...College of agriculture, science and education (case) | BACHELOR OF EDUCATION WITH ADVANCED STANDING | BUSINESS LAW ∏ | | Presented by: Kimberly Morrison-Leigh | Presented to: Dr. Golding Identify the different interest in land and state what are the legal principles that are related to the acquisition of interest in real property. The law recognizes different sorts of interests, called estates, in real property. The type of estate is generally determined by the language of the 5 deed, lease, bill of sale, will, land and grant through which the estate was acquired. Estates are distinguished by the varying property rights that vest in each, and that determine the duration and transferability of the various estates. A party enjoying an estate is called a "tenant." There are several different ways a party can own an interest in real property. There are possessory types of interests and non-possessory types of interests. This lesson explains the main types of real property ownership. Possessory Interests When we talk about ownership interests in real property, we're actually talking about many different types of ownership. Ownership interests come in various forms and, depending on the type of interest, a landowner's rights may be limited. Let's start by exploring some of the possessory interests possible when owning land. A possessory interest is the intent and right of a party to occupy or exercise control over a particular plot of land. This is...
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...worked there from 10/16-2/18. Marvin recently left this position for a better job opportunity with his current employer. He currently works for Global Rollforming Systems, LLC. through a temp agency called MCM Staffing, which is located in the same building. Marvin started working there on 2/6/18 as a production worker. Marvin works on a line and makes car doors for the automotive industry. He works 40 hours a week and makes $11.20 an hour. Marvin explained to this counselor that his contract with the agency states that after 120 days as a temporary employee he will be permanently hired with Global. This counselor informed Marvin that she would need something in writing from the manager stating this. If he is unable to produce this letter, his case will then have to be put on hold until he is hired permanently. This counselor then went over how MRS only supports part or full-time competitive employment. Marvin stated he understood and will try to obtain a letter from his employer. He agreed to keep this counselor updated. As stated above, Marvin will email this counselor a copy of his last pay stub for his file to confirm his...
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...Haley Hiatt 9/26/2013 The Marvin Walter Case It's no secret that the media plays a huge role in the obesity crisis of America, and Marvin Walter is no exception. There are constant advertisements for fast food on the television, and probably more importantly with this specific individual, the radio and billboards. As a truck driver for more than 35 years, Marvin Walter had definitely seen and heard his share of these advertisements. Considering the fact that he's a truck driver and spends most of his time on the road, it's easy to give in to the convienience of fast food when it's constantly around you. It states in the text that Marvin had been over weight as long as anyone could remember. that leads me to a list of questions. Did anyone ever encourage Marvin to seek out a healthier lifestyle, whether it be his family or friends? Or was his unhealthy appearance and lifestyle choice just accepted as norm? It is not uncommon for people within the truck driving profession to have a magnitude of health issues due to lack of exercise (constantly sitting in a driving position), and eating un-healthy food out of convienience, addiction and constant advertising. Education can also come in to the picture here. Considering Marvin's age, it's entirely possible that educating students on healthy eating and lifestyle, and the dangers of over processed, mass produced, and genetically engineered foods were not a priority. As a truck driver,...
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...misidentification by the victim caused him to serve fifteen years in prison. Because the rapist had told the victim he had a white girl, the police immediately looked to Marvin as a suspect since he is the only colored man living with a white wife. After the victim chose Marvin’s mugshot out of a dozen black and white mugshots, the police created a line up with Marvin being the only man in it from the mug shots. Although Marvin had an alibi he was convicted and served fifteen brutal years he didn’t deserve in prison. It wasn’t until after DNA had testing proved Marvin wasn’t the rapist that they let him free. This is only one of the many cases that witness misidentification has taken years and even entire lives from innocent people. To ensure that witness misidentification isn’t a problem many states are considering improving their identification procedures. For instance, Connecticut supreme court reconsiders a murder conviction based on the identification from a witness who was 265 feet away and five stories up from where the crime was committed, the justices are also considering changing rules on witness identification evidence. For more than 35 years, judges have used what is called a balancing test in cases where they find that...
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...Name: Josue Tumialan Student ID: 213-851-407 Section: B Individual Assignment Beaumont Limited A. Provide 2 causes of information risk relating to the financial statements of BL and explain how the conduct of an audit reduces each Information risk is the likelihood of improperly record information which end up being provided to decision makers. In this case I was able to identify two possible causes of information risk at Beaumont Limited: i. Not adopting proper internal control and formal accounting policies to prepare financial statements. An audit will reduce this risk by evaluating the management assessment of internal controls, make sure they are presented in accordance with applicable accounting standards and whether the error is material or not ii. Lack of task diversification, Kevin Bastian (BL’s shareholder) was in charge of 3 complex aspects of the business which are accounting, finance and administration which usually involve large amounts of data. An audit will detect any material error that might have occurred for handling too much information by one person B. Describe a management responsibility relating to the financial statements of BL that has not been properly completed. Explain why management responsibility is important Pierre Timmons, the new Chief Financial Officer, found out that appropriate internal control was not in place. In addition to this he found that BL have not adopted proper accounting policies in preparing...
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...tCSS works by allowing you to associate rules with the elements that appear in the document. These rules govern how the content of those elements should be rendered. Figure 7-1 shows you an example of a CSS rule, which as you can see is made up of two parts: ❑ The selector, which indicates which element or elements the declaration applies to (if it applies to more than one element, you can have a comma-separated list of several elements) ❑ The declaration, which sets out how the elements should be styled The declaration is also split into two parts, separated by a colon: ❑ A property, which is the property of the selected element(s) that you want to affect, in this case the font-family property. ❑ A value, which is a specification for this property; in this case it is the Arial typeface. A style sheet is a grouping of formatting instructions that can control the appearance of many HTML pages at once. If style sheets accomplished this and nothing else, they’d save millions of dollars worth of Webmasters’ time and become an integral part of most Web publishing projects. But they aim to do this and much more as well. The HTML style sheet standard enables you to set a great number of formatting characteristics that were never possible before with any amount of effort. These include exacting typeface controls, letter and line spacing, margins and page borders, and expanded support for non-European languages and characters. They also enable sizes and other measurements to...
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...Hensley Real Estate and Appraisal Services Annual Strategy Plan Jo Student BUS/470 March 18, 2012 Dr. David A. Smith STRATEGIC PLAN 2 Table of Contents Executive Summary.................................................................................... ............ 3 Company Background and Milestones............................................................................... 3 Part 1: The Business................................................................................................ 4 Company Mission............................................................................................... 4 Company Vision................................................................................................ 4 Focused Project................................................................................................. 5 Part 2: Environmental Analysis....................................................................... .......... 6 Remote Environment......................................................................................... 6 Industry Environment......................................................................................... 7 Part 3: SWOT Analysis.......................................................................................... 8 Strengths........................................................................................................ 8 Weaknesses.........................................................................
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...perspective? In the fall of 2001, anthrax was used as a weapon of terror in the United States, when it was sent to numerous media and political organizations and individuals, including Tom Brokaw of NBC News, Dan Rather of CBS News, and U.S. senators…. MGMT 520 Disbarment of Lawyers Week 1 Discussions 2 All Students Posts 35 Pages Keller Class I want to introduce to some “Wolves of Wall Street” who handled business in a Bernie Madoff type fashion, the Ponzi scheme way. Allow me to introduce you to former attorney, Marc Dreier. Many of you have never heard of him, but what he has done to my profession and the business community as a whole is earth shattering. Read the “Disbarment of Lawyers” case on pages 225 and 226 in the Kubsek text and frame your answer around the four questions for the case study which are located on page 226. In evaluating this scenario, focus upon the question of what you would do if you are...
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...perspective? In the fall of 2001, anthrax was used as a weapon of terror in the United States, when it was sent to numerous media and political organizations and individuals, including Tom Brokaw of NBC News, Dan Rather of CBS News, and U.S. senators…. MGMT 520 Disbarment of Lawyers Week 1 Discussions 2 All Students Posts 35 Pages Keller Class I want to introduce to some “Wolves of Wall Street” who handled business in a Bernie Madoff type fashion, the Ponzi scheme way. Allow me to introduce you to former attorney, Marc Dreier. Many of you have never heard of him, but what he has done to my profession and the business community as a whole is earth shattering. Read the “Disbarment of Lawyers” case on pages 225 and 226 in the Kubsek text and frame your answer around the four questions for the case study which are located on page 226. In evaluating this scenario, focus upon the question of what you would do if you are...
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...more self-aware are healthier, perform better in leadership roles, and are more productive at work. True (page 59, easy, recall) If false, why? 3. The concept of sensitive line refers to the point at which individuals welcome information about themselves from their co-workers. False (page 59, moderate, recall) If false, why? The concept of sensitive line refers to the point at which people become defensive or protective of information about themselves 4. Marvin consistently finds fault with Alicia’s competence as a manager. Because Alicia has been told she is doing a good job and therefore responds in a threat rigid way. Thus, her most likely response will be to defend herself in light of Marvin’s accusations. True (page 60, moderate, understanding) If false, why? 5. Self-awareness can be managed by exercising minimal control over when and what kind of information one receives about oneself and by not involving others in the pursuit of self-understanding. False (page 60, moderate, understanding) If false, why? It requires more than minimal control. Understanding and Appreciating Individual Differences 6. Simone will be viewed as an effective manager if she uses her ability to recognize, appreciate, and act on key fundamental differences among her employees. True (page 61, easy, recall) If false, why? 7. Promoting similarity among people in a work setting reduces creativity...
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...GOD HATES US ALL GOD HATES US ALL HANK MOODY with Jonathan Grotenstein Simon Spotlight Entertainment A Division of Simon & Schuster, Inc. 1230 Avenue of the Americas New York, NY 10020 www.SimonandSchuster.com This book is a work of fiction. Names, characters, places, and incidents either are products of the author’s imagination or are used fictitiously. Any resemblance to actual events or locales or persons, living or dead, is entirely coincidental. Copyright © 2009 by Showtime Networks Inc. Showtime and related marks are registered trademarks of Showtime Networks Inc., a CBS Company. All rights reserved. All rights reserved, including the right to reproduce this book or portions thereof in any form whatsoever. For information address Pocket Books Subsidiary Rights Department, 1230 Avenue of the Americas, New York, NY 10020. First Simon Spotlight Entertainment trade paperback edition August 2009 SIMON SPOTLIGHT ENTERTAINMENT and colophon are trademarks of Simon & Schuster, Inc. For information about special discounts for bulk purchases, please contact Simon & Schuster Special Sales at 1-866-506-1949 or business@simonandschuster.com. The Simon & Schuster Speakers Bureau can bring authors to your live event. For more information or to book an event contact the Simon & Schuster Speakers Bureau at 1-866-248-3049 or visit our website at www.simonspeakers.com. Designed by Jaime Putorti Manufactured in the United States of America 10 9 8 7 6 5 4 3 2 1 Library of Congress...
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...1028. One indicia of independent contractor (rather than employee) status is when the individual performing the services is paid based on tasks performed (rather than time spent). *a. True b. False 1029. In some cases it may be appropriate for a taxpayer to report work-related expenses by using both Form 2106 and Schedule C. *a. True b. False 1030. The IRS will issue advanced rulings as to whether a worker’s status is that of an employee or an independent contractor. *a. True b. False 1031. Jake performs services for Maude. If Maude provides Jake with a helper and tools, this is indicative of independent contractor (rather than employee) status. a. True *b. False 1032. A statutory employee is not a common law employee but is subject to income tax withholdings. a. True *b. False 1033. For tax purposes, a statutory employee is not treated the same as a common law employee. *a. True b. False 1034. If an individual is subject to the direction or control of another only to the extent of the end result but not as to the means of accomplishment, an employer-employee relationship does not exist. *a. True b. False 1035. The work-related expenses of an independent contractor will be subject to the 2%-of-AGI floor. a. True *b. False 1036. After she finishes working at her main job, Ann returns home, has dinner, then drives to her second job. Ann may deduct the mileage between her home and second job. a. True *b. False 1037. After...
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...Improving the Customer Experience at Home Depot Rev. 12-2012 During 1990’s, the Home Depot was well renowned for its orange-blooded entrepreneurial culture and outstanding customer service. From the beginning, the retailer took a long-term approach by training its associates to form enduring customer relationships rather than push for incremental sales gains. As a result, the company grew very quickly becoming the fastest retailer in history to reach sales milestones of $30 billion, $40 billion, $50 billion, $60 billion and $70 billion in revenuesi. Despite this remarkable success, Marcus and Blank, the founders of the Home Depot, stepped down as leaders stating that continued growth required new leadership with fresh and innovative business approaches. Thus, in 2001, Robert Nardelli was named Chief Executive Office of the Home Depot. Nardelli introduced many new initiatives to the company such as, centralized buying, company-wide analytics and improved information systems, which were essential for the company to remain competitive. Many of his other changes, however, led to significant dissatisfaction, low morale, high turnover, reduced productivity, and general discontent among the associates that seriously derailed the company from the customer-centric approach that made the Home Depot such a success story during the Marcus and Blank era. The result was the most dramatic decrease in customer satisfaction in retailing history. In 2001, the Home Depot and Lowe’s both had...
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...Chapter C:2 Formation of the Corporation Discussion Questions C:2-1 A new business can be conducted as a sole proprietorship, partnership, C corporation, S corporation, LLC, or LLP. Each form has tax and nontax advantages and disadvantages. See pages C:2-2 through C:2-7 for a listing of the tax advantages and disadvantages of each form. A comparison of the C corporation, S corporation, and partnership alternative business forms appears in Appendix F. pp. C:2-2 through C:2-8. C:2-2 Alice and Bill should consider forming a corporation and making an S corporation election. An S corporation election will permit the losses incurred during the first few years to be passed through to Alice and Bill and be used to offset income from other sources. The corporate form allows them limited liability. As an alternative to incorporating, Alice and Bill might consider a limited liability company that is taxed as a partnership. pp. C:2-6 through C:2-8. C:2-3 The only default tax classification for the LLC is a partnership. Because the LLC has two owners, it cannot be taxed as a sole proprietorship. The entity can elect to be taxed as a C corporation or an S corporation. If the entity makes such an election, Sec. 351 applies to the deemed corporate formation. The entity would have to make a separate election to be treated as an S corporation. pp. C:2-8 and C:2-9. C:2-4 The default tax classification for White Corporation is a C corporation. White can elect to be...
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...CHAPTER 2 Present Values, The Objectives of the Firm, and Corporate Governance Answers to Practice Questions 1. The face value of the treasury security is $1,000. If this security earns 5%, then in one year we will receive $1,050. Thus: NPV = C0 + [C1/(1 + r)] = −$1000 + ($1050/1.05) = 0 This is not a surprising result because 5 percent is the opportunity cost of capital, i.e., 5 percent is the return available in the capital market. If any investment earns a rate of return equal to the opportunity cost of capital, the NPV of that investment is zero. NPV = −$1,300,000 + ($1,500,000/1.10) = +$63,636 Since the NPV is positive, you would construct the motel. Alternatively, we can compute r as follows: r = ($1,500,000/$1,300,000) – 1 = 0.1539 = 15.39% Since the rate of return is greater than the cost of capital, you would construct the motel. 3. Investment (1) NPV Return 2. − 10,000 + 18,000 = $5,000 1.20 18,000 − 10,000 = 0.80 = 80.0% 10,000 9,000 − 5,000 = 0.80 = 80.0% 5,000 5,700 − 5,000 = 0.14 = 14.0% 5,000 4,000 − 2,000 = 1.00 = 100.0% 2,000 (2) − 5,000 + 9,000 = $2,500 1.20 5,700 = −$250 1.20 4,000 = $1,333.33 1.20 (3) − 5,000 + (4) − 2,000 + a. b. Investment 1, because it has the highest NPV. Investment 1, because it maximizes shareholders’ wealth. 1 4. a. b. NPV = (−$50,000 + $20,000) + ($38,000/1.05) = $6,190.48 NPV = (−$50,000 + $20,000) + ($38,000/1.10) = $4,545.45 In Part (a), the NPV is higher than the NPV of...
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