Corporations law

themselves through their ideas. A way to see what they’ve created through their hard work to see what they’re worth. An entrepreneur is a person who takes the risk of opening or going into a business. Whether it be a sole proprietorship, partnership, or corporation they all make a difference in other people’s lives. From Apple to a small café everybody is interacting with business. Each of them have the same role in our…

Question 1 Developing an Organizational and Global Ethical Culture and the Benefits of Business Ethics Define what is meant by an organizational ethical culture. Then, identify and describe the four primary benefits of business ethics. An organizational ethical culture encompasses various sections of the company and represents how things are done internally and externally. Ethical culture for organizations also represents the ethical behavior they present as well as the relations of an ethical…

for companies to constantly sell clothes avoiding the expenditures of using factories regulated with labor rights. Major corporations use sweatshop labor because sweatshops allow companies to benefit off of cheap labor and low production costs unlike regulated factories in America. However,…

regulated monopolies were responsible for the manufacture, transmission and sale of electricity and natural gas to customers. However, these monopolies were rather incompetent and unreliable in the eyes of the customers [7]. At the onset of the Corporation, Enron has made claims that it could revolutionize the energy industry, and the Internet [6]. Enron then began to advertise through the means of Wall Street, claiming that energy could be treated as a stock or a bond and be traded online. The…

paid $2.13 hourly, the Texas minimum wage for tipped employees (Minimum Wages for Tipped Employees, 2016). The assistant smoker and line cooks will be paid hourly, at an initial rate of $7.25, the minimum wage requirement of Texas (Texas Minimum Wage Law, n.d.). Subsequent wage increases will be based on the performance of the staff in addition to the performance of the restaurant as a whole. D. Describe what types of external advisors you will need and how they will be paid (e.g. lawyer,…

Limited liability companies (LLCs) offer business owners several advantages over sole proprietorships, partnerships and in some cases S and C corporations. Business operators who take advantage of LLC business formation can realize significant financial benefits and can also use living trusts to facilitate exchanging limited liability company ownership more easily relative to using a will. LLCs offer the asset protection enjoyed by corporate entities, are less expense to maintain and require…

Every trade and businesspersons engaging in an entrepreneurial endeavor are expected to have acquired knowledge regarding the given industry and its governing policies. To every business owner, it is vital that all relevant information is put together to compile the perfect plan as it plays an important role in the business. The information gathered and evaluated assists the entrepreneurs to have a clear vision while making the first critical steps. The prevailing economy of the country at that…

Code of Conduct Sprint Corporation, Inc. Since the beginning of trade, ethics has played into business. Although codes of conduct have been documented for many years, there still continues to be scandals in corporations concerning ethics. “The very exercise of developing a code is in itself worthwhile; it forces a large number of people...to think through in a fresh way their mission and the important obligations they as a group and as individuals have with respect to society as a whole." A…

Del. Open MRI Radiology Assocs., P.A. v. Kessler, 898 A.2d 290 -- Close Corporation This cases involves 8 total shareholders/radiologists who equally owned a practice, Fox Chase. These 8 radiologists formed a corporation, Delaware Radiology, to capture additional revenues by owning MRI centers. A squeeze-out merger at Delaware Radiology occurred after the radiologists ' underlying radiology practice, Fox Chase, split up. Delaware Radiology was divided as such: the majority (Broder Group) was…

An agency is a contractual agreement either implied or expressed; the agent is given actual authority to perform within the scope of their duties. An agency is governed by common law since it involves a service. As the manager of Acme Fireworks, I have apparent authority to hire employees on behalf of the principal. With the new expansion, determine and identify what types of employment; at will-employee 's and independent contractors…