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    Corporate Personality

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    Personality is the creation of law. Legal personality of corporation is recognized both in English and Indian law. A corporation is an artificial person enjoying in law capacity to have rights and duties and holding property. A corporation is distinguished by reference to different kinds of things which the law selects for personification. The individuals forming the corpus of corporation are called its members. The juristic personality of corporations pre-supposes the existence of three conditions :

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    Case Study Giganet

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    motivates them. 3.) After considering the situation, who the decision affects, and my past experiences as CEO I would deny Giganet’s offer to buy the company out. Although I am extremely interested in a buyout, companies like Tranmeta Corporation and Arrowpoint motivate to move on with initial plans with investor in continuing to build the company until it can eventually go public. Arrowpoint, a company comparable to Giganet at one point, was able to raise $4 billion in their IPO and were

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    Sources of Finance

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    Introduction - Sources of Finance Introduction to the Sources of Finance resource. Sources of Finance Introduction This resource is designed for use with Accounting courses at A ' level. This resource is relevant to the following: * AQA Module 5, Section 14.5: 'Types of Business Organisation, Sources of Finance ' * OCR Module 2505, Sections 5.3.2 and 5.6.2 For many businesses, the issue about where to get funds from for starting up, development and expansion can be crucial for the success

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    Winter   2011                                       Personal  Management  Case:  A  Business  Partnership  Gone  Bad             By  DeEsta  L  .  Crenshaw     Writing  Assignment:  Personal  Management  Case   March  07,  2011     La  Verne  University   Personal Management Case: A Business Partnership Gone

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    Name: ________________________ Class: ___________________ Date: __________ ID: A Chapter 04 True/False Indicate whether the statement is true or false. ____ 1. Section 351 (which permits transfers to controlled corporations to be tax deferred) can be justified under the wherewithal to pay concept. ____ 2. Similar to like-kind exchanges, the receipt of “boot” under § 351 can cause loss to be recognized. ____ 3. Tina incorporates her sole proprietorship with assets having a

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    taken, is signed by all the members entitled to vote. (Please refer to chapters 6 and 22 of the BOC for further information.) If the corporation has no members or no members with voting rights, the amendment is adopted by a majority vote of the board of directors. An officer of the nonprofit corporation must sign the certificate of amendment. A nonprofit corporation formed for a special purpose under a statute or code other than the BOC may be required to meet other requirements for a certificate

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    veil is a term that is commonly used in corporate law to refer to cases in which the limited liability of the Corporation becomes unlimited to be able to impose certain responsibilities either to the particular Corporation or to the shareholders of a corporation. The idea of piercing the corporate veil has been the answer to social problems that come form the principle that corporations have limited liability. When studying limited liability in the United Kingdom it can be found that the topic is

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    / To answer the question either the nature of relationship between Jason, Tom and Rupert is the partnership relationship or not ,first we need to define what is the partnership? A partnership is the relationship between persons who carry on a business together in common with the view of making a profit. First of all we should consider, Is there any valid agreement between the parties? In this case, Jason, Tom and Rupert have no partnership agreement. The partnership agreement can be oral but

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    Business Scenario As discussed there are three different types of businesses, sole proprietor, partnership and corporations. With these businesses come many advantages and disadvantages that one will have to determine will best suit their own lifestyle. Starting a business is something very serious to plan and make sure you have the necessary financial backing to keep it running, and have the legal knowledge to keep yourself and organization covered. Lastly, if you have the knowledge and product

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    Company Law

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    in the case of ‘Hawthorn Blood Supplies Co Ltd’, which is a listed company on Australian Securities Exchange (ASX), are concerned protection of shareholder’s and creditor’s interests. We will identify possible legal issues in the relation to the Corporation Act 2001 and discuss whether they have been any breaches of relevant common law rules and statutory provisions in relation to ‘capital maintenance’, ‘share buy-backs’, financial assistance’ and ‘payment of dividends’. We will also briefly discuss

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