defined as a voluntary assumption of obligation .In order to establish a contract there must be an offer followed by an acceptance. In order to see whether the parties have come to an agreement the court would look at the intention of the parties. Intention will be looked at objectively .In applying the objective test the courts consider whether the reasonable person in the other parties’ position would conclude that there was an intention to enter in to an agreement. A good example of the application
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Shares-A share is the interest of shareholder in terms of money in the business represented as a liability on the company. In the words of Justice Farewell‚ “The interest of a shareholder in the company measured‚ by a sum of money for the purpose of liability in the first place‚ and the interest (dividend) the second‚ but also consisting of various covenants entered into by the shareholder inter se.” It defines the relation between the company and shareholder. Shareholders are the real owners of
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2.5 Demonstrate your understanding of the ABCDEF‚ indicating how you would apply it in counselling. The ‘ABC framework’ was created by Albert Ellis in the 1950’s and is mainly used by counsellors who use Rational Emotive Behaviour Therapy (REBT) or Rational Emotive Therapy (RET). It is also used by some Cognitive or Cognitive Behavioural therapists. ABCDEF are acronyms for the sequential method of working through these types of brief psychotherapies. The ABC method of working with people can
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parties making an offer and its acceptance by the other party. Both offer and acceptance create an agreement. In simple contract should first contain an offer made by one party to the other. What is an offer? As per Sec 2(a) of the contract act “When one person signifies to another his willingness to do or abstain from doing anything‚ with a view to obtaining the assent of that others to such act or abstinence is said to make a proposal”. The word offer of the English law
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International Research Journal of Finance and Economics ISSN 1450-2887 Issue 20 (2008) © EuroJournals Publishing‚ Inc. 2008 http://www.eurojournals.com/finance.htm The Impact of Dividend Policy on Shareholders’ Wealth R. Azhagaiah Faculty Member‚ Department of Commerce Kanchi Mamunivar Centre for Post Graduate Studies (Autonomous) (Govt. of Puducherry) Affiliated to Pondicherry Central University Puducherry – 605 008‚ South India E-mail: drrazhagaia@ yahoo.co.in Tel: ++91-0413 – 2255017; Fax:
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What would you do if you won $500‚000? If you won $500‚000 in the lottery‚ what would you spend it on? There are a lot of different ways that people would choose to spend this money. Some people would choose to spend it on themselves‚ others would choose to give it all away to charity. The way I would spend it would be a mixture of the two. (67) First‚ I would take $250‚000 and put it in the bank. If it is in the bank for a while‚ it will draw around four to five thousand dollars in interest
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Imagine walking to a sidewalk corner and finding a public bicycle. With a cellphone call or swipe of a card‚ you unlock it from its bike rack and ride it across town. Once at your destination‚ you steer to the closest bike rack and‚ with one more call or card swipe‚ return the bike to the public network. You pay less than $.50 for the trip‚ and the bike is once again available for the taking. Bike-sharing already exists in cities across Europe‚ revolutionizing transportation networks and greening
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2. How would you describe your country or region and the people who live there? Although it is often cited that Moldova is the poorest country in Europe‚ it is a beautiful country with a fascinating history‚ culture and people. Its lush green hills‚ dense forests‚ and the wonderful sunflower fields are a treat to the eye. Vineyards and orchards occupy the biggest part of the country and the land is very fertile. Moldova has enriched its own culture adopting and maintaining some of the traditions
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4. How would you describe your child’s school experience to date? Jennifer started off in Thacher Montessori preschool‚ a school that believes children are naturally inquisitive and can learn anything in a supportive environment. It was important that Jennifer get a foundation in learning to think critically and collaboratively in an environment that emphasized integrity‚ respect for oneself‚ others‚ and the environment. After preschool‚ Jennifer enrolled in our local school‚ Squantum Elementary
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Assume that you are given a set of cash flows on a time line and asked to find their present value. How would you choose the discount rate to apply to these cash flows? abcdefg 2. Consider a one-year‚ $18‚000 CD. a. What is its value at maturity if it pays 8.4 percent (annual) interest? b. Compute the future value if the CD pays 3.2 percent; if it pays 16.8 percent. Overall‚ what do these results indicate about the relation between level of interest and future value? c. The First National
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