effects Characteristics of a company -Companies are artificial entities with rights and liabilities separate from their shareholders or members -s119: company comes into existence as a body corporate at the beginning of the day on which it is registered with the name specified in its certificate of registration -This legal entity is separate from its members so assets of the company are not the assets of its members and contracts entered into by the company will create rights and liabilities
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Problem-solving and critical thinking are vital for law enforcement employees. One must think critically while performing their duties as a police officer on the streets‚ a probation officer in the community‚ or as a prosecutor in a court of law. Prosecutors and defense attorneys must use their discretion in cases that are brought before them. They must decide the right avenue to go with these cases. They can either give a plea bargain or go to trial. They must decide which one will serve the person
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1. (A) : Agent: An agent stands in a fiduciary relationship with the principal. According to Doolan (1981)‚ an agent must not allow a situation to occur duty to the principal conflicts with personal interest and he/she must act in good faith also. As has been argued‚ Doolan (1981) states that an agent is authorized by the principal to perform certain acts‚ for and on behlaf of the principal. According to Doolan (1981)‚ an agent is never required to perform an illegal act. The agent is not liable
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Issue: Whether directors of ABC Bhd had breach their duty as directors. Whether ABC Bhd can persue their claim against any other party related to ABC Bhd. Law: S.4(1) Company Act 1965 (CA1965) states that director includes any person occupying the position of director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors of a corporation are accustomed to act and an alternate of substitute director. For example‚ in the case
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STUDIES DEPARTMENT : FINANCE COURSE : COMPANY LAW 2 CIN 2206 LECTURER : MR MAKUYANA QUESTION “By becoming a shareholder in a company‚ a person undertakes by his contract to be bound by the decisions of the prescribed majority of shareholders‚ if those decisions on the affairs of the company are arrived at in accordance with the law‚ even when they adversely affect his own rights as a shareholder
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On a proper interpretation of the case law of the European Court of Justice‚ there can be no doubt that the real seat theory is dead throughout the EU Discuss. Since the Treaty of Rome entered in force in 1958‚ companies were allowed to be formed across the EU benefit from the basic right of the freedom of establishment. The principle of freedom of establishment set out in Article 49 (ex Article 43 TEC) enables an economic company to operate an activity in one or more Member States. At present
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Table of Contents List of Figures 3 List of Tables 4 Abstract 5 Declaration 6 Acknowledgement 7 1.0 Introduction 8 1.1 Executive Summary 8 1.2 Organization Overview 9 1.3 Problem Definition 10 1.4 Research Topic 11 1.5 Research Question 11 1.6 Objectives 12 2.0 Literature Review 13 2.1 Academic Literature Review 13 2.2 Literature Review Summary 19 3.0 Research Methodology 21 3.1 Methodology 21 3.2 Data Collection Methods 22 3.2.1 Primary Sources 22 3.2.2 Secondary
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1. Describe each law in your own words. Illustrate with a practical example. Glass’ law Requirement deficiencies are the prime source of project failures. (Endre & Rombach‚ 2003) Requirements are the basic Phase which lead to the development of a project. In fact‚ it is the first step for any project The main problem in a project failure is the lack of requirements. The common requirement error is due to human (i.e lack of Communication between customer and the analyst)‚ software‚ etc
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Question 1. [Section 126] stated that a company is allow to contract through an agent and a company will be bound by the acts of its agents in the same way as any other principal. An agent’s acts bind the company into a contract with an outsider when rules of agency law applied. In this case an agent’s apparent or ostensible authority arise. This authority arise because when the receptionist represents Harry out to Micky and Harry did not specify that he wasn’t the factory manager‚ given Micky
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Recap of what we covered last class Nine Step Model of Design Process 1. Recognizing the need 2. Defining the problem 3. Planning the project 4. Gathering information 5. Conceptualizing alternative approaches 6. Evaluating the alternatives 7. Selecting the preferred alternative 8. Communicating the design 9. Implementing the preferred design 1 Hyman/Chapter 1-Introduction to Engineering Design/Rev. 6/24/02 Lecture 3 Problem Formulation Chapter 2 1. Recognizing the need
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