Mallory ordered the corporate treasurer to cover his mortgage payments of $20‚000 per month using Techno-Corp funds. Subsequently‚ when Techno-Corp began to have financial trouble Mallory borrowed a $1 million unsecured loan in the corporation’s name from Milhouse‚ a wealthy investor. Mallory was given express authority to borrow money for Techno-Corp; unfortunately‚ he has defaulted on this loan. Is Techno-Corp or Mallory liable to Milhouse for the $1 million corporate loan? RULE The general
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Riordan Corporate Compliance Plan University of Phoenix Introduction Riordan Manufacturing was founded in 1991 with patent awards from processing polymers into strong plastic substrates (University of Phoenix‚ 2003). In Albany‚ Georgia‚ the organization’s first manufacturing plant saw growth through the production of plastic beverage containers in 1993. Today‚ Riordan Manufacturing has custom plastic parts produced in Pontiac‚ Michigan as well as plastic fan parts in Hangzhou‚ China.
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IV. Internal Environment (IFAS Table; see Exhibit 2) A. Corporate Structure 1. BBY corporate structure has many subsections that help differentiate the brand. In Europe they are known under Carphone Warehouse‚ Canada they run as Future Shops and in China they operate under Jiangsu Five Star. Nevertheless‚ the structure is the same and all reporting goes up a chain of command‚ and policies and procedures follow it. 2. Cooperate structure is comparable to a network structure in terms of operating
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CORPORATE SECRETARY’S CERTIFICATE I‚ Kenneth P. Reforma‚ of legal age‚ Filipino‚ with residence and postal address at 26 M. Bonita St.‚ Jubileeville Subd.‚ Brgy. Masaya‚ Bay‚ Laguna‚ being duly sworn to in accordance with law hereby certify: 1. That I am the duly elected Corporate Secretary of the University of the Philippines Engineering Students’ Guild‚ a corporation duly organized and existing under and by virtue of Philippine laws with principal place of business at the University of
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amongst the financial analysts‚ the rating agencies and the banks (as creditors‚ brokers‚ dealers‚ etc.)‚ allowed Callisto Tanzi‚ the founder and the chairman of the group‚ and the other managers to perpetrate the fraud which eventually resulted in Corporate Collapse of Parmalat. The paper will not discuss on those areas. 1. INTRODUCTION Parmalat was the largest Italian food company and the fourth largest in Europe‚ controlling 50% of the Italian market in milk and milk-derivative products. Suddenly
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Corporate Golf is a term coined for the group of people from corporate world playing Golf on regular basis‚ either for fun or for business. They keep the Golf courses busy across the Globe where ever Golf is appreciated. Corporate firms are large organizations with influential decision makers‚ professionals‚ high profile personnel and Golf has always been associated with being elite and sophisticated. This is what makes Corporates and Golf go hand in hand. It will be suffice to say that Corporate
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In “The Skeleton in the Corporate Closet‚” some very significant and profound ethical dilemmas are presented‚ which cut directly to the core of the corporate culture of the organization involved – General Parkelite Company (GPC). I begin my evaluation with a brief overview of the case‚ and then proceed to identification of the central and peripheral issues involved‚ delineation of the facts and suppositions used in my analyses and as the basis of my recommendations‚ and finally I present my analyses
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Theories of Corporate Personality MANAS AGARWAL 5th Semester BA LL.B (B) School of Law Christ University Bangalore INDEX * Research Methodology * Introduction * The Common Law Perspectives * Fiction Theory * Concession Theory * The Purpose Theory * Bracket Theory * Realist Theory * Why Corporations? * Corporate Personality And Limited Liability Cases: * Macaura v. Northern Assurance Co. * Lee v. Lee’s Air Farming * Salomon v. Salomon
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Challenges to Corporate Social Responsibilities Company: Reebok International Ltd. Student Name: Jedy Wang Student #: 250476511 Teacher Assistant: Mike Dove Due Date: 11/14/2008 Executive Summary The 20th century illustrated a dispersing trend of capitalism as the end of the Cold War illustrated evident economic prosperity in Western countries. Consequently‚ many former Communist countries implemented economic reforms due to the perception that capitalism was the economic ideology
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Contents INTRODUCTION 3 Corporate Social Responsibility at Aditya Birla Group 3 What is Corporate Social Responsibility (CSR) 4 Objectives of the CSR 5 Need for business to be socially responsible 6 Corporate Social Responsibility Policy of Aditya Birla Group 7 Organisational mechanism and responsibilities 7 Implementation process: Identification of projects 8 Aditya Birla Group Leads Nielsen’s Corporate Image Monitor 2012-13 9 Conclusion 11 References 12 INTRODUCTION There
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