below it; this is not a requirement‚ just a suggestion. Otherwise‚ please follow the instructions/format suggestions in parenthesis after each question. This is intended to be an INDIVIDUAL exercise in knowledge and understanding of the law and business ethics‚ please do not discuss the exam with your classmates. You are permitted to use outside material‚ however‚ you can receive full credit by using only the material from the book and class. *If I give you a legal conclusion‚ do not debate it and create
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Legal organization of business A corporation is a business or organization formed by a group of people‚ who are known as shareholders‚ with the sole purpose of making profits. A corporation is its own legal entity‚ meaning that it has its own juridical personality. It has many of the some rights and obligations that and individual would have‚ such as the competency to buy and sell property; enter into leases and contracts; and can sue or be sued‚ essentially‚ it can be prosecuted and punished if
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PUBLIC TRANSPORTATION: LABORAL ETHICAL ISSUES 1. What are the Stake Holders interacting with them? The StakeHolders direct are: Society: Users of the public transportation Employees of bus company Controller Manager City transport authority Renter of bus Operators tour The StakeHolders indirect are: Informal transit associations Drivers (conductors) and other personnel Police Government local and national Radio/ Medias 2. Potential conflicts – examples? Conflict between bus driver and the
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commercial banks are in the business of receiving deposits (liabilities) and to issue debt securities on one hand and create or invest in assets on the other hand during these transactions banks incur costs for their liabilities and earn income from their assets. Asset – liability management is therefore very critical for the sound management of the finances of any organisation that invests to meet its future cash flow needs and capital requirements. An efficient asset-liability management requires maximising
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former to incur the liabilty. The object of this assignment is to explain the principle of vicarious liability and show which instances it applies to. Reference will be made to decided cases and statutes. 2. Employer- Employee Relationship The employer- employee relationship is one of the most common occurrences of cases of vicarious liability. The most accepted reason for conferring liability to the employer is that by assigning a task to the employee‚ the employer creates a risk of harm and
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Principles of Liability – Coursework Assessment Two For a contractual agreement to withstand‚ it is crucial that the contract contains the four main components‚ which are; offer‚ acceptance‚ consideration and the intention to create legal relations. A contract is seen as a legally binding agreement between two parties‚ so It is very important for the court to establish a ‘consensus ad idem’; the meeting of minds in order to judge whether a contract exists. Britney’s first meeting with
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two principles of criminal liability which have to be relied upon in order to determine the guilt or innocence of the accused person. Therefore the aim of this essay is to discuss the two principles of law for criminal liability with reference to the Penal Code Act‚ Chapter Eighty Seven (87) of the Laws of Zambia and Zambian decided cases. In order to effectively do this‚ the essay will begin by generally talking about the two principles of law for criminal liability which are the “Actus reus”
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Knowing what Nursing Liabilities and Negligence’s are And Preventing them from Occurring Sandy E. Preza HSM-320–10364 Dr. Wojtecki 09/29/2012 To be able to understand and know what a words definition is describing we must know in nursing‚ the nursing standard that follows clinical words. In defining Liability one can say it means to be responsible of one’s action when committing to patient care. Nursing Liability standards puts every nurse to be an advocate of each patient they encounter
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will provide its customers the service to sell and purchase pre owned designer handbags‚ wallets‚ belts‚ sunglasses‚ watches and scarves at a lower then retail price. This service enables men and women to fulfill their desires of owning a high end product without paying a fortune. Some of the high end brands that Château de Luxe will carry include Louis Vuitton‚ Chanel‚ Gucci‚ Prada and Fendi‚ Hermes‚ Pucci‚ Alexander McQueen‚ Dior‚ Burberry‚ Versace‚ Dolce and Gabbana‚ Miu Miu‚ Kate Spade‚ Roberto
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Estimated liabilities are a known obligation that is of an uncertain amount but that can be reasonable estimated. Common examples are employee benefits such as pensions‚ heath care and vacation pay‚ and warranties offered by a seller (Fundamental Accounting Principles‚ Chapter 11‚ Pg 437). When a firm sells products or renders services with a warranty‚ the firms has an obligation towards the customer when the warranty is honored. The warranty liability is an estimate of the obligations. Hence‚ a
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