"Unlimited liability company law case" Essays and Research Papers

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    The Elements of Criminal Liability ACTUS REUS & MENS REA "Actus non facit reum nisi mens sit rea"‚ or "an act does not make a man guilty unless his mind be also guilty (Burgess‚ 2004‚ p.8)." In criminal law‚ for an individual to commit a crime‚ there must be present two elements. They are: • Actus Reus (meaning guilty act – or omission); and • Mens Rea (meaning guilty mind). Actus Reus is the guilty act or omission in the commissioning of a crime. In short‚ it is what the offender does

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    Intangible assets are amortized. 6) Liquid Assets: Liquid assets are those assets which are with us in cash or easily converted into cash. 7) Long term Assets : Any asset that a company or individual holds that will generate revenue for more than one year is considered a long term asset. Long term assets are the assets that a company holds of value that are expected to last in spite of any depreciation. These assets are defined as the value of a company’s equipment‚ property and any other assets that they

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    Limited Liability Personal Definition: In the event a liability arises‚ limited liability prohibits the available assets to only the business entity itself. Essentially‚ the investor cannot lose more than he or she puts in. This protects the individuals working for the entity on a personal level. Nobody can attack his or her personal assets‚ unless the individual exhibits some form of activity that qualifies for piercing the corporate veil. Investopedia Definition: A type of liability that does

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    (SDA) and common law derivative action (CDA)‚ we need to define what they are. Salim (2013) established the meaning of CDA: The common law derivative action is based on two principles‚ the ‘majority rule’ and ‘proper plaintiff rule’‚ stated in the case of Foss v Harbottle (1843). The ‘majority rule’ means simply that the wishes of the majority will prevail over those of the minority. The “proper plaintiff rule’ provides that if a wrong is committed against a company then the company is the proper claimant

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    Police Pursuit Liability

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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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    Business and Law Cases

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    parties were in a partnership; hence United Domain was entitled to share in profit. Canny Gabrial Castle v Volume Sales(p200): Canny Gabrial argued that the 2 companies were joint ventures Decision: Agreement was partnership Polkinghorne v Holland(p205): Was the giving of financial advice outside the ordinary business of the law firm‚ such that the partners would be jointly liable Decision: Held that the firm was liable for the actions of hollan’s son Lec 5 Chap 13 Balfour v Balfour(256):

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    Bose Company Case

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    and that is to be the leader in its area. So for that I believe other companies are more likely to be analyzing Bose and its strategies. But if we assumed that Bose do analyze the competition then that could be to figure out what the competitors don’t provide in their products. By doing so Bose can make sure they are ahead of the game in providing the customers with high quality products that can’t be found in any other company. 2. Which of the texts three approaches to marketing strategy best describes

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    Amanda Fultz Mark Davis BUL 2131-43 8-19-2013 Liability for Agent’s Contracts You run a successful paper mill and send out your three best personnel to secure new wood pulp sources using due diligence and skill. Applying the agency principles outlined in this chapter‚ answer the following questions. Delilah‚ does not return with wood pulp‚ but brings back three contracts. Acting within the scope of her authority‚ she contracted

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    Case Law / Emtala

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    EMTALA The article I chose to discuss was a court case involving the Emergency Medical Treatment and Active Labor Act (EMTALA). A Dickinson County hospital violated EMTALA for failing to provide emergency care for a patient who was transferred to a different hospital without being completely stable enough for transfer. In 1985‚ Congress passed the law of “Emergency Medical Treatment and Labor Act” also known as (EMTALA) to ensure public access and treatment to emergency services regardless of race

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    Outline the duty of care owned by an occupier to visitors defined in the Occupier’s Liability Act 1995 Under the traditional common law system entrants upon a premises were divided into the following four categories: Contractual invitees Invitees Licensees Trespassers Under the Occupier’s Liability Act 1995 three new categories were created; visitors‚ recreational users‚ trespassers. A visitor according to the act was: An entrant of right An entrant other than

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