Business Entities‚ Laws‚ and Regulations Paper Dorian Rowe BUS/415 Shaun Koenig November 14‚ 2011 Businesses in every industry have to deal with entities‚ laws‚ and regulations. Management teams have to take into account items such as consideration of control‚ taxation‚ and liability issues among others. The purpose of this paper is to discuss the restaurant/bar‚ professional practice‚ and construction scenarios. For each scenario the business entity that represents the best choice for each
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! ! ! Liability for Negligence! 1. The Duty! PURE ECONOMIC LOSS ! Neighbour Test (Donoghue v Stevenson): Care must be taken to avoid acts Salient Features Test (Perre v Apand): Neighbour test is not enough in cases of which you can reasonably foresee would be likely to injure your neighbour. Who are pure economic loss to establish a duty of care‚ which caused a need for further persons I ought to reasonably have in contemplation as I take an action/omission. tests to identify
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integrity of the securities markets" (The Treasury‚ 2006). As a consequence a number of countries have reviewed their arrangements for independent oversight of the auditing profession. The United States‚ for example‚ has introduced tough external audit regulation under the Sarbanes-Oxley Act of 2002. Canada has also introduced a regulator with extensive powers‚ including a national inspections unit as independent monitor of major audits‚ while the British and Australian solutions are based mainly on oversight
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ARTICLE #19 Vicarious Liability: What Is It and How Does It Apply? From Coverys Risk Management (Tracy L. Melina‚ BS‚ MBA‚ CPHRM) In healthcare‚ there are two main categories of liability: primary and secondary. And while most physicians and other clinicians are constantly aware of how their own actions and decisions affect risk and safety‚ it’s easy to forget about the type of secondary liability known as “vicarious liability” because this type of liability applies when adverse outcomes result
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Subject: Negligence Liability of Accountants ______________________________________________________________________ Facts By law‚ accountants may be responsible for customers that hire them in various legal theories‚ including contract‚ fraud and negligence. Accountant malpractice happened when he or she violates the duty of reasonable care‚ knowledge‚ skills and judgment that he or she is due to a client or to the laws to provide auditing and other services. South Asset Management Co hired
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|PAGE NO. | |1 |Introduction |2-4 | |2 |Overview of Limited Liability Partnership|4-10 | | |Act‚ 2008 | | |3 |Tax implication
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Army Regulation 735–5 Property Accountability Policies and Procedures for Property Accountability Headquarters Department of the Army Washington‚ DC 10 June 2002 UNCLASSIFIED SUMMARY of CHANGE AR 735–5 Policies and Procedures for Property Accountability This revision-o Changes the term "sensitive items" to "controlled inventory item" (paras 1429a(2) and 14-29a(4)(a)). Changes the dollar value of discrepancies that are not reported on inventory adjustment reports (IARs) from $50.00
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Lecture 11: Handout The Regulation of Banks Date: 28 April 2004 Module: International Banking Why Regulate Banks? Banks are intermediaries between money suppliers and those who need money. Commercial banks are most heavily regulated financial institutions. Five main reasons for regulation: I. The first is to ensure the safety and soundness of banks. The purpose is to maintain I) domestic and II) international confidence‚ III) protect depositors and ultimately taxpayers
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Laws and Regulations Team A Linda Lee-Tucker‚ Natalia Alexander‚ Misty Pearson‚ Tiffany Miller HRM/554 February 21‚ 2011 Professor Stephanie Romagnoli Introduction British Petroleum is the US’s largest corporation. One of the largest oil producers‚ BP services globally for billions of dollars each year. BP distributes oil and natural gas all over the world. British Petroleum has run into several problems with federal regulations over many years. Because of safety issues
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Police Liability and High Speed Pursuits Rodgers There is a line in the Bible that states “sometimes the wicked flee‚ when no man pursueth‚" (Proverbs 28:1‚ King James Version)‚ law enforcement officers know only too well that there are numerous instances in which motorists flee‚ despite the fact that they are being pursued‚ and are lawfully being commanded to pull over and stop‚ for purposes of investigation‚ citation for traffic offenses‚ or for arrest of a more serious crime. Police pursuits
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