Q1. Is compliance enough? Legislations are made so that companies follow rules and policies in fear of harsh punishments of non-compliance. In the case of Deepwater Horizon, the chain of command consisted of a VP of drilling and operations who was barely 3 months into his job. Companies should follow legislations not for the sake of compliance but also to make sure that they create an environment of solidarity and an command chain that consists of experienced personnel who have the foresight to…
PCH PLC was recognized as a well-established IT company when it was listed in the CSE in 2010 but suddenly after two years from listing, the whole company was collapsed due to failures/frauds occurred within the company. The focus of this section is to discuss about the corporate governance failures/weaknesses of PCH PLC which affected to arise such failures/frauds within PCH PLC. Throughout this discussion it is expected evaluate the board structure & board balance, Chairman’s role as the CEO,…
Issue The issue is what, if any, legal rights Will has against Grace for exceeding the spending limit, and whether she is going to have to pay the $30,000 for the imported marble. In addition, whether he has any legal rights against Grace for using Flip Master’s client list to find potential customers. The other issue is what if any, legal rights Will has against Jack for accepting bribes from potential buyers to ensure that their offer is accepted by Flip masters. Law A joint venture can be…
Citizenfour is a documentary released on October 14, 2014 that bases on NSA security intelligence and a whistle blower , Edward Snowden. the film is directed by Laura Poitra and shot by Glen Greenwald which is shot in hong kong . Snowden communicated Greenwald through a encrypted message under the fictitious name of citizenfour. Snowden main purpose was to reveal how the United Kingdom of great britain and northern ireland and the United States of America governments were eavesdropping or…
GOLDMAN SACHS DEAL WITH PAULSON & CO The Issue: Goldman allegedly failed to disclose to investors that it was betting against subprime mortgage investments it pushed on clients. Essentially, according to the complaint, Goldman pushed a product designed to fail. Introduction: The Goldman Sachs Group, Inc. is an American multinational investment banking firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional…
Grocery, Inc. should win the breach of contract suit against Company A. The renovation contract covers the quality of workmanship that Grocery, Inc. agreed to when hiring Company A. The subcontractor B used by A did not meet the criteria of the contract. Additionally, Company A unilaterally decided that to finish the job was impossible. In actuality, Company A overscheduled construction jobs during a six-month time period which was a preventable situation that is the fault of Company A…
I have to say that I secretly love the "Cadillac Tax" backed by the current Obama regime. In fact I think all conservatives should feel the same way. Why? Because it is one of the best examples of how bad this health care idea really is. Think about it, how often do you see the big labor unions and the rich and the middle class all upset about something? When that happens you know it has to be a bad deal. Of course the scary thing is that it is also one of the best examples of how this current…
Changes to the audit reporting model require auditors to provide additional information to investors…
Introduction You asked me to conduct an objective assessment of the merits of Lakeside Logs case, and to determine whether it is likely that the court will dismiss Lakeside Logs case because it may be bared under the Limitations Act (see Act). Facts On September 8, 2013, Alice Logo, the owner of Lakeside Logs, entered into contract with Historic Renovators for the purpose of renovating Lakeside Logs cabins. Historic Renovators completed work on November 20, 2013. Upon the examination of cabins…
the things of which they are they crafts. (342d). Furthermore, no one in any position of rule, as long as they are a ruler, seeks or orders what is advantageous to themselves. However, they seek what is advantageous to his subjects, the one of whom they are the craftsman. (342e). As a result of this formulation, Thrasymachus becomes visible upset because it has become evident that his account of justice had turned into its opposite. (343a). During his frustration for Socrates, Thrasymachus…