a. What did Mr. Retzer owe Mrs. Retzer for alimony? b. What is Mr. Retzer's duty to

Question:

a. What did Mr. Retzer owe Mrs. Retzer for alimony?
b. What is Mr. Retzer's duty to Mrs. Retzer as a shareholder of the company?
c. Is the result in this case fair?
Mr. Retzer worked long hours to acquire five McDonald's franchises. He owned 1,610 shares of stock in the close that owned the franchises; his wife had 1,600 shares. Mrs. Retzer was unfaithful and a profligate spender. The couple divorced.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...