9-104-071 REV: SEPTEMBER 14, 2007 ROBERT S. KAPLAN DAVID KIRON Accounting Fraud at WorldCom WorldCom could not have failed as a result of the actions of a limited number of individuals. Rather, there was a broad breakdown of the system of internal controls, corporate governance and individual responsibility, all of which worked together to create a culture in which few persons took responsibility until it was too late. — Richard Thornburgh, former U.S. attorney general1 On July
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Creating legally binding agreements Who has the right to enforce contractual obligations? * Contractual obligations only exist between those who have agreed to undertake them. * It follows that only parties to the contract have the right to bring an action to enforce it. This is called ‘privity’ of contract. * Price v Easton (1833) 4 B & Ad 433 * Coulls v Bagot's Executor & Trustee Co Ltd (1967) 119 CLR 460 Price v Easton 1. Original debt owed by builder
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Project Report ON Samsung Submitted To: - Submitted By: - Central Uniersity of Jharkhand Samsung History Samsung's history dates to 1938 when "Samsung General Stores" opened in North Kyung-sang Province, Korea. The company conducted its trade business until the 1950s when it became a producer of basic commodities such as sugar and wool
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PHYSICS HISTORY OF PHYSICS Physics (from the Ancient Greek φύσις physis meaning "nature") is the fundamental branch of science that developed out of the study of nature and philosophy known, until around the end of the 19th century, as "natural philosophy". Today, physics is ultimately defined as the study of matter, energy and the relationships between them. Physics is, in some senses, the oldest and most basic pure science; its discoveries find applications throughout the natural sciences, since
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Report - Automotive Logistics India 2010 - Automotive Logistics India http://www.automotivelogisticsindia.com/82/Report/[10-12-2010 00:00:14] CONFERENCE 2009: Market boom, but where are the 3PLs? PUNE 2-4 December 2009: As delegates assembled in Pune, India’s car sales figures for November were released – and they made startling reading. Growth is back in India: market leader Maruti Suzuki saw sales jump 60% over the same month in 2008 (though only 17% up on 2007); Tata Fiat was up 55%; Hyundai
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FOREWORD At no time during the last three or four decades have the communication skills of individuals in the business world come under closer scrutiny than today. And never before have those who work in the business world needed better, more effective communication skills. The emerging technology appears to be increasing, rather than decreasing, the need for effective communication skills. As more individuals have ready access to desk-top equipment to process written communication, fewer
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Terms and Conditions By booking a tour, cruise or other vacation package sold by scenic tours usa, inc. (“scenic”) and paying the booking deposit, you are agreeing to these terms and conditions, which creates a binding contract between scenic and you, the customer. please read this contract carefully, as it contains important terms and conditions including, without limitation, penalties for cancellation and specific limitations on scenic’s liability and that of its affiliates and other third parties
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functioning of various machinery. Energy sources all around the world are crucial for production; a relation can thus be drawn between productivity levels and energy consumption. Renewable energy supply form solar, wind, geothermal, bio energy, hydropower, ocean, hydrogen and fuel Cells as well as green power are vital to our survival as a human race. These sources of energy are important because, they are clean and pose little danger to our environment than energy from fossil fuel. Additionally renewable
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Production and Operations Management Introduction Improving the operations of a company that will enhance productivity and product quality may not only certainly benefit a company’s bottom line, but can also benefit national interests. Marathon Oil, for example, is the United States’ “fifth largest transportation fuel refining company and the largest in the Midwest” (“Corporate Profile”). This Findlay, Ohio based company’s operations “include a six-plant refining network, a comprehensive
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