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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pharmaceutical transnational corporations regarding research‚ production and distribution of drugs. (15 marks) An example of an issue with pharmaceutical drug corporations is the ethics associated with researching the drugs. For example‚ Pfizer caused an international scandal when they illegally tested a drug to cure meningitis in Nigeria. 11 children died due to not enough research into the effects of the drug on children. This is an ethical issue‚ as if Pfizer had done effective research‚ and received correct
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Executive Summary Statement of the problem In October of 1979‚ the American Chemical Corporation (ACC) began looking for a buyer for the Collinsville‚ Alabama plant after successfully acquiring 91% of the shares of Universal Paper Corporation. Dixon Corporation‚ a specialist chemical company with customers primarily in the paper and pulp industry agreed to the possibility of purchasing the Collinsville plant for $12 million. This purchase will diversify Dixon’s product line‚ adding the sodium
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125: Research Paper Performance Enhancing Drugs Maximilian H. Szeto Vancouver Island University November 26‚ 2014 Instructor: Richard Arnold Engl 125: Research Paper Performance Enhancing Drugs These days‚ it seems like performance enhancing drugs are the norm in the professional sports worlds. Whether it is football or basketball players‚ many professional athletes are getting exposed to PEDs. As a result‚ a lot of athletes are consuming performance enhancing drugs because
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FOOD CORPORATION OF INDIA ISO 9001:2000 CERTIFIED An opportunity to be a part of the Organization which plays a key role in providing food security to the nation The Food Corporation of India (FCI)‚ one of the largest Public Sector Undertakings dealing with foodgrain supply-chain management‚ intends to recruit Management Trainees for manning posts in its depots and offices spread all over the Country. Online applications are invited from Indian Nationals who fulfill the prescribed qualifications
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Research Project Introduction The creative industries are often fast paced and innovative‚ requiring constant monitoring in order to remain up to date and knowledgeable with the latest phases and trends (Parkman et al‚ 2012). More specifically‚ the publishing industry is highly competitive and evolving‚ particularly fuelled by the evolution of technology (Leurdijk et al‚ 2012). The purpose of this essay is to research and demonstrate commercial awareness within the publishing industry based
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Personal Care period 4 Michelle Manobanda 2012 The FDA permits the use of mercury compounds in eye makeup at concentrations up to 65 parts per million. The preservative thimerosol‚ found in some mascaras‚ is a mercury-containing product. Mercury is associated with a host of health concerns including allergic reactions‚ skin irritation‚ toxicity‚ neurological damage‚ bioacculumation‚ and environmental damage. Mercury readily passes into the body through the skin‚ so normal use of the product results
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Enron Corporation: THE RISE AND FALL; ACCOUNTING SCANDAL Submitted To: Professor Bill Bristol Submitted By: Kenneth Rhodes‚ Jr. Metropolitan College of New York (MCNY) TABLE OF CONTENTS I. ABSTRACT...............................................................................................................................2 II. purpose and service....................................................................................................3 III. HistorY.............
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Intro: Mercury can be used in many different products such as barometers‚ florescent lamps‚ and electrical switches and can be in the fish that we eat‚ whether the fish was caught in a local lake or bought from the grocery store. Mercury is a naturally occurring element in the earth’s crust that can be moved around from volcanoes‚ coal burning plants‚ mining‚ and other natural or human actions. “Mercury is well-documented as a toxic chemical that is atmospherically transported on a local‚ regional
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Jide Wintoki From: Richard Smith‚ Scott Mitchell‚ Zack Gregory Re: Mercury Athletic Acquisition Based on our analysis of Mr. Liedtke’s base case projections for a potential acquisition of Mercury Athletic‚ we have concluded that this is a positive net present value project‚ and that AGI should proceed with the acquisition. Under Mr. Liedtke’s operating assumptions‚ we calculate the value of Mercury’s discounted cash flows to be $624.446 million‚ and the acquisition price to be $156.643 million‚ yielding
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