Re: Re: Owner as author?

From: Keith Taber <ket354[_at_]yahoo.com>
Date: Mon, 18 Apr 2005 16:05:55 -0400

• Heather Vargas <hvarg[_at_]ccb.com> wrote:
  > This agency/employee issue is circular.
  

As others noted, I think it is more linear, but with possible cross-links if an individual is both an owner and an emplyee/officer.

> The Supreme
> Court said in CCNV v. Reid that the determination
> regarding whether one is an employee or not is made
> using traditional agency principles.

One's ownership interest typically has little bearing on these principles.

> Clearly there
> is a distinction between Keith's Exxon example,
> Steve's CEO example, and the Mom and Pop scenario I
> am dealing with (which does not involve software, by
> the way).
>

Yes, and the distinction is that Stock is the most basic form of ownership, indicating no other relationship. As you progress along your chain you have people with more involvement with the entity than just ownership.

This is not a matter of the percent ownership, but a matter of involvement beyond ownership.

> By the way, with due credit to Keith, I will be
> using the "kiss my gas cap" line at the first
> possible opportunity.
>

In all honesty, it is a variation of the name of a fictional boat from my childhood: "Kiss My Dinghy".                 

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