CORPORATION LAW INTRODUCTION Definition and attributes of a corporation A corporation is an artificial being created by operation of law‚ having the right of succession and the powers‚ attributes and properties expressly authorized by law or incident to its existence. A corporation‚ being a creature of law‚ "owes its life to the state‚ its birth being purely dependent on its will‚" it is "a creature without any existence until it has received the imprimatur of the state acting
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Summary IAS 7 Statement of Cash Flows as issued at 1 January 2012. Includes IFRSs with an effective date after 1 January 2012 but not the IFRSs they will replace. This extract has been prepared by IASC Foundation staff and has not been approved by the IASB. For the requirements reference must be made to International Financial Reporting Standards. The objective of this Standard is to require the provision of information about the historical changes in cash and cash equivalents of an entity by
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The Target Corporation‚ what used to be known as the Dayton Dry Goods Co.‚ is an American retailing company that was founded in Minneapolis‚ Minnesota‚ in 1902. In 1962‚ the first Target store was opened in Roseville‚ Minnesota. It is the fifth largest retailer by sales revenue in the United States behind Wal-Mart‚ The Home Depot‚ Kroger and Costco. The company is ranked 33rd on the 2007 Fortune 500. Target operates its retailing business exclusively in the United States. It is a rival with Kmart
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ACF: CONGOLEUM CORPORATION Summary Congoleum Corporation has three product market segments: home furnishings‚ shipbuilding and automotive and industrial distribution. In 1979‚ First Boston Corporation bid for an LBO of Congoleum for a price per share of $38. The purpose of this analysis is to assess Congoleum as a LBO candidate and determine whether the offer made by First Boston Corporation is fair. 1. Is Congoleum a good LBO candidate? In other words‚ does this company have a lot of debt
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Symon Course School/Level Assessment Weight Submission Deadline BU/UG 50.00% 01/04/2011 Coursework is receipted on the understanding that it is the student ’s own work and that it has not‚ in whole or part‚ been presented elsewhere for assessment. Where material has been used from other sources it has been properly acknowledged in accordance with the University ’s Regulations regarding Cheating and Plagiarism. Tutor ’s comments Grade For Office Use Only__________ Awarded___________
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S.E. Hinton accurately portrays the culture of the 60’s in the novel “The outsiders”. Originally the outsiders took place in 1965. This was like the golden year for rock and roll and at its heights. This all influenced culture changes‚ style‚ and musically. Elvis Presley and the Beatles began it all. The first reason is Culture changes throughout the 60’s. The outsiders were the first story to introduce everything that happened back then. In the story‚ there were two types or groups or gangs
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SUMMER TRAINING REPORT ON CASH MANAGEMENT IN A construction company at Dehradun Submitted in Partial Fulfillment of the Requirement for Bachelor of Business Administration (2008-2011) |Project Supervisor: |Submitted by: | |Mr. Amar johri |Atul Gupta
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business‚ but he is debating whether to start a S corporation or a C corporation due to potential environmental factors associated with his business. He wants to maintain a limited liability and wants to avoid double taxation by paying himself a salary equal to his companies before tax earnings. He also would like to issue preferred stock to his son in the future to keep his interests in the business. He was advised by his friend to choose a C Corporation to maintain maximum flexibility in the business
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CORPORATION FORMATION DEFINITION An artificial being created by operation of law‚ having the right of succession and powers‚ attributes and properties expressly authorized by law or incident to its existence” (New Corporation Code) CHARACTERISTICS * separate legal entity – an artificial being with a personality separate from that of its individual owners * created by operation of law – mere agreement of the parties cannot give rise to a corporation * right of succession – continues
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the light of this that dividend decision ought to be evaluated with the aim of maximizing the firm to its shareholder through market price of the share and the current dividend. Rey holds (2001) noted that despite the common assertion that higher wealth gains to shareholders. Would result from the use of repurchases instead of dividends‚ firms continue to increases the size of dividends annually and not increases repurchase at an even faster rate. This indicates that dividend remain a mystery. The
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