Company has a separate legal entity from its members‚ can sue or be sued on its own behalf. As illustrated in Foss v Harbottle (1843)‚ the proper plaintiff is the company itself. In other words‚ directors have the power to decide whether or not to sue in protection of the company. However‚ very often‚ the persons who commit misconduct are the major controller of the company and improbable to permit the company to sue. A common law right is therefore reserved for shareholders to sue the wrongdoers
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FORMULAS TIME VALUE OF MONEY PV (simple without compounding) = FV/1+r FV (simple without compounding) = PV (1+r) PV (compounding) = FV / (1+r)n FV (compounding) = PV (1+r)n PV (for monthly‚ daily or bi-annually basis) = FV / (1+r/m)n*m FV (for monthly‚ daily or bi-annually basis) = PV(1+r/m)n*m To find interest rate: FV = PV (1+r(?))n (FV and PV are given) APR (Annual Present Rate) = r * Total days in a year/given days In Excel: =RATE(n‚pmt‚PV) EAR (Effective Annual Rate)
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universally understood by the reader. The story must present themes which are relevant to the reader‚ in order for it to make an impression. For this reason‚ short stories tend to be based on some type of controversy or debatable issue. In Sinclair Ross ’ highly metaphorical short story "The Painted Door"‚ the explicit theme is centered on adultery. However‚ there are other‚ more subtle‚ motifs in the story that play a very significant a role in its success. The themes essential in making the protagonist
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Michelangelo as some kind of a portfolio through which they concocted new ideas. The prestigious style of buon fresco generated intense interest‚ in particular‚ among a new generation of painters that pioneered a movement later known as mannerism. Ross King’s purpose in writing this book is to detail Michelangelo’s magnificent struggle with personal‚ political‚ and artistic difficulties during the painting of the Sistine ceiling. He also gives an engaging portrait of society and politics during
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EXECUTIVE SUMMARY Frontier National Bank is passing through times of declining profitability and low liquidity. The current morale of the employees is down which in turn is affecting the bank’s performance. To get out of the current situation and expand in other regions a core team has to be formulated to increase the performance. Three options are available to the FNB 1) Formulate a team out of current employees. 2) Recruit a core team from Chicago Bank. 3) Recruit a core team of professionals
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Sinclair Ross’ short story The Painted Door takes place on an isolated farm during the Great Depression‚ whose closest neighbor‚ Steven‚ is two miles away. The isolation is even intensified in this story due to the horrible snow storm. Ann’s husband John braves the weather to visit his father‚ leaving her all alone‚ but on his way he stops by to tell Steven to go play cards with his wife. In situations where people are experiencing strong emotions such as fear‚ desperation‚ or‚ as in the case of
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same mistakes 70 years later in Syria. One reason why I think that the world has not learned form the Holocaust it that places are hesitant to help the Syrian refugees in the article “The politics of the Syrian refugee crisis‚ explained”‚ by Janell Ross. I know this because the US does not want to
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The movie the hunger games by Gary Ross has many features that show Katniess Everdeen adapting‚ surviving and even thriving in the movie. The first thing is Katniss had to do was adapt to her new environment‚ which was relatively easy for her. She steams from district 12 which is one the districts ruled by the government and are often treated bad‚ making life miserable for the people‚ often making people hunt for their food like Katniss. All that experience and mistreatment led to Katniss being
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of uncertainty triggers many emotions previously mentioned. Loss and grief are significant and inevitable factors in everyday life which alter a person’s character and dramatically alter or influence their core values and beliefs. Elizabeth Kubler-Ross -5 Stage Model analyses human emotions and psychological impact of terminal illness upon terminally ill individuals. She examined many emotions for example; “denial‚ isolation‚ anger‚ bargaining‚ depression” and finally “acceptance” Anon.‚ 2015. study
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GOODWAY (CORPORATE FINANCE) I. INTRODUCTION I.I. Company History Goodway Rubber Industries Sdn Bhd (“GWRI”) commenced its operation in Sabah in 1990. In 2003‚ Goodway Integrated Industries Berhad (“GIIB”) was established as an investment holding company of GWRI and all its subsidiaries. GIIB was listed on the Second Board of Bursa Malaysia Securities Berhad in 2004 and currently listed on the Main Board. The Company operations located at Nilai‚ Negeri Sembilan. Goodway has manufacturing
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