Indian Partnership Act 1932: Minor as a partner in a Partnership firm IN THE COURSE OF CONTRACT II SUBMITTED TO INSTITUTE OF LAW NIRMA UNIVERSITY UNDER THE GUIDANCE OF Asst. Prof. Nitesh Upadhyay SUBMITTED BY Saloni Palkhiwala Roll no.: 12bblo33 Semester: IV‚ B.com LLb Section C 1.INTRODUCTION Statement of problem According to Section 11 of The Indian Contract Act 1872 a minor cannot be a partner in a partnership firm but as per section
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Market for Loanable Funds #1 Add a Supply Curve & show the equilibrium Draw an increase in Demand (a shift in the curve‚ not a movement along the curve) & show the new equilibrium As a result of the increase in demand‚ theory predicts the interest rate should go _up__ Overall‚ investment will go __up__ This will make the economy grow more: (quickly / slowly) The reasons demand would increase: New technology Improved investor sentiments (optimism) Improved government policy towards
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need it is often difficult to ask for financial help or donations. The advent of funeral fund websites offers loved ones a way to solicit online donations to help towards funeral expenses‚ medical bills or simply to aid those left behind with the costs of everyday life. With the help of crowd funding for funeral expenses‚ setting up a memorial fund campaign is quick‚ easy and safe with an accredited funeral fund site. Funeral expenses can be staggering. From funeral home costs to transportation to
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(c) 1. Relative to the pension fund the term “funded” refers to the relationship between pension fund assets and the present value of expected future pension benefit payments; thus‚ the pension fund may be fully funded or under funded. Relative to the employer‚ the term “funded” refers to the relationship of the contributions made by the employer to the pension fund and the pension expense accrued by the employer; if the employer contributes annually to the pension fund an amount equal to the pension
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Because of safety concerns‚ many states have increased the age at which teens can begin to drive. Some teenagers at the age of 16 are responsible. Some 16 year olds are irresponsible. Also‚ all 18 year olds are not responsible and able to drive the correct way. The state legislature should not raise the minimum age from 16 to 18 because some 16 year olds have a job and need transportation‚ a few may not like to depend on individuals to drive them back and forth‚ and many teenagers like to do their
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Texas A&M University Mays Business School Spring 2013 Professor Yong Chen Case 1: Dimensional Fund Advisors (Harvard Business School Case # 9-203-026) Due Wednesday‚ March 20 Objectives Subjects covered in the DFA case include efficient markets‚ models of capital market equilibrium‚ financial instruments‚ investment management‚ tax management‚ and stock trading. The case promotes an understanding of several important topics in finance. (1) The case introduces many of the major
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those that argue against it. They argue that the government shouldn’t continue to fund the arts. However‚ it’s important that the government continues to fund the creative side of the human spectrum for a variety of reasons. To start things off‚ art is important because it gives struggling artists with great talent a chance to make something of themselves. Furthermore‚ many artists simply don’t have the ability to fund themselves and continue to work. During the Renaissance period‚ artists with exceptional
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Dimensional Fund Advisors 2012 Background‚ Principle and Strategy of DFA Dimensional is a different kind of investment firm headquartered in Austin‚ Texas with regional offices in Amsterdam‚ Berlin‚ London‚ Santa Monica‚ Sydney‚ and Vancouver now (DFA 2012) which was founded in 1981 by David G. Booth and Rex Sinquefield‚ both graduates of the University Of Chicago Graduate School Of Business. The underlying principle of DFA is that the stock market was “efficient” which is‚ on one could beat
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Why This is an Attractive Project The Arundel Partners’ believe that they can make money on this project as it allows them to capitalize on the idiosyncratic risk of the motion picture business. Producing and distributing motion picture films is a risky business due to the uncertainty of moviegoers’ tastes and a studio never knows if they have a blockbuster on their hands until after the movie has started production or even later after it has been released. The financial resources of even the largest
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Moreno) PARTNERS HEALTHCARE CASE The goal of this case is to teach to students the relevance of non traditional assets (as real states or commodities) in a well-diversified portfolio. Moreover‚ students will be able to practice with the most important concepts from portfolio theory as efficient frontier‚ dominated portfolios‚ Sharpe ratio‚ among others. In addition‚ students are learning how portfolio theory can be useful not only for portfolio managers but for any company or firm with some funds to
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