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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Running head: Ethical Dilemma Ethical Dilemma Amber Norris Grand Canyon University February 24th‚ 2013 Ethical Dilemma All healthcare professionals take the Hippocratic Oath‚ in this oath it states that‚ “I will respect the privacy of my patients‚ for their problems are not disclosed to me that the world may know.” (Miles‚ S. H. (2004) There are many different versions of this oath but the concept
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Healthcare is indeed a human right; all people deserve to have it. Yet‚ in the United States it is considered more like a privilege for people who cannot afford to pay a health insurance due to its’ high costs. So‚ should all citizens have the right to health insurance? Or is it best to keep it as it is for the sake of our economy. Either a right or a privilege‚ both options will have consequences that may put the US in a serious situation in the long run. The big picture show that equality for all
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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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groups all around the globe have their own principles or standards of conduct‚ which are followed by their members (Davis‚ Fowler‚ & Aroskar‚ 1997). Ethics is concerned with what is right‚ and what is wrong‚ good or bad‚ fair or unfair‚ responsible or irresponsible‚ it relates to what we ought to do in terms of rights‚ obligations‚ and benefits to society‚ fairness‚ or specific virtues. It is not just about what the case is or what is most acceptable or convenient (Preston‚ 1996). In the case study
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|Assignment 055 Principles for Implementing Duty of Care in Health‚ Social Care or Children’s and Young People’s Settings | | | |Task A | |1 |What does duty of care mean in children and young people settings? | | |Duty of care can be defined as "an obligation‚ recognised by law‚ to avoid conduct fraught with unreasonable
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Throughout the tests of time men and women across the world have shown they really are in times of conflict. In times where the true character of a person is really put to the limit‚ people are able to see who they really are. These conflicts can serve to reveal unexpected qualities in an individual. Times of conflict can suddenly expose a person’s true moral fibre and the courage of their convictions. A number of people may shy away from their personal qualities‚ and do their best not to big note
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❖ S 9: “Officer” includes directors‚ secretaries‚ receivers‚ administrators‚ liquidators‚ administrating trustees. ❖ S 9: “Director” includes shadow & de facto directors. enforcement of directors’ duties enforcement of statutory duties Civil penalties Who may apply for a Declaration or Order? ❖ S 1317J(1): ASIC may apply for a declaration of contravention‚ a pecuniary penalty order or a compensation order. ❖ S 1317J(2): The company may apply for a compensation order. ❖
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Ethics defined is “How people try to live their lives according to a standard of ‘right’ or ‘wrong’ behaviour” (Ghillyer‚ 2010‚ p.6)‚ and Shaw‚ Barry‚ and Sansbury (2009‚ p.6) states the question “How are we to relate to each other in order to ensure that our individual and collective well-being is enhance?”. Ethics is crucial not only in personal and business but within our society and community‚ the business world is competitively brutal and without a set of ethics to follow it could be disastrous
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Ethical Dilemma Essay Dan Brown ETH/316 August 5‚ 2013 Becky Mott Ethical Dilemma Essay In the first ethical dilemma‚ I am presented with an employee who is blogging anonymously about products our company makes. I am also presented with information from another employee who illegally hacks into the anonymous employees home computer to get proof that this individual was the anonymous blogger. In the second ethical dilemma‚ a disgruntled former employee broke into the development labs
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