Conflict of interest

Sort By:
Page 6 of 50 - About 500 essays
  • Decent Essays

    A. The accountability Concept Academics have made numerous propositions that would modify shareholders derivative suites by switching the balance more in the direction of accountability. The most impressive case is Professor Gevurtz suggestion to eradicate the business judgment rule . He analyzed the different formation methods that courts had established to the rule, his findings on the business judgment rule different explanation can be summarized in two classifications . He described the first

    • 590 Words
    • 2 Pages
    Decent Essays
  • Decent Essays

    Summary of Case Case 37.5: Duty of Loyalty. Edward Hellenbrand ran a comedy club known as the Comedy Cottage in Rosemont, Illinois. The business was incorporated, with Hellenbrand and his wife as the corporation’s sole shareholders. The corporation leased the premises in which the club was located. Hellenbrand hired Jay Berk as general manager of the club. Two years later, Berk was made vice present of the corporation and given 10 percent of its stock. Hellenbrand experienced health problems

    • 920 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    Trademark Trouble Since the creation of an LLC requires the members to, pre §7-80-203 of the Colorado Revised Statutes, which states, “ One or more persons may form a limited liability company by delivering articles of organization to the secretary of state for filing” (Col. Rev. Stat. 2013, §7-80-203). Due to this requirement, I researched Mrs. Jackson’s possible trademark name of ‘The Gathering Place”. With in the Colorado Secretary of State Office business name, trademark, and trade name records

    • 1216 Words
    • 5 Pages
    Decent Essays
  • Better Essays

    others: • They are members of the board of directors of the Cheap Pharma Inc. • They have their duties and responsibilities to Cheap Pharma Inc. • As member of the board of directors they are bound by a duty of loyalty. They must act in the best interests of the corporation and the shareholders. • They can purchased/owned share of stocks other company but with limitations. Information outlined to Cheap Pharma Inc. • Lawsuit if there’s a breach of contract and will be costly the

    • 1131 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Case Study: Cheap Pharma

    • 1867 Words
    • 8 Pages

    friend. https://www.quora.com/What-does-Keep-your-friends-close-and-your-enemies-closer-mean Republic Act 7394 (RA 7394) is the "Consumer Act of the Philippines" which was promulgated on July 15, 1992. It is the policy of the State to protect the interest of the consumer, promote his general welfare and to establish standards of conduct for business and industry. What are the objectives of the RA 7394 or otherwise known as "Consumer Act of the Philippines? • Protection of consumers against hazards

    • 1867 Words
    • 8 Pages
    Good Essays
  • Decent Essays

    Lindsay Case

    • 890 Words
    • 4 Pages

    Lindsay is asking to inspect financial documents for two separate legal entities, and she has differing roles in both of the companies. Lindsay’s role in the LLC is a co-partner role. Thus, she could inspect the financial documents of LLC; however, she has dissociated. Dissociation “occurs when a partner ceases to be associated with the carrying on of the partnership business” and terminates his or her actual authority to act for the partnership and to participate in running the business” (259).

    • 890 Words
    • 4 Pages
    Decent Essays
  • Good Essays

    Please be advised that this firm represents the Hillcrest on the Park Condominium Association (the “Association”). We are in receipt of your letter of July 20, 2015 to TH Management Consultants, LLC (hereinafter “TH Management”) and Nancy Grebe’s e-mail of August 3, 2015, with a proposed letter she intends to send to the co-owners. As an initial matter, you should be advised that the “Steering Committee for the existing Co-owners of Hillcrest on the Park Condominium” (hereinafter the “Steering

    • 1222 Words
    • 5 Pages
    Good Essays
  • Decent Essays

    Subject: Chief employee bonus: Conflict Interest. To: Ethics for Accountant From: Kyungwon Kwak Date: 03/07/2011 1. Ethics Case-Chief employee bonus The WGN Company has a bonus arrangement, which grants the financial vice president and other executives a $15,000 bonus if the net income exceeds the previous year's by $1,000,000. Noting that the current financial statements report an increase of $950,000 in the net income, Vice President Jack Brickhouse asks Louise Boudreau, the controller

    • 696 Words
    • 3 Pages
    Decent Essays
  • Decent Essays

    Goals and Interests One of the hardest parts of managing conflict is to identify and achieve the personal goals and interests of each party involved. According to Hocker & Wilmont (2014), “all conflicts hinge upon the fact that people perceive that there are incompatible goals help by at least two people who are interfering with what the other person wants” (p. 73). It’s difficult enough to identify one’s own goals regarding conflict, let alone attempt to understand goals or interests of the other

    • 1218 Words
    • 5 Pages
    Decent Essays
  • Good Essays

    Conflicts of interest appear in all aspects of life, yet in research the potential consequences of these conflicts may be disastrous. Allowing conflicts of interest to exist in science has a negative impact on research – they could damage public opinions of science and slow the progression of research. Scientific disciplines have the potential to harm society, highlighting the need to conduct ethical research free from conflicts of interest. In epidemiology, conflicting interests may have serious

    • 1440 Words
    • 6 Pages
    Good Essays