The Corporation

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    It has come to by attention that you are the sole proprietor of your business. I believe it is in your best interest to switch from this form to a corporation. Currently, as a sole proprietor you are at fault for everything that goes right and wrong within the scope of your business. Also, you are losing out on capital gains by acting a sole proprietor. I hope this letter will be enough to convince you to switch over to a corporate run business. Firstly, you earn and take in all of your revenue,…

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    contribute essentially to economical growth and developments through community development and other related projects that assists in empowering the development of local economies, capacity building and social capital formulation. Nevertheless, these corporations have received several criticisms concerning their style of operations in Nigeria. Chevron, on its side has received a smaller amount of criticism compared to Shell. Nevertheless, Chevron has been condemned for not being transparent with…

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    Asic Case Study

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    the problem. ASIC can choose not to exercise its discretion power, even when the prerequisites for the statutory schemes to operate has been met. There appear to be a high threshold for the law to operate. To illustrate the point, s 596AB of the Corporations Act has been criticised because of the 'subjective intention' requirement. According to the act, a person must not enter into a relevant agreement or a transaction with the intention of significantly reducing the amount of the entitlements…

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    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…

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    The Duty Of Loyalty

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    political interests onto individuals is a direct result of the FEC case and its improper definition of corruption. The corruption that manifests itself in today’s political arena stems from the increases in independent political expenditures by corporations with limited transparency that magnify the perception of a corrupt political system to citizens. Consequently, in today’s American political environment, perception is reality, because it has been found that as this perception of corruption…

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    Big Business Environment

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    Big businesses in the had a huge impact on the economy and politics, yet the way that Americans reacted to these changes was the most prominent way that these large corporation affected our daily lives. The American economy was deeply effected by big businesses, especially the outcome of the modern manufacturing system. The political aspect of our country was also affected by large businesses, they controlled the senate, therefore decide the fate of the nation. With the modern manufacturing…

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    some of them attempt to hold a social responsibility other than to the mutual benefit of the shareholders, they are effectively imposing an unjust tax on the other shareholders and stealing their property. However, Friedman does concede that if a corporation has a sole proprietor then they are free to use their company’s resources as they see fit, as it is their personal property to do with as they see fit; however in most corporation’s (especially larger ones) this is rarely the actual…

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    standards, which Apple opposition wilfully breaks them once producing their product. The exposé focuses on Pegatron Corporation, one in every of the businesses Apple contracts to assemble their product, and therefore the tin business of Dutch East Indies, whose tin is employed round the world to solder electronic elements. I’m not manduction at the bit to defend a multi-national corporation, one in every of the most important and most profitable within the world — they'll actually get all the…

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    Response to Sustainable Development. Corporations’ have had to deal with a growing public conscious to become more ‘green’ and ecologically friendly. These attempts do little improve the environment and fail to solve systematic issues. One of Redclift’s claims is corporate attempts for sustainable development may not solve environmental problems as effectively as advocates believe. He offers three pieces of reasoning to support this claim. First, Corporations were encouraged to self-regulate…

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    it has contributed to the overall growth of all nations. Multinational corporations have profoundly impacted the Business of the globalization process, and they have participated…

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