What is the difference between Derivative action and Statutory derivative action? Top of Form Firstly‚ Derviative action is the exception of Foss v Harbottle. It is also called the Common Law dericvative action. To fulfill this action‚ there are 2 components. The first one is the "fraud of monority" which is the abuse of controlling power. It means that the directors or the majority secure a benefit at the expense of the company. The abuse of power results in the personal gain. The second component
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Description Finance Officer Finance Officer 5/30/2005 Page 1 PURPOSE OF THE POSITION (The main reason for the position‚ in what context and what is the overall end result) The Finance Officer is responsible for maintaining financial‚ accounting‚ administrative and personnel services in order to meet legislative requirements and support municipal operations. SCOPE (The way that the position contributes to and impacts on the organization) The Finance Officer reports to the Senior
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CERTIFICATION This academic report is a product of SANDRINE NJEMO NKA’A from an industrial training program at N ATIONAL PORT AUTHORITY CREDIT UNION LEAGUE [NPACCUL] for the period of August 1 to September 30. This report has been carefully developed in accordance to the conditions and criteria that satisfy the award of B.SC Accounting Degree from the Catholic University Of Bamenda Cameroon [CATUC]. Signature; ………………………………… ……………………………… The Manager NPACCUL
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1. What is the basic conclusion of this review? After reading “The Origin of Cultural Differences in Cognition: The Social Orientation Hypothesis” I have come to believe the two social orientation independent and interdependent mostly share a correlation with social orientation differences and priming. Social differences amongst different cultures stares the focus to independent or interdependent because in that particular culture that is the way things have previously been done. While priming affects
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vicariously liable for wrongs of its partners and employees and other agents acting in the course of their partnership’s business. Additionally‚ vicarious liability extends to individual partners as well‚ regardless of their individual culpability. The latter principle of spinoff liability is‚ naturally‚ highly detested among members of the partnership‚ in particular members of professional service firms. Intriguingly‚ the principle of vicarious liability has over time attracted different justifications
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Public Administrators and the Media Paper LaTonia Gover COM/PA530 September 24‚ 2012 Scharlene Ahmed Public Administrators and the Media Paper This is a press release from a local news press article regarding the West Nile Virus the press release was on July 27‚ 2012 from the Department Of Health informing the public that the West Nile Virus has become a health problem in Columbus‚ Oh‚ once again. The news press advised people of Columbus in many ways how to prevent the bites of mosquitoes
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Administrator Challenges Ronald E. Reburn CJA/454 September 22‚ 2014 John Kotzker Administrator Challenges My experience in corrections is limited to only 4 years. I feel that in my time there‚ I learned a lot about what the custody part of corrections job consists of‚ not necessarily what the parole portion or the prison administration does. As a first line supervisor within the correctional system‚ the staff was held to somewhat of the same standards as I did young airmen in the
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Unit TDA 2.2 & MU2.4 What action should be taken if there is a fire in the setting? If there is a fire in the setting‚ the alarm should be raised at once and other members of staff notified. Call 999 for the fire brigade as soon as possible. On hearing the alarm and the children and everyone must evacuate the building in a calm manner via the nearest fire exit with your class and wait a designated waiting area safely away from the fire set by the setting. You should not stop for any belongings
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Limited Liability Company and Partnership Jasamine L. Stephens Finance for Decision Making FIN/419 October 10‚ 2011 Maria Johnson Limited Liability Company and Partnership Every business venture begins with a dream and a basic idea. Beginning a business is a decision that must be made by first deciding what type of entity to establish. There are several factors that need to be decided such as will the new business have one or multiple owners. The most common forms of a business
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corporations outline Georgetown University Law Center Prof. James V. Feinerman Fall 2012 I. Agency‚ Partnership and Limited Liability Companies 1 AGENCY Agency is a fiduciary partnership that results from the manifestation of consent by one person to another that the latter shall act on the former behalf & subject to his control‚ & consent by the latter so to act. E.g. Shareholders (principals) – officers (agencies). Principal: Has power to dictate how the agent will
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