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William Rich is an extremely wealthy entrepreneur who has owned several businesses. William sold some of the businesses while others failed and ended up in bankruptcy. Most recently, William incorporated DSM with himself as the sole shareholder. He invested $5,000 in the company as a capital contribution. DSM then purchased 1,000 acres of land for $500,000 with the intent to develop an upscale subdivision. Nine months later, DSM became unable to pay its bills. As one of DSM's creditors, your business seeks to pierce the corporation and hold William personally liable for the company's debts. Will your business be successful in holding William liable for DSM's debts? What information is important when conducting this type of investigation? Explain the best legal and ethical arguments to hold William liable and then explain the best counter arguments in this situation (the arguments that William would make to deny liability). Explain your conclusion after your analysis is completed.
1. Describe how you think the hotel's management will: (a) make sure that the way it manage the hotel is appropriate to the way it competes for business; (b) implement any change i
What are the benefits and disadvantages of free international trade for the United States? Examples would be helpful also.
Heckman of Saul and Saul Consultants has get a request from Deborah, the head of Human Resources, to make an interactive icon-and-menu-driven software package to be used by the adv
You have just received 10 units of a special sub assembly from an electronics manufacturer at a price of $250 per unit. A new order has also just come in for your computer's produc
Explain important provisions of factory act, 1948. The significant provisions of Factories Act, 1948 are given below: a) Health: The following are the significant provisions
Methodology of Operations Research
A pension fund has accumulated $1 million in a retirement plan for James B. Smith, who retired this month at age 65. If Mr. Smith has a life expectancy of 75 years, what is the min
Why would it be harder for heavily unionized organizations to settle on their bargaining targets than for those with a small proportion of unionized employees?
Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at a local gasoline station. Also shown are actual de
Good faith bargaining requires the parties to come to an agreement about both mandatory and permissive items
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