Plato’s theory of forms‚ also called his theory of ideas‚ states that there is another world‚ separate from the material world that we live in called the "eternal world of forms". This world‚ to Plato‚ is more real than the one we live in. His theory is shown in his Allegory of the Cave (from The Republic‚ Book VII)‚ where the prisoners only live in what they think is a real world‚ but really it is a shadow of reality. According to Plato‚ to the prisoners in the allegory and to humanity in the material
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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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QUESTION 1. Equity has made the law more fair. Discuss Equity can be defined in a technical sense as a branch of law administered by the court of chancery before the passing of the Judicature Act (1873-1875) with a view of supplementing the common law rules. Equity developed because of the problems of the common law. The word ’equity’ has a meaning of ’fairness’ and this is the basis on which it operates. The existing law as at the time equity arose was common law‚ equity acted as a supplement
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The word ‘equity’ can be seen to have a wide range of meanings- to many it is a synonym for ‘fairness’ or justice’. Those within the legal community recognise equity as the body of rules developed and applied by the Court of Chancery; a court previously presided over by the Lord Chancellor with rules developed under his authority. The law of equity developed due to the inflexibility of the common law. Before the development of equity‚ The law was rigid (which was often cited as a weakness) for example
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NOTES ON TRANSLATION CRITICISM sources: House ‘Quality’‚ House Model‚ Newmark Textbook A criticism of a translation is different from a review of a translation. Review = comment on new translations‚ description and evaluation as to whether they are worth reading and buying Criticism = a broader activity‚ analysis in detail‚ evaluating old and new translations ‚ assuming that readers know the translation Translation criticism should take into account all the factors and elements in the process
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Redaction Criticism and Textual Criticism Introduction Imagine yourself excitedly waiting for a movie‚ about your favorite novel‚ to come out. Finally the day comes when it starts showing in the theatres. You used all your connections to be able to get premiere tickets for the movie. You are about to watch the movie about your favorite novel… Coming out of the theatres‚ you feel cheated. All the excitement‚ all the hype left you disappointed. You say to yourself‚ this isn’t what was in the
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Accordingly‚ this essay examines the Blue Ocean Strategy concept in the following order: First‚ the theory is explained with a real-life example. Secondly we look at few of its limitations. Thirdly‚ a critical appraisal of why this approach is better or worse off than other competing and value innovation theories is presented and finally the conclusion is drawn. Blue Ocean Strategy Theory According to Kim and Mauborgne (2004) the business universe consists of two distinct kinds of space:
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Long-term financing requires a meticulous understanding of the various features of debt and equity and their impact an organization. While evaluating debt and equity‚ an investment banker also has to consider the unique characteristics of the organization’s dealings while ensuring that the organization’s requirements are met. Debt CapitalDebt capital includes all long-term borrowing incurred by the firm. The cost of debt was found to be less than the cost of other forms of financing. The relative
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and gouges his eyes out‚ exiling himself from Thebes. Although generally accepted as a play of fate‚ many people have made criticisms against this claim. One critic in particular‚ Kurt Fasso‚ in his criticism “Oedipus Crux‚” believes this fate was not truly Oedipus’ – he just accepts it as his own. His criticism is valid‚ for it touches on points that do in fact prove his theory‚ in a single persuading and convincing piece‚ particularly concerning the discrepancies surrounding Laius’ death and the
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trades or creditors are another option of short term finance. A company can borrow the goods from supplier and pay them later in given period of time. Also we can categorise the source of finance in following ways: a) Equity b) Debt c) Hybrid theory Equity: Equity is the main source of finance that belongs to the owners or stockholders. It is ownership interest of shareholders in company.
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