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| Teaching Since: | May 2017 |
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MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
true or false
1. * A partner in a firm which gives negligent advice may personally liable for the adverse consequences
2. * A director in a limited company will usually be held personally liable for the consequences of any advice s/he gives which is negligent
3. * A director in a limited company may be held personally liable for the financial consequences  of reckless trading by the company
4. * A limited company cannot be sued in the same way that a natural person can be sued
5. * A limited company has a separate legal identity from its owners and directors
6. * Partners in firms typically take out professional indemnity insurance policies against the risk of  giving negligent advice
7. * Professional indemnity insurance cover partners against bad business decisions
8. * The employees of a limited company are responsible for its debts
9. * The Crown in New Zealand is virtually the New Zealand governmentÂ
10. * Unless someone can show good title to land in New Zealand it must be owned by the CrownÂ
11. * Land ownership rules in NZ developed from rules under Feudalism in Europe
12. * In 1840 Maori had similar understanding of land ownership to the English system
13. * All land bought from Maori in the first decades of colonial rule was bought fairly
14. * A potential problem in interpreting Treaty of Waitangi concerned the fact that Maori believed by   signing the Treaty they confirmed what had been discussed up to that point but the English thought   that having signed the Treaty, whatever was discussed beforehand could be safely ignored
15. * The misunderstanding by the circumstances described in the previous question concerned the  English oral tradition compared to the Maori use of writing in the legal process
16. * The necessary criteria identified as being present to show a contract has been formed may also be   present in an agreement that is only morally binding except there will be no intention to create legal   relations in a purely morally binding arrangement
17. * The court will make a rebuttable presumption that in social or family arrangements there is   always an intention to create legal relations
18. * Unlike the position in Civil Law Countries there must be consideration present if an agreement is to   be legally enforceable in a Common Law country
19. * Law in Common Law countries developed mainly from written Roman Law established when the   Roman Empire ruled the land around the Mediterranean Sea.
20. * Separation of powers involves government, Parliament, and the judiciary whereby power is distributed   between all three entities to avoid too much power to be held by any one of them, essentially to avoid  excessive State control over citizens
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