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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Corporation by-Laws ARTICLE I Offices 1.1 Registered Office and Registered Agent: The registered office of the corporation shall be the same as listed on the articles of incorporation and at such place as may be fixed from time to time by the Board of Directors upon filing of such notices as may be required by law‚ and the registered agent shall have a business office
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The Evolution Theory Evolutionists have failed in every endeavor to prove that evolution or evolutionary processes could have taken place. By Muneeb Baig‚ (Grade 10) Posted: 15 Safar 1423‚ 28 April 2002 The modern theory of evolution was developed by Charles Darwin‚ an amateur English naturalist‚ in the 19th century. He proposed that all of the millions of species of organisms present today‚ including humans‚ evolved slowly over billions of years‚ from a common ancestor by way of natural selection
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UV5319 May 10‚ 2010 B CORPORATION: A NEW SUSTAINABLE BUSINESS MODEL “We envision a new sector of the economy which harnesses the power of private enterprise to create public benefit.” —B Lab‚ “Declaration of Interdependence‚” 2010 Introduction Jay Coen Gilbert and Bart Houlahan were friends as undergraduates at Stanford University. In 1993‚ a few years after graduation‚ they helped start the basketball shoe and apparel company AND1. As the company grew‚ cofounder Gilbert and president
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Marriott Corporation: The Cost of Capital (Abridged) General Approach The company is split into 3 divisions Lodging‚ Contract Services and Restaurants. The WACC for each of the 3 divisions and then subsequently the entire corporation’s WACC need to be calculated. This will be done through calculating the WACC for each of the 3 divisions and then taking a weighted average of these 3 divisional WACC numbers to get the overall Marriott Corporation WACC. 1. Calculating the Beta a
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CHRISCHER L. ALANES FINANCIAL ACCOUNTING REACTION PAPER – THE ENRON SCANDAL FACTS OF THE CASE Enron Corporation was formed in 1985‚ led by Kenneth Lay‚ as a result from the merger of Houston Natural Gas and Internorth that specializes in natural gases and commodities. In 1990‚ the company hires Jeffrey Skilling to lead the trading of commodities under deregulated market and Andrew Fastow later that year (USA Today‚ 2002). Deregulation of the energy markets allowed companies to place bets
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“Radical Evolution” In Joel Garreau’s book “Radical Evolution: The Promise and Peril of Enhancing Our Minds‚ Our Bodies- and What It Means to Be Human” Garreau discusses the concept “singularity” along with views from Vernon Vinge‚ Ray Kurzweil and others. Singularity is this drastic change that will take place during a period of accelerating change in particular with technology. “The Curve implies one of the all-time changes in the rules. Those who study it call it “The Singularity”. (p.67)
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Symbols of Evolution Symbols of Evolution Two billion years ago two prokaryotes bumped into each other and formed the first multi-cellular organism. 65 million years ago an asteroid hit the earth and dinosaurs became extinct. Three days ago‚ in your notebook‚ you drew a mess of squiggles which to you represented Jackson Pollock ’s painting‚ Number 1‚ 1948. You wrote the word entropy on the upper left hand corner of the page. On the bottom right hand side you wrote‚ Creativity is based
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Color in film went through a self-contained evolution much like sound. Many films of the silent era‚ for instance‚ used processes such as tinting and toning to give an overall color to the frame (Thomspon & Bordwell 34). Thompson and Bordwell comment on the process that “color could provide information about the narrative situation and hence make the story clearer to the spectator” (34)‚ much like the use of photogénie and mise-en-scene by the Impressionists and Expressionists. Other films‚ such
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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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