“Describe how Enron could have been structured differently to avoid such activities” Enron consisted of a Board of Directors‚ Chief Executive Officer (CEO)‚ Chief Operating Officer (COO)‚ Chief Financial Officer (CFO)‚ Chief Accounting Officer (CAO) and a plethora of other officers. The upper level structure of Enron was normal compared to many other large businesses. The Board of Directors is charged with making policies for the company and the CEO and other officers are responsible for carrying
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Contract Law Name BUS 311 Business Law I Professor Date The law of contracts has been a part of our culture for a long time. Contracts are an agreement‚ either written or spoken‚ with a company or person to do something that is agreed upon with binding terms. Contracts are the glue that keeps the world of business together. They bind employees and companies‚ consumers and producers‚ and suppliers and wholesalers. A contract can vary from country to region or even jurisdiction‚ but a
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or four decades India had pushed forward its position and became a most developed country among the developing countries. The 21 century is dramatic changes have happened in the shift of global power to start a power distribution in global politics. This 21th century has been a different from cold war period. The end in the ideological clash and strategic competition has led to a new hope of building a peaceful and cooperative world order. Foreign policy of a country is the key to promote a peaceful
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CONTRACT LAW – LECTURE 4 Promissory estoppel Is about the enforceability of all alteration promises (promises to pay more and promises to accept less) and by contrast estoppels does not apply to promises about the formation of initial contracts Ex. If a creditor promises to accept a smaller sum in full settlement intending the debtor to rely on that promise‚ and the debtor does rely on it‚ the debtor may have a defence of promissory estoppels when sued for the balance by the creditor. The promise
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Employment-at-Will Doctrine Assignment 2 Ebony Hill Course Name: LEG500 Date: February 9‚ 2015 Executive Summary As a recently-hired Chief Operating Officer (“COO”) in a midsize company preparing for an Initial Public Offering (“IPO”)‚ I quickly discovered multiple personnel problems that require immediate attention. I have provided some recommendations on how to resolve these problems‚ in light of the employment-at-will doctrine and the current state of whistleblower laws. The Employment-at-Will
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Terms The content of a contract are made up of terms (or ‘clauses’ as they are called in the case of written contracts) which may be express or implied. The express terms are the terms which the parties actually stipulated for themselves when making the contract‚ whether orally or in writing. In addition to the express terms‚ the courts sometimes‚ for a variety of reasons‚ imply certain terms into the contract. Implied terms are terms that are not expressly stated in the contract but are deemed to be
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abuse seriously. Abuse is tagged with a minimum ban for three matches‚ which Dempsey received. He could have easily had his actions labeled assault‚ which carries a minimum six match ban. It is not over for Dempsey though. U.S. Soccer will be ruling next week that could impact the forward’s eligibility for the Open Cup next year. If the suspension went beyond the three games‚ and into July‚ it could have kept Dempsey out of the Gold Cup in July and the USMNT friendly on July 3 against Guatemala.
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serpent is described as being cleverer than any other animal of the field. This probably is why Satan chooses to take the form of a snake. Eve seems not to think it unusual that the serpent could speak to her. Possibly‚ Adam and Eve could communicate with animals‚ but again that is pure speculation. Satan begins the temptation with a question‚ "Hath God not said Ye shall no eat of every tree of the garden?"(Gen. 3: 1) This is the way of Satan to bring into question what God has plainly stated. It
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In Malaysia‚ our contract law is basically governed and enforced by the Contract Act 1950. The remedy of specific performance presupposes the existence of a valid contract between the parties to the controversy. The terms of the contract must be definite and certain. This is significant because equity cannot be expected to enforce either an invalid contract or one that is so vague in its terms that equity cannot determine exactly what it must order each party to perform. It would be unjust for a
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Police Officers Make Mistakes Too Everyone makes mistakes‚ even police officers. Police officers must make life changing decisions in a split second. Sometimes‚ these decisions are not the right decision based on the law. The Supreme Court recognized that police officers will make mistakes. Even the Fourth Amendment permits an officer to make mistakes and when an officer makes a mistake‚ the Court has ruled that the violation may not have a civil liability. Many times‚ the evidence discovered by
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