Social Studies, 23.03.2020 16:25 jenn8055
11) Lauren wants to open a floral shop in a downtown business district. She doesn't have funds enough to purchase inventory and pay six months' rent up front. Lauren approaches a good friend, Jamie, to discuss the possibility of Jamie investing funds and becoming a 25% partner in the business. After a lengthy discussion, Jamie agrees to invest. Eight months later, Jamie discovered that Lauren has not be honest with her regarding some aspects of the business financial operation. In order for Jamie to sue Lauren for fraud, all the following must be true exceptJamie found Lauren dishonest because she does not always reconcile the business cash account on a timely basis. Jamie found Lauren honest because she does not always reconcile the business cash account on a timely basis.
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11) Lauren wants to open a floral shop in a downtown business district. She doesn't have funds enoug...
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