(Solution) - Asher and Stephen formed a corporation named Ampersand to prod -(2025 Original AI-Free Solution)

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Asher and Stephen formed a corporation named ?Ampersand? to produce plays. Both men were employed by the corporation. Stephen decided to write Philly?s Beat, focusing on the history of rock and roll in Philadelphia. As the play went into production, however, the two men quarreled over Asher?s repeated absences from work and the company?s serious financial difficulties. Stephen resigned from Ampersand and formed another corporation to produce the play. Did the opportunity to produce Philly?s Beat belong to Ampersand? Argument for Stephen: Ampersand was formed for the purpose of producing plays, not writing them. When Stephen wrote Philly?s Beat, he was not competing against Ampersand. Furthermore, Ampersand could not afford to produce the play even if it had had the opportunity. Argument for Asher: Ampersand was in the business of producing plays, and it wanted Philly?s Beat. Ampersand was perfectly able to afford the cost of production?until Stephen resigned.