Characteristics of Corporations Corporations represent an important type of organization. Their unique characteristics offer advantages and disadvantages. Advantages of Corporate Characteristics Separate legal entity: A corporation conducts its affairs with the same rights‚ duties‚ and responsibilities of a person. It takes actions through its agents‚ who are its officers and managers. Limited liability of stockholders: Stockholders are liable for neither corporate acts nor corporate debt
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The sea is … a lion’s roar a shark’s restaurant a quilt of blue a surfer’s paradise The sea is … a leaking ink cartridge the eyes of a fair haired child the sound of the crashing waves a shiny blue sheet hugging the shore a blue lagoon blue nothingness God’s tears a deadly suffocating machine a mermaid’s kingdom water‚ alive a flooded land occasionally death when oil tankers spill a fish’s home white horses riding on a blue carpet a bowl of salty water
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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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Application of Old Testament Law in Today’s Society Bobby Barnett OBST 591 – Old Testament Orientation 1 Professor Keith Lester 5/31/2012 Introduction Christians today are divided along the lines of the Old Law recorded in the Old Testament‚ and the New Law recorded in the New Testament. The majority of lay persons regard the Ten Commandments with reverence‚ as do the majority of Churches. How does today’s Church decide whether to follow the law or to trust in the saving Faith of God’s
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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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the chargers he can look into if he decided to take it to the court or alternatively settle by other resolution. Duty of care with Negligence “Negligence as an important element in law of tort requires more than mere lack of care”. A claimant who wishes to sue in negligence must show: That the defendant owed him a legal duty to take care; That there was a breach of this legal duty by the defendant; and That the breach caused him recoverable damage. Under the Tort of Negligence in Singapore
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INTRODUCTION TO INVESTMENT What is Investment? An investment is the choice by the individual‚ after thorough analysis‚ to place or lend money in a vehicle (e.g. property‚ stock securities‚ and bonds) that has sufficiently low risk and provides the possibility of generating returns over a period of time. Placing or lending money in a vehicle that risks the loss of the principal sum or that has not been thoroughly analyzed is‚ by definition speculation‚ not investment. In the case of investment‚ rather
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Is Globalization A Good Thing? With globalization rapidly expanding it is on the mind of people around the world more than ever. Some of the main topics of globalization include topics such as‚ its effect on the social value system‚ the positive and negative effects on the concept of globalization and what it can contribute to the world. Also‚ what happens when a non-indigenous value structure is introduced‚ and how it can affect one’s identity? The effects of a globalized social value system
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A STUDY ON INVESTMENTS IN FINANCIAL MARKETS AT IIFL LTD ABSTRACT A financial market is a market in which people and entities can trade financial securities‚ commodities‚ and other fungible items of value at low transaction costs and at prices that reflect supply and demand. Securities include stocks and bonds‚ and commodities include precious metals or agricultural goods. The project “Investment in Financial Markets” gives a brief idea regarding the
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Sharon Draper Sharon Draper was born in 1952 in Cleveland‚ Ohio. The oldest child of Victor Mills who was a hotel maitre’d‚ and Catherine Mills‚ who worked as a advertising manager for the Cleveland Plain Dealer. Catherine always read to her three children each night starting when they were very young. By the time Sharon began school she was already known to be the bookworm. Victor and Catherine encouraged their kids to try to study and work hard‚ and as a result they could reach whatever goal
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