Part A Potential Liability Since the House of Lords decision in Salomon v Salomon & Co Ltd, it has been recognised that an inflexible application of the concepts of separate entity and limited liability will imply that can lead to undesirable consequences. Under certain occasionally, the court will go behind the corporate veil. In refer to cases of Yap Sing Hock v Public Prosecutor where the Supreme Court Peh Swee Chin SCJ would suggest the veil to be lifted by statutes, e.g. the Companies Act
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his duties with a degree of care and diligence that a reasonable person would if he was at a position considered to be of officer cadre such as General Counsel and Company Secretary. The Corporations Act 2001, s 9 defines the term “Officer” in a way that if a person is a director or secretary of the corporation or a person who is involved in decision making and thus impacting the substantial part of the organization. Mr. Shafron tried to defend stating he had two different roles in the company
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DIANE GERINGER, individually, and as parent and next best friend of TARA GERINGER, and as surviving spouse of William Geringer, decedent, and mother of Jared Geringer, decedent, Plaintiff(s), v. WILDHORN RANCH, INC., a Colorado Corporation, M. R. WATTERS and LES BRETZKE, Defendants UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO 706 F. Supp. 1442 December 14, 1988 (with professor edits) OPINION SHERMAN G. FINESILVER, CHIEF UNITED STATES DISTRICT JUDGE Plaintiff Diane
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Environmental Scan Environmental scanning is very important to a company’s long term and short term run within a business. In this paper there will be two businesses being evaluated through the scanning process. The SWOT analysis is the tool of choice. The SWOT analysis will provide the strengths and weaknesses of each company. The environmental scanning monitors help companies evaluate information from the
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Project Proposal The project at hand will be the incorporation of three new call centers at three different locations out of the many branch offices that are located around the country. The key is to eventually be able to establish a call center in every location site the company has. First we would like to start out small with three call centers and see how this potential set up will work and how will it respond to the company’s need and the employee’s use of the system. The project will consist
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University of Aberdeen Examination for the Degree of MA AC1009: Accounting and Accountability Wednesday 26 January 2011, 15.00 – 17.00, Games Hall, Butchart Centre Session 2010-2011 Rubric: Answer all questions from SECTION A, and two from the SECTION B. SECTION A (Answer all questions from this section) Question 1 (20 sub questions 2 marks each, total 40 marks) Select the correct answer (only one choice is correct) 1.1 The main purpose of a _______________ is to generate surpluses and
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we operate. And in everything we do, we strive for honesty, fairness and integrity”. ((n.d.). Retrieved from http://www.pepsico.com/Purpose/Our-Mission-and-Values) • What the company does exactly: PepsiCo is a multinational food and beverage corporation that manufactures, markets and distributes snack foods, beverages, and other products. • Company’s location: The company is headquartered in Purchase, New
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Mergers and Joint Ventures ECO/365 Microeconomics May, 8 2015 Mergers and Joint Ventures As a team, we learned about the different types of mergers and the differences between them. We also discussed how they differ from a joint venture. Different types of mergers We will start with the first type of mergers, which is Horizontal Merger. In a Horizontal Merger, pair of companies in the same industry that sell the same stuff or services combine their businesses together
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Business structures on the other hand, refers to the way the pieces of the business fits together such as its management operations and product distributions. (Hill, 2012) Uggs Australia is part of the portfolio of brands acquired by Deckers Outdoor Corporation which is an American company. Deckers acquired the Ugg brand in 1995 from its founder Brian Smith and repositioned the brand as a luxury brand sold through expensive shops in the US. Uggs primary product is their classic sheepskin boots but as the
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Investment Agreement: Investment Agreement This Agreement to be called the Investment Agreement is made this the ................................... day of .................., 200 , Between the Bank/FI (precise name to be inserted here) established under the ................ Order/Act, (P.O./Act No. of .........................)/registered under the Companies Act, 1994 (Act No 18 of 1994) / the Companies Act, 1913 (VII of 1913), hereinafter referred to as the Bank/FI (which expression shall unless
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