Critical Thinking Essay Example | Topics and Well Written Essays - 1000 words - 3

Critical Thinking - Essay Example Quoting those who support marine parks, he investigates the validity of their arguments, like the one that states that most Australians live in cities and cannot come across marine wild life except through such parks. However, Daly asserts that there are quite a number of places where city dwellers can afford to see wild life. In fact, such places are more in number than the number of marine parks. Moreover, most Australians need to travel more to the parks than to the natural surroundings which feature wildlife. Therefore, it is evident that there are a sufficient number of places where wildlife exists in Australia and most of them are accessible to Australians. Moreover, no one has to pay a costly fee to see the animals in natural surroundings – they are absolutely free. Daly contests another view propagated by scientists like Dr. Alison Lane, that people need marine parks so as to conduct scientific research on them. According to her most of the knowledge regarding marine m ammals were conducted at such parks. Daly quotes Jones to assert that such research is useful only as far the life of captive animals goes, and hardly useful for the life of wild animals. Even the biology and life habits of whales and dolphins change in marine parks. For instance, their diet habits are different, they have a lower life span and are more porno to disease. Their social behavior is also significantly different from wild animals, since they are trained at the parks, for providing entertainment for the visitors. Daly states that the research undertaken at marine parks are not reliable because of all these reasons. Daly attacks the view held by the Marine Park Owners association that marine parks attract a great number of tourists. But surveys prove that most of the tourists who visit Australia are drawn to its real wild life and natural

Eleanor's Shareholds in the Comany Assignment Example | Topics and Well Written Essays - 2500 words

Eleanor's Shareholds in the Comany - Assignment Example The director owes a fiduciary relationship to the company; the director has to exercise the duty of care in discharging his/her duty. In Re Smith and Fawcett Ltd, it was held that the directors were required to act â€Å"bona fide in that they consider – not what a court may consider – is in the interests of the company, and not for any collateral purpose. In RE: Marquis of Bute Case where a director who failed to attend a board meeting once in 38yrs was exonerated from being negligence. However, the company is free to impose a duty on directors to attend board meetings iii.The directors may delegate work to some official whose past record may not cast doubts and distrust may be exonerated on negligence on the ground that he exercises due care.this is illustrated in Dovey vs. Cory where it was held that the director was not liable for negligence as he had failed to verify company accounts. It, therefore, implies that the directors can promote the success of the company when he owes the duty of care avoiding negligence. However, the employee’s mistake cannot be bound to be that of directors provided he showed that he acted in good faith. 5. An accountant is a person who prepares the financial statement of a company in line with the IFRS.the quality of information should enable the users of accounts to make accurate and transparent judgments regarding the company’s financial statement. The reports or the books of accounts, for example, the balance sheet and income statement laid in, show the true and fair view of the company at a given period of time. Therefore, on a company’s board of director needs to have an accountant so that he can communicate the economic information to the non-accountant directors for decision-making.