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. The progressive era: in the United States was a period of reform which lasted from the 1880s to the 1920s.The goals of Farmers Alliances were to regulate railroads‚ reform taxes‚ and back money with silver rather than gold. The Populist Party officially began in 1892. The party platform called for many items including: Free coinage of silver‚ Abolition of national banks‚ Graduated income tax Increase in paper money‚ Government ownership of transportation‚ Direct election of Senators‚ Civil service
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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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Progressive Regression: A brief analysis of the post-Soviet democratization process of Azerbaijan The demise of the Soviet Union of December of 1991 did not only bring an end of the Cold War; it brought over two-hundred and ninety-three million souls spanning over eleven time zones out of the shadows that lurked behind an Iron Curtain. This unprecedented event in modern history gave birth to an era of transition for the fifteen republics that would emerge‚ providing the world with one of the most
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Progressive case analysis I. Introduction and strategy analysis Over decades operating in a highly competitive environment‚ the key strategy that makes Progressive the top three in the $165 billion US private passenger auto insurance industry is focusing on innovations and customer satisfaction. Established in 1937‚ from the beginning‚ Progressive approached the market with an innovative method by providing customers drive-in claims service and the ability to make monthly installment payments
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The Progressive Era was a period of widespread social activism and political reform across the United States‚ from the 1890s to 1920s. The main objective of the Progressive movement was eliminating corruption in government. The movement primarily targeted political machines and their bosses. By taking down these corrupt representatives in office a further means of direct democracy would be established. They also sought regulation of monopolies and corporations through antitrust laws. These antitrust
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DBQ With the era of American Reconstruction in America during the mid to late 1800’s came a sense of opportunity and hope for its people. America was on the move as nation‚ railroads being built faster than ever and the freedmen looking to find their niche in society. Although in the beginning the government provided support for these new citizens‚ efforts toward reconstruction faded as the years passed. Those efforts faded to a point where they were all but nonexistent‚ and with the unwritten Compromise
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Favoring or implementing social reform or new‚ liberal ideas is a progressive Ideal. Progressive Ideals have been used all the time throughout history. What makes a progressive‚ is when someone takes their ideas and takes action in trying to make them happen. Two certain people that fall in the categorizes of developing progressive Ideals is‚ muckraker‚ Thomas Nast‚ and cartoonist Dr. Suess. In more than one ways than another‚ both of these people have created a difference in the world in quite similar
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The progressive era directly followed the post-civil wartime of chaos and corruption. The United States of America desperately needed change. As a result of this desire for change a varied group called progressives (which were largely composed of white middle class)‚ pushed to improve America’s current condition and created a set of goals. A majority of these goals were achieved pushing America to having increased social justice‚ corporation control‚ and regulations on consumer products. However
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