Directors owe various fiduciary duties to the company as they have a fiduciary relationship with the company they are working at. An example of a case will be Hospital Products Ltd v United States Surgical Corp ‚ which explained that a significant feature of a fiduciary relationship was that the fiduciary agrees to act on behalf in another party’s interests. At common law‚ directors are required to act in good faith
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whether the contract is unconscionable‚ which includes the following: bargaining power of both parties‚ whether the consumer understood the terms in the contract‚ and whether undue influence or pressure was applied. In Commercial Bank of Australia v Amadio
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CARREFOUR CHINA‚ BUILDING A GREENER STORE Edizcan İkizoğlu Ertuğrul Ozan Özbahar Sırma Karakaya IE457|Case 2 Report Bilkent University November‚ 2013 I.SUMMARY In 1995‚ Carrefour entered China‚ with its first store opening in Beijing. By June 2006 the company was operating 73 hypermarkets in 29 Chinese cities and it was the number one foreign retailer in China having the fastest growing rate among its competitors [1]. The company planned to open 100 new stores in 2006-07 because the
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Flor Ltd for the total amount of £4971.71 plus interest to date. I wrote to you on 17 October 2015 requesting a refund of £2560.00 for the payment made to Flor Ltd in January 2014. I emailed to you the documents relating to the breach of contract by Flor Ltd and the County Court Judgement against them. You called Mr Wood of Flor Ltd and advised him to reopen the case and you then confirmed to me that you were not going to take any further action because you believed the case was going
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One isthat the people who now have the authority may not let go of it. The other is that the people at lower levels may not want to accept it. One of the problems‚ which decentralization aims to solve‚ is that the chief executive never has enough time to think about the major problems affecting the future of the operation. Q2. How Can Daewoo Stay Competitive with the Japanese ? Auto industry is important to developing countries is this intensive linkage. Most of developing
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Brief History K-Swiss‚ Inc. is a shoe company founded in 1966 by two brothers from Switzerland‚ Art and Ernie Brunner‚ who moved to Southern California in 1960. The two brothers were former top skiers‚ and took a heavy interest in tennis when they moved to the United States. Finding the current canvas style tennis shoe to be disappointing‚ they decided to construct and sell their own high performance tennis shoe. This shoe featured all-leather material‚ a shock-absorbing insole‚ a one-piece
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Marketing 601 Assignment 1 Benetton Brouhaha Benetton Brouhaha Is Benetton’s approach to advertising as depicted in “Benetton Brouhaha” more strategic or structural in nature? The purpose of this paper is to practice critical thinking by applying elements of reasoning to the article “Benetton Brouhaha”. The question I will answer: “Is Benetton’s approach to advertising as depicted in the article more strategic or structural in nature?” I will approach this question by applying critical thinking
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CHINEDU Table of Cases Anisminic Ltd V Foreign Compensation Commission (1969) 2 AC 147‚ (1969) 2 WLR 163....................................................................................................1 Craig v The State of South Australia (1995) 184 CLR 163 at 179.....................11 Ridge v Baldwin (1961) 2 All E.R. 523: (1961) 2 WLR 1054………………….6 R. V. Northumberland Compensation Appeal Tribunal‚ ex P. Shaw (1951) 1 K.B. 711: (1952) 1 K.B. 338…………………………………………………...13 Saluwa v Kabir (2011) 1
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Westros Ltd buys a throne building business from Essos Ltd on 1st July 2014. The items are shown at their carrying amount in Essos Ltd’s accounting records and at the fair values estimated by Westros Ltd. Item Cost Accumulated depreciation/ amortisation Carrying amount Fair value $ $ $ $ Accounts receivable 100‚000 100‚000 90‚000 Land and buildings 800‚000 400‚000 600‚000 Plant & Equipment 250‚000 200‚000 50‚000 70‚000 Precious metals and jewels 525‚000 525‚000
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Case Hand-In: WhiteWater West Industries Submitted by: Ben Goodman Student Number: 0306298 Submitted to: Prof. Tannys Laughren November 14th‚ 2013 Executive Summary In August 1995‚ President Geoffrey Chutter of Richmond‚ British Columbia based WhiteWater West Industries Ltd.‚ a water slide designing‚ manufacturing and installation company‚ decided that the company’s fiberglass manufacturing facility in Kelowna‚ BC needed to be relocated. The main reasoning for the move
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