Council 1989 | * A company is a legal entity separate and distinct from its shareholders and it not an agent of those shareholders * Lord Macnaghten pointed out that in an earlier case: Re Baglan Hall Colliery Co 1870 Giffard LJ had said that it was “the policy of the Companies Act” to enable business people to incorporate their businesses and so avoid incurring further personal liability. | The facts of this case were that the owner of a business sold it to a company he had formed‚ in return
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UGANDA CHRISTIAN UNIVERSITY-MUKONO DEVELOPMENT STUDIES STUDENTS ASSOCIATION (DESA) COMMUNITY OUTREACH IN BUGUJJU The Development Studies Students Association Report About Bugujju Community Outreach On 23-11-2013 AMARUMA TOM(ASSOCIATION PRESIDENT) NATAMBA SHADRACK (PATRON). 23-11-2013 THE COMMUNITY OUTREACH REPORT The development studies students association went for a general cleaning exercise at Buggujju trading center on Saturday 23/11/2013. A number of activities were carried
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study of company law I. Sarah’s business act and Richforth Ltd. constitution A company is a legal entity that is separate and distinct from its members and shareholders. When a company is legally formed‚ it has become ‘incorporated’ (Wild and Weinstein‚ 2009). As a legal person‚ a company must act in compliance with existing laws and in accordance with the terms of its constitution. Section 33 (1) of the CA 2006 provides: “The provisions of a company’s constitution bind the company and its
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CURRICULUM VITAE : DIVINE R K MORNY 1. Name of Staff - Divine Richard Kwame Morny 2. Date of Birth - 10th February‚ 1951 3 Nationality: - Ghanaian Postal Address - P.O. Box AN 10690‚ Accra –North Email: dmorni@yahoo.com‚dmorny@gmail.com Cell Phone: +233-20-8127422 4. Key Qualifications Mr Morny has more than 30 years post MBA experience in management practice and consulting and has led more than 20 consultancy assignments most of which have been
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representation of fact. Public Trustee v Taylor Misrepresentation of law (distinction between law and fact is probably no longer supportable in Australia) If the law is fraudulently misstated‚ the representor would be held liable. It would be unconscionable to permit the plaintiff to gain from a fraudulent misrepresentation of law. The consequences and rights (results) should be the same between the making of fraudulent misrepresentation of law by which a party was induced to enter into a contract and from
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COMMERICAL LAW EXAM Agency Definition Agency may be defined as a relationship between the principal (P) and the agent (A) whereby A has the authority to create a legal relationship between P and the third party (T). The purpose of agency is that two people can enter a valid contract with one another without having to deal with each other personally. Instead‚ the contract or other transaction is brought about through A who when dealing with T acts or purports to act‚ on behalf of P. Authority
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TAXATION LAW & PRACTICE EXAM NOTES 2011 |PAGE INDEX | |Income |- Source |Page 3 | | |- Residency |Page 4 | | |- Dual Residents
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COMPANY LAW AND BUSINESS ASSOCIATIONS Shares are securities which companies issue to members of the pubic in order to raise money to finance their operations. Shares are securities because they represent the financial interest which a person has in the share capital of the company. So long as the company is still in business‚ the financial interest (shares) of a shareholder is protected by law and cannot be taken away except by lawful means such as by court order or by nationalization provided
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MEDICAL LAW NOTES Semester 1 2011 Compiled by Gabe and Will Contents Topic 1: Contract‚ Battery & Negligence In order to place medical law in its context‚ each of the potential actions for redress will be explored. Contract – Medicine as trade Existence of contract A contract is an agreement between two (or more) parties 3 elements required for a contract to exist Offer and acceptance (also called agreement) Consideration Intention to create legal relations In the context of a
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EUROPEAN LAW REVISION NOTES BACKGROUND INFORMATION The UK joined the EU in 1973. Originally sent up following World War 2‚ the EU was an attempt by many western European countries to rebuild their economies by working closely together. The idea was that they would be more prosperous when working together. The countries then decided that they would share a common framework of laws in the areas of employment and the trading of goods and services between the countries. Now EU Laws cover other
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