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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A. Introduction The divorce rate continues to increase from year to year. While many studies are conducted on the reasons for divorce‚ fewer focus on the consequences that occur after. Although each case comes with its own set of circumstances‚ I am going to focus on two articles that look at some of the consequences that occur after a divorce. The first will focus on the adult children of divorced couples while the second takes an in depth look at how African American women fair following
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patients led Ariely‚ a behavioral economist‚ to write Predictably Irrational: The Hidden Forces That Shape Our Decisions. The author performs a series of social experiments and discusses how little control we have over the choices we make on a daily basis. Human beings make decisions based on many factors‚
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Addiction is a brain disease that is a compulsive engagement in a rewarding stimuli‚ despite adverse consequences. There are many stages that lead addiction such as the pleasure principle‚ development of tolerance‚ and compulsion (Rodgers‚ 1994). The brains pleasure principles registers all pleasures the same way‚ from psychoactive drug‚ a monetary reward‚ a sexual encounter‚ or a satisfying meal. In the brain‚ pleasure releases a neurotransmitter called dopamine. Dopamine is released into the nucleus
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The fourth concept is control. We become more dependent on the very things that McDonaldization creates because we are in less control while computers are in more control. The companies control the wages they pay to each of their employees. There is a huge wage gap among males and females. Currently‚ the pay for women is approximately 79% less than what men are paid for performing the same job or holding the same position. The gap is even worse for women of color. Since the 1970’s‚ the vast
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numbers of homeless youth are hard to determine because the lack of standard methods and the mobility of the homeless population. The amount of homeless youth is staggering and heartbreaking. There are many factors that lead to homelessness‚ and many consequences
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The Consequences of War War is portrayed in many ways. It can be portrayed in different types of media such as movies‚ film‚ books‚ and art. For example‚ Dao‚ James article "The Dogs of War‚ Suffering Like Soldiers”. It talks about how dogs that participate in war suffer just as much as the soldiers do. Another example is the picture “Consequences of War” by Peter Paul Rubens which shows violence and anger. The final example I will be discussing is the photographs by James Nachtwey which show the
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Driving under the influence is most commonly known as “drunk driving”. Drunk driving is an issue that The United States of America’s law enforcement and society have to deal with on a daily basis. Witch in Therefore; society awareness of the consequences of driving under the influence is extremely vital but underestimated by many individuals. The legal limit of alcohol by law is .08‚ which is examined by a Breathalyzer test or blood test. A recent study done by the Organization DUI Driving Laws
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The Consequences of Tourism on the Coromandel Peninsula Report to UNESCO by mary o 8 March 2012 Tourism on the Coromandel impacts people by creating a better economy and more jobs. Kevin Blakeford‚ editor/publisher of the NZ Travel Memo stated the “Coromandel tourism industry has an estimated annual worth of $360million and is growing at 5% per annum”1. The money being brought in by tourism is creating more jobs‚ which benefits the community. The downside is that it creates
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RUNNING HEAD: Conformity or Consequences Conformity or Consequences After reading the story about a fifteen year old‚ Caucasian girl named Sarah‚ we find out that she is a sophomore in high school and lives in an affluent part of town with her parents. Sarah‚ like most teens that still live at home with parents have a certain time to be in the house every night. This is called a curfew. Most teens Sarah’s age despise any kind of rules their parents set forth‚ especially a curfew
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