Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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Funding Agencies : Funding Agencies Gadade Dipak D. Shri Bhagwan College of Pharmacy‚ Aurangabad What is funding agency? : What is funding agency? Govt. or Non-govt. body providing monetory grants for scientific research Areas- Science and Technology‚ Social sciences‚ etc. Which are different funding agencies? : Which are different funding agencies? All India Council for Technical education(AICTE) Council of Scientific and Industrial Research (CSIR) Defence Research and Dvpt.
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Doctrine: Limitations in Establishing Corporate Criminal Liability The identification doctrine is the traditional method by which companies are held liable under the principles of the common law. According to this theory‚ the solution for the problem of attributing the unlawful acts to a corporation for offences that require intention was to merge the identified individual with the corporation. For the purpose of establishing corporate liability‚ a company may be responsible for the wrongful acts of
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Liability for Omissions The law has historically been reluctant to impose a general liability for omissions as opposed to positive acts. This means that there is no general duty of care in tort to act in order to prevent harm occurring to another. In Smith v Littlewoods Organisation‚ Lord Goff stated clearly that “the common law does not impose liability for what are called pure omissions”. Similarly‚ in Yuen Kun Yeu v A-G of Hong Kong‚ Lord Keith stated that people can ignore their moral responsibilities
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say‚ and what you do are in harmony." - Mahatma Gandhi AS "Happiness depends upon ourselves." - Aristotle In Nichomachean Ethics‚ Aristotle argues the highest end is the human good‚ and claims that the highest end pursued in action is happiness. Also‚ Aristotle claims that happiness is achieved only by living a virtuous life - "our definition is in harmony with those who say that happiness is virtue‚ or a particular virtue; because an activity in accordance with virtue implies virtue. Indeed‚ we
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taxpayers and to victims According to the Institute for Prevention of Crime (2009)‚ for every 1‚000‚000 Canadians there are 60‚000 victims of assault‚ 16‚000 victims of sexual assault‚ and 18‚000 victims of theft from or of cars. These statistics are limited because they come from police recorded data. Statistics Canada surveys show that less than 50% of victims report to the police. Additionally‚ there are 600 recorded homicides annually. Approximately‚ 100-120 of these homicides are related to handguns
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STUDY ON ASSET LIABILITY MANAGEMENT IN BANKS ABSTRACT: In banking‚ ASSET AND LIABILITY MANAGEMENT (often abbreviated ALM) is the practice of managing risks that arise due to mismatches between the assets and liabilities (debts and assets) of the bank. This can also be seen in insurance. Asset liability management (ALM) is a strategic management tool to manage interest rate risk and liquidity risk faced by banks‚ other financial services companies and corporations. Asset-liability management basically
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The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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Traumatized because of the WWI‚ Jake‚ Brett and Cohn are desperately disillusioned and in search of new ideals to stick to‚ and the main reason why these people are constantly wandering about‚ drinking‚ partying and trying to make love can be related to both Hemingway’s personal life‚ marrying to several girls and having sex with several girls or woman‚ and the postwar world which resulted in wounds and deaths of thousands of people and made these people rethink or reconsider the ideals or codes
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Police Negligence and Liability 1 Running Head: Police Neglect/Liability Police Negligence and Liability Police Negligence and Liability 2 Abstract The purpose of this paper is to examine factors involved in police negligence and the extent of liability the officers hold. Are police officers held accountable for their misjudgments or reckless behavior when they are at fault? This paper exams relevant cases in which police officers have been
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