Lien v. Lien - Lien v Lien A What type of business entity...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Lien v. Lien A. What type of business entity did Pete Lien & Sons, Inc., operate when it was originally founded in 1944? The original partners were Bruce Lien, his brother Charles Lien, and their father Pete Lien, Sr. C. When Pete Lien & Sons, Inc., incorporated in 1952, the partners became equal shareholders of the corporation. D. How many people served on the corporation's board of directors at the time of the lawsuit? At the time of the lawsuit seven people served on the corporation's board of directors. E. At the time of the litigation, who owned the majority of stock in the corporation and received more income and dividends than any other shareholder? At the time of the litigation, Bruce Lien owned the majority of stock in the corporation and received more income and dividends than the other shareholders. F. What allegations did Bruce Lien assert his complaint in the civil action that he brought
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/15/2011 for the course BUSINESS L 101 taught by Professor Smith during the Spring '11 term at American.

Ask a homework question - tutors are online