IGCSE REVISION NOTES The basic economic problem: scarcity and exercise of choice . igcse economics - Scarce resources & unlimited wants This is the reason for the existence of this subject. In reality most resources are scarce. Similarly individuals and nations have unlimited wants. [pic] The Basics [pic] Scare Resources There are only a limited number of resources such as workers‚ machines‚ factories‚ raw materials etc. Yet there are a number of different ways in which they could
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1 – Partnership Ownership Changes & Liquidations - Heading Chapter 14: Partnership Ownership Changes & Liquidations 3 – Partnership Dissolution - #1 • Dissolution is a legal termination • UPA § 31 & 32: – admission or withdrawal of Pr results in Pp dissolution • When act of dissolution occurs‚ Prs may – continue business as new Pp or – liquidate 2 – Partnership Dissolution - Heading Partnership Dissolution 4 – Partnership Dissolution - #2 • Remember dissolution is not
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Mr. Hinds Brief Revision Booklet: How Successful was the League of Nations? 1 What were the main aims of the League of Nations when it was set up in 1920? * To maintain peace. * To discourage aggression from any nation. * To encourage countries to co-operate‚ especially in trade. * To encourage nations to disarm. * To improve living and working conditions in all parts of the world. * To encourage international co-operation. * To encourage collective security. 2 What part
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PAPer F3 revision notes June 2009 Examinations 1 ACCOUNTING CONCEPTS Fundamental Assumptions Fair presentation Going concern Accruals Consistency Materiality / Aggregation Relevance Reliability Faithful representation Substance over form Neutrality Prudence Completeness Comparability Understandability Separate entity Money measurement For latest course notes updates‚ free audio and video lectures and support please visit www.opentuition.com PAPer F3 revision notes June 2009
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Defamation of Character and its Defences Defamation of Character is an unjustified or untrue attack on a person’s reputation. The attack may be intentional or unintentional Must lower the person’s reputation‚ cause people to avoid him/her‚ or expose the person to hatred – may result in difficulty finding or keeping jobs‚ friendships etc. A person’s reputation who has been damaged due to defamation can sue for damages. Section 2b of the CORAF guarantees freedom of speech and expression yey people
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Companies A company is a distinct legal entity with its own income tax liability. It is a popular structure for business‚ offering limited liability and certain taxation advantages. The annual reporting requirements are much higher for a company structure. The owner of a small business can only take income from a company structure as wages (director’s fees) or dividends. If the company operates a motor vehicle for the use of the owner (director)‚ Fringe benefits taxation will apply.
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cos11π/12 cos(x/2) = ± √((1+cosx)/2) we use this Half-Angle Formula to evaluate it. Since in this question‚ 11π/12 is in the Quadrant II‚ so cos(11π/12) should be negative. cos11π/12 = – √((1+cos(11π/6))/2) = – √((1+(√3/2))/2) to simplify it‚ both sides multiply by 2‚ – √(((1+(√3/2))(2))/((2)(2))) = – √((2+(√3))/4) You should know what cos(11π/6) is‚ and you just plug in the number and you should get the answer. (√3 – i)-10 We are using De Moivre’s Theorem to solve this problem
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Resit Coursework 2008/09 Answer the following question In January 2009‚ Adam began preparations to form a company to bid for a contract to provide security services at the new Wembley stadium. The company would be called ‘Fortress Ltd’. In February 2008‚ Adam received a loan of £10‚000 from Pioneer Bank to finance the proposed company’s bid for the contract. A clause in the loan agreement stated: “By this agreement made between you ‘Fortress Ltd’ and ourselves‚ we ‘Pioneer Bank’ agree to lend
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Dim and Kim were interested in buying an oven from Siti who had two such ovens since she was closing down her business. Siti wrote to Kim offering the oven at $500 and said she would keep the offer open for 7 days. - THIS IS AN OFFER – OBJECTIVE TEST – CARLILL V CARBOLIC... VALID FOR 7 DAYS BUT CAN BE REVOKED AT ANYTIME BEFORE ACCEPTANCE – ROUTLEDGE V GRANT – NO CONSIDERATION PROVIDED BY KIM TO KEEP OFFER OPEN.- After 3 days‚ Siti wrote to say that she had gotten a better offer from magoo and that
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REVISION TECHNIQUES AND EXAM PREPARATION You’ve got exams coming up and you’ve taken the first step towards success‚ thinking about how you are going to prepare yourself. You should allow at least 6 to 8 weeks‚ but the sooner you start the easier it will be. This leaflet is designed to give you some helpful tips on revising and getting prepared for exams. If you would like further advice the Students’ Union provides workshops on exam preparation‚ revision techniques and exam anxiety as part
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