VOL 20 NO 157 REGD NO DA 1589 | Dhaka‚ Friday‚ May 24 2013 Top of Form Bottom of Form http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMDVfMjRfMTNfMV85Ml8xNzA0MTY= Rana Plaza and liability of regulators The regulatory authority says in its defense that it does not have enough manpower to enforce the building regulations. But is there any instance of taking action against an offender anywhere in the country? The department has 45 inspectors and other staffer and officials but could
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does the law justify imposing strict liability for some criminal offences? ‘actus non facit nise men sit rea’ means an act alone cannot constitute guilt without the proof of a guilty mind‚ for most criminal cases. Strict Liability is the legal responsibility for injury or damages even if the person was not at fault or negligent; this contradicts the above Latin maxim as it places sole responsibility upon a defendant without the proof of ‘mens rea.’ Strict liability is a topic that has both its pros
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become an epidemic that the educational system has been campaigning to cease through the establishment of school wide anti-bullying policies. In recent years the federal government has implemented the National Safe Schools Framework and the Civil Liability Act of 2002‚ to assist educators with diminishing schoolyard bullying (Campbell 64). Since the development and rise of technological resources‚ cyber-bullying has expanded the opportunity for the act of bullying to take place; bullying is no longer
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Limited Liability Corporation and Partnership FIN419 - Finance for Decision Making Date Instructor’s name Limited Liability Corporation and Partnership Paper Limited Liability Corporation and limited liability partnership are two of several types of structures that individuals can give thought to forming when starting a business. To form a corporation each member has limited liability‚ but the corporation has full liability. Forming a partnership requires at least two people‚ which
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|Francis Marion University | |Exposure of the Accounting Profession To Increasing Liability | |Response of the Profession | |
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Chapter 11 Current Liabilities and Payroll Questions 1. A current liability is one that is payable within the coming year or within the company’s normal operating cycle if longer than a year. All other liabilities are long-term. A contingent liability is a potential liability that depends on a future event arising out of past events. The future event will determine the amount and existence of the liability. A contingent liability may or may not become an actual obligation. 2. The company reports
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Name: Date: Graded Assignment The Comparative Essay: Early Civilizations Complete and submit this assignment by the due date to receive full credit. (45 points) Score 1. Compare and contrast key characteristics of two early civilizations (choose from Mesopotamian‚ Shang‚ Indus Valley‚ Chavin‚ and Phoenician) in terms of three of the following: economy‚ political system‚ art and architecture‚ religion‚ technology‚ legacy. Answer: Of the world’s first civilizations‚ all successful and renowned
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Before commenting upon the nature of Limited Liability Partnerships (LLP) it is necessary to understand the system of partnership that it embodies. The LLP is provided for by the provisions of the Limited Liability Partnership Act‚ 2008. Under this act the LLP has been described as a “body corporate” and a artificial legal personality with perpetual succession. Under the LLP the partners can manage the rights of duties though the means of an agreement that would be governed by the LLP act. The interested
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creates harm should make things right by compensating those harmed II. Classification of Torts * In the US‚ torts are classified as intentional‚ negligent‚ or strict liability. * Negligent Torts occur when the defendant acts in a way that subjects other people to an unreasonable risk of harm * Strict-Liability Torts occur when the defendant takes an action that is inherently dangerous and cannot ever be undertaken safely‚ no matter what precautions the defendant takes *
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Course : Bank Management & Financial Services Chapter 4 : Managing and pricing non-deposit liabilities Questions & Problems 1. Compare and contrast Fed funds transactions with RPs? Repurchase agreements (RPs) are less popular than Fed funds and more complex. Both fed funds and Rps are instruments available for short term borrowing. However‚ RP agreements are collateralized loans and thus‚ the lender is not exposed to credit risk as they are with Federal funds transactions. Most RPs
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