{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

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

Notes 5-12-08 Ch34, 38, 39, 41, 42 - Bus 80 Notes CH34...

Info icon This 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
Image of page 1

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

View Full Document Right 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,
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern