Charitable purpose trusts Advantages of the charitable purpose trust Certainty of Objects Courts are more relaxed in the approach for the need of there to be certainty of objects in a charitable trusts. While non-charitable trusts must have objects‚ which are certain‚ gifts made exclusively for charitable purposes are valid even though the exact purposes may not have been identified. Thus a gift to trustees ‘for charity’ will be valid. The Perpetuity Rule Charitable trusts are valid even though
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The Elgin Depot Museum wants more local visitors The American Orient Express‚ a luxury passenger train‚ offered travelers a ‘cruise on wheels’ experience‚ from 1989 to late 2008. Passengers traveled in lavish train cars from the 1940s and 50s‚ and dome cars were added in the mid-2000s allowing passengers to travel in style with panoramic‚ breathtaking views as they traveled throughout North America. Trips ranged from seven to ten days‚ traveling to and through continental destinations such as
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Exhibit: Five Forces Outline 1. Barriers to Entry—Medium to High for the following reasons: a) Economies of scale—the top three carriers (Federal Express‚ UPS‚ and Airborne Express) serve slightly more than 85% of the domestic express mail market. All three carriers deliver a high volume of packages‚ and thus‚ are able to spread fixed costs over more units. Also‚ each carrier has integrated technological systems that improved operational efficiency. In addition‚ intensive training programs
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seconds to virtually anywhere in the world. However‚ this was not always the case. In 1860‚ the Pony Express was used to deliver mail and small packages across the United States‚ particularly throughout the west. The job was no easy task. According to the National Park Service‚ riders would ride “more than 1‚800 miles in 10 days! From St. Joseph‚ Missouri‚ to Sacramento‚ California the Pony Express could deliver a letter faster than ever before.” Due to the harsh conditions the riders and station
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Federal Express – delivering the goods Kevan Scholes This case study looks at how new business models can create vast improvements in competitiveness. However‚ the models must be suited to the business environment at the time and will have a ‘shelf-life’ as the business environment changes. The case study looks at one on the world’s most successful adopters of a new business model that transformed the airfreight and package delivery sectors worldwide. But the advent of the internet in the mid-1990s
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Anti-Trust Case- Anheuser-Busch InBev Xavier A. Aldea DeVry University Anti-Trust Case- Anheuser-Busch InBev Introduction The Antitrust law is one that encourages marketplace rivalry by controlling anti-competitive behavior by businesses. The laws and regulations prohibit accords or acts that limit free trading and competition among businesses (Jacobson & American Bar Association‚ 2007). This may include cartels‚ dominating firms‚ some mergers and acquisitions and joint ventures. Conducts
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defense or if‚ even though the mills are entirely intrastate‚ he would still be subject to the Sherman antitrust act. Applicable Law In United States v. Patten‚ 226 U.S. 525 (U.S. 1913)‚ the defendants were charged with violating the Sherman Anti-trust Act by conspiring to run a corner on the cotton market. Ultimately‚ Patten was attempting to raise the prices of cotton throughout the country. The Supreme Court sustained the charges against the defendant of violating the Sherman Antitrust Act.
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hard to trust people because it’s a big risk that has to be made. Making a risk to trust someone can either end up really bad or end up really good‚ depending on who you truly trust. Would you be mad if you trusted someone so untrustworthy? Well in the play Othello by Shakespeare‚ trust and fake friendships is involved dramatically and things turn bad and don’t end up to pleasant. Othello really likes a local girl where he lives so he asks her father for permission. The father had no trust in his
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Queen Mary University of London School of Law LAW OF PROPERTY II EQUITY & TRUSTS Syllabus The nature of equity and the trust Express trusts o Certainty of intention‚ subject matter and objects o The beneficiary principle o The constitution of trusts o The duties of trustees and breach of trust Resulting trusts Quistclose trusts Constructive trusts Trusts of homes Personal liability to account Tracing Lecture - Course Documents 2009-10 1 Queen Mary University of London
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AMERICAN EXPRESS OUR STORY Becoming American Express: 150+ Years of Reinvention and Customer Service INTRODUCTION The story of American Express is a fascinating one‚ filled with interesting and sometimes quirky characters who -- through a combination of brains‚ perseverance and luck -- shaped the company’s development during the past century and a half. The express company that forwarded freight and valuables evolved into a company that created and sold financial products like money
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