Locus of Control Essay Example for Free

Locus of Control Essay In the wake of finishing and assessing my reactions to the Locus of Control Assessment, my outcome was that I have an inner locus of control. An inner locus of control is the point at which an individual accepts that they are for the most part in charge of the occasions that influence their life. As I would like to think, the evaluation is correct, I trust I control the vast majority of the occasions that occur in my life. Presently, on the opposite end an outer locus of control is the point at which an individual accepts that they by and large don't have control of the occasions that influence their life (Myers, 2012, p. 1). The two dependable sources I found that gave data on Locus of Control were www. ncrel. organization and www. psych. uncc. edu. In the wake of directing some exploration I have verified that there are certain and negative results for both inward and outside locus of control. The significant thing is to keep a harmony between them. Some positive inner locus of control circumstances are the point at which you concentrate hard and get An in your test or when you participate in a challenge and win. In these circumstances you controlled the occasion in your life. The negative part of an inside locus of control is that now and again you can’t control the occasions that influence your life. For instance being determined to have colon malignant growth or having medical procedure to expel your digestive tract. In these circumstances are individual with an inside locus of control may feel sad and accuse them selves for not forestalling it. With regards to an outside locus of control the constructive part of it is that when circumstances emerge that individual will in all probability credit it to something different. For instance, they would state it was karma on the off chance that they won the lottery or the educator was feeling acceptable in the event that they got a C in their math class. In negative cases they will reprimand others for the result since they accept they don’t have any power over the occasions that occurred in their life. A model would be in the event that they don’t get their work done in light of the fact that their mother neglected to purchase paper or on the off chance that they have a mishap and backside the individual before them and censure the other driver for halting unexpectedly. As I would like to think, it is smarter to have an inner locus of control. The motivation behind why I accept this is on the grounds that much of the time we have power over specific occasions that occur in our life. Having an outer locus of control would give the individual no awareness of other's expectations for their activities since they believe they don't have command over it. An individual with an inward locus of control is increasingly dependable, effective, effortlessly propelled and continually searching for development inside them. An individual with an outer locus of control is less dependable, accuses every other person for their disappointments, is less propelled and achievement is something they feel will occur in the event that others accomplish it for them. Contingent upon the circumstance or the existence occasion these two must be adjusted. On the off chance that you’re an individual with an inner locus of control like me and we experience a circumstance that is out of our hands we need to acknowledge that and comprehend that not everything in life can be controlled. A few things will happen regardless of what we do. In cases like this is when it’s acceptable to have an outside locus of control in light of the fact that for certain individuals not being in charge constantly and encountering a circumstance that is out of their hands can be harming for their confidence. At the point when an occasion emerges we ought to have the option to sensibly take a gander at the circumstance and investigate if there was anything we could have done distinctive to take care of the issue or maintained a strategic distance from it and assess the choices we made that finished up with the final product. When you break down the circumstance you can decide whether changing the means you took would have changed the final product. On the off chance that it wouldn’t have changed the out come, at that point it was out of your hands and you should consider it to be an outside locus rather than an inward locus.

Proud to Be Me Free Essays

Danae Fuller [Company Name] Proud To Be Me! Gazing in the mirror I can’t start to reveal to you how, The things I saw when I was youthful don’t even bother me now. When yet young ladies, to every one of my companions, see we were no different, Until I heard that young ladies like me were given various names. From the start I didn’t like the idea of being called â€Å"black† I resented something dull I didn’t like that I was set apart Along the way started a sparkThere goes the question mark. We will compose a custom exposition test on Pleased to Be Me or then again any comparable point just for you Request Now I love the way that I’m special My darker skin and bended body I love the way that I am dark reason dark is basically me. I don’t look like each young lady on promotions and TV screens, The things I eat, may not be your preferred style food. Maybe the manner in which I treat my hair isn't your own daily practice, And possibly we don’t need similar measures of solid sunscreen I love the way that I am dark reason dark is essentially me.Thinking back I need to state, I’m pleased with those previously, Fighting till the tide of opportunity appeared on the shore. Taking steps towards triumph achieving substantially more, Than individuals could’ve thought yet now Sir Justice won the war. I love the way that I am dark reason dark is basically me So now I’ve no motivation to address reflection, I know who I am I acknowledge my defects. I’m pleased with the distinction in my own composition, I have no bad things to say, no change, no protests. Step by step instructions to refer to Proud to Be Me, Papers

Wikipedia as a Credible Source free essay sample

The issue of dependability and believability emerges in light of absence of certifications of editors, remembering one-sided see for content, articles are not peer-checked on before distributing source refered to might be invalid, style, and tone needs reason. A few favorable circumstances of Wisped are explanation on points and data is in clear straightforward terms for simple comprehension. A burdens of utilizing Wisped as source is the issue Of editors respectability. There are various discussion regarding this matter across various scholastic offices in light of the fact that the site permits anybody add to the substance without confirming his scholarly qualifications or ability on the topic.In option, the greater part of nutritious data is mysterious; along these lines there is no name to credit the citations to and this forestalls unwavering quality on the grounds that nobody thinks about the proofreader. Wisped distributes substance contributed by the entirety of its editors. A model is a clinical subject with respect to lung malignant growth. The substance reflect data from specialists as well as from bookkeepers who may not comprehend the theme. We will compose a custom paper test on Wikipedia as a Credible Source or on the other hand any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page This implies substance with respect to lung malignant growth isn't just refreshed by specialists had practical experience in the field yet in addition by magma. Fails, dental specialist, and so on. As indicated by Miller and Murray (2010) Thus, when in doubt, Wisped s not a proper source to depend on for specialized data that would possibly be right if the editorial manager had particular information, similar to people in general or private nature of proprietorship for a lodging complex when a finding of state activity turns on the assurance (P. 17). Absence of legitimacy and unwavering quality is the reason researchers and scholastics dishearten their understudies from utilizing Wisped as a source in scholarly composing due to evident certifications. Data may not be dependable and exact on Wisped because of absence of companion looked into articles before distributing on the site. Articles are consequently accessible o clients, without second sentiment by a specialist in the field, when refreshing with new data. Non-specialists may not be well learned on explicit themes to give important commitments or evacuate erroneous data. Wisped doesn't consider any of the editors responsible for the substance on realities; in this manner there is no ramification for contributing incorrectly information.Many articles on the site needs reference list for simple confirmation on the precision of the substance. Articles on Wisped are regularly not refered to scholarly source. As indicated by Carleton College (2007), Because anybody can advertisement or change content, there is a natural absence Of unwavering quality and dependability to Wisped. Writers of articles may not really be specialists on the themes they expound on, leaving a ton of space for mistakes, falsehood, and predisposition. Refering to diaries or companion audited materials are sources on Wisped could be a decent reference source as an optional reference source.Wisped is definitely not a solid hotspot for scholarly reference where there is a chance of editors submitting or adjusting data on a theme to mirror their own view. Because of the structure of Wisped, distributing an articled with audit can lead o exclusion of significant realities on the point. Additionally if the manager misconstrues or misjudges the idea of the subject, the article is left temperamental and invalid on the grounds that the importance of the point is not quite the same as the facts.To maintain a strategic distance from one-sided articles, any proofreader that accepts enthusiastically around one-side of a theme ought not post update the substance Wisped, along these lines safeguardi ng the respectability of the theme. Style and tone in many articles on Wisped are poor composed and needs clearness. This is a consequence of various volunteer editors on a similar theme and inappropriate reconciliation of updates in the article. Articles on Wisped are commonly not intended for a particular crowd since specialists and non-specialists on the point add to its substance, along these lines losing it tone.Advantages of Wisped are simple openness to a large number of articles on wide assortment Of subjects. 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4 Factors When Tapping a 529 Plan in Retirement

If you've dreamed about going back to school, but haven't had the time, don't give up yet. By opening a 529 plan while you're still working, you can fund at least part of your educational expenses when you retire and have the time and energy to study. There are lots of educational options for retirees and many of them qualify for 529 plan funding. Whether you want to get a degree or just take a few graduate or undergraduate classes, you can use 529 plan funds on classes at any institute of higher education that qualifies for federal student loans. Joe Hurley, founder of Savingforcollege.com, has established 529 plans for himself and his wife with a view towards taking classes once they retire. "529s can be used tax-free for attendance at eligible institutions," he says. "You don't have to go full-time or even half-time. You can take a single class at a time at your local community college." If you're thinking about going back to school when you retire and are interested in funding a 529 plan, here are some factors to consider: Opening and funding a 529 plan You can open up a 529 plan for as little as $25 to $50 for most plans. Every state and the District of Columbia have at least one plan. Look at your state's plan first, as you might get a tax deduction for investing in your own state's plan. Obviously, the earlier you start saving, the more you can sock away for your educational needs. If you're serious about going back to school, opening a 529 plan is a commitment toward achieving that goal, Hurley says. But when thinking about opening a 529 plan and funding it, don't skip on filling your retirement coffers, says Craig Silverman, a financial adviser with AXA Advisors in Melville, NY. "It's a challenge these days for many to have enough money to save for retirement, let alone saving in a 529 plan for themselves," he says. Take advantage of tax savings There are potentially two ways to save on taxes by using a 529 plan for educational expenses in retirement. The first way to save is that many states offer tax deductions or credits for contributions to 529 plans. Find out more about each state's plans here. Even if you haven't saved any money in advance of retirement, you can open a 529 plan right before you start school. Deposit what you plan to pay in tuition, books or other school expenses in that account and take it out later to fund your classes. Doing so will give you a tax deduction, Silverman says. Secondly, any earnings you receive on money in your 529 plan are tax-free when used for qualified educational expenses. So, if you save for a number of years and have some good returns, you don't have to pay taxes on those returns and have more to spend on your education, Hurley says. Spending 529 plan funds You're retired and ready to go back to school. To find out if a college, technical school or other educational institute is qualified or to find a qualified school in your state, check this story. For example, in Pennsylvania, there are hundreds of eligible institutions. They include The Art Institute of Pittsburgh, where you can take cooking, photography and art classes, and Beaver County Community College, where you can study for a teacher's certificate in yoga or take liberal arts and business classes. You can spend 529 plan funds on tuition, books and fees. You can even pay for room and board if you're attending college at least half-time, based on the normal full-time workload of that particular course of study as determined by the school but not less than federal standards, says Hurley. Managing leftover money If you've saved money for yourself to go back to school and you don't end up using it, or you don't end up spending all of it, there are options. "You can transfer the money to one of your own kids, or to your spouse, a niece, nephew or other relative, without penalty and that person can use the money for their own college expenses," says Silverman. Transferring all or part of the money from a 529 plan is pretty simple. You can get a form from your 529 plan and have the money transferred into a relative's 529 account. Posted September 10, 2010 If you've dreamed about going back to school, but haven't had the time, don't give up yet. By opening a 529 plan while you're still working, you can fund at least part of your educational expenses when you retire and have the time and energy to study. There are lots of educational options for retirees and many of them qualify for 529 plan funding. Whether you want to get a degree or just take a few graduate or undergraduate classes, you can use 529 plan funds on classes at any institute of higher education that qualifies for federal student loans. Joe Hurley, founder of Savingforcollege.com, has established 529 plans for himself and his wife with a view towards taking classes once they retire. "529s can be used tax-free for attendance at eligible institutions," he says. "You don't have to go full-time or even half-time. You can take a single class at a time at your local community college." If you're thinking about going back to school when you retire and are interested in funding a 529 plan, here are some factors to consider: Opening and funding a 529 plan You can open up a 529 plan for as little as $25 to $50 for most plans. Every state and the District of Columbia have at least one plan. Look at your state's plan first, as you might get a tax deduction for investing in your own state's plan. Obviously, the earlier you start saving, the more you can sock away for your educational needs. If you're serious about going back to school, opening a 529 plan is a commitment toward achieving that goal, Hurley says. But when thinking about opening a 529 plan and funding it, don't skip on filling your retirement coffers, says Craig Silverman, a financial adviser with AXA Advisors in Melville, NY. "It's a challenge these days for many to have enough money to save for retirement, let alone saving in a 529 plan for themselves," he says. Take advantage of tax savings There are potentially two ways to save on taxes by using a 529 plan for educational expenses in retirement. The first way to save is that many states offer tax deductions or credits for contributions to 529 plans. Find out more about each state's plans here. Even if you haven't saved any money in advance of retirement, you can open a 529 plan right before you start school. Deposit what you plan to pay in tuition, books or other school expenses in that account and take it out later to fund your classes. Doing so will give you a tax deduction, Silverman says. Secondly, any earnings you receive on money in your 529 plan are tax-free when used for qualified educational expenses. So, if you save for a number of years and have some good returns, you don't have to pay taxes on those returns and have more to spend on your education, Hurley says. Spending 529 plan funds You're retired and ready to go back to school. To find out if a college, technical school or other educational institute is qualified or to find a qualified school in your state, check this story. For example, in Pennsylvania, there are hundreds of eligible institutions. They include The Art Institute of Pittsburgh, where you can take cooking, photography and art classes, and Beaver County Community College, where you can study for a teacher's certificate in yoga or take liberal arts and business classes. You can spend 529 plan funds on tuition, books and fees. You can even pay for room and board if you're attending college at least half-time, based on the normal full-time workload of that particular course of study as determined by the school but not less than federal standards, says Hurley. Managing leftover money If you've saved money for yourself to go back to school and you don't end up using it, or you don't end up spending all of it, there are options. "You can transfer the money to one of your own kids, or to your spouse, a niece, nephew or other relative, without penalty and that person can use the money for their own college expenses," says Silverman. Transferring all or part of the money from a 529 plan is pretty simple. You can get a form from your 529 plan and have the money transferred into a relative's 529 account. Posted September 10, 2010

Lab 13 Essay - 1011 Words

Debbie Lester Biology Lab 13 1. Arrange the following molecules from least to most specific with respect to the original nucleotide sequence: RNA, DNA, Amino Acid, Protein Protein, amino acid, RNA, DNA 2. Identify two structural differences between DNA and RNA. Two structural differences between DNA and RNA would be that RNA contains ribose while DNA is missing the hydroxyl group form its ribose. Also, RNA is created by transcription of a gene locate in the cells of DNA. DNA is doubled stranded whereas RNA is single stranded. 3. Suppose you are performing an experiment in which you must use heat to denature a double helix and create two single stranded pieces. Based on what you know about nucleotide bonding, do you think†¦show more content†¦We will not go through the process here, but as an illustration of this â€Å"alternate splicing†, remove codons (beads) 52 - 66 from your sentence above. b. What does the sentence say now? (re-write the entire sentence) Mutations are simply changes in the sequence of nucleotides. There are three ways this occurs: 1. Change a nucleotide(s) 2. Remove a nucleotide(s) 3. Add a nucleotide(s) 3. Using the sentence from exercise 1B: a. Change the 24th bead to a different color. What does the sentence say now (re-read the entire sentence)? Does the sentence still make sense? b. Replace the 24th bead and remove the 20th bead (remember what was there). What does the sentence say (re-read the entire sentence)? Does the sentence still make sense? If it doesn’t make sense as a sentence, are there any words that do? If so, what words still make sense? c. Replace the 20th bead and add one between bead numbers 50 and 51. What does the sentence say now? Does the sentence still make sense? d. In 3.a (above) you mutated one letter. What role do you think the redundancy of the genetic code plays in this type of change? e. Based on your observations, why do you suppose the mutations we made in 3.b and 3.c are called frame shift mutations? f. Which mutations do you suspect have the greatest consequence? Why? Experiment 2: Transcription and Translation DNA codes for all of the proteins manufactured by any organism (includingShow MoreRelatedGoogle Essay6596 Words   |  27 Pagesgo-to-market and innovation problem PSG faced in 2005. Focus on innovation that matters to customers and current products. Provide structure to the innovation developed. Create a process whereby HP Labs could help PSG in the development of their products and PSG could help bring to market some of HP Labs products. Increase profits and maintain continuing profitable growth. Move towards the media and entertainment industry. The case concludes with asking if other strong performing business unitsRead MoreEssay about AP Investigation Lab #13 Enzyme Activity1929 Words   |  8 Pagesï » ¿ Background Information Part 1 In the first part of the enzyme lab, we mixed a substrate and an indicator with an enzyme. There was also a neutral buffer in each of the chemical mixtures. The neutral buffer regulated the pH to around 7. We got a color palette and once we mixed each together, we observed and saw a change in the color of the substance. The darker and more brown the substance got, the more oxygen produced by the reaction. Our results showed that amount of oxygen produced increasedRead MoreMy Reaction to the Movie, Apollo 13 Essay719 Words   |  3 PagesApollo 13 This was the first time I have seen Apollo 13, despite the fact that I had heard so many great things about it. After having some time to think about it, I can honestly say I took a lot of things out of it. 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But the work presented in this paper is the inspiration of the work [14] where a lineRead MoreBCH2333A Syllabus Winter 2015 1 1110 Words   |  5 Pageslectures is key to your success in the course! Tuesday: 13:00 - 14:30 MRN AUD Thursday 11:30 - 13:00 MRN AUD DGDs: All DGDs are in BSC140 (except DGD 9 which is in LEE A131) and start the week of Jan 19th 2015. The DGDs are for lecture content. See you lab TAs for lab question. Students who attend DGDs (tutorials) have a much higher degree of success in the course. DGD 1 Monday 10:00 - 11:30 DGD 2 Monday 11:30 - 13:00 DGD 3 Monday 13:00 - 14:30 DGD 4 Monday 14:30 - 16:00 DGD 5 WednesdayRead MoreCanadian Scientist : Dr. Jeffrey I.733 Words   |  3 PagesI. Gordon is a researcher that works out of his lab at Washington University in St. Louis called the Centre for Genome Sciences and Systems Biology and investigates with mice and germs (The Gordon Lab, 2014). 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ROMRead MoreCardio Lab Essay1584 Words   |  7 Pagesdocument to report your findings from the CardioLab Exploration Experiment. The lab report consists of three sections: Data, Exploration, and Lab Summary. †¢ Data: copy any data, graphs, charts, or notes that you have saved in your CardioLab online notebook into this section. †¢ Exploration: Answer the questions. The questions in the Exploration section are the same questions in your CardioLab instructions. †¢ Lab Summary: Write a 100- to 200-word summary. Data To copy your data from your

The Modern Renaissance Essay - 468 Words

Modern science, philosophy, religion, and art. These were all affected by the Renaissance. It changed the lifestyles and thoughts of most people. One of the major influences of these changes was the idea of natural law. The idea came from the Humanists, who believed in the power of the mind.. People started referring to the ancient Greeks and Latins ways of thinking. They believed these philosophers ideas and beliefs were all one needed to live an effective and moral life. Soon, the children were being taught about the Greek philosophies and ways. These new teachings sparked a new intellectual era. A new way of life was here. It involved independent thinking, constant improvement, and a more realistic approach. Art was†¦show more content†¦On top of this, sculptures became very popular, such as Michaelangelos ?David?, have had a major impact on our daily lives. We daily come across sculptures, or better known as statues. We even often dedicate statues to people we hold in high respect. One of the most important ideas of the Renaissance is the scientific method. This helped encourage the process of discovery and invention. Instead of focusing on the mechanical philosophy of everything occurring in nature, scientists now focused on observational and theoretical evidence. The invention of new objects thrived in this environment. The first computers, although mechanical in nature, were developed. Without this, I may not have been able to type this paper, or the printer print it. Even airplanes, a very typical and efficient transportation today, can be derived from Da Vincis drawings and ideas. Thousands of scientists and millions of students use the scientific method every day, in classes, production, and experimentation. Or perhaps we can look at Galileos telescope. This idea, which was incomprehensible for most at the time of invention, now lets us look light-years into the depths of space. The humanist philosophies did not discar d religion, though. 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It concerned expectations of families and communities, not just the longings of the couple. Shakespeare’s ‘Midsummer Night Dream’ gives us a clear view of a typical situation when couples fall in love and defy the rules. In the play there are four characters (Hermia, Helena, LysanderRead MoreHumanism and the Renaissance Arts1289 Words   |  5 PagesWhen discussing the Renaissance; the most intimate area of focus are, art and architecture. Although no one really talks about Renaissance being an obvious era of some of the greatest and most innovative masters of painting, sculptures and builders. Or even that It is also the most influential eras that marked the emergence of a great deal of Scholars, thinkers, writers and philosophers. Regardless the Renaissance (a French word for â€Å"rebirth†) was a much needed time for awakening, from the intellectual

Corporations Law Satin Co.Ltd and Cotton Ltd

Questions: Question 1: Cotton Limited holds 89.5% of the shares in Satin Co Limited. The remaining shares are held by Silk and several other small investors. The Board of Satin wants the company to become a wholly owned subsidiary of Cotton Limited as they expect this will result in both taxation benefits and a saving on accounting fees and administration charges of about $230,000. Cotton Limited offers to buy the shares held by Silk and other minority members but they refuse. Arrangements are made to hold a members meeting to pass a resolution changing the constitution of Satin by inserting a new clause 53 any member entitled to 80% or more of the issued shares may compulsorily acquire all the remaining shares. Silk and other minority members receive written notice of the company meeting together with a proxy form and a valuation certificate stating the shares were worth $2.50 each. Although the offer is fair Silk does not want to sell her shares and wants to start legal action to prevent the proposed alt eration to the constitution.Discuss whether she may succeed in her action. Would your answer be different if the real reason for compulsorily acquiring the shares from Silk was that she discovered operating a business in competition with Satin Co and was using information gained as a member to take away some of Satins business? Question 2: Polyester is a director of Style Pty. Limited involved in making womens clothing. Has she breached any duties under the Corporation Act in the following situations? Situation 1. She arranges with the companys bank to transfer an amount of $65,000 from the company account into a personal bank account held by her in her own name. She uses the funds to finalise some outstanding personal debts. Situation 2. As a director she receives information that the company is in a serious financial position. She arranges to transfer a larger amount of the assets of the company over a new proprietary company that she formed with the intention of caring on the same business. Situation 3. Contrary to a resolution of the Board and notwithstanding established business practice that limits credit to $20,000 she allows a trade debtor (who has a history of bad debts) to exceed its credit limits by $25,000. The debtor fails to pay the outstanding amount of $45,000. Can she rely on the business judgment rule in this situation? Answer: 1. In the present case, while 89.5% of the shares in Satin Co. Ltd. are being controlled by Cotton Ltd and the rest of the shares of the company are held by Silk and some other small investors. Now the board of Satin Co wants to make the company a wholly-owned subsidiary of Cotton. The purpose behind this move is expected tax benefits and also a saving in administration charges and accounting fee worth $230,000. An offer was made by Cotton Ltd to purchase the shares of the minority shareholders however they refused the offered. As a result, the majority decided to pass a resolution and change the constitution of the company with a view to insert a new clause number 53 according to which any member who has more than 80% shares of the company will have the power to compulsorily acquired the rest of the shares. The question that needs to be decided in this case is if the conduct amounts to oppressive conduct and what are the remedies that are available to Silk and other minority shareho lders of Satin Co Ltd.; The Corporations Act, 2001 (Cth) provides a number of rights to the shareholders. In this regard, a distinction has also been made between majority and the minority shareholders of the company. The reason is that some extra rights and remedies have been provided to the minority shareholders because it is considered that the position of the minority shareholders in the company is vulnerable. Among the remedies provided to the minority shareholders, there are the remedies of minority oppression, injunction, winding up order and statutory derivative action. Section 232, Corporations Act, 2001 provides a remedy for minority oppression. However, the shareholders also have certain personal rights, apart from these remedies that can also be pursued by them. On the other hand, the purpose of the remedy for minority oppression is to provide the minority shareholders of the company with an enforceable remedy against any prejudicial conduct to the interest of these shareholders. Oppressive cond uct, in context of shareholder remedies can be described as the conduct that is prejudicial or unfair towards the minority shareholders. A number of remedies have been provided to the minority shareholders in case these shareholders are facing oppressive conduct by the majority. It needs to be noted in this regard that the oppressive conduct includes any modification made in the Constitution of the company by the majority. Similarly, other examples of oppressive conduct can be the purchasing of the shares of the members, injunction, appointment of manager or receiver, regulating the affairs of the company and a winding up order. In the present case also, the board of Satin has decided to amend the Constitution of the company and introduce a clause according to which, any person who has 80% or more shares of the company will have the power to compulsorily acquire the shares of other minority shareholders. In view of the above discussion, it can be said that the above-mentioned statutory remedies can be used by the minority shareholders in case the rights of these shareholders are being infringed. The purpose of providing the statutory remedies to the minority shareholders is to overcome the problems that were related with common law. In case of the oppression remedy, relief can be sought by the minority shareholders of the company against the persons controlling the company. In this way, the directors of the company and the majority shareholders as well as the company itself can also be included in such persons against whom the minority shareholders can seek a remedy in case of oppression. This remedy can be used by the minority shareholders for any issue related with the way the affairs of the company are being conducted and also regarding any proposed or real act or omission or in case of a resolution or proposed a resolution that has been made by the majority shareholders of the co mpany and when such conduct can be considered as oppressive or is prejudicial to the minority shareholders or discriminates against them. As a result of the above said discussion, it can be said that Silk and other minorities shareholders of Satin Co Ltd can be prejudicially affected by the conduct of the majority in Satin Co with the introduction of a new clause in the Constitution of the company which gives the power to the party holding the majority shares to compulsorily acquire the shares of other members. The reason is that in such a case, the minority shareholders of Satin Co., including Silk can claim to be facing oppressive conduct. As a result the remedy for minority oppression that has been provided by the Corporations Act can be availed by these shareholders including Silk and as a result, it can be said that in this case Silk may be successful in action against the majority shareholders of Satin Co. however if it is found that Silk is operating a business that is in direct competition with Satin Co and Silk had been using the information that she received as a member of Satin Co to take away some business of Satin, the remedy may not be available to Silk. 2. A number of duties have been imposed on the directors. These duties have been imposed by the common law and also by the Corporations Act, 2001. The duties imposed by the common law includes the duty of care and diligence, to a bona fide, the duty not to act for improper purpose, duty to retain discretion, duty to avoid conflicts of interest and duty of the directors not to abuse corporate opportunities. At the same time, there are certain statutory duties of the directors that have been prescribed by the Corporations Act. These duties include the duty of good faith, duty of care and diligence including the business judgment rule, duty not to trade while insolvent, not to make improper use of information, not to make improper use of the position of the directors and certain other duties related with financial reporting. These duties need to be applied to the below mentioned situations in order to decide if the duties prescribed by the corporations act have been breached in this cas e or not. Situation 1 the Act provides that the directors should not use their position for an improper purpose. In this regard, improper purpose can include receiving an advantage by the director or defeating the voting power of the shareholders of the company by creating new majority. In this regard, an objective test needs to be applied in order to decide if the director has used his or her power for an improper purpose or not. For example, in case money has been borrowed, the substantiality of the alleged need to borrow money can be considered. Similarly if the power of the director has been used for an improper purpose, the company can declare such an action as being void. Section 181 of the Act prescribes the duty of good faith that needs to be followed by the directors.[11] In the present case, it can be said that as a director of Style Pty Ltd., Polyester has breached her duty as the director of the company when she arranged a transfer of $65,000 from the account of the company to a personal accou nt and used this money for dealing with some personal debt. Situation 2 The Act also prescribes the duty of the directors according to which they should not make improper use of their position. Therefore, the position of the director should not be used improperly with a view to gain advantage or to cause a detriment to the company. Therefore a director can be considered as liable for the breach of this duty that has been prescribed by s182 of the Act in case the director of the company is involved in conduct with a view to obtain improper advantage.[12] In this regard, it is immaterial if such advantage has taken place in reality or not.[13] Therefore when the director knows the unstable financial condition of the company and continues to act in this way, it can be considered that the duty prescribed by s182 has been breached by the director. Therefore in the present case, it can be said that Polyester has breached her statutory duty to act in good faith and in the interests of the company. Situation 3 The Corporations Act also imposes a duty on the directors and other officers of the company got into which they should exercise the powers and discharge the duties with care and diligence. This duty has been prescribed by section 180 of the Act. The care and diligence that the directors should exercise should be of the same level as would have been exercised by any other reasonable person. Therefore it is the duty of the directors to satisfy the duty of care and diligence that has been imposed by them on the statute while exercising a particular business judgment. However in order to avail the defense provided by the business judgment rule, it is required that the judgment should be exercised in good faith, director should not have any personal interest in its subject matter and at the same time, the director should inform himself or herself regarding the subject matter of such judgment to the extent that is considered appropriate and at the same time, it must be rationally believed by the director that the business judgment is in the best interests of the company. As the above mentioned the conditions do not appear to be fulfilled in the present case, Polyester cannot use the defense provided by the business judgment rule and she can be held liable for breach of her statutory duty. References Baxt, R., and Fletcher, K.L., Fridman, S., 2008. Corporations and Associations Cases and Materials on, Butterworths, Australia, 10th edition Ciro T, Symes C, 2009. Corporations Law in Principle LBC Thomson Reuters, Sydney, 8th edition Davenport, S and Parker D, 2012, Business and Law in Australia, Thomson Reuters Fitzpatrick, Synes, Veljanovski, Parker, 2011. Business and Corporations Law; LexisNexis 1st edition Hanrahan, P., Ramsay I., Stapledon G., 2010, Commercial Applications of Company Law, CCH 11th edition Pentony, Graw, Lennard Parker, 2011, Understanding Business Law 4th ed Butterworths. Case Law Allen v Gold Reefs of West Africa Ltd (1900) 1 Ch 656 Australian Trade Commission v WA Meat Exports Pty Ltd (1987) 11 ALD 52 AWA Ltd v Daniels (1992) 7 ACSR 759 Gambotto v WCP Ltd (1995) 13 ACLC 342 Granby Pty Ltd v FCT (1995) 129 ALR 503 R v Byrnes (1995) 130 ALR 529 Statewide Tobacco Services Ltd v Morley (1990) 2 ACSR 405 Wayde v Rugby League Ltd (1985) 3 ACLC 799 Answer: