parent company‚ it received a very warm response and the parent company agreed to provide the necessary financial support to make the acquisition happen. During the negotiation process issues arose surrounding management structure‚ Value and due diligence. While you had concerns there was nothing tangible that you could point to. While your concerns were noted by the board and minutes‚ parent company and other board members were keen to proceed with the acquisition. A deal was concluded with adequate
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the unfortunate King Oedipus‚ who was condemned by the oracle at an early age to murder his father and marry his mother. Despite the oracle’s grim prediction‚ Oedipus was responsible for his own downfall due to his overly proud and impetuous attitude‚ and his own intellect and diligence. In the polis of Thebes‚ Oedipus was the not only the king but he was also the hero of the community. The security and health of the community depended on him and he was expected to meet every urgent crisis
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Rules would like Corliss to conduct a background check to assess the potential risk of obtaining Jost as a client. The contract could prove to be quite lucrative for the firm as the company will need advice on international expansion. Since the bid is due to close fairly quickly she gives Corliss three days to report back to her. Corliss assembles his team which includes Lanny Beaudean who worked for the IRS for two years before joining the firm. Beaudean hopes to gain international experience with
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if not fulfilled when it becomes due and demandable‚ may be enforced in court through action; based on law; the sanction is judicial due process 2. NATURAL OBLIGATION – defined in Article 1423; a special kind of obligation which cannot be enforced in court but which authorizes the retention of the voluntary payment or performance made by the debtor; based on equity and natural law. (i.e. when there is prescription of duty to pay‚ still‚ the obligor paid his dues to the obligee – the obligor cannot
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Asfar and Co v Blundell (1896) 1 QB 123 Court of Appeal (Lord Esher MR‚ Lopes and Kay LJJ) Dates no longer merchantable as dates Facts A vessel‚ on board which dates had been shipped‚ was sunk during the course of the voyage‚ and subsequently raised. On arrival at the port of discharge it was found that‚ although the dates still retained the appearance of dates‚ and although they were of some value for the purpose of distillation into spirit‚ they were so impregnated with sewage and in such a
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Chapter 3 Review 1. What is the difference between law and ethics? The difference between law and ethics is that law is a set of rules and regulations that are universal and should be accepted and followed by society and organizations. Ethics on the other hand was derived from the latin word mores and Greek word Ethos means the beliefs and customs that help shape the character of individuals and how people interact with one another 2. What is civil law‚ and what does it accomplish? A wide variety
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director‚ duties of care‚ skill and diligence and fiduciary duties. In this case does not show both Encik Zayed and Puan Hashimah take an effort to know his right and obligations in the company it’s been prove by statement they are not very familiar with the company act. Encik Zayed shows his duty care by delegate his power and trust to cik Amy a new finance executive to perform a work related to company financial. Other duties that on duties of care‚ skill and diligence are duty of skill which is directors
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and Compliances (Module-II) Advanced Tax Laws and Practice (Module-III) Due Diligence and Corporate Compliance Management (Module-IV) Company Accounts and Auditing Practices (Module-II) Capital Markets and Securities Laws (Module-II) NO EXAMINATION and and and Strategic Management‚ Alliances and International Trade (Module-III) Secretarial Audit‚ Compliance Management and Due Diligence (Module – I) Company Law (Module-I) Information Technology System Audit
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general partnership‚ limited partnership‚ limited liability company‚ or a corporation. The specifics of the deal are set out in writing in a term sheet‚ and usually include standard sections and components. The “Representations‚ Warrants‚ and Due Diligence” section makes sure that all information provided is accurate‚ and allows for the investors to
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an active asymmetric threat environment. An individual‚ business or organization must adapt and protect its vital information assets and critical digital infrastructure. Failure to do so is reckless and may be considered as an obvious lack of due diligence for people who have fiduciary and custodial responsibilities. Any event that causes damage to information resources‚ whether it is a computer virus‚ natural disaster or system failure could be devastating to an individual (i.e. identity theft)
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