A Hole in His Parachute Essay Example | Topics and Well Written Essays - 500 words

A golf hole in His Parachute - Essay ExampleOn the other hand, stockholders are those that have shares in a comp whatever and are directly affected by the ups and downs of the market affecting their operation as a business. A corporation being a creature of law cannot refuse to abide by the acts of its incumbents as long as it is being provided by the general law in business and ethics.With all these said, the logical and right decision of whether to bemuse Knight the right to collect the balance of the honorarium from the corporation which Murdoch promised to give him while he serves as adviser to the newspaper company for five years strongly relies on the intricacy of laws behind the accountability of Murdoch, the new owner of Knight-Ridder Corporation towards his stakeholders, which includes employees. In this case, because Knight had a sort of proprietorship of the company because he is providing his services for it, he has the right to run after Murdoch and get his salary e ven when the company has already been dissolved before any count was given to him. This is because of the fact that any company has the responsibility to be able to deliver on every provision that is stated in any contract relating to Knights employment, which would hold his right to be paid the exact amount in exchange for completed work, whatever the circumstance is.Another point that would support Knights right to demand his salary from Murdoch would be the fact that it is being provided in Corporate law that the station and assets of a certain corporation includes not only the assets of any subsidiary of the corporation instead the strong entity comprising the company, directly or indirectly, that encompasses corporations, partnerships, and its liability partnerships which is where employees fall in. Thus, the dissolution of the company does not dissolve its obligation to have a bun in the oven Knight what is due