reserves to cover the inadequate current period earnings. These manipulations and misrepresentations do not allow fair comparisons of the results of operations between years. In this case the misrepresentation gave a totally false picture of the success of its subscription television systems and interfered with the ability of users to correctly analyze the financial information of the firm. These misrepresentations impaired the decision-making ability of the financial statement users and defeated
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A. Introduction Joe (“J”) is attempting to sue Dazzle Dry Cleaners (“D”) for compensation for the loss occurred due carelessness of D. D will defend itself likely by proving exclusion clause as a part of the terms of its contract with J. In order to advice J it necessary to determine whether the clause has a contractual effect. Secondly it is necessary to determine the terms of the contract and analyse if creation of such clause protects the party relying on it from the consequence of breach
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The collapse of Baring’s Bank in 1995 occurred principally as a result of huge losses that resulted from unauthorized derivatives trading activity by the head of the Singapore office‚ Nick Leeson.[1] The chain of events that led to the collapse of the bank could have been mitigated‚ if not entirely avoided‚ had management and/or the board of directors followed recommendations contained in internal reports that drew attention to the risks present in the highly leveraged trading program constructed
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University Press‚ 1997. Print. In this article‚ Rosemarie Thomson criticizes on the way physically disabled people are treated in the context of culture. Her main claim is that the socially contextualized view of disability has attributed misrepresentations to people with extraordinary bodies. The first sub-claim is that the identification of “disability” is based on cultural rules instead of corporeal properties. She provides the evidence that in social relationships‚ people tend to maintain their
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case study on the challenges Athens faced in managing this war. Athens might not have viably handled the Peloponnesian War. Whereas it is genuine that Athens confronted noteworthy challenges in overseeing the Peloponnesian War‚ it would be a misrepresentation to say that the city-state might not successfully handle the strife. There were a few factors that contributed to Athens’ troubles‚ but the city-state also illustrated versatility and flexibility amid the war. One of the key components that
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attendant – negligent trespass for battery A negligent battery is committed when there is a negligent‚ direct‚ and unlawful contact or without consent to another’s person. Prima facie‚ the injury suffered by Ivan was a direct injury negligently conflicted through the carelessness and negligence of the parking attendant. It would be reasonably foreseeable that someone might be standing under the shutter door. However‚ there has not been any precedent to support the view of negligent battery‚ or the
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A contract is a legally enforceable agreement between two or more parties with mutual obligations. The remedy at law for breach of contract is "damages" or monetary compensation. In equity‚ the remedy can be specific performance of the contract or an injunction. Both remedies award the damaged party the "benefit of the bargain" or expectation damages‚ which are greater than mere reliance damages‚ as in promissory estoppel. Origin and scope Contract law is based on the principle expressed in the
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Miss Representation film indicate that the negative representation of women continue because the media deploys hyper-sensitized concepts to provide services‚ products‚ and ideas. In my opinion‚ this media misrepresentation works to benefit the manufacturing Firms to advertise their products. They also use female celebrities to market these products by endorsing these services and products. In essence‚ TV commercials have always indicated the reference point for women in respect to their physical
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distracted‚ or negligent driving involves failing to exercise normal care‚ or endangering people or property‚ while driving a vehicle. Many states are adding to their statutes specific language prohibiting use of certain technologies while driving. Some states include negligent driving under reckless or impaired driving statutes so that defendants plead to the lesser negligent-driving charge to avoid the more serious charge. Reckless driving is a more serious form of careless or negligent driving. It
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damages she or he might cause as well (Kubasek‚ pg. 115). Since Steel and the other members used the properties book case and used it to break down Chandler’s door all of them are liable for the damages caused to both the door and the bookcase. Negligent torts involve failure to exercise reasonable care to protect another’s person or property (Kubasek‚ pg. 117). When comparing that definition to this case it is clear that negligence does not correspond with the elements of this case. In conclusion
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