PART A Courts all over the world have set precedence’s of treating directors as trustees which means in the performance of their assigned legal and corporate duties‚ they stand in a fiduciary relation to the shareholders of the company. A director as a trustee shall act in the best of his ability to benefit the company and not in furtherance of his own interest. Each of the four directors of the company stand in a fiduciary position to the company and thus liable for their acts of omission and
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into account: Country Risk: The political situation in Turkey has been characteristically unstable. WST management would have witnessed changing regulatory conditions in foreign exchange controls and the prohibition of repatriation. These restrictions were lifted in 1980‚ but certain limitations remain to the present day. First‚ the payment of royalties‚ fees‚ dividends and profits are subject to government approval. Second‚ a progressive tax was levied on all remittances in excess of 12% of registered
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country to study abroad. Answer: The first phase of the author’s relationship with his grandmother is the author’s childhood when they lived together in the village. They enjoyed intimate relationship and were good friends. His parents left him with her and they went to live in the city. They were constantly together. She used to wake him up in the morning and get him ready for school. Then she would fetch his wooden slate‚ a tiny earthen inkpot and a red pen. After a breakfast she accompanied him
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worse off than are made better off. Statement (b) is positive because it predicts how gasoline rationing affects people without making a value judgment about the desirability of the rationing policy. 3. Suppose the price of regular-octane gasoline were 20 cents per gallon higher in New Jersey than in Oklahoma. Do you think there would be an opportunity for arbitrage (i.e.‚ that firms could buy gas in
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Answer Questions: 1. Was the suspension fair? The suspension was fair. -joan has acted improperly many a time. -joan has not arranged alternatives for repeated personal problems. ----------------------------------- 2. Did Joan act responsibly? -joan has not acted responsibily many a time. ------------------------------------- 3. Should she be fired? -this is a commercial business house ‚ who have a responsibility to the customers and stakeholders. Hence joan
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Mitigation Strategies and Solutions Final Project: Energy conservation is a process that every one in the world should be aware of not just for the rising cost of energy that is used by the consumer‚ but also the destruction that it can stop on the earths resources. Energy conservation is the reducing or eliminating of unnecessary energy use and waste by decreasing the quantity of energy used for achieving the same outcome. There are many tools that can be used for energy conservation Focus
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Write an essay about Civil Military Operations For the past years of vast experience in accomplishing the internal security operations‚ it has enhanced our Civil Military Operations activities. This operation other than war activity established that victory for this type of conflict is reliant on the support of the people and the soldier’s ability to diminish the enemy’s will to fight in support to our mission accomplishment. Civil Military Operation as a vital component of TRIAD is characterized
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terms of income. Cash invested in business. The cash flow statement indicates that Chemalite used its cash to invest in the business. Chemalite spent $212‚500 on equipment for producing Chemalites. Falling bank account balance. Some investors were worried that Chemalite was loosing money (not making a profit) because the bank account balance was steadily falling. While a positive net income tells us this is not true‚ the falling bank account balance is still cause for some concern and needs
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US Bank Wealth Management The Private Client Group If you have $100‚000 or more to invest. U.S. Bank has been providing trust services for generations. The Private Client Group offers a wide range of trust services‚ and our dedicated professionals are experienced in handling the complex financial and emotional issues of trust and estate administration. A Trust May Benefit You In Many Ways Many people accumulate wealth in their retirement accounts and own assets that‚ when added together‚ have
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Poverty is a major problem in the United States today. Social‚ economical‚ political‚ and cultural factors all contribute to poverty. Education and economic development are two major issues that will help prevent poverty. The United States Census Bureau defines poverty as an "economic condition in which people lack sufficient income to obtain basic needs for food‚ housing‚ clothing‚ health services and education." In other words‚ poverty is powerlessness‚ a lack of representation and freedom. Poverty
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