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Category > Law Posted 21 Sep 2017 My Price 8.00

Pia Galli attends a wine industry conference

 

  •   Pia Galli attends a wine  industry conference at which she meets an agricultural scientist who is working  on a process to extract value from the waste products of winemaking. The  scientist is very keen to enter into a joint venture with a significant wine  producer to test and hopefully commercialise the technology. At Pia’s  suggestion, the scientist prepares a proposal and presents it to the board of  FWPL. FWPL is impressed by the technology and the opportunity it presents for  the business, but because of the significant investment it is making in the  organic vineyard at Robinvale, is not in a position to take it up. After the  meeting, Pia phones the scientist and says that she would like to invest her  own money in the project. Pia does not tell her fellow FWPL directors of her  decision. Is Pia allowed to make the investment?
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Status NEW Posted 21 Sep 2017 10:09 AM My Price 8.00

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