BUSFIN 3500 Lecture 11: 11. Corporations
29 Apr 2017
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Employer instituted aptitude test for applicants to pass. Mary has filed a suit against her employer for discrimination under title vii. Need to see eoc to get right to sue letter in order to get into court. If new person takes over, it"s a new sole proprietorship. Ship full of a shit ton of gold sinks. Ship full of a shit ton of gold sinks and causes a mini depression. This guy forms a limited partnership to get the robot down there. In delaware county jail, won"t tell where money is. Considered citizen of every state any partner is from; can"t get diversity of citizenship with them. Can"t lose personal assets, but can lose partnership assets. Store person is going to use all the franchise materials and pay a fee. Owner keeps all profits, unless agreement says otherwise. Shareholders buy shares -> shareholders elect board of directors -> board hires officers to run business.
