Majority shareholders own more than half of outstanding shares in the company whilst minority shareholders own less than 50% of the share capital. Majority shareholders are usually also the directors of the company. They in effect control the operations of the company and their actions may be to their benefit. The law therefore‚ in light of this possibility provides various legal remedies available to the minority shareholder. In this case Ergan‚ Arif and Moshe the minority shareholders are unhappy
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Target Corporation is the fourth largest retailer in the United States‚ operating 1‚556 stores in 47 states. Formerly Dayton Hudson Corporation‚ Target has three main retail divisions: Target Stores‚ Mervyn’s‚ and Marshall Field’s. Target Stores is the number two discount retailer in the country‚ trailing only Wal-Mart Stores‚ Inc.‚ and has distinguished itself from its competitors by offering upscale‚ fashion-conscious products at affordable prices. The 1‚225 Target stores‚ which are located in
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Government‚ Regulation & Business Ethics The issue of business relations with government has increasingly become a key issue of business ethics. Some of the many questions raised are * Is it acceptable for corporations to use their considerable power tp shape government policy? * Is the government jeopardizing its role in protecting the public interest when politicians sit on the board of corporations? The government has a crucial role to play in establishing the ‘rules of the game’
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Features of a publicly traded company A publicly traded company‚ in essence‚ is a company that that trades its stocks in the public market. Examples of the public market are the stock exchange and over the counter market. A publicly traded company is also known as a public company. In a public company‚ the shares and stocks are not limited to a particular group of people; the stocks can be bought by anyone from the public. A public company is however required to have a minimum of two directors
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POLS 1101 – US GOVERNMENT Take Home Test: UPLOAD TO D2L by April 27 in DropBox 1. Explain the Functions and Operations of State Government from the standpoint of each of the Three Branches of State Government. a. Judicial Branch powers interpret federal laws and U.S. Constitution. They review the decisions of lower state and federal courts. b. Legislative Branch powers pass all federal laws‚ pass the federal budget‚ declares war‚ and establish lower federal courts and the number of judges. c. Executive
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Like federal agencies‚ the United States also has State and Local Law Enforcement Agencies. The local police are municipal‚ county‚ and city police officers whose purpose is to uphold the laws of their specific jurisdiction‚ provide patrol‚ and keep the community safe. State police patrol the highway and they conduct statewide investigations. We also have the county officers and they are people who runs the local jails and work the courtrooms. State and local law enforcement officers main goal is
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Commercial Law Agency An agent is determined by law. Determined by the legal implications of what the person does. Must be acting for a principal cannot stand alone. (a)Agent has the legal authority to bind or incur liability for which the principal can be responsible. The primary role of an agent is to negotiate or conclude contracts on behalf of a principal. Actions are treated like that of the principal. Consent can be determined by the Court. (b)Agent is a person who is recognized by law as
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With the rapid growth of Venture’s business‚ the shareholders of my company believe that the company should raise public capital for further expanding company’s business through changing its company type to publicly listed company. At the same time‚ getting list also can attract more investors to enable company continuous and healthy development in the future. Therefore‚ in this report‚ I will concentrate on legal procedures and their relevant issues in relation to the modification of company type
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Domestic Violence: Federal and State Legislation CJ333 Family and Domestic Violence Domestic Violence is a big problem in the United States. Domestic Violence is a problem that affects every community across the country. It affects all races‚ social and economic backgrounds‚ cultures‚ religions‚ and relationship types. When an abuser chooses to inflict abuse on his or her partner‚ it is a choice to do so. In fact‚ Domestic Violence is a deliberate pattern of abusive
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ABSTRACT In this essay‚ I am going to prove that a business organization should be socially responsible in a successful or an effective manner which will eventually benefit the company’s owners or shareholders. I will do so through illustrating the different potential effects of a business organization engaging in Corporate Social Responsibility (“CSR”). The effects that will be shown in this essay would be an increase and decrease in the company’s expenses‚ sustaining and harming the environment
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