life skill; almost every one needs to understand some concepts of finance to manage his/her business & personal finances. It is generally and quite rightfully said‚ “Money makes the world go round”. Finance is like a life-blood for a company. Even the best of the companies and CEOs go out of the business because of poor financial management policies. Management Information Systems (MIS) and Information Technology (IT) are just a part of the overall corporate strategy which runs on finances‚ the major
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References: LIMITED LIABILITY COMPANY‚ Retrieved from reference for business‚ encyclopedia of business‚ 2nd ed. Reduce Costs‚ Improve your Bottom-line‚ A-Salt group‚ LLC. Retrieved from www.asaltgroup.com Description of a Limited Liability Corporation. Retrieved from smallbusiness.chron.com/description-limited-liability-corporation-3703.html - United States Darrell Zahorsky‚ Limited Liability Company 101. Retrieved from sbinformation.about.com/cs/ownership1/a/LLC
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be in a strong competition between the telecommunication companies. The competition among these three companies is started to raise recent years in the form of providing services to their customer ‚ developing their network signals and other types of services to the customer . We can say that there are a three key-rivals companies which compete strongly to gain more and more market shares as follows: 1- Bahrain telecommunication company " Batelco " 2- Zain 3- Viva Intensified competition
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Illustration of the Conceptual interpretation of Limited Liability versus lifting the veil: The decision in Salomon V. Salomon & Co.23 The case of Salomon V. Salomon & Co.‚ commonly referred to as the Salomon case‚ is both the foundational case and precedence for the doctrine of corporate personality and the judicial guide to lifting the corporate veil. The House of Lords in the Salomon case affirmed the legal principle that‚ upon incorporation‚ a company is generally considered to be a new legal entity
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Law 494 Part 1 Shlensky v. Wrigley Facts: William Shlensky (plaintiff/appellant)‚ minority stock holder for the Chicago Cubs baseball team sued the team directors who deferred the case to Phillip Wrigley (defendant/appellee) stating mismanagement and negligence because of the refusal of the directors in installing lights at Wrigley Field‚ home field for the Chicago Cubs. Procedural History: Plaintiff original case was lost at trial and plaintiff appealed. Issue: The issue
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Faculty of Law and Management BSc (Hons) Finance-level 2 Course: Law of Association Submitted by: * Sadia Hajee ABDOULA (0810593) * Anju IMRITH (0811658) * Deeshti PURMESSUR (0811563) * Hanaa Wafiqua ANTOAROO (0811224) * M A Ata’Ullah AHSEEK (0813251) * Vimi SOOKUN (0812986) Date: 27 April 2010 [Type the document subtitle] [Pick the date] mk | cvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwe rtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopa
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physically assaulted him during an anger management session; he holds the company responsible for the employee’s action. As stated in the case‚ Chuck assaulted Wilbur during a counseling session‚ such an act is described as “intentional tort of battery” in our textbook. By making a decision to hire Chuck despite his bad work record (he was fired from his previous job for physically assaulting a client) the counseling company took up responsibility for his actions‚ thus providing the plaintiff enough
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proprietor or in a partnership are liable for the torts committed by them and for torts committed by the business and its agents. The best way to avoid tort liability is to set establish their business as a corporation or a limited liability company. A corporation or limited liability company will act as its own entity for all intent and purposes. When it becomes it own entity you will have to separate your finances from that of the business. Remember that it does not matter what type of business organization
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Mark‚ and John. Part I: Discuss the various forms of organization that are available to Penelope‚ Mark‚ and John. There are a number of different forms of organizations for Penelope‚ Mark‚ and John to choose. The four main ones are a partnership‚ Limited Liability Corporation (LLC)‚ S Corporation‚ or C Corporation. In a partnership all partners are personally liable for debts and obligations. Each partner claims their share of income and losses on their individual tax returns. An LLC covers the
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vary from $500‚000 to over $1 billion. In 1999‚ 544 companies completed an IPO(Initial Public Offering). The total capital raised from these offerings was $23.6 billion. By offering stock for sale to the public a company can access a substantial source of corporate funding. If a company needs to raise capital‚ it can sell stock(equity) or it can it issue bonds(debt securities). An initial equity offering can bring immediate proceeds to a company. These funds may be used for a variety of purposes
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