company (LLC). Being incorporated as LLC will protect the owners from double taxation and issues of personal responsibility (Peggy Wood, 2011). If the company fails to succeed, the creditors will not have the right to control the investor's particular asset, or they will not be liable for more than their personal investments in the company and the investors will be treated as shareholders. The majority owner Eyassu Semegn will contribute to the business venture from his personal savings. With excellent
Words: 2988 - Pages: 12
ADMINISTRACIÓN INTERNATIONAL BUSINESS PROGRAM BUSINESS ITS LEGAL, ETHICAL AND JUDICIAL ENVIRONMENT “SUMMARIES” CHAPTERS 12, 13, 14, 15, 16, 20 and 21 Name: Nayeli Berenice Beltran Garza ID: 1586848 Group: 4Ai Cd. Universitaria de Nuevo León, November 16th 2015 CHAPTER 12 CONTRACTS AND SALES Introduction and Formation A contract is a promise or set of promises for breach of which the law fives a remedy, or the performance of which the law in some way recognizes as
Words: 12443 - Pages: 50
Host Foreign Country’s Concern in Expansion Plan Foreign nations faces various obstacles in adoption of new business ranging from infrastructural issues of technological advancement, network problem, lack of skilled resources, etc; investment issues in inter-organization communication, network establishment, etc; security and privacy issues of customer information in transaction; government regulations for legal protection of consumer rights; logistics issues of distribution; lack of physical
Words: 2164 - Pages: 9
College and a JD from Fordham University School of Law. He is the author of the 2009 award-winning article ‘Meet Two-Face: The Dualistic Rule 10b-5 and the Quandary of Offsetting Losses by Gains’. Fordham Law Review 77(6): 3045–3094. Correspondence: Samuel Francis, 321 Roselle Avenue, Cedarhurst, NY 11516, USA E-mail: samfrancis@optonline.net ABSTRACT At the center of the global financial crisis of 2007–2008 was the collapse of American International Group, brought on by extensive unhedged positions
Words: 6287 - Pages: 26
Sunshine State Medical Billing Service Legal Issues in Business BUSI 561-D05 LUO 12/16/2011 This paper explores the legal challenges faced when forming and operating the Sunshine State Medical Billing Service. The legal issues surrounding the business will be analyzed using a business law perspective, as well as a Christian worldview. This legal business plan was prepared by Karri-Marie Baskin, Suzanne Ludikhuize, Renada Manning, Susan Schaeffer, and Dixie Wallace. Executive Summary
Words: 8372 - Pages: 34
Efficiencies of Cyber law in Bangladesh জুন 26, 2011 0 inShare Technology is getting more frequently used and seems like a blessing going cover Bangladesh. But sometimes we can see some bad- naughty peoples use the same technology to make crime in the cyber area. As well as day by day Cyber crimes are increasing in the world as well as our country. Therefore in Bangladesh a bundle of laws has been enacted to protect the people. Cyber law in Bangladesh In the Information Communication Technology Act
Words: 695 - Pages: 3
AN INTRODUCTION TO PCI-DSS COMPLIANCE Author: Nicholas Henry April 2016 Table of Contents 1. Abstract 2. History 3. PCI-DSS Overview 4. Understanding PCI-DSS Compliance 5. Achieving PCI-DSS Compliance 6. PCI-DSS in the IT Department 7. Negatives of PCI-DSS 8. Positives of PCI-DSS Abstract Around the world, consumer
Words: 4052 - Pages: 17
What is International Business? International business consists of transactions that are devised and carried out across national borders to satisfy the objectives of individuals, companies, and organizations. Learning Objectives To understand the history and impact of international business. To learn the definition of international business. To recognize the growth of global linkages today. To understand the U.S. position in world trade and the impact international
Words: 3329 - Pages: 14
WHO WE ARE: As a “hard Intellectual Property” law firm, Sherman Zarrabian LLP (SZ) specializes in the prosecution of patent applications, trademark applications, and copyright applications, as well as the licensing and litigation of patent, trademark, copyright and trade secret matters and transactions involving our clients and their business models. We strive to create legal strategies that protect your market, your business and your intellectual property assets. Our attorneys are required to
Words: 970 - Pages: 4
TFT2 Cyber Law Task 4 Jordan Dombrowski Western Governors University Situation Report It has come to my attention from the security analysts of VL Bank and victims that commercial customers of VL Bank have been involved in identity theft and fraud. Multiple user accounts were created without authorization claiming the identity of our customers. These fake accounts were used to make twenty-nine transfers of $10,000 each, equaling $290,000. The bank transfers were being sent to several U.S
Words: 3994 - Pages: 16
