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How was Negligence the main cause?
Negligence was the major cause:
A claim for damages can only succeed when there has been damage or loss to the claimant.
Illustrations:
• Personal injury
• Damage to property
• Financial loss directly connected to any of the above
• Pure financial loss is highly improbable to be recovered, although there are exceptions for example, Hedley Byrne and Company Ltd verses Heller and Partners Ltd in 1963.
Negligence should be shown to be caused through the defendant and not more remote.
Commitment of Agent - Agency Law However responsibilities of an agent for the principal are: as; (a) Care and skill However to exercise due diligence in such performance of hi
Determine about the Principal-agent theories Wwhich concentrate especially on the problems of asymmetric information among the parties to a contract: the impossibility to perfe
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Differences members and creditors voluntary wind up: main differences between a members' and a creditors' voluntary winding up are that : (a) in a creditors' voluntary win
Arbitral Award However the decision of the arbitral tribunal is referred to like an arbitral award. Therefore the terms of employment really require the arbitrator that must m
Define the Strategic Voting and Policy Process Now we take up an important issue with respect to policy process. In standard models, where a single vote is taken directly as re
Misfeasance: Under s.324, misfeasance proceedings may be instituted against a director, promoter, manager, liquidator or "officer" (including an auditor) of a company in liqui
Companys debts: In case a company is unable to pay its debts the creditors, or a creditor, may petition the High Court for an order to wind it up. During the winding up the me
What are the international policies - Policy process In international policy, (politics) each state is part of a system and each is the guardian of its own security and indep
Legal Status: A promoter is not an agent of the company he promotes. However, the English courts have held that he stands in a fiduciary relationship to the company he promo
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