private placement of shares as compared with a public issue. (1 mark) 3. The shareholders of Quinninup Ltd hold 25 000 A class ordinary shares‚ fully paid at $4.50 each. On 17 April 2012‚ the company directors voted to make a 1 for 5 rights offer to these shareholders. The additional shares were offered at $1.75 each‚ payable in full one month after acceptance. The offer closed on 31 May 2012 with 90% of the shareholders accepting. Shares were duly allotted on that date and all monies were received
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Why Later is Better In life‚ problems are presented every day; what should be done about the national debt‚ what should be done about North Korea spinning out of control? These problems typically all have a simple to complex answer. Whether the answer is easy or difficult; research is compiled and shows the positives and negatives leaving an answer to the problem. Likewise‚ it is no different with the question should high schools be starting later? Students are what fuel high schools‚ but high schools
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we are going to explain the role of shareholders‚ directors and partners in the different types of business; and then we will see the importance of legal constraints on decision making within business organisations. 1- THE ROLE OF THE SHAREHOLDERS: There are no shares in the sole trader and partnership ownership; that is why shareholders do not apply in these two types of businesses. In Private Limited Companies‚ there must be at least two shareholders but no maximum number. The principal
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Though this is the case‚ diethylamine is a stronger base than aniline because of the benzene ring attached to it. The benzene ring is electron withdrawing making it a stronger acid (and weaker base) than the electron- donating ethyl groups that are weaker acid (stronger base). Comparing aniline which is an aromatic amine and benzyl amine‚ which is an aliphatic amine‚ benzyl amine or aliphatic amines in general are stronger bases than aromatic amines. Also‚ it is because in aniline‚ the lone pair
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Women make better parents than men and this is the reason why they have the greater role in raising children in most societies. Others claim that men are just as good as women at parenting. Introduction A quality relationship between parents and their children is the most important thing in a family and in children’s development. For parents‚ the most precious asset of their life will always be their children. As a result‚ their priorities will be to raise their children’s to become better people
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Old is Better than New My brother-in-law Marcus loves antiques. That was the main reason why his grandmother left him an old cupboard in her will. He had often admired it in her home and told her how much he liked it. The cupboard is now in Marcus’ house‚ where it gives character to the cloak-room. It is a traditional Swedish cupboard‚ hand-made over 200 years ago and painted in the rustic style that was characteristic for the taste of the countryside people of that time. Its colors have faded
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November 6‚2012 1. Conditions for profit maximization are: a) Difference between total revenue (TR) and total cost (TC) is maximized; b) Marginal revenue (MR) should be equal to marginal cost (MC) Explanations: If we assume that the company is facing a downward – sloping curve and it produces just one single product a) Profit = TR – TC. Profit will increase if TR increases and TC decreases. If company wants profit maximization‚ it should be TR maximization and TC minimization. The maximized
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designed to increase its profits so long as it stays within the rules of the game‚ which is to say‚ engages in open and free competition‚ without deception or fraud.” Friedman did not support firms acting illegally‚ unethically‚ or immorally; he believed the goal of firms was to maximize shareholder wealth within the legal boundaries of society. Government and citizens should assume their rightful roles by setting and maintaining those limits. Several concepts prove why the ethical responsibility
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The original intended purpose for a government system was to provide laws that would maintain a near peaceful society. However‚ since there are many people in the world with different point of views‚ there will be many debates regarding the use of the government to intervene with many aspects of society. The two most used terms that are very carelessly thrown around to categorize these points of views are liberalism and conservatism. Liberalism is the ideology of trying to reach equality with personal
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Abstract Why women make equal or better leaders than men. Just the thought that women make equal or better leaders than men stirs an immediate controversy. Both men and women know they will offend or step on many toes‚ especially those men who believe that it’s a man’s world. Everything considered equal‚ consider the thought. Although there are not any concrete studies on domestic leadership‚ there are examples throughout history that suggest‚ at least without her support‚ his career
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