The primary 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
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You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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Analysis and Interpretation: Demographic Factors: Age Of the Respondents: Age of Respondents Less than 25 35-45 25-35 More than 45 Total Frequency 14 23 9 4 50 Percent 28.0 46.0 18.0 8.0 100.0 Age Of Respondents 25 20 15 10 5 0 14 9 4 Frequency 23 ANALYSIS: From the survey it was found that amongst 50 respondents a) b) c) d) 28% of the respondents are less than 25 years old. 46% of the respondents are between 25 and 35 years of age. 18% of the respondents are between 35 and 45 years of
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Reaction Essay: The Corporation The documentary The Corporation‚ directed by Jennifer Abbott and Mark Achbar and produced in 2004‚ although bias‚ opens many doors for discussion in regard to capitalism and the role of corporations in our lives. I found the documentary to be presented professionally‚ and filled with legitimate facts more so than extreme opinion. The documentary truly outlines the "all-pervasive" role the corporation has taken as the "world’s dominant institution". The film opens
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Progressive Regression: A brief analysis of the post-Soviet democratization process of Azerbaijan The demise of the Soviet Union of December of 1991 did not only bring an end of the Cold War; it brought over two-hundred and ninety-three million souls spanning over eleven time zones out of the shadows that lurked behind an Iron Curtain. This unprecedented event in modern history gave birth to an era of transition for the fifteen republics that would emerge‚ providing the world with one of the most
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PRUDENTIAL ASSURANCE MALAYSIA BERHAD ------------------------------------------------- REPORT ON THE CURRENT INSURANCE INDUSTRY SITUATION AND EMPLOYMENT OPPORTUNITIES AVAILABLE IN THE INSURANCE INDUSTRY TERMS OF REFERENCE To investigate the current industry situation and employment opportunities available in the insurance industry‚ specifically in Prudential Assurance Malaysia Berhad. ------------------------------------------------- PROCEDURE -------------------------------------------------
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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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MARINE INSURANCE Marine insurance is the indemnity for the loss of cargo or damage to ships during the shipment. The risks that marine insurance covers are fire‚ seizures‚ wars‚ accidents or causalities which take place over the sea. The winds and waves are not included as risks in the marine insurance. The Indian Marine Insurance Act‚ 1963 is imbibed from the Marine Insurance Act‚ 1906. Though the Marine Insurance Act is deep in its insurance coverage‚ it does not provide for losses that occur
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University of Phoenix Material Insurance Matrix Directions – Matrix For each type of insurance listed in the matrix‚ identity three functions‚ three coverage characteristics‚ and three companies that offer this type of insurance. |Type of Insurance |Functions |Coverage Characteristics |Companies That Offer It | |Auto |Protect the owner of the vehicle
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any more laissez-fare officers Well before 1900 and after‚ politicians and writer had began to pin point targets for the progressive attack The social Gospel promoted a brand of progressivism based on Christian based teaching to help get better housing and living conditions for the poor. many women improved the fight for their list of needed reforms The Progressive had their roots with the Green Back labor party and the populist party II. Racking Muck with the Muckrakers Beginning
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