Instructions | This quiz consist of 20 multiple choice questions. The first 10 questions cover the material in Chapter 14. The second 10 questions cover the material in Chapter 15. Be sure you are in the correct Chapter when you take the quiz. | * Question 1 5 out of 5 points | | | In assessing a takeover bid‚ the directors are not expected to consider theAnswer | | | | | Selected Answer: | prospect of their future employment. | Correct Answer: | prospect of their future employment
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2. Explain several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders‚ should the compensation committee of the board devote more to executive salary and bonus (cash compensation) or more to long-term incentives? Why? What role does each type of pay play in motivating managers? There are several dimensions to the principal-agent conflict. Principal-Agent Relationships
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TUTORIAL 2 MEETINGS 1. What is special notice? Give the circumstances for which the notice is required. Special notice is a notice of a proposal to be distributed to all shareholders before a meeting of a company. This notice required if company want to make announce the meeting which is made less than 28 days before the meeting. Circumstances warrant for an adjournment: * When the accounts are not ready for submission at AGM * When it is impossible to maintain order of the
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Answer for Kardell case. 1. The stakeholders are : 1. Jack Green – a young engineer who was assistant production manager and a father of two daughters. 2. Two business persons of Riverside. 3. A representative of the paperworkers’ union at the plant. 4. A Riverside city counsillor. 5. The corporation’s legal counsel. 2. The most importance stakeholder is Jack Green. He was the one who are aware about the consequences of Sonox usage which can effects on the ecology and public health. The
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------------------------------------------------- BKAM3073 ES INDIVIDUAL ASSIGNMENT 1 CASE 1 KISDA is a multi-national oil palm plantation company registered in Malaysia. In 2007‚ KISDA was granted a license to plant oil palm and manufacture palm oil by the National government of Makasa‚ a small African country whose economy is mainly based on agriculture. The National government of Makasa was very keen to develop its economy
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From the introduction of the first public company by Francis Cabot Lowell in 1814‚ the principal – agent conflict between stockholders and managers has existed. The Greed Cycle offers an exploration and analysis of the agency problems that exist between stockholders and managers as well as some of the mechanisms that have been used to reduce these problems. The following review will highlight the changing nature of the goal of the corporation‚ the relationship between agency problems and the goal
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TRUST DEED THIS DEED OF TRUST is made and executed on this the Seventh thy of October two thousand thirteen (07-10-2013) JAYASHREE.P.G‚ 44 Years w/o. Prithviraj.G # 1958/A‚ GRI Road‚ Near Helipad‚ Udayagiri‚ Hassan-573201‚ Tq. & Dl. Hassan. Hereinafter referred as AUTHOR & FOUNDER TRUSTEE / TRUSTEE / GENERAL SECRETARY of the ONE PART. AND 1. GOWRISHANKAR.K.KAPSE‚ 46 Years S/o. Late Sri‚ Kalyanappa.S.Kapse‚ # T-3‚ 4th floor‚ Paradise Residency‚ Venkatesh Nagar‚ Gulbarga-585101‚
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Problem Question i. Knight v Knight set out three requirements for a valid trust. To satisfy the first requirement‚ certainty of intention‚ James must have made it clear that he intended for it to be made a trust‚ rather than a gift‚ as shown in Jones v Lock. The words used in this instance‚ that Kath is mentioned as a trustee and that has absolute discretion when distributing the money‚ can be said to afford a clear intention to create a trust. To satisfy the second requirement‚ certainty of
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Benefits of Setting Up a Trust in Gibraltar A trust allows individuals to safely protect and control their assets. For those who want to ensure that their assets are adequately safeguarded‚ trusts are essential. Some trusts offer more benefits than others‚ with the type and location being the primary distinguishing factor. For individuals who want maximum benefits‚ establishing a trust in Gibraltar is a popular solution. Gibraltar is a unique place that has distinct privileges for non-residents
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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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