Study Guides (248,160)
Canada (121,353)
Law (389)
LAWS 4209 (1)
all (1)
Final

Final Exam Preperation.docx

12 Pages
175 Views
Unlock Document

Department
Law
Course
LAWS 4209
Professor
All Professors
Semester
Winter

Description
FinalExamPreparationSamdoesnotliketheKanyeWestandKimKardashianBound2BasedontheProfsreviewtherewillbe3essayquestionsandoneproblemOneproblemquestion1DiscusswhethertheboardwascorrectinitsactionsinthecontextofCG002fromweek11ATAAnticorruptionlegislationwastheboardcorrectlycriticaltowardsmanagementofthecharitybasedontheregulations1WhatisacharityFirstacharityisatypeofnonprofitorganizationThatisitexiststoprovideabenefitotherthanprofitNotallNPOsarecharitieshoweverNPOsthatarenotcharitiesdonotreceivethesamebenefitsasthosewhoareTobeconsideredacharitytheorganizationmustapplyforstatuswiththeCRAandproveitisrunningwithacharitablegoalAFourpurposesofalegitimatecharity1Furtheranceofeducationnotprofessionalgroupsasdonationsbenefitthemembers2Furtheranceofareligion3Reliefofpovertyrelativepovertyienoincomecutoffandchangesovertime4AnypurposethatconfersapublicbenefitinthiscategorytheonusofproofisontheorganizationtomakeacaseforitseligibilityWhatisapublicbenefitdecidedatcommonlawmustbenefitentirecommunitysensitivetotimeandcontextcourtstrytoconsiderwhattheaveragepersonwouldandwouldnotcallacharityasawayoftestingwhetherornotstatusshouldbegivencourtswilllookattheobjectstatementofanorganizationtohelpdeterminePoliticalactivatesrelatingtopoliticalpartiesprocurementoflawchangeseitherdomesticallyorinternationallyprocurementofareversalofgovernmentpolicyordecisiondomesticallyorinternationallyacertainamountofpoliticalparticipationisconsideredlegitimateaslongasthoseactivitiesaresubordinatetothecharitableobjectsdependingonsizesmalltolargecharitiescanspend20inthecaseofsmallcharitiesand12inthecaseoflargeonpoliticalactivitiescharitiesmayhireanexternalcontractortoconductpoliticalactivitiesonitsbehalflobbyistforexampleBBenefitsofbeingaregisteredcharityundertheCRA1Givesdonorsaccesstotaxincentivesiecanissuetaxreceipts2Incometaxactintheformoftaxexemption3PropertytaxmunicipalgovernmentsprovidetaxreliefandoftenfullexemptionCIncorporatingundertheCNCAmustfirstsignarticlesofincorporationwhichincludesallrelevantdocumentsdirectorinformationregionsofoperationamongotheraspectsaarticlesespeciallyimportanttoNPOswhowantcharitablestatusrestrictionsofactionsthecorporationmaycarryonstatementofthepurposeofthecorporationstatementconcerningthedistributionofpropertyuponliquidationbbylawsdetailtheprocessthatgovernshowtheorganizationwillfunctioncpoliciesaretheinternalrulesoftheorganizationDRoleofActors1BoardofDirectorshighlydependentonthestageofthecharityatbirththerearegenerallynopaidpositionsienoCEOCFOetcwhilethecharityisintheadolescentstagedirectorswillparticipatemoreinthedailyoperationsandthisiscalledtheworkingboardastheorganizationgrowstheboardwillstepbackandfocussolelyongovernancewhileitisabletodelegateresponsibilitytoseniorofficersobligationsdiscloseconflictofinterestsobjectivestandardofcare2MembersattendtheannualmeetingandelecttheboardapproveofsaleofanypropertyofthecorporationbylawssetoutrightsandobligationsofmemberssuchasissuanceofandconditionsofmembershipterminationvotingrightsELiability1BothdirectorsandmembersareprotectedfromliabilityasthecorporationistheentitythatwillbeheldresponsibleTherearesomecaseswherethecorporateveilmaybepiercedinordertofindthedirectorsnotmemberspersonallyliablethedefenceistoshowthatthedirectortookduediligenceastheycannotbeheldliableiftheydidthisandactedingoodfaithPiercingthecorporateveilispossiblewhen
More Less

Related notes for LAWS 4209

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit