International Takeovers by Chinese Companies: The Challeng 31/08/2012 Abstract While a multitude of multinational companies are entering the Chinese market‚ there are very few Chinese companies going multinational. Therefore‚ the Chinese government has formulated the “Go Global” strategy in order to encourage Chinese companies to invest in business abroad. Takeover (Acquisition)‚ which can be defined as one company being purchased by another‚ is generally believed to be a straightforward and
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Company law tutorial question year 3 Semester1. 1."Under the ordinary rules of law‚ a present company and a subsidiary company‚ even a 100 per cent subsidiary company‚ are distinct legal entities and in the absence of an agency contract between the two companies‚ one cannot be said to be the agent of the other. This seems to be clearly established by the rule in Salomon v. A. Salomon &
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When the Swiss franc rose in value against the dollar‚ the importer’s profit margin was cut in a half‚ so the importer imposed a 10% surcharge for distributor. The distributor did not agree with this extra charge. The judgment should go for whom‚ and why? 4. Key issues: a) Were the increased costs due to currency fluctuations covered by the open-price term? b) Had the exchange rate risk had rendered performance under the contract commercially impracticable? 5. Reasons: a) In
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‘exercised due diligence to prevent’ (s12.3(3) CCA) the bribe and thus‚ s12.3(2)(b) CCA will apply. In Lennards3‚ the court ruled that the director’s knowledge attributed to the company. This means that GE will be liable for the bribe. As GE is not a physical being‚ s4B of the Crimes Act4 states that instead of imprisonment‚ the company pays a fine as penalty.
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What is a better approach to resolve the issues surrounding abortion? An absolutist Christian would have the idea that abortion will always be wrong as it is seen as murder and the bible teaches “thou shalt not murder”. Therefore an absolutist Christian would claim that there should be no issue surrounding abortion as with it being a sin people should not do it and will be morally wrong if they do. I do not feel this is a good way to deal with the problems of abortion as it does not allow women
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LAW/421 Version 1 Contemporary Business Law Individual Assignment: Role and Functions of Law Paper Laws are set by government to create a better society and business transactions. Laws are created and do force us to give some our freedom to be able to live in a safe environment and feel comfortable to make transactions. Through Laws it helps adjust social behavior‚ which allows society to work effectively. Laws also are put forth to have ethical standards in society and business‚ so that no one
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markets. However‚ as global markets continue to integrate‚ further compounded by tough economic conditions in an intense and competitive marketplace‚ the need to protect domestic production is deemed to be vital to a country’s economic success. As a result of this self-preservation causes political conflict and strains international relations. To remove the possibility of such discrimination from taking place‚ the GATT and the WTO have been put in place to insure that the 156 members adhere to the
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Feminist Approaches to International Law Feminist approaches to International Law and its underlying issues can be seen as radical‚ liberal‚ and extreme. The male point of view has found a way of forcing itself upon the world‚ apprehending it and dominating it full-fledged. It has grasped hold of the State and law in the same way male dominance has grasped women throughout history. Whether the clasps of violence against women are through rape‚ forced marriage‚ exploitation and forced prostitution
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Company Law Reforms in Tanzania: The Companies Act 2002 Prior to the 1st of March earlier this year‚ the main legislation relating to companies in Tanzania was the Companies Act Cap. 212 which was enacted in 1929. This legislation regulated trading companies and other associations including the imposition tax on nominal capital‚ regulation of dividends and surpluses and related matters. This legislation was in force for over 77 years which period covered not only the tail end of the colonial period
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Supply Chain Management Supply change management (SCM) is active in many organizations today. The purpose of SCM is to maximize the company value in order maintain a competitive advantage in the market place. As an Operational Managers (OM) it is essential to oversee the supply chain within an organization. The OM responsibility is to manage the supply chain flow‚ and to ensure the supply chain has a quality design in order to reduce cost and drive efficiency. (Reid & Sanders‚ 2010) An organization
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