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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Chopin and Billy Joel Nearly two centuries separate two of the greatest pianists of all times; yet Frederic Chopin and Billy Joel have many similarities in their composure of music. The biggest connection among the two is their love for the piano. Not only did they both enjoy playing the piano‚ it was a way of life for both Chopin and Joel. Chopin‚ a half-Polish and half-French composer from the Romantic era is known to some as the “prince of the romantics” (Zamoyski). Joel‚ an American pop
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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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Rev. Joel Osteen delivered his message to the congregation of Lakewood Church in Texas and a national televised audience. He opens his message by including the audience which set the tone. He also includes a humorous antedote to hope the audience. Then in went directly into the topic. He immediately challenged and encouraged the audience to live with confidence. Realizing their own potential instead of focusing on other. He provided receiver with examples of courage and self-esteem. He reflected
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Billy Joel and His Battle with Depression Since the early seventies‚ Billy Joel has displayed greatness with his success in music‚ and has captured America with the sounds of his catchy tunes. Many accomplishments have been made‚ such as winning five Grammy Awards and many top ten hits in the seventies‚ eighties‚ and nineties. Joel has been successful throughout the years‚ but one thing he is still trying to overcome is his depression‚ and that is a hard thing to control. As early
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Billy Joel is a very well known musician who is respected and acknowledged all around the world. I think he was an appropriate speaker for a college graduation. He used one question at the beginning of the speech that caught the audience’s curiosity‚ "Why do musicians give so much time to charitable causes?" He then branched out from there to discuss more important issues. This question helped him create an invitational environment. I think asking a question also helped him show a sense of organization
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Dr. Joel Brown’s speech Our first presentation for this class was given by dr. Joel Brown. Dr. Brown is an evolutionary ecologist. He has been a member of the UIC faculty team for about 26 years. That’s almost 4 years before I was even born. He was a chemistry major when he was a freshman in high school. The only reason that made him choose chemistry was his hobby which is bomb making. The story that made him change his major was really funny. It was because of a flyer that said‚ “fire ecology
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Allentown by Billy Joel was a song that described the troubles of the late 20th Century blue collar worker. As workers moved away from cities and jobs moved overseas in the 1980s and 90s‚ the typical blue collar worker was hurt as their unions and workplaces were closed to make way for the new serviced based economy. Specifically‚ Billy Joel is describing Allentown‚ Pennsylvania. Of which was affected by the economic turn of the 80s because most of its residents worked in Bethlehem‚ PA at a steel
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Individualism Mechanism in Modern Corporations Without guidance from morality‚ it is naturally that corporations move towards individualism to some extent. In modern corporations‚ the imbalances of enterprise ethics aggravate the phenomenon of individualism‚ which is also an extreme reaction. Bakan describes the corporation as “the pathological pursuit of profit and power”. A value of “the profit is the only rule” causes nothing but negative effects on corporations. Only under a principle and moral
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