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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I agree that the law should continue making and putting up speed limit signs. If they never put up speed limit signs our country would be crashed. There are very good reasons for them and most people disagree with these laws. Some people would be seriously injured if they did not exist. For example say you live on a really curvy road and you had to work late one night. The speed limit on you’re road was thirty-five miles per hour but‚ you were in a hurry to get home and your lights
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Texas Constitution Question #2 A couple centuries ago‚ to be specific 1827 was the year of the very first Texas Constitution. The first Texas constitution was called‚ The Constitution of Coahuila y Tejas. The population of what is now Texas was about four-thousand. Before declaring its independence from Mexico‚ Texas operated under the Mexican Constitution where there were two houses of congress. The lower house was composed of deputies serving two year terms. In the upper house‚ senators served
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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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TQM would be the relevant tool to manage all the processes that has been highlighted in this study since we can’t produce what we can’t measure‚ as a result it will then focus on the overall performance through monitoring and continuous assessment to ensure a quality of service to students. In addition‚ according to (Sallis‚ 2002:1) there are several aspects that should be featured to achieve quality in education‚ it includes the following: • The use of the latest technology • Authentic examination
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Carmell Vs. Texas Punishment is the outcome to every wrong doing someone does. However‚ there’s usually a loop hole to a crime that ends up changing the final sentence . In the case of Carmell Vs. Texas‚ the crime that the defendant was charged on‚ had occurred during the time in which the state of Texas had changed the law on the action he was accused for commiting. All Scott Carmell needed to avoid life in prison for sexually assaulting his stepdaughter was a good lawyer. It is often difficult
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Case study: Business Process Reengineering General Motors Corporation “General Motors is one of three leading automotive manufacturing companies in the United States. Based in Michigan in 1903 by Henry ford and grew to reach revenue of $150 billion and more than 370‚000 employees by 1996. In the 1970’s‚ the automobile market for the major auto makers - General Motors (GM)‚ Ford‚ and Chrysler- was crunched by competition from foreign manufactures such as Toyota and Honda. In 1999‚ Ford acquired
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The Most Imminent Threat that Texas Faces Like most states‚ Texas faces a host of problems; that stem from both cultural and environment issues‚ but unlike most states Texas is a state that shares a 1‚254-mile long border with Mexico‚ a country that has their massive problems. Geography alone has provided Texas with problems that are difficult in the best of times‚ but in this age of a huge drug problem in the United States along with the rise of international terrorism‚ those problems have grown
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Redistricting is a pressing issue‚ especially recently in Texas. The redistricting of Texas by the Republicans has caused a huge ruckus‚ making Democrats very angry. This is because the lines are being redrawn mainly to benefit the Republican Party. However‚ this is not a prohibited practice. Also‚ other factors such as population growth can be used to justify the extra redistricting. The districts in the state are currently determined by the population in an area and not by geographical size measures
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influential personalities likely to have vested interest‚ management experience and knowledge of the finance team‚ and the level of pressure management is under to perform. During the audits of Comptronix the factors that I think were present to indicate a high inherent audit risk is mainly the influence of the three leaders with a significant vested interest. Not only did they have a significant amount of stock in the company they were also the founders with probable pressure to keep the company strong
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