Legal entities Essays

  • Industrial Court History

    1068 Words  | 5 Pages

    The Industrial Court is a non-departmental tribunal from the public body with legal powers. It was initially established in 1919 to provide settlement for industrial disputes and it still provide voluntary arbitration role. It also has a constitutional power about taking decisions between trade unions and employers or the management. The Industrial court is also known as the labour court. According to the Industrial Court Act in Mauritius the Industrial court is established by section 3 of the Industrial

  • Entity Principle Case Study

    1423 Words  | 6 Pages

    The Separate Entity Principle is a fundamental principle of Company Law applied on a global basis. Pursuant to this principle, a company is treated as a distinct entity from its members. The separate entity rule pervades company law and has had wide reaching implications on theoretical and practical company law. This essay is divided into two main parts. In the first part, we will discuss the concept of Separate Entity Principle, and evaluate the decision in Salomon case. In the second part we will

  • Salmon Vs Salomon Case Summary

    1365 Words  | 6 Pages

    Introduction: Salomon v A Salomon Co. Ltd is a historical UK Company Law case which led to the establishment of The doctrine of separate legal entity (Macintyre 2012). This case is often cited in journals and textbooks and the principles are often observed in English Law Firms (Karasz 2012). The case describes the limited company that was founded by Mr. Aron Salomon, a leather shoemaker at London, Whitechapel road. The company had seven members formed by Salomon with major shares and his family

  • Alter Ego Identification Theory

    2094 Words  | 9 Pages

    company is different and separate from the agents, directors or owners of the company. This is a generally known principle in law and has its source in one of the well-known case of Salomon v. Salomon . In this case, the Court held that the corporate entity is different from the people who are in the business of running of the company. The breach of this principle results to “Lifting of the Corporate Veil” where the shareholders or creditors of the company are protected if the company is engaged in any

  • Social Responsibility Definition

    1098 Words  | 5 Pages

    social responsibility. Find an example of a company action that was legal but not socially responsible. Defend your example on the basis of your definition. Social responsibility: This is an ethical framework or a duty that an entity, be it an Organization or an individual, has that’s an obligation for them to behave ethically and with sensitivity toward social, cultural, economic and environmental issues, this ensures that the entity has a positive impact on the society. Example: McDonald's, a food

  • Dagote Cement Case Study

    1561 Words  | 7 Pages

    1.3 Implication of Dangote Cement’s Strategic Intent Dangote’s current strategic intent is focused towards ensuring that the company continues to expand its product line and improving its production efficiency in order to maintain its lead in the cement marketplace. The continuous production of cement will increase the rate of infrastructural development in Nigeria and will definitely improve the performance of the company (Tarabieh & Al-alak 2011). The acquisition of smaller cement plants will definitely

  • Going Private Transaction Case Study

    1097 Words  | 5 Pages

    my part plagiarism check 1.passed grammarly plagiarism checker Privatization, often referred to as a GPT “Going Private Transaction”, can generally refer to a transaction or a series of transactions to change the ownership of a company from public to private. Thus, the previous public traded company becomes privately owned afterwards. It is the reverse process of the often better-known company’s going public. Going private sometimes is also referred to as delisting. Because if the company itself

  • Business Analysis: Mergers And Acquisitions

    1139 Words  | 5 Pages

    A big part of the problem is that of all the myriad complex decisions that senior executives make before and during a merger, one is mandatory and critical but often given short shrift: the branding of the new corporate entity. That can be a huge blunder. With no solid brand platform to work from, company integration will often be mismanaged, and communications to key constituencies will necessarily suffer. In the worst of situations, the relationship between the two organizations

  • Zoning Laws

    1313 Words  | 6 Pages

    its jurisdiction. Summary Starting a coffee house or any other business requires extensive research, preparation, startup capital, business skills and patience. In order to have success, it is crucial to ensure that the business fulfills all the legal requirements and regulatory considerations in all its phases of

  • Vicarious Liability Definition

    814 Words  | 4 Pages

    Vicarious liability As a general rule vicarious liability only arises out of the employer/employee relationship, although it can be found in the principal/agent relationship and as an exceptional case in the employer/independent contractor relationship. Vicarious liability is not a tort, it is a concept which is used to impose strict liability on a person who does not have primary liability, i.e. is not at fault. Literally, it means that one person is liable for the torts of another.. This is liability

  • Vicarious Liability In Criminal Law

    772 Words  | 4 Pages

    The liability of corporations under federal criminal law is based on the doctrine of respondeat superior, or vicarious liability, which is a form of strict liability. 1. The Duality of Corporate and Individual Criminal Liability Statutes that expose a corporation to criminal liability do not absolve the officers, employees, or agents whose violations lead to the corporation’s plight. Courts have noted that, “No intent to exculpate a corporate officer who violates the law is to be imputed to Congress

  • Challenges Of Corporate Administration

    1504 Words  | 7 Pages

    An organisation once created, gets a different lawful personality and gets the capacity to sue and to be sued. In any case, it is to be noticed that an organisation can't follow up on its own and depends on its agents to have the capacity to work as a lawful identity. Corporate administration is frequently seen as both the structure and the connections which decide corporate bearing and execution. At the end of the day it is an arrangement of tenets and practice by which an organisation is coordinated

  • Disadvantages Of Guerrilla Marketing

    957 Words  | 4 Pages

    Buzz Marketing: It is a kind of guerrilla marketing that once the brand message is delivered then the recipients tends to share that message on their free will or as a favor and without changing any fee for it. Guerilla Marketing by Big Companies Many people argue that guerrilla marketing is also done by the big business, but some experts says that when they use unconventional methods to promote their brand this is not guerrilla marketing, as they have huge advertising budgets to cater the activities

  • Ethical Responsibilities Of Consulting Engineers

    1693 Words  | 7 Pages

    CONSULTING ENGINEERS The consulting engineers work in private. There is no salary from the employers. But they charge fees from the sponsor and they have more freedom to decide on their projects. Still they have no absolute freedom, because they need to earn for their living. The consulting engineers have ethical responsibilities different from the salaried engineers, as follows: 1. Advertising The consulting engineers are directly responsible for advertising their services, even if they employ

  • Essay On Piercing The Corporate Veil

    1001 Words  | 5 Pages

    veil is pierced, this protection seizes and the business directors and, or shareholders are legally responsible for company liabilities. ‘Piercing the corporate Veil’ is therefore the legal removal of what separates the shareholders from the corporation itself. The Corporate Veil can also be referred to as a legal standing through which corporate owners are protected from the debts and liabilities of a company. Why pierce the corporate veil? Goods and services may have been supplied to a particular

  • Comparison Of Corporation And Karl Marx

    751 Words  | 4 Pages

    Introduction Corporation is a single unit that is dispersed from its shareholders and it involves a legal individual with their own right. Corporation and Karl Marx link together as corporation illustrates the influence between human beings and the society we living in, meanwhile Marx’s identified his ideology through alienation, labour, revolution and economy which are core features. In this following assignment corporation and Karl Marx ideology will be discussed through comparison, using the

  • Uphaar Theatre Tragedy Essay

    830 Words  | 4 Pages

    Glanville Williams, the Welsh legal scholar once said “A company can only act through human beings and a human being who commits an offence on account of or for the benefit of a company will be responsible for that offence himself. The importance of incorporation is that it makes the company itself liable in certain circumstances, as well as the human beings”. The artificial nature of a company implies that the decisions of a company or any action taken by the company are taken for it by natural

  • Competition Law And IPR

    2192 Words  | 9 Pages

    in context of the Competition Act, 2002. The two articles bring out the traditional view that Intellectual Property Rights and Competition law are at odds with each other since the former designates boundaries within which competitors may exercise legal exclusivity (monopolies) over their innovation; therefore in principle, creating market power. IPRs are, therefore, at first sight, seen at variance

  • Foreign Trade In Nigeria Essay

    1382 Words  | 6 Pages

    INTRODUCTION Sovereignty is an essential ingredient for a nation or a state any unit of a multinational company when operating in the territory of a sovereign state is also responsible for a flow of commands from outside including commands from parent company and commands of other sovereigns. Multinational companies are not accountable to any public authority. The home government of an MNC can interfere in the affairs of the host government by screwing nuts and bolts of the parents company. It

  • Apple Company's Practices: Motivation Factor Model

    834 Words  | 4 Pages

    2.1 Analysis of company’s practices MOTIVATION FACTOR MODEL Motivation can be described as the force “that gives impetus to our behavior by arousing, sustaining, and directing it toward the attainment of goals”. The inference which can be drawn from the model is that motivation depends on various external, individual and organizational factors. Moreover, the model makes clear that both incentives and threat are only part of the whole process. For example, Apple, which is considered the most innovation