Write my Paper Business Law & Ethics

 

DISCUSSION 1
Arnold is the CEO of Beta Corp. Arnold’s responsibilities include making decisions on product development, marketing and other significant business directions. Arnold’s position is subject to the
approval and oversight by Beta’s Board of Directors.
Carol is a Beta manager whose responsibilities include directing Beta’s day to day hiring, firing, purchasing and selling.
Dave is a Beta salesperson whose daily activities are controlled by Carol, his supervisor.
Fred works from home to edit Beta’s technical manuals on a contract- per-manual basis (he is paid for each manual he edits), and is not otherwise subject to Beta’s control.
Identify each of the persons below as a principal, an agent, an agent-employee or an independent contractor – and explain your conclusion. For example, is Arnold a principal, agent- employee, or
independent contractor and why? If you believe a person can hold more than one status, discuss/explain.

 

Discussion 2
Racer contracted in writing to drive Owner’s one-of-a-kind, specially designed championship race car in the Miami 500 Race on July 15 for a fee of $2500to be paid by Owner. On July 1, the race car
was destroyed in an accidental fire in a storage warehouse where the race car was being stored prior to the race. Owner owns no other race cars, so Owner considered the contract discharged. Racer
claimed that she is still entitled to the $2500 fee because she and Owner had a valid enforceable contract.
Was there an enforceable contract between the Parties prior to July 1. Compare and contrast the rights and obligations of Racer and Owner under the contract as of July 1.

 

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