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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advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business owner‚ you are responsible
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of Nongovernmental Organization and Transnational Corporations Ever since people started to migrate and encounter new people‚ globalization has been a fact of life. Trade‚ war and movement have spread culture around the world but now with the advent of telecommunication‚ global transportation‚ and more money; Globalization is happening at rate that is alarming to some and advantageous to others. Some would say that America is the driver of the globalization vehicle and others claim that America
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the business functions in a company. How well a company chooses the proper information systems can make the difference between a successful business and a failure. This paper will discuss information systems and how they impact organizations. Information Systems Support Business Processes in OrganizationsAny modern business requires information systems to handle everything from customer information to human resources. Without information systems to handle the various tasks of an organization‚ a company
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JOY FROM PEACE WITH OTHERS I. Introduction In today’s society‚ it is an “all about me” world. Everywhere you turn‚ from TV commercials to t-shirt messages to Facebook‚ the sentiment is the same to “do whatever you want” or “look at me” or just “pamper yourself-you deserve it.” The world tells you to promote yourself and your desires. There is no focus to help others or strive together with others. Despite all of this self-gratification‚ many people‚ including some Christians‚ are surprisingly
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code has been altered‚ subtracted‚ or added (either from the same species or a different species) in order to give it characteristics that it does not have normally. A GMO is an organism whose genetic makeup is changed by humans. Some individuals trumpet genetically modified (GM) genes‚ and others‚ like myself‚ are wary of the unwanted side effects of this new technology. In this essay I will discuss my personal views on food based GMO’s and how they affect us. Let me start with the science behind
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Communication plays a vital role in the business organization‚ is essence without communication one can’t think of the existence of organization in real world. Followings are the key roles of business communication: 1. Communication develops civilized society: Communication is what has enabled us to develop the civilized society. It is one activity that we human beings clearly do better than the other forms of life on earth‚ and it largely explain our dominant role. It contributes to the development
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as is music different? Mozart’s personal style of music took over Baroque forms‚ to the ternary da capo aria and the sinfonia and concerto. However‚ over time Mozart even changes how pieces were put together‚ and the basic formal layouts changed. Composers from this period sought dramatic effects‚ striking melodies‚ and clearer textures. Mozart’s music was mostly composed in his head. In some of his letters to his father‚ he told him about imagining a piece of music in his mind and then playing
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A quick outline of how Racism differs from Ethnocentric Monoculturalism. -Racism is conscious. One does not even want to speculate on why an individual feels so traumatized about oneself as to feel the need to boost one’s own self-worth by denigrating a person of differing skin color or different cultural practices. Racial discrimination is generally forbidden by laws. -Ethnocentric Monoculturalism as defined by two of its most coherent authors (Gerald Wing Sue & David Sue in "Counseling
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Report Faculty Guide: Mr. Sourav Das ( Industry Guide) Mrs. Aarti Mehta Sharma (College Faculty Guide) INTRODUCTION CHAPTER1 1.1 Introduction: MARKET MAPPING Market mapping is used to develop a clear understanding of how a market actually works‚ looking at both the routes or channels to market and the role of influencers. A key stage in market mapping is to identify who makes the decision between alternative offers‚ as it is on these individuals/departments
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