Lecture 1: The advantages of forming a corporation are: * Reduction of personal liability. A sole proprietor has unlimited liability * Taxes. Forming a corporation may mean that more expenses can be considered business expenses and be deducted from the company’s income. * Improved credibility. The business may have increased credibility in the business world compared to a sole proprietorship. * Ability to attract investment. Corporations can raise capital through the sale of equity
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BABCOCK UNIVERSITY‚ ILISAN-REMO‚ OGUN STATE AN ASSIGNMENT SUBMITTED IN PARTIAL FULFILMENT OF THE COURSE: CORPORATE LAW 1 ASSIGNMENT TOPIC: CRITICALLY EXAMINE THE EXTENT TO WHICH A COMPANY IS BOUND TO A PRE-INCORPORATION CONTRACT SUBMITTED BY: EYESAN ORITSEMOLEBI MATRIC NO: 10/0399 SUBMITTED TO: MR. ABANGWU NZERIBE
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THE UNIVERSITY OF ADELAIDE COMMLAW 7011 CORPORATE LAW (M) BUSINESS SCHOOL Week 3‚ Semester 1‚ 2012 TUTORIAL QUESTIONS WEEK 3 (Commencing Monday 12 March) Acknowledgement: These Tutorial Questions were originally devised by Martin Markovic‚ Senior Lecturer‚ Business School‚ University of Adelaide. Question 1 A‚ B and C are long time friends from University days. They share common interests especially with respect to
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ABC’s capital expenditures and its financing 9 2.3. Comparison of ABC’s capital structure with similar companies 10 2.4. Characteristics of the company influencing the leverage policy 11 2.4.1. Tax advantage 11 2.4.2. Corporate tax rate 11 2.4.3. Earnings before tax and interest 11 2.4.4. Interest rate 11 2.4.5. Credit rating 12 2.5. Pecking order theory 13 2.6. Optimal capital structure 13 3.Dividend 14 3.1. Dividend policy
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your country can do for you‚ ask what you can do for your country‚" Kennedy helped make peace throughout many countries. John F Kennedy was a role model for many people in the world during his time. John had a great education and was very interested in politics. Many people were saved because of his actions. John F. Kennedy was a very important figure in United States history. John F. Kennedy had a very interesting life. Kennedy was born on May 29‚ 1917 in Brookline‚ Massachusetts. He had 3 brothers
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CORPORATE GREED Have you noticed people around the country protesting near a government facility? It started on September 17‚ 2011. One month later similar thousands of people have joined the protest. It has spread in different parts of the world; protesting against “Corporate greed”. The group started in a park next to Wall Street‚ mainly by college kids spreading the word in social networks. They created a grass roots movement with a slogan “We are the 99%. Saying we the regular people work
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CULTURAL DIFFERENCES: Let’s break a deal MANAGER’S RESPONSE: 1. Michael realizes that Norio is hinting that he misses Roger. By mentioning him‚ he is signaling to Michael that Roger’s absence is disturbing. 2. Michael’s strategy is to pressure Norio. He is under enormous time constraints and needs to get the deal signed and move on. 3. Michael feels that this meeting was a failure. He did not reach his objectives‚ and had difficulty reading the needs of his prospective client. 4
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President John Fitzgerald Kennedy was a young‚ enthusiastic president who brought hope to the nation. Kennedy‚ in his inaugural address‚ bestowed this statement “And so‚ my fellow Americans‚ ask not what your country can do for you; ask what you can do for your country. My fellow citizens of the world‚ ask not what America will do for you‚ but what together we can do for the freedom of man.” He advises us to look not to the interests of ourselves‚ but to the interests of the nation. In his discussion
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McDonalds VS Starbucks in‚ E-commerce strategies‚ Service to accommodate the local Markets and Culture McDonalds Architectural Design of Stores According to USA Today article Mc Donald’s new design is turning heads. Before anyone able to get a peek at new store plans in Tampa‚ USA Today had the pleasure of analyzing it. In their opinion it set the tone for other locations currently established now. According to USA Today‚ McDonald’s wanted to go beyond making customer cozy but eliminate the
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The issue of this case is whether the board of Katia was in breach of the director’s duties. In determining this issue‚ the legal principles in Corporate Act section 181 as well as Howard Smith v Ampol Petroleum‚ Whitehouse v Carlton Hotel‚ Mills v Mills‚ Ngurli v McCann‚ Harlowe’s Nominees v Woodside Oil and Winthrop Investments v Winns should be considered. S 181 states that directors should exercise their powers in good faith and proper purpose. Subjective tests (which concerns whether the
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