Achem Pte Ltd (Achem) was in the business of trading in industrial chemicals. The company was founded by Heng and Tan. Both were directors and shareholders of the company. Other than Heng and Tan‚ the other shareholders include Heng’s and Tan’s relatives and some of these relatives were also employees of Achem. Employee turnover was low and every employee was treated as part of one big family. After several years‚ Tan decided to sell his 55% stake in Achem to Union Pte Ltd (Union) because he
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An oil company must decide whether or not to drill an oil well in a particular area that they already own. The decision maker (DM) believes that the area could be dry ‚ reasonably good or a bonanza. See data in the table which shows the gross revenues for the oil well that is found. Decision Dry (D) Reasonably Bonanza(B) good(G) Drill $0 $85 $200 m Abandon $0 $0 $0 Probability 0.3 0.3 0.4 Drilling
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Council 1989 | * A company is a legal entity separate and distinct from its shareholders and it not an agent of those shareholders * Lord Macnaghten pointed out that in an earlier case: Re Baglan Hall Colliery Co 1870 Giffard LJ had said that it was “the policy of the Companies Act” to enable business people to incorporate their businesses and so avoid incurring further personal liability. | The facts of this case were that the owner of a business sold it to a company he had formed‚ in return
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Complaints on officers come from a variety of people and are normally categorized three different ways to make the investigation simpler: internal‚ external‚ and anonymous. All complaints should be handled professionally to keep the public’s respect and improve the police/community relationship. The procedures of investigation will vary by nature of the complaint‚ general orders of the agency‚ and whomever investigates the complaint (Iannone‚ 2009). Internal complaints are those that initiate
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lawful framework‚ for example‚ common law‚ and criminal law. In the first developments they didn’t separate in the middle of common and criminal law. In any case‚ In the United States today the level of the hugeness of a wrongdoing‚ named crime or an offense. In this creation I will be talking about the contrasts in the middle of criminal and common law and how they vary in results. The measure of wrongdoing contrasts between groups. Shockingly‚ occasionally wrongdoings are not recorded in the insights
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their roll to enforce the laws that exist to provide for public safety and the protection of our individual rights as citizens of the United States. In the 2007 State of New York v. Oliver‚ Isnora‚ and Cooper case‚ it was appropriate to prosecute the five police officers for assault‚ wrongful death‚ various civil rights violations‚ and negligence of duty. When the case first started‚ the police officers disregarded the fourth amendment which states that if a police officer has reasonable suspicion
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INTRODUCTION Article 77 of the Constitution’ provides "77(1) Parliament may‚ by law‚ provide for the office of Ombudsman. (2) The Ombudsman shall exercise such powers and perform such function as Parliament may‚ by law‚ determine‚ including the power to investigate any action taken by a Ministry‚ a public officer or a statutory public authority. (3) The Ombudsman shall prepare an annual report concerning the discharge of his function and such report shall be laid before Parliament." So‚ when
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“Most Companies Acts of the region contain a provision requiring directors have to regard to the “interests of company employees in general”. Seemingly introducing a new stakeholder philosophy into company law‚ the precise import and significance of such a requirement remains a mystery.” Discuss. Introduction Company directors are like the shepherds who always try to convince the sheep that their interests and his are one and the same. Alolf Berle and Gardiner Means in Modern Corporation
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Running head: How becoming a Company Officer has changed me How becoming a Company Officer has changed me and traits that make me a good fire officer Captain John Elder Fire and Emergency Services Abstract This is probably the hardest transition you will ever make in the fire service. Without many good traits it will be even more difficult. You will go from being one of the guys to being their boss‚ and having to coach‚ discipline‚ train them. Everyone under you will look at
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we have seen an increase in women ’s participation in the board of director. Previously‚ we can see around the world‚ every board of director of a single company led by men only. But‚ over the time‚ women are slowly absorbed into the board of director and they play a great role as well as a good impact in the improvement of the company. A new study suggested that‚ putting women on boards of directors is a good way to make companies more profitable and better governed. It is because a woman is more
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