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Utilitarianism
Greatest good for the greatest number
Deontology (Kantian ethics)
Morality based on duty, not outcomes
Distributive Justice
Fairness and equality matter most
Moral Universalism
Some universal moral standards apply to all
Cultural Relativism
Morality depends on cultural norms
Individual Relativism
Morals depend on individual beliefs
Horning v. Horning Construction LLC (2006)
Summary: Family LLC dispute over ownership and management control.
Holding: Court upheld LLC operating agreement terms; reinforced contractual control.
Huatuco v. Satellite Healthcare (2013)
Summary: LLC member wanted judicial dissolution.
Holding: Court denied dissolution where operating agreement barred it.
Ferret v. Courtney (2015)
Summary: Partner tried to sell partnership interest.
Holding: Court enforced transfer restrictions.
BLD Products v. Technical Plastics (2015)
Summary: Creditor sought to pierce LLC veil.
Holding: Veil pierced due to misuse of funds and lack of separation.
National Franchisee Assoc. v. Burger King (2010)
Summary: Franchisees objected to $1 menu pricing.
Holding: Court sided with Burger King; contract gave franchisor pricing control.
Pure Power Boot Camp v. Warrior Fitness Boot Camp (2011)
Summary: Employees copied business plans before quitting.
Holding: Court found breach of loyalty and misuse of trade secrets.
Abkco Music v. Harrisongs (1983)
Summary: Former manager used confidential info to compete.
Holding: Court ruled that using prior confidential info violated fiduciary duty.
Jackson v. Goodman (1976)
Summary: Dispute over agency authority and liability.
Holding: Court held that apparent authority bound principal to agent’s actions.