Week 1 project bus3055 | Operations Management homework help Assignment

Week 1 project bus3055 | Operations Management homework help

 Week 1 ProjectAssignment Task: Submit to complete this assignment Overdue – 14 hours ago

Legal and Ethical Scenarios

Select two of the three scenarios. Support your responses with appropriate cases, laws and other relevant examples by using at least one scholarly source from the SUO Library in addition to your textbook for each scenario. Do not copy the scenario text into the paper. Label the beginning of each scenario with the number you selected (e.g., Scenario 1). Cite your sources in APA format on a separate page. Submit your document to the Submissions Area by the due date assigned.

Scenario 1:Securities

In 2012, after working at First National Bank for six years, Billy Bryant helped establish Breakstone Capital Corporation (BCC), a venture capital firm that invested in the communications and technology sectors. BCC went public in 2014, and Bryant served as its CEO and chairman of the board. Various documents filed with the SEC stated that Bryant earned a BBA degree in accounting from Northwest University. In fact, Bryant attended Northwest for four years, but he did not graduate. After being pressured by a journalist, Bryant disclosed the misrepresentation to the BCC board. The same day, the company issued a press release correcting the statement.

The press responded negatively to “another CEO that lied about his resume” and speculated about “what else might not be right.” On the day the press release was issued, BCC’s stock price dropped from $32.45 per share to $16.22, but it fully recovered within a month.

Shareholders sued, alleging that the misrepresentation violated section 11 of the Securities Act of 1933, section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 under the 1934 Act.

  • Was Bryant’s lie about having a college degree material?
  • Would your answer be the same if a CEO lied about having helped to take a company through an initial public offering and subsequent acquisition by another company?  
  • Would a reasonable member of the BCC board be comfortable keeping Bryant as CEO once they learned that he lied about having a college degree?

Scenario 2: Securities

Pampered Pooches, Inc. proposes a merger with Sit Means Sit, Inc. (SMS). SMS will obtain the approval of its shareholders; and then, by operation of law, SMS shares will become shares of the surviving corporation, Pampered Pooches, Inc.

Assume that prior to the merger Paulie Smith owned 25% of SMS stock that he purchased three years before in a private placement. Smith will only own 2% of the Pampered Pooches shares and will not be an officer or director of the merged company.

  • Is it necessary to register the Pampered Pooches shares?
  • May Smith freely resell his Pampered Pooches shares?
  • Would it matter whether the shares were registered in connection with the merger?

Scenario 3: Shareholder Rights

Katy Kirkland, a former employee of the Sand Dune Resorts, Inc., owned 500 shares of stock (10%) in the company. Kirkland was terminated after five years of employment at Sand Dunes; however, she became part owner of Holiday Isles, Inc., a competitor of Sand Dunes. When Sand Dunes made Kirkland an offer to purchase her stocks, she requested access to Sand Dunes’ corporate books to determine the value of her 500 shares of stock. Sand Dunes refused on the basis that Kirkland was a competitor.

  • Does Kirkland have a right to view the books? Why or why not?
  • Propose a solution to the situation.

DO YOU NEED HELP WITH THIS ASSIGNMENT?

Whether you need help writing your paper, or doing a PowerPoint presentation, final exam, discussion question, or lab, Here at Homework nerds we can help. Just click on the below order now button, and let us take care of all your academic needs.

CUVIE AIR disposable
CUVIE AIR disposable

The Strawberry Watermelon Cuvie Air offers a unique mix of strawberries and the juicy California watermelon flavor. Giving you the sweetest and most delicious fruit flavor you can imagine. Whereas, The Strawberry mango Cuvie AIR by HQD offers vapors around the globe. A  tropical flair and rejuvenating taste by mixing and combining fresh mango taste with icy strawberries. If you were looking for an ultimate refreshment then SKY MINT AIR CUVIE is a must to try. but if you were looking for a tropical coconut flavor then the Strawberry Coconut Cuvie Air is your best choice. This flavor mix two fruit-filled tastes for which we know and love. Finally, if you love the taste of Kiwi and Lemonade this CUVIE AIR has a nice flavor for you to try. But if you like chocolates, then you must try the Frozen Choco HQD CUVIE AIR. The device comes with amazing flavors such as BLACK ICE -CUVIE AIR. This flavor combines blackberries and cold menthol to give you refresh you in every way. Is an innovative blend of flavors that will make your palate feel wild with excitement. On the other hand, Grapey Cuvie Air has mixed an amazing fresh grape flavor with sugar. Which will give you unlimited pleasure. The Blueberry Lemonade Cuvie Air takes everyone’s favorite summertime beverage and upgrades it with fresh Lemon and crispy blueberries.