structure holding companies usually have control and influence over subsidiaries. Limited liability on the other hand‚ is the logical consequence of the existence of a separate legal entity or generally‚ the concept simply means that since the company is different from the shareholders‚ the members are only liable for the amount unpaid or their shares and not for the debts of the company When limited liability is easily and cheaply available can be explained as removing unnecessary legal bars which
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In contemporary society the Standard variety of English is the most commonly used as it is respected and associated with a higher prestige. Its usage is also advocated by prescriptivists who believe that it is the ‘correct’ and only variety that should be used. Standard English is usually seen in formal settings‚ where its usage is necessary for official and public purposes. However‚ contextual factors play a vital role in determining the most appropriate variety to be used‚ which is supported by
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share the same or smilar job in an ethically acceptable way. Also work becomes a profession when individuals work to support a right ideal and when employees or members of an organization set and follow special standards for carrying on their occupational work. These special standards are morally binding to “professed” members of the profession. If a member freely takes a decision to be part of a profession‚ he or she is voluntarily implying that she will follow these special moral codes. What
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Strict Liability Amanda Self BA265 Business Law II Abstract While shopping at Carl’s Hardware Store he was injured by a nail gun that Dan‚ an employee was using. When he noticed that the nail gun was assembled improperly he decided to sue the manufacture of the product‚ Eagle Tools Inc. Under strict liability‚ the manufacture has a liability to make sure that all the products that they sell are in working and safe conditions. While this product fits the requirements that strict liability covers
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Case 10-27 /Rigging Standards 1) How did Preston Lansing Probably ‘rig’ the standard costs-are the standards set too high or too low? Explain The standards are set too high. When the products are run at a lower cost than the standard‚ then this produces a favorable variance. The cost of goods sold and variance should net to the correct cost though and this is the reason the system creates the variance. Lansing set a loose standard which the standard quantities and standard price are high‚ flowing
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DIK7230 Assignment Two – A. Shuttleworth Professional Issues Assignment. Introduction In this assignment‚ I will review the debate on professionalism. Looking at the teacher as a professional and discussing their professionalism. I will highlight the differences and the similarities between professionalism in education and several other professional vocations. I will discuss the shifting views of professional status of both mainstream teachers and FE teachers‚ and developments and where
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The American people see the United States military as a professional organization. This is due to the care and effort that the varied services put forth towards their respective services. A profession is a job that is performed by professionals who are held to a higher standard that those who just perform jobs in a non-professional capacity. Professionals are those people who devote many years of study and training towards their craft. Today’s American society is a consumer and customer service
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Medical dominance in Australia Within Australia‚ medicine has traditionally dominated every facet of health care delivery (Germov‚ 2002; Willis‚ 1989). The professional status that medicine holds in Australia has been gained by means of its historical and political advantages (Germov‚ 2002; Willis‚ 1989). Willis’s (1989) seminal work on medical dominance provides an extensive review of medical relationships and the power that medicine yields. Historically‚ in Australia‚ medicine gained its
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Reflection of the Professional Issue in Nursing As a nurse‚ I make judgement that would affect patient’s health every day‚ I am aware that I have a great duty to ensure my patient’s safety to maintain the public trust (Chitty & Black‚ 2011). After learning this module‚ it helped me acquire adequate knowledge to better manage legal and ethical issues at work. For the sake of providing a high quality of care to my patients‚ I must be knowledgeable in both (Croke‚ 2003). Nowadays‚ the public
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