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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Harnischfeger Corporation Teaching Note INTRODUCTION The purpose of the "Harnischfeger Corporation" case is to expose students to the managerial motives for making major financial reporting policy changes. Generally accepted accounting principles (GAAP) allow companies wide latitude in the choice of accounting policies. After a firm chooses a set of accounting policies‚ current accounting rules permit changes from one alternative policy to another at the discretion of the management
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Origin and Evolution of Money Barter Money‚ as we know it today‚ is the result of a long process. At the beginning‚ there was no money. People engaged in barter‚ the exchange of merchandise for merchandise‚ without value equivalence. Then‚ a person catching more fish than the necessary for himself and his group‚ exchanged his excess fish for the surplus of another person who‚ for instance‚ had planted and harvested more corn that what he would need. This elementary
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JVA Corporation To: Katelyn Van Michelson‚ CEO Subject: Compensation Restructuring Dear Ms. Michelson‚ During the last fiscal year‚ JVA Corporation had a devastating net loss of $53 billion and suggestions have been made that we close a couple of the international factories to help stabilize the corporation and remain in business. As the Director of HR‚ I feel that these closures would have a negative impact on the employees and JVA Corp. The proposed closures would move the production
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MODULE M6 Financial Management of Corporate Projects and Programmes Case: TARGET CORPORATION 1. Executive Summary Target corporation has a growth strategy of opening 100 new stores per year. Doug Scovanner‚ the CFO of Target Corporation is preparing for the November meeting of the Capital Expenditure Committee (CEC). He is one of the executive officers who are members of the CEC. With the fiscal year’s
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History of Rockets Our time there has been an evolution in our history of rockets. It has been one man-kinds greatest invention for thousands of years. Rockets date back to 400 B.C in the city Tarentum from a roman writer named Aulus Gellius as he tells a story of a Greek‚ named Archytas. Archytas used his invention to amuse and baffle the people by flying a wooden pigeon using steam to propel the bird suspended off wires. Couple three hundred years later after the invention of Archytas flying
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survive in any particular niche. In summary‚ natural selection will drive the adaptation of any given population to fit the number of available niches‚ and this will create the biodiversity that is present in nature. Explain Continued evolution requires a diverse population‚ which provides the raw material on which natural selection can act. As natural selection is the accumulation of random‚ small genetic changes‚ the chances of any of these changes resulting in an organism capable of
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Fashion evolution through the years Who didn’t have been heard something about the most representative eras of the fashion‚ like 50s‚ hippie’s age‚ disco fever‚ or grunge? All these ideologies had been make an important change through the time. There exists a great evolution through the fashion of the 40s to the 90s‚ and it involves different ideologies‚ dress trends‚ shoes and hairstyles. I’m going to mention only the most representative eras of the fashion that marks a significant change in our
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Week 4 Assignment: Altex Corporation David C. Webster BUS 697: Project Management Strategy Professor: Dr. Jaclyn Krause July 22‚ 2013 Risk is inherent in any project today‚ and project managers need to constantly assess risks and continually develop contingency plans to address them. In project management risk management plans are an essential part of project planning‚ and can often time occur well into the execution phase of a project. In the case of Altex Corporation the project manager is
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