question archive Joe, a real estate developer, buys a food truck and hires a manager to operate it
Joe, a real estate developer, buys a food truck and hires a manager to operate it
Subject:LawPrice: Bought3
Joe, a real estate developer, buys a food truck and hires a manager
to operate it. The food truck business fails after barely a year in business—it turns out people really missed eating indoors, abandoning food trucks once the pandemic subsides. One supplier sues for overdue bills. Assuming Joe is the sole owner, what forms of organization could Joe has used? What forms of organization would not have been available? What forms of organization would have met his needs and also shielded him from personal liability?
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Joe is a crew chief for Green Acres Landscaping, LLC, a landscaping architecture and design firm. Joe's job includes managing work crews, making sure equipment is gassed up and in good working order, driving crews to job sites, and the like. Joe has no responsibility for purchasing plants or other landscaping material.
Last night, on the way back from a job, Joe noticed a "pop-up" stand where a local farmer was selling apple seedlings. Based on his work over the years, Joe believes the seedlings are of high quality and that they are being offered at a good price. He decides to purchase some and bring them back to David, the owner of the business, having assured the farmer that David would pay for the trees. Is David bound by Joe's purchase? Why or why not? What if David takes a look at the trees and says, "Thanks for picking them up, we can use them on the Goodman job next week"?
