own
this stock. In the event of a franchise or employment termination, the stock must first be offered to the Allied Board for purchase. Is the restriction valid?
Yes, the restriction is probably valid: (1 ) it is noted on the stock; (2 ) it is for the purpose of keeping ownership in the company; (3 ) it is reasonable - shares are offered to the board.
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a. The Surveyor b. The Implementer c. The Specialist d. The Plant
Which sentence uses correct capitalization?
A) Many college students love American Eagle Jeans and Sperry Shoes for their comfort and fit. B) Many college students love American Eagle jeans and Sperry shoes for their comfort and fit. C) Many College students love American Eagle jeans and Sperry shoes for their comfort and fit.
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A. shop-at-home retailing B. opportunistic buying C. a retailing cooperative D. convenience retailing E. direct selling
Ghani is Huey's agent. Ethically, Ghani cannot
A. disclose Ghani's interest in property that Huey is buying. B. exhibit loyalty to Huey. C. profit from the agency relationship, even with Huey's consent. D. represent Ilya in a transaction with Huey.