Limited(the directors are same in both of the companies according to the article of Y Limited) with the breach of pre-incorporation. After the incorporation of association company comes in existence‚ and starts its business after that. Before incorporation company have no legal existence‚ and if enters into an agreement in the name of company before incorporation‚ the agreement would not be valid. The corporate personality with separate legal identity of company confirms about the limited liability of
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CITRIX I) Give a brief overview of Citrix and their current situation Citrix is a company that provides information technology expertise and products. It provides solutions for mobility‚ desktop virtualization‚ cloud networking‚ cloud platforms‚ collaboration and data sharing. This enhances mobility of work. (a) Describe the basic business‚ including the mix of products/services being offered. Citrix creates products that ensure that people are able to work from anywhere away from the office
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issue of a company buying back its shares has moved beyond the realm of abstract discussion among academicians and into the real world of corporate controversies. The endeavour should be to provide one with an overview of the concept of ‘buy-back’ of shares‚ the ensuing debate and some recommendations. Understanding the Concept In law‚ a company being a separate legal personality is capable of buying and holding property in its own name. a corollary to this privilege would be that a company could buy
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“Bad Company” The time of the classic cowboy was so short‚ less than 50 years‚ and yet the rebels and outsiders of the old west live on as a key icon of American history. The glorification of the cowboy stands alone in history; Europe’s knights and Japan’s samurai were warriors not outlaws or bandits. Due to their unique position of being both honored and despised‚ the cowboy experienced pressures unlike any other icon in history. This position allowed them to become glorified as a classic hero in
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Case 8-2 Palmerstown Company Exchange Rates | $/pound | January 1‚ Year 1 | 1.00 | January 1-31‚ Year 1 | 1.00 | Average Year 1 | 0.90 | When inventory purchases made | 0.86 | When ending inventory acquired | 0.83 | December 31‚ Year 1 | 0.80 | 1. Pound is the functional currency – Current rate method | | Exchange | | | Pounds
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Nike was founded in 1964 as Blue Ribbon Sports by University of Oregon track athlete Philip Knight and his coach Bill Bowerman‚ and officially became Nike‚ Inc. in 1978. The company takes its name from Nike‚ the Greek goddess of victory‚ and adopted the well-known logo‚ called the “Swoosh”‚ first used by Nike in 1971. Nike produces a wide range of sports equipments. Their first products were track running shoes‚ for a wide range of sports including track & field‚ tennis‚ baseball‚ Association
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Ellen Goodman’s attitude toward Phil in her column‚ The Company Man‚ comes off as a bit mocking. The use of repetition allows her to clarify her tone toward Phil even further. She conveys this attitude specifically when she uses quotations and explanations of his family members. Goodman’s constant repetition of the phrase‚ “He worked himself to death‚ finally and precisely at 3am Sunday morning‚” implies her sarcastic attitude which is apparent throughout the piece. What she is trying to say is
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GEELY Company Executive Summary Overview Mission and Vision Current state Motivation for going international Challenges in internationalization Positive and negative bring by internationalization Considerations Recommendation Reference List Overview Background Geely Holding Company is a Chinese automotive manufacturing company‚ which headquartered in Hangzhou‚ China. The company was established in the year 1986 by the founder named Li Shufu. The company major in manufacturing automobiles‚ motorcycles
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Faculty of Business and Management BBUS2103 Company Law January 2013 Companies Act 1965 Section 181: Member’s Remedy Name: Mohd Afiq bin Sahar NRIC No: 871226-43-5677 Matric No: 871226435677001 Pages 1. Introduction………………………………………………………………………….3 2. Example of oppressive‚ disregard of members’ interest and unfairly prejudicial or unfairly discriminatory conduct………………………………………5 Diversion of corporate assets or opportunity………………………………...5 Diversion of profits.…………………………………………………………
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of cash as of June 30 by $31‚677. This could be the result of the company making sales for cash or making purchases on credit which would explain the increase in accounts payable. Also‚ payments of insurance were credited from prepaid insurance resulting in no cash being removed from the account. 2. Accounts Receivable: There is an increase in accounts receivable as of June 30 by $4‚707. This could be the result of the company making sales on credit. 3. Supplies on hand: There is an increase
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