DUTIES OF DIRECTOR Introduction Duties and liabilities are imposed on officers of a company‚ including directors‚ both by common law and statute. Thus‚ directors owe their companies fiduciary duties at common law. These duties are further supplemented by the Act. Officer –section 4(1) FD duty of care skill and diligence statutory duty The fiduciary duties of directors may be conveniently examined under the following categories. Director owe a duty to: Act bona fide and in the interests
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Introduction to Business Law- Assignment 1B Advise TLC Ltd. as to any possible action they may have for misrepresentation against answer Ltd. _____________________________________________________________________ Treitel in The Law of Contract (2003) defines a contract as: “An agreement giving rise to obligations which are enforced or recognised by law. The factor which distinguishes contractual from other legal obligations is that they are based on the agreement of the contracting
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Aung San Suu Kyi Group Paper Ming Chuan University Organizational Behavior Dr. Chen Ho Introduce the leader: Aung San Suu Kyi Aung San Suu Kyi was born on June 19‚ 1945 in the city of Rangoon‚ Burma. General Aung San Kyi and Daw Khin Kyi brough her into the world. Her father‚ General Aung San‚ was the national leader of Burma until his assassignation on July 17‚ 1947. His death would be one of the main contributors to her fight for peace and independence for the country of Burma. - She
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Art is one aspect of the past that has carried on for decades. Art in any form may it be poetry‚ novels‚ and playwright‚ sculpting as well as painting‚ has been an outlet for generations and continues to be an outlet and a means for expression. This paper will discuss “ The Mona Lisa” one of Da Vinci’s most famous paintings‚ as well as another great painting‚ Antonio Veneziano’s “Virgin and Child”(c. 1380). Both paintings focus on the human form and exhibit many variations of styles from lines‚ shading
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CONTRACT – REMEDIES (Pg 183) Damages |Damages is the principal common law remedy for a breach of contract. It refers to the monetary compensation payable by the defaulting party. | |Assessment |Aim of unliquidated damages | | |The general principle of assessment is that the injured party is to be placed in the same financial position he
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Assessment 1: Individual Assignment Question 1 (a) Consideration is one of the four main elements to be present in order to have a legally binding contract. Consideration can be anything of value (such as an item) which each party must agree to exchange for the contract to be valid. For consideration to be sufficient‚ both parties have to have an agreement. If only one party agrees to it‚ then the agreement is not consider a legally binding contract. Something must be given or promise in exchange
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etc... Intellectual property can be created by you or you can pay someone to create it for you. Intellectual property is protected by trade secrets‚ patents‚ trademarks and copyright laws. Each of these laws covers a specific type of intellectual property. History of Intellectual Property Law Intellectual property law dates at least as far back as medieval Europe. In those times‚ “guilds‚” or associations of artisans in a particular industry‚ were granted authority by the governments to control the
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an antiquated response. However‚ discrimination can and does still happen in a company‚ and is not limited to gender discrimination. Consequently‚ every company is very careful about their operations and employee treatment in today’s business world. Many business entities have put together a human resource department to properly manage and take care of their most valuable resource‚ their employees. Over the years the government has also helped ensure that employees get proper treatment. Measures
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Selecta Selecta is a brand of ice cream and milk sold in the Philippines.with exports of local ice cream variants to Filipino communities overseas.The ice cream business is co-owned by the Philippines’ RFM Corporationand the food giant Unilever under the subsidiary Unilever RFM Ice Cream‚ Inc. The company’s beginnings can be traced back to Selecta Ice Cream and Refreshment Parlor‚ owned by Ramon Arce‚ Sr. and family‚ and founded in 1948. In 1990‚ RFM Corporation bought Selecta from the Arce family
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produce a written answer for each of the following problem questions using the ILAC approach and bring your answers in print form to your tutorial class on Teaching week 3. Topics Topics 1 and 2 – Introducing Law and Exercising Legal Skills Your preparation Read Chapters 1-3 of Business Law and attend the Lectures on the first two topics. Problem 1: There are a number of websites devoted to the republic issue. Sites such as that of the Australian Republican Movement (www.republic.org.au) support
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