Equity In accounting and finance‚ equity is the residual value or interest of the most junior class of investors in assets‚ after all liabilities are paid; if liability exceeds assets‚ negative equity exists. In an accounting context‚ shareholders’ equity (or stockholders’ equity‚ shareholders’ funds‚ shareholders’ capital or similar terms) represents the remaining interest in the assets of a company‚ spread among individual shareholders of common or preferred stock; a negative shareholders’ equity
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Common law versus civil law systems The two principal legal systems in the world today are those of civil law and common law. Continental Europe‚ Latin America‚ most of Africa and many Central European and Asian nations are part of the civil law system; the United States‚ along with England and other countries once part of the British Empire‚ belong to the common law system. The civil law system has its roots in ancient Roman law‚ updated in the 6th century A.D. by the Emperor Justinian and adapted
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081-AC1221-60 Company Law ASSIGNMENT ONE The case concerns the pre-incorporation contracts. Firstly‚ it is necessary to define the pre-incorporation contracts. They are the contacts which the promoter wants to enter the contract before a company is incorporated. Under Common law position‚ the company cannot gain contractual rights or incurs liabilities from a pre-incorporation contract. Also; the pre-incorporation contracts cannot bind the company. In this case‚ Bosco is the promoter who
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The History of the Common Law of England by Matthew Hale 1713 I. Concerning the Distribution of the Law of England into Common Law‚ and Statute Law. And First‚ concerning the Statute Law‚ or Acts of Parliament The Laws of England may aptly enough be divided into two Kinds‚ viz. Lex Scripta‚ the written Law: and Lex non Scripta‚ the unwritten Law: For although (as shall be shewn hereafter) all the Laws of this Kingdom have some Monuments or Memorials thereof in Writing‚ yet all of
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In the state of Massachusetts‚ Common Law Burglary is defined as “the breaking and entering into the dwelling of another at night with the intent to commit a felony”. It’s very important to note that in order for a crime to be considered as burglary‚ it is necessary for it to take place at night. Another important factor involved in a burglary is that usually the owner of the establishment is not present during the time at which this crime is taking place. Most states share the same elements of what
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Introduction to Business Law Critically evaluate‚ in relation to the common law duty of care‚ the liability of employers for references. How‚ if at all‚ does the liability of a university (such as the University of Sussex) differ regarding references given to potential employers in respect of current (or former) students. Candidate number: 122970 Seminar Tutor：David Davies Module
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and projection as my three common errors in judgement from this week’s READ and ATTEND section. I believe in my career field I can relate to these judgements and explain how I overcome these areas that law enforcement often has issues with. Stereotyping is the widely accepted fixed image of a certain group of people. Law enforcement has had a long history with stereotyping of certain groups of people. I have many friends that are African American‚ both on the law enforcement side and the civilian
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Legal System of HK Seminar 2: Common Law System and Ideology (9/9/13) Substantive justice VS procedural justice Influence of external forces on legal system‚ they interact in the law making processes and affect what is morally right or wrong‚ law is not the only tool responsible for maintain social order‚ people have private life and other systems (social control‚ culture‚ religions…) to guide people’s life and behaviours LAW: Certainty‚ predictability‚ there should be an authorities to
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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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Business Law Common Law Assignment Hayley Gramson Student No. 17004217 Word Count 1003 a) In a letter dated 14/02/2011‚ the manager (Dave) of Excellent Foods (EF) outlined conditions in writing to the manager (Ben) of Safe Foods (SF) in relation to the purchase of EF. These conditions were that SF must pay the valued amount of EF‚ which totaled $120‚000‚ $30‚000 more than the original amount that SF had been prepared to pay and stipulated
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