provided the followings: An officer including a director of a corporation shall be duty bound to act with honesty of intentions as well as actions while exercising his powers vested while discharging his duties. This has been well documented in the case of Australian Growth ResourcesCorporation Pty Ltd v. Van Reesma (1988) 13 ACLR 261.Arthur who has already acquired stakes in Weaves Pty Limited should have disclosed his position to the Board of directors of Chance ltd. He was in a position to influence
Premium Corporation Fiduciary Contract
gif%3Bhttp%253A%252F%252Fpourquoipas-trinityprof.blogspot.com%252F2010%252F02%252Fquiz-using-map-of-france.html%3B509%3B477 DATE: 28/10/13 b) France is located in the continent of Europe‚ which is in the Northern hemisphere. The latitude of France is 46° 0’ 0" N and the longitude is 2° 0’ 0" E. URL: http://www.travelmath.com/country/France DATE: 28/10/13 c) France shares a border with 8 different countries. These include (clockwise from North): Belgium‚ Luxembourg‚ Germany‚ Switzerland‚ Italy‚ [then Mediterranean
Premium France
Introduction to Algorithms‚ Second Edition Thomas H. Cormen Charles E. Leiserson Ronald L. Rivest Clifford Stein The MIT Press Cambridge ‚ Massachusetts London‚ England McGraw-Hill Book Company Boston Burr Ridge ‚ IL Dubuque ‚ IA Madison ‚ WI New York San Francisco St. Louis Montréal Toronto This book is one of a series of texts written by faculty of the Electrical Engineering and Computer Science Department at the Massachusetts Institute of Technology. It was edited and produced by The MIT Press
Premium Algorithm Computational complexity theory
Working in IN-N-OUT Burger‚ people were referred to as “associates” rather than employees or workers. As a family-run business‚ treating employees as family members make them feel more connected to the business. Snyder is always held their employees in high esteem‚ paying them higher salary than other fast-food competitors. The company’s benefit packages are also generous‚ which include vision‚ medical‚ and dental benefits for both part-time and full-time associates. Such treatment engenders loyalty
Premium Fast food Fast food restaurant Chain store
Case Study: British Telecom: Searching for a winning strategy Tuomo Summanen Michael Pollitt Judge Institute of Management November 2002 1. Introduction The development of the telecommunications market in the United Kingdom and the corporate strategy and development of the incumbent‚ British Telecom‚ represents an interesting object of analysis for several reasons. First‚ the UK telecommunications market was - along with the U.S. market - among the first telecommunications market that
Premium Telephone company Mobile network operator
ALL ANSWERS ASSUME A TAX RATE OF 35% Even though the tax rate appears to be 1720 / 6725 = 25.57% In answering the following questions‚ please refer to the financial statements of Caterpillar Inc. (CAT) and the relevant Notes to these statements at the end of this write-up. 1. What could be the cause(s) for the shift in LIFO-based inventory from 70% at December 31‚ 2010 to 65% at December 31‚ 2011? A decrease in the replacement cost for Cat’s inventories‚ or an increase
Free FIFO and LIFO accounting Inventory Cost of goods sold
metrics were used to monitor flow of information. Apart from issues such as Training and Workload management it was observed that existing system functionality was not being utilized. There were data integrity issues throughout the process. Business Solution Detailed end-to-end process mapping from origination to loan servicing was done and 150+ process maps developed. A base lining and benchmarking exercise was carried out and 80+ metrics identified. Genpact Six Sigma and Domain experts worked with
Premium Management Strategic management Project management
1. Describe in words how costs are assigned in the Wilkerson’s current costing system. Discuss the pros and cons of this system. Wilkerson uses a simple traditional cost accounting system in which each unit of product is charged for direct material‚ direct labor and overhead costs. Material cost is based on the prices paid for component under annual purchasing agreements. Labor cost is charged to products based on the standard run times for each product. Labor rates‚ including fringe benefits
Premium Cost accounting Cost Costs
accept all proposed audit adjustments. The auditor’s main duty is to provide reasonable assurance to verify the accuracy and compliance of client’s financial statements‚ to ensure that it conveys data and information of events occurred within the accounting period. When a misstatement is found‚ the auditor should decide whether the misstatement is material‚ considering both amount and quality perspectives. If it is a material misstatement‚ the auditor should mainly insist in making proper adjustments
Premium Financial audit Audit Auditing
The objective of this lab was to prepare n-butyl bromide or n-bromobutane‚ which is derived from an alcohol and an acid. In this case‚ n-butyl alcohol and sulfuric acid were the reagents. There were two methods of distillation that was involved in this experiment. The first was by reflux distillation‚ which is used to speed up a chemical reaction without having the reactants/ products evaporate or explode. Data Table 1 indicates the amount of each reagents that was prepared for the reflux apparatus
Premium Acetic acid Ethanol Water