Management and Organizational Studies 2276A/B Lecture Notes - Lecture 8: Personal Representative, Sole Proprietorship, Consideration

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2276A/B
• Professor: Phillip King

Document Summary

This agreement is entered into as of november 1st, 2010, between big truck ltd. , an ontario corporation (the purchaser ) and george smith, an individual resident in ontario (the vendor ). Whereas the issued and outstanding capital of monster truck inc. (the corporation ) consists of one hundred (100) common shares (the purchased shares ); And whereas the vendor is the registered and beneficial owner of all of the purchased shares; And whereas the purchaser wishes to purchase, and the vendor wish to sell, the purchased. Shares, on and subject to the terms of this agreement; Now therefore for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: In this agreement, unless the context otherwise requires, the following terms. Financial statements means the financial statements of the corporation for the fiscal period ended june 30th, 2010, and statements date means june 30th, 2010.