The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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BENT STEEL My assignment is to choose a medical diagnosis on a standard medical term. Then‚ write a four page essay written in layman’s terms about the diagnosis. I chose ALS. I can give you a definition. ALS is a neurodegenerative disease that affects nerve cells in the brain and spinal cord. I can tell you what the acronym ALS stands for. It stands for amyotrophic lateral sclerosis. I can break the word down‚ in medical terminlogy. (A-/without‚ Myo/muscle‚ -trophic/nourishment lateral/side
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You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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The Purity of Happiness The short story The Happy Man written by Maguib Mahfouz is about a protagonist which throughout the story is referred to as the “Happy Man”. The protagonist one day wakes up and finds himself to be “inconceivably happy”‚ which means this man has the feeling of unbelievable happiness. This is ironic in the sense that Maguib Mahfouz gives the reader clues to what the true situation and meaning of the unbelievable happiness is. It is the mental state known as depression. It
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Reaction Essay: The Corporation The documentary The Corporation‚ directed by Jennifer Abbott and Mark Achbar and produced in 2004‚ although bias‚ opens many doors for discussion in regard to capitalism and the role of corporations in our lives. I found the documentary to be presented professionally‚ and filled with legitimate facts more so than extreme opinion. The documentary truly outlines the "all-pervasive" role the corporation has taken as the "world’s dominant institution". The film opens
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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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1.0 INTRODUCTION: AISI 304L austenitic stainless steel is widely used as engineering materials due to its high strength and good corrosion resistance properties. However‚ AISI 304L stainless steel undergoes extensive wear and erosion when applied as components in aggressive environments such as petro- chemical and marine atmosphere [1]. Solid particle erosion is defined as the progressive loss of material from a solid surface due to mechanical interaction between the surface and some fluid entrained
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STEEL BEAM DESIGN Laterally Unrestrained Beam Dr. A Aziz Saim 2010 EC3 Unrestrained Beam 1 Non-dimensional slenderness Beam behaviour analogous to yielding/buckling of columns. M Wyfy Material yielding (in-plane bending) MEd MEd Elastic member buckling Mcr Lcr 1.0 Dr. A Aziz Saim 2010 EC3 Non-dimensional slenderness Unrestrained Beam LT 2 Lateral torsional buckling Lateral torsional buckling Lateral torsional buckling is the member buckling mode
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Business Ethics The Corporation ‘The Corporation’ had a specific aim to portray the problems of not just one corporation‚ but corporations as a whole‚ as is evident from the beginning of the film as a multitude of big business logos flashed across the screen. The film proceeded to highlight the issues surrounding: globalization and consumerism‚ environmental pollution and disregard for the planet‚ unethical marketing‚ and dishonest media. Personally‚ I feel that I’m quite open-minded when it comes
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