The broad categories of external obligations corporations
Explain the broad categories of external obligations corporations?
Expert
The external obligations of corporations, pursuant to corporate governance, can be broken down into three broad categories:
1. Ordinary civil liability in contract and tort, including the large areas of service contracts and employment law that apply to individuals, partnerships, and corporations.
2. Statutes and regulations to protect creditors, investors, and the public in general, which apply especially to corporations.
3. Criminal and quasi-criminal liability of corporations for the acts of their officers, and the potential liability of officers and directors for their own acts and omissions committed in the course of performing their duties.
What do you mean by Banking Agreement?
Explain Workers’ Compensation and Pay Equity?
What do you mean by implied contractual obligations of the seller?
Explain the types of Bailment that depends on Low Duty and High Duty?
How Constitution implements the federal system of Canada?
Elucidate what do you mean by Equity?
What are the mistakes about the identity of a party to the contract?
Describe Equitable Estoppel (Promissory Estoppel)?
What do you mean by Corporate Liability?
What are the Potential Liability of Officers and Directors?
18,76,764
1922936 Asked
3,689
Active Tutors
1447819
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!