for the debt incurred by Lau. The second issue is whether Lau&Kwan Co. has established a place of business in Hong Kong. In the light of s.7 of the Partnership Ordinance‚ “acts of every partner‚ who does any act for carrying on in the usual way business of the kind carried on by the firm‚ bind the firm and his partners‚ unless the partner so acting has no authority to act for the firm in the particular matter”. That is‚ Lau and Kwan are both liable for the debt owing to Cheung & Co.‚ Kwan
Premium Corporation
about laws. However‚ if a law is written in a way such that it would be illegal to protest it‚ in those times‚ breaking the law might be the only option. For example‚ during the 1960s‚ civil rights leaders had to break the law to get attention from the media and rally for change to show how wrong segregation was. Breaking the law peacefully positively affects a free society if the laws restrict the freedom of the country. In the 1960s‚ many people such as Martin Luther King Jr. broke the law to show
Premium Law Political philosophy Civil disobedience
Issue: Whether directors of ABC Bhd had breach their duty as directors. Whether ABC Bhd can persue their claim against any other party related to ABC Bhd. Law: S.4(1) Company Act 1965 (CA1965) states that director includes any person occupying the position of director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors of a corporation are accustomed to act and an alternate of substitute director. For example‚ in the case
Premium Contract Tort law Fiduciary
SCHOOL OF ACCOUNTING AND LAW LAW2452 COMPANY LAW COURSE MANUAL Copies of copyright material in this compilation have been made in accordance with the provisions of section VB of the Copyright Act for the teaching purposes of the University. CONTENTS Course Syllabus 2 - 4 Topics (Topic 1 - 15) 5 - 17 Tutorial Questions (Questions 1 - 46)
Premium Corporation Corporations law Company
business decisions on behalf of companies. Under the present rules‚ directors’ duties are enshrined in the common law rules and equitable principles as well as in statutes such as the Companies Act 1985 as amended by Companies Act 1989. It is considered that these principles lack certainty and are not easily accessible. Quite often‚ directors usually have to take advice in these kinds of areas so that they do not accidentally breach any duty enshrined in the case law. Therefore the government believes
Premium Common law Corporation Company
lot of people don’t seem to share my views about traveling. I believe it’s very important to see the world and different cultures. It lets us open our minds to new things and we get to experience life in exiting different ways. Traveling gives us the opportunity to disconnect from our regular life. You get to forget your problems/issues for a few weeks‚ it can also help you figure things out that you would not have understood without the distance traveling can give you. We all have crazy schedules
Premium Travel Trip Leave
Environmental Law in New Zealand Introduction New Zealand is in an enviable position as it has been able to learn from the mistakes of other nations‚ however this does not mean disasterous environmental issues cannot arise here. Fortunately New Zealand has well established environmental laws with several legislative statutes and governmental authorities. Following international trends and heightened awareness of environmental issues throughout the years the legislation has become increasingly
Premium Sustainability Natural environment Environmentalism
information: s 157(2) Financial assistance to director-related companies: s163 Directors remuneration and benefits: s168‚169&172 Interested persons transactions: SGX Listing Manual Section 156 disclosures: s156(1)&(5) Duty to retain discretions Duty to avoid conflicts of interests Duty to use powers for a proper purpose Duty to act in good faith in the interests of the company Liability for fraudulent trading: s 340(1) General law Duties Loyalty and good faith THE DUTIES Care and
Premium Law Tort Tort law
Final Project Customer Strategy of Bain & Company Submitted to: Ms. Tahira Hafeez Submitted by: Umar Afzal 2102071 Dated: August 18th‚2011 Customer Strategy & Marketing Customers are the source of real growth. Bain combines in-depth customer insights with practical expertise in operations and economics to create sustainable‚ organic growth. • What we do Applying an outside-in perspective and achieving growth are fundamental to our approach at Bain. Our customer-centric business
Premium Marketing Customer Business
Blowout Company is a German corporation and manufacturer of the California Custom tire‚ a tire that is compatible with Harley Davidson motorcycles manufactured in the United States. Tofu Granola‚ a resident of Santa Cruz‚ California‚ purchased a pair of California Custom tires for his Harley. Granola purchased the tires from Goodstone Tires‚ Inc.‚ a California corporation‚ at its store in Half Moon Bay‚ California. The Blowout Company and Goodstone provided assistance to their customers through
Premium United States Law Jurisdiction