BA%209-02-09

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Business Associations Slides : 

Business Associations Slides 9-2-09

Hayes v. National Service Industries (p. 50) : 

Hayes v. National Service Industries (p. 50) Hayes (Client) Rogers (Attorney) Defendant’s Attorney $15,000 Settlement

Miller v. McDonald’s (p. 55) : 

Miller v. McDonald’s (p. 55)

Miller v. McDonald’s (p. 55) : 

Miller v. McDonald’s (p. 55) McDonald’s (Franchisor) 3K (Franchisee)

Miller v. McDonald’s (p. 55) : 

Miller v. McDonald’s (p. 55) McDonald’s (Franchisor) 3K (Franchisee) Rick

Miller v. McDonald’s (p. 55) : 

Miller v. McDonald’s (p. 55) McDonald’s (Franchisor) 3K (Franchisee) RSA 267: “One who represents that another is his servant or other agent and thereby causes a third person justifiably to rely upon the care and skill of such apparent agent is subject to liability to the third person for harm caused by the lack of care or skill of the one appearing to be a servant or other agent as if he were such.”

Miller v. McDonald’s (p. 55) : 

Miller v. McDonald’s (p. 55) McDonald’s (Franchisor) 3K (Franchisee) RSA 267: “One who represents that another is his servant or other agent and thereby causes a third person justifiably to rely upon the care and skill of such apparent agent is subject to liability to the third person for harm caused by the lack of care or skill of the one appearing to be a servant or other agent as if he were such.”

Investments in a Business : 

Investments in a Business Debt (Lending) Obligation to repay, usually with interest Not considered an ownership interest Equity “Ownership” interest No fixed obligation to repay Entitled to share in profits Debt has priority over equity. Equity is the residual interest.

Debt Financing : 

Debt Financing Interest charged relates to risk Ways to reduce risk personal guaranties collateral giving lender some control Possibility of greater return to offset risk (profit-sharing)

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