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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liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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Engineering Evaluation/Cost Analysis Report Elizabeth Mine South Strafford‚ Vermont Final Report Final Report Prepared for U.S. Army Corps of Engineers New England District Concord‚ Massachusetts 12 March 2002 Arthur D. Little‚ Inc. Acorn Park Cambridge‚ Massachusetts 02140-2390 Contract No. DACW33-00-D-0002 Delivery Order 0002 Arthur D. Little Reference 76071 Table of Contents Page List of Acronyms ............................................................................................
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Product Gross Margin Calculation vs. Product Contribution Margin Calculation Assigning the overhead costs to the products shows how profitable the products are after deducting all cost. However‚ it is important to find the appropriate method of overhead cost allocation. In Sippican’s case the traditional accounting method is used‚ which does not reflect the real resource usage of the different product lines. The correct method in this case would be to apply the time-driven ABC approach for cost
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An extract from the title Lord of the Flies was amidst the scene where the boys are hunting a sow. While on the literal sense the perception of this extract seems to be just killing a sow‚ this extended metaphor highlights the boys transformation into savagery‚ how its demonstrated is through use of imagery. At this point in the novel‚ the boys have been castaways for an extensive period of time now and with no adults and no females‚ their loss of social order leading to anarchy among the group‚
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Irenz BS Psychology Overpopulation and Poverty I. Introduction The whole world is always dealing with several problems. Overpopulation is one of the biggest global problems that we are experiencing now. In the course of time‚ overpopulation will result into a negative effect to each country that may experience it‚ since most countries are currently encountering this problem. One of the possible negative effects
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Financial Results for All Firms | MikesBikes-Advanced - Single-Player - Period 2016 | | | | | Real Cool Cycles | | MountainTop Cycles | Owned By | | | | | | | | | | Shareholder Value (SHV) | | $28.25 | | $56.55 | Cumulative Change in SHV | | 111% | | 323% | | | | | | Underlying Share Price | | $28.25 | | $49.09 | Subsidiary Contribution | | $0.00 | | $0.00 | Share Price* | | $28.25 | | $49.09 |
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War What is it good for? ‘If we don’t end war‚ war will end us.’ – H.G Wells ‘The father of science fiction’. People have differing opinions about war. Some people believe you can begin and end one without any unnecessary bloodshed‚ however there is not enough evidence to suggest this and I would go as far to say that the inverse is true. In the 10‚000 years settled humans have been on the planet‚ war has always occurred. We cannot officially know when it started and no one will know when it
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After read this book‚ I have to say Kurtz is a complex man. He is the chief of the Inner Station which belongs to a company. The company is a Belgian company which plundered the ivory in Congo as matter as a hatter. Actually‚ Kurtz was the man who wanted to bring the civilization to Africa but at last‚ he corrupted‚ becoming a greed and crazy European colonist. First of all‚ it can be easily seen that Kurtz was greed extremely. He had a strong desire for ivory. All of what he thought was ivory
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The Ugly Duckling In this story‚ you will read about someone who was misunderstood. Be able to tell how this someone became happy. Tell also in what way this story could apply to people. It was a fine day and the sun was shining gloriously. The fowls and the other animals in the farm were having the time of their lives. The goats and cows were grazing contentedly. The hens were busy scratching for worms‚ while the ducks swam about in the big pond. Once in a while the ducks would tip upside
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