The explaination of the concepts of seprate legal personality and a disussion on the extent to which courts can peirce the veil of incorpertation. A company that has a perpetual succession is known as a sperate legal personality‚ which means that a corperation can continue to exsist without having to transfer its property over with every change of ownershipso it can manage its affairs easier.Its extisatnce ends whenthe company is liquidated where its assets are sold and depts are settled before
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Legal Profession in Russia Guest lecture at Law Faculty of University of Tartu‚ 5th of November‚ 2012 Dr. Mikhail Antonov Associate Professor of Law Faculty of Higher School of Economics – Saint Petersburg‚ Director of Research Center for Legal Argumentation‚ Executive Director of “Russian Yearbook for Legal Theory”‚ Advocate The author’s position does not necessarily correspond to the official position of National Research University “Higher School of Economics” Legal Education in Russia: Principles
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NewCorp Scenarios Most organizations do not have legal counsel on staff‚ and therefore must rely on business managers who are knowledgeable in employment laws and compliance regulations‚ and have the ability to identify violations of specific laws and regulations‚ as well as make recommendations to mitigate liabilities that may result from the violations. This week’s assignment outlines three different workplace scenarios of NewCorp‚ which require team members to identify the
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What are human rights‚ and why do they have implications for global politics? Human rights are understood as fundamental rights in which a person is inherently entitled to‚ simply because she or he is a human being. These rights are a modern a secular version of ’natural’ rights‚ which are believed under a religious perspective. Human rights are therefore universal‚ fundamental and absolute. The are universal in the sense that they apply to all humans everywhere in the world‚ regardless of nationality
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Legal forms of Business The process of starting a business can be a challenging one. From choosing a business name‚ identifying the product to sell and where all require thoughtful decisions. All these decisions also need legal and practical considerations. To understand more about the different forms of business‚ it is important to consider the right structure for the business (Legal Forms‚ 2006). Sole Proprietorship A sole proprietorship simply means a business with one owner. With many forms
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AMERICAN LEGAL SYSTEM The US legal system has several layers‚ more possibly than in most other countries. The Constitution is the main power of the US legal system. It was adopted in 1787‚ and ratified in 1788. The Constitution sets strict boundaries between federal and state law and also divides legal system into 3 branches of government: legislative‚ executive‚ and judicial branches. It creates a “separation of powers” between each branch and creates system of “checks-and-balances” to prevent
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Ethical and Legal Obligations Ethical and legal obligations apply to all members of society. As one in society‚ the obligation to act in an ethical‚ law abiding manner on a daily basis is vital to the integrity of daily life. Many professions have their own code of ethics. Financial reporting is not exempt from such ethical and legal standards. One’s lively hood depends on decisions made in the business world. Business transactions are done daily and can impact one’s economic stability.
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undeveloped countries in the world. The conflictive contrasts between different social groups have made the Bolivian legal system change throughout time. The most recent and dramatic shift in the Bolivian legal system‚ was the adoption of a completely new constitution in the year 2009‚ during the government of Evo Morales Ayma (Nogales 2009). A clear fact that demonstrates shifts in the legal system is that this newly approved constitution is the seventeenth constitutional document
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“if you had the power to make an act that is now illegal into a legal act what would that act be?” and the versa “what legal act would you make illegal?” All their answers revolved either around drugs or subjects like the death penalty‚ abortion. In this paper I will further discuss my finding on the responses I received from both questions. When I had students first address the question of “which illegal act would they make legal?” Almost all of them wanted to legalize the selling and use of
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feeling. The legal teenage driving age has always been a controversial topic‚ there are several who support raising the legal age‚ but there are also ones that are against raising the age. In order to form an opinion‚ one must carefully consider: the maturity of teens‚ the fact that teens need to gain experience driving‚ the effects of not having a license will have on teens‚ the restrictions placed on new drivers‚
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