Executive Summary Goodrich Company was suspected of publishing falsified qualification report of its new-designed aircraft brake for the A7D. Kermit Vandiveer‚ a data analyst and technical writer in Goodrich‚ was ordered by the executives to issue a false qualification report. Initially‚ Vandiveer refused and got support from his supervisor. However‚ under the pressure he had to offered artificial graphic presentation in the report. After the failing flight test‚ Vandiveer disclosed the misconduct
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Common law and Equitable principles also apply. Partnership Act governs the partnership of ‘Health Plus’. Sec. 30 of the Act‚ as it relates to misappropriation of partnership property. The application of Sec. 39 Partnership Act 1895 and the Fiduciary Duty breached. Supreme Courts position to dissolve the Partnership due to absence of an agreement. Step 2:- The partnership of Health Plus is a verbal agreement. Hence it is governed by the Partnership Act 1895. Firstly it is evident that a Partnership
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The O’Malley dilemma occurs when a guy named Harry O’Malley who is the director of a nonprofit organization called Health Planning Team (HPT)‚ is encountered with a combative member of the board‚ who begins to make improper demands that are placed upon Harry. This member on the board also happens to be the chair of the board and his boss. Subject of dispute associated with conflict of interest‚ and members being taking advantage of. Harry has to make a tough decisions on whether he should blow the
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be given the opportunity to resubmit your assignment. Question 1: Describe the meaning of the term ‘Agency’ and identify the types of agency relationships that a real estate agent may enter into. Definition of Agency: "Agency" means a fiduciary relationship between a principal and an agent arising out of a brokerage agreement whereby the agent is engaged to do certain acts on behalf of the principal in dealings with a third party. Duties: A licensee who provides services through a brokerage
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What are the defenses to a breach of contract? If someone is accused of breach of contract‚ there are a number of defenses available to argue that a contract should not be enforced. If any of the basic contract elements are missing‚ or if the contract was made with someone of diminished capacity or for illegal purposes‚ a contract can be unenforceable. Some other examples of potential defenses to enforcement of a contract are mutual or unilateral mistake‚ duress or undue influence‚ unconscionability
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BCEInc-Bondholder Case 1. List the key stakeholders and their interests in the proposed privatization of BCE. Who would be the winners and losers if the proposed privatization of BCE were to proceed? * Board of Directors of BCE- Interested in maximizing shareholder value and would be considered a winner if privatized. * Bondholders- Interested in maintaining investment grade bonds of BCE and would be considered losers if BCE is privatized since their bonds would most likely become junk
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8 0 3 W BLA 7 3 r e t p a Ch erg b d l o G r o s s e f o Pr Partnerships have existed for thousands of DETAILS: years. partnership can be created with no formalities‚ its partners are managers‚ partners are fiduciaries‚ partners have unlimited liability‚ and partners share profits and losses Example Two students agree to buy basketball tickets‚ to resell them (scalping)‚ and to share the profits. They may not intend to create a partnership‚ but they have. If one of the students has a bad night
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Lecture 8 Law of Contract: Genuine Consent INTRODUCTION Although the contract may have the essentials of a valid offer‚ acceptance‚ legal intentions and consideration‚ its validity or enforceability may be affected by a number of factors. The agreement may be wanting in genuine consent between the parties. That is‚ although the parties may appear to have reached an agreement‚ it may not have been genuinely achieved because of misconduct‚ pressure‚ unfairness‚ or fear by those involved
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2. Causes 2.1 Breach of fiduciary duties As an employee of the law firm Simpson Thacher & Bartlett‚ Metro owes his fiduciary duties of confidentially to the information he is able to access. Yet‚ Metro failed to hold his duties by committing insider trading upon using and disclosing confidential client information to the third
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Responsible Investing Values-Driven and Profit-Seeking (S)RI Dr. Jeroen Derwall November 20‚ 2012 Equity Analysis and Portfolio Management (EBC4112) – Week 4 Agenda What is (S)RI and related concepts Equity RI: theory and evidence “Values” and “social norms”: what are the effects of ethical exclusion on returns? What do we need to know to obtain positive returns/alpha? Errors in expectations Segmentation of the SRI movement solves “performance puzzle” Both controversial
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