Employer’s Duty of Care To what extent are employees required to perform their job with a duty of care? We all know that corporate officers have a duty of care to the corporation that they are employed by. They have an obligation to perform their duties with the care that a person in a like position would reasonably exercise under similar circumstances (Halbert & Ingulli‚ 2010‚ p 52). As a fellow employee down on the totem pole‚ we are held to the same standard to act in good faith in
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to money he is very careful and disproves of his wife spending money. An example is when Nora went shopping and she came back to show Torvald‚ he states “Bought‚ did you say? All these things? Has my little spendthrift been wasting money again?” (Act 1) Torvald does not like when she spends his money because he will not begin his new job position at the bank yet till next year. Torvald also likes to control what Nora eats he dislikes when she eats her favorite sweet which is macaroons. But Nora is
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4 PRINCIPAL OF QUALITATIVE CHARACTERISTIC Understandability An essential quality of the information provided in financial statements is that it is readily understandable by users. For this purpose‚ users are assumed to have a reasonable knowledge of business and economic activities and accounting and a willingness to study the information with reasonable diligence. However‚ information about complex matters that should be included in the financial statements because of its relevance to the economic
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Kant and Duty Ethics In this paper I will first go into a detailed review of Kant’s second formulation of the first categorical imperative. I will explain in depth what the second formulation means and how Kant came to take on a philosophical position such as this. Next‚ I will describe the two most pertinent and grounded critiques that Feldman has regarding the second formulation. Then I will defend Kant’s formulation from these critiques. Finally I will summarize the above information and conclude
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For managers‚ a scholarly theory that other stakeholders should have some duties— towards the firm‚ in particular—should be a pleasant relief. However‚ key lessons for managers are that responsibilities towards the firm require that managers first conduct themselves morally; and that other stakeholder responsibilities often involve moral and citizenship duties requiring collective action‚ for which business leadership may be crucial. Mutual and joint responsibilities of stakeholders separate into
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according to his best judgment and be indemnified for the expenses incurred by him; 7. A partner has the right not to allow the admission of a new partner; 8. On giving a proper notice‚ a partner has the right to retire from the firm; 9. If a partner incurs expense on the business or he pays some money on behalf of the firm‚ that partner may get indemnified of these payments from the firm. Duties and obligations of partners: Along with the above rights‚ a partner also has some duties towards partnership
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P1 Explain the principal sociological principles Functionalism: Functionalism (or structural functionalism) is the perspective in sociology according to which society consists of different but related parts‚ each of which serves a particular purpose. According to functionalism‚ sociologists can explain social structures and social behaviour in terms of the components
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Negligence: The duty of care Introduction The tort of negligence has a role in providing compensation for those who have suffered through the actions of another. A negligent act can be summarised as failing to do something that should be done or doing something that should be carried out in another manner or not at all. When determining if an act is negligent‚ a number of basic principles are called upon in order to establish whether a duty of care is owed and if so‚ by whom. Reasonable Man In
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numerous responsibilities and duties that come along with being the president of the United States. Among these duties is chief of state‚ chief diplomat‚ chief executive‚ commander in chief and chief legislator. Even though these responsibilities and duties are very important‚ I feel that his most important role is doing whatever is necessary for the well-being of his people and his nation. Being a “steward” means that any action taken by the president for the benefit of his people is permissible‚ except
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My name is Cassandra Duncan. I grew up an only child. I was also an only grandchild on both sides. The youngest of all my cousins and the only child in a small neighborhood that consisted of a bunch of adults‚ I never really learned what it meant to just be a kid. And I certainly never learned how to relate to other children. Accustomed to being around primarily adults‚ I was always mature for my age. Even my own friends often annoyed me during my adolescent years. I had a lot of people who invested
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