CONSEQUENCES OF INCORPORATION 1. What is meant by separate legal entity & the corporate veil? 2. When will the corporate veil be lifted (ie. shareholders held to BE the corporation)? a. Fraud b. Agency c. Groups d. Tort How does a comp become separate legal entity? • Comp become SLE on date of certificate of registration and approval with ASIC: s119 CA • Effect: become SLE or “legal person” with legal capacity/powers of corporation: s124 Corporate Veil & Separate
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majority of the people have been hijacked by a few powerful individual who now control land and land resources in collaboration with multinational companies. In most part of southern Nigeria‚ particularly the Niger Delta region‚ the administration of Landwas carried out under the customary tenure. At this point of time Nigeria was under military dictatorship.Following are a couple of the drawbacks of the Act: 1)Power of Governor to revoke rights of occupancy. The main fault of the Land Use Act
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unacceptable in order to complete and pass any given assignment by the professors‚ or schools standards. The different methods of cheating have changed and evolved over the past years‚ and like any other unethical decision has continued to result in consequences that could possibly affect students for the rest of their lives. I remember my classmates in elementary school cheating on tests and getting caught most of the time. Many of my classmates in high school got after school detention for cheating
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Evaluate the causes and effects of migration between Mexico and the USA Migration is moving from a place to another and intending to settle there. Mexicans migrate to the USA‚ but there are many reasons why. Push and pull factors are why they move. A push factor is something that is negative and pushes them away‚ like war‚ poverty and lack of opportunities. Meanwhile a pull factor is something positive that pulls them to a place like‚ better jobs‚ healthcare and lifestyle. There are multiple push
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Teen Marriage In today’s world‚ teens’ take marriage for granted. Marriage should be something special and sacred. In some religions teens’ have to get married at an early age and sometimes even arranged marriages. Teens’ are not mature enough to make a decision and to deal with life changing circumstances that come with marriage‚ like teen pregnancy. Peer pressure sometimes play’s a part in teen marriage because one or the other feel’s forced to make decisions they don’t want to. Today‚ many teens’
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In this essay‚ I will focus on two important causes of air pollution‚ which are vehicle emission and indoor air pollution. As for the part of problems‚ I will focus more on their effects to the well being of the general public. For the part of solutions‚ I will focus more on the issues of the Government and what the public can do to help to eliminate the problems of air pollution‚ so that Hong Kong can continue to prosper in the coming future The causes and problems: 1.Vehicle Emission Vehicle emission
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British Colonizing in Nigeria In the late 19th and early 20th century‚ Europeans had raced to colonize the country Africa. Great Britain was the leaders at this time in colonizing the land filled with rich natural recourses. These recourses were considered a necessity to the industrialization of the world‚ specifically Nigeria. During this colonization that Great Britain was doing in their new land‚ you could imagine that the locals were not too happy about this. The British had no respect for
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Management 307 Shell-Nigeria case The Business Ethics of Shell in Nigeria The Shell-Nigeria case has produced great debates about business practices and what is deemed ethical behavior. When applying the views of some of the great moral philosophers‚ economists‚ and philosophical concepts in history to the Shell-Nigeria case‚ one is left with a variety of diverse viewpoints about whether or not Shell’s business practices were ethical. Philosopher and economist‚ Adam Smith‚ would likely have
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YOUTH UNEMPLOYMENT Unemployment arises whenever the supply of labour exceeds the demand for it at the prevailing wage rate. Causes of unemployment can therefore be analyzed from both the supply and the demand sides of the labour market in Nigeria. On the supply side‚ there is the rapidly growing urban labour force arising from rural-urban migration. Rural-urban migration is usually explained in terms of push-pull factors. The push factors include the pressure resulting from man-land ratio
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School bullying may affect students including victims and bullies. It has short and long term consequence that will affect their personality or even their future. Victims Firstly‚ victims who are being bullied may experience many immediate mental or physical health-related consequences. There is a studies show that victims have more psychological stress such as anxiety‚ sadness‚ low-esteem‚ sleep difficulties‚ headaches‚ stomach pain and general tension then their peers who are not being bullied
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