YES. HELD: Under the Corporation Code‚ Naguait is liable bec: (1) he actively managed the business; (2) there was evidence that CFTI obtained reasonably adequate insurance; and (3) there was a corporate tort in this case. Our jurisprudence is wanting to the definite scope of “corporate tort.” Essentially‚ “tort” consists in the violation of a right given or the omission of a duty imposed by law. Simply stated‚ it is a breach of legal duty. PHILIPPINE NATIONAL BANK‚ petitioner‚ vs. THE
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Ch 3-4 3400 Fall 2014 Name Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. During this year‚ Marvin had the following transactions: Salary Bank loan (proceeds used to buy personal auto) Alimony paid Child support paid Gift from aunt $50‚000 10‚000 12‚000 6‚000 20‚000 Marvin’s AGI is: a. $32‚000. b. $38‚000. c. $44‚000. d. $56‚000. e. $64‚000. ____ 2. During this year‚ Sarah had the following transactions:
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Chapter 12 Torts The Basis of Tort 1. The Purpose of Tort Law a. Damages Available in Tort Actions Compensatory damages (including special damages and general damages) : compensate or reimburse the plaintiff for actual losses Special damages: compensate the plaintiff for quantifiable monetary losses. General damages: compensate individuals (not companies) for the nonmonetary aspects of the harm suffered‚ such as pain and suffering. b. Punitive Damages: Only when the defendant’s conduct was particularly
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Do You Really Know Yourself? Throughout time great philosophers have pondered the question of what knowing your self is. Philosophers like Socrates‚ Plato‚ and Alcibiades have somewhat of a similarity when it comes to identifying one’s self. However‚ there are the differences that lead up to the explanation and what individuals believe the self is. Socrates focused on the ‘good life’ and stresses the fact that to know how to live we need to know who we are. Under Socrates‚ the founder of philosophy
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What Happened? DRTA Lesson Plan TITLE OF READING SELECTION: What Happened? CONCEPT DEVELOPMENT QUESTIONS We are going to read a story about a boy’s ambition and how far his dedication for an activity got him. What/who are your biggest motivations/motivators? What are some hobbies that you are passionate about? (art‚ sports‚ etc) Are you good at your passions? Do you believe with practice and determination‚ you’ll eventually do really well because of your passion when if you’re not good at
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incurred during the taxable year in carrying on any trade or business”. (http://www.law.cornell.edu/uscode/text/26/162). Conclusion The $25‚000 is an allowable business expense deduction and will not be included in gross income. Issue (c): What is your determination regarding reducing the taxable amount of income for both (a) and (b) above? John Smith will be required to pay income tax on the $300‚000 only. He should consider itemizing his deductions instead of taking the standard deduction
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Name: Mr. 2. Fin no: 3. Assignment: Cases on Contract law 4. Course: Diploma of hospitality management (Food & Beverage) 5. Intake: 35 6. Lecturer: Mr. Roland Foo Hee Wan 7. Date Of submission: 17th Jan’ 2012 Content 1. Introduction…………….……………………………………………………….….Page 3 2.Tort case …………………………………………………………………………..Page 4‚ 5 3. Contract Cases………………………………………………………………….Page 5‚ 6‚ 7 4. References…………………………………………………………………………Page
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individuals and can co-operate towards attainment of group goals”. According to F.W. Taylor‚ “Management is an art of knowing what to do‚ when to do and see that it is done in the best and cheapest way”. Definition of leadership It is a process by which one person influences the thoughts‚ attitudes‚ of others. Leader s set a direction for the rest of us. They help us visualize what we might achieve. They encourage us and inspire us. Without leadership a group of human beings quickly degenerate into
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1. How do you calibrate an Oscilloscope? In order to calibrate the Oscilloscope‚ we connected the BNC alligator into the channel we wanted to calibrate (Channel 1). We clipped the red probe to the calibration knob‚ and we saw a 2 volt VPP signal. The desired output from the oscilloscope was a 1000 Hz calibration frequency. The 1000 Hz frequency is the standard frequency for most of the oscilloscopes. After we clipped the red probe‚ we saw a square wave signal. The first thing we calibrated was the
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Ralph Waldo Emerson once said‚ "People only see what they are prepared to see." A statement so veridical‚ that the people to whom it implies are either not capable of understanding it or simply cannot accept it. In fact‚ most of humanity can read the undeniably prodigious quote ad infinitum‚ without comprehending the profound meaning behind it. There are four types of individualities‚ each reacting to the quote in a different manner. And how individuals react to it‚ determines their general responses
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