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A truck owned by Thoni Trucking Company was involved in an accident that caused severe injuries to the Fosters (the plaintiffs). After learning of the accident, the owner (the defendant) of all but two shares of the stock in Thoni Trucking and the rest of the board of directors, which consisted of the majority owner’s wife and his father, transferred substantial corporate assets to themselves as salary and dividends. The remaining assets and business operations were transferred to another company that the defendant owned. In the midst of these activities, the defendant kept sending misleading information to the plaintiffs, first telling them to seek recovery from the defendant corporation, then advising them that the corporation had no assets.
Should the defendant company owners be able to avoid liability by shifting corporate assets to themselves as salary and dividends and other companies owned by defendant owners? Should the corporate veil of limited liability be lifted in this situation?
case analysisthe arnold palmer hospital aph in orlando florida is one of the busiest and most respected hospitals for
and business around the world. Select a business leader you admire. Use your textbook, the University online library resources, and the Internet to select a leader and then to research the leader's career.
Determine two constraint equations for this LP problem, but do not solve! Hint: The number of constraint equations must equal the number of decision variables. Only two are required
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For the previous month, the Ellram Lounge served 1,500 customers with very few complaints. Their labor cost was $3,000; material cost was $800; energy cost was $200. and building lease cost was $1500. Calculate the single-factor productivities and th..
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According to a time study each run takes 1.5 minutes and the time to unload and load riders is 3.5 minutes. What is the maximum effective capacity of the system in number of passengers per hour?
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