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We can work on Privately-held corporation.
PROBLEM Jamal owns shares in his brotherâs corporation, Evyl Storage Inc (Evyl). Evyl is a small, privately-held corporation. There are only 12 shareholders. Evyl provides self-storage units for peopleâs stuff. Recently, Evylâs Board of Directors has developed a new business plan for Evyl. The Board proposes to sell almost all of the properties it uses for offering self-storage units and then to use the money to develop a new business in truck rentals. At the most recent shareholdersâ meeting, Evylâs Board of Directors presented its plan to the shareholders for approval. Jamal thinks that this is a terrible idea and he voted against the plan. Unfortunately, ten of the twelve shareholders approved this plan to change the business of Evyl. Jamal does not want to be in the truck rental business. He thinks that this decision is a bad one for Evyl, and he would like to get rid of his shares before they plummet in value. But it is not easy to sell the shares of a privately held corporation.
Does Jamal have any remedy in this situation? Explain your answer, taking care to explain the law and then apply the law to the facts. Remember to âconnect the dotsâ. In particular, first, identify the remedy that Jamal may have and clearly state the law related to this remedy (what is the remedy/what does it âgiveâ and what are the conditions/requirements for being eligible for the remedy).
Second, apply the law to these facts. Show whether Jamal would be eligible and why or why not. What will Jamal âgetâ if he is eligible?
Third, draw a conclusion: a simple statement that summarizes your analysis.
Sample Solution
2. A move from large all-encompassing teaching systems towards Playlist Learning, whereby students and teachers will build their own set of personalised tools from curated libraries of apps 3. Technology ceasing to be centre stage in teaching and learning and becoming part of a blended learning approach combining experiential, social interaction and technology. 4. Student devices in the classroom will continue to be a contentious issue. However, there is a need for simple and robust devices that can be used and when the lesson demands. Outside the classroom personal devices will have an increasingly important role to play in playlist and self-aware learning. 5. Assessment will move away from examinations, tests and certificates towards portfolios and peer validated competence playlists (the model thatâs used by LinkedIn). Disruptors There are a number of disruptors that will strongly influence education and education technology over the next few years. Neuroscience Modern neuroscience is still very young but is having a significant impact on educational thinking, mainly because of the wow factor. While it is giving us new insights into the learning process, we have to be careful simply because many of its findings are still conjectural. It is also a two-edged sword as people with anti-technology agendas are using it to promote their arguments. Over the coming three to five years we will see new discoveries, the refining and/or rejection of theories, and the need to make sure that education technology engages with the field in a mutually beneficial way. The key findings that are significant from a technology point of view are as follows: 1. The optimum experiences through which the brain learns are more in tune with>
2. A move from large all-encompassing teaching systems towards Playlist Learning, whereby students and teachers will build their own set of personalised tools from curated libraries of apps 3. Technology ceasing to be centre stage in teaching and learning and becoming part of a blended learning approach combining experiential, social interaction and technology. 4. Student devices in the classroom will continue to be a contentious issue. However, there is a need for simple and robust devices that can be used and when the lesson demands. Outside the classroom personal devices will have an increasingly important role to play in playlist and self-aware learning. 5. Assessment will move away from examinations, tests and certificates towards portfolios and peer validated competence playlists (the model thatâs used by LinkedIn). Disruptors There are a number of disruptors that will strongly influence education and education technology over the next few years. Neuroscience Modern neuroscience is still very young but is having a significant impact on educational thinking, mainly because of the wow factor. While it is giving us new insights into the learning process, we have to be careful simply because many of its findings are still conjectural. It is also a two-edged sword as people with anti-technology agendas are using it to promote their arguments. Over the coming three to five years we will see new discoveries, the refining and/or rejection of theories, and the need to make sure that education technology engages with the field in a mutually beneficial way. The key findings that are significant from a technology point of view are as follows: 1. The optimum experiences through which the brain learns are more in tune with>
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