Discretionary Trusts and the concept of a sham trust. (a) The central theme regarding trusts is that they are assets that are legally owned by the trustees and not the beneficiaries. In a discretionary trust‚ the trustees have discretion as to who among a class of beneficiaries should receive income and/or capital under the trust and in what proportion (e.g. Mettoy Pension Trustees Ltd v. Evans [1990] 1 WLR 1587). So until a beneficiary is chosen to receive income or capital‚ they do not possess
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Scientists have reported that LSD makes you creative. One doesn’t need a masters degree to figure that out‚ though‚ just throw on Dark Side of the Moon to get audial proof of that fact. It’s not necessarily the creative aspect that scientists are gushing over this week. Thanks to a new technology‚ scientist have created brain images of the human mind while on the drug. The results were fascinating but does marijuana have the same benefits? TRIPPY BRAIN IMAGES SHOW MIND ON LSD The past few years
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current issue and full text archive of this journal is available at www.emeraldinsight.com/0960-4529.htm The impact of ISO 9001 effectiveness on the performance of service companies Evangelos L. Psomas Department of Business Administration of Food and Agricultural Enterprises‚ University of Western Greece‚ Agrinio‚ Greece The impact of ISO 9001 effectiveness 149 Received 7 May 2012 Revised 17 October 2012 Accepted 29 November 2012 Angelos Pantouvakis Department of Maritime Studies‚ University
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After reviewing the three case study’s for two different businesses‚ it was interesting to compare their financial approaches. Market‚ Competitive‚ Operating Characteristics‚ Financial Strategy and Risk SureCut Shears SureCut Shears manufactures a complete line of household scissors and industrial shears. They have been in business and profitable since 1958. In 1995‚ SureCut arranged a line of credit of $3.5 million with the Hudson National Bank to cover requirements for the Fall. They projected
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In the video “The Cave” by Provided there where prisoners who sat at the bottom of a cave without any outside contact and every day they would see and hear people and animals walk on the bridge and never know what the outside world was like. One prisoner got released and saw the world for the first time and was so excited he had to go tell his friends in the cave but when he went to go tell them they didn’t know who he was or what he was saying so they never knew about the outside world. To me‚ the
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Life is what you make it A little boy called Andy was asked to audition with his classmates for a part in the school play. His mother knew that he had his heart set on being in the play and she was worried about how he would react if he wasn’t chosen. On the day that the parts were given out‚ Andy’s mother went to the school to collect him feeling anxious about the outcome. Seeing his mother Andy rushed up to her‚ his eyes were shining with pride and excitement. "Guess what Mum‚" he shouted
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Guillermo Furniture Store Recommendation Resource: The Guillermo Furniture Store Scenario Write a paper with at least 1‚500 words that analyzes Guillermo’s alternatives. Introduction: Broker alternative justify your recommendation by discussing the financial and business advantages and disadvantages of your solution versus the alternatives. For the alternative selected‚ create a cash flow budget for the next 10 years. A template with assumptions will be provided by your instructor
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Marie Widmeier 9/23/3013 Professor Paige Constantino Life Is What You Make It The sound of music often serves as the backdrop of almost everything in life‚ where certain songs resonate bittersweet memories. As I express my feelings through music‚ it is evident that some songs hold much more meaning. We can all believe in a song to express our feelings‚ and that’s how I experienced and processed many of life’s changes. Some were sad and others were happy; in the end‚ I found that all I have
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SUMMARY OF CONCLUSIONS AND RECOMMENDATIONS ________________________________________________________________________________________________________________________________________________________________ Housing is widely acknowledged as a human right. At the same time‚ it is a major driving force of the economy and often an individual’s biggest asset. The situation within the housing sector is of high significance for a society’s social and economic development and there is a need to openly recognize
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What Makes You Beautiful In the article “Marketing New Inventions” by Robert Rodriguez he states the various amounts of competition when it comes to different‚ or even the same‚ kind of products. Even when that product takes a rise‚ someone will always be watching you to make sure that whatever product they decide to invent‚ that it over powers yours or any other invention in their range. The article also states that in order to survive the marketing world an entrepreneur must be market savvy‚ develop
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