CONSEQUENCES OF INCORPORATION 1. What is meant by separate legal entity & the corporate veil? 2. When will the corporate veil be lifted (ie. shareholders held to BE the corporation)? a. Fraud b. Agency c. Groups d. Tort How does a comp become separate legal entity? • Comp become SLE on date of certificate of registration and approval with ASIC: s119 CA • Effect: become SLE or “legal person” with legal capacity/powers of corporation: s124 Corporate Veil & Separate
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numbers of homeless youth are hard to determine because the lack of standard methods and the mobility of the homeless population. The amount of homeless youth is staggering and heartbreaking. There are many factors that lead to homelessness‚ and many consequences
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The Consequences of War War is portrayed in many ways. It can be portrayed in different types of media such as movies‚ film‚ books‚ and art. For example‚ Dao‚ James article "The Dogs of War‚ Suffering Like Soldiers”. It talks about how dogs that participate in war suffer just as much as the soldiers do. Another example is the picture “Consequences of War” by Peter Paul Rubens which shows violence and anger. The final example I will be discussing is the photographs by James Nachtwey which show the
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As it has been described in the previous part‚ the developing countries due to inability to serve their debts were forced to borrow funds from the IMF and the World Bank and accept the severe structural adjustment programs bound to the loans. The same happened to the developed European countries‚ which were badly hit by the global financial and then by the Eurozone sovereign debt crises in 2008 and 2010 respectively. The debt crisis has shown that the problem of indebtedness is no longer exclusive
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RUNNING HEAD: Conformity or Consequences Conformity or Consequences After reading the story about a fifteen year old‚ Caucasian girl named Sarah‚ we find out that she is a sophomore in high school and lives in an affluent part of town with her parents. Sarah‚ like most teens that still live at home with parents have a certain time to be in the house every night. This is called a curfew. Most teens Sarah’s age despise any kind of rules their parents set forth‚ especially a curfew
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country. Its an eternal emotion that keeps us bound to value our native land and everything related to it i.e. our motherland. Its this emotion that brings unity among nations which is a positive consequence. Though there are few negative consequences of Nationalism as well. There are many positive consequences of Nationalism besides unity that is being united as a nation. In a nation there are various groups of people belonging to different spheres and circles of life having different cultures and traditions
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The Consequences of Tourism on the Coromandel Peninsula Report to UNESCO by mary o 8 March 2012 Tourism on the Coromandel impacts people by creating a better economy and more jobs. Kevin Blakeford‚ editor/publisher of the NZ Travel Memo stated the “Coromandel tourism industry has an estimated annual worth of $360million and is growing at 5% per annum”1. The money being brought in by tourism is creating more jobs‚ which benefits the community. The downside is that it creates
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Matt Unick Prof. Rhone 11/15/12 ENG 101 Consequences of technology The most significant event in history has been argued by many scholars through the years. The industrial revolution‚ the renaissance‚ or even the Neolithic revolution all have been the top choices. One event that doesn’t get as much attention is the event that is happening in the world today. The world is going through a technology surge unlike ever before. It is an increasing advancement in technology with every passing
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Ross Carroll rcarroll@sfu.ca Experiencing Society (120) Consequences of Conformity “Man is born free‚ and everywhere he is in chains” (Jean Jacques Rousseau‚ Social Contract‚ 1762). From the moment of birth‚ man is burdened with an immense social pressure to act within social guidelines that are considered acceptable. Whether they truly are beneficial or not is irrelevant. Influences such as the government‚ the media‚ and religion force us not only to abide‚ but to believe in these guidelines
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Unknown Consequences Throughout Kindergarten until roughly 9th grade‚ my parents were always complimented by my teachers on how well I could distract other students. Each teacher had a different “discipline” method. Interestingly enough‚ they all had one trait in common‚ writing. Writing “I will not ______” hundreds of times. Writing all the “A” words in the dictionary and their definitions until my hour detention was up. My all-time favorite was when I would have to copy random papers my teacher
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