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Case Breif 17.1 17.4 16.1

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Computer Science

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New England College of Business and Finance

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Surname 1

Student’s Name

Professor’s Name

Course

Date

Case Briefs 16.2, 17.1, 17.4

Case Brief 16.2

1.Explain how Mr. Grappolini breached his fiduciary duty.

Mr. Grappolini took business for himself, yet he assured other parties that he was in

charge of their sales for the olive oil. This was an opposition to the demands of a fiduciary that

seeks action in the best interest of other parties.

2.What lessons can you learn about contracts, suppliers, and product launches from the

case?

I learned that one must be cautious not to spend too much money on product launches.

Instead, they should wait for assurance of the stability of the product since small breaches could

even send away suppliers who intended to deal with the product. Also, it is vital to involve

lawyers to mediate rather than just taking the promises of potential partners in business.

3. Evaluate the ethics of Mr. Grappolini’s conduct. Why did Vegetal’s officers refer to Mr.

Grappolini as a “bad boy”

Mr. Grappolini was branded a bad boy because of breaching the fiduciary responsibilities

he promises and going ahead to let Lucini have confidence in him.

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Surname 2

Case Brief 17.1

1.If an LLC was created, how is this case about the formation of a partnership?

Despite the presence of an LLC, Blumberg considered the deal with Ambrose to be a

partnership of business operations. As a result, the arrangement was to foster more cooperation

based on the interests of both of them. This was, however, not the case since Ambrose did not

reveal their entire plan in the deal.

2. What are the indications that there was a partnership created?

Early signs of a partnership between these parties began in the year 2009 when Blumberg

and Ambrose worked together to make the CampDoc System. They then moved on as a

partnership when they advertised and sold it to other camps.

3. What list of lessons could you develop for two people who are starting a business based

on what happened in this case?

For a successful partnership business, the parties must set ground rules upon which they

would get directions for operations and conflict resolution. They should also have a set of

expectations they intend to meet. Moreover, they should involve legal counsels to guide them in

every step they take in the business.

Case Brief 17.4

1.What must the shareholders prove to recover?

The shareholders must prove that the board of directors did not use a lucrative salary and

benefits to their advantage to settle the employment deal for Mr. Ovitz. In line with this, they

have to prove that Mr. Eisner was the sole influencer of their decision to hire Mr. Ovitz. Lastly,

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Surname 1 Student’s Name Professor’s Name Course Date Case Briefs 16.2, 17.1, 17.4 Case Brief 16.2 1.Explain how Mr. Grappolini breached his fiduciary duty. Mr. Grappolini took business for himself, yet he assured other parties that he was in charge of their sales for the olive oil. This was an opposition to the demands of a fiduciary that seeks action in the best interest of other parties. 2.What lessons can you learn about contracts, suppliers, and product launches from the case? I learned that one must be cautious not to spend too much money on product launches. Instead, they should wait for assurance of the stability of the product since small breaches could even send away suppliers who intended to deal with the product. Also, it is vital to involve lawyers to mediate rather than just taking the promises of potential partners in business. 3. Evaluate the ethics of Mr. Grappolini? ...
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