and suffers no harm‚ then that protects shareholders and makes sure their investments are secure. It also protects the creditors‚ who are more likely to get paid. The Directors owe their duties to the legal entity- the company. This is intended as a protective requirement for both shareholders and creditors. When the director pays back or compensates the company‚ the creditors have a pool for recovery and the shareholders do not count the loss directly. The person who takes the case for a
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Fiduciary Duties of Directors 1) Duty to act in good faith in the interests of the company In Re W & M Roith Ltd [1967] 1 All ER 427‚ the controlling director of a company had given many years services without having a service contract. He was then given a service agreement providing for payment of a pension to his widow if he died while still a director. He was already in poor health at this time and he died two months later. The pension was paid for several years and then the company went into
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MODULE 1 ASSIGNMENT Note: Before you begin the assignment for Module 1‚ please click the Module 1 assignment link in the online course navigation pane for instructions on how to complete and submit your responses for marking. Part A: Multiple-choice questions Note: For multiple-choice questions‚ select the best answer. Answer each item by giving the number of your choice. Incorrect answers will be marked as zero. Please include your answers to the Part A multiple-choice questions with your answer
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The thing I want to persuade you of me and liking movies. Well I start when I was small or smaller. Since I can remember I was going to the movie theater always watching the newest movies that would come out. I don’t know when it was that I started to go to the movies but ever since then I haven’t missed a weekend where a new movie would come out. My dad the one who would take me to the movies every weekend this was because my mom and dad were in a middle of a divorce so I would spend most of my
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1412-42 11-01-10 Stereotypes ‘Stereotypes Of Mechanics’ There are many different stereotypes when it comes to taking your vehicle to a mechanic‚ whether it is one in your town our out. The stereotypes of mechanics will always be there. There are a lot of things that people label mechanics unjustly for such as‚ they tend to believe that we as mechanics’ are all stupid and un-educated‚ that we all are grease monkeys and we want nothing more than
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Maximal Velocity Sprint Mechanics Michael Young United States Military Academy & Human Performance Consulting Sprinting is a complex task that places a high neuromuscular demand on the performer and requires high levels of coordinated movement and appropriate sequencing of muscle activations to perform at peak levels. This paper will examine maximal velocity sprint mechanics with particular focus on the primary factors affecting performance‚ the mechanics associated with those factors‚ and the
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POWERS AND DUTIES OF DIRECTORS POWER OF BOARD OF DIRECTORS - SOURCES • The Companies Act 1956 • Section 179 - General Powers enjoyed by board of directors • Board of directors and Company are co-extensive: directors are entitled to exercise all powers as the a company is authorized to exercise and do • Articles of Association • Board Resolutions • Resolutions in General Meetings • Agreements/Contracts with Company SECTION 179 AND 180 – POWERS IN DETAIL • General Powers Include
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is measured‚ and diffusional water permeability is measured (Benga and Borza 1995). Diffusion is the movement of high concentration to low concentration. The diffusion of water across a permeable membrane is called osmosis. Water concentration in red blood cells can cause three different situations: hypertonic solution‚ isotonic solution‚ and a hypotonic solution. A hypertonic solution is when there is a higher concentration of salts dissolved outside the cell and pure water inside the cell‚ the water
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Drive Clean Drive electric Your grandchildren will likely find it incredible - or even sinful - that you burned up a gallon of gasoline to fetch a pack of cigarettes! Dr. Paul Mac Cready ‚ Jr. The future of transportation is here‚ and it’s knocking at your door! Our day-to-day means of transportation is changing and the more municipalities‚ business leaders‚ utilities and end-users know about Plug-in Electric Vehicles (PEVs)‚ the more prepared they will be to embrace the “vehicles of tomorrow”
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1. Using diagrams and/or graphs‚ explain the following terms: a. Pressure Head pressure head [′presh·ər ‚hed] (fluid mechanics) Also known as head. The height of a column of fluid necessary to develop a specific pressure. The pressure of water at a given point in a pipe arising from the pressure in it. b. Total Discharge Head Total discharge head refers to the actual physical difference in height between the liquid level in the pit and the highest point of the discharge pipe or water level in
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