Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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Polaroid Corporation‚ 1996 In late March 1996‚ Ralph Norwood was faced with the task of restructuring Polaroid’s capital structure. In the past‚ Polaroid had a monopoly in the instant-photography segment. However‚ with upcoming threats in the emerging digital photography industry and Polaroid experiencing recent losses in their market share due to Kodak’s competition‚ Gary T. DiCamillo‚ recently appointed CEO of Polaroid‚ headed a restructuring plan to stimulate the firm’s performance. The firm’s
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Questions: What are the environmental implications of oil spills? What legislative policies have been instituted to mitigate the possibility of future oil spills? How are oil spills cleaned up and what are the advantages and disadvantages of each method? What type of research and innovation surrounding oil spills has been done to prevent their occurrence? In order to foster an environment for emerging technologies and higher standards of living‚ the United States‚ Canada and many other nations
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Oil Industry Steven Gomez Management for Organizations Professor Shah 07/08/2011 The oil companies of today’s societies are bigger than from the past and have been making the news worldwide. These companies have been growing and trying to lease more property across the country in order to keep making money. “While the oil and gas industry argue that for expanded access to federal land‚ they sit on over 29 million acres of unused federal oil and gas leases.” (Elizabeth Lopez‚ Hill
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-UN kept insisting Saddam to withdraw • Needed to expel him from the Kuwait • And US was the only state with capability to do so POLITICS: Liberate Kuwait (kick out Iraq armed forces) • No expectation that US would follow into Iraq and overthrow Saddam • LIMITED political objective STRATEGY: Make Iraq defenseless as QUICKLY as possible • No messing around with political constraints • Just destroy any capability to use force • No coercion strategy used
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Case Report CERVUS EQUIPMENT CORPORATION: HARVESTING A NEW FUTURE Summary Cervus Equipment Corporation was founded at the time that no central organization which managed the farm equipment dealerships from original equipment manufacturer such as Jone Deer. As a wholesale trade company‚ Cervus had achieved big accomplishments during the past ten years by acquiring and operating agriculture‚ commercial and industrial equipment dealerships in Canada. Since the company has made a successful achievement
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A case study on Blade Int Corporation about Inflationary effect 1. How could a higher level of inflation in Thailand affect Blades (assume U.S inflation remains constant)? Although the Blades have already a decreasing demand for “Speedos” and the rate of inflation is high relative to U.S inflation rate. It will affect the current account of Thailand which would be expected to decrease and due to this scenario the exports of demand for other countries will also decline. 2. How would Blades
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Research Paper on the Gulf War 1991 Ba’athist Iraq by the late 1980’s was a rogue state ruled with an iron fist by the ruthless dictator Saddam Hussein‚ who in an eight year war with his neighbor Iran‚ had mounted a pile of debt. Seeking a way to wipe out this debt and show off the military might of the fourth largest military in the world‚ Saddam looked to its oil-rich neighbor Kuwait. In an unprecedented and unprovoked act of aggression‚ Iraq’s invasion of Kuwait threatened the very stability
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decisions based at least in part on past experience‚ or‚ more specifically‚ what they believe past experience teaches. During the activities of the Persian Gulf War in 1990 and 1991‚ President George H. W. Bush‚ Sr. and Senator John Kerry used historical analogy to predict the upcoming events and future assessments of the crisis in the Persian Gulf. Using the successful and not so successful lessons learned from the Vietnam War and situations prior to that as background‚ Bush and Kerry apply knowledge
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I. Case Introduction Before Chrysler merged to become DaimlerChrysler AG‚ they were presented with a takeover bid of $55 per share by MGM billionaire Kirk Kerkorian and former Chrysler chairman Lee Iacocca. Kirk Kerkorian was a stockholder in Chrysler and an experienced takeover financier who apparently found Chrysler to be a good buy. Chrysler rejected the offer‚ however‚ stating that the firm was not for sale. Further‚ many Wall Street experts felt that Kerkorian could not come
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