Statutory duties Main statutory duties of a director are provided by s.132 • Where a director breaches common law duties‚ these statutory provisions impose criminal liabilities. • S.132(1) is a general provision that requires directors to act ‘honestly’ at all times and use reasonable diligence in the exercise of their powers. Any breach of fiduciary duty • Duty imposed on directors to avoid conflict of interest by not using confidential information they obtain by virtue of their position
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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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a travel agent is to avoid having to do all the research and planning yourself. Agents must be leaders and be able to take charge over all arrangements in order to bring clients’ dream vacations to fruition. 2. Computer Literacy * Helpful travel information is acquired by computer and travel publications—from weather conditions to travel documents‚ money exchange rates‚ local customs and popular tourist attractions. Proficient computer skills are a must. In particular‚ agents must skillfully
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segregation of duties. Explain why these situations are an issue for the business. Discuss how the problem may be solved. Romney & Steinbart (2006) states that‚ Good internal control requires that no single employee should be given too much responsibility over business transactions or processes. An employee should not be in a position to commit and conceal fraud.’ Segregation of Accounting Duties In accordance to Romney & Steinbart (2006)‚ effective segregation of accounting duties is achieved
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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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classroom teachers see themselves as agents of change in their school. Discuss ONE way in which educators can become more committed to their role as change agents. Reshma Rambajan University of the West Indies Many researchers have addressed the issue of teachers as change agents. According to Fullan‚ (1993)‚ “change is in essence‚ learning to do something differently‚ involving adjustments to many elements of classroom practice and everybody is a change agent in quality education” (p.24). The question
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courts have established that for negligent conduct to be actionable‚ there must be a duty to take care resting on the defendant‚ which must be breached‚ which must cause damage‚ where the damage must not be too remote form the breach. These requirements carry significant policy controls : of autonomy‚ causation‚ foreseeability and proximity which will be discussed in due course. The courts first recognised such a duty in Hevan v Pender though it was in Donoghue v Stevenson that the law of negligence
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Jabril Muhammad Dr.Edwards English 1301 9 June 2014 Love is duty Love is unpredictable and can never be studied completely. St. Augustine said “Better to have loved and lost‚ then to have never loved at all.” No matter how long I live on this wonderful planet I will never forget her‚ she was the first girl I had ever connected with on an emotional and spiritual level. I first caught a glimpse of her at a conference in Austin‚ Texas‚ at the Grand Marriott hotel we became very close over a period
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DUTY OF CARE A Tort is a civil wrong‚ which is an action brought to enforce‚ redress or protect rights or noncriminal litigation. There are many Torts‚ however‚ of importance is Negligence. Negligence is the failure to do something a person of ordinary prudence would do. Negligence protect against personal injury‚ damage to property and economic loss. In order to establish negligence four elements must be established. Firstly‚ the plaintiff must prove that a duty of care was owed. Secondly‚ the
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are the duties and responsibilities of Cashier A cashier is a person who deals with cash. There are many organization like bank‚ schools‚ shops etc that deals with cash transactions. And this are the places where there is a need of cashier. Cashier plays very important role in the field of banking. The job of cashier includes many things and it is job of accuracy. They have to interact with customer on daily basis for solving queries‚ handling money etc. Here are some job duties and responsibilities
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