BP is a British global energy company which is the third largest energy company and the fourth largest company in the world. As a multinational oil company‚ BP is the UK ’s largest corporation‚ with its headquarters in St James ’s‚ City of Westminster‚ London. BP America ’s headquarters is in the One Westlake Park in the Energy Corridor area of Houston‚ Texas; the company is among the largest private sector energy corporations in the world‚ and one of the six leaders. In order to project social
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Tutorial 2: The Concept of Separate Legal Personality 1. State the legal principle in company law established by the case Saloman v Saloman. What do you think? Do you think that the decision would be the same today? 2. ‘The Salomon decision was a scandalous one which unleashed a tidal wave of irresponsibility into the business community.’ Discuss. 3. When does a company become a separate legal entity? 4. What is the legal effect of incorporation of a company? 5. . Explain the significance
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Legal Structure of Business Organisations Sole Traders General Partnerships Limited Patnerships Limited Liability Partnerships Companies Key Legislation General Law of Contract Partnership Act 1980 Limited Partnerships Act 1907 Limited Liabity Partnerships Act 2000 Companies Act 2006 Liability Unlimited Liability Each Partner jointly and severally liable Limiteed Liabiliy for limited partners and unlimted liability for general partner Limited to the amount tas they have agreed Depending
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Assignment 3 Name: Hira Tanveer MBA II Section: A Ans 1: Ethics are defined as the principles of conduct governing an individual or a group. Making ethical decision involves two things‚ one is normative judgments and other is morality. Referring to BP Texas city incident‚ it is much a breakdown in the company’s ethical systems as it is in its safety systems. Because BP’s management system was already aware of the problems with maintenance‚ spending and infrastructure before the explosion held in
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British Petroleum (BP)‚ a company that is a corporate that is considered to be unethical Within organizations‚ ethical behaviour such as office policies is considered to be practise every day. Researcher and practitioners alike discuss the whether office politics is necessary behaviour within organizations. The purpose of this paper is set out to analyze the ethical behaviour within the organizations‚ and discuss the world’s third largest energy company British Petroleum’s (BP)‚ stance on ethics
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Founded by William D’Arcy in 1901 First oil discovery - Persia 1908 Creation of Castrol brand during world war two Began the first offshore operation in the English Channel in 1970 First oil flowing from Alaska Pipeline in 1977 Formation of BP America from Sohio in 1987 Deep water Horizon environmental disaster in 2010 BRITISH PETROLEUM – VALUE OF COMMON STOCK (FIVE YEAR PROGRESSION) What Happened? THE INCIDENT : THE DEEP WATER HORIZON EXPLOSION AND OIL SPILL • Explosion
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means that since the deceased was under the influence of alcohol at the time that he signed over the deed that this contract should be null and void. The deceased lacked the mental capacity to make this type of decision. Therefore this contract is not legal. Conclusion In this case the court ruled in favor of the plaintiff. It was concluded that the defendant obtained the deceased signature while he was intoxicated which deeply impaired his mental capacity to make such a decision‚ therefore it was ruled
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Summary of the case “BP (Beyond Petroleum) Focuses on Sustainability” Introduction British Petroleum or Beyond Petroleum (BP) is the world’s one of the largest and leading petroleum product manufactures. It has headquarters in London. It operates from 29 countries. Though it has faced safety and environmental controversies in the history of its operations it could overcome all negative images through a concrete focus and consistent efforts towards sustainable developments. BP operates throughout
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Strengths: BP is ranked at the world’s 3rd largest energy company and is positioned as a multinational oil company headquartered in London that: Operates petrochemical businesses worldwide through the network of its subsidiaries and retail brands(Amoco; ARCO; BP Express‚ BP Connect; BP Travel Centre; ampm; Burmah Castrol etc) Participates in London Stock Exchange‚ IPO in New York Stock Exchange. and is listed in the FTSE 100 Index; BP Amoco strong brand loyalty for oil; Strong brand
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Petroleum. On April 20‚ 2010 British Petroleum (BP) suffered one of the major and worst accident that a company can faced because involved and affected all it related parts: investors and its obligations with stakeholders‚ enterprise‚ authority‚ customers‚ environment‚ board of directors and even the economy of one country. On April 20‚ 2010 following the timeline of BBC news (September 2010‚ Timeline: BP oil spill) there was an explosion and fire on the BP Transocean drilling rig Deepwater Horizon in
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