The requirements of section 135 of the Companies Act 1993 that a company should not be carried in such a way as to create substantial risks of serious loss to a company’s creditors has been criticized as virtually imposing a warranty of solvency. Additionally‚ the taking of substantial business risks is a necessary part of business and there will be many circumstances in which directors who take such risks are not fairly open to criticism if the risks later crystallise1. A literal approach on the
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Student Name: Professor: Class Name: Date of Submission: Fabiani Case Introduction The Antoine Fabiani case is an international case which involved the Government of Venezuela and the government of France where the two governments agreed to get an arbitrator to put to rest on the case of M. Antonio Fabiani in the most just manner and without bias. This shows that law has no barriers and no matter how powerful in terms of government or inferior‚ in this case Fabiani‚ the law will always be just provided
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Q. The example of creative compliance given by Shah (1996) shows the accounting regulation does not work. Discuss. “Regulations‚ or rules‚ are the primary vehicles by which agencies implement laws and general agency objectives. They are specific standards or instructions concerning what can or cannot be done by individuals‚ businesses‚ and other organisations” (Dudley‚ 2005). In the context of accounting domain‚ ‘accounting standards’ provide the regulatory framework that define a set of rules
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Introduction In a business environment‚ ethics codes are applied with the goal to organize‚ balance and guarantee the same values and culture framework between all the employees in a workplace‚ trying to reduce the impacts of the different combinations of individuals’ background inside a company. This essay aims to demonstrate theory behind business ethics‚ corporate culture‚ and value codes. Also to introduce how this topic becomes more important as an executive become more senior inside the company’s
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ABSTRACT Resource management in Kenya is a key aspect that is observed by various state organs to ensure they are well managed. These resources range from the available land for settlement to the recently discovered minerals such as the oil in Turkana region. The status of these resources is usually assessed by means of aerial photographs and intensive ground trothing. Maps are produced on GIS environment making it possible to store‚ retrieve and analyse various types of information very quickly
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Rachel Doyle PHI 3013-02 February 28th‚ 2013 Bougainville v Rio Tinto The Bougainville Copper Ltd was the lifeblood of Bougainville ’s economy. Providing the island with numerous jobs‚ as well as 20% of its profits to the government of Papua New Guinea‚ it seemed to be a benefit to the overall economy. But to the citizens of Bougainville‚ the BCL was a poison‚ slowly killing off the environment of Bougainville‚ and the human dignity of the island ’s natives. Due to the BCL ’s strip-mining
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In 1946‚ in his famous “Long Telegram‚” George Keenan (diplomat) explained the policy: “The Soviet Union‚ he wrote was a “political force committed fanatically to the belief that with the U.S. there can be not permanent modus vivendi.” As a result‚ America’s only choice was the long-term‚ patient but firm and vigilant containment of Russian expansive tendencies.” President Harry Truman was the first American president to fight the Cold War. He used several policies‚ however
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Across time and varying ethnic groups‚ the same basic tenants have justified socioeconomic stratification‚ white fear-mongering and supremacy‚ and violence against bodies of color‚ reified every few generations to continually conceal and perpetuate the capital interests of the state: adherence to traditional‚ cisheteropatriarchal family values; personal responsibility as performed through economic self-sufficiency; the subtle positioning of one disenfranchised group against another‚ to the end of
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School ties * The opening mise –en-scene of working class‚ teenage 1950s America includes cars‚ a diner and David Green‚ a young man about to leave. The cut between the biker gang and David and friends establishes the tribal boundaries and the sense of communal belonging. Disrespecting David’s Jewish identity creates a crisis in loyalty and the cultural necessity to fight to defend one’s manhood. What is more important than the racism for the group is the necessity of communal identity in this
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3.1 Introduction – Getting your Stuff Together Composers require a certain degree of research going into any film-scoring project. Once you have convinced the producers that you are the right composer for their project the quest for answers begins. Finding the most suitable way of scoring the film requires input from many layers of the projects creative team. (Wright & Karlin‚ 2004). Knowing the genre‚ the film‚ the artistic and practical possibilities for the film‚ who is involved and to what
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