CHAPTER 1 ------------------------------------------------- AN OVERVIEW OF FINANCIAL MANAGEMENT 1. Which of the following statements is CORRECT? a. In most corporations‚ the CFO ranks above the CEO. b. By law in most states‚ the chairman of the board must also be the CEO. c. The board of directors is the highest ranking body in a corporation‚ and the chairman of the board is the highest ranking individual. The CEO generally works under the board and its chairman‚ and the board
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Agency And Discrimination Law - You Decide Travis J. Washington MGMT 520 Q1. CEO of TEDDY’S SUPPLIES Memo To: CEO of Teddy’s Supplies From: Legal Counsel CC: Travis Washington Re: Termination of Miss Virginia Pollard Date: April 3‚ 2015 as the employer of Virginia Pollard‚ Teddy’s Supplies is liable for gender discrimination which is a violation of Title VII. Title VII of the Civil Rights Act of 1964 prohibits any form of employment discrimination against new applicant workers
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Business Law Tutorial 11 1. [ Refer notes - creation of agency ] 2. [ Refer notes - Duties of Agent to Principal ] 3. [ Refer notes - Duties of Principal to his Agent ] 4. 4 remedies available: Principal may repudiate the contract - Section 168 Contracts Act‚ 1950 Principal may recover the bribe from agent - Section 169 Contracts Act‚ 1950 Principal may refuse to pay commission to Agent Principal may dismiss agent for breach of duty 5. [ Refer notes - Termination
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Truly Lokot English Composition II Dr. Elizabeth S 12 2 2014 TV:Could you be with or without it? Television or TV has been considering people’s favorite technology that helps in a way of communication. Television brings quality of pictures and sounds in every home viewer around the world. Also‚ television might be seen almost everywhere like in the mall‚ hospital‚ school‚ and other places. Besides‚ the name television comes from Greek word tele meaning far‚ and the word videre‚ meaning to
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would be the case in the absence of the elasticity concept. b. Elasticity provides us with a better rationale for statements such as an increase in x will lead to a decrease in y than we would have in the absence of the elasticity concept. c. Without elasticity‚ we would not be able to address the direction in which price is likely to move in response to a surplus or a shortage. d. Without elasticity‚ it is very difficult to assess the degree of competition within a market. 3. The price elasticity
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Gonzalo Prando Business law September 24‚ 2014 Chapter 5 and 6 5.3 Did Indiana Bell or Indianapolis Power breach their duty of care to Jacobs and proximately cause his death? No‚ Indiana Bell and Indianapolis Power are innocent and did not cause the death of Jacobs. When Indiana Bell and Indianapolis Power put up the polls they did not think that someone would drive double the speed limit and lose control and hit both telephone poles. The poles were twenty-five feet away from Edgewood Avenue. Twenty-five
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Chapter 5 – Crimes Nature of Crimes Crimes are public wrongs- acts prohibited by the state or federal government. Typically classified as a felony or a misdemeanor: Felony- A serious crimes such as murder‚ sexual assault and involve significant moral culpability on the offender’s part. These are punishable by lengthy prison sentences‚ fines‚ loss of voting rights‚ revoking of professional licenses. Misdemeanor- A lesser offense such as disorderly conduct or battery resulting in minor physical
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Role and Functions of Law Astrid Vargas ETH/321 June 15‚ 2015 Kevin Spiering Role and Functions of Law Purposes of law are to provide for some system of order that defines crimes and levies punishment for violation of the crimes; the government to protect the people creates laws. Laws are considered a structure of rules that are imposed through social institutions with the attempt to ensure consistency and fairness. Then there are courts; a court is a tribunal that has the mandate of
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Local law enforcement is made up of a city’s police department‚ a sheriffs department‚ and some small town police departments. The local city police have the job of patrolling the streets for law violators‚ traffic violations‚ criminal investigations‚ and also providing crowd control. Most counties have a sheriffs department that can handle its crimes. The sheriffs department has the responsibility of handling the local jails; they are bailiffs in the local court rooms‚ they are coroners‚ as well
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Functions and Role of Law in Business and Society LAW/421 April 3‚ 2013 Richard Geisler The Importance of Law Law such a small word with so much meaning. It’s the body of rules of action or conduct prescribed by controlling authority‚ and having legal binding force (Melvin‚ S.P.‚ 2011). This word in business and society helps promote and maintain order. Without having any laws‚ rules or regulations people would feel free to do what they want without any repercussions‚ punishment
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