This is an important time to be open to compromise and to act honestly.
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Does it mean Foxconn must take the state's interests into account as well as its own, or just that it act honestly?
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France has blacklisted NRGbinary and related companies, saying they failed to provide accurate information to clients or to act honestly and fairly.
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So we have a process that gives presidents some discretion, for pretty good reasons — but one that assumes that said presidents will act honestly and responsibly.
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Judge Jacqueline Gleeson said she was persuaded that Westpac had failed to act honestly and fairly since the campaign was aimed at benefiting the bank rather than customers.
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Plus, it was a policy that said "we trust our customers to act honestly, and forgive those who don't," which assumed the best and not the worst of us humans. Refreshing.
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" O'Hara added that "the court urges defense counsel to garner good reputations for themselves by taking care in the future to act honestly and graciously towards the court and opposing counsel.
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While we know Turner can act — honestly, it takes someone with incredible skill and patience not to flip out while watching Joffrey torture his kingdom, even if it is on set — she told Porter that there are actresses more skilled than she is, but that she's landed roles because she has more social media followers, largely thanks to her GoT success.
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Members owe fiduciary duties to the close corporation. The Act gives an overview of the fiduciary duties and sets out to define some of them without prejudice to the generality of the expression "fiduciary relationship." Members must act honestly and in good faith, and exercise their powers to manage or represent the close corporation in its best interests and for its benefit.s 42(2).
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The company ran into trouble during the late 1990s due to rising debts and management issues. In April 2001, the business was placed in receivership. Unsecured creditors were owed $93 million, and the company was $50 million in debt. In June 2002, the company's former chief financial officer, Alan Hodgson, was sentenced to six years in jail, on multiple counts that included giving false information to the ASX, and failing to act honestly as a company officer.
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" He states that a prince who acts virtuously will soon come to his end in a sea of people who are not virtuous themselves. Thus the successful prince must be dishonest and immoral when it suits him. He states that "…we see from recent experience that those princes have accomplished most who paid little heed to keeping their promises, but who knew how to manipulate the minds of men craftily. In the end, they won out over those who tried to act honestly.
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One of the uses of zero-knowledge proofs within cryptographic protocols is to enforce honest behavior while maintaining privacy. Roughly, the idea is to force a user to prove, using a zero-knowledge proof, that its behavior is correct according to the protocol. Because of soundness, we know that the user must really act honestly in order to be able to provide a valid proof. Because of zero knowledge, we know that the user does not compromise the privacy of its secrets in the process of providing the proof.
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In 2006, organisers were forced to refuse a thousand entries. That year a second race was organized from Zermatt for the first time. The media have recently raised the problem of doping: patrols are not subject to any controls which causes rumours about the performance of the participants. The commander of the race, Brigadier Marius Robyr (who retired in 2008), refused to impose controls and instead called for participants to act honestly, and in the spirit of the race in which there is no financial gain for the winners.
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The examiner's duties are to conduct an examination of the company's affairs, formulate proposals for a scheme of arrangement, convene meetings of the members and creditors for the purpose of voting on any proposals and report his findings to the court. The examiner must act honestly, reasonably and with the utmost candour. Any failure to do so may result in the court disallowing some or all of the examiner's remuneration, costs and expenses. An examiner is not immune from suit and may not exclude personal liability in the scheme of arrangement.
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In November 1993, Ford was charged by the Australian Securities Commission (ASC) with 29 counts of false accounting, three counts of "failing to act honestly as a director", one count of "transferring company property with intent to defraud", and one count of "making a material omission in a report". The charges related to allegations that he had engaged in bottom of the harbour tax avoidance by liquidating Safety ROPS (Aust) Pty Ltd and transferring its assets to Roll- Over Protection (Aust) Pty Ltd. He was convicted of fraud in 1996. Ford had earlier come into conflict with the ASC during its investigation.
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The regulation of performance of tax advisory services has its basis in the law and subsequently in the Statutes of the Chamber. Pursuant to the Tax Advisory Services Act, only those individuals who are listed on the list of the Chamber of Tax Advisers of the Czech Republic can be considered as tax advisers. Tax adviser is entitled and obliged to protect rights and rightful interests of his/her client. He/she is obliged to act honestly and conscientiously, to use all legal means consistently and to apply everything he/she considers to be beneficial in accordance with his/her own conscience and client's order.
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Alan Bond had pleaded guilty in the Supreme Court of Western Australia to two charges of failing to act honestly in his capacity as an officer of a company, with intent to defraud the company and its shareholders. He was sentenced to a total of four years imprisonment. The Director of Public Prosecutions appealed his sentence to the Court of Criminal Appeal, of which the court allowed the appeal and sentenced Alan Bond to seven years imprisonment. Alan Bond appealed to the High Court on the grounds that the Director of Public Prosecutions didn't have the authority to appeal the sentence imposed on him.
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This is supported by indications of higher confidence in the accuracy of one's formed impression when it was formed more on the basis of negative traits than positive traits. People consider negative information to be more important to impression formation and, when it is available to them, they are subsequently more confident. An oft-cited paradox, a dishonest person can sometimes act honestly while still being considered to be predominantly dishonest; on the other hand, an honest person who sometimes does dishonest things will likely be reclassified as a dishonest person. It is expected that a dishonest person will occasionally be honest, but this honesty will not counteract the prior demonstrations of dishonesty.
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In contrast, in specific trusts, particularly pensions within the Pensions Act 1995, charities under the Charities Act 2011, and investment trusts regulated by the Financial Services and Markets Act 2000, many rules regarding trusts' administration, and the duties of trustees are made mandatory by statute. This reflects the view of Parliament that beneficiaries in those cases lack bargaining power and need protection, especially through enhanced disclosure rights. For family trusts, or private unmarketed trusts, the law can usually be contracted around, subject to an irreducible core of trust obligations. The scope of compulsory terms may be subject of debate, but Millett LJ in Armitage v Nurse[1998] Ch 241, 253 viewed that every trustee must always act "honestly and in good faith for the benefit of the beneficiaries".
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Arden LJ rejected this argument, affirming that upon such a wrong, it was not open for the fiduciary to argue what might, hypothetically, have happened. A reduction in liability could only come from a determination of the value of skill and effort contributed. This is less generously quantified for dishonest fiduciaries, but generous allowances are typically given, as in Boardman v Phipps for fiduciaries who all along act honestly.[1965] Ch 992, 1021. See also the Australian case Warman International Ltd v Dwyer [1995] HCA 18 and Docker v Somes (1834) 2 My&K; 655, drawing the line between profits deriving from breach of fiduciary duty and those from one's own labour and effort Trustees who are found to commit wrongs may also have a defence under the Trustee Act 1925 sections 61–62.
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The duty of honest contractual performance is a contractual duty and implied term of a contract, introduced into Canadian law in 2014 as a result of the decision of the Supreme Court of Canada in the case of Bhasin v. Hrynew. As a sub-category of good faith and a duty arising at common law, contracting parties have a duty to act honestly in the performance of their contractual obligations. The Court recognised, in passing this judgement, that a new common law duty was being created: :It is appropriate to recognize a new common law duty that applies to all contracts as a manifestation of the general organizing principle of good faith: a duty of honest performance, which requires the parties to be honest with each other in relation to the performance of their contractual obligations.Supreme Court Judgment: Bhasin v.
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Parties may make the formation and performance of their contract conditional upon the occurrence of a specified event that neither party promises to ensure will occur.. If the event does not occur, then one or both parties will be entitled to terminate the contract.. The parties must do everything reasonably in their power to see that the contingent condition is fulfilled.. The time for fulfilment of a contingent condition may be expressly specified in the condition. If no time is specified, the courts will construe the contract as requiring the condition be fulfilled within a reasonable period of time, having regard to the circumstances of the case. In certain contracts, it may be unclear if non-fulfilment of a contingent condition has occurred where there is a subjective requirement in the contract, such as whether one party has achieved "satisfactory finance." If the contingent condition is a subjective fact, parties must act "honestly" or genuinely believe the condition to be true.
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