would Morr’s capital account be credited ? a/ 32500 c/ 50‚000 b/ 40000 d/ 72‚500 5/ Pavin and abdel share gains and losses in the ratio of 2:1 . After selling all assets for cash ‚ dividing the losses on realization ‚ and paying liabilities ‚ the balances in the capital accounts were as follows : Pavin ‚ 10000 Cr ‚ abdel ‚ 2000 Cr. How many of the cash of 12000 would be distributed to Pavin? a/ 2000 c/ 10000 b/ 8000 d/ 12000 chapter 13: 1/ which of the following
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irrelevant whether Jim knew the liquid was vodka because driving while intoxicated is a strict liability offense. Jim’s attorney contends that if the statute‚ which imposes a severe punishment without proving any mens rea on the defendant’s part‚ is a strict –liability statute‚ it would be unconstitutional. ISSUE The issue in this case is whether Michigan Vehicle Code MCL 257.625 is a strict liability statute? RULE MICHIGAN VEHICLE CODE (EXCERPT)‚ Act 300 of 1949‚ MCL 257.625(1) - (1) A person‚
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for the intention of maintaining public order‚ establishing a set of public norms‚ and to create a level of predictability in human behavior and the jurisdiction for this case is judicial. What is accomplice liability and criminal liability and how does it relate to this case? Accomplice liability allows the court to find a person criminally liable for acts committed by a different person. If a person aids‚ assists‚ or encourages another in the commission of a crime‚ they are said to be an “accomplice”
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CHAPTER 6: ACCOUNTING FOR GENERAL LONG-TERM LIABILITIES AND DEBT SERVICE OUTLINE Number Topic Type/Task Status (re: 12/e) Questions: 6-1 Reasons for general long-term liabilities Explain 6-2 6-2 Disclosures of types and changes in liabilities Explain 6-6 6-3 General obligation bonds Describe 6-3 6-4 GO Bonds and enterprise funds Explain 6-5 6-5 Debt margin Explain 6-7 6-6 Purpose of debt service funds Explain 6-8 6-7 Number of debt service funds Explain 6-11 6-8 Year end balance
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To: Senior Attorney From: Paralegal Re: Vicarious Liability John Stokely is responsible for injuring the motorcyclist while driving a vehicle from AAA Auto Dealers. Employers are vicariously liable under the respondeat superior doctrine. In the respondeat superior doctrine‚ in most cases‚ an employer is responsible for the actions of employees performed within the scope of employment. John Stokely used the company’s vehicle for personal reasons‚ regardless of what they were‚ and negligently
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Tran Le The Nhu _ BBA01Qt03 Compare between Private Enterprise and One member limited liability companies Differences | | Private Enterprise | One member limited liability companies | 1. Capital owner | The owner of enterprise must be an individual (Article 141 – paragraph 1) | Is an enterprise which is owned by one organization or individual (the company owner) (Article 63 – paragraph 1) | 2. Share and security | Shall not be allowed to issue any type of securities (Article
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Law coursework on the English Legal System and Corporate Criminal Liability. Question 1 a) The sources of the English legal system are: • Case law is judge made law. • Acts of Parliament creates a new law or changes an existing law. It is the most important source of law. Acts of Parliament are made by the Parliament‚ which consists of the House of Commons and the House of Lords. • Statutory Interpretation is the process by which judges interpret and apply acts of parliament. In order to
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It is probable that Bob will attempt to claim damages by finding Dale Cooper liable for vicarious liability‚ as he began to suffer from PTSD after killing Mike. Much like Mike’s estate‚ Bob will also have to prove that the requirements for vicarious liability are suffice. However‚ Bob’s claim falls short of success due to the defence of contributory negligence under the Law Reform (Contributory Negligence) Act 1945‚ Section 1(1). It was clarified in Pitts (1990) that one party cannot be the completely
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discussion thread‚ describe an area of caution that this material suggested to you as a teacher‚ and share any personal thoughts you might have on the issue. An area of caution that I might have an issue for my rights and responsibilities is 9-2j Tort Liability and Negligence. I can relate to the example in the text about a teacher getting charged with negligence when a child fell from a playground structure while the teacher was attending to other children. No‚ I did not get charged with negligence‚ but
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Austria [2003] ECR I-10239 Journals Emiliou N‚ ‘State Liability under Community Law: Shedding more Light on the Francovich Principle?’ (1996) 21 ELRev 399 Beutler S‚ ‘State Liability for Breaches of Community Law by National Courts: Is the Requirement of a Manifest Infringement of the Applicable Law an Insurmountable Obstacle?’ (2009) 46 CMLRev 773 Craig P‚ ‘Once More unto the Breach: The Community‚ the State and Damages Liability’ (1997) 105 LQR 67 Questions to discuss during the tutorial:
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