click below
click below
Normal Size Small Size show me how
Business Entities
biz, man.
| mixture | mixture |
|---|---|
| Define Corporate lawyer | anyone representing entities that are not individuals |
| Roles of a Corporate lawyer | As counselor, conciliator, facilitator-drafter, guardian |
| "up the ladder" | refers to the RPC requirement that the corporate lawyer challenge unethical/illegal practices done by chief officers to the BOD |
| Under RPC, can disclose client info in two cases | Despite the lawyer reporting up the ladder, the corp. is still undertaking illegal behavior, then lawyer can disclose client info & To prevent injury to the client |
| Horizontal (biz) | process broken down to different companies in different locales |
| Vertical (biz) | one company, one location |
| when are firms less likely to integrate upstream? | Firms are less likely to vertically integrate (upstream) if there are lots of supplier options |
| Where did the creation of the "middle mgt" position happen? | Middle level managers grew from this revolution of mass production and mass distribution |
| equity | the value of the shares issued by a company. |