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This "indoor management rule" or the "Rule in Turquand's Case" is applicable in most of the common law world. It originally mitigated the harshness of the constructive notice doctrine, and in the UK it is now supplemented by the Companies Act 2006 sections 39-41.
The harshness of the doctrine of constructive notice is somewhat reduced by the "Rule of Indoor management" or "Turquand's Rule". The rule derives its name from the case of Royal British Bank v Turquand, where the defendant was the liquidator of the insolvent Cameron's Coalbrook Steam, Coal and Swansea and Loughor Railway Company.
Completed staff work is a principle of management which states that subordinates are responsible for submitting written recommendations to superiors in such a manner that the superior needs to do nothing further in the process other than to review the submitted document and indicate approval or disapproval.
The report states that after the luxury market's sales ratio percentage for single-family homes was 22.3% in 2023, representing a seller's market, it had moved to 19.4% in 2024, representing a ...
It’s estimated that nearly 5% of Americans above the age of 12 live with hypothyroidism, a condition that occurs when the body experiences a deficit of thyroid hormone.. The thyroid gland ...
Carlos Alcaraz defeated Alex de Minaur 6-4, 3-6, 6-2 in the final of the Rotterdam Open on Sunday, claiming a first indoor trophy of his career alongside titles on grass, clay and hardcourt.
Legal jurisdictions which provide for apparent authority include the United States, the United Kingdom, Australia, Canada and South Africa.The doctrine of apparent authority is based on the concept of estoppel, thus, it prevents the principal from denying the existence of agency to a third party, provided that a representation, as to the agent's authority, has been made by him to the third ...
Carlos Alcaraz secured his first indoor title by beating Alex de Minaur in the final of the Rotterdam Open on Sunday. The top-seeded Alcaraz won 6-4, 3-6, 6-2 to become the first Spanish champion ...