negligence claim with this case failed on the reason that the Touche(defendant) owed no duty of care to Ultramares (plaintiff) because Ultramares was not a primary beneficiary of Touche’s professional audit. The court found that Touche was guilty of ordinary negligence but not fraud. Over the years the rule of Ultramares has been expanded in some cases to the point that the gross negligence noted in Ultramares case has been eliminated. Ultramares Corp. v Touche is the leading case regarding the application
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I want to serve as a Peace Corps Volunteer for the service and the adventure. I’ve held an interest in service from an early age‚ from volunteering what free time I had to accepting the responsibilities of several leadership positions. I believe it all stems from two places‚ being raised on a farm and of the Christian faith. Our family farm in south central Oklahoma is where I was taught hard work‚ compassion‚ management‚ responsibility and hope. My father has stated how it is morally wrong for
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Marine Corps Leadership NonCommissioned Officers are the backbone of the Marine Corps. Each leader is very different from the other. Some Marines enjoy being a corporal only because of the increase in rank and pay. A few become the tactless leaders junior Marines try to avoid. Fortunately‚ many others strive to become the leader that other Marines wish to emulate. They know what it means to be a good leader. Those Marines have the traits of a leader and they get to know their Marines
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Young Marines is drug demand reduction program that teaches kids‚ from ages eight to eighteen‚ the importance of living a healthy lifestyle‚ while also teaching them some of the basics of Marine Corps knowledge and life skills. They also teach about physical fitness‚ self discipline‚ leadership‚ and teamwork skills. I was in this program for six years and retired last year at the rank of Young Marine Staff Sergeant. Macie has been in for almost
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3. Shareholders: Issued Share Capital : No of shares & par value -Rs10. 2009: 88‚81‚26‚020 2010: 96‚01‚26‚020 2011: 97‚21‚26‚020 2012: 97‚21‚26‚020 2013: 97‚21‚26‚020 Has the company issued any shares during the year? Yes in 2009‚ 2010 and 2011 How & to whom were they issued? 2009: CCPS were compulsorily converted into 91‚211‚001 Ordinary Shares of Rs. 10 each at a premium of Rs. 590 per share on 1st September‚ 2009. 2010: 1‚50‚00‚000 Ordinary Shares of ` 10/- each at a premium of ` 584/-
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Business Ethics & Corporate Social Responsibility of “SONY Corp.” Index SR NO. CONTENT 1. INTRODUCTION 2. BUSINESS ETHICS 3. CSR ACTIVITIES 4. CONCLUSION Business Ethics Business ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire
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Analyzing Managerial Decisions: Interwest Healthcare Corp. 1.) What are the potential sources of the problem? It is my belief that the retreat was not successful because there was ineffective communication to the hospital administrators. The retreat should have been an opportunity to motivate the individuals that attended to make choices to increase the organizations value by impressing on everyone that the organization can become more competitive by aligning the plans‚ processes‚ decisions
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Group Case 3: MCI Communications Corp.‚ 1983 Executive Summary Assumptions The following are the assumptions we made through the whole analysis. The predicted revenues from 1983 to 1990 were assumed to follow the pattern in Exhibit 9A‚ despite the uncertainty of the higher access charge and competition increase. The marginal tax rate is 30% during that period. The firm must keep minimal cash balance of $100 million to support its operating activities. However
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industry in 2009 as total numbers of golfers decreased. Along with a number of other factors caused a decline in top line revenue for the golf equipment industry (Gamble‚ 2010). Complication: Due to the recession starting in 2007‚ Americans started to shift all disposable income from spending to savings‚ thus decreasing the sales of golf equipment by 5.7%. From the recession‚ the unemployment rate rose quickly as many Americans were laid off. In fact‚ between December 2007 and June 2009‚ more that
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“”HERO MOTO CORP”” Group “S3R” Shresth Kashyap Sushobhan Das Rajesh Verma Saikat Das ANNUAL Report (hero Moto Corp) Director Report Mar 2012 The‚ the Directors of Hero Moto Corp Ltd.‚ are delighted to present the 29th Annual Report for the financial year 2011-12. The Report is being presented along with the Audited Statement of Accounts of the Company for the financial year ended March 31‚ 2012‚ of its first complete financial year since embarking its solo journey.
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