Business Entities Laws And Regs

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    Business Entity Matrix

    Business Entity Matrix Blake M. Reimert LAW/531 Beverly Spencer October 1, 2012 Business Entity Matrix |BUSINESS |Formation |Control |Liability |Continuity |Taxation | |Entity | | | | | | |Partnership | A general partnership | Partners | Tort liability:

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    Business Entities

    Matter of Auer v. Dressler Brief Facts: The President of R. Hoe & Co, Inc., refused to call a special meeting requested by Petitioners, class A stockholders. The trial court granted the mandamus to compel the special meeting
 Rule of Law: Class A stockholders have a right to call a special meeting to be heard on their disproval of management decisions, to elect and remove directors and to amend bylaws. Facts: Petitioners submitted a written request for a special meeting of class A stockholders

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    Business Entities, Laws, and Regulations Paper

    Business Entities, Laws, and Regulations Paper LAW/421 Business Entities, Laws, and Regulations Paper According to Melvin (2011) all business ventures operates as a legalized form of business entity. When owners and managers of a business have knowledge of the structure, advantages and risk that each form of business entity involved then business for this particular group, will more effective at concentrating on business opportunities and taking advantage of them while limiting potential

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    Business Law

    ORGANIZATIONAL FORMS Yvette Crespo 310.1.2 The following is an explanation of six types of business models. I will explain the advantages and disadvantages, liability, incomes taxes, longevity, control, profit retention. Location and or convenience and burdens. In conclusion, the reader should have a clear understanding and overview of the six types of business forms. SOLE PROPRIETORSHIP The overall benefits of a sole proprietorship are the flexibility and inexpensive way you can organize

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    Business Entities, Laws, and Regulations Paper

    Business Entities, Laws, and Regulations Paper David Bell BUS 415 March 12, 2012 Eric Nord Business Entities, Laws, and Regulations Paper Starting a business is not an easy task, regardless of what type of business that is being started. It would be foolish to be naive of the amount of work that has to be put into create a successful business. To step into the business world on the right foot, it is imperative to create a well designed business plan. This business plan must cover all areas

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    Bus 415 Business Entities, Laws, and Regulations Paper

    Business Entities, Laws, and Regulations Paper BUS/415 Professional practice Tara and Akiva have just got their licenses in obstetrics and are looking to open a professional practice. They will be a new company and will have to be a member managed LLC. This will protect them from being liable if there are any accidents in the future. Since their business has to do with medicine, they are going to need particular protection from liability issues that might

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    Business Entities

    Business Entities Anna Youngs BUS311: Business Law I (CLC1321A) Instructor: David MacKusick June 13, 2013 Corporation “The requirements for the creation and management of a corporation vary somewhat between the states, but as is usually the case, there are common threads that can be found in the corporate statutes of all states.”(Rogers, 2012) There are some advantages and disadvantages about corporation. One would be that it is legally entitled to many constitutional rights under the

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    Business Law

    have Miriam, who is a wealthy investor wanting to invest in their dream. Miriam will provide the capital with minimal participation in the business, but is wanting to profit from the business. Business Entity, Control, Taxation, Liability Since there are three individuals wanting to gain and contribute to this sports bar and restaurant the best suitable entity would be as a general partnership. A general partnership is recognized as being one in the same as its owners. Lou and Jose will be constituted

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    Business Entities, Laws, and Regulations

    Business Entities, Laws, and Regulations Business Entities, Laws, and Regulations Regardless of the type of business to be opened, an entrepreneur should have a sound business plan, patience, motivation, and time. It takes knowledge of current laws and understanding of regulations that protect new business owners and their counterparts alike. Some employment laws vary state-to-state and some are federally regulated; however, it is up to a new business owner to not only learn these laws but to

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    Business Law

    treated as a separate legal entity, therefore all of the owners would have unlimited liability, even Norm the friend who won't even be there. This means that all the assets that they all invested and their personal assets would be liable if creditors came after them or if they were sued by someone. Also another downside for Norm is that partners are all agents for each other. This means that anytime one of the other partners makes a decision concerning the business, Norm has been bound to that

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    Business Law

    Further” When Facing New Business Legal Matters ”, and its author is James A. Wahl. I got this article from Monroe Moxness Berg website. When start a new business, there are many areas where legal planning can save time and money in both the short and the long run. So this article tries to analysis these areas from four aspects: Corporate Structure, Trademarks and Other Intellectual Property, Non-Disclosure and Non-Compete Agreements and Exit Planning, so that help business owners create a legal

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    Business Entities

    Sole Proprietorship This is a business run by one individual for his or her own benefit. It is the simplest form of business organization. Proprietorships have no existence apart from the owners. The liabilities associated with the business are the personal liabilities of the owner, and the business terminates upon the proprietor's death. The proprietor undertakes the risks of the business to the extent of his/her assets, whether used in the business or personally owned. Single proprietors include

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    Business Law

    Stewart Law Firm, P.A. 1234 Tampa Rd. Tampa, Florida 33607 813-123-4567 www.stewartlaw.com June 4, 2014 Natural Ice Cream Attn: Betty and Betsy 123 N. 2nd Ave. S. Tampa, Florida 33611 Re: Different forms of business entities Dear Betty and Betsy, The purpose of this correspondence is to address your inquiries regarding your new business endeavor pertaining to natural ice cream and potential investors. Our understanding of your business endeavor is as follows: 1) opening of an ice cream

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    Business Law

    Proprietorship BUS 311: Business Law 7 Jul 2014 Sole Proprietorship Upon the decision to start a new business, one must ask the question of what type of business entity they intend to initiate. According to Rodgers, Author of the book Essentials of Business Law, “One of the most fundamental decisions all businesspersons face in starting a business is how that business will be organized,” (2012). There are several deferent business entities to choose from. The business owner would have to weigh

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    Business Law

    Lecture 1: Introduction to Company Law Lecture 1   Introduction to Company Law Master in International Business International Business Law Francisco Aránega     1  Lecture 1: Introduction to Company Law A.- WHAT IS A COMPANY? An association of persons or entities formed for the purpose of some business or undertaking, which: (i) (ii) has legal personality (the capacity to be independently subject to rights and obligations) separate from that of its members (shareholders);

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    Business Entities, Laws and Regulations Paper

    Business Entities, Laws and Regulations Paper The following paper will discuss two hypothetical businesses and the organizational structure that presents the best choice for each business with consideration for control, taxation, and liability issues. It will address the laws, regulations and risks each business must face. The paper will also include a discussion of a hypothetical situation in which a hiring manager must choose an applicant while considering laws, regulations, and the risks against

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    Business Entities

    Business Entities Jessica Perez BUS 311 Business Law Instructor: Janet Fiorentino 12/1/2014 As the manager of Acme Fireworks, I need to gather information to help the owner determine whether or not he should continue to be a sole proprietorship or if he should switch to another business entity. I will help him do so by explaining each entity and how they relate to his business situation. I am the manager of Acme Fireworks, a fireworks retailer who sells fireworks, puts on ground display

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    Case Law Analysis – Business Entities

    U04A1 Case Law Analysis – Business Entities Debbie M. Balzum BARKAN v. DUNKIN’ DONUTS, INC. United States Court of Appeals, First Circuit No. 10-1247 (2010) Facts: The plaintiffs, Irwin Barkan and D & D Barkan LLC, filed suit against Dunkin’ Donuts, Inc. and Baskin-Robbins USA, Co., alleging breach of contract. Barkan’s claimed that according to their contract, Dunkin’ Donuts, Inc. had promised to work with Barkan and the CIT group to refinance Barkan’s debt to CIT. Barkan became

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    Business Law

    Chapter 1 Nature of Law | Definition of Law “a rule of civil conduct prescribed by the supreme power in a state, commanding what is right, and prohibiting what is wrong’ (Blackstone)Functions of Law to maintain stability in the social, political, and economic system through dispute resolution, protection of property, and the preservation of the state, while simultaneously permitting ordered change. Legal Sanctions are means by which the law enforces the decisions of the courts.Law and Morals

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    Law/531 Business Law

    Week 3 Individual Assignment Luis A. Campudoni LAW/531 Business Law Prof. Marlene Wilhite February 19, 2010 Legal Issues in Contract Fulfillment Agreements are a hot and critical topic in business agreements today. How do entities engaging in business contracts conclude in a consensus of the clauses, terms, and expectations of the project seem to fail at times due to expected and / or unexpected factors. This seems to be the case of the business contract between Span Systems and Citizen-Schwarz

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    Which Business Entity Is Best?

    unning head: Business Entity Which Business Entity is Best? BUS670: Legal Environment Leah Westerman January 13, 2015   The first step of many, in the business process is determining the type of entity your business will be. According to Hopson and Hopson (2014) “Usually, concerns over minimizing personal liability, reducing taxes, or becoming more tax efficient

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    Business Entity

    Business Organization The first thing to understand when starting a business is how the structure of the company will be set up. There are several types of business entities and each entity has its own particular benefits and list of drawbacks. In this paper I will enumerate the following types of business structures: sole proprietorship, partnership, corporation and limited liability corporation, how they differ from each other, their advantages and disadvantages. Choosing the wrong structure

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    Business Law

    Business Entities Lisa Ramos BUS311: Business Law I Instructor:  July 28, 2014 Business Entities I. Introduction “Business owners are wise to consider the fundamental issue of organizational formbefore they become too deeply immersed in business operations.” (Rogers, 2012) When it comes the laws of business there are is a large range of categories and topics which include the type of entity to become and how it affects contracts, liabilities and tax information. We must be aware that

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    Business Entities, Laws, and Regulations Paper

    Business Entities, Laws, and Regulations Paper University Of Phoenix Business Entities, Laws, and Regulations Paper Successful management of a business entity is dependent on understanding industry structure, taxation, laws, regulations, risks, motivation, and a business plan. The business structure will affect profits, business liability, and taxes. A sole proprietorship, an LLC, or corporation, requires research and planning to determine which structure is right for a business. Equally important

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    Business Law

    Riches’ Written in clear and straightforward language that locates the law in a practical context, you are guided through all of the key areas of law a business person needs to understand with the aid of:  Learning objectives that focus reading and outline the key points    and cases on directors linked to the statutory derivative claim  A new dedicated chapter on Agency  Reorganisation of the Business Transactions section gives a clearer structure to material on Contracts

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    Law Business

    numerous changes have been observed in the law firm business. The traditional law firm practice model has as a result been passed by time and firms or any person attempting this model have always found themselves struggling in this dynamic market. The traditional law practice has also been marked by constant consternation as the law firm does not produce good results. The incorporation of the new law firm practice model is evidenced by the rising number of law firms over the years. This means that to

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    Business Law

    Legal Underpinnings of Business Law Shawn Akey BUS670 Dr. Callaway September 22, 2014   Legal Underpinnings of Business Law During this week, the reading talked about the foundations of business law, including constitutional law as it applies to business, and a comparison of several common business organizational forms. Additionally, various ethical theories were introduced in order to provide perspective to various business outcomes. This paper will deliberate over a scenario raised during

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    Business Entities

    might be needed in certain business industry, as in food or liquor business. Autonomy Own the business out right. Set own hours of operations Can choose pace of growth Can quickly choose to have new areas of business Can operate under a DBA/ assumed name other than owners personal name a. Cannot have corp or Inc. in name Disadvantages: 1 owner/can not bring in partners If owner were to die, business cannot transfer. Raising capital for further business would be a problem a

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    Business Law

    Plaintiff-appellant Robert Moser, an individual from California interested in purchasing investment realty in New Mexico, sued defendant-appellee Mary Bertram, a real estate sales agent employed by the Santa Fe brokerage firm of Vidal Garcia doing business as Century 21 Blue Chip Realty ("Blue Chip"), for breach of fiduciary duty. Bertram was listing agent for property that Moser wanted to purchase, a residence located in Santa Fe, New Mexico. Moser hired Dolores Lee as his buyer's agent to secure

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    Business Entities, Laws and Regs

    Business Entities, Laws, and Regulations Many factors must be taken into consideration when starting a business. Location, supplies, and financing are not the only required business planning to complete. Laws, regulations, taxation, and plausible liability situations must be well thought out in a business plan in order for the business to succeed. Entrepreneurs and business owners can spend years deciding the type of business or corporation, which suits their goals best. The following

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    Business Law

    Role and Function of Law Ron Metz January 13, 2013 LAW/421 Tom Poulton Role and Function of Law The definition of law is “a body of rules of action or conduct prescribed by controlling authority, and having a legal binding force (Melvin, 2011, pg. 4).” Laws create duties, obligations and rights that reflect the accepted views of any given society. The most obvious purpose of laws is to provide order that defines crimes and levies punishment for violation of the crimes. It also helps to resolves

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    Business Law

    (reprehensible). Usually, this means that punitive damages are available in intentional tort actions and only rarely in negligence lawsuits. 2.   What is defamation? Defamation of character involves wrongfully hurting a person’s good reputation. The law imposes a general duty on all persons to refrain from making false, defamatory statements of fact about others. Breaching this duty in writing or in another permanent form involves the tort of libel. Breaching this duty orally involves the tort of slander

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    Business Entities, Laws, and Regulations Paper

    Business Entities, Laws, and Regulations Business Entities, Laws, and Regulations Two start-up businesses in different industries are beginning and an established company with labor issues are the focus of this paper. For the two start-ups, a sports bar and a birth clinic, a case needs to be made for the type of business entity they should each use. The established company is a construction company whose business entity must be identified and employment law pertaining to the scenario will be

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    Business Entities, Laws & Regulations

    Business Entities, Laws and Regulations Mario Zapata April 28, 2011 BUS/415 University of Phoenix Michael John Abstract A partnership of entrepreneurs is planning in open a new sport restaurant bar, with big screen television, but the entrepreneurs do not have enough capital to complete the project. A wealthy investor is willing to participate in the business plan, but wants a percentage of the company. In this paper Mario Zapata examines the process of completed the new sport’s restaurant

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    Business Law

    Commerce of Acquiring Shareholders There are different benefits to commerce of acquiring shareholders, and other entities that shield their members in regard to protection from personal liability. The primary benefit is it allows the shareholders, in the course of joint agreement, this will allow themselves to be exempt from liability, whereas the general partners bear the main responsibility for their actions. This will force the top executives and other members involved to be responsible for their

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    Law Legal Entities

    is an individual who has set up a business on his own and works as a self-employer. He has the right to make all business decisions and owns all assets of the company (Mavrikakis: Watson, 2011/2012:4). ‘A sole trader has independent control of the business and any profit made is his/hers.’ (Adams, 2008:411). He has all liability for any debts the company may face and is also responsible for paying income tax on all income the business takes. Setting up a business is easy for a sole trader and no formal

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    Business Entities

    Business Entities, Laws, and Regulations Developing a new business entity is an undertaking that requires individuals to think critically about many aspects that pertain to forming and maintaining a business legally and ethically. A business can be defined as “An economic system in which goods and services are exchanged for one another or money, on the basis of their perceived worth” (BusinessDictionary, 2011, p. 1). In the initial contemplations, the owner(s) as well as investor(s), have to consider

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    Business Entities

    Restaurant/Bar Business Opening a sports bar and restaurant will take an extreme amount of work for Lou and Jose. Because they do not have much money, they are bringing in Miriam to help with the finances. All three individuals will be partners in the business and will have a partnership agreement. A Partnership is defined by the Indian Partnership Act, 1932, as ‘the relation between persons who have agreed to share profits of the business carried on by all or any of them acting for all’ (Definition

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    Business Entities

    Business Entities Kandace Chambers, Maria Santa Cruz, Misty Dunphy, Brandon S. Harris BUS/415 December 12, 2011 Lisa Johnson Business Entities Introduction Restaurant/Bar Jose and Lou want to open a restaurant and sports bar. The customers will be able to enjoy socializing, enjoy sporting events on the big screen televisions, and order food when they get hungry. Jose and Lou do not have the necessary capital for the sports bar. However, Miriam does have the capital and

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    Business Entities, Laws, and Regulations

    Business Entities, Laws, and Regulations BUS/415 Business Entities, Laws, and Regulations The first business I chose was the extermination business. Frank is a wealthy investor that wants to open a chain of exterminating businesses across the United States. Because no one else has set up the business except for Frank, he is the sole proprietor of the business, or in this case, chain of businesses. He would have the ability to make all management decisions himself. He would

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    Business Entities, Laws and Regulations

    Business Entities, Laws, and Regulations BUS-415 11/13/11 Lester Bovia Business Entities, Laws, and Regulations Scenario #1 Restaurant Bar: Lou and Jose plan to open a sports bar and restaurant where customers socialize and watch sporting events on large-screen TVs that hang around the bar. They do not have much money, but they have Miriam, a wealthy investor who does not have time to participate in the business, but wants to provide capital to start the business in return for a percentage

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    Business Entities Laws and Regulations

    starting their business. Each company will have to make decisions as it deals with employment laws and regulations, as well as identifying risk that may arise while they begin to conduct business. Restaurant/Bar Scenario Lou and Jose plan on opening a sports bar and restaurant with help from Miriam. The pair, Lou and Jose, has little start up money and Miriam is willing to invest into their business. Miriam will provide the capital needed in order for them to start their business. Miriam is

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    Business Entities, Laws, and Regulations

    Business Entities Businesses are faced with many legal challenges in various stages: establishment, management, and dissolution. In two of following scenarios the legal aspects of establishing, maintaining and dissolving a partnership companies are identified. In the last scenario, the legal aspects of hiring a new employee are investigated. Restaurant/Bar Lou, Jose, and Miriam should create the business as a limited partnership. A limited partnership consists of one or more general partners

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    Business Entities

    Business Entities, Laws, Regulation Paper Renecia Jones BUS415 November 3, 2011 Alexia Davis Business Entities, Laws, Regulation Paper When starting a new business, regardless of what kind of business it is there are has to be motivation as well as a whole lot of patience. A lot of research must be done when opening a business. A person who wants to open a new business must have a well thought out business plan to take to any potential partners or investors to help increase their chances

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    Business Entities, Laws and Regulation

    Business Entities, Laws, and Regulation Danielle Carter BUS 415 March 19, 2012 Frank Poe Introduction For many companies to experience success, they should be able to come up with the experienced essential that will help them operate their businesses in the well-organized way as possible. Furthermore, there are ultimately three things that many companies need to pay attention of, for instance, taking control, liability and taxation issues. No business can ever be successful if they do

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    Business Entities Paper

    Business Entities Paper Arbra Jones Business Law BUS/415 Professor Dina C. Gledhill February 20, 2012 Business Entities This paper will evaluate three scenarios, restaurant and bar with wealthy third party investor, an extermination company with a wealthy owner and investor, and a construction company which is hiring for particular position. The business entity that represents the best choice for each business will be identified as well as the laws, regulations, taxation, and control each

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    Business Laws

    Business Entities, Laws, and Regulations Trudy E. Hartis BUS/415 November 20, 2011 Mark Rorem Business Entities, Laws, and Regulations A business assumes limitations and liabilities when building the structure of the organization. There are several types of business entities, hiring an accountant or attorney can help you decide what type of business structure best fits the need of the organization or business that you want to establish. Sole proprietorship, is a

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    Business Entities, Laws, and Regulations

    Business Entities, Laws, and Regulations Paper When an individual or group of individuals decided to open a business there are many choices that will need to be made about what type of business they will want to work toward. First an entity for the company will need to be chosen. This entity will help decide how each individual will be held responsible for the business as well as liability issues and taxation procedures. Control of the business will also be a factor when choosing a particular

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    Business Entities, Laws, and Regulations Paper

    Business Entities, Laws, and Regulations The purpose of the paper is to review the restaurant/bar and extermination businesses and discuss the entity that best suits the business. I will also review the construction scenario and discuss if Surebuild is in violations of any employment laws. An entrepreneur’s main goal is to manage a successful business and also to protect his or her investments. After making a decision to start up a business the next crucial step is to decide on what type of entity

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    Business Entity Plan

    Entity Business Plan The business plan selected is the specialty high-end flooring contractor. The contractor will install all floor types (imported tile, granite, marble, hard wood, and carpeting) as part of new construction or remodeling. Business Plan Exhibits Define the goal of the business. The goals of the business is to create a for profit business. The business will provide the customer with high quality flooring products. The philosophy of the business will be to provide a customer-first

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