Gross Profit Margin Gross profit margin is useful to assess Debenhams’ financial health by revealing the proportion of money left over from revenues after accounting for the cost of goods sold; therefore‚ it is considered to be one of best economic tools for measuring and analyzing the data of Debenhams PLC. Comparing the GPM in 2014 with in 2013‚ it decreased 1.05% from 13.13% (2013) to 12.08% (2014). Although the total revenue increased £30.5 million‚ gross profit decreased £20.3 million. There
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Assignment III- Tort (Negligence/Res ipsa loquitur) Prof Lindsey Appiah Tort Law November 18‚ 2012 Define a Tort A tort is a civil wrong‚ other than a breach of contract‚ for which courts provide a remedy in the form of an action for damages (Schubert‚ 2012). The difference between a crime and a tort is the government’s involvement. A law will be passed by government to prohibit certain acts‚ making those acts a crime. Those who break the law may be punished by the government for the crime(s)
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and contrasting the differences between two works of art. The first work is The Anatomy Lesson by Rembrandt Harmenszoon van Rijn‚ more commonly known just as Rembrandt. This work of art is an oil painting on canvas. The second work of art is The Gross Clinic by Thomas Eakins‚ which is also an oil painting on canvas. These two works of art both portray a main motif of a surgery showing anatomy. Rembrandt’s painting of The Anatomy Lesson (full title The Anatomy Lesson of Dr. Nicolaes Tulp) is an
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are not always designed or maintained properly. Plaintiff - Proving Fault in Personal Injury Actions Negligence Several causes of action are typically available to an amusement park patron injured on a ride. Evidence that the patron was not properly secured in a ride‚ or that the amusement company failed to properly maintain or operate the ride‚ should support an allegation of general negligence. Rides are typically operated by low-wage workers‚ so finding evidence to support a negligent hiring
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Contract and Negligence for Business The aim of this brief article is to set out some key aspects of contract and the tort of negligence using the following headings: • The relationship between the parties • The nature of the obligation • Causation and remoteness of damage • The measure of damages. Using the same headings should remind you of the key aspects of each of the two areas in such a way that you are less likely to confuse them. (The words ‘contract’ and ‘negligence’ are deliberately
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552. CHAPTER 5GROSS INCOME: EXCLUSIONS Question MC #1 The taxpayer’s marginal tax bracket is 25%. Which would the taxpayer prefer? a. $1.00 taxable income rather than $1.00 tax-exempt income. *b. $.80 tax-exempt income rather than $1.00 taxable income. c. $1.25 taxable income rather than $1.00 tax-exempt income. d. $1.30 taxable income rather than $1.00 tax-exempt income. e. None of the above. 553. CHAPTER 5GROSS INCOME: EXCLUSIONS Question MC #2 Cash received by an individual: a. Is not
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Aspects of Contract and Negligence for Business Introduction: A contract between two parties is important for making any agreement. But not any agreement is contract. When there is an enforcement of law in an agreement‚ it converts into contract. There are many formalities to make a contract. Everything is not done when a contract is made. There may exist negligence either one party or both. For the negligence occurred one party‚ liability is imposed on another party. The law of tort differs from
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plaintiffs often involve them having to prove many aspects of negligence and product liability – primarily duty of care‚ actual and proximate cause‚ and proof that the defendant is directly at fault for the plaintiff’s injuries. Because the doctrine of strict liability likely applies in this case‚ Daniel Boone does not need to prove that Zoom breached a duty of care‚ only that his injuries were a result of Zoom’s actions or negligence. The dispute in Case D between Daniel Boone‚ the plaintiff‚ and
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Unit 5: Aspects of Contract & Negligence for Business | By Abdul Mir: FCS#307035 | Mark & Jodie Jones | Contents Task 1: Formation of a Contract 3 Offer & Acceptance 3 Acceptance 3 Modes of acceptance & E-Contracts 4 Consideration 4 Intention to Create Legal Relation 5 Capacity to contract 5 Blue Chip v Evershed 5 Task 2: Exclusion & Limitation Clauses 6 Contractual Terms 7 Conditions 7 Warranties 7 Innominate Terms 7 Advantages&Disadvantages
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Suggested answer – negligence model case study In the tort of negligence the plaintiff must prove that the defendant owed them a duty of care‚ breached that duty and that damages were suffered as a result of a breach of that duty. For Brooke to make a successful claim against the Yarra Valley City Council she must establish that a duty of care existed. Here the test of reasonable foreseeability must be applied. The question to be asked is whether a reasonable person would foresee that damage
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