BUSL301 Final exam Session 1 2013 The exam does not include: Lecture Area 1-4 Lecture Area 9 [Week 10] (Takeovers / Financial Services and Markets) The Role of Auditors / ASIC Investigation (these are both in Lecture Area 7 [Week 8]) Everything else is examinable – that is, within the range of material that may be included in the final exam Part A of the exam (20 marks) is multiple-choice (10 x 2 marks per question) Part B of the exam (40 marks) has 2 problem style questions requiring written responses
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NORTH SOUTH UNIVERSITY Summer 2014 Assignment Topic “The Company at Law is Distinct from its Members. Directors are neither Agents nor Trustees of the Company” Prepared For Barrister Shaheen Ahmed Lecturer School of Business North South University Prepared By Shahriar Hasnaine Sakib ID- 111 0261 030 LAW 200 Section: 07 Date of Submission July 15, 2014 Contents TABLE OF CONTENTS Objective 3 Introduction 3 Company’s Classification and Characteristics 3 Separate legal personality
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place. Legal Liability of Officers and Directors Officers and directors of Riordan Manufacturing have a duty to exercise due diligence in overseeing the activities of the organization that they serve. Following the policies and procedures implemented in the formation of the organization is important to how smoothly the organization runs. There are three basic duties officers and directors have: duty of diligence, duty of loyalty, and duty of obedience. Duty of diligence requires that they act reasonably
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Board of Directors and Corporate Executive Officers Supervision Board of Directors • • • • Determines the fundamental management policies of the Sony Group. Oversees the performance of the duties of Directors and Corporate Executive Officers. Appoints and dismisses the statutory committee members. Appoints and dismisses Corporate Executive Officers and Representative Corporate Executive Officers. Chairman of the Board, The Japan Research Institute, Limited Tsun-Yan Hsieh* Chairman, LinHart
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a) SEBI committee b) OECD committee c) Cadbury committee d) All of the above 4. Internal control is implemented by the________. a) Board of directors b) Audit committee c) Management d) All of the above 5. OECD stands for_______________ 6. Which of the following have the power to hire fire and compensate the top management? a) Board of directors b) Audit committee c) Shareholders d) Management 7. CII stands for _________________ Examination Paper of Certified Corporate Governance Professional
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has come to be treated correctly as an exception to the primary principle. There are two situation where Act has provided that the court can lift or pierce the corporate veil related to the facts. Firstly would be the duty to not trade while insolvent. As general directors’ duties, to prevent company trading if it is insolvent. This means much consideration is required before incurring a new debt under reasonable grounds to suspect that the company is insolvent or will be insolvent as a result of
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THE ROLE OF NON-EXECUTIVE DIRECTORS Essentially the non-executive director's (NED) role is to provide a creative contribution to the board by providing independent oversight and constructive challenge to the executive directors. NED could act as the 10th man in ‘10th man idea’ where his/her role is to disagree no matter how improbable the idea nine people agree on something. He/ She may present a case for an alternative viewpoint — no matter how ridiculous the idea sounds. If his evidence is still
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1.0 Introduction Flat Cargo Berhad (FCB) was a listed company, focusing on air freight and aircraft ground handling services. It was established by Lim Loon Sim and Ali Bin Ahmad and successfully became one of the largest air cargo carriers in Malaysia, servicing not only the public but also the government linked companies. FCB started its operation in year 1997 and being listed in Bursa Malaysia on 15 September 2001. It consists of five subsidiaries which are FC Spare Sdn Bhd, Cargo Management
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governing the running of a company that is placed with the Registrar of Companies. The articles of association constitute a contract between the company and its members, set out the voting rights of stockholders and the conduct of stockholders' and directors' meetings, and detail the powers of management of the company. A memorandum of association is a related document. The Articles of Association contain, as per the law requires, provisions on the company name, address and domicile, the purpose of
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AC 31611DE AC 316 (M) 2013 Page 1 of 4 UNIVERSITY OF SWAZILAND FACULTY OF COMMERCE DEPARTMENT OF ACCOUNTING MAIN EXAMINATION PAPER MAY 2013 DEGREE! DIPLOMA: BACHELOR COMMERCE OF COMMERCE NIP! DIPLOMA IN YEAR OF STUDY B. COM III (Fff)! DIPLOMA IN COMMERCE IV (IDE) TITLE OF PAPER PRINCIPLES OF AUDITING COURSE CODE AC316! IDE AC316 (M) MAY 2013 TOTAL MARKS 100 MARKS TIME ALLOWED THREE (3) HOURS INSTRUCTIONS 1 There are four (4) questions, answer all. Begin the solution
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