AC208 Company Law Assignment Name : Wong Kai Jun Tutorial Group : T14 Tutor : Assoc/P Gan Lay Hong‚ Pauline Company Law Assignment The law requires that directors not take corporate opportunities without the permission of the company. The first part of the essay will touch on the ambit of this duty‚ and then I will go on to discuss whether the law imposes too harsh a burden on directors in this regard. First of all‚ "corporate opportunity" refers to a business opportunity
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Ltd suffered from financial crisis in the mid-2009‚ while during this time‚ the board of directors makes a decision for declaring a dividend to members‚ and‚ consequently‚ the company went into bankrupt shortly afterwards the dividend is paid. The legal issue that needs to be identified is whether the directors of the company have breached the relevant law in relation insolvent trading. Afterwards‚ it is significant to ascertain whether there are any defences which are available to them‚ because all
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COMPANY ACT 1965 It was mention in paragraph one that both Encik Zayed and Puan Hashimah does not familiar with provision of company act 1965 and the duties their roles and duties as Company Directors. According to section 122 (1) every company shall have at least two directors‚ who each has his principal or only place of residence within Malaysia. So they follow the provision of section 122(1) which is mention about at least 2 directors and both of them are the directors of the company. For their
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marginal tax rate that is lower than the company tax rate will pay no tax on a fully franked dividend received‚ and the excess credit can be applied against other assessable income. a. True b. False 7. A company’s liquidity‚ that is‚ its ability to meet its short-term financial obligations‚ may be measured using the current ratio and the liquid ratio. Of the two ratios‚ the latter is the more stringent measure. a. True b. False 8. It can be safely inferred that a company with a low current ratio is a riskier
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and overreactions‚ Journal of Finance 53‚ 1839-1885. 11. Dawes‚ R. (2001) Everyday Irrationality: How Pseudo-Scientists‚ Lunatics‚ and the Rest of Us Systematically Fail to Think Rationally‚ Boulder‚ Co: Westview Press. 12. De Bondt‚W. & Thaler‚ R. (1985) Does the stock market overreact?‚ Journal of Finance 40‚ 793-805. 13. De Bondt‚ W. & Thaler‚ R. (1987) Further Evidence on investor overreaction and stock market seasonality‚ Journal of Finance 42‚ 557-581. 14. Dimson‚ E.‚ Marsh‚ P. & Stauton‚ M.
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The company I have found that has social responsibility deeply rooted in it’s strategy is The Hershey Company. The Hershey Company is enormously significant as it has operations in over 90 countries. Hershey’s mission statement is “Continuing Milton Hershey’s legacy of commitment to consumers‚ community and children‚ we provide high-quality HERSHEY’S products while conducting our business in a socially responsible and environmentally sustainable manner.” The Hershey Company is the largest
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Caso: La Nichols Company 1. Independientemente de las limitaciones del centro de máquinas‚ prepare un programa de planeación de requerimientos de materiales y también los perfiles de la capacidad para los cuatro centros de máquinas. Joe Williams es el presidente de la Nichols company‚ que fabrica tres productos primarios y cuenta con más de 355 empleados. La empresa ha tenido algunos problemas con su cadena de suministro en los últimos meses y‚ por lo tanto‚ se ha visto afectado el servicio
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Problem Statement What costing System should Landau Company adopt to best depict the company ’s Income Statement? Objectives To adapt an accurate costing system that would depict the monthly income statement of Landau Company. To cite the Pros and Cons of the chosen costing system. To enhance management ’s control efforts and present a rational and balance Income Statement. Areas of Consideration The significant increase of sales in July over June‚ yet income was lower
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In 1993‚ the Tucker Company underwent an extensive reorganization that divided the company into three major divisions. These new divisions represented Tuckers three principal product lines. Mr. Harnett‚ Tuckers president‚ explained the basis for the new organization in a memo to the board of directors as follows The diversity of our products requires that we reorganize along our major product lines. Toward this end I have established three new divisions commercial jet engines‚ military jet engines
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COMPANY POLICY Table of Contents Introduction About the Company Hours of Operation/Work Schedules Telecommuting Attendance Policy Leave of Absence Policy Family Medical Leave Pay and Compensation Overtime Vacation Holidays Personal Days Sick Days Funeral Leave Jury Duty Military Reserve Duty Health Benefits Flexible Spending Accounts Equal Employment Policy Termination Drug and Alcohol Policy Safety Policy Workplace Security Policy Dress Code Policy Smoking Policy
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