In the Case in the Text,Dixon V

question 51

Multiple Choice

In the case in the text,Dixon v.Crawford,McGilliard,Peterson & Yelish,why did the court hold that the clients Dixon took with him did not impact the value of the firm's goodwill?

• A)Neither Dixon nor Crawford had a proprietary interest in the clients.
• B)The dissociated partner is compensated for value taken by his departure.
• C)The evidence indicated Dixon did not intentionally steal clients.
• D)Crawford had a proprietary interest in the clients.

Understand the concept of ageism and its impact on employment and workplace practices.

Understand the definition and significance of having a diverse and inclusive workforce.

Recognize the characteristics and expectations of different generational groups within the workforce.

Identify the benefits and challenges of managing a diverse workforce.

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Definitions:

Option Agreement

A share transfer restriction granting a corporation or its shareholders an option to buy a selling shareholder’s shares at a price determined by the agreement.

Buy-and-Sell Agreement

a legally binding agreement between co-owners that outlines what will happen to an owner’s share of the business if they depart the business due to death or any other reason.

De Facto Corporation

A business that operates as if it were a corporation although it has not completed the formalities required for legal incorporation.

Organization Meeting

An initial meeting held to complete the formation of an entity, where bylaws are adopted, officers elected, and other organizational matters decided.