Hutchinson Baseball Enterprises, Inc. (Hutchinson, Inc.) was incorporated under the laws of Kansas.
Hutchinson Baseball Enterprises, Inc. (Hutchinson, Inc.) was incorporated under the laws of Kansas.
Case: Hutchinson Baseball Enterprises, Inc. (Hutchinson, Inc.) was incorporated under the laws of Kansas. Some of the purposes of the corporation, according to its bylaws, were to “promote, advance, and sponsor baseball, which shall include Little League and Amateur baseball, in the Hutchinson, Kansas, area.”
Issue: Any profits were used to improve the playing fields. Profits were never distributed to the corporation’s directors or members.
Critical Legal Thinking Question: What type of corporation is Hutchinson, Inc.?
Readings :
Read Business Law, Eleventh Edition by Henry Cheeseman Chapters 37 & 38.
Requirements: 650-700 words
Masters Law
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