of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business owner‚ you are responsible
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Tablets vs. Textbooks Our technology is without doubt advancing at an exponential rate‚ but how best to use it is still being discerned. Since early Egypt to our modern day society books have been the most prevalent form of education; but now we are transitioning into a world that revolves around efficiency and effectiveness. Although we still use textbooks in our school‚ many schools are beginning to switch to electronic tablets for their economic and educational value over textbooks.
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oppressive and unfair scenario. Therefore‚ the motion for preliminary injunction was denied in favor of the defendants. Facts: The defendants‚ upon being hired by Russell‚ entered into contracts which contained three relevant covenants in this case; not to compete with the plaintiffs‚ not to solicit the plaintiff’ customers‚ and not to disclose the plaintiffs’ confidential information. The defendants‚ for many alleged reasons‚ separated themselves from the plaintiff and began working for a competitor
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Should we have the 7 habits in 8th grade? By: Jayla Rewoldt In American History we are currently studying the concept of sectionalism. Sectionalism is division within a country based in regional beliefs and interests. In the early to mid 1800’s sectionalism in america grew as slavery divided the nation. Slavery was ignored‚ comprised‚ and argued about by the states until the conflict drove our country into the Civil War. Although regional differences are not as distant these days‚ many issues
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Driving School’s obligations that has set-up are geared towards ensuring the operations of the business are friendly to both the community and the environment. In other words‚ the company’s corporate responsibility focuses on improving its services both indoor and outdoor; in an effort to increase its vision and gain competitive advantage. As a result‚ Red Driving School maintains standards of its business ethics which are important to the expectation of the stakeholders. The company follows regulations
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References: Investopedia‚ Inc. (2013). Definition of World Trade Organization (WTO). Retrieved from: www.investopedia.com/terms/w/wto.asp McGraw-Hill Create. (2013). Business and Society. McGraw-Hill Companies. United States. p. 152-154. Rodrik‚R. (1998). Has Globalization Gone Too Far? Washington D.C. Institute for International Studies. WebFinance‚ Inc. (2013). Definition of Globalization. Retrieved from: www.businessdictionary.com/definition/globalization.html
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real fundamentals and true risk” (McClure‚ 2010). Transparency has even become more of a necessity since companies like Enron and many others showed the world that complex business structures and unclear financials just hide bad news. It is very helpful to imagine your customer as a member of your family. In most cases people would never want anything bad to happen to their family. No one wants their family to have a bad service experience‚ or get a product that doesn’t work. John Abele
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COMPANY LAW CASE STUDY Case Study: AgChem Pty Ltd is interested in acquiring a factory owned by Black Pty Ltd. Black Pty Ltd is a wholly owned subsidiary of Grains Pty Ltd. Black is proposing to sell the land to AgChem at a 10% discount to its market value. Question: a) Is the approval of Agco’s shareholders required
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Case Writeups : Sealed Air Corporation 1) What has been happening in this market? How has Sealed Air (SA) been doing? To what do you attribute SA’s success? Sealed Air had achieved 25% annual growth in net sales and net earnings from 1971 to 1980. The company has been keeping a technical leadership position in the market. During 10 years‚ the company built on its development of the first-cell‚ lightweight cushioning material‚ introduced the first foam-in-place packaging system‚ and engineered the
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Small Business Management Mini Case 1. Suchin’s main problem is that the international products are a huge hit in this location‚ while the American products are not selling as well as he expected. Suchin can do a couple things to solve this issue. The first would be to put more of a focus on promoting the American foods that his company sells. By altering marketing of sales and promotions of their American stock‚ they can bring a focus to that area and provide an incentive for consumers to purchase
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