How does corporate law address conflicts of interest within a corporation?
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How does corporate law address conflicts of interest within a corporation?
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- When more established, well-defined private property rights are in place, externalities will be Choose one: A. less prevalent. B. more prevalent. C. not dependent on private property rights.Explain how the income of corporations is double taxed and what a corporation can do to minimize their tax burden?Define and Exemplify: Corporate Governance
- Corporate governance is balancing the interests of a company's various stakeholders, which include shareholders, management, consumers, suppliers, financiers, the government, and the general public. what are the three types of corporate governance and explain eachDiscuss the legal responsibilities and liabilities of directors and officers in a corporation. What fiduciary duties do they owe to the company and its shareholders? What are the potential legal consequences for breaching these duties?Describe the differences between a sole proprietorship, a partnership, and a corporation as business entities, including their advantages and disadvantages from a legal perspective.
- Wiener Haus #82 has been underperforming for a few years. The franchisee (owner of Haus #82) is frustrated and files a claim against the franchisor for breach. The franchisee claims that the agreement he signed contained a statement at the start of the agreement detailing that the business model the franchisor developed was "proven effective and profitable." On these facts, does the franchisee have a winning breach of contract claim against the franchisor? O No, the contract formed was a voidable contract. Thus, the franchisor is void of responsibility if the business model does not produce profit for the franchisee. O Yes, the franchisee relied on these statements when deciding to contract and thus the franchisor should be responsible when the business model fails to work for the franchisee. O No, courts have generally held that the type of language relied upon by the franchisee is "prefatory" and does not create a duty on the part of the franchisor. O Yes, the money paid to the…Do corporate shareholders have an obligation to make certain that their business corporation acts in an ethical and proper manner in conducting businessWhat are the activities by activist shareholders regarding corporate governance issues of concern?