of a corporation‚ who carries out certain tasks established in the charter‚ according to www.thefreedictionary.com. The duties are a series of common law‚ statutory‚ and equitable obligations. The duties are analogous to duties owed by trustees to beneficiaries‚ and by agents to principals. Directors owe duties to the corporation‚ and not to individual shareholders‚ employees or creditors outside exceptional circumstances. The duties of a director are divided in two sections‚ the common law duties
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Text Reader Agency and Employment Law Dr. Jay-D Olivier INHOLLAND UNIVERSITY Diemen‚ Haarlem‚ Rotterdam Course Year 2010-2011 Term 5 Internal publication INHOLLAND University of Professional Education International Business Management Dr. Jay-D Olivier (BA Law‚ MA‚ D. Law‚ Ph.D) Contents Agency Law 3 Principal’s Duties to the Agent 18 Liability
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is a mere appendage of Eastfield Ltd. This being the case‚ it is necessary to examine the exact relationship between Capital Pty Ltd and Eastfield Ltd and determine the likelihood of the courts lifting the corporate veil. Separate Entity Salomon v Salomon & Co established the key principle that an “incorporated company is a separate legal entity from its founder‚ shareholders and directors”. To further this point‚ the Albazero case provided authority within a group of companies‚ whereby
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THE LAW OF BUSINESS ORGANIZATIONS CHAPTER 4 – Piercing the Corporate Veil Minne B Berkey v Third Avenue Railway Company Overview: This is a New York Court of Appeals decision in 1926 adjudicated by the legendary Justice Cardozo. In this seminal case on ‘piercing the corporate veil’‚ the Court of Appeals finds in favor of the Defendant‚ Third Avenue Railway Company. The Court holds that Third Avenue‚ the parent company of Forty-second Street Company‚ which operated a rail line upon which the
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Arthur Andersen LLP v. United States The parties: In Arthur Andersen LLP v. United States‚ the plaintiff was the United States. The United States was also the Appellee. Arthur Andersen is the defendant as well as the appellant. The history: Arthur Andersen was found guilty at the jury trial. The U.S. Court of Appeals for the Fifth Circuit also affirmed him guilty. The U.S. Supreme Court reversed Andersen’s convictions due to “flawed jury instructions.” The facts: Arthur Anderson formed a crisis-response
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of personal privacy‚ then a court will order disclosure. See Ray. Even still‚ the requested information must shed light on the agency’s performance of it’s statutory duties. See Ray. This is also referred to as the “central-purpose” doctrine. See Law Review. Meaning‚ does
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Contract law • Tax law • Accountng • Securites law • Bancruptcy • Intellectal property rights • Licensing • Zoning laws • And the specific to the business of the corporaton that they work for … COMMERCIAL TRANSACTION • Commercial transacton • An interacton between two or more partes in which goods‚ services or something of value is exchanged for some type of remuneraton. Some aspects of commercial transactons‚ such as truthful representaton and contract provisions‚ are governed by law. Remuneraton
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[pic] GENERAL MOTORS COMPANY Case Study Radencovici Octavian Tudorica Alexandru Lupu Mariana Bartoloni Giulio General Motors Corporation “Engineered without compromise” 1. General Presentation of the company One of the world’s largest automakers‚ GMC has it’s roots traced back to 1908. Also known as GM‚ this company is a United States-based automaker with its headquarters in Detroit‚ Michigan. After the General Motors Company was founded‚ it soon became known as one of the largest car manufacturers
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Running head: ANALYSIS OF: “CONFLICT RESOLUTION AT GENERAL HOSPITAL” Analysis of: “Conflict Resolution at General Hospital” August 22‚ 2010 Abstract This is paper will address the conflict at General Hospital and discuss the conflict management styles that are evident in the case. Next‚ there will be a discussion of how General Hospital could have used teams to address the cost reductions needed to stay competitive. A description of how Hammer
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report that relate to the law This article reports about the case filed by Anastassia Zissis suing McDonald’s after the slip on at the back of the Myer Centre. Anastassia Zissis injured due to slip on liquid that been spilled in an access passage. These gave rise to different areas of law such as: Contract Law According to Lambiris (2012)‚ the Contract Law is the law about private agreement that give rise to enforceable responsibilities and rights legally. In this case there are many aspects
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