demographic groups‚ however‚ they all share a connection in regards to their feelings towards their treatment by the country’s political system. The fact that congressional elections encounter some of the lowest voter turnout rates speaks to the misrepresentation and corruption present in the current political system‚ fueling the cycle of repetitive non-voter interest in political elections. Certain voter demographic groups have been systematically oppressed‚ making it difficult for them to believe that
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MGMT3046 Company Law: Course Wrap Up November 2012 We have come to the end of formal instruction in Company Law‚ so it is useful at this point to review the main learnings from the course. This will be somewhat long! Unit1 Salomon v Salomon and the corporate veil. This is a foundational case in company law which enunciated the principle of the separateness of company and its members (shareholders and officers). The principle makes it quite clear that the separation of the company from its members
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opening demand that is far greater than you hope to settle? (traditional competitive bargaining) …to threaten to go on strike/walk when you don’t plan to do so? (bluffing) …distort information? (misrepresentation) …convey impression that you have no authority to make decisions when you actually do? (misrepresentation) …only disclose information that supports your side? (selective disclosure) …to lie? 10 (falsification) Is it legal? No general duty of “good faith” in negotiation “In a business transaction
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contract on the basis of: o Misrepresentation by the estate agent representing the vendors. o Discovery of potential medium-density development of neighbouring property. • First defendant also seeking claim against former solicitor alleging a failure to advise on zoning matters • First defendant ISSUES • Whether the vendor actually authorised the selling agent to make false representation. • Whether misrepresentation caused the first defendant to enter
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legitimate research because of concern over from backlash from the organizations’ investment bankers. Additionally‚ the internal pressure from the investment sections to accomplish this misrepresentation was met the reward of bonuses and stock options for the research analysts. The end game in this misrepresentation was to ensure Citigroup‚ Inc. would have a better bottom line. Numerous examples illustrate the organizations viewpoint of increased profits were more important than a commitment to fair
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------------------------------------------------- Question 1 1. ------------------------------------------------- ------------------------------------------------- An oral agreement to hire a person for two years is not enforceable. ------------------------------------------------- Answer True False 2 points ------------------------------------------------- Question 2 1. ------------------------------------------------- -------------------------------------------------
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items. He also testified that Scrushy received millions of dollars in bonuses for meeting financial targets in Healthsouth’s business plan. Bavis was able to prove beyond a reasonable doubt that Scrushy met these lofty quotas only because of the fraudulent numbers
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underhand means such as bribing‚ coercion. The use of corruption to make various day to day activities easy for the company which involves spending investor money illegally is a very commonly seen mechanism. On a daily basis news relating to such fraudulent activities is noticed. The main sources through which such frauds are committed are Management Overriding Controls and Tampering with Financial Statements. Some scams such as Enron of USA and Satyam scam of India have come in the picture and shattered
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Question 1 : Is there anything unique about L&H that made the company prone to engage in fraudulent accounting practices? The unique characteristics in L&H that made it prone to engage in fraudulent accounting practices were the rapid expansion and acquisition of companies beyond their boundaries‚ and the inability to oversee these operations. Another important factor that stands out is the lack of ethical values portrayed by the founders of L&H. The top management did not set code of ethics‚ but
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with someone of diminished capacity or for illegal purposes‚ a contract can be unenforceable. Some other examples of potential defenses to enforcement of a contract are mutual or unilateral mistake‚ duress or undue influence‚ unconscionability‚ misrepresentation or fraud‚ impossibility or impracticability‚ and frustration of purpose. Mutual or Unilateral Mistake There are two types of mistakes in contract law: mutual mistake and unilateral mistake. When there is mutual mistake‚ both parties have made
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