Fiduciary Duties of Directors 1) Duty to act in good faith in the interests of the company In Re W & M Roith Ltd [1967] 1 All ER 427‚ the controlling director of a company had given many years services without having a service contract. He was then given a service agreement providing for payment of a pension to his widow if he died while still a director. He was already in poor health at this time and he died two months later. The pension was paid for several years and then the company went into
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Turner Introduction to duty of care in health‚ social care or children’s and young people settings 1. Understanding the implications of Duty of care. 1.1 * A duty of care means that all health and social care professionals and organisations providing health and care services‚ must act in the best interests of the people they support. 1.2 * The expression is that we ‘owe’ a duty of care to the people we work with. ‘owe’ is a useful word to describe the nature of the duty of care because it
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In tort law‚ a duty of care is a legal obligation which is imposed on an individual requiring adherence to a standard of reasonable care while performing any acts that could foreseeably harm others. It is the first element that must be established to proceed with an action in negligence. The claimant must be able to show a duty of care imposed by law which the defendant has breached. In turn‚ breaching a duty may subject an individual to liability. The duty of care may be imposed by operation of
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SCI Education services Ltd. Course: BBA Module: Fundamentals of Computer Topic:- Organization of Computer ( Questions & Answers) Assignment # 3 Submitted To: Ms Anum Latif Submitted By: Fatima J.Aldeen Date: 14/09/2013 Q1) Explain the functions of input and output devices. Ans) Before knowing anything about the features of these devices‚ we should know what they basically are. The information or data that’s entered or sent to the computer to be processed is considered input and
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Sometimes the cost of making people proud can be nerve racking‚ but it is usually worth it. After two and a half months of planning and three days of beautiful weather‚ I finished my boy scout Eagle project. It was the biggest project I had ever taken on; by myself I was in charge of getting a hold of permits‚ donations of food and paint‚ and organizing volunteers so that the underpass on first avenue north could be repainted. I sat on an old couch in an even older building waiting outside an office
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With all the hatred and negativity going on in today’s society being proud of my identity is much more challenging; especially when more than half of my identity is criticized and villainized in major media outlets. Everyone’s identity consists of multiple components‚ for me‚ my family’s background and religious beliefs are two major components that shape my identity. Post 9/11 people who identify as Arabs and/or Muslims have been looked down upon‚ even more so now due to recent political events
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Awareness in Reading: EFL Students’ Metacognitive Knowledge of Reading Strategies in an Acquisition-poor Environment Lawrence Jun Zhang National Institute of Education‚ Nanyang Technological University‚ Singapore Although studies on L2 learning strategies are a major strand of second-language research‚ recent research interest has focussed on language learners’ metacognitive knowledge or awareness of strategies. Previous research has shed important light on the amelioration in L2 educational
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Fundamentals of Macroeconomics Lisa Rasch ECO/372 June 18th‚ 2012 Sigmund Karczewski Fundamental of Macroeconomics Part 1 * Gross Domestic Product (GDP)- GDP is the value of all goods and services that have been produced in a country within a period of time. * Real GDP- Real GDP refers to the value of all goods and services that has been adjusted for inflation or deflation. * Nominal GDP- Nominal GDP refers to the value of all goods and services that has not been adjusted for
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5. Director’s Duties Director’s Duties are part of the idea of risk management; because they take risks all the time‚ they require a certain element of regulation. The law must provide a way of mitigating against the risk‚ so creditors and shareholders can have potential recourse. This is all done indirectly; the company will recover in the event of a breach of duty arising. If the company recovers and suffers no harm‚ then that protects shareholders and makes sure their investments are secure.
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DUTY OF CARE Duty of Care The legal definition for the term ‘Duty of Care’ means that person acts towards others and the public with watchfulness‚ attention‚ caution and prudence that a reasonable person in the same circumstances would. If a person’s actions do not meet this standard of care then their acts are considered negligent and any damages resulting may be claimed in a lawsuit for negligence. ‘Duty of Care’ means that whilst we are responsible for another persons wellbeing we must
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