he was previously at before he went on leave. The employee requested back pay, but was denied by the new manager. -Conclusion: Company X was in full compliance of FMLA law. Because the company employs over 75 people, and the associate was a fulltime employee for 2 years, he was entitled to the leave of absence under FMLA law. Company X also let the associate return to his previous job and paid him the same rate of pay he had when he left. However, under the provisions of the Family Medical
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The Elijah Heart Center needs to make changes on cost-cutting, funding options for equipment, and funding options for capital expansion. Doing this simulation review it will show just how to go about making these changes to save money. I will explain as to why I choose what I did in this paper. The cost-cutting options I choose were changing the skill max and reducing agency staff. The reason as to why I choose changing the skill max is to allow the nurses to focus upon their more important tasks
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Uniform Commercial Code (UCC) Legislative History On September 21, 1957 Massachusetts adopted the Uniform, Commercial Code. Effective October 1, 1958, the Code replaced the Uniform Sales Act, the Negotiable Instruments Law, the Uniform Warehouse Receipts Act, the Uniform Bills of Lading Act, the Uniform Stock Transfer Act, the Uniform Trust Receipts Act, and numerous other statutes. Massachusetts thus became the second state to enact the Code, following the lead of Pennsylvania, where the Code
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As Director of Human Resources for Company X, I have been directed to research and make recommendations concerning three personnel issues. These issues pertain to possible violations of the Family Medical Leave Act of 1993 (FMLA), Age Discrimination in Employment Act of 1967 and the Americans with Disability Act of 1990. Situation A involves the Family Medical Leave Act of 1993 and Employee A. Employee A has been employed by our company for two years and requested leave to assist at home due
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Final Paper – Acme Fireworks As the manager for Acme Fireworks, I have been asked to determine if common law or the Uniform Commercial Code (UCC) will govern the contracts entered into by Acme Fireworks. In addition, I am to analyze whether the five essential elements of a contract have been met. Acme Fireworks is currently licensed as a sole proprietorship. As such, I will examine any potential personal liability they may have if a spectator was to get injured during a firework display. Further
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Sole Proprietorship Description Sole proprietorships are business entities that are owned and managed by one person and there is no legal distinction between the business and owner. Two Advantages Easily formed - cheaper to start-up and less laws regulating the business Tax benefits - owner is not required to file a separate business tax report, but can file on personal returns Decision making - owned and operated by one person, so no complications when making decisions Two Disadvantages
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proprietorship is an inexpensive and easy to form business organization. This entrepreneurship gives the owner the ability to have flexibility in their schedule. The business owner of this organization will benefit from having full control and retains all the businesses profits. Negatively, the business owner is also personally responsible for all the debt. and liability the business may take on. In this organization if the owner dies, the business dies also. • Liability: In a sole proprietorship
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benefits associated with being taxed as a business. While a sole proprietorship, in some states, can be owned by more than one person, Betty and Betsy will need to aware of their actions so that the IRS and the state do not have a reason to imply a partnership, or other business form, due to their actions of holding themselves out as anything other than independent. (Unif. Partnership Act §202(c)(3). Should this occur, Betty and Betsy could be subject to business and tax requirements they had not anticipated
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When considering what business form you would like the company to take, there are several pros and cons that one must weigh against each other. This company has become quite profitable considering its small size, and as such, you have been considering changing business forms to lessen the disadvantages that come along with a sole proprietorship. There are many avenues of approach to accomplish this, but after analyzing your situation I believe that incorporating into an S-corporation would be the
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Microsoft case Since it was established, Microsoft has never needed other people's money. When Bill Gate and Paul Allen founded the company, they borrowed a little, but it's been pay-as-you-go ever since: $60 billion in market capitalization, all generated by internal cash flow; the company has never had a dime in long-term debt. Yet, Gate and Allen decided to incorporate in 1981, and to take the company public in 1986. Why did they do so? Call in rich When working stiffs need a break,
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