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decision making usually involves the use of one or more mathematical models. A mathematical model is a mathematical representation of an actual situation that may be used to make better decisions or simply to understand the actual situation better. The following example should clarify many of the key terms used to describe mathematical models. EXAMPLE 1 Maximizing Wozac Yield Eli Daisy produces Wozac in huge batches by heating a chemical mixture in a pressurized container. Each time a batch is
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RULES GOVERNING SHIPMENT BY SEA: HAGUE RULES‚ HAGUE-VISBY RULES AND HAMBURG RULES The nature of the Hague-Visby Rules was discussed by the House of Lords in The Hollandia [1983] AC 565 (HL). The plaintiffs (shippers) shipped a piece of road-finishing machinery on board a Dutch vessel‚ ‘The Morviken’‚ belonging to the defendant carriers to Bonaire in the Dutch West Indies. The bill of lading issued in England limited the carriers liability to Dutch Florins 1‚250 ($250) which was less than the 10
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DOCTRINE OF ULTRA VIRES-EFFECTS AND EXCEPTIONS CONCEPT The object clause of the Memorandum of the company contains the object for which the company is formed. An act of the company must not be beyond the objects clause‚ otherwise it will be ultra vires and‚ therefore‚ void and cannot be ratified even if all the members wish to ratify it. This is called the doctrine of ultra vires‚ which has been firmly established in the case of Ashtray Railway Carriage and Iron Company Ltd v. Riche. Thus the expression
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Duties of a Student As a student‚ we have duties. Without duties‚ we would all be snotty teenage students. Being able to recognize our duties is very important for the teacher. If we don’t follow our duties it would be chaotic for our teachers. The teachers would no longer desire to teach us. We would be left to fend for our education. We would end up being stupid cavemen or cavewomen‚ because all teenagers are lazy. Our duties as a student are to behave‚ be responsible‚ and be respectful
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SHC34 Principles for Duty of Care. Produce a short paragraph for each of the following tasks – 1.1Duty of Care. The term ‘Duty of Care’ means that you are responsible for the welfare of yourself and for the welfare of others too. If you ignore this‚ you are breaking the responsibility for the well-being of others. 1.1Explain what it means to have a duty of care in own work role. Within my work setting daily morning checks are carried out to ensure that the inside and outside environment is safe
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officers and directors duty of care under the corporations act and what consequences will be made if such breaches occur. Another issue is whether there have been any breaches of directors duties in relation to insolvent trading and what defences are available for directors who have breached their duties. And also what consequences are in order if such breaches occur. Issue 1: Breaches of a Director’s and Officer’s Duties under the Corporations Act. Director’s duties are supported by the
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v Craven‚(1853) 18 Beav 75. 15. Bhola Nath v Mul Chand‚ILR (1901-03) 25 All 639. 16. National Shipping Corpn of Saudi Arabia v Sentrans Industries Ltd‚(2004) 2 Bom CR 1. 17. John McCain and Co v Pow‚(1975) 1 All ER 129 (CA). 21. Moon v Whitney Union‚(1837) 43 RR 802. 22. Mason v Joseph‚(1804) 1 Smith KB 406. 23. Calico Printers’ Assn v Barclays Bank‚(1931) 145 LT 51 (CA). 25. Sellers v London Countris Newspapers‚(1951) 1 All ER 544 (CA). 26. Ayyanah Chetty v Subramania Iyer‚(1923) 45 MLJ 409. 27
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The Generals In my personal opinion‚ I think that the Generals assemblage was a great success. Many websites and a book that I have looked at said that the statue gives off a humorous feel than serious. Most serious sculptures would only depict one rider on a steed‚ whereas the Generals has two men (one being our country’s Founding Father and the other Simón Bolívar‚ the political and military leader of Venezuela). It is also to be noted that the way the horse is depicted in the statue--it is very
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The Exclusionary Rule Abstract This paper will present the Exclusionary Rule and the original intentions for its enactment. It will discuss the importance of the rule and how it is a protection against an unlawful search and seizure and a violation of the rights provided by the Fourth Amendment. Also‚ this document will display the history of the Exclusionary Rule‚ with its first appearance in the case‚ Boyd v. United States in 1886. Weeks v. United States will show a better-established‚
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