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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a peaceful method to memorialize the attacks without instilling fear? Electronic poems are one of those methods as they vitalize poems into stories that readers can interact with and understand. Otagaki Rengetsu and Ingrid Ankerson’s “Murmuring Insects” is an electronic poem that utilizes sounds‚ images‚ and texts that provide readers with the opportunity to interact and peacefully remember the attacks of 9/11. The poem’s initial scene establishes a peaceful mood by the sounds of the murmuring
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Science Investigatory Project LAVA LAMP [pic] Background of The Study A lava lamp is a decorative tube-shaped light fixture containing a colored‚ oily fluid that flows up and down throughout the lamp chamber in a manner reminiscent of molten lava. As the fluid rises and sinks in the lamp chamber it changes shape and breaks into globules of various sizes‚ giving a psychedelic effect of constantly shifting patterns. Credit for the creation of the lava lamp is given to English engineer
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A case study on Blade Int Corporation about Inflationary effect 1. How could a higher level of inflation in Thailand affect Blades (assume U.S inflation remains constant)? Although the Blades have already a decreasing demand for “Speedos” and the rate of inflation is high relative to U.S inflation rate. It will affect the current account of Thailand which would be expected to decrease and due to this scenario the exports of demand for other countries will also decline. 2. How would Blades
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used insect images in The Pedestrian that suggests that with the increasing number of people using technology it will trap and destroy us. Bradbury writes "During the day it was a thunderous surge of cars‚ the gas stations open‚ a great insect rustling and a ceaseless jockeying for position as the scarab-beetles‚ a faint incense puttering from their exhausts‚ skimmed homeward to the far directions." In this excerpt Bradbury has compared the rusting of cars to that of the rustling of insects. Rustling
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“American Chemical Corporation” Case Summary The key problem in this case is should Signal decide to approve the acquisition of the Collinsville plant at the price and on the terms proposed in the case As per an agreement with the government‚ American Chemical Corporation needed to sell the Collinsville plant after the acquisition of Universal Paper Corporation‚ or it be in violation of the anti-trust law. In the case‚ Signal agrees to buy the entire assets of the Collinsville plant at the price
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SUBJECTIVE PERFORMANCE MEASUREMENT: MULTI-CASE STUDY BASED ON CHINESE CORPORATIONS Gao Chen and Tang Guliang Business School‚ Beijing Technology and Business University‚ China and Business School‚ University of International Business and Economics‚ China Abstract Subjective performance measurement is a new hotspot in recent year western management accounting and motivation theory study. However‚ until now‚ there has been little research regarding the application of this theory in China. In order
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1. The audit risk model is composed of four risks. The planned detection risk is a factor of inherent risk‚ control risk‚ and acceptable audit risk. Planned detection risk is the risk the auditor fails to detect misstatements and will increase or decrease dependent on the level of risk in the other three factors. If the auditor determines it is expected that misstatements is highly likely than inherent risk increases and create a higher demand for evidence. As the same with control risk‚ the
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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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1. The “crisis of confidence” on the public accounting profession was not something that happened overnight and it is not the fault of one group of people or individuals. The accounting profession is partly to blame for this crisis‚ as the necessary rules‚ regulations and guidelines were not in place to hold companies and accounting firms responsible for their actions. The lack of regulations also allowed companies to partake in misleading transactions. These transactions were perfectly legal
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