z LawVariation of contract The issue here is whether the variation of the contract is valid. Generally‚ if the contract itself clearly allows for the variation‚ the variation will be binding. However‚ if the contract does not clearly provide for variations‚ for the variation to be valid‚ both parties must agree to the changes and the following must be present. EITHER Fresh consideration If there is fresh consideration for the change or variation‚ the change or variation will be valid. This means
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NEGLIGENCE According to common law‚ “negligence is defined as a conduct that fall below the standard of care necessary to protect other from unreasonable risk of injury”. The legal issue is whether […….] can successfully sue […….] for negligence. In order to know whether the defendant commit negligence or not‚ 4 elements must be satisfied‚ including 1) Duty of care (DoC)‚ 2) Breach of the DoC‚ 3) Causation and 4) Remoteness. 1) DUTY OF CARE Case 1: PHYSICAL INJURY: The first element to be proven
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The net present value (NPV) rule can be best stated as: An investment should be accepted if the NPV is positive and rejected if it is negative. The discount rate that makes the net present value of investment exactly equal to zero is b. Internal rate of return. Which of the following statements is true? If the financial manager relies on NPV in making capital budgeting decisions‚ she acts in the shareholders’ best interests. Net present value is equal to zero when the interest rate used to discount
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M&A & Restructuring Strategies. Merger: Two Firms agree to integrate operations on relatively equal basis(usually 1 dominates another in mkt share/size/asset value) Hostile takeover: (delivers higher shareholder value than friendly acquires)(Preannouncement returns of hostile takeover anticipated with increase in bidder & target’s share price). Diversification creates value by using excess resource. Restructuring used to correct with ineffective mergers/acquisitions. M&A used as means of growth to
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Perfect Competition: 1. Same product + No barriers to entry + No NPCF easy to switch. 2. Increase P slightly above market P‚ no sales demand is perfectly elastic. 3. D curve is horizontal at the P determined by the intersection of market S&D curves Profit Maximzing decision 1. Since MR=MC 2. Set P (price) = MC 3. MR curve = Demand curve 4. Firms can sell all they want at this market price Q* is the profit maximizing level of output. 1.For output < Q*‚ P < MC. Increase output
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Statistics – body of principles and procedures developed for collecting‚ summarizing‚ and interpreting data Chapter 1 – Distribution – describes what values the variable takes and how often – Pie Charts/Bar Graphs – categorical – Histograms/Stem plots – quantitative – Data set has info on number of individuals – For each individual‚ data gives values for variables – When looking at graph… o Center – middle of data o Shape – symmetry or skewed o Spread – range of data Chapter 5 –
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ASSIGNMENT #2: LEVELS AND MODE OF COMMUNICATION The Levels of Communication: A Cheat Sheet Nan Peck‚ Northern Virginia Communication College Phatic Communication: Using conventional messages to establish rapport‚ to break the ice‚ and/or to end a conversation. You might hug‚ kiss‚ shake hands‚ bow‚ smile‚ make eye contact‚ and face one another. We exchange pleasantries by using cliches. Clichés are overused expressions that have lost their original (content) meanings and have taken on new relational
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Kavin Chinnasamy BADM 375 Cheat Sheet Queues form due to variability in arrival times‚ service times & service availability. Impact of variability increases as utilization increases! (throughput goes up or capacity goes down). Little’s Law: I = R x T (congestion = arrival rate x delay). Little’s Law is I = R*T (where I = avg inventory‚ r = throughput rate‚ t = avg flowtime). Delay explodes as the arrival rate approaches the system capacity: Delay ≈ 1/(capacity–arrival rate). The utilization
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Chem 1406 Isolation of Casein Report Sheet Name Melanie Black-Van Wright Date 11/10/14 Partner if applicable Part I: Observations of formation of casein precipitate The milk began to curd. As the curd increases the milk appeared more clear at times. Mass of casein 1.65 g Part II: Test tube Observation of CuSO4 biuret Test Test Results (+ or -) Casein Solution turned violet + Egg white solution turned violet + Water solution turned blue - Sugar solution turned blue - Postlab Questions 1.
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The Control Matrix A tool designed to assist in analyzing the effectiveness of controls‚ PCAOB Auditing Standard Number 5 – “Effectiveness of Control Design” Establishes the criteria to be used in evaluating the controls in a particular business process Steps in Preparing a Control Matrix STEP I: Specify control goals 1. Identify the Operations Process Control Goals -Effectiveness goals -Efficiency goals -Security goals 2. Identify Information Process Control Goals -Input Goals -Update Goals Operations
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