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Harold and Dorothy own all of the shares of Ace Corporation. Robert, Ace's landlord, sued Ace for unpaid rent. Robert received a $10,000 judgment against Ace. When Robert tried to collect on the judgment, he discovered that Ace Corporation had no assets. He then discovered that Harold and Dorothy no longer operate Ace Corporation. They now operate Optimus Corporation as the only shareholders. Harold and Dorothy had no assets in their names. However, upon further investigation, Robert discovered that Optimus had numerous assets. He reviewed the financial documentation, discovering that Optimus pays for Harold and Dorothy's mortgage, medical bills, and grocery bills. Can a court pierce the corporate veil? Discuss.
How much safety stock in total will the retailer have to hold if paint is mixed at the factory and held in inventory at the retailer as individual colors?
What criterion is used to classify a failure cost as "internal" versus "external". Give three examples of an internal failure cost and three examples of an external failure cost.
Propose how the effective use of project management software can help organisation manage its projects throughout each stage of the project life cycle.
The reports delivered to those engaged in carrying out or managing the project should be timed to allow control to be exercised before completion of the task in question. Describe exception reports versus special analysis reports, including why these..
In your opinion, what are the major challenges of having several business units from the standpoint of strategy implementation?
What are some of the key issues facing businesses today in terms of continuing to offer a competitive benefits package?
Recruiting and developing a skilled workforce is important for any organization concerned about competitiveness, productivity, quality, and managing a diverse workforce effectively. What might an external force want to know about the job evaluation a..
What is the importance of change management when your organization has automated decision processes?
A small company in Dallas (13 employees) was hiring a new accountant. They made an offer to one suitable candidate. The position required 6 hours of work on Saturday. The applicant said that he would accept the offer if he had Saturdays off because o..
Given the fact that the Affordable Care Act is enacted after Sicko, the documentary is somewhat outdated.
What were the major ideological concerns of the artist of the black art movement?
When managing your accounts payable, as a small business owner you should:
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