CONSEQUENCES OF INCORPORATION 1. What is meant by separate legal entity & the corporate veil? 2. When will the corporate veil be lifted (ie. shareholders held to BE the corporation)? a. Fraud b. Agency c. Groups d. Tort How does a comp become separate legal entity? • Comp become SLE on date of certificate of registration and approval with ASIC: s119 CA • Effect: become SLE or “legal person” with legal capacity/powers of corporation: s124 Corporate Veil & Separate
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amount of pleasure‚ how great the pleasure is‚ and more things that are along the lines often pleasure the consequences of an action has as an outcome. Despite the action or decision there will always be some sort of consequence. When I usually think of consequences the first thing I think of is a bad outcome that has been caused by my actions. I believe the reason I associate the word consequence with a negative thing is because I always heard people say that if you do that there will be
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life is all about choices. With every decision made‚ comes a consequence. Consequences are not always a negative or a positive. But‚ greater choices lead to greater consequences. Once the choice is made‚ it cannot be altered. There are many reasons why people make decisions. They can act in a matter of love‚ or their hatred for someone can drive them to act in a way they never would have before. People also do not realize the consequences their choices can lead to. In Romeo & Juliet‚ and its modern
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value our native land and everything related to it i.e. our motherland. Its this emotion that brings unity among nations which is a positive consequence. Though there are few negative consequences of Nationalism as well. There are many positive consequences of Nationalism besides unity that is being united as a nation. In a nation there are various groups of people belonging to different spheres and circles of life having different cultures and traditions‚ despite this there is unity because everyone
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Most people regard industrialization as a positive development capable of generating great wealth and revitalizing run-down areas. Mention industrialization today‚ and it brings to mind large factories organized with the latest technologies in mass producing. Along with these visions comes the promise of more jobs for the community‚ higher rates of pay‚ and financial stability. One can only think of the positive influences on a community that the opening of a new factory could bring‚ but during what
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Inflation Consequences Author: Geoff Riley Last updated: Sunday 23 September‚ 2012 Analysing the Consequences of Inflation High and volatile inflation has economic and social costs. Anticipated inflation: When people are able to make accurate predictions of inflation‚ they can take steps to protect themselves from its effects. Trade unions might use their bargaining power to negotiate for increases in money wages to protect the real wages of union members. Households may switch savings into
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The theory behind Reaganomics was sound‚ but when applied in real life its consequences are still present more than ten years after the fact. The tax cuts applied early in Reagan’s first term cemented the ideology for what the next eight years of his reign would uphold. The Economic Recovery Tax Act would cut taxes roughly twenty five percent over a three-year period. The ideology of Reagan’s administration quickly received supporters of what he was doing. Entailed in these tax cuts were reductions
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bullying. Aim My aim with this essay is to increase awareness of bullying. I want others to understand more about what bullying really is and what it can do to people. I also want to make me myself understand more about bullying‚ to understand its consequences‚ what it can do to people and how to prevent it from starting in the beginning. In the later years I will hopefully get children myself‚ and as a parent you want your child to grow up in a safe society‚ where you don’t have to worry about how
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unacceptable in order to complete and pass any given assignment by the professors‚ or schools standards. The different methods of cheating have changed and evolved over the past years‚ and like any other unethical decision has continued to result in consequences that could possibly affect students for the rest of their lives. I remember my classmates in elementary school cheating on tests and getting caught most of the time. Many of my classmates in high school got after school detention for cheating
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Consequences of GMOs In past years‚ genetically modified organisms also known as GMOs have replaced our diets with genetically altered foods‚ which have adversely affected the health of humans and local communities. GMOs are organisms that have been created through the gene-splicing techniques of biotechnology (also called
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