Breach of Fiduciary duty of director According to S.4(1) of Companies Act (CA) 1965‚ director includes any person occupying the position of director of a corporation by whatever name called and includes a person in accordance with those directions or instructions the directors of a corporation are accustomed to act and an alternate or substitute director. Directors have a fiduciary duty to the company which is duty to act in good faith in best interest of the company and act for a proper purpose
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the Duty of Care in Health and Social Care in Children and Young People Settings Understand how duty of care contributes to safe practice 1 Explain what it means to have a duty of care in own work role Duty of care is defined simply as a legal obligation to : Always act in the best interest of individuals in care and others Not act or fail to act in a way that results in harm Act within own competence and not take on anything not believe we can safely do As a care worker‚ we owe a duty of care
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1. Duty to follow principal’s directions or customs (Sec. 211): The first duty of every agent is to act within the scope of the authority conferred upon him and perform the agency work according to the directions given by the principal. When the agent acts otherwise‚ if any loss be sustained‚ he must make it good to the principal‚ and if any profit accrues‚ he must account for it. Illustrations: (a) Where the principal instructed the agent to warehouse the goods at a particular place
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means to have a duty of care in your work role. Explain how your duty of care contributes to safeguarding individuals. Having a duty of care in my work role basically means that I have a legal obligation to behave in a way that does not cause any harm to the service users and to always act in the best interest of them and others. It also means that I must never act outside of my competence or take on any work that I don’t believe that I can carry out safely. It means that I owe a duty of care to the
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Rights and Duties are an integral part of everyone’s life. It would be very difficult‚ if not impossible‚ for this world to go on if we do not assume our rights and duties. As Nelson Rockefeller said‚ I believe that every right implies a responsibility; every opportunity‚ an obligation‚ every possession‚ a duty. Everyone in this world has some duty to perform‚ ranging from the head of the country to run the county to a common man to earn bread for his household. Wole Soyinka in his play Death and
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Learner: Faith Azubuike Location: Baytress Duty of Care L2 unit205. Q1. What is the difference between a ’S’ and a ’S’? Define the duty of care? Duty of care is defined as a legal and ethical obligation which ensures a reasonable standard of care for people‚ we support and to act in a way to protect their safety. Q2. What is the difference between a ’S’ and a ’Q’? Describe how duty of care relates to duty of candour. The duty of care is a legal and ethical obligation which focuses on the safety
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and responsibilities relating to duty of care around clients with disabilities is guided by The Disability Act of 2006 and the Disability Amendment Act 2012 which made minor changes to the Disability Act 2006 and the Disability Discrimination Act of 1992. Set standards are legally binding regulations. However‚ guidelines that support individuals and organisations to understand their rights and fulfil their responsibilities are not legally binding. However‚ duty of care requires that all reasonable
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Negligence‚ duty and Breach of Duty. To constitute a legal action against some one’s negligence‚ several requirements to be fulfilled. First one is that there must exist some duty of care towards the plaintiff by the defendant. The second one is that the defendant should breach such duty of care imposed on him. The third one is that the negligence done by the defendant should be the cause of the harm resulted to the plaintiff. The fourth one is that the harm should have some monetary value.
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Wide varieties of demographics come into contact with the criminal justice professional. Certain populations require different approaches in procedure and cultural understanding. Common needs of populations which cross over are safeguarding civil liberties‚ remaining aware of cultural differences and maintaining order. Understanding the population is key to understanding responsibilities. Paramount to any criminal justice career field is safeguarding civil liberties. Civil liberties are defined
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Ong (CEO) Duty of care‚ skill and diligence: Ong failed to use reasonable diligence in discharging his duties. He did not inform the Audit Committee (“AC”) of the controversy surrounding the recognition of ISR revenue. For AIP‚ he made unwarranted assumption to consider ‘start of course’ as ‘start of course procedure’ without seeking professional advice. He had inappropriately recognized Franchise Revenue ‚ contributed by flip pathfinders’ agreements‚ albeit knowing that these agreements were
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