Amendment rights, as each ordinary single person. Their rights for free expression are distributed, in a form, if the corporations were persons. “The inherent worth of the speech in terms of its capacity for informing the public does not depend upon the identity of its source, whether…
organizational structure of a C corporation. A C corporation is the standard corporation, while S corporation, its counterpart, has a special tax status with the IRS. If a new corporation is formed, it is by default a C corporation. “A corporation or C corporation is an independent legal entity that is owned by the shareholders (reference180.com).” The independent legal entity means that a corporation is given many of the same legal rights as a person. This means that a corporation can sue or…
cultural differences have contributed to the deep gap, which has almost sunk a new relationship (Beotra,2016). The integration of the two organizational cultures, of the German car manufacturer Daimler-Benz and the American carmaker the Chrysler Corporation failed due to a culture clash. From the very first day of the merger, the cultural differences made the merger integration process hard for Chrysler. Despite all efforts to harmonize the two corporate cultures and to lay the foundation for a…
and visibility. (Dodd & Turner, 2000) Conclusion In closing, the overall paper discussed the quality of benchmarking in an organization. Further facts presented by case studies of the advantages and risk of applying benchmarking. From the information provided one can conclude executing benchmarking is beneficial for large corporations and small…
results from their actions upon a community, a corporation, even stock holders nationwide. Some steal pennies, while others out right take everything. Corporate fraud, a white collar crime has been legally dissected and evaluated for years. The use of corporate guidelines and government regulations has always been embedded into corporate legalities and business plans. The more modern concern is the safeguards and protocols set in place for corporations have many “Catch 22’s” that in one way…
favorable tax treatment. Which duty do you believe is higher, the duty of corporations to pay tax to government or the duty of corporations to pay dividends to shareholders? I believe that corporations have the duty to pay dividends to the shareholders. Corporations incur in double taxation; therefore, the government will tax the corporations since the taxing authorities consider the entity as taxable persons. The corporations will pay federal, state, and local tax based on the net income.…
different methods, in many cases, two companies get together and cooperate in a single instance on a project or a venture.…
similar director in the same or like situation act as this director or directors did? Hence the question becomes was his or her behavior appropriate to the situation and running of the corporation and would another director or directors behavior similarly.…
Smith believed in the law of supply and demand. 12. There are no operational objections to capitalism. 1. The persons who provide the capital to a corporation are its 1. Executives 2. Beneficiaries 3. Stockholders 4. Directors 1. Modern corporations are, in…
Jones has the opportunity to change the election of his current sole proprietorship to an S-corporation. However, he also has the options of liquidating the business as it currently stands or make the election and then liquidate the business as an S-corporation. The business assets contributed to the used car dealership belong to the sole proprietor, Mr. Jones. Liquidating the used car dealership requires Mr. Jones to repay…