Notes 5-12-08 Ch34, 38, 39, 41, 42

Notes 5-12-08 Ch34, 38, 39, 41, 42 - 5/12/2008 Bus 80 Notes...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
5/12/2008 Bus 80 Notes CH34 Employment Discrimination Title 7 of the civil rights act of 1964 National effort to prohibit discrimination Race, Color, National Origin Sexual Harassment – under the Title 7 Discrimination against gender Defense for the owners Is it reasonable? CH38 Corporations – formation and Financing Artificial person Created to take responsibilities Gives protections Shareholders own the corporation Disadvantages of corporations - Pay tax Piercing the Corporate veil – corporation could be sued and the owners could be liable if the requirement of a corporation is not done correctly CH39 Corporations – Directors, Officers, and Shareholders Make money for the shareholders
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Directors’ rights - Participate - Inspect - Compensation - Indemnification – Corporation gives the protection to the directors Directors’ Management Responsibilities - Board hires the officers - Corporate Policies - Financial Decisions Corporate Officers and Executives - most sign Contract – could be terminated for cause Duties and Liabilities of Directors and Officers - Duty of Care – Must act in good faith. Reasonable decisions - Duty of Loyalty – cannot use the corporation to user advantage,
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/08/2010 for the course BUS 188 at San Jose State University .

Page1 / 6

Notes 5-12-08 Ch34, 38, 39, 41, 42 - 5/12/2008 Bus 80 Notes...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online