4-3 Mutual Mistakes in Contract Law Business Law “The common-law origin of the mutual mistake doctrine in the United States is Sherwood v. Walker. Walker (a breeder) sold Sherwood (a banker) Rose 2d of Aberlone (a cow) at a low price on the basis of the parties’ mutual belief that the cow was barren. When Walker discovered the cow was pregnant and‚ therefore‚ more valuable‚ he refused to deliver. Sherwood sued to have the contract enforced. The trial court judgment in favor of Sherwood was reversed
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Compare and contrast foreign currency futures and options. Identify situations where you may choose one or the other. When Barings Bank‚ the oldest merchant bank in London‚ collapsed in 1995 after one of the bank’s employees lost £827 million due to speculative investing‚ primarily in futures contracts‚ it illustrated the extreme danger and volatility of derivatives. Options and futures can be used to eliminate‚ reduce‚ hedge and manage risk‚ but can also be highly speculative. Foreign currency
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History Capital Gains Tax (CGT) was introduced on the 20th September 1985‚ prior to which there was no formal CGT. Any capital gain before this date is not subject to CGT. ▪ Between 1985 – 1998: the relevant legislation was under PTIII‚ subdivision A of the ITAA36 (7-020) The statutory provisions in operations between 1985-1998‚ PtIIIA ITAA36‚ was criticised for being too complex‚ having unfair outcomes‚ and for distorting commercial decisions. When the Tax Law Improvement Project in 1994
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Weight gain in college is a big issue in America due to busy lifestyles‚ lack of exercise‚ stress‚ easier access to fast food‚ and larger calorie intake. Students today are faced with the serious reality of unwanted weight gain as they enter college. College weight gain can become a big problem and later lead to Obesity. When students enter college most of them leave sports behind them. These students that were used to practicing five or more times a week for hours at a time are now left with no
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Summer Training Report ASTUDY ON “AN INSIGHT INTO THE CURRENT SCENARIO OF THE INDIAN MUTUAL FUND INDUSTRY –MEASURING & ENHANCING ITS FUTURE IN DYNAMIC ENVIRONMENT” MADE BY: neha PREFACE “Give a man a fish‚ he will eat it. Train a man to fish‚ he will feed his family.” The above saying highlights the importance of Practical knowledge. Practical training is an important part of the theoretical studies. It is of an immense importance in the field of management. It offers the
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and has gained some unrealized profits. He sees a bullish economy returning in the near future but would like to ensure that his profits are maintained even through minor volatility for the next six months. He plans to do this through investing in options and is considering several different strategies. 1. Assessment of the Six-Month Outlook for the Market Only four years prior to Michael’s considerations‚ there was a significant market crash lowering the average value of the Toronto Stock Exchange
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Health Care Access Options Amber Findley HCS/490 06/08/2015 Jennifer Johnson Health Care Access Options Today there are numerous health care access options available to people whether the option is a web-based resource‚ walk-in clinic‚ or retail clinic. Having different ways people can receive health care is important. There are some people that will not use a web-based resource but prefer a walk-in clinic and vice versa. This paper will be covering MedExpress‚ a walk-in clinic. MedExpress ’ target
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Fundamentals of Futures and Options Markets‚ 8e (Hull) Chapter 1 Introduction 1) A one-year forward contract is an agreement where A) One side has the right to buy an asset for a certain price in one year’s time B) One side has the obligation to buy an asset for a certain price in one year’s time C) One side has the obligation to buy an asset for a certain price at some time during the next year D) One side has the obligation to buy an asset for the market price in one year’s time Answer:
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report in its own right‚ in which you should communicate concisely the key opportunities and challenges‚ the recommendations you wish to make‚ together with a statement which sets out the benefits and advantages the case study organisation are likely to gain in the future as a consequence of your report. … should discuss briefly implications of each of the key opportunities and challenges identified from analysis. …provide enough detail and understanding for the CEO…also provide a discussion of the strategic
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The Youth Criminal Justice Act contains non-custodial sentencing options that are not available to adults. State each of these options and argue whether or not they are appropriate for youths and not for adults. Sentencing Option 42 (2) (a) Sentencing option 42(2) under the Youth Criminal Justice Act is to reprimand the young person. Reprimand is a severe reproof or rebuke in this case by a person of authority. -This option is appropriate for the youth than it is for the adults for many reasons
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