Case 10-5 Danle Corporation In November 2008‚ Danle Corporation，a public company engaging in the design‚ development‚ manufacture‚ and assembly of motors，was sued because of safety issue of parts it manufactured. Danle made no disclosure of the lawsuit in Form 10-K since it determined that the risk of potential loss was remote and no amount of potential damages could be reasonably estimated. In October 2009‚ Danle was served a second complaint for the same reason. Danle’s external counsel believed
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www.ib.cdc.org Case 11 Mahindra & Mahindra (B): An Emerging Global Giant? "I have been on record to say that my philosophy of going global is because if you don’t succeed abmad or don’t have the capacity to succeed abmad and to carve out some turf abroad you are not going to be safe at home [. . .}. If you want to compete with multinationals you have to be a multinational. So that is the logical rationale for going abmad.HI -ANAND G. MAHINDRA‚ Vice Chairman and Managing Director‚ Mahindra & Mahindra
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attorney is that “commit a criminal act that reflects adversely on the lawyer’s honesty‚ trustworthiness or fitness as a lawyer in other respects”. An attorney could not “engage in conduct involving dishonesty‚ fraud‚ deceit or misrepresentation”. In the case of DeYoung and Ruggerio‚ Ruggerio‚ as an attorney of DeYoung‚ lied DeYoung to steal her children’s money from an inheritance. Ruggerio deposited $300000 of inheritance to his account and began to use the funds in his real estate business although DeYoung
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Case 10-2: Philip Morris International Background Philip Morris International is the leading international tobacco company. PMI owns a total of 56 manufacturing sites‚ over 78‚000 employees around the world‚ and product availability over 180 countries. PMI holds an estimated of 28.1% international market shares‚ where US and China accounts for 12.1% of their total market shares. They are the largest company in 13 markets. They are the current owner of top international tobacco brands around
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Case Study #10 - Sue Summery Sue comes to us today reporting an incidence of abuse in her current same-sex relationship with a woman named Marsha. Sue is an out of state college freshman currently enrolled at a local university. The client reports‚ she chose to attend this particular college in order to keep her parents in the dark about her sexual orientation fearing they would cut her off financially based on their strict religious values against homosexuality. Sue claims‚ she was previously
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September 24‚ 2014 Dr. Lee Cerling Director of Corporate Communications PAC-10 Consulting 1234 USC Drive Los Angeles‚ CA 91385 Dear Dr. Cerling: After completing extensive research in an effort to decide whether PAC-10 Consulting should take on its prospective client‚ the Business Improvement District (BID)‚ I have arrived at the conclusion that doing so is not in the best interests of PAC-10. Representing BID means marketing the LA Fashion District in a favorable light‚ which would prove
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Case 10-7: Impaired Abilities Scenario A: According to ASC 360-10-20‚ “an impairment is the condition that exists when the carrying amount of a long-lived asset (asset group) exceeds its fair value”. In order to determine if the impairment exist in the case‚ we will have to compare the carrying amount with the fair value of the assets. In regards to the municipal bounds‚ its amortized cost‚ $8‚500‚000 exceeds its fair value‚ $7‚500‚000. And corporate bonds’ amortized cost‚ $8‚300‚000 also exceeds
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2011. How do Muslims feel about their religion following the effects of 9/11? Has there been any change to the way Muslims feel they have been portrayed in the media following 9/11 until now. f) The disaster agent – an intentional‚ human conceived attack – most certainly determined the response and backlash that follow the events1. g) The main differences in the studies is that one focused more on the effects 9/11 had on Muslim people while the other focused on the effects of all ethnicities
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Case xx - Boston Lyric Opera Depended on digh donations from board members Opera is very expensive to produce Founded in 1976 Mission statement BLO BLO has 46 doard of directors and 51 board of overseers 1998 expanded moved theatre. From 890 -> 1500 seats BLO is the fastest growning firm BLO challenges: More subcribers to doners Attact more funding Contemplate a 2200 seat facility Participants of the BSC process Janice (general director‚ driving force) Sue (introduced the BSC to
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10 secrets of the Vatican exposed by David Goldenberg 1. Regular exorcise! Baudelaire once said that "the greatest trick the devil ever pulled was convincing the world he doesn’t exist." But in modern-day Vatican City‚ the devil is considered alive and well. The late Pope John Paul II personally performed three exorcisms during his reign‚ and Pope Benedict XVI expanded the ranks of Catholic-sponsored exorcists throughout the world. In fact‚ Father Gabriele Amorth‚ the Church’s chief exorcist‚ claims
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