com for questions or additional permissions. ENRON CORPORATION’S WEATHER DERIVATIVES (A) Everybody talks about the weather‚ but nobody does anything about it.1 In October 2000‚ Mary Watts‚ the chief financial officer of Pacific Northwest Electric (PNW)‚ a utility servicing the Pacific Northwest region of the United States‚ reviewed the financial plan for PNW’s 2000–01 forthcoming winter season. Winter temperatures affected the firm’s revenues: the colder the season‚ the greater the electricity
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What Would You Do? Episode __ : Helping the Homeless I. Relate the video to conscience Conscience‚ as defined by the Merriam – Webster Dictionary‚ is “the part of the mind that makes you aware of your actions as being either morally right or wrong”. It’s that tiny voice inside your head that tells you if what you’re about to do‚ what you’re doing or what you’ve done is essentially right or not. A lot of people nowadays tend to ignore this for fear of being ridiculed or judged by other people‚ even
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What is Contract? Discuss Essentials of Contact. According to Section 2 (h) of the Indian Contact Act‚ 1872‚ "A contract is “an agreement enforceable by law”. A contract therefore‚ is an agreement the object of which is to create a legal obligation i.e.‚ a duty enforceable by law. From the above definition‚ we find that a contract essentially consists of two elements: (1) An agreement and (2) Legal obligation i.e.‚ a duty enforceable by law. As per section 2 (e) "Every promise and every set of
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o holoenzyme: the functional compound formed by the combination of an apoenzyme and its appropriate coenzyme o zymogen: Some enzymes‚ mostly digestive enzymes‚ are originally secreted from the organ of production in a structurally inactive form o activation energy: the energy required for a molecule to form an activated complex; in an enzyme-catalyzed reaction‚ corresponds to the formation of the activated enzyme substrate complex o enzyme-substrate complex (E-S):
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What Would You Do to Be Successful Being a kid with a learning disability can be stressful and challenging in everyday school. I can understand the benefits of online schooling‚ because I experience what the students with learning disabilities go through on a daily basis. Online schooling benefits students that want to get done with schooling early‚ students with with learning disability‚ and some students that wanna be successful in life more. Students at Mona Shores would benefit more
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measures to support a UN system fellowships evaluation framework Table of contents I. II. INTRODUCTION....................................................................................................................................... 1 WHAT IS EVALUATION?........................................................................................................................... 2 1. DEFINITION .............................................................................................
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Enron : Questionable Accounting Leads To Collapse History ENRON CORPORATION. Enron‚ a corporation headquartered in Houston‚ operated one of the largest natural gas transmission networks in North America‚ totaling over 36‚000 miles‚ in addition to being the largest marketer of natural gas and electricity in the United States. Enron managed the world’s largest portfolio of natural gas risk management contracts and pioneered innovative trading products. The company was on Fortune’s
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OPEN UNIVERSITY SCHOOL OF LAW COMPUTER No. 21110141 LARRY HORE NJUNGU BACHELOR OF LAWS (LLB) COURSE: CONTRACT LAW (LL 12) LECTURER: GREENWELL LYEMPE ASSIGNMENT No. 2 SECOND YEAR‚ 2ND SEMESTER MOBILE: 0977 666160 CONTACT ADDRESS: PLOT 3601/4‚ MAPEPE ROAD‚ OLYMPIA PARK‚ LUSAKA TASKS: (i) Purpose of contractual remedies and whether they serve their intended objective (ii) Relationship between agency and principal (ii) Misrepresentation in the sale
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Lesson Learn From Enron and Arthur Anderson The story of Enron and Arthur Anderson is a tale of great dishonest within the American Global financial system. Arthur Anderson L.L. P once one the highest paid accounting firms in the U.S now in shamble after a U.S. lawsuit. Enron once named “America’s Most Innovative Company” by Fortunes magazine. Two or the countries best companies‚ now the country most well know financial debacle The lesson that was learned in Arthur Anderson and Enron financial
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Temuujin Enkhbold Enron Fraud Once the seventh largest company in America‚ Enron was formed in 1985 when InterNorth acquired Houston Natural Gas. The company branched into many non-energy-related fields over the next several years‚ including such areas as Internet bandwidth‚ risk management‚ and weather derivatives (a type of weather insurance for seasonal businesses). The Enron fraud case is extremely complex. Some say Enron’s demise is rooted in the fact that in 1992‚ Jeff Skilling‚ then president
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