Answer some questions Essay Example | Topics and Well Written Essays - 500 words

Answer some questions - Essay Example Paul said he found Anna cute and feminine, and when he started talking to her he found out she was smart and funny as well. Anna said she found Paul interesting, down-to earth and comfortable to be with. As they got to know each other better (and Anna found out that Paul was not gay after all), they fell deeply in love and became sweethearts for a long time even way after college. They went steady for a decade before deciding to get married. They knew that they were meant for each other and accepted each other for all their strengths and weaknesses. They decided to marry because they wanted to spend the rest of their lives and grow old together. Paul admitted that he had a string of girlfriends before he met Anna and even played around when they were going steady. However, he promised her that once they got married, he would remain faithful to her only. He became more responsible because he knew he had another person to take care of and not just himself. With Anna, he became more independent and learned to be a good homemaker. Since she did the chores, she became better at cooking, cleaning and making their home cosy and comfortable for both of them. When they had a son, they became even closer as they relied on each other in raising him as well. Paul and Anna had their own share of difficulties in their marriage. Money was often tight since they were not earning enough, but they found ways to survive so as not to get hungry and still pay the bills. They were fortunate enough to have the supportive people around them who showered their son with gifts and nice things that they themselves could not afford. They made sure their son would have a good and comfortable life as they promised to do their best to give it to him. After being together for 28 years, Paul and Anna (10 years as steady boyfriend-girlfriend and 18 years married) are still deeply in love with each other. It is not only a romantic relationship, but a true friendship and partnership. They

Company Law Essay Example | Topics and Well Written Essays - 2000 words - 2

Company Law - Essay Example This manifest prominently amid the utilization of any assets, opportunity, or information and fails to link to a clash of interest flowing from a transaction or pact with the company or in the events in which the subject has been permitted by the company’s directors (Davies 2012, p.8). Highlighting conflict of interest impacting on the director demands exploring whether the director engaged will obtain a substantial gain from the manifest conflict of interest. Background The decision that the directors’ duties should be codified was accompanied by the debate centring on the â€Å"stakeholder question.† This relates to the question on whose interests that companies should be run (whether the interests of the shareholders, the community, or employees). This debate centred on two approaches: The first school of thought detailed pluralism, which details that the role of the company centres on serving the interests of the multiple interest groups of stakeholders. As s uch, the duties of directors should be broadened to ensure that the directors respond to a broad collection of stakeholders other than shareholders (Lowry 2012, p.2). The second school of thought inclines towards the enlightened model maintaining that the function of the company hinges on generating value for the gain of shareholders while, simultaneously, matching the laid long-term objectives of the company, and associations that the company enjoys with other stakeholders inclusive of suppliers, community, employees, and others (Lacy 2002, p.154). At the height of debate, the Company Law Review settled for the enlightened shareholder approach, which appreciates the premise that it is the interests of the shareholders that should be placed first (Lowry 2012, p.3). The enlightened shareholder approach also recognizes that the company’s possibility for success anchors in maximizing on the relationships that the company enjoys various stakeholders groups. Discussion The orienta tion of the directors’ obligations embodies one of the most critical features prominently highlighted by the Company Law. The statutory scheme recognizes the directors’ roles outlined in C.2, Part 10 of the Company Act 2006. The title of â€Å"director,† in this case, is broadened to embrace shadow directors. The directors are required to conduct their duties as per the provisions detailed in C. 2, Part 10 of the Company Act 2006 to the company, instead of doing so for the shareholders and other stakeholders within the company (Arden 2007, p.162). The roles handed to the directors encompass aspects such as an obligation to act as per the applicable provisions of his/her powers detailed by the company’s constitution; a role to promote the long-term achievement of the company as perceived to be in good faith; an obligation to employ reasonable care, meticulousness, and skill; an obligation to manifest independent judgment; an obligation to evade conflict of interest where it may arise; an obligation not to acknowledge gains flowing from incidences such as secret commissions and bribes; and, an obligation to clarify on the interests amid the transactions (Calder 2008, p.59). Directors’ Duty to Act as per their Powers A company embodies a person and as such, ought to proceed as per the