DUTIES OF DIRECTORS Directors of a company normally have exclusive power to manage the company’s business and exercise its powers. At common law‚ the duties were owed to the company‚ to employees‚ to individual shareholders and creditors. 1.0 Duties of Directors to the company It is convenient to categorise the duties of directors into fiduciary duties which arise because they are quasi-trustees of the assets of the company. The word ‘fiduciary’ refers to trust and confidence. ‘A fiduciary is
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‘I confirm that the submitted work is my own work and that I have clearly identified and fully acknowledged all material that is entitled to be attributed to others (whether published or unpublished) using the referencing system set out in the programme handbook. I agree that the University may submit my work to mean of checking this‚ such as the plagiarism detection service Turnitin@UK. I confirm that I understand that assessed work that has been shown to have been plagiarised will
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In tort law‚ a duty of care is a legal obligation which is imposed on an individual requiring adherence to a standard of reasonable care while performing any acts that could foreseeably harm others. It is the first element that must be established to proceed with an action in negligence. The claimant must be able to show a duty of care imposed by law which the defendant has breached. In turn‚ breaching a duty may subject an individual to liability. The duty of care may be imposed by operation of
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Duties of a Student by- Md. Abdul Mannan1 The period of life‚ which we spend to receive education in educational institutions‚ is called student life. It is not only the best time of a man’s life but also the seedtime as the success and happiness in our life depend on how we have spent our student life. That is why‚ this life is the life of work‚ of duties and responsibilities if the later part of life is to be a life of achievement and success. But what exactly are the duties of this life? Giving
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5. Director’s Duties Director’s Duties are part of the idea of risk management; because they take risks all the time‚ they require a certain element of regulation. The law must provide a way of mitigating against the risk‚ so creditors and shareholders can have potential recourse. This is all done indirectly; the company will recover in the event of a breach of duty arising. If the company recovers and suffers no harm‚ then that protects shareholders and makes sure their investments are secure.
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DUTY OF CARE Duty of Care The legal definition for the term ‘Duty of Care’ means that person acts towards others and the public with watchfulness‚ attention‚ caution and prudence that a reasonable person in the same circumstances would. If a person’s actions do not meet this standard of care then their acts are considered negligent and any damages resulting may be claimed in a lawsuit for negligence. ‘Duty of Care’ means that whilst we are responsible for another persons wellbeing we must
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issues to be discussed. The first issue is what have Don breached his directors’ duties under the act in good faith and best interest of the company as well as disclosure personal interest. The second issue is possible remedies for Bryan while he has been conducted unfair and oppressive. ISSUE 1: WHAT HAS DON BREACHED? Fiduciary duties to disclose personal interests Directors are under both fiduciary and statutory duties to avoid conflicts between their personal interests and the interests of the company
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Duty of Care. - Risk Assessment for excursion. 80 Students to Sydney entertainment centre‚ Points to consider- - Security - Dressing areas - Outside entertainment area - General Public - Teacher/adult supervision - medical and behaviour plan that are in place in case of an incident - Mobile range/service for emergencies - Full equipped first aid kit Student M -10 year old‚ was demonstrating behaviour in a public toilet that was unacceptable‚ (Jumping on a change table). When this
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Unit 54 – Principles for Implementing Duty of Care in Health‚ Social Care or Children’s and Young People’s Settings. Understand how duty of care contributes to safe practice 1.1 Explain what it means to have a duty of care in own work role. A duty of care is an obligation that any child or young person that is in your care is well looked after and is not harmed in a particular task. Within the setting in which I work I would carry out daily checks to ensure that my setting from the inside and
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College Writing 1 3 December 2‚ 2012 Opening Paragraph One of the most anticipated video games of the year‚ Call of Duty Black Ops II came out with a wave of anticipation and controversy. Questions and mystery surrounded the game as the previous ones failed to live up to lofty expectations. Treyarch‚ the designer of the first Call of Duty Black Ops was already at odds for mediocre product they had previously produced. There will always be players who love the game and those who hate it:
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