INSTRUCTIONS 1. Answer All Questions. 2. All questions carry equal marks QUESTION ONE Bahati and three of his friends recently retired from the civil service under the voluntary retirement scheme. They intend taking advantage of the on-going structured adjustment programmes (SAPS) by going into business. a) Advise them on the procedures they have to follow in order to register a public company limited by shares. (8 Marks) b) Explain how the procedures
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CONTRACT LAW IN GREAT BRITAIN AND THE USA Key terms and specific concepts I FORM Deeds‚ specialty contracts‚ contracts under seal (# simple contracts) Statute of Frauds 1677‚ s.4 Property Act 1925‚ s.1‚ s.40‚ s.136 ; 1989‚ s.1(3)(a)‚ s.2(1) Consumer Credit Act 1974‚ s.67‚ s.68 Uniform Commercial Code 2-201 ( 2-202 Parol Evidence Rule) Jinright v. Russell (1971) Mulford v. Borg-Wagner Acceptance Corp. (1985) II TERMS A) TERMS IMPLIED BY STATUTE Sale of Goods Act
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Taxation Law – Unit 7_Question 2 2. Crowbar Ltd has the following items of stock on hand at 30 June 2010. Its opening value for stock for items A‚ B‚ C on 1 July 2009 was: Units of stock A B C Valued at cost 18‚000 19‚000 11‚000 Its closing values for stock for items A‚ B‚ C on 30 June 2010 were: Units of stock A B C Cost $10‚000 $10‚000 $15‚000 Replacement cost $11‚000 $3‚000 $7‚000 Market selling value $14‚000 $2‚000 $18‚000 Part
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THE UNIVERSITY OF MELBOURNE MELBOURNE LAW SCHOOL CORPORATE LAW BLAW20001 2013 Subject Coordinator: Associate Professor Helen Anderson |A. WELCOME TO CORPORATE LAW | |B. INTRODUCTORY MATTERS | |C. LECTURE OUTLINE‚ READING GUIDE and TUTORIAL PROGRAM | |D. SKILLS ASSIGNMENT |
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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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Business Law Practice Questions MULTIPLE CHOICE (answers at bottom of page) 1. Paul filed a lawsuit for false imprisonment against Dan’s Bookstore. During a visit to Dan’s Bookstore‚ Dan stopped Paul as he left the store. Dan accused Paul of stealing a book from the store. After briefly looking into Paul’s shopping bag‚ Dan determined that Paul did not shoplift. He apologized to Paul and released him. On these facts‚ Dan will likely: a. b. c. win the case‚ because the shopkeepers’ privilege
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University of Phoenix Chris W. Poe LAW/531 Discussion Questions Maurice Rosano Discussion Questions 1. What is one way the U.S. legal systems affects U.S. businesses? Answer: There are several ways the legal system can affect businesses but the one way the U.S. legal system affect U. S. businesses are the antitrust law which changed the way businesses operate. This law controlled some a banned others in the way businesses compete/operate. This law would hinder business from competing
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Revision questions for NGC1 element 1 Foundations in health and safety These will probably be the first set of revision questions that you attempt. The questions are‚ as their name indicates‚ intended to help you revise the main points of each element. Having said that‚ many of the questions could also be found‚ little changed‚ in your Certificate examination. Past examinations Actual past papers must form an integral part of your revision programme as you prepare for the examinations; your
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ANSWERS TO AICPA QUESTIONS CHAPTER 10 INTELLECTUAL PROPERTY RIGHTS AND THE INTERNET 1. (a) Computer software is covered under the general copyright laws and is therefore usually copyrightable as an expression of ideas. Answer (b) is incorrect because copyrights in general do not need a copyright notice for works published after March 1‚ 1989. Answer (c) is incorrect because a recent court ruled that programs in both source codes‚ which are human readable‚ and in machine readable object
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Quinnipiac University School of Business FIN350 Global Financial Markets & Institutions Questions & Problems Set 5 Spring 2013 1. Explain why commercial banks are regulated and describe the major pieces of legislation enacted to prevent bank failures. Financial institutions are regulated because they provide products and services that the economy needs to function efficiently. Also they function in an environment where there is a great deal of asymmetric information‚ so they
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