CHECK THESE SAMPLES OF Legal Foundations in Business and the Discovery of Limited Liability Company
The Salomon decision entrenched the notion of advantageous benefits which are granted to shareholders in the form of limited liability.... More significantly, the House of Lords enshrined the notion that the company exists as a separate entity from its members – the company, therefore, took on its own personality, capable of being sued and of taking legal action, of entering into contracts, of owning its own property, and of making profits and suffering losses....
5 Pages
(1250 words)
Coursework
14 Pages
(3500 words)
Essay
An important performance measure for any company remains the query in its dealing with stock price, financial growth or customer satisfaction.... Honesty and credibility are necessary for the ability of a company to effectively compete, innovate, and provide standard-setting customer service and support and bring about corporate governance produce impeccable business ethics and retain credibility by focusing on: audit and governance and human resources and compensation....
11 Pages
(2750 words)
Essay
The essay "Reducing the Scope of limited liability and Corporate Flexibility" focuses on the critical analysis of the pros and cons of reducing the scope of limited liability and corporate flexibility.... The doctrine of limited liability allows a parent company's responsibility to be limited to its own liabilities and thereby increases the scope for risk-taking and profit-enhancing behavior, which are generally beneficial for the economy.... The analysis below examines the pros and cons of reducing the scope of limited liability and corporate flexibility....
18 Pages
(4500 words)
Essay
The textbooks include media, science, business, literature and many more.... The study presents the marketing strategy of the Foundation Library and Services (FLS).... The main vision of it is to become one of the leading libraries in Sunderland and gain profit.... FLS believes in customer loyalty by satisfying students with services provided, which raises demand for books....
8 Pages
(2000 words)
Case Study
"Audit Failure in Result of Shredded Reputation to Auditors" paper analizes the Enron case that highlights the tremendous honesty, responsibility, and ethical values, which statutory auditors have to bear in mind while performing their duties in the modern business world.... 'The payment settles legal action stemming from KPMG's involvement in Xerox's fraudulent financial reporting for 1997 through 2000....
15 Pages
(3750 words)
Case Study
The company's shareholders, potential shareholders, and other users of the financial statements rely heavily on the annual financial statements of the company since they utilize this financial information in making up to date investment decisions.... They rely mostly on the information offered by the accountants who formulated the financial statements, and also on the auditors who audited the information, to give a fair and accurate picture of the position of the company....
9 Pages
(2250 words)
Assignment
Firstly is the Legal personality of a company and secondly the limited liability theories.... "company Law: Directors Duties" paper argues that the duties of a director are continuously been elevated as a corporate governance norm improvement that seeks to ensure correct decisions are made for the company at all times.... The law dictates that a director does not necessarily need to give a day to day attention to the company affairs but otherwise, his duties are intermittent in nature performed for instance during periodical meetings....
10 Pages
(2500 words)
Case Study