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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.
Investor G. Loeb owns a 5-year, $1000 bond with a 5% coupon. If the yield to maturity on similar bonds is currently 10%, what is Mr. Loeb's bond worth today? A security analyst
Discuss the fit for GBI of this particular for-profit avenue Eileen o'brien has chosen?
The parts department of a large automobile dealership has a counter used exclusively for mechanics' requests for parts. The time between requests can be modelled by a negative expo
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Related to the Design of Tools and Equipment: 1. The hands should be relieved of all work that can done more advantageously by a jig a fixture or a foot operate
Establish business partnerships outline
Describe three major important roles of entrepreneurship in the American economy.
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