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    Jenkle Legal Services - Calculate after-tax cash flow

    In his first year as a partner with Jenkle Legal Services, Mr. Fallon received a $2,000 monthly guaranteed payment. His share of Jenkle's ordinary business income was $55,000. If his combined income and SE tax rate on his earned income is 30 percent, compute his after-tax cash flow from Jenkle assuming the following: a. In ad

    Corporate governance/Board of Directors

    I was reading an article: Strengthening corporate governance through board-level consultants. There are some companies under attack for issues of board composition and board activism. Board composition concerns address the mix of internal versus external directors and the competence of board members. The activism address

    Why should the auditor consult with the entity's legal counsel?

    When an auditor becomes aware of information concerning a possible illegal act, he or she should obtain an understanding of the circumstances of the act by making inquires of management above those involved. Also, the auditor should obtain enough evidence to judge the effect of the act on the financial statements. If evidenc

    State and Local Political Behavior Observation

    I need help conducting a minimum one-hour observation of a public meeting. The meeting can be of a committee, commission, council, etc. I have to take notes during the observation, including what issues were covered, and what positions are taken on them. This can also be done by observing a meeting on government access televisi

    Advice on Whether to Renew a Contract

    What would you do? A colleague of yours is on an annual contract which is soon due to be renewed. During your time of working together you have become close friends with him on a personal level and you are aware that his wife has recently become pregnant with their second child. However, while he tries hard and means well,

    Which of the following cases would be heard by the US Court of Appeals and why?

    I need to determine which of the following would be cases heard under the US Court of Appeals and why? A case involving a dispute between Colorado, Utah and Arizona over water rights. A case involving an appeal of a Fifth US District court decision regarding the right of Texas high school students to recite prayers over th

    Employment Law: Allie's vision and Acme Airlines

    Allie is a licensed pilot who is nearsighted. She has 20/20 (perfect) vision when she wears her contact lenses. Without her contact lenses, she cannot read or drive, but with her contact lenses, she is able to engage in these activities. Acme Airlines has a requirement that its pilots have 20/20 uncorrected vision. Allie applies

    Federal Laws and Statues for Licensing Attorneys

    Are there any Federal laws or statues that would prevent a law firm from expanding throughout the U.S.? Are there any constitutional clauses that could possibly affect expansion? If so, what would these be?

    Business Law on Computer Purchases

    Watson buys a computer from a computer store, paying by check. The check then bounces. In the meantime, Watson has transferred the computer to Wilson. Under what conditions will Wilson prevail against the store if the store tries to recover the computer from him?

    Distributive Justice Theory and other in 17 multiple choice questions

    1) Peter runs an auto air conditioning repair shop, because of the phase-out of the ozone-depleting refrigerants used in older auto air conditioners, auto air repairers have become subject to numerous new laws and regulation, some of which are costly and burdensome with which to comply. Although it cost him more, Peter decides

    Main Line Pictures v Kim Basinger for Breach of Contract

    Prepare a report with an analysis of plaintiff and defendants arguments as indicated in attached document. See attached document for more details to this problem. Please support your answers with financial computations where appropriate. In 1991, Main Line Pictures, Inc. sued actress Kim Basinger (and others) for breach of c

    Moral Judgments, Moral beliefs and Logical Rules

    We've been having some trouble figuring out how we arrive at moral judgments. Cultural Relativism, Supernaturalism, Intuitionism, Rationalism. all seem to have their good points, but also their undermining bad points. Then what do you say to picking out our moral principles by trying to be informed and imaginative, and t

    Jan's Sandwich Shop: Non-Compete Agreements

    Jan opens a sandwich shop across the street from a sandwich shop run by Amy. Amy is disturbed by this competition, and she agrees to pay Jan $5000, in exchange for Jan's promise to quit her business and not to engage in a similar business within a ten-mile radius of Amy's business. Is this contract legal and enforceable? Why or

    Possible harassment by a division director.

    Dottie, a manager, has been referred to you by a mutual friend to discuss a "situation" she has encountered. Her division director has insisted she take car rides with him for "meetings" to discuss department business. Sometimes these "meetings" last an hour or longer and make her feel very uncomfortable. Dottie says she is tell

    Abortion Laws and Policies: analyze three current events articles

    I need help in locating at least three current events articles that address the same local or state government public policy issue on abortion . The articles can be from daily newspapers, weekly news magazines, public policy journals, or business journals. Complete a paper that analyzes the issues in the article regarding ab

    Role of SEC and impact of SOX

    What are three primary roles of the SEC? How does the Sarbanes Oxley Act augment the SEC's role in managing financial governance?

    Federal employment laws: history and evolution including effectiveness

    A. Describe the history and evolution of federal employment laws pertaining to each employment situation. Include descriptions and application of such acts as Title VII of the Civil Rights Act of 1964, the Pregnancy Discrimination Act, the Americans with Disabilities Act, the Age Discrimination in Employment Act, and the Family

    A & M Records, Inc. v Napster, Inc.,

    In A & M Records, Inc. v Napster, Inc., the Ninth Circuit Court of Appeal determined that Napster, Inc.'s MusicShare software which allowed users to make MP3 music files stored on individual computer hard drives available for copying, search, and transfer by other Napster users, did not result in "fair use" of the copyrighted ma

    Business Expense Law Questions

    True or False 1. The basic elements of a valid contract are: an offer, an acceptance, consideration, the capacity of the parties to contract and a legal purpose. 2. The law requiring that certain contracts, such as contracts involving an interest in land, be in writing is the Statute of Limitations. 3. A Sole Propr

    Customer Care Laws

    Below is a situation an employee had in which her manager had to step in. After reading the situation below please answer the following questions. You have now almost finished with your MBA and will be eventually moving into a management position. Tie the situation below with a master's education. The pregnant sales clerk is

    Business Law and Competition

    Jan opens a sandwich shop across the street from a sandwich shop run by Amy. Amy is disturbed by this competition, and she agrees to pay Jan $5000, in exchange for Jan's promise to quit her business and not to engage in a similar business within a ten-mile radius of Amy's business. Is this contract legal and enforceable? Why or

    Can Kenneth Lay be sued after death?

    I feel that we have to address the death, and its irony, of Kenneth Lay. Typically when a convicted felon dies before sentencing the crimes are set aside and he/she dies a "free" person, but what about all that money? Do people have the right to sue Lay's estate or should his family be allowed to keep the money? He borrowed o

    Legal and tax issues of LLC and its members

    1) If a member of LLC executes a personal guarantee for the debt of an LLC, which of the following is true. (A) The personal guarantee would result in personal liability of the member for any obligation of the LLC. (B) Because of the member's apparent authority, the personal guarantee would create liability for all other membe

    Employment Law: origins and growth of regulatory and case law

    The relationship between an entity and it employees gives rise to an ever growing body of law that has been titled Employment Law. Law today emanates from common law which is generally represented in case law, and from statutory law and regulations, which is generally the creation of legislative bodies. Employment Law by a