Business Law LAWS 3100 – FWPL has been presented with a new growth opportunity in the US

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June 8th, 2024

FWPL has been presented with a new growth opportunity in the US. The board considers this an excellent opportunity to consolidate the company’s international presence. Another cousin, Gina, has excellent contacts in Napa Valley, a famous American wine-growing region. Mario hires her as their special liaison for US affairs at $AU300,000 per year. Some of the other family members are unhappy with the hire. Is the contract binding on FWPL? Give reasons for your answer? How would your answer differ if there was a clause in the constitution limiting his contractual capacity to deals of $AU150,000 or less?

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