If he made it on behalf of the company, then yes, it is. Obviously the big question is whether the son will admit this, or whether you could prove it if he chooses not to admit it.
Give the son a chance, first. Contact an attorney second if he fails in his responsibility. (Note: Go easy, obviously, if it's possible that the son truly does not know.)
Added; Not to mention . . . it would be beneficial to have, or be able to produce, a 'third party' witness to the verbal offer.
If all you can produce is your claim of the deceased's alleged offer . . . . . .
To incorporate a One Person Company, a Director and a nominee is required. A nominee member is one, who shall, in the event of promoter member's death or incapacitation become a member of the Company.
From most important to important, but less known -Director -Professional -Soloist -Company Member -Cores de Ballet -Student
Principles from Hickman v Kent1. that a company's constitutional documents constitute a contract between: -a company and its members; and -a member and other members. 2. the contract creates rights and obligations amongst the contracting parties. Therefore, the parties may sue and be sued pursuant to the contract 3. the constitutional documents do not constitute a contract between acompany or member and non-members. These documents do not operate as contracts for outsiders or third parties to a contract.
Internal report is a finance report that produced for internal member within the company such as director, shareholders, manager, etc.
The facts of the given problem are based on the decided case of Bore land Trustee vs. Steel Bros. & Co. Ltd., in which case, the provisions in the Articles were held to binding on the members. It was held that 'Shares having been purchased on these terms and conditions, it is impossible to say that those terms and conditions are not to be observed". Thus, since Articles constitute a binding contract between the Company and its members, the shareholders shall be held bound by the stated provision in the Articles.
Managing director: The managing director is the head of the whole management team and a member of the board of a company; in other words, the managing director is a CEO only, but also has his own shares in the company and is also present in the board meetings. In other words, a director of the board. Chief Executive Director: The CEO is the biggest corporate officer or in other words, the head of the management team. he just controls the whole management and is the ultimate boss in the company after the board of directors and the chairman.
The UK is an EU Member State. The EU Law is therefore binding.
Board members can do business with the company. Any relationships must be disclosed and must be reviewed by independent persons for fairness.
Yes. If the CEO of a company expels a member, it is often referred to as 'Firing' that member.
Due to Related Entities usually represents liabilities to a sister company (common ownership) or a subsidiary, but the relationship can also be via a director or other influential person or a close family member. Thus a company owned by the CEO's spouse would be related, as would another company that shared a director, even though there is no common ownership.
Because the company's contract is expired. I was a member for 7 years and that is why I'm doing research. Don't be sad nor upset, it's life!
You need to be at least 18 to become a member of eBay because activities on site - buying and selling - are binding, which means that you have to be of a legal age so that you understand that you are entering a contract, with all that entails.