0x44 on Mon, 13 Oct 2008 19:21:53 -0700 (MST) |
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[s-b] Consultation 137 |
I answer consultation 137 NO. 4e79 ostensibly obligates Officers of a Corporation to collectively ensure that the /Corporation/ fulfills its obligations as specified in its Articles. It does not establish that the Articles establish obligations upon the Officers themselves. Furthermore, if 4e79 obliged the Officers of a Corporation to fulfill obligations as defined in the Articles of their Corporation, Rule 4e70 expressly prohibits Contracts (of which Corporations are a subset) from binding any Legal Entity who does not /voluntarily/ become bound to the Contract. Since Officers are bound by the Articles of Incorporation to act on behalf of the Company, and Rule 4e70 provides only a single mechanism for becoming bound to a Contract, the CPA and CPA2 contracts could not have produced a Corporation, as Rule 4e79 requires that the Articles name at least one. Oracularity: { 50 mackerel from each of the players known as Murphy, Goethe, and Taral at the time of the submission of this Answer is transfered to the OCB. If when this Answer becomes Pondered, they do not have enough macks to make the transfer, each player gains the "Liened" Property. } // I hope that is a fitting punishment for their fiduciary shenanigans. -- -- 0x44; _______________________________________________ spoon-business mailing list spoon-business@xxxxxxxxx http://lists.ellipsis.cx/mailman/listinfo/spoon-business