Equity Maxims 1. He who comes to equity must come with clean hands * D&C Builders v Rees – Lord Denning. A small building firm did some work on the house of a couple named Rees. The bill came to £732‚ of which the Rees had already paid £250. When the builders asked for the balance of £482‚ the Rees announced that the work was defective and they were only prepared to pay £300. As the builders were in serious financial difficulties‚ they reluctantly accepted the £300 “ in completion of the
Premium Common law Contract
How Life in the North was Different from the South Before the Civil War there were many differences between the North and the South. These differences created problems between the North and the south. Three of the differences were transportation‚ geography‚ and society. Clearly‚ one of the differences between the North and the South was there source of transportation. In the North they traveled by railroad and steamboats. In the South they traveled by steamboats and railroads. The South’s main
Premium
Unit Code: BSBHRM510A Unit Name: Manage Mediation Processes Assignment 1 1. What is the difference between mediation and arbitration? Arbitration is a legal practice for the resolution of disputes between parties which a neutral third party uses evidence presented to decide on a resolution which the disputant parties are bound to. Mediation is a process where by two or more parties voluntarily agrees to participate and present their case to a neutral third party (the mediator). The
Premium Mediation Dispute resolution
Cultural Differences Between France and China 1 OVERVIEW 1 The Differences on NAMEs 1 The Differences on Courtesy 2 The Differences on Repast 2 The Differences on Living Habits 4 The Differences on Personalities 5 CONCLUTION 6 The Cultural Differences Between France and China OVERVIEW With the development of the technology and the economic‚ more and more Chinese are studying at France. More or less we have known something about France when I was in China. But discover the differences between France
Premium France Chinese people People's Republic of China
External Stability External stability is the government objective that seeks to achieve current account sustainability‚ a continued capacity to service foreign liabilities‚ and a foreign exchange rate; all of which are necessary to facilitate and encourage economic transactions between Australia and the rest of the world. External stability is the aim of government policy that seeks to promote stability and sustainability in Australia’s external sector so that Australia can service its foreign
Premium Macroeconomics Foreign exchange market Investment
at 5:01 p.m. on 4 August‚ and 20% from an assignment submitted at 5:01 p.m. on 5 August. Assignment Questions You must answer all questions of both parts. Part I - England In Modern Equity‚ 19th Ed.‚ Jill E Martin discusses two continuing controversies in connection with the history of equity. First‚ on pages 18-19‚ she writes of
Premium Law Common law Rights
Valuation of equity Example based on dividend discount model : Vardhman limited’s earnings and dividends have been growing at a rate of 18% per annum. This growth rate is expected to continue for 4 years. After that the growth rate will fall to 12 % for the next 4 years. Thereafter‚ the growth rate is expected to be 6 % forever. If the last dividend per share was RS. 2.00 And the investor’s required rate of return on verdhman’s equity is 15% what is the intrinsic value per share? Step 1: the
Premium Generally Accepted Accounting Principles Investment Stock
Equity Theory of Motivation The equity theory of motivation is used to describe the relationship between the employees perception of how fairly is he being treated and how hard he is motivated to work Motivation is the activation of an energized goal-oriented behavior. Everyone takes up a job as they are motivated by some factor or the other. Some are motivated by the challenge they will face in carrying out their job‚ some are motivated by the level of fame they may earn‚ others and
Premium Motivation
substitutes and with significant barriers to entry. While it might seem as though the difference between oligopoly and monopoly is clear cut‚ such is not always the case. A comparison between these two market structures is bound to be illuminating. •One or Few: The primary difference between oligopoly and monopoly is that monopoly contains a single seller‚ whereas oligopoly has two or more sellers. Such a difference might seem to provide a clear separation. But not necessarily. •Substitutes:
Premium Economics Monopoly Perfect competition
or want is called Good. 2) Services Any activity or benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything‚ is called Service. Difference between Goods & Services There are various differences between goods and services but they can be classified on the basis of the following heads: 1) On the basis of Characteristics 2) On the basis of Offering 1) On the basis of Characteristics The
Premium Management Strategic management Organization