Dongfeng Motor Corporation

INTRODUCTION Section 183 of corporation act states that a person must be director, officer or an employee of the company and have excess to relevant information must use that information with proper way which will be not for the advantage or gain of him or for someone else. This section imposes some duties like a person who have information must not use it with improper way. The use of information will be just for the corporation person and will not for the self-gain or for self-advantage. If a…

As technology progresses, our customer protection laws struggle to keep up with the new and invasive ways that companies and large corporations collect personal data from the public. The NSA’s collection of data and tracking of digital activities has raised an increasing amount of concern with the public. Advertising companies also utilize this type of marketing, though it is far less known amongst the public. Social media has created a new way for these companies to gain access to deeply…

Limited Liability Companies (LLCs) Advantages of LLCs A limited liability company (LLC) is seen as “combining the most advantageous features of partnerships and corporations” (Kubasek, Browne, Herron, Dhooge, Barkacs, 2015b, p. 266). Perhaps the most significant aspect is the variety of choices the LLC has upon its inception which are included in the operating agreement. “[T]he enormous flexibility and contractual nature of the LLC may provide advantages such as clearly negotiated and defined…

advise Shania that the current economic environment the best option for the formation of her company is that of a Limited Liability Company, or LLC. This is because it offers the pass-through tax status and the safety of liability protection of a corporation. This would allow her to only be taxed once like a sole propriety or a partnership, which helps small-business owners keep their earnings. However, remove the personal liability as any action against the business can only act against the…

Limited liability companies are actually a form of legal entity that can be viewed as both a mixture of a general partnership and a corporation. LLC’s combine those two businesses kind of like a melting pot to take the best of what each has to offer. I believe that you will find an LLC’s most attractive view point is that if the situation that I previously stated happens, where a partner…

corporations should still be liable for the low wages and abuses that occur abroad, whether or not they are intentional. Deavers is an example of an individual who is one of the reasons why some companies, like Walmart, fail to assume corporate responsibility…

year. Ohio Rev. Code Ann. § 2305.11(A). Generally, an individual shareholder may not bring a legal malpractice action against an attorney that is employed by the corporation itself. See e.g. LeRoy v. Allen, Yurasek & Merklin, 114 Ohio St. 3d 323. When a lawyer counsels a corporation, the lawyer has a relationship directly to the corporation and not to any of the shareholders. Ohio Rules of Prof 'l Conduct R. 1.13(a) (2011). In Ohio, courts adhere to a strict privity rule which states…

Interconnectedness Is a Formula for Success-Ashwin shetty Interconnectedness comes from the verb interconnect. Interconnect means to link or to network or to join; therefore, interconnectedness means linkage or network. It is the act of people or things being closely joined or related. Success depends profoundly on interconnectedness both for a business or for a person. Many organizations in profit and non-profit making systems have perfected the act of interconnectedness. Learning institutions…

Introduction The aim of this report is to discuss and compare two entrepreneurs who have founded companies which have become successful and well know in their industry. This report presents the success and obstacles of each entrepreneur as faced throughout the building of their companies. Entrepreneur (Background) Darren McKenna moved to Ireland 15 years ago from America. Academically he did do very well as in his leaving cert he only got 150 point. From there he went on to attend pulse…

Case Activities 3 Discharge in Bankruptcy In this case, Joseph Harman, the president of Carter Oaks Crossing was loaned $400,000 by Caroline McAfee. Harman signed a promissory note that specified the company would repay the amount of the loan with interest in installments in which the installments would begin in 1999 and end in 2006. Harman signed a personal guaranty with the promissory note. Carter Oaks Crossing eventually defaulted on the note causing McAfee to sue Harman for payment under…