Simone is a director of Pace Computers Ltd. She is also the sole shareholder and director of
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Simone is a director of Pace Computers Ltd. She is also the sole shareholder and director of Simtronics Supply Inc, which sells parts for personal computers. At a Pace board meeting, Simone suggests that Pace could get its parts inventory for less money from Simtronics than from its current supplier. Is there anything preventing Pace from entering into a supply contract with Simtronics? Should Simone take any steps to ensure that no legal problems arise?
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Because Simtronics is a corporation controlled by Simone any contract entered into between that corp...View the full answer
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Related Book For 
Managing the Law The Legal Aspects of Doing Business
ISBN: 978-0133847154
5th edition
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
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