Due Diligence The following report answers two questions to get a better understanding of the term due diligence. It will describe where the term due diligence came from and from what case. The report also examines an industrial fatality in Alberta and tries to identify what happened and makes recommendations on due diligence for the case study. Where did the term “due diligence” come from, what case? “In the late 1970s, the due diligence defense was made available to a new category of regulatory offences, known as strict liability offences, by the Supreme Court of Canada (the “SCC”) in R v. Sault Ste. Marie, [1978] 2 S.C.R. 1299; 5 D.L.R. (3d) 161 (“Sault Ste. Marie”). Strict liability offences, and the due diligence defense, were provided…
seen men who exhibited a great wealth of wisdom, but there has not been a person wiser than Solomon. Throughout the books of Proverbs and Ecclesiastes, Solomon shares much about the benefits of being diligent and the detriment of being lazy or as described in the King James Version of the bible, a sluggard. A person who acts with diligence is one who puts forth “constant and earnest effort to accomplish what is undertaken; and is persistent in exertion of body and mind.” (Dictionary.com).The…
no distinction between categories of successes. All we hear and read is that people are successful because they have businesses/career that are flourishing, even when they may have cut corners to get there, or people are wealthy hence they are successful, because they have so much money that they cannot spend in their lifetime. However, the scripture is saying there are various kinds of success. This scripture gives us the first principle of Godly and good success. This is observing God’s law…
understand is that success is relative to each individual. The success He intends for me to have is not the exact same success that He intends for someone else to have. For example, if everyone in a particular department of a company is saved, it is obvious that all of them cannot be the boss. There can only one manager of a department. So, one is favored with that, while the rest are the subordinates. With that in mind, the reason many do not excel to certain levels is not because they are…
is required for any PIPE deal. Newly issued shares are also sold at a predetermined price or debt which can be converted later on in to shares to an investor. 5. The PIPE process is simple, enjoys speedy Due Diligence as the company is already listed in the Stock Exchange and that saves time and becomes more economical. 6. PIPE claims superiority over the secondary offerings it does not have to issue any fresh public issue…
Indian culture, a series of preclusions from failing, stumbling, and falling short, prevents anyone from evading its rigid guidelines and deviating from the societal norm. It enforces strict punishments for those who do not hold the values of diligence, patience and impartiality, and shuns those who do not perform above standards on their first attempt at a task. Just as the Indian culture values dedication, forbearance and neutrality and devalues recklessness and overambition, Vice President…
Art is a subjective matter. As I learned in AP Art History, what might be ugly to one person is beautiful to another. Art is also an easy skill to pick up. Anyone who is able to write is also able to draw and paint. It is a matter of diligence, motivation and passion for art that differentiates the average Joe from the next Michelangelo. As a young girl, I was inspired by the cartoons I watched. I drew in my own style regardless if my creations were vaguely anthropomorphic. Praise from my…
aforementioned books one will come across many references of diligence and laziness. Primarily focusing on Proverbs and Ecclesiastes, I have found that the Wisdom Books have a strong opinion on the gaping dichotomy between diligence and laziness. The importance…
your mind is doing (and not falling asleep or being aware of what you’re thinking). In following the precepts, it keeps you from violating them, without veering on the side of self-mortification. In terms of practice, it also refers persistence and maintaining a steady pace. Lastly, essentially, according to Buddhist teachings, the ethical and moral principles are governed by examining whether a certain action, whether connected to body or speech is likely to be harmful to one's self or to…
As we know, directors are appointed by shareholders to manage a business. According to the law, directors have general power of management and members cannot override the decisions of the board. Directors have great power to control business activities. The law designs a series of directors’ duties to make sure the directors manage the company responsibly basic on interests of the company. However, whether those duties are effective in legal practice is a debate. In my opinion, the duty to act…