Assignment 2 Question 1 1. The maintenance of capital doctrine is developed to prohibit a company from reducing its share capital because a reduction in capital would reduce the pool of funds available to the company to pay its creditors. Section 254T provides that dividends are only payable out of profits. This provision ensures that capital is not return to shareholders in the form of dividend. The term “profit” is not defined in the Corporation Act. In Re Spanish Prospecting Co Ltd (1911)‚ it
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Standardizing the Procurement Process The ACME Development Corporation has charged me with the task of standardizing their procurement processes and practices. In order for me to accomplish this‚ it is imperative that all project managers understand why a standardize procurement process is an important part of the project management lifecycle and what negative impact would occur if we continue to do ‘business as usual’. Let’s start by taking a look at how procurement fits into the
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and misstatements arising from misappropriation of assets.” There are additional types of fraud that should also be considered when designing and implementing antifraud programs and controls. These include improper or unauthorized expenditures‚ such as bribery‚ self-dealing and other improper payment schemes. Examples of this are kickbacks and violations of laws and regulations‚ such as those that expose the company or its agents to regulatory or criminal actions‚ e.g.‚ violations of the Foreign
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Strategic Alliances 2 Strategic alliance is defined as an agreement in which managers pool or share their organizations resources and know how with a foreign company‚ and the two organizations share the rewards and risk of starting a new venture. There’re many advantages of strategic alliances and network structures as recent innovations in organizational architecture. They can gain better access to attractive country market from host country’s government to import and market products
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Illegal immigration is an effect of increasing economic difference between populations in developing nations brought on by extensive free activity and the result for improper distribution of wealth. One reason I’m against illegal immigration is too many immigrants are crossing without proper documents. My second reason that I’m against illegal immigration is illegal immigrants take away jobs from US citizens. Too many illegal immigrants are crossing without proper documents are there solutions
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Mrs. Flowers when they had conversation. To me‚ Marguerite felt that Mrs. Flowers looked down upon Marguerites grandmother because of her improper English and broken sentences. The way that her grandmother spoke‚ she often left out words‚ or verbs as Marguerite mentioned‚ which often times did not make sense when speaking. Marguerite also thought it was improper to call Mrs. Flowers‚ Sister Flowers‚ because she was not a member of their family or a member of the church. Toward the end of the short
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happen to anybody and in this case a personal injury lawyer will help you to recoup your financial losses. If you are not sure‚ whether an attorney can help you or not‚ here are three reasons to know. Serious Injuries People who got injured due to improper or negligent driving or negligence in any form may face a permanent disability. Due to this problem‚ they will not be able to work and earn bread and butter for their family. A few examples of permanent injuries are loss of a limb‚ paralysis‚ loss
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care to all patients‚ there are times when things can go wrong. When this happens‚ it may be due to medical negligence. What is Medical Negligence? Medical negligence occurs when a doctor or other medical professional harms a patient. Misdiagnoses‚ improper treatment‚ or recklessness may all be considered medical negligence. Mistakes and other issues may also fall under medical negligence‚ depending on the circumstances involved. Common Types of Medical Negligence Many situations can lead to medical
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References: Boehlke‚ J. (2010). The Effects of Improper Garbage Disposal. http://www.livestrong.com/article/124375-effects-improper-garbage-disposal.htm Mensah‚ A.‚ & Larbi‚ E. (2005). Solid Waste Disposal in Ghana. http://www.lboro.ac.uk/well/resources/fact- sheetss/fact-sheets-htm/RSA Solid waste.htm Narayana‚ T. (2008). Municipal
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appear before them and the wider public can have confidence that their cases will be decided fairly and in accordance with the law. When carrying out their judicial function they must be free of any improper influence. Such influence could come from any number of sources. It could arise from improper pressure by the executive or the legislature‚ by individual litigants‚ particular pressure groups‚ the media‚ self-interest or other judges‚ in particular more senior judges. Why is independence important
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