"Who enforces a breach of director s fiduciary duties" Essays and Research Papers

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    Breach of Contract

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    BREACH OF CONTRACT 1. 2. 3. 4. 5. Default of the debtor (Mora Debitoris) Default of the creditor (Mora Creditoris) Positive malperformance Repudiation Prevention of performance (rendering performance impossible) Default of the debtor (Mora Debitoris) Any obligation under a contract has a time limit for its performance‚ be it an agreed fixed period or in the absence thereof a reasonable period. If the debtor neglects or fails to perform timeously‚ he/she commits breach of contract. Lawyers then

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    Breach of contract

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    seller at the time or observe how much they tried but all they will look for is if there is a breach in the contract and if there is‚ the seller is liable. Section 13 states that the goods must correspond to their sale description. This applies to both private and public transactions. As mentioned before‚ this section has strict liability attached to it; the court will be looking for whether there is a breach in a contract. However‚ the seller will have to prove that they relied on that description

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    Removal of a Director

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    Removal director Summary On July 23‚ 2011‚ Damon Kitney from the Australian news wrote an article titled‚ “The shareholders strike back” which stated how Rupert Murdoch‚ CEO and chairman combined of the News Corporation‚ and his firm’s executives‚ including Mr. Murdoch’s son James‚ are being investigated for any suspected role in covering up the scope of “industrial scale” phone hacking. Murdoch’s negligent affair has raised many criticisms from experts‚ lawyers as well as independent management

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    Data Breach

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    Introduction: Data breach has always been a sensitive topic‚ let alone when the data breach is related to banking. In the mean time‚ there’s a breach was found happened to the online banking system of the competitive bank of First Union Bank‚ and the hacker had stolen quantities of customers’ personal information and data. It has been an alarm for all the banks‚ it reminds the whole society to be alert of the damage caused by the data breach. The Chief Information Officer of the First Union Bank

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    Bezirdjian v. O’Reilly In Bezirdjian v. O’Reilly‚ the plaintiff (Bezirdjian) files a shareholder derivative complaint on behalf of Chevron Corporation citing that current and certain former member of Board of Directors (BOD) breached fiduciary duties‚ grossly managed the corporation‚ were involved in constructive fraud‚ and wasted corporate assets “in connection with illicit payments Chevron allegedly made to Saddam Hussein in exchange for Iraqi oil from 2000 to 2003.” Bezirdjian has a legal

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    Directors Powers

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    Directors The directors of an organization are the persons who are members of its board. Several specific terms categorize directors by the presence or absence of their other relationships to the organization.[6] An inside director is a director who is also an employee‚ officer‚ major shareholder‚ or someone similarly connected to the organization. Inside directors represent the interests of the entity’s stakeholders‚ and often have special knowledge of its inner workings‚ its financial or market

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    Contract Breach

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    their specifications and delivered within a six month period and upon that date they could move in. The focus of this analysis is to bring the contract under scrutiny that existed between Drees and my parents and how the contractor performed their duties. Upon my parent’s retirement‚ they decided to sell their home in the suburbs and purchase a new townhouse that was being built in a development which was formerly a very distressed neighborhood. The attraction was that they would live downtown

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    Athletic Director

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    COMMITMENT to intellectual achievement is embraced. Function of Position Responsible to the University President for the overall administration and management of the university intercollegiate athletics program; and performing other related duties as assigned. Essential Functions Submits recommendations and supporting documentation to the President‚ Athletic Advisory Committee‚ and Tennessee Board of Regents as necessary to make decisions regarding goals‚ academics‚ capital expansion

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    Art Director

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    ART DIRECTOR The art director is in charge of the overall visual appearance and how it communicates visually‚ stimulates moods‚ contrasts features‚ and psychologically appeals to a target audience. The art director makes decisions about visual elements used‚ what artistic style to use‚ and when to use motion. An advertising art director is not necessarily the head of an art department. In modern advertising practice‚ an art director typically works in tandem with a copywriter. The team usually

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    Directors Remuneration

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    GUIDELINES FOR DIRECTORS’ REMUNERATION The board of directors has both executive and non executive directors. Executive directors have both executive and board duties to perform while non executive directors have only board responsibilities. Therefore both types of directors vary in the responsibilities and authority they have in the company affairs. Thus the non executive directors devote very little time to company affairs ( only attend board meetings‚ committee meetings of which they are

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