DUTY OF CARE A Tort is a civil wrong‚ which is an action brought to enforce‚ redress or protect rights or noncriminal litigation. There are many Torts‚ however‚ of importance is Negligence. Negligence is the failure to do something a person of ordinary prudence would do. Negligence protect against personal injury‚ damage to property and economic loss. In order to establish negligence four elements must be established. Firstly‚ the plaintiff must prove that a duty of care was owed. Secondly‚ the
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Traveler Import Cars‚ Inc. Extracted from J.R. Gordon(1993): A Diagnostic Approach to Organizational Behavior STEP 1: Read the Traveler Import Cars‚ Inc.‚ case. BACKGROUND Randy Traveler had been a partner in Capitol Imports‚ one of the most prosperous foreign car dealerships in greater Columbus‚ Ohio‚ selling expensive European automobiles. His wife‚ Beryl‚ a holder of an MBA degree from a respected private university‚ was a consultant specializing in automobile dealerships. In 1979‚ Randy
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Looking at the broad areas of work that interest you is an important first step when planning your career or thinking of making changes to it. Take these interests into account when considering jobs‚ study or leisure activities. If you are able to find an environment that suits your interests‚ you are likely to be happier in what you do. Complete the worksheet below and print it out to help you plan your career. 1. Here’s a list of some different career interest areas. Read each description
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Cicero’s definition of duty is a term in which in this course‚ is far reached than what we would have ever thought duty would stand for. Defining duty can be said to be a commitment or obligation to someone or something that causes them to pursue a certain action. Duty is split into two parts which consist of dealing with what is the “supreme” good and second‚ practicing rules which are strictly regulated in all means of daily life. Another classification of duties are duties which are middle or complete
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DUTIES OF DIRECTORS Directors of a company normally have exclusive power to manage the company’s business and exercise its powers. At common law‚ the duties were owed to the company‚ to employees‚ to individual shareholders and creditors. 1.0 Duties of Directors to the company It is convenient to categorise the duties of directors into fiduciary duties which arise because they are quasi-trustees of the assets of the company. The word ‘fiduciary’ refers to trust and confidence. ‘A fiduciary is
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Fiduciary Duties of Directors 1) Duty to act in good faith in the interests of the company In Re W & M Roith Ltd [1967] 1 All ER 427‚ the controlling director of a company had given many years services without having a service contract. He was then given a service agreement providing for payment of a pension to his widow if he died while still a director. He was already in poor health at this time and he died two months later. The pension was paid for several years and then the company went into
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Turner Introduction to duty of care in health‚ social care or children’s and young people settings 1. Understanding the implications of Duty of care. 1.1 * A duty of care means that all health and social care professionals and organisations providing health and care services‚ must act in the best interests of the people they support. 1.2 * The expression is that we ‘owe’ a duty of care to the people we work with. ‘owe’ is a useful word to describe the nature of the duty of care because it
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In tort law‚ a duty of care is a legal obligation which is imposed on an individual requiring adherence to a standard of reasonable care while performing any acts that could foreseeably harm others. It is the first element that must be established to proceed with an action in negligence. The claimant must be able to show a duty of care imposed by law which the defendant has breached. In turn‚ breaching a duty may subject an individual to liability. The duty of care may be imposed by operation of
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France Trade‚ Exports and Imports In 2009‚ France’s export volumes amounted to $456.8 billion and the country ranked 6th in the world. However‚ the figures were much higher in 2008 at $601.9 billion. France’s main export commodities are: • Machinery • Transportation equipment • Aircraft • Plastics • Chemicals • Pharmaceutical products • Iron and steel • Beverages France’s main export partners are: Germany • Italy • Spain • UK • Belgium • US • The Netherlands • Besides French
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5. Director’s Duties Director’s Duties are part of the idea of risk management; because they take risks all the time‚ they require a certain element of regulation. The law must provide a way of mitigating against the risk‚ so creditors and shareholders can have potential recourse. This is all done indirectly; the company will recover in the event of a breach of duty arising. If the company recovers and suffers no harm‚ then that protects shareholders and makes sure their investments are secure.
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