Case Corporation

Costco Wholesale Corporation (NASDAQ:COST) has outdone its success with business subscribers. It heavily promotes its executive membership and aims more expansion in its subscriber’s base. It has a great renewal rate. Another area where Costco excels its rivals is private label merchandise. The Kirkland Signature brand has been a great success and increasing profitability of the company. Costco is investing in e-commerce as Walmart has a competitive advantage over there. Management does…

Target Corporation is the co-developer of the threat detection system called Trident. Working with Walmart Technology Group from Chicago, MS, Trident was developed supporting the AMRDEC on Redstone Arsenal. Recently, Target and Walmart worked with the Alcohol, Tobacco and Firearms (ATF) office in Denver, CO to deploy an array of Trident systems in support of a serial shooter investigation. As part of that deployment, the ATF has identified the need to work closely with Target and Walmart to…

Trimel Pharmaceuticals Corporation is a Canadian specialty pharmaceutical company established in 2008 and head office is located in Mississauga, Ontario. It is focused on bringing innovative products to market that improve the patient experience and produce strong investor returns. Company is developing medications which are focus on Men’s Health (hypogonadism) and Women’s Health (sexual dysfunction and respiratory disorders. Company has 19 employees and holds the development or marketing rights…

Burwell v, Hobby Lobby is a court case that resulted from an issue which addresses the necessity of closely held corporations supplying birth control to its employees. The argument of this case is regarding the mandatory requirement to supply coverage for birth control. Hobby Lobby feels the mandate will also cover birth control options that also includes the abortion pill. Hobby Lobby opposed to this idea and due to their religious beliefs. they believe that they should not be required to…

CSR is corporate social responsibility. By the abbreviation, CSR means corporation becomes responsible towards society. The actual definition of CSR is not yet clear. But according to E U Commission [(2002) 347final:5] “CSR is a concept where by companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis”. CSR is based on the concept of do “good business” for a good society- today and for the next…

Inc. is an S corporation, which means certain criteria must be met, such as: a domestic corporation; limited number of shareholders (100 counts); ownership of individuals, trusts and estates; disallowance of partnership and “non-resident,” “alien shareholders;” offerings of “one class of stocks;” and considered an “ineligible corporation” (“S Corporations,” 2015);  Gustav and Heidi Lager are married; they are two individual shareholders and operators of Ale and Grains;  The corporation has 100…

themselves are obligated to various duties and responsibilities which come from three areas: the common law, statute law (The Corporations Act 2001) and a company's constitution. This article will analysis relevant director's duties which Adoni might have breached, and suggests available remedies to Desert International Gold NL (DIG). Directors duties which are related to this case are listed as follows:  Duty to act bona fide (in good faith) in the best interests of the company;  Duty to…

Corporations as People: Canadian Business Corporations Act According to the Canadian Business Corporations Act, “A corporation has the capacity and, subject to this Act, the rights, powers and privileges of a natural person” (CBCA R.S.C., 1985, c. C-44). This enables corporations their own entity, with benefits individuals themselves do not possess. Corporations have full maturity upon creation, or ‘birth’. They also have the capability for eternal life. This personhood enables Canadian…

preventing company from incurring debts 4. The directors are preventing the company from insolvent trading. Corporations Act Part 9.4B provides for two types of penal consequences, civil penalties and criminal penalties. Two kinds of civil penalties are prescribed: a pecuniary penalty of up to $200,000 and/or an order banning a person from managing a corporation for an unspecified period.4 Criminal penalties comprise a fine of up to $200,000 or 5 years imprisonment or both.5…

Step 1: Corporation or LLC action Company owners must approve the dissolution of the business. With corporations, the shareholders must approve the action; with limited liability companies (LLCs), members grant approval. For small businesses, shareholders or members are often involved in day-to-day operations, and typically know the circumstances. The bylaws of a corporation and the LLC operating agreement typically outline the dissolution process and needed approvals. To comply with corporation…