A corporation can only exist for as long as its

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A corporation can only exist for as long as its original owners are present.
Shareholders do not need to pay taxes on dividend earnings since corporations are taxed independently. Under no circumstances can the protection of limited liability be removed from shareholders. Shareholders are usually not financially accountable for the actions of the corporation, but neither do they own the assets of the corporation. CONCEPT Corporations 9 A landlord sues a tenant for destruction of property. During the trial, the judge issues instructions to the jury to clarify what facts it must determine to issue a verdict. When in the trial process does this occur?
Ursula allows a friend to borrow her copyrighted CD, knowing that her friend intends to make copies of the CD to sell in school. Select the correct classification for this example.
Contributory infringement Fair use CONCEPT Copyright Law 11 ABC Corporation is one of the largest energy companies in the United States, with over $50 million in publicly traded shares. The corporation's unusual accounting practices have disguised the fact that the company has accumulated significant losses over the past five years, making it appear far more profitable than it is. The CEO of ABC Corporation has decided to continue misleading investors by hiding its mounting debt in order to support the company's current market valuation. How would a deontologist evaluate this decision? ABC Corporation is acting unethically because it has certain rights as a corporation, and therefore has a corresponding duty to consider the public good. ABC Corporation is acting unethically because the results of its dishonesty are likely to be negative for its employees, for its shareholders, and for society as a whole. ABC Corporation is acting unethically because it is not striving for truthfulness or high- mindedness. ABC Corporation is acting unethically because it sees the investors' interests as unequal to the interests of the CEO and the corporation. CONCEPT Major Ethical Perspectives 12 In which scenario would the non-breaching party lose the opportunity to avoid or limit losses?
A landlord makes no attempt to find a new renter after a tenant breaks her lease. A landscaper avoids using a newly-purchased lawnmower that she knows is defective. A housepainter stops painting a client's house once he realizes that the homeowner can't pay. CONCEPT Limitations on Contract Remedies 13 A whistleblower informs a VP at an online retail company about the widespread practice of warehouse workers being asked to work extra hours without pay. The VP raises the issue with the CEO, who responds that the company can’t compete in the industry without its workers putting in some

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