We investigate production and decay of the Λc+ hyperon. The production considered is through the e+e− annihilation channel, e+e−→Λc+Λˉc−, with summation over the Λˉc− anti-hyperon spin directions. It is in this situation that the Λc+ decay chain is identified. Two kinds of sequential decays are studied. The first one is the doubly weak decay B1→B2M2, followed by B2→B3M3. The other one is the mixed weak-electromagnetic decay B1→B2M2, followed by B2→B3γ. In both schemes B denotes baryons and M mesons. We should also mention that the initial state of the Λc+ hyperon is polarized.