reviewed are the business judgment rule and the duty of care. The directors are entitled to making
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Constitution and replaceable rules A company’s internal management may be governed by: provisions of the Corporations Act 2001 (the Corporations Act) that apply to the company - known as replaceable rules; a Constitution; or a combination of both (s135 and 136). (Replaceable rules outlined contains a detailed listing of the text of the rules). Replaceable rules do not apply to proprietary companies where the one person is the sole director and sole member‚ although a constitution may be
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RULE AGAINST PERPETUITY INTRODUCTION The rules of law affecting perpetuities are based upon considerations of public policy. Although the principle of private ownership requires that an owner of property is to have power to dispose as he thinks fit‚ either during life or on death‚ of his whole interest in the property he owns‚ public policy requires that the power should not be abused. Accordingly from early times‚ the law has discouraged dispositions of property‚ which either impose
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Rules of Business Communication: Delivering Messages Appropriately Vincent McCaffrey vincent@thevilla.cz MBA 505 Business Communications Dave Griffin Research Paper Dec 14‚ 2009 Rules provide a guide for individuals’ behavior and a means by which to predict the behavior of others‚ and they are a vital part of the social contracts that exist among individuals and between the individual and the group. According to Geertz (1973‚ cited in Schall 1983)‚ culture
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#06 Vague Traffic Rules in California? “There were no cars or people in the area and what I did was perfectly safe. What was the point of giving the ticket? It’s time to hire educated police officers who can exercise judgment.1"‚ cried Bob Miller to one of the columns of Gary Richards on July 17‚ 2016. Bob apparently received a ticket on a red light while he was turning right in Campbell‚ complaining that he should have received a warning ticket instead. This post of Bob set the readers in a firestorm
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Ambition and His Conscience Throughout the story of Macbeth‚ there are many battles full of blood‚ violence‚ and of course‚ death. But‚ the book’s most important battle does not include any of those things. The real battle is fought in Macbeth’s mind. From the beginning of the book‚ Macbeth struggles between listening to his conscience and his desire for ambition‚ or strong desire to achieve fame or power. But‚ is the character of Macbeth pure evil? Or does he actually have a conscience? Many may be
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Business Ethics and Values Loo Jey Quang 1001G77022 Dr. Nga Kow Hwee Individual Assignment : Ethical Leader The ethical leader that I have chosen to elaborate on ethical judgements that has influences their organizations is Tan Sri Dato Seri Vincent Tan Chee Yioun. He was born in 1952 and is a successful Malaysian businessman and entrepreneur. He was born a humble boy in Batu Pahat‚ Johor and not always having things the way he wanted he went through a fair amount of struggle
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2011 ISSN 1009-5039 zwwx@overseaen.com Overseas English http://www.overseaen.com Overseas English 8 Tel:+86-551-5690811 5690812 Viewing American Heroism from Superman Movies WU Qiong (China International Intellectech Corp.‚ Beijing‚ 100022 China) Abstract: Viewing the American heroism as an essential part for social development‚ this paper reveals how Superman movies explain the American heroism and how they impact the audiences. Among five Superman movies‚ Superman: The Movie
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Assignment 1: Managing Individual Differences Organisations are comprised of unique individuals usually working in collaborative arrangements. Think of some of the people that you have worked with on one or more projects in an organisation. Referring to theory‚ in what way did they‚ through their unique characteristics (such as preferred roles‚ personality‚ perception‚ behaviour‚ values and attitudes‚ cultural background‚ abilities or skills) assist or hinder the organisation in achieving one
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Individuals and Groups 8.2 The individual: Factors that contribute to an individual’s development: Self-esteem: How an individual feels about themselves in terms of worth or value. Self-esteem is often referred to as being ‘high’ or ‘low’. Self-confidence: How likely we are to feel ready to take on challenges. Self-actualisation: takes many years for an adult to achieve‚ it is satisfying all need to a certain level. Peers: individuals of similar age. Being accepted by peers satisfies a human
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