Private Law Accepted Paper Series FROM FREEDOM OF CONTRACT TO FORCING PARTIES TO AGREEMENT R.J.P. Kottenhagen• Published in From Freedom of Contract to Forcing Parties to Agreement. On the Consequences of Breaking Off Negotiations in different Legal Systems‚ 12 Ius Gentium‚ Journal of the University of Baltimore Center for International and Comparative Law 2006‚ 61 – 95 • Associate Professor of Law Erasmus University Rotterdam . 1 FROM FREEDOM OF CONTRACT TO FORCING PARTIES TO AGREEMENT Address
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The Difference Between External Auditing and Internal Auditing Jessica LeGrand Auditing – ACCT 420 Mrs. Hayes October 30th‚ 2012 Auditing was primarily as a method to maintain governmental accountancy and for record-keeping. It wasn’t until the 1800s during the Industrial Revolution that auditing expanded into a fraud detection and financial accountability field. Now audits are performed to manage and confirm the correctness of a company ’s accounting procedures. Auditing evolved into
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or competitive situation.” The Aftermath Affects On December 2‚ 2001‚ Enron filled for bankruptcy under chapter 11 of the US banking code. This sudden collapse of one of Fortune 500 largest companies shocked the world. Once the world’s largest energy company‚ Enron’s scandal became the largest bankruptcy recognition and was attributed as the biggest audit failure in American history. The impact of this downfall was felt within the company and throughout the business world. As Enron’s stock
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Julian S. BSCS-CS I-1 What Would You Do No.4 You are the CFO of a sporting goods manufacturer and distributor. Your firm has annual sales exceeding $500 million‚ with roughly 25 percent of your sales coming from online purchases. Today your firm’s Web site was not operational for about an hour. The IT group informed you that the site was the target of a distributed denial-of-service attack. You are shocked by an anonymous call later in the day in which a man tells you that your site will be attacked
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Adonist@gmx.de‚ quigonjinn@hotmail.de was a very model of conglomerate(jujie). In the eyes of the outside‚ it was a successful company. But it’s not true. It’s far from other companies in its complex structure. Adsteam group comprised numerous less-than-majority-owned companies. It acquired major share-holdings in numerous companies throughout the 1980’s. The acquisition strategy resulted in an extremely complicated cross-shareholding-based structure. It was noting that the maximum amount of shareholdings
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What are the factors that determine whether or not a print design can be classified as "good design?" “Typographers often say that typography should be invisible and shou ld not be noticed by the reader” (Berger 111). One of the determining factors of whether a print design can be classified as good design is the typeface‚ since each design has a “distinctive personality” (Berger 104). The typeface must be in harmony with any drawing or photos being used in the visual field. For example
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Enron 1. How did the corporate culture of Enron contribute to its bankruptcy? There was an overwhelming aura of pride‚ carrying with it the deep-seated belief that Enron¡¦s people could handle increasing risk without danger. The culture also was about a focus on how much money could be made for executives. For‚ example Enron¡¦s compensation plans seemed less concerned with generating profits for shareholders than with enriching officer wealth. Enron¡¦s corporate
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If I inherited RM1 million from a distant relative‚ then my life would take a dramatic turn from what it is now. I would adopt the lifestyle of the rich and famous. There are lots of things I would do with the money. Firstly‚ before I use the money at all‚ I would give away ten percent to charity. Ten percent of RM1 million works out to RM100‚000. This is a lot of money to give away. It does not mean that I am a generous or saintly person. It simply means that when we get good luck‚ we must thank
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A man is not defined by his muscles‚ his facial hair‚ what he wears‚ what he drives‚ or by how much money he makes. The common assumption a lot of guys have is that being male automatically makes them men. Don’t get me wrong a person must be male to be a man‚ but it is not the sole qualification for becoming a good man. A real man is one who takes care of life’s responsibilities. Such responsibilities may include obligations to family‚ friends‚ career‚ and community. A real man is a role model and
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The Illusion That Took the World by Surprise Enron: The Smartest Guys In the Room is a movie about Enron and how it fooled the world into believing it was one of the most stable and profitable companies in the U.S. This is very sad because many people believed in the figures Enron was producing and entrusted their life saving in Enron stock. The scandal didn’t just affect a small group of people but 10’s of thousands of people lost everything‚ due to an illusion. Kenneth Lay earning a Ph
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