It is quite complicated to incorporate the GAAP criteria to the contract. The contact does not clearly identify what the $5‚000‚000 fee is for. One can imply that it provides PACE the exclusive rights to show these films in their own theatres. If that was the case then the $5‚000‚000 is realized when the contract is signed however $2‚500‚000 is earned at the time of signing the contract and the remainder is not earned until PACE uses these rights for six months. They will recognize it as revenue
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Ameritrade’s Cost of Capital Harvard Case Study 1. What factors should Ameritrade management consider when evaluating the proposed advertising program and technology upgrades? Why? One factor that is significant and pertinent to this case is determining the cost of capital that should be employed for Ameritrade. An appropriate discount rate is required to derive the net present value of the advertising program and technology upgrades. With that said‚ estimating future cash flows
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CompTIA N10-004 N10-004 Network+ (2009) Practice Test Version 7.0 CompTIA N10-004: Practice Exam QUESTION NO: 1 After adding a new cable segment to the network‚ the technician should: A. Update the disaster recovery plan. B. Document the changes in the business continuity plan. C. Update the wiring schematics. D. Create a new baseline document. Answer: C QUESTION NO: 2 Which of the following devices can be used to breakup a broadcast domain? A. Unmanaged switch B. Router C. DHCP server
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Steven Thel Fall 2012 Contract An oral or written agreement between two or more people‚ an exchange relationship‚ at least one promise‚ enforceable. Mutual Assent each party must intend to enter the contract and must agree to do so on mutually agreeable terms. Assent is legally sufficient if each party‚ by the deliberate use of words or conduct‚ manifests agreement to be contractually bound. Lucy v. Zehmer joke and intoxication was not enough to get Zehmer out of a contract that Lucy took seriously
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Clearinghouse 6-17-2008 Science‚ Technology and Society Initiative Case study: Misleading satellite data contract Steven Cox Queens University - Charlotte Shawana Johnson Global Marketing Insights Recommended Citation Cox‚ Steven and Johnson‚ Shawana‚ "Case study: Misleading satellite data contract" (2008). Ethics in Science and Engineering National Clearinghouse. Paper 280. http://scholarworks.umass.edu/esence/280 This Case Study is brought to you for free and open access by the Science‚ Technology
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2nd of feb CASES MALLIK V BCC: Malik and Mahmud v Bank of Credit and Commerce International SA [1997] UKHL 23 is a leading English contract law and UK labour law case‚ which confirmed the existence of the implied term of mutual trust and confidence in all contracts of employment. Facts: Mr Malik and Mr Mahmud both worked for the Bank of Credit and Commerce International. BCCI went insolvent due to massive fraud‚ connection with terrorists‚ money-laundering‚ extortion and a raft of other criminal
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Goldsbrough Mort v Quinn A promise to hold an offer open for a time is not enforceable (as there is no consideration). BUT option contracts have consideration for the promise Mobil Oil Australia v Lyndel If the performance of a unilateral contract has commences the offeror can revoke it but there may (Depending on circumstances) be an implied ancillary (side) unilateral contract to not revoke it which you would be in breach of Stevenson‚ Jaques & Co v McLean Inquiry as to a method of payment is not a rejection
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The case scenario starts off by stating that two employees of the hospital engaged in an exclusive contract. Since Ortiz agreement was to provide services to individuals in rural communities it ended up lowering the fees for the anesthesiologist so he decided to renegotiate his contract with the hospital which breached his original contract between the two of them causing the anesthetist services with the hospital. In turn leading to a lawsuit filed sharing that there was a violation made regarding
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Privity of Contract LGST101 Business Law Professor George Shenoy Group Members: Ue Mu En‚ Esther Goh Yue Lin‚ Sylvia Fong Li Chu Sabina Sun Chao Ng Shi Ya 1 Content Page 1. Case Summary 2. Can Brad sue Jennifer? 2.1 2.2 2.3 2.4 Validity of Contract Breach of Contract Brad cannot sue Jennifer Brad can sue Jennifer 3. Can Angelina sue Jennifer? 3.1 3.2 Angelina cannot sue Jennifer Angelina can sue Jennifer 3.2.1 3.2.2 3.2.3 Contract (Rights of
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and received some payments. The Government subsequently stopped its subsidy scheme and the Plaintiff sued the Government for subsidies it claimed it was due. Rules There was no contract. The statement made by the Commonwealth was not offered as consideration for the plaintiff buying the wool. The Court stated that in cases such as this: ‘… it is necessary‚ … that it should be made to appear that the statement or announcement which is relied on as a promise [here the subsidy statement] was really
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