Corporation Statement of Facts: Sandra Seller wants to form a corporation. She has a thriving business in which she buys cheap jewelry and then re-sells it at her store at a substantial profit. She needs some extra cash right now to buy a new store and she does not want to risk her personal assets by taking out a loan. Therefore‚ Sandra has decided to form a corporation. Sandra would like to sell shares of her business to anybody who is willing to invest in her company‚ but she wants to limit the total number
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Ethics Case Study: Coca-Cola Business Law April 21‚ 2013 In the case of Coca-Cola vs. Joya Williams for conspiring to steal trade secrets and then sell them to a competitor‚ Joya Williams showed that she was very unethical and lacked judgment in how she handled herself. The fact that she was in deep debt and was unhappy with her job should not have meant that she needed to steal from her employer so that she could get ahead. Many people are in the same boat that she was in but
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Laws are an intrinsic part of our lives and are necessary for the common good and welfare of society. Black’s Law Dictionary‚ as quoted by Melvin (2012)‚ defines law as a “body of rules of action or conduct prescribed by controlling authority‚ and having legal binding force.” In other words‚ laws are rules of behavior that are legally binding and are enforced by a controlling authority. Laws affect many aspects of our lives in ways that we may not even think about: we pay our taxes‚ observe
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Law Business Law. . March 21‚ 2005 Every year business and individuals file for bankruptcy it has almost become common practice to do so. Bankruptcy is a legal procedure that begins when an individual or business that can’t pay their debts to creditors. Sadly enough‚ there were as many bankruptcy cases filed in federal courts‚ as there were all other cases. The American bankruptcy law almost encourages debtors who are unable to pay their debts to file for bankruptcy. Is filing bankruptcy
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Legal Issue A paper submitted in the course of Business Law BUS/415 University of Phoenix March 16‚ 2008 Introduction Agency Law in a Business Environment A principal is the party who employs another person to act on his or her behalf; an agent is a party who agrees to act on behalf of another. In order for the agent to successfully fulfill their tasks for their principal’s they have duties that they are expected to fulfill. The duty to obey instructions‚ to act with skill‚ loyalty‚
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included pollution and other harmful effects. People need to shift their views to the alternative energy resources such as ethanol‚ alcohol extracted from fruits. Food consumption should never be sacrificed‚ therefore‚ using fruit wastes is wiser. Santol is locally abundant fruit with popularly eaten pulps and normally thrown peelings. The study focuses on extracting ethanol from Santol peelings‚ using white and brown sugar‚ and comparing it to the commercial in flame propagation‚ duration‚ temperature
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Constitutional Rights Business Law I Dave Walker November 07‚ 2005 Kudler Fine Foods is a gourmet establishment. The first store was opened in 1998 and was such a success that many more will be opening. This gourmet shop was created in the vision the owner was searching for: a place where gourmet foods can be purchased at an affordable price. Kudler Fine Foods employs many employees. These employees have rights that must be adhered to. The two main issues that will be discussed is the
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explain in detail how a GmbH is liquidated and which reasons there might be to do so‚ while putting emphasis on the laws concerning the act of liquidation. This term paper is meant to serve as an overview about the liquidation of german GmbH´s. Chapter 1: Liquidation of a GmbH The type of company you will find most often in Germany is the GmbH‚ which is governed by the Law Concerning the Private Limited Companies (Gesetz betreffend die Gesellschaften mit beschränkter Haftung‚ abbreviated
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Resolution*: Jerry Maguire Case Study by Hana Jurcovicova For our case study assignment we watched a short part from Jerry Maguire movie. In this movie Jerry Maguire is a sport agent. This kind of job was always his dream. But he is not happy in his job. He hates himself and what he became. He hates the company that was all about money. He learned when he first started‚ that the job of a sports agent is mostly about personal relationship‚ caring for people doing business with and meeting
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The legal environment of business and online commerce: Business ethics‚ e-commerce‚ regulatory‚ and international issues. (5th ed.). Upper Saddle River‚ NJ: Prentice Hall. Cooper‚ S. B. (2006). Case Scenario: Grocery‚ Inc. Retrieved from the University of Phoenix‚ Week Four‚ Resource‚ BUS 415 – Business Law Course Web site: https://ecampus.phoenix.edu/secure/resource/resource.asp. Lawyers.com. (2009). Getting Out of a Contract. Retrieved September 4‚ 2009‚ from http://business-law.lawyers.com/Getting-Out-of-A-Contract
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