subject
Business, 22.03.2021 17:50 strevino9178

Fenceway Corporation has a contract with ADm Corporation obligating Fenceway to buy all its paper supplies from ADm. The contract price is now 30 percent above the market price. Fenceway forms a subsidiary corporation, Picket Company. Picket issues all its shares to Fenceway in exchange for all the assets of Fenceway. Picket carries on the former business of Fenceway. Picket refuses to buy paper from ADm, claiming it is not a party to that contract. ADm sues Picket for breach of contract. Is Picket liable to ADm

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 00:40
The silverside company is considering investing in two alternative projects: project 1 project 2 investment $500,000 $240,000 useful life (years) 8 7 estimated annual net cash inflows for useful life $120,000 $40,000 residual value $32,000 $10,000 depreciation method straightminusline straightminusline required rate of return 11% 8% what is the accounting rate of return for project 2? (round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, x.xx%.)
Answers: 3
question
Business, 22.06.2019 09:30
When you hire an independent contractor you don't have to pay the contractors what
Answers: 3
question
Business, 22.06.2019 16:30
:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?
Answers: 3
question
Business, 22.06.2019 21:30
Which is the most compelling reason why mobile advertising is related to big data?
Answers: 1
You know the right answer?
Fenceway Corporation has a contract with ADm Corporation obligating Fenceway to buy all its paper su...
Questions
question
Mathematics, 02.09.2020 01:01
question
Mathematics, 02.09.2020 01:01
Questions on the website: 13722362