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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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 By then‚ I had taken up almost every soul on Himmel Street. The only one left was Liesel. I felt bad for the little girl‚ she was so innocent. A sweet girl like her did not deserve to have almost everyone she loved taken away from her. I felt so bad that I almost put Rudy back in his body so that they could live a happy life together. I decided against the proposition‚ because the Boss wouldn’t be very pleased with me. * * * A NOTE ON THE BOSS * * * - He does not appreciate being
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Not many people are fans of wars; nobody wins until years after the war begins and countless lives are lost. Fathers and Mothers have to bury their sons when they should be buried by their son or daughter; not the other way around. The consequences of war can be felt and seen all throughout the world today. Many Soldiers‚ families of soldiers and the trained dogs that are there to help the soldiers are coming out of war with PTSD and other mental health issues that can impede their lives. How can
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School bullying may affect students including victims and bullies. It has short and long term consequence that will affect their personality or even their future. Victims Firstly‚ victims who are being bullied may experience many immediate mental or physical health-related consequences. There is a studies show that victims have more psychological stress such as anxiety‚ sadness‚ low-esteem‚ sleep difficulties‚ headaches‚ stomach pain and general tension then their peers who are not being bullied
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The Reasoning and Consequences of Addiction Addiction is defined as a “compulsive psychological need for and use of a habit-forming substance” (merriam-webster.com). It is a debilitating disease that spreads like an infection throughout the life of the addict. Persistent use then consumes every aspect of that life‚ damaging the physical‚ psychological and social well-being of anyone within its grip (merriam-webster.com). Addiction does not discriminate. People from every race‚ age‚ sex‚ religion
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While alcohol and prescription opiates are the most common causes of a Driving While Intoxicated charge‚ the law actually makes it illegal to drive while under the influence of any substance that might impede your ability to operate your vehicle and therefore pose a danger to others. Bretzmann Law Offices‚ DUI and DWI attorneys in High Point‚ NC‚ explain that even Ambien‚ a popular prescription sleep aid‚ can result in criminal charges and steep penalties. Ambien and other powerful medications like
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Driving over the speed limit is easy to do‚ especially on a long stretch of highway. It often becomes a mindless task and the consequences are frequently overlooked. It isn’t until an incident happens where drivers realize the negative impact speeding causes‚ and unfortunately‚ the consequences can be deadly. Keep these points in mind before you speed: The Physics Behind a Speeding Car It’s proven that the faster a car drives the longer the reaction time is for the driver. Scientists at the University
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hypothesis because it is said that not all people can judge precisely and unmistakably what the results of a specific activity might be particularly in the event that it benefits them‚ that they are blinded by the few benefits and ignore the negative consequences. I agreed with Mill’s consequentialism theory and truly appreciated it for the most part‚ so I feel the same for his idea on lying. I feel that people are more fit for judging in the case of coming clean would make hurt another and not do as such
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Consequences of Accidents at Workplace a) Financial Costs ●It also requires spending on repairing the damaged equipment and compensating the effected employee. The employer has to spend on training the new recruit. Some people may even have to work over time to make up for lost time and will require overtime payments. Preparing accident reports and starting the investigation process also adds additional expenses. All these things combine to cause heavy financial loss to the worker. b) Losses
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