The Concept of Corporate Personality Essay Example | Topics and Well Written Essays - 2250 words

The Concept of Corporate Personality - Essay Example But over time, the concept was gradually given to all sorts of organizations engaged in commercial ventures such as trading companies, consortia for roadway construction projects, groups formed to undertake public infrastructure but funded by a private group of individuals (Hoffman 18) and the so-called parastatals or government-owned corporations. The category of parastatal can mean also a state-owned enterprise (SOE) which is similar to government-owned and controlled corporations (GOCCs). Either, both are formed specifically to operate in commercial ventures but with a public-interest nature in them such as building bridges, tollways, waterworks and sewerage systems which affect the entire community rather than just a small group of people. An SOE or GOCC is, therefore, the same as a private stock company in terms of issuing shares of stocks but only in this instance, the state either holds all the shares or a majority thereof. As a stock company, it has an inherent obligation to give a decent return on investment (ROI) to its investors from the tolls or tax revenues it is able to raise by virtue of being a stock company; UK laws often require golden shares retained (Mahoobi 107). Because the law now allows an organization like a commercial corporation to acquire a legal personality separate from the personalities of the members who formed a corporation, it has created a new but extremely important legal technicality. With this concept of a separate personality, the corporation separately on its own can acquire or buy assets and in same way or manner also incur debts in the course of its operations. This gave rise to another concept which is limited liability. This simply means the creditors of a corporation, in the event it goes bankrupt, can run after the assets of that bankrupt corporation in the hope of satisfying debts or credits it had extended to the corporation in the ordinary course of business.

Regression Paper Research Example | Topics and Well Written Essays - 2000 words

Regression - Research Paper Example I retrieved my data from STATS Indiana. Three or four decades ago, cars in the United States were bought out of only necessity. People used to purchase cars not for laxity, but due to various factors such as for convenience purposes. In the last two decades, however, the world in general has moved on from this kind of situation. People no longer buy cars out of necessity, but rather, people buy cars for luxurious reasons. The United States, and Marion County in the state of Indiana to be specific, is no different. Motor vehicles of different models are purchased round the clock, for many reasons other than necessity (Riley 1). The automobile industry in Marion County is one of the most active among all industries within the county. In the recent years, the number of motor vehicles operating on the road has been going up steadily. There are various factors that contribute to this upward trend. The factors influencing the above trend may be well discussed if grouped into various categories. First and foremost, population is the most influencer of the rate at which cars are bought. In this paper, the population is considered both for the local and immigrants. The other factor is age. Age, in Marion County, is a major determinant of car ownership. Employment is another factor which highly determines the general purchasing power of the population. This paper, therefore, examines each and every of these contributing or influencing factors, determining how each one contributes, negatively or positively, to the selling and purchasing trends in the motor vehicle industry. In every business industry, there are market forces that determine the rate at which the goods and/or services in that particular industry are sold or purchased. These market forces are demand and supply. These are the only determinants of sales and purchases in any particular industry in any particular country. The market forces