Week 1 - Nature & Regulation of Companies & Company Operations Legal nature of company Separate legal identity‚ distinct from owners Companies act through ‘agents’. eg. shareholders elect board of directors to act on their behalf Public Company (Ltd.) Limited liability of owners • Raises funds from public Types of companies Private Company (Pty. Ltd.) • • • • • • • • • Regulation of companies Corporations Law: Companies must keep proper accounting records; prepare yearly & half-yearly FS;
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and other federal agencies to create and enforce regulations on implementing laws. According to the EPA on creating a regulation; the steps in implementing a regulation in the EPA starts off from an issue; which then the EPA considers comments upon the issue from consumers to determine a final ruling. The consumers of the EPA are interest groups that help shape and comment on laws that can be configured into an appropriate policy. Once a regulation is completed‚ it is written in the Federal Register
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Internet Paper #2 Human Resources Laws & Regulations HR590 – July 2007 INTRODUCTION There are many different functions and roles of law in the business society. When describing employment law‚ there is a broad area that governs how employers interact with their employees‚ former employees and applicants for employment. These laws and regulations are not meant to be described in a short paper. They are detailed laws that require application to an employee’s specific situation and should
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Government‚ Regulation & Business Ethics The issue of business relations with government has increasingly become a key issue of business ethics. Some of the many questions raised are * Is it acceptable for corporations to use their considerable power tp shape government policy? * Is the government jeopardizing its role in protecting the public interest when politicians sit on the board of corporations? The government has a crucial role to play in establishing the ‘rules of the game’
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In the environmental sphere‚ the government could focus on stronger regulations that would decrease reliance on oil‚ and instead increase the use of clean energy resources. One such successful example has been Corporate Average Fuel Economy (CAFE) standards‚ which encourage higher fuel efficiency for all vehicles. By creating higher standards for cars‚ the government forced carmakers to innovate and create cleaner cars. At a federal level‚ the EPA could do more to encourage safer extraction of unconventional
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speeding at 90mph‚ cuts you off‚ and in the process of cutting you off‚ he hits your car‚ and yet you manage not to slap him for being such a reckless driver. For that moment‚ you demonstrated self-regulation; you wanted to slap him‚ but you chose and managed to restrain yourself from doing so. Self-regulation is a complex process that involves initiating‚ inhibiting‚ or modulating the following aspects of function: (1) internal feeling states (the subjective experience of emotion); (2) emotion-related
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QUESTION ONE What are the main regulations covering the establishment of a day care centre? Every childcare facility should be registered by their local authority as well as OFSTED. The main purpose of the register is to provide information about the day care services in the area to parents and employers. The way in which the register is kept should be decided by each local authority and in doing so the following points should be taken into account. The register should be compiled so that child-minders
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A. State Regulations and Nursing Standards Nurses who are currently licensed to practice in the State of California are required to adhere to title 16‚ California Code of Regulations. Under the section of Standards of Competent Performance‚ part 6‚ a registered nurse “Acts as the client’s advocate‚ as circumstances require‚ by initiating action to improve health care or to change decisions or activities which are against the interests or wishes of the client‚ and by giving the client the opportunity
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HIPAA provides patients with access to their medical records and gives patients more control over the handling and distribution of their personal health information (PHI). HIPAA regulations are extremely important in ensuring the privacy of PHI and helps reduce any fraudulent activity. By fully following HIPAA regulations‚ healthcare compliant facilities are more likely to save money by avoiding lawsuits and fines. Facilities covered by HIPAA are required to implement safeguards (both physical and
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infringed” (Murphy‚ p. 1656). Although we have a split opinion on whether or not guns should be regulated we can argue that gun regulation hasn’t had a steady increase or decline. Factors such as violence‚ lobbyist‚ and Constitutional rights have had both positive and negative impacts on gun regulation. While mass shootings continue to increase‚ the fight for gun regulation has seen an increase as well. Definitions for mass shootings have changed within the past 10 years; according
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