1."Why is expected return considered forward-looking? What are the challenges for practitioners to utilize expected return?" (Cornett‚ Adair‚ and Nofsinger‚ 2012‚ p. 246). Expected return is “forward-looking” in the sense that it represents the return investors expect to receive in the future as compensation for the market risk taken. The challenge is that practitioners cannot precisely know what the future holds and thus what the expected return should be. Thus‚ we create methods to estimate the
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This assignment will demonstrate how laws are made and the number of ways in which laws are classified. Goodey et al. (2008 p.6) states that ‘law can be defined as a set of rules created by the state which forms a framework to ensure a peaceful society. If the rules are broken they can be enforced by mechanisms created by the state and sanctions imposed.’ Law is made through constitutions that give people rights but also imposes responsibilities. An example of this is the legal case of Miller
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Natural law is the belief that the universe is ordered and rational this is based on the idea that human beings are created with an ultimate purpose‚ and the natural order of things is for us to fulfil that purpose. Doing good means behaving in ways which conform to our ultimate purpose doing evil means acting in a way that frustrates it. Aquinas used the idea from Stoic philosophers that the world was divinely ordered and spoke of it in terms that the universe is governed by Gods Eternal Law. He taught
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Topic Tracking: Fate Fate 1: By chance‚ Captain Vye and the reddleman‚ Diggory Venn‚ walk on the same road. Captain Vye suspects that Thomasin Yeobright is in Venn’s wagon‚ and unmarried. He will later tell his granddaughter‚ Eustacia‚ that Thomasin and Wildeve are not married. Fate 2: It is a combination of fate and scheming that brings Eustacia and Clym together. Eustacia hears from Charley that the Christmas mummers will be performing at the Yeobrights’‚ and she schemes to meet Clym by performing
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are imposed on Criminal Laws The founding of criminal law on the principle of rule of law means that the power of government is limited. Unlike royalty in the Middle Ages‚ which had limitless absolute power‚ governments are limited in the behavior that can be declared criminal and in the punishments that can be applied for violations of criminal laws. Seven benchmarks are used to assess the legality of criminal laws: * Principle of legality * Ex post facto laws * Due process
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Need the Law? Almost everything we do is governed by some set of rules. There are rules for games‚ for social clubs‚ for sports and for adults in the workplace. There are also rules imposed by morality and custom that play an important role in telling us what we should and should not do. However‚ some rules -- those made by the state or the courts -- are called "laws". Laws resemble morality because they are designed to control or alter our behaviour. But unlike rules of morality‚ laws are enforced
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709 United States Gift (and Generation-Skipping Transfer) Tax Return Department of the Treasury Internal Revenue Service (For gifts made during calendar year 2012) Form ▶ Information OMB No. 1545-0020 about Form 709 and its separate instructions is at www.irs.gov/form709. ▶ 2012 See instructions. 1 Donor’s first name and middle initial 2 Donor’s last name Sandy 3 Donor’s social security number Perry 123-45-6789 5 Legal residence (domicile) 4278 Red
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outside of what their day to day experience was. It was an era where what you wore‚ watched on TV‚ listened to on the radio‚ how you danced and pretty much all your actions was fed to through the mainstream media to the trending youth. Fashion Cycles Just like most things we are exposed to or experience there’s a beginning‚ middle‚ and an end. Same goes for our opinions on how we dress and the lifestyles we sometimes choose to portray. The variance however is the range in occurrences we experience
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The road a bill takes to becoming a law is a long and tedious process. First‚ the proposed bill goes through the House of representatives. Once the bill has been approved by the House‚ it is then begins its journey through the Senate. After the bill has been endorsed by the Senate‚ the houses of congress then meet in conference committees to prepare the bill to be sent to the White House. To summarize‚ the path the bill takes to become a law is a fairly complex impediment. <br> <br>Now to begin‚
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Laws are a very crucial part of the world today. They protect us and our rights. However‚ the making of a law is a very long and arduous process. This process is established in the Constitution of the United States. However most come from a member of Congress. Bills may be presented to either House‚ but must pass‚ like many things in the Constitution‚ there are complications and loopholes. The basic structure has two main steps: the bill must pass through both houses of Congress‚ then through the
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