corporations outline Georgetown University Law Center Prof. James V. Feinerman Fall 2012 I. Agency‚ Partnership and Limited Liability Companies 1 AGENCY Agency is a fiduciary partnership that results from the manifestation of consent by one person to another that the latter shall act on the former behalf & subject to his control‚ & consent by the latter so to act. E.g. Shareholders (principals) – officers (agencies). Principal: Has power to dictate how the agent will
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Marriott Corporation: The Cost of Capital April 2012 Executive Summary Determining the appropriate cost of capital for new investment projects for a diversified company like the Marriott Corporation is not an easy endeavor. However‚ it is an important exercise because the more effective the process‚ the better it can help to support the company’s growth objective with its financial strategy. The four components of the financial strategy are: manage rather than own hotel
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a) Factual Review Questions Chapter 6 2. Explain why the implementation of total quality requires cultural change. It has been said that every company‚ either big or small‚ has an organizational culture. This “culture” is‚ in short‚ the manifestation of the values and traditions that guide the everyday operation of a business organization. This “culture” is typically deeply entrenched in the mentality or the firm‚ from management‚ down to the last employee. Therefore‚ a successful implementation
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Statement of Purpose - Civil Engineering (SOP) In this essay I outline my academic and extra-curricular accomplishments. Also discussed are my career objectives and the motivation to pursue the graduate program in Civil Engineering at the University of Massachusetts‚ Amherst. The undergraduate curriculum in Chemical Engineering at IIT‚ Kharagpur‚ introduced me to a wide gamut of subjects‚ both in and outside the field. Various courses like Mass Transfer‚ Heat Transfer‚ Fluid Mechanics and
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Ethics a. In light of the contractor’s numerous suggestions for changes to the project‚ is the owner somewhat justified in seeking additional offers? Yes‚ the owner has the right to seek additional offers‚ but should not be allowed to use the ideas of the contractor who had already won the bid if they decide to go with another offer. b. Is it premature for a contractor to offer price-cutting suggestions prior to signing a contract? Why or why not? Yes‚ I find it premature for the contractor
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on what special rights and restrictions are attached to the shares‚ and how the profits of the corporation are paid out to the shareholders‚ there is the possibility of double taxation: the corporation must pay taxes on its profits and the shareholder may be subject to taxation on the profits paid out. This can result in greater taxation than if a corporation was not used for the business. C corporations pay taxes on profits when corporate income is distributed to owners (shareholders) in the form
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With reference to the case‚ investigate how self-assuredness‚ impacting and arranging systems could help Ralph‚ HR Chief‚ and show why the methods proposed may be successful in this circumstance. No less than two methods for every range must be secured. Confidence is the capacity
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KETAN CONSTRUCTION LIMITED Short-term bank loans / facilities Long-term bank loans / facilities PR 3 CARE BBB Ratings CARE has assigned ‘CARE BBB’ (Triple B) rating to long-term bank facilities and PR3 (PR Three) rating to short-term bank facilities of Ketan Construction Limited (KCL) for an aggregate amount of Rs.174.81 crore‚ including outstanding working capital demand loan as on May 15‚ 2009 of Rs.11.81 crore‚ sanctioned fund based working capital limits of Rs.23.00 crore and sanctioned non
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Written Analysis of the Case –WAC Benguet Corporation 1. Statement of the problem The Benguet Corporation refused to submit concentrate samples to the Philippine Associated Smelters and Refining Corporation (PASAR). The Benguet Corporation faces shortage in producing their products and complying its contract to Mitsubishi Metal Corporation and complying the LOI. 2. Analysis of the case Strengths The Benguet Corporation is the major producer of copper concentrates. It was the oldest
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LARGE CORPORATIONS MEAN BUSINESS! ANTHONY J. FRANKO ENG 122: ENLISH COMPOSITION II INSTRUCTOR SHANNON BILUNAS JANUARY 7‚ 2013 Large corporations such as Wal-Mart or Home Depot often come under criticism for putting mom-and-pop shops out of business. While this may be a valid criticism‚ the consumers neglect to realize that they play the biggest part in shutting these businesses down. Consumers across the country are always looking for the best deals or the lowest prices‚ and in most cases the
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