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- 1. Under what broad risks would you put these risk factors? Economic Distress Mismanagement Technological Causes Working Capital Problems Fraudulent Managementc) Shahjalal Pharma is manufacturing a medicine for curing AIDS. They advertised in an [ international magazine saying that whoever consumes this medicine will not suffer from AIDS. Mr. Rahim read this advertisement in the magazine, purchased the medicine and consumed it. However, 3 years later, he got tested HIV positive. So, he claimed a compensation of Tk. 1,00,000 as the company advertisement proved to be wrong, and this became life-threatening for him. Interpret the chances of the success of the claim based on its validity.How many of the following are not a "tax" death benefits dependant of a deceased person: the deceased person’s spouse the deceased person’s former spouse the deceased person’s child under 18 years of age any person with whom the deceased person had an “interdependency relationship” just before he or she died; and any person who was financially dependent on the deceased just before the deceased person died? 0 1 2 3 4 5
- Ridwaan, a seventeen year old trainee chef, found work at a restaurant. However the restaurant was a little farfrom where he lived. Public transport was available but Ridwaan found it inconvenient. Ridwaan saw apromotion on social media by Fantastic Cycles Pty Ltd with a great deal on e-bikes worth $5000. The businessallowed a payment plan to anyone who purchased an e- bike and had a secure job. Ridwaan decided hewanted a bike to ride to work. He went to Fantastic Cycles and picked out a great looking e-bike. Thesalesperson checked with Ridwaan's employer, Sunset Restaurants Ltd, who confirmed he worked there.Ridwaan entered into an agreement to purchase the bike paying by instalments and signed a written contract.Ridwaan took the bike home but a month later lost his job and told the business he did have to continue topay for the bike because he was under 18 years of age. However Fantastic Cycles disagree and now wish tosue Ridwaan to recover payments for the e-bike. A. Discuss whether…2. A business without proper business plan will be one geared towards Jailure. 3. Outline the FIVE steps in process for the registration of an Early Childhood Institution with the Early Childhood Commission.The U.S. Securities and Exchange Commission (SEC) released its final rule to implement a code of ethics under SOX Title 404. The stock exchanges have proposed that each company listed on the exchanges publish its code of ethics. Discuss how disclosures of a code of ethics by senior management could have a positive effect on public confidence and influence investors' behavior. Discuss the consequences of not establishing a code of ethics. Support your position. Evaluate the importance of senior management in setting the tone for the application of the company's code of ethics and promoting positive employee behavior, improved decision making, or the willingness to report unethical behavior of coworkers. Recommend at least two policies that might encourage employees to report unethical behavior.
- Scenario B (Australian Taxation Law): – Taxpayers at retirement age Inder Muller, aged 58, recently retired from his employment as chief accountant of Moon Light Pty Ltd, after 17 years and 4 months of service. Inder’s wife Belinda, aged 59, is currently running a small newsagency. Inder and Belinda visited you to seek advice on various retirement planning options specified below. Inder and Belinda both are covered by private health insurance. 2) Regarding Inder’s Termination payment & Superannuation Inder currently has superannuation valued at $582,000 with the Suncorp (complying Super fund). The total amount includes the following elements; > Tax free component $25,000 > Element untaxed in the fund $207,000 > Element taxed in the fund $350,000LAW6001 Required Advise Inder what would be the tax consequences of withdrawing his super prior to his retirement age, including all options available to him.Inditex is the world's biggest clothes retailer (measured by sales), and Zara is its largest brand. Amancio Ortega (who retired as Chairman of Inditex in 2011) formed the company with Rosalia Mera in 1975. Ortega had begun working asadeliveryboy for a shirt-maker and, in 1963, when still in his twenties, he started supplying clothes towholesalers.In1975,a German customer cancelled a large order, so the firm opened its first Zara retail shop in La Coruna, Spain - simply as an outlet for cancelled orders. The experience taught Ortega the importance of the 'marriage' between the operations of production and retailing. This guided the company's evolution - Miguel Diaz, a senior marketing executive: "It is critical for us to have five fingers touching the factory and the other five touching the customer (Ferdows et al. 2004, p. 106)" The company had six stores by 1979 and opened them in all major Spanish cities during the 1980s. In 1988, the first international Zara store opened in Porto,…What is the objective of the company in having a, strong and effective internal control system? What is the purpose of having an independent internal audit function in a publicly-listed corporation? Give at least four (4) responsibilities of the chief audit executive. Enumerate the activities of the risk management department in a publicly-listed corporation. To what may the shareholder’s right relate? How may participation of employee in corporate governance be encouraged? True or false. Sustainability reporting includes voluntary corporate disclosures about sustainability initiatives, plans, and associated outcomes. True or false. The terms non-financial reporting, corporate social responsibility reporting, and triple bottom-line reporting are each sustainability-related terms. Define the terms nonfinancial reporting corporate social responsibility reporting, and triple bottom-line reporting. How do these relate to sustainability reporting? What factors have driven the demand for…