Explore BrainMass

Explore BrainMass

    Compaq Computer Case Analysis

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Compaq Computer v. Horton, 631 A.2d 1 (Del., 1993)

    See: https://casetext.com/case/compaq-computer-corp-v-horton

    1. Who has the burden of establishing the propriety or lack of propriety of a demand?
    2. What is the test for proper purpose?
    3. Can a proper purpose be adverse to the corporation's interest?
    4. Did either party act unethically? Explain.
    5. Can a proper purpose ever be adverse to the corporation's interests?

    © BrainMass Inc. brainmass.com June 4, 2020, 12:51 am ad1c9bdddf
    https://brainmass.com/business/business-law/compaq-computer-horton-case-analysis-363931

    Solution Preview

    Here is a suggested response after reading the case. Hope it helps. Good luck!

    Compaq Computer Corp. v. Horton, 631 A.2d 1 (Del., 1993)

    1. Who has the burden of establishing the propriety or lack of propriety of a demand?
    a. The burden of proof shall be on the corporation to establish that the inspection such stockholder seeks is for an improper purpose. 8 Del. C § 220.
    b. If there is any doubt, it must be resolved in favor of the statutory right of the stockholder to have an inspection.

    2. What is the test for proper purpose?
    a. Any stockholder ... shall, upon written demand under oath stating the purpose ...

    Solution Summary

    Provides an analysis of the Compaq Computer v. Horton Case.

    $2.19

    ADVERTISEMENT