structure holding companies usually have control and influence over subsidiaries. Limited liability on the other hand‚ is the logical consequence of the existence of a separate legal entity or generally‚ the concept simply means that since the company is different from the shareholders‚ the members are only liable for the amount unpaid or their shares and not for the debts of the company When limited liability is easily and cheaply available can be explained as removing unnecessary legal bars which
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Question Presented Can an insurance company be held liable for the insurance agent’s error? Short Answer Yes. Missouri does distinguish that in assured environments an insurance agent may be obligated to owe certain liabilities to its clients and also may be accountable for an inattentive breach of such liabilities. However in this situation‚ Davis inferred the lease as not to require coverage on the building. He was performing activities particular to his role as an insurance broker‚ not as a soliciting
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of insurance • 2 Indemnification • 3 When is a Policy Really Insurance? o 3.1 Does the Contract Contain Adequate Risk Transfer? o 3.2 Is There a Brightline Test? o 3.3 "Safe Harbor Exemptions" o 3.4 Risk Limiting Features • 4 Insurer’s business model • 5 Gambling analogy • 6 History of insurance • 7 Types of insurance • 8 Types of insurance companies • 9 Life insurance and saving • 10 Size of global insurance industry
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Abstract Leadership in nursing is an important role that facilitates the delivery of successful nursing care and patient satisfaction in the medical field. In every work atmosphere‚ there are always leaders and followers. Both contribute to building a safe and effective workplace. The leaders motivate staff members and inspire them to work up to a particular goal‚ while the followers are guided by the nursing leaders. There are a few different leadership styles‚ some good and some bad‚ which
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Ever since I was a little girl I have always loved helping others feel better. I have always had a heart of gold and this is why I have chosen Nursing as my career choice. I feel like becoming a registered nurse is where I will belong and be most happy at. I am most fulfilled when I know I am helping‚ and doing for others. I am a very passionate individual and show a lot of compassion in everything I do‚ which are key qualities most nurses have. Although registered nurses have many responsibilities
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ON ASSETS AND LIABILITY MANAGEMENT OF NAWANAGAR CO-OPERATIVE BANK GUIDED BY Dr. (Prof.) Ajay Shah ACADEMIC YEAR 2010-2012 SUBMITTED TO JAYSUKHLAL VADHAR INSTITUTE OF MANAGEMENT STUDIES (JVIMS) BIPIN T. VADHAR COLLEGE OF MANAGEMENT JAMNAGAR AFFILIATED TO GUJARAT TECHNOLOGICAL UNIVERSITY AHMEDABAD 1 2 3 DECLARATION I undersigned PARMAR KANJI N. a student of MBA 3rd semester declare that I have prepared this project report on “Assets and Liability Management of Navanagar
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to the same word‚ “Responsibility.” Will we let our children forego the consequences of their actions? Even if we try the Parent Liability Childs Act will prevent parents from doing so. The Parent Liability Childs Act of 2000 in California states‚ “Parents jointly and severally liable for willful misconduct causing injury‚ death or property damage.” The Parent Liability Childs Act should be appealed because if the child isn’t punished they will commit more severe crimes‚ it is extremely unfair to
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Introduction to Occupier’s Liability in Singapore Occupier’s liability refers to the liability of an occupier of premises arising from the defective conditions or unsafe activities on the premises which result in injury or damage to the plaintiff. In Industrial Commercial Bank v Tan Swa Eng His Honour Lai Kew Chai J rightly held that “the law of occupiers’ liability in Singapore is derived from English common law”. However‚ statues on occupier’s liability in the England are not applicable to
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Classification of Assets and Liabilities in a Balance Sheet We all know that Balance sheet tells us the financial position of a business at a particular point of time. The accounting equation i.e. Assets = Liabilities + Capital forms lays the foundation for the preparation of Balance Sheet. Everything that the business owns are its assets. Alternatively‚ whatever amounts a business owes to outsiders become its liabilities. First let us see how these assets are to be classified. Current
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Insurance Reforms in India: FDI Cap to relax to 49 Percent 15 September‚ 2009‚ Business News - No Comment Ads by Google The Indian Government is keen on getting the current Foreign Direct Investment (FDI) cap raised from 26% so as to enable foreign investors up their stakes in insuranceorganisations in India. While the Insurance Regulatory Authority of India (IRDA) has been holding the FDI cap steady at 26%‚ there have been lobbying from various stake holders in the insurance industry to increase
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