One of the defining characteristics of Canada are crown corporations. Crown corporations are central to Canadian government. They remain central to Canadian life because they are part of every sector of social and economic services. From the oldest‚ Canada Post to the Royal Canadian Mint‚ they revolve around every citizens life and provide valuable services to members of the public. According to the author Jan Pavel of Crown Corporations and Government Divestment‚ Statistics Canada chooses for the
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Crown cork The crown cork (also known as a crown seal‚ crown cap or just a cap)‚ the first form of bottle cap‚ was invented by William Painter in 1892 in Baltimore. The company making it was originally called the Bottle Seal Company‚ but it changed its name with the almost immediate success of the crown cork to the Crown Cork and Seal Company. It still informally goes by that name‚ but is officially Crown Holdings. Crown corks are similar to the Pilfer proof caps‚ as usage of both products is
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2. What advantages are there for the consumer in having public utilities owned and operated as Crown Corporations? Most of the Crown Corporations are designed to meet the public needs‚ especially transportations. Since some of the private sectors are unable to provide those public needs‚ government has to open up some corporations to meet the needs. The price of the Crown Corporations is controlled by the government. The price‚ therefore‚ will be reasonable to meet the basic needs of the
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Which Canadian Crown Corporation should be privatized? Crown Corporations are government-owned entities (Stastna‚ Kazi.). An example includes the Liquor Control Board of Ontario (LCBO). LCBO stores are the only stores‚ in Ontario‚ allowed to distribute liquor and other distilled beverages; therefore‚ LCBO is a monopoly ("Beverage Alcohol Service Review: A Matter of Balance"). The main purpose of this regulation is to limit the consumption of such products in Ontario – for better health ("Beverage
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Adam Holena Physiology Venom Research Paper 5/2/2013 Crown of Thorns Starfish To many tourists the Great Barrier Reef is an exciting and relaxing destination to travel to. It holds beauty in its waters that are difficult to find anywhere else. Within the beauty however lies many varieties of marine organisms that all can inflict great harm to humans. One such organism is the Crown of thorns starfish (Acanthaster planci). When most people hear of the organism starfish‚ they think of this
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since the 1960’s‚ The Crown of Thorns Starfish have been destroying our magnificent Great Barrier Reef. Biotic factors are a major consideration of the outbreak of the Crown of Thorns‚ lack of predators and their high fertilization rate plays a massive role in this overwhelming amount of starfish. The main predator the COT meets is the giant triton snail1. But because of recent population problems making the predators lacking in numbers they have no way of reducing the crown of thorns population.
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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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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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liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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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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