Research shows that Mr. Jones is better off forming an S-corporation opposed to a partnership. 26 U.S. Code 1361 states that an S-corporation is a company that operates domestically within the United States as well as the state in which the Articles of Incorporation are filed. It is more beneficial to be a domestic corporation because home states offer opportunities to reinstate active status to corporations who lapse in registration and taxes. If Mr. Jones fails to pay his annual taxes on time, his S-corporation status can be reinstated after he squares away what he owes within a reasonable period of time. S-corporations are allowed to distribute one kind of stock, but they are limited to having 100 shareholders or less. Mr. Jones is eligible to start his used car dealership as an S-corporation because he is a resident…
In Brown v. Cerberus Capital Mgmt., L.P., No. 17-63, Doc. 49-1 (2d Cir. N.Y. July 11, 2017), the United States Court of Appeals for the Second Circuit (the “Court of Appeals”) affirmed the District Court’s holding, which dismissed under Rule 12(b)(6) the former employees (“Plaintiffs”) of Covis Pharmaceuticals Inc. (“Defendants”) federal securities fraud claims.…
Gordon Law Offices is a family law firm that is located in Las Vegas, Nevada. Their divorce and family law areas of practice include contested divorce, uncontested divorce, collaborative divorce, and mediation. Their other practice areas include criminal defense, personal injury, wills, and estates and probate. Gordon Law Offices is a member of the State Bar of Nevada and ABA- Defending Liberty, Pursuing Justice.…
Montee Law Firm, P.C. is a law firm. Their law offices are located in Kansas City, Missouri and St. Joseph, Missouri. Montee Law Firm, P.C. is servicing clients in Missouri, Kansas, and across the country. This law firm is comprised of car accident lawyers. Montee Law Firm, P.C. is representing injured people. Montee Law Firm, P.C. does not represent insurance companies. Since 1996, they have recovered more than $250 million.…
Holy the Firm by Annie Dillard, creates an analogy between Dillard as a writer and a burning moth. This moth flies into the candlelight while she is reading and Dillard simply watched the moth burn for two hours. Dillard asks herself questions while observing the dying moth such as “Had she been new, or old? Had she mated and laid her eggs, had she done her work?”. The last question examines the fact that the moth probably hasn’t finished her job in life much like Dillard hasn’t finished the necessary things in her life before she became a writer. The author later goes on to discuss that she asked people in her class, “Which of you want to give your lives and be writers?”. By saying “give your lives”, Dillard refers to the moth burning and…
The Fox School Stakeholders are Government entities (State & federal government; governing board; board of trustees, buffer organizations; sponsoring religious organizations) Administration (President senior administrators), Employees (Faculty; administrative staff; support staff), Clienteles (Students; parents/spouses; tuition reimbursement providers; service partner’s employers; field placement site), Suppliers (Secondary education providers; alumni; other colleges and universities; food purveyors; insurance companies; utilities; contracted services), competitors (Direct: private and public providers of post-secondary education Potential: distance providers; new ventures Substitutes: employer-sponsored training programmers), donors (Individuals includes trustees, friends, parents, alumni, employees, industry, research councils, foundations), Communities (Neighbors; school systems; social services; chambers of commerce; special interest groups) government regulator (Ministry of Education; buffer organizations; state & federal financial aid agencies; research councils; federal research support; tax authorities; social security; Patent Office) non-governmental regulators (Foundations; institutional and programmatic accrediting bodies; professional associations; church sponsors ) and Financial Intermediary (Banks; fund managers; analysts) etc. The government stake in the Fox school of business is taxation, low unemployment or job creation, educate citizen so that they are productive citizen in the future and contribute to the well-being of society. The employee’s stake is rate of pay, job security, compensation, safe working conditions, pleasant working environment, respect and truthful communication. The Clientele’s stake is that they believed that the Fox school of business will provide…
Those familiar with skiing know that there are risks involved when one chooses to participate in the sport. Those risks, however, should be associated with self-inflicted harm caused by mistakes that a skier may make and not unforeseen obstacles and dangerous situations. The injuries sustained by Alex Johnson on the slopes at Bethlehem Ice Solutions (BIS) were not self-inflicted; far from it. They were the result of negligence on the part of BIS who failed to mark boundaries that separates the slopes and caused Craig to crossover onto another slope, walking directly into Alex’s path and colliding into him, causing severe bodily harm.…
References: Miller, R. L., & Jentz, G. A. (2010, 2007). Fundamentals of Business Law (8th ed.). Mason, Ohio, United States of America: South-Western Cengage Learning.…
Our team learned this week how to differentiate between types of discriminatory issues and knowing the legal considerations linked to it. This knowledge proved to be beneficial in the team’s decision on how to tackle option one of this week’s team reflection exercise. As a senior manager of a prominent security company, it is important that I look out for the company’s integrity in maintaining its mission of maintaining order, protecting property and the use of deadly force. One of our employees, Joe who recently returned from a successful two years boots in ground deployment in Afghanistan is suffering from Post Traumatic Stress Disorder (PTSD). His mental health provider made this diagnosis along with depression, anxiety, and anger issues. As the senior person in-charge of Joe, I have to make a tough decision whether to recommend if Joe should remain in or resign from the company.…
2) Is Bright entitled to specific performance because of the unique nature of the goods?…
1. The Blowout Company is a German corporation and manufacturer of the California Custom tire, a tire that is compatible…
The entire basement of the house was deemed unsafe due to a broken railing and obstructed commode as well as insufficient height,…
Children are increasingly the prime targets for marketers because they have a significant influence over family purchases (Marwick, 2010).…
A company has developed a new computer sound card whose average lifetime is unknown. In order to estimate this average, 200 sound cards are randomly selected from a large production line and tested; their average lifetime is found to be 5 years. The 200 sound cards represent a:…
This business analysis will compare the financial strength and wellness of Wal-Mart, Target, and Sears. The income statements, balance sheets, and cash flow reports for Wal-Mart, Target, and Sears have been researched to complete this analysis. The analysis will cover the period from 2008 to 2011. Some reports were unavailable because the final quarter of the year for Target ended January 31, 2012.…