Strict Liability In addition to intentional torts and negligence, there is a third type of civil liability known as strict liability. Throughout most of the study of law, we have seen a principle that equates liability with fault. Implicit in our justice system is the belief that before someone should be liable, whether criminally or civilly, there should have to be some degree of fault. It offends our notions of justice to think that someone, through no fault of their own, could be held liable
illegal arrangements where liability to tax is hidden or ignored i.e. the tax payer pays less tax than he is legally obligated to pay by hiding income or information from tax authorities” In case of tax evasion deliberate steps are taken by the tax payer in order to reduce the tax liability by illegal or fraudulent means. Tax avoidance, on the other hand is defined by the OECD as “term used to describe an arrangement of a tax payer’s affairs that is intended to reduce his liability and that although the
Introduction In this era’s global,there are many problems happened in Malaysia.This can be seen in consumer’s problems that having to make decisions in choosing products and services daily or to get protection as a consumer.For example, when a consumer got problems with a service that given by seller such got a things that damaged,then we do not know how to solve it,how to get a protection in consumer problems. In view of the importance of protecting the basic rights of consumer,the United Nations
CHAPTER ONE 1. INTRODUCTION 1.1 Background of the study Corporate financial management primarily deals with three core areas that have a bearing on a firm’s financial goals. As postulated by Firer et al (2008), these three core areas of corporate finance are as follows: (1) capital budgeting, which encapsulates the process of planning and managing a firm’s long-term investments; (2), capital structure, which outlines the specific mixture of long-term debt and equity maintained by a firm and last
applied in appraisals of all the projects irrespective of the industry. However, 10% sensitivity factor may be applied in highly volatile industries by assessing the expected volatility in sale price/ cost price of major raw materials in future on case to case basis. Techno-Economic Viability
the case of Anthony’s Orchard, the provided financial statement will assist by assessing the financial situation of the Antony’s Orchard. In this case and most commonly, the balance sheet of the company is considered as it grants a clear indication of the company’s
It is the investment required for running day-to-day business. It is the result of the time lag between the expenditure for the purchase of raw materials and the collection for the sales of finished products. The components of working capital are inventories, accounts to be paid to suppliers, and payments to be received from customers after sales. Financing is needed for receivables and inventories net of payables. The proportions of these components
ENDORSEMENTS ON BRAND IMAGE ABSTRACT Celebrity alludes to an individual who is known to common public, for example performers, game figures, entertainers, and others of the like for his/her accomplishment in zones other than that of the services or products endorsed. The general conviction among publicists is that promotion messages conveyed by big names give a higher level of advance. The general conviction among advertisers is that messages conveyed by celebrities give higher degree of attention,
3.1 Theoretical background of the study Use and significance of ratio analysis:- The ratio analysis is one of the most powerful tools of the financial analysis. this is used to a device to analyze and interpret the financial health of enterprise. Ratio analysis is stands for the process of determining and presenting the relationship of items and groups of items in the financial statements. It is an important tool of the financial analysis. The main following are the points of importance of ratio
shift in the nature of assets, income and provide a return for investors. More and more companies across a wide range of industries, such as information technology, consumer products and pharmaceutical has a tremendous value on investments in intangible assets. Investigate reports of intangible assets is the purpose of this study, the root of the Organization's success is, how the assessment and reporting of accounting. In this survey, some regulators, investor, analysts and other intangible assets