Common Law and Equity Prior to the Judicature Act 1873-75 on Fusion Fallacy The early development of equity categorized it as a separate system from the then existing common law. However‚ Lord Chancellor’s intervention gradually developed a distinct body of law called ‘equity’ which was well established by the fifteenth century. From then on‚ the Chancellor’s jurisdiction was exercised via what later becomes ‘court of Chancery.’ The existence of these two systems at times conflicted because of the
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Financial Statement Analysis A financial statement analysis will be presented for Microsoft Corporation. “Microsoft Corporation is engaged in developing‚ manufacturing‚ licensing and supporting a range of software products and services for different types of computing devices†(MSN.com‚ 2010). This corporation trades publicly (NASDAQ: MSFT) and does business in Puerto Rico with offices in Guaynabo‚ PR (services) and Humacao‚ PR (manufacturing and services). To measure their progress
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An Application of Equity Theory to Buyer-Seller Exchange Situations The theory of cognitive dissonance posits that when an individual ’s cognitive elements are inconsistent with each other‚ a state of cognitive dissonance exists [15‚ 27]. Also‚ it is assumed that when such a condition is present an individual develops a need to restore equilibrium [15‚ 27]. Dissonance may be aroused from various sources: decision making‚ forced compliance‚ exposure to dissonant information‚ and disagreement
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The Rajiv Gandhi Equity Savings Scheme (RGESS) was launched in late-September of 2012-13 which was announced by the then Finance Minister Pranab Mukherjee in the 2012-13 speech. It is initiative that aims to bring in millions of first-time investors into stock markets by offering tax incentives. This will bring the savings of the urban and semi-urban middle class into turn equities as an attractive alternative to gold and cash. Here are some details on the scheme: 1. The scheme is open only to first
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Number : | 40073098 | Title: | A study of building and measuring brand equity in hospitality industry | Comments: | | Mark( /25) | Marked by : | Date : | Background to the Study and Overall Research Aim: If growing brand equity is the key to future business success‚ it makes sense that one should have a way to quantify and measure such equity. (Keller‚ 1997‚ pp.372-379) For hospitality industry‚ brand equity is an important intangible asset to hotel that has psychological and financial
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Fusion or no fusion of equity and the common law at a substantive level Since the administrative fusion of the Common Law and Equity Courts after the 1873 and 1875 Acts‚ there has been a lot of controversy over whether to fuse both equity and common law. There are valid arguments both for and against fusion. Those arguing for the fusion of Equity and Common Law at a substantive level often comment on the inconsistency created by equity’s intervention in law. ‘There would sometimes be arbitrary
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In this essay I aim to describe two theories (Equity Theory and Social exchange theory) of relationships and to consider how they might influence the therapist engaged in couples counseling‚ noting their similarities and differences. Equity theory is a theory about fairness. Its application to close relationships has been primarily advanced by Elaine Hatfield (previously known as Elaine Walster) and her colleagues in the book Equity: Theory and Research (Walster‚ Walster‚ and Berscheid 1978). The
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The Indian financial services industry has witnessed a flurry of regulatory changes over the course of the last 12 months. At the heart of these changes is the single objective of enhancing retail investors’ participation in the capital markets‚ either directly or indirectly‚ by reducing costs‚ expanding reach‚ increasing accountability of manufacturers and advisers and ultimately increasing customer value proposition. To begin with‚ the revised Direct Taxes Code (DTC) Bill will play a vital role
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Equity Valuation & Analysis Report ACCT6111E Business Valuation & Analysis Instructor: Professor Albert Tsang Team members Name Student ID Winnie Yam 1155025593 Sherry Zhang 1155023131 Fiona Tong 1093644801 Tommy Wu 1155021510 Robert Pun 1155026071 21 November 2013 TABLE OF CONTENTS 1.0 Executive summary [3] 2.0 Industry overview [4] 3.0 Company overview [6] 4.0 Financial statement analysis [12] 5.0 Profitability analysis
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ENG102 A Naive Need for Social Equity In his science fiction‚ satirical short story‚ “Harrison Bergeron” (1961)‚ Kurt Vonnegut presents a society in which all people are handicapped to be equal‚ normal‚ average‚ despite being born with different genetics and abilities to explicate the downfalls of the American people’s fear as well as need to be equal in Vonnegut’s time. He develops this ideal through a story about the Bergerons‚ who are presently watching an average ballet in a manner that
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