Baker was a director of Cable Shipping Ltd. ,a corporation that leased a large wharf from Able.Baker gave instructions to the person in charge of the wharf that the S.S.Cambridge would be using the wharf to unload its cargo.The S.S.Cambridge damaged the wharf on its arrival,and the wharf owner brought an action against Cable Shipping Ltd.for repairs.
-If the S.S.Cambridge was owned by another corporation in which Baker had an undisclosed financial interest,Baker would be liable to Cable Shipping Ltd.for granting unauthorized permission for the ship to use the wharf.
Correct Answer:
Verified
Q1: Gunnar and his brother Henrik were each
Q2: Gunnar and his brother Henrik were each
Q4: The Bigco Company Limited is the owner
Q5: Mary was the Secretary Treasurer of T
Q6: Mary was the Secretary Treasurer of T
Q7: Smith,a director of Alfa Industries,discovered a business
Q8: Gunnar and his brother Henrik were each
Q9: Where a director of a corporation appropriates
Q10: Baker was a director of Cable Shipping
Q11: Athina is a corporation's sole director and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents