Define ethical environment - applicable to business world

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Reference no: EM131817728

Define ethical environment that is applicable to the business world

Identify means to avoid alter ego liability

1. Using findlaw, research a case that involves alter-ego liability. In 250 words, define the term "alter-ego" and list the elements the court considered when determining whether to pierce the corporate shield. Incorporate the material from the required readings and support your statements.

2. In addition, discuss whether it is ethical for a company to move its corporate headquarters overseas to avoid paying income tax. Which duty do you believe is higher, the duty of corporations to pay tax to government or the duty of corporations to pay dividends to shareholders? Why?

Instructions: Incorporate the material from the required readings along with scholarly outside research. All sources used must be cited. Please review the grading rubric that is posted in the lessons.

Your initial reply to the forum question should be posted in the Forum section of the class no later than Wednesday. Your discussions with your classmates should be posted in the Forum throughout the week. You should engage in discussions with a minimum of two classmates. Replies to classmates must be substantive and add to the discussions.

Case - Personal Liability of Corporate Shareholders in New York by Steven Maffei

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The study assists in identifying the issues that help in avoiding the penetration of the corporate shield of the organizations by the courts. The comingling of the funds and the improper adherence to the legal specifications are the main reasons. The ethical reasons for providing the dividends to the shareholders regularly were also probed into.

Reference no: EM131817728

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Reviews

inf1817728

3/12/2018 6:01:09 AM

can you ask the expert to do an additional work on this assignment. Thank you Additional questions to the assignment: Failing to adhere to corporate formalities is a factor in piercing the corporate veil in corporations. But what about LLC’s? Review Idaho Statute 30-6-304. Liability of members and managers, found here: http://legislature.idaho.gov/idstat/Title30/T30CH6SECT30-6-304.htm Under this statute is failure to follow formalities a consideration when imposing liability on a LLC member? I will submit payment, but I need this work today. Please let me know if it can be done today. Thank you payment is now submitted.Thank you

inf1817728

2/28/2018 5:10:11 AM

hi, can you ask the expert to do an additional work on this assignment. Thank you Additional questions to the assignment: Failing to adhere to corporate formalities is a factor in piercing the corporate veil in corporations. But what about LLC’s? Review Idaho Statute 30-6-304. Liability of members and managers, found here: http://legislature.idaho.gov/idstat/Title30/T30CH6SECT30-6-304.htm Under this statute is failure to follow formalities a consideration when imposing liability on a LLC member? I will submit payment, but I need this work today. Please let me know if it can be done today. Thank you payment is now submitted.

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