Concept explainers
Case summary: Company VVE constructed PLGC and estates in country T in two phases, 1 and 2. Another company VVP had cut the roadways and constructed water, sewer, and stormwater lines with the help of water inlets for development purposes. Person F, the president and owner of VVP and a sole general partner of company VVP, failed to get the proper permits for the development work in a timely manner. Person F also failed to comply with the requirement of the permits, once the permit was obtained. Person MD who was the attorney general of the state filed a case against company VVE and person F for presumably violating the law of water pollution control in the state. The court entered the judgment in favor of F.
To find: The apportionment of penalties amongst the three defendants.
Want to see the full answer?
Check out a sample textbook solutionChapter 17 Solutions
The Legal Environment of Business: Text and Cases (MindTap Course List)
- Case 1 Martin Incorporation was a company carrying on business in cosmetics and perfumes. It was not following the marketing concept and was catering to a target market which was using its products. In other words, it only concentrated on what it would make, and did not bother about changes in preferences of its target market. It was later joined by Mr. Ash, a marketing graduate who advised the company regarding the changing consumer preferences, and the changes that were necessary to be incorporated in the product. He emphasized upon the income factors and social factors only. He modernized the products to a great extent, and invested about 30 lakhs on new packing, etc. Even after six months of these changes brought about by him, the company did not seem to have a proportionate increase in sales. The assistant manager and the product manager were not very happy with the changes, and thought that although an effort has been made in the right direction, some important factors concerning…arrow_forwardIf a sales associate believes that a commission has been unjustly withheld, he may take legal action against A.his employer, only. в.his client, only. C.both his employer and client. D.the Florida Real Estate Commissionarrow_forward1. Life Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In performing this task for a sale of land from Eren to Armin, the furnished information is mistaken. The contract between Eren and Armin that includes the mistake may be rescinded if the mistake concerns a. a detail on which the parties had a true “meeting of the minds.” b. a fact that is important and central to the contract. c. a third party, such as County Title. d. a term in the contract subject to only one reasonable interpretation.arrow_forward
- BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage LearningEssentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage LearningAccounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
- International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education