COMPANY LAW MGMT3046 (MS37B) ACADEMIC YEAR 2011/2012 WORKSHEET 1 INTRODUCTION TO THE COMPANY LAW REGIME TYPES AND NATURE OF COMPANIES Learning objectives: The student should be able to: ✓ describe the various kinds of companies that may be registered under the Companies Act; ✓ explain the distinction between private and public companies with reference to the relevant provisions of the Companies Act; ✓ explain the concept of limited
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and the outside world. And in respect of dissolution; if there is no partnership agreement‚ the partnership act set out the rights and duties of the partners. Such rights and duties (by act or agreement) may be varies by the consent of all partners. (S 19). ‘The relation which subsists between persons carrying on a business in common with a view to profit.’ Under S24 (5) ‘in common’ means every partner has a say in the firm. The members are only liable for their subscription unless the partnership
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Questions Learning ResourcesTextbook: Business Law Seventh Edition‚ 2010 Henry R. Cheeseman Prentice Hall 1) According to Judge Jerome Frank‚ uncertainty in the law: a. is an unfortunate accident b. should be avoided whenever possible c. is of immense social value d. does not exist in the U.S. legal system 2) Which of the following is most consistent with the Natural Law School of jurisprudence? e. Law is based on moral and ethical principles of
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In 2001 Berkshire Partners began due diligence in hopes to make a bid for carter’s. Berkshire Partners was founded and led by of five as a private equity firm adhering to the following characteristics: building and sustaining relationships‚ rigorous work‚ deep analysis and the environment of open decision-making. Berkshire opts to create value by strategizing and re-allocating assets. They also use the idea of quality over quantity when it comes to potential investments. Berkshire and Carter’s
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1. WHAT IS ADMINISTRATIVE LAW? Administrative law controls the actions of public officials. It developed to allow for decisions of travelling judges to be reviewed. It has five basic components: - Judicial review: review by a court of the legality of a decision; - Merits review: review by a tribunal on the merits of a case; - Internal review: review by the decision-maker‚ as required by statute; - Ombudsman: investigation and reporting by an independent third-party; and - Freedom of information:
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and LegCo Contents LegCo: Historical Evolution Powers and functions‚ and Prerogatives Issues raised under the BL Case Law • Article 66 • The Legislative Council of the HKSAR shall be the legislature of the Region. • 2 I. LegCo – A Brief Retrospect • A. Generality – From 26 January 1841 to 30 June 1997‚ • Hong Kong was a British colony and its first constitution‚ in the form of Queen Victoria’s Letters Patent entitled the Charter of the Colony of Hong Kong and proclaimed
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Peter James and Jenny Shorter are in business together designing and producing ladies hand-made clothing to order. They are based in Chelsea and trade under the name of J & S Fashions. They have not drawn up or signed any documents to form the business‚ or registered it with anyone. J & S Fashions has recently set up its own web page on the Internet‚ intending to gain customers that way and to expand. It has been suggested to Peter‚ by a friend in a pub‚ that it would make "sound business sense"
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Employment Law and HRM Strategy Introduction Employment laws play a critical role in human resources management strategies and in an organization operation. Employee laws are design to protect the employees by the Equal Employment Opportunity Commission (EEOC). The Equal Employment Opportunity Commission (EEOC) “ federal enforcement agency enacted to ensure that employers follow and abide by rules set forth in the Civil Rights Acts of 1964”(Web Finance‚ 2012). However‚ the act insisted of “people
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Marsha Long English 155 Peggy Thomsen‚ PhD 15 February 2011 “The whooping law” "I wish that all fathers of households stand forth and practice their role. They will use the rod and not permit their children to go astray. Firmness is needed in your world that is filled with laxity‚ permissiveness‚ and degradation. "Your children have been misled by many who shall answer to the Father. As teachers they have failed in their role. Therefore‚ as parents you must succeed in yours." - St. Joseph
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General Introduction For parties to be bound by an agreement‚ it must first be determined if a prima facie valid and enforceable contract exists. A contract can be defined as an agreement containing promises made between two or more parties with the intention of creating certain legal rights and obligations and enforceable in a court of law [1]. For a legally binding contract to exist the following elements must be satisfied: 1. An offer must exist 2. The offer must be accepted
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