TUTORIAL 2 1. Ali and Abu were neighbours. Ali had to go to Singapore for a business seminar. Before he left‚ he told Abu “Please look after my house”. After two weeks of being away‚ Ali’s house caught fire and Abu could only save a briefcase containing RM30‚000. When Ali returned home‚ he thanked Abu for saving his briefcase and promised he would pay Abu RM2‚000 for what he had done. Later‚ Ali refused to pay what he had promised. Advise Abu. Referring to section 2(d) of Contracts Act1950
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Chapter-1 Abstract of title:-An abstract of title is a historical summary of the publicly recorded documents that affect a title. The abstract of title lists all of the legal actions that have been performed or used in conjunction with a piece of property. Deed:-Deed is a legal document that grants the bearer a right or privilege‚ provided that he or she meets a number of conditions. Usually title is conveyed from one person (the grantor) to another (the grantee) by means of a written instrument
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Master of Business Administration- MBA Semester 2 MB0045 –Financial Management - 4 Credits (Book ID: B1134) Assignment Set- 1 (60 Marks) Note: Each Question carries 10 marks. Answer all the questions. Q1. Show the relationship between required rate of return and coupon rate on the value of a bond. Answer : . It is important for prospective bond buyers to know how to determine the price of a bond because it will indicate the yield received should the bond be purchased. In this
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Project report LIC House loans and othe type of policies Submitted By: Raju Somani Life Insurance Corporation Company Brief LIC Housing Finance Ltd. (LICHFL) is one of the largest housing finance companies in India. Almost 93% of the company’s loans are to retail customers and the balance 7% to project developers. The promoter‚ namely LIC of India‚ meets 8% of the total fund requirements
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Vietnam National University – HCMC International University SCHOOL OF BUSINESS ADMINISTRATION COURSE SYLLABUS BA016IU Fundamentals of Financial Management 1. COURSE STAFF Lecturer: Ms. Phan Ngọc Anh‚ MBA Room: #205 E-mail: pnanh@hcmiu.edu.vn Consultation hours: Thursday OR by appointment (preferred) Teaching Assistant: TBA Should the students wish to meet the staff outside the consultation hours‚ they are advised to make appointment in advance. 2. COURSE INFORMATION
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amount of income for both (a) and (b) above? John would have to account for all qualified business expenses and only net income will be taxable. Annuity payments are usually equal payments made over a course of time. In some cases it may be a few years or it may be even longer. What makes annuity payments preferable over lump sums is the fact that annuity payments are tax-free. They could also defer income tax liability by making contribution to the retirement fund. How is this lease reported on
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Tax Relief for Resident Individual Year 2010‚ 2011 & 2012 No. Individual Relief Types Amount (RM) 1 Self and Dependent 9‚000 2 Medical expenses for parents 5‚000 (Limited) 3 Basic supporting equipment 5‚000 (Limited) 4 Disabled Individual 6‚000 5 Education Fees (Individual) 5‚000 (Limited) 6 Medical expenses for serious diseases 5‚000 (Limited) 7 Complete medical examination 500 (Limited) 8 Purchase of books‚ journals‚ magazines and publications 1‚000 (Limited)
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CHAPTER 21 ACCOUNTING FOR LEASES IFRS questions are available at the end of this chapter. TRUE-FALSe—Conceptual Answer No. Description T 1. Benefits of leasing. F 2. Accounting for long-term leases. F 3. Classifying lease containing purchase option. T 4. Accounting for executory costs. F 5. Depreciating a capitalized asset. F 6. Lessee recording of interest expense. T 7. Benefit of leasing to lessor. F 8. Distinction between direct-financing and sales-type leases. F 9
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personal finance. Kunkel serves on the editorial boards for Managerial Finance and the Journal of Business and Economic Perspectives. He currently serves on the Oshkosh Area Community Foundation Investment Committee‚ on the UW System Tax Sheltered Annuity Review Committee‚ on the Board for the Bethel Foundation of Oshkosh‚ on the Lutheran Homes of Oshkosh Investment Committee‚ as the chair of the Asset-Liability Committee (ALCO) for the UW Oshkosh Credit Union‚ and as the faculty adviser of the UW
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IC 33 – Synopsis of Key concepts IC 33 New Course Prepared By : Sachin Kamath This is a summary of Important Concept / terminologies collected from every chapter of the new course ‚ based on Frequent questions which have been appearing in exam . To be used/ handed over as Retention / emphasised pointers after completion of chapters during IC 33 Refresher trainings . It can be used during Safaalya ‚ for understanding the reasoning of the correct answers given in the TEST Mode . Chapter
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