Major investment of the company's funds, Other Subject

Assignment Help:

QUESTION

The directors of a gold mining company are considering making a major investment of the company's funds to develop a new gold mine.

They delegate to a geologist the task of obtaining the technical information about the amount of gold that might be mined. The report prepared for the directors indicates that the proposed investment in the mine should be very successful. But some of the information has been negligently prepared. The directors have relied on the report and invested the company's funds in the mine, but the venture is not as successful as the report indicates it should be. Advise whether the directors have breached their duty.


Related Discussions:- Major investment of the company's funds

What is meant by government relations, Question 1 What is the meaning of '...

Question 1 What is the meaning of 'publicity'? How does it differ from 'PR'? Explain Question 2 What is meant by Government relations? Explain Question 3 Write a long no

Marketplace connectivity for asynchronous processes, Marketplace Connectivi...

Marketplace Connectivity for Asynchronous Processes As illustrated in Figure 1, IBM's WCS MPE provides diverse trading mechanisms, such as fixed-price buying, exchanges contrac

Fire prevention, introduction topic for fire prevention

introduction topic for fire prevention

Function of ethics in managerial and qualified practices , Executive Summar...

Executive Summary Worldwide, the function of ethics in managerial and qualified practices has demonstrated to be a vital concept. This is because the concept of ethics deals with w

B.ed, What is pragmatism and what should be the role of teacher according t...

What is pragmatism and what should be the role of teacher according ti it.

Case of doubt over ethical practice, Question 1: (a) Explain in which ...

Question 1: (a) Explain in which circumstances, when compliants are made, these are not pursued? (b) Discuss the ways in which psychologists can avoid pitfalls. Questi

Speech writing, You are required to select a thought-provoking philosophica...

You are required to select a thought-provoking philosophical, literary, political, spiritual quotation to use as the basis for a short prepared speech. You may not use lines from t

Commercial environment - e-commerce, COMMERCIAL ENVIRONMENT The commerc...

COMMERCIAL ENVIRONMENT The commercial environment team is made up of four main fundamentals: health & safety, food, entertainment premises, and the consultation team. They make

The use of interest-based negotiations, QUESTION 1 (a) Critically evalu...

QUESTION 1 (a) Critically evaluate the following statement Disputes can be resolved through the use of interest-based negotiations only (b) Discuss the key conditions req

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd