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Question 1
Briefly explain:
(i) Describe Business ethics.
(ii) Illustrate caveat emptor.
(iii) Define corporate governance.
(iv) What is whistle blowing?
(v) Describe globalization.
(vi) Define fiduciary responsibility.
Question 2
a) Assess factors that contribute to the global competitiveness of firms.
b) Explain briefly norms and rules that could eliminate abusive behaviour of multinational and transnational corporations within the global society.
Scheme at meeting - reconstructions: Following approval of the scheme at meeting(s) application is made to the court for an order to approve and implement the scheme. At this
1. Tort reform refers to proposed changes in the civil system that would reduce tort litigation or damages. Proposals include, among other things,putting a cap on the amount a plai
The phrase called information overload may be a bit of a problem because it used so often, but the fact remain that managers & support staff are merged in information of all kinds.
Realization of Auditors: it is a mere truism to say that the value of loans and securities depends on their realization. We were told that a statement to that effect, is so u
Differences between Liquidators and receivers: There are also significant differences: (a)a liquidator has numerous statutory powers. A receiver must rely on the powers given
Explain the term - Legislature - Legislature Trade off These interactions can be found in the literature of public choice and political science, and concerns to the coalition f
In 2004 the Corporations and Markets Advisory Committee proposed that assets and liabilities of companies be aggregated and creditors paid from a common pool which is commonly refe
Acceptance - Law of Contract Conversely an offer made to the general public can be established through anybody who fulfil that performs then the conditions stated therein.
Fiduciary Duties: The fiduciary duties of directors arising from their fiduciary relation to the company have been the subject of consideration in an enormous body of case law
Judicial Control: Conversely the courts can declare any law made as subsidiary legislation to be invalid or unacceptable under the ultra vires doctrine. Thus the law may be de
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