Liability insurance

However, in certain circumstances this corporate privilege is used as a mean of exploiting loopholes in the legal system, leaving the courts with the option of uncovering the corporate veil and imposing liability upon individuals within the corporation. Today, the courts will rather enforce the principle of separate legal entity to a company as in the case of Salomon v Salomon Co Ltd, than apply the doctrine of piercing the corporate veil. However, the courts…

bucket list. Whether it’s becoming a better golfer or traveling the world, but one of the things I would love to do is own my own business and create multiple jobs along with multiple dollars. Two businesses that I would personally like to own is an insurance company and a clothing line. Lots of people don’t understand why people want to be business owners. They tend to think of all of the cons to it and not the pros, or they simply just don 't get it at all. Owning a business is definitely…

Introduction and Statement of Facts The fundamental attribute of corporate personality, from which all other consequences flow if that the corporation is a legal entity distinct from its members. Hence, it is capable of enjoying rights and of being subjects to duties which are not the same as those enjoyed or borne by its members. In other words, it has a “legal personality” and is often described as an artificial person in contrast with a human being, a natural person. However, corporate…

5. Recommendations for Mehta: Mehta is the only person who has connection with both the groups such as the Bonazzi and Indo group. Mehta being the CEO of Bonazzi is appointed for a purpose. He should understand the Indo group and share his views to the Bonazzi Goup and vice-versa. He can think from both their views and make the best decisions. HE should create, communicate and execute a clear vision, strategies and goals so that the future of the Joint Venture is bright. He also should make…

increasingly growing in every Direction, Example includes Medicine, Transportation, Education, Defense, etc. In First Article “Self-Driving Technology and Autonomous Vehicles: A whole new world for production liability Discussion” Author Roy Alan Cohen Analyzes the how Production liability will work, and how the People’s claim will increase the issues regarding it. Transportation as we know it would be impossible without the quantum leaps in technology that have taken place over the past…

In a typical court, determinations of criminal liability require a voluntary act and intent to commit a criminal act. Legal theory refers to this as Actus Rea and Mens Rea, and liability as the state of being responsible for something. The legal requirement rests on Mens Rea to determine culpability and the actor’s mental state. A general example of this in criminal law is how liability or no liability in a murder case rests on the actor causing the death intentionally. The goal of this paper is…

Product-Harm Crisis – Toyota Case Study Meaning of product-harm crisis. One may characterize a product-harm crisis as an abundantly revealed episode of a product deficiency, unhygienic, injurious to patrons, and “costly” to organizations (Cleeren, Heerde, & Dekimpe, 2013, p. 58). Cleeren et al. (2013) found a product-harm crisis more often than not impacts the whole manufactured category type of goods. This situation elicits a stern adrift sales and product recall. In the same pursuit, the…

The north, south and east side of the park are very large sidewalk areas that are capable of holding large groups of people at a time. The most obvious of these is the south part of the park where there are two sets of steps that lead up into the park, this is the popular meeting spot for when protest take place here in Union Square. These sides of the park are meaningful as they have the ability to facilitate large groups of people and act as signifying objects that carry meaning with them.…

relevant industry and political environments, cannot be effectively accomplished without providing employee internet and email access. While these accesses are imperative for businesses to remain competitive, employee internet and email access pose liability risks, therefore employers have valid concerns regarding legal, ethical, and human resource issue repercussions that the company might face concerning employee internet abuse. For these reasons, we propose taking preventative measures by…

yourself. This allows you to make connections with people who want to experience the RV lifestyle for the first time and make their trip one to remember. Insurance Coverage With an RV share company, the renter as well as the owner are covered by a commercial rental insurance policy. This policy will cover a certain amount of liability, which should make the renter and owner more comfortable. The company also offers roadside assistance because you never know when there could be a problem on…