There are many ways a corporation can be classified; however the best way to classify a corporation is by knowing the characteristics that makes a corporation. The unique characteristics of corporations are consist of limited liability of stockholders‚ free transferability of shares‚ perpetual existence‚ and centralized management. In relation to John Marshall who is the chief justice in 1819 defined corporation as an artificial being‚ invisible‚ intangible‚ and existing only in contemplation of
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Should the American Government Bring Back Flogging? In his article “Bring Back Flogging‚” Jeff Jacoby advocates flogging as an excellent means of corporal punishment. Even though flogging has been “out of fashion for at least 150 years” he insists that flogging should be brought back to replace the more conventional method of imprisonment (193). In addition‚ Jacoby is convinced that flogging offenders after their first conviction can deter them from going into a professional criminal career
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Analysis part III Apache Corporation Carrie Rainbolt MGT521 June 11‚ 2012 Elaine Earle Business Analysis III Apache Corporation was formed in 1954‚ based on the idea of becoming significant and prosperous in the oil industry. The company took $250‚000 of investor capital‚ paired it with fierce determination and now Apache Corporation is considered one of the top independent oil and gas exploration and production companies in the world ("Apachecorp.com"‚ 2012). Apache Corporation operates
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Running Head: MARKETING PLAN Introduction The Toyota Corporation has a unique business philosophy‚ even in the hard times of the economy they stand up and out for their employees and their business processes. Toyota’s mission statement is "To attract and attain customers with high-valued products and services and the most satisfying ownership experience in America" (Toyota.com‚ 2011). They have exceeded in their mission to do this as well as in their vision to be the most successful and
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American Government Simone John Colorado Technical University American Government The American Government and Public Affairs are divided into two house principle that compose of elements which are directly‚ elected by the people of the United State in high frequency‚ which were select the state in low frequency. According to the article noted‚ the limited executive with all the jobs of a king which have few powers of one’s independent‚ judiciary appointed for life
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Given the candidates’ responses to the question "Should the government control access to information on the internet?" Who would receive my vote? Why? Should the government control access to information on the internet? No‚ I believe if government controlled what was on the internet it would be like the Nazi control all over again‚ where the people are not free and cannot express themselves. It would go against our freedom and be impossible to control. My vote would go to candidate three‚
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Double Taxation Double Taxation: Depending on what special rights and restrictions are attached to the shares‚ and how the profits of the corporation are paid out to the shareholders‚ there is the possibility of double taxation: the corporation must pay taxes on its profits and the shareholder may be subject to taxation on the profits paid out. This can result in greater taxation than if a corporation was not used for the business. C corporations pay taxes on profits when corporate income is distributed
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Introduction. Multinational corporations (MNC’s) also known as International Corporation‚ transnational corporation‚ global corporation and many more. Due to the political changes that have occurred during the years‚ the opportunities for multinationals corporations have increased considerably. As a fact multinationals corporations are growing with rapidity. For example in Mauritius we have KFC‚ Mac Donald’s‚ Pizza hut which are all multinationals and have branches throughout the island. According
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The federal government of the United States is made up of three different branches: legislative‚ executive‚ and judicial. They ensure the government is effective and that all citizens’ rights are protected. Each branch has its powers and responsibilities‚ including checking and balancing the amount of power and organization that each branch has. The terms “checks and balances” refers to the job that each branch has in order to make sure that political power is not concentrated in the hands of individuals
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Harnischfeger Corporation Teaching Note INTRODUCTION The purpose of the "Harnischfeger Corporation" case is to expose students to the managerial motives for making major financial reporting policy changes. Generally accepted accounting principles (GAAP) allow companies wide latitude in the choice of accounting policies. After a firm chooses a set of accounting policies‚ current accounting rules permit changes from one alternative policy to another at the discretion of the management
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