“A company or a corporation is an ‘artificial person’ created by law.” Discuss. Introduction A company or a corporation is an artificial person not natural person. Artificial person are such as are created and devised by human laws for the purpose of society and government which are called corporation. Such artificial persons‚ known as corporation‚ possess similar rights and owe similar obligation as natural person‚ but have no physical or natural existence. The law in creating legal persons always
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The Spanish‚ led by Hernan Cortez‚ landed on the Mexican peninsula in search of gold in 1519. Within three years‚ the Spanish had conquered the Aztec Empire. Accounts of what happened during the first Spanish account differ greatly based on whose account of the attack is read. They differ which means only one is correct. First‚ according to an Aztec account‚ the Spanish attack was completely unprovoked. The Spanish started their attack with the musicians‚they slashed at their hands and faces until
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Master of Business Administration Topic-The Indian Petroleum Industry International Business & Trade Operations Management Module BM6913 Module Leader-Enda Murphy Paul Taffee Submitted by-Charles Daniel-17387781 Abhishek Pathy-1716093 Sarthak Das-1749108 Introduction to the Petroleum Industry. The petroleum industry includes the processes of refining‚ extraction‚ refining‚ transporting (often by the oil tankers and pipelines)‚ and marketing them. The larges t volume
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15C-1 The Lease Pumper’s Handbook Chapter 15 Enhancing Oil Recovery Section C SECONDARY RECOVERY C-1. Secondary Recovery. In simple terms‚ secondary recovery is the addition of basic water flood or gas flood (i.e.‚ pressure maintenance) as a continuous force. Secondary recovery methods should be introduced very early in the life of a field while the income and profits from the wells are high enough to pay for the additional equipment and installation costs. As noted in the following sections‚ there
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Research Paper: Aztec Culture The Aztec culture dates all the way back to the 13th century. Some say that a few Aztec people still survive‚ although they are not exactly “pure.” Their culture was derived from South America. In this research paper the plan is to inform and explain to the teacher that the Aztec were an impressive group of people for their time period because they were so advanced in science‚ agriculture and were far more civilized than people from other regions had assumed during
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Aztec Laboratories In my opinion‚ I think Aztec Laboratories should account the R & D contract as a patent. Research and development costs are the costs incurred in a planned search for new knowledge and in translating such knowledge into new products or processes. Prior to 1975‚ businesses often capitalized research and development costs as intangible assets when future benefits were expected from their incurrence. Due to the difficulty of determining the costs applicable to future benefits
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Functions of the Cacique: A Civil Leader Organizing the Harvest * One of the principle duties of the cacique was to organize the harvest for his tribe. The chieftain was in charge of determining the best places to plant the crops. All caciques had the right to clear land if they wished to grow produce at a given spot. He was also in charge of deciding when to plant and when to harvest the fields. Leading Construction * Construction was an important part of life for primitive tribes in
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and Mobil both respectively saw great success as major companies at the time with each company performing multi-billion dollar operations. In 1997 Exxon was achieving a large net income of $8.5 billion with revenues soaring as high as $137.2 billion‚ achieved a “AAA” debt rating‚ and also shelling out 5.4 million barrels of gasoline on a daily basis for huge profits. In contrast‚ Mobil thrived by building a strong reputation as well. The company saw revenues of $65 billion and achieved a net income
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TO: VEFA TARHAN‚ SPECIAL TOPICS IN FINANCE FROM: MAHMUT MACIT‚ AHMET ARDA ATIK‚ CAN KORKMAZ DATE: NOVEMBER 4‚ 2014 CASE: PIONEER PETROLEUM CORPORATION Overview of the Company Pioneer Petroleum Corporation established in 1924 and operating in oil refining‚ pipeline transportation‚ and industrial chemical fields. Company uses weighted-average cost of capital (WACC) as a discount rate to discount future cash flows that generate from possible projects. According to net present values of these possible
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Aztecs: Incas At the time the Spaniards arrived to the New World they found different Indian civilizations with many similitude and differences. In Mexico the Spaniards found a very stable empire called the Aztecs; the Aztec empire controlled a region stretching from the Valley of Mexico in central Mexico east to the Gulf of Mexico and south to Guatemala. The Aztec built great cities and developed a complex social‚ political‚ and religious structure. Spaniards found another Indian civilization
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