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duty owed

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See: duty, obligation


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There are a number of situations that could put the interest of a director in potential conflict with the duty owed to a company - examples include where a director is a director of another company that is a competitor of the company in question or where the director represents a shareholder of the company.
In most states, therefore, passengers are owed an even greater duty than the duty owed to people at railroad crossings.
The change was made in an attempt to help first time buyers onto the property ladder, with no stamp duty owed unless a house changes hands for more than pounds 120,000.
 
 
 
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