5. Director’s Duties Director’s Duties are part of the idea of risk management; because they take risks all the time‚ they require a certain element of regulation. The law must provide a way of mitigating against the risk‚ so creditors and shareholders can have potential recourse. This is all done indirectly; the company will recover in the event of a breach of duty arising. If the company recovers and suffers no harm‚ then that protects shareholders and makes sure their investments are secure.
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officers and directors duty of care under the corporations act and what consequences will be made if such breaches occur. Another issue is whether there have been any breaches of directors duties in relation to insolvent trading and what defences are available for directors who have breached their duties. And also what consequences are in order if such breaches occur. Issue 1: Breaches of a Director’s and Officer’s Duties under the Corporations Act. Director’s duties are supported by the
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List of Prime Ministers of India From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search The complete list of Prime Ministers of India includes the persons sworn into the office as Prime Minister of India following the proclamation of the independence of India in 1947. Key: No.: Incumbent No. CM: Council of Ministers Congress: Indian National Congress‚ Indian National Congress (Indira)‚ United Progressive Alliance Bharatiya Janata Party: Bharatiya Janata Party‚ National
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The article Server or Fail‚ by Dave Eggers of The New York Times presents a very interesting take on college students and their free time. Eggers believes that colleges should institute a service requirement for students to graduate. Due to his college experience he considers college students to have too much spare time‚ which is wasted on silly electives or just wasted. With this surplus of time students should contribute to the community around themselves to develop intellectual tools that will
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Directors’ duties in Australia are designed to promote good governance and ensure that directors act in the interests of the company – including putting the company’s interests ahead of their own (A Guide to Directors’ Duties and Responsibilities‚ 2008). In the case of OHS Solutions Pty. Ltd. in order to give advice it must first be known what are the duties and responsibilities of a director and officer. There are three sources of law in which directors’ duties are enforced: the common-law (judge
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First of all‚ according to Vinod (2008 -2013) books of prime entry are books where transactions are first recorded. These may or may not be part of the double system. These are not accounts; they are simply books that record details of transactions. Books of prime entry are also known as books of original entry / subsidiary book/ daybooks among others. In any organization where company’s buy and sell goods‚ will need to divide the journal into subsidiary books. And they are as follows: Sales
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Mr. Romulo Bernas‚ a staff assistant in Prime Shipping Inc.‚ who earns a salary enough to support his family. He is directly reporting to the manager but his position in the company and its description is yet to be determined. He works with Mr. Jose Narciso who was a former member of the NPA and now works as a bodyguard for a politician who is connected to the Bureau of Customs (BOC). Mr. Bernas has been given several credits for his work. As such‚ he was assigned to provide some order and
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Good morning Miss and my fellow classmates. Today‚ I would like to talk to you about topic on “save the earth and save mankind”. My dearest audience‚ imagine it’s after class now and you’re heading back to your car under the bright hot sun. After you get in the car‚ you grab some tissue and wipe all your sweat. What would you do after using the tissue? Well‚ let’s be frank. We wind down the window and just throw them outside. It is fun doing it when you see no cars behind or beside you. Let’s pollute
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What does it mean to be part of a group? This question is answered in the novel‚ “The Outsiders”‚ by S. E. Hinton. The novel also answers the question‚ What is your duty to others? In the novel‚ Ponyboy‚ Sodapop‚ Darry‚ Johnny‚ Two-Bit‚ Dally‚ and Steve are all part of one group of “Greasers”. First of all‚ what does it mean to be part of a group? It means to have very close friends that rely on you and you can rely on them. You trust them and stick together. In the novel‚ “The Outsiders” there
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Duties and Responsibilities of; * Waiter * Serves patrons at banquets‚ special functions‚ or during normal daily dining room operations. * Takes food and beverage orders from patrons‚ answers questions regarding prices‚ substitutions‚ quality or quantity of menu items‚ and availability of menu items. * Delivers food and beverages to tables; waits on tables to insure that patrons are supplied with beverage refills or clean utensils when desired. * Removes dishes and utensils;
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