Question 1 James runs a single director proprietary company called Jamboos Pty Ltd a) Explain the rules that Jamboos must operate under and James’ powers under the Corporations Act. In Corporations Act‚ S198E‚ 201F and 202C contain certain provisions that govern the operation of single director companies. These provisions apply whether or not the single shareholder company has adopted a constitution which include: The director may appoint another director by recording the appointment and signing
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Obesity in children and adolescence has become a major issue throughout America. Parents do not realize the health problems that their children have or will acquire later on in life. Obesity is a huge health issue‚ although it can be avoided by children becoming more active‚ changing their diet‚ or even taking away their video games. Children do not know any better‚ therefore‚ when parents over indulge them; eating large amounts becomes a learned behavior leading to obesity. Parents should encourage
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The problems and solutions of packaging and waste I. Introduction "In 2008‚ an estimated 10.7 million metric tons of packaging waste disposed of in the UK (department of environment‚ food and rural affairs‚ 2008.( If this continues‚ the environmental impact could be catastrophic"( Wittenberg‚ 2009‚ p. 101). The purpose of this paper is to analyze the problems and solutions of packaging and waste. According to Hopewell at all (2009). He mentions that plastics are cheap‚ not dense and tough
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of precedence and has two aspects: 1) definitional or substantial – the principle of law is found in the precedence called the ratio decidendi: the narrowest and necessary legal principle upon which a legal decision was based. This is the aspect of the case that binds future courts and must be followed. 2) Structural: what precedent cases must be followed. Rupert Cross wrote a book called “precedence in legal law” and described the structural component of the stare decisis as “every court is bound
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FIN 350 Prof. Porter Problem Set 4 1. Describe what happens to the total risk of a portfolio as the number of securities is increased. Differentiate between systematic risk and unsystematic risk and explain how total risk and systematic risk are measured. As the number of securities increases‚ the total risk of the portfolio decreases. This decrease occurs due to the benefits of diversification which is the process of acquiring a portfolio of securities that have dissimilar risk-return characteristics
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COMPANY LAW – EXAM NOTES Incorporation and Its Effects S117 - All companies must register with ASIC S118 – All companies must have a Number S119 – Once the company is registered with ASIC‚ the company has a separate legal existence. Separate Legal Entity The separate legal entity notion is shown in Salomon v Salomon where a company shareholder is limited to the amount of share capital they have contributed and they can not be held personally liable for the dealings of the company. This notion of
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(b) The latest allowable time (TL) for them‚ (c) The slack values‚ (d) The critical paths‚ and (e) The probability factor for completing the project in 30 weeks. [pic] [pic] SOLUTION: [pic][pic] [pic] (iv) Critical Path 1–2–4–6–7–9–10 = 28 weeks. Vcp = 2 and σcp = 1.41 (v) The probability factor for completing the project in 30 weeks. Z = (X – μ)/σ where X = 30 weeks‚ μ = 28 weeks
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Discussion Question 1. On 1 Jan 2009 a V and P entered a standard form contract for sale of property in SYD‚ with special condition that the “sale is subject to P completing the sale of his existing home in Brisbane by 1 June 2009” but no time for completion is specified and clause 29 of 2005 Standard Form is deleted. (Standard Form: completed with in 42 days of existing contract/ exchange of contract? Hence the qtn scenario means it’ll be deleted.) Is there a binding contract for SYD before
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12/31 Inventory-Income Statement (Cost of Goods Sold) 487‚500 12/31 Inventory (Balance Sheet) 487‚500 To eliminate unrealized intercompany profit in inventory Exercise 6-2 Reported Net Income- S Company $ 525‚000 Noncontrolling Interest Percentage 0.20 Noncontrolling Interest in Net Income $ 105‚000 Exercise 6-3 2011 Reported net income $ 30‚000 Unrealized intercompany profit included therein =
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Student Name: Grade: Problem Set 1-A For National Income Accounting and the Balance of Payments Multiple Choice Questions (Please read all the choices) (Each question is 3 points) Mark the correct answer 1) Which one of the following statements is the most accurate? A) GNP plus depreciation is called net national product (NNP). B) GNP less depreciation is called net national product (NNP). C) GNP less depreciation is called net factor product (NFP). D)
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