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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Lily’s Consultation with Hostile Corporations Summary Lily Advisors‚ a consulting firm based in Maryland‚ Washington DC‚ working with multi-disciplined teams for discrete projects‚ had a consulting agreement with Green Acres School System in Northern Virginia to resolve some issues arising from the construction of two new high schools. Unseasonable rains‚ contractor delays‚ weather issues‚ disagreements between architects and the school board were some factors contributing to the delays. With
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Exercise 2.4 SHARE ISSUE‚ OPTIONS Prepare the journal entries in the records of Jordan Ltd in relation to the equity transactions in 2014. JORDAN LTD 25/3 Cash trust – shares Dr 750 000 Application – shares Cr 750 000 (Applications for shares) Cash trust – options Dr 10 000 Application – options Cr 10 000 (Applications for options) 2/4 Cash Dr 610 000 Cash trust – shares Cr 600 000 Cash trust – options Cr 10 000 (Transfer on issue of shares and options) Application – shares
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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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making the right decision can be confusing. Do not let the commercials steer you if you have not conducted your own research. The top of the line phones as of 2012 are the iPhone 4S and Samsung Galaxy S II. The iPhone 4S clearly surpasses the Samsung Galaxy SII due to the display graphics‚ memory‚ and camera quality. One of the most important features is the display graphics. The more pixels present in the screen‚ the better quality picture you receive. The Samsung Galaxy S II has an impressive
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an international perspective 4th Edition MODULE GUIDE 2012/2013 [pic][pic] MODULE LEADER - Derek Harwood / John Dixon-Dawson Table of Contents Important Notes 2 Introduction 4 Lecture and Seminar Programme 4 Sunspace – Module information 4 University Documentation 5 Module Feedback 5 Assessment 6 MODULE DESCRIPTION 7 Introductory Lecture 10 Introductory Seminar : Review module guide and assessment! 11 Lecture One: ‘The Strategy
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UNIVERSITY (INDIA) The School of Management & Entrepreneurship Bachelor of Business Administration Bachelor of Business Administration – L.L.B. Module Principles of Management Semester-1 (2012-2015) Module Leader Mr. Vimal A Shukla www.aurouniversity.edu.in About the Course Introduction The module is a basic introduction to some of the key theories of management. It presupposes no prior knowledge of the topic by students. The course commences by introducing
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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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Mobile social networking is social networking where individuals with similar interests converse and connect with one another through their mobile phone and/or tablet. Much like web-based social networking‚ mobile social networking occurs in virtual communities. A current trend for social networking websites‚ such as Facebook‚[1] is to create mobile apps to give their users instant and real-time access from their device. In turn‚ native mobile social networks have been created like Foursquare‚ Instagram
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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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