Corporations and Business Associations Law When companies are suffering from failed business and insolvency‚ the banks as the financiers for them and other creditors may try to get involved into the management and operations of the business in the way of giving advice and providing assistance to the directors of those distressed companies so as to protect their interests as much as possible. But as a result‚ the banks and creditors might be at a risky situation where they could be liable as shadow
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1. Which of the following is not an essential element of a Contract of Sale? a. Consent b. Subject Matter c. Delivery d. Price 2. What is the effect when all the three (3) elements of a valid contract of sale are present but there is a defect or illegality constituting any of such elements? a. Contract is Void. b. Contract is Voidable. c. Contract is Unenforceable d. Contract is Rescissible. 3. It takes place upon the concurrence of the essential elements
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People Operations vs Human Resources Research Paper Alma Wilson Apw70666 MPA 643 HRM Professor J. Tabin Cosio April 23‚ 2014 Introduction: People Operations Due to increased competition‚ budget cuts and streamlined positions‚ today’s work environment demands employees to increase productivity‚ perform multiple duties and no longer values expertise in just one area‚ as it did 30 years ago. In essence‚ employees are hired with less pay‚ and benefits while demanding a much higher
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citing that the claims are barred by the act of state doctrine. Rules of the Law(s) Applied to the Case The law applied in this case was the act of state doctrine‚ which states‚ “local courts may not question the legal effect of a foreign state’s acts fully executed within its own territory” (US Legal‚ 2013). Therefore‚ the court dismissed the action against Metropolitan Museum of Art. Analysis: How the Court Applied the Law The United States Court of Appeals‚ Second Circuit applied the act of state
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LIABILITY OF DIRECTORS A director plays a vital role in a corporate organization. They manage the business‚ design business policies and select the officers. Liability of the directors is a crucial aspect where a director is expected to be honest‚ vigilant and protect the shareholders trust in him. Shareholders own the corporation and elect the board of directors whose approval is required for major corporate actions. Liability comes into picture when directors or officers tend to cause financial
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Caroline Proper Sociology 101 Final Ethnography Paper The Mexican culture is a very distinct culture. Over the break I was fortunate enough to visit Tijuana‚ Mexico and analyze the cultural differences represented at the border. The way that I traveled to Mexico was by walking across the border at the San Diego/Tijuana joint border location. In doing so I was able to actively participate and evaluate the cultural clashes and intensification in this border “society” environment. Before
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Chris Garrido Case studies #4 Business Law- Ralli 22.3 pg 352 A. William ha bailey executed a note payable tp California dream strett B. four years later dreamstreet negotiated the note to cooperative central raiffeisen-boerenleenbank C. cooperative filed a suit against baileyto recover on the note 23.3 pg 368 A. Wilson was the office mangaer of palmer and ray dental supply B. james frank ray would take the checks reciebved from customers and place them on wilsons desk] C. wislon
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Law Enforcement Paper Samuel Rounds CJA/204 Chris Cannon February 14‚ 2011 This Law Enforcement paper will describe some of the historic background of police agencies and their jurisdiction in regard to local‚ state‚ and federal law enforcement‚ all of which fall under the jurisdiction of the Department of Homeland Security. Also covered in this paper‚ is
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Chapter 19: Construction of a contract Representations: statements of facts that are made by one party before or at the time of making a contract to induce an offeree to enter the contract. *Do not form part of the contract‚ not actionable at contract law The parol (oral) evidence rule: Written contracts override oral evidence‚ as court expects all intention to be contracted. Collateral contracts: 44. De Lassalle v Guilford [1901]: P and D entered into lease‚ D assured P drains were in
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Business Law - Exam #2 - Chapters 5-7 True/False Indicate whether the sentence or statement is true or false. _T___ 1. Some torts are crimes. __F__ 2. The victim must actually suffer offensive contact before he or she can succeed in a cause of action for assault. __T__ 3. A battery occurs only if the victim suffers actual physical harm. __T__ 4. Slander involves the oral communication of defamatory language. __T__ 5. Oral defamatory statements must be communicated to a third party
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