一． Loan Capital VS Share Capital (where does money come from) Generally speaking‚ money that a company raises can be divided into two headings: Loan Capital: Banks‚ Governments‚ Bonds‚ Building society Share Capital: Friends and Relations‚ Your own savings. Loan capital 1. Banks Banks are in business to provide a market place and the product they deal in is money. Namely‚ banks provide a link between those who have spare money in invest‚ and those who wish to borrow it. What do the banks get out
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A type of contract‚ a legally binding agreement between two parties to do a certain thing‚ in which one side has all the bargaining power and uses it to write the contract primarily to his or her advantage[1]. Breach of Contract Common Breaches of Contract When any contract is made an agreement is formed between parties to carry out a service and payment for that service. If one of the parties fails to carry out their side of the agreement then the party can be said to be in breach of contract
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Social Insurance ECON 3440 What Is Insurance? An insurance premium is money paid to an entity so that an individual paying the premium will be insured against adverse events. The premium is paid in return for a guarantee of compensation given a specified adverse event (illness‚ death‚ auto accident‚ home fire‚ disability‚ etc.). ECON 3440 - Prof. Wassall Expected Value and Fair Premiums Suppose that in 2009 Emily has a 1/10 chance of serious illness and resulting disability‚ and
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larger culture. They usually take up the role as a functionalist. Some common institution are; government‚ education‚ economy‚ family and religion. These institutions can affect one’s participation in sport and heath. For example‚ Government; they view sports as a means of creating a “healthy” image and an opportunity to bring relation ties closer with other countries. Hence‚ they organised and created a system whereby sportsman can be recognised and attribute to this cause through it. For example
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A contract intends to formalize an agreement of two or more parties‚ in relation to a particular subject. Contracts can cover an extremely broad range of matters including the sale of goods or real property‚ the terms of employment or of an independent contractor relationship‚ the settlement of a dispute and ownership of intellectual property developed as part of work for hire. Essential Elements of a Contract * Clear certain and communicated agreement. Meaning that the parties are consensus
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Introduction Insurance in Kenya is known to have been in existence for over sixty years now with the first insurance companies believed to have been owned by British insurers during the colonial times. The industry is governed by the Insurance Act and regulated by the Insurance Regulatory Authority. The Insurance Regulatory Authority (IRA) was created by the Insurance (Amendment) Act of 2006 and came into operation on 1st May 2007. The Authority was established with the mandate of regulating‚ supervising
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Car insurance is at the top of the totem pole for anyone who owns a vehicle. You may find yourself completely overwhelmed when you are searching for insurance. Read on to find some useful tips on how to sort through all the information so that you can get the right amount of coverage for the best price. If you drive fewer miles per year‚ your insurance rates will decrease. The majority of car insurance companies offer a discount for drivers who log less miles. When purchasing auto insurance for
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THE ROLE OF INSURANCE IN SOCIETY. ( 5 Pages) You will all appreciate that the subject of this talk is so wide so I will make a brief summary of some of the main salient points that personally strike me as important. For those listening who are not so well versed in insurance I hope that this will open your eyes to our industry and for my colleagues who have been practicing our profession for many years please consider it as an “ aide memoire “. As our lives progress
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Barriers to participation-Mr. Davies. Introduction. In sport we have to take in a range of different performers‚ who come from various different backgrounds cultures and beliefs‚ each of these has its own demands and regulations for participation in sport and so it is the job of different organisations and sporting parties to overcome this‚ finding ways to include and allow everyone to participate in sport. The sports Development / Performance pyramid is an explanation of how participation and ability
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Were you ever in a sport? Did you get participation trophy? This topic has been going crazy in the US if they are right or wrong. The debate is going on about if the trophies if it is right to get one or if it’s bad to get one. However I strongly believe that they are okay to get and they won’t make your kid fail in life. Participation trophies are not doing anything but helping you kid be more successful and more positive going into things. My reasons are it’s just a sport it’s not the MLB or the
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