Equity In accounting and finance‚ equity is the residual value or interest of the most junior class of investors in assets‚ after all liabilities are paid; if liability exceeds assets‚ negative equity exists. In an accounting context‚ shareholders’ equity (or stockholders’ equity‚ shareholders’ funds‚ shareholders’ capital or similar terms) represents the remaining interest in the assets of a company‚ spread among individual shareholders of common or preferred stock; a negative shareholders’ equity
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and here within lies the harmony of absolute knowledge. In a way I believe Herekleitos is seeking wisdom by defining mans belief in religion and themselves. As so stated in his final verse “I inquired of myself”. One excerpt from the maxim stating‚ “ War is father of all and king of all; and some he made gods and some men‚ some slaves and some free.”‚ shows a strong belief in warfare and accurately depicts the Mycenaean culture of the warrior class. This culture took great pride in
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Equity Equity means social justice or fairness; it is an ethical concept‚ grounded in principles of distributive justice.39–[->0]42[->1] Equity in health can be—and has widely been—defined as the absence of socially unjust or unfair health disparities.1‚[->2]6[->3] However‚ because social justice and fairness can be interpreted differently by different people in different settings‚ a definition is needed that can be operationalised based on measurable criteria. For the purposes of operationalisation
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Introduction The equitable maxims provide a set of general principles which can be said to have influenced the development of equity. This gives an overview of a selection of these maxims‚ examining them in varying amounts of detail and identifying many of the particular areas of the law which have been affected‚ and which are dealt with later in the book. These include‚ for example‚ the maxim ‘where the equities are equal the first in time prevails’‚ and its effect on priorities and conflicting
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Maxims and Equity Equity in its broadest sense means fairness. Within the legal system it’s known to be a body of law that looks at all concerns which fall separate from the jurisdiction of common law. It allows courts to use their discretion and apply justice in accordance with “natural law”. Dictionary.com’s definition of maxim is “an expression of a general truth or principle‚ a principle or rule of conduct”. Maxims of equity can be described as an established principle of fairness. They
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Law and Equity Essay (a) Outline the development of common law and equity. There was no system of law in England and Wales before 1066‚ as it was mainly based on customs which were just rules of behaviour and the other used to be the decisions of judges. The law in England and Wales built over the centuries. There were various methods of creating laws which were called “sources of law”. However‚ in the 18th Century Parliament became more powerful which lead the Acts of Parliament (statues) to
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English Important Summary SAM The Mother of a Traitor This story written by Maxim Gorky‚ is a story of a conflict between ’ambition’ characterized by a ’traitor’ a brave but heartless son; and ’life ’represented and characterized by the ’Mother of a Traitor’‚ where the heartless son appears with power and prowess‚ is easily victimized in the hand and lap of a mother who is appeared in the story very ordinary developed because of the urgency of time. It also signifies through out the history
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2.3.1.2 The Flouting Maxim of Quality Firstly‚ the speaker flouts Maxim of Quality if she/he lies or says and denies something that is believed to be false. Therefore‚ it means that he/she misrepresents his/her information in order to make addressee understand. The examples below will explain this flouting. I. A: Teheran’s in Turkey isn’t it‚ teacher? B: And London’s in Armenia I Suppose. (Levinson‚ 1983‚ p. 110) In the conversation‚ B has flouted maxim of quality. B answers the statement about
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PREFACE This assignment throws glimpse on the important aspect of the Equity and trust-‘CONCEPT OF EQUITY’. The law relating to equity is largely built on precedent. The rules have been built upon by previous situations which they have dealt with. Equity" may generally be defined as the correction of a defect or error in the law. This idea is apparently of ancient origin‚ tracing back at least as far as Aristotle‚ who defined equity as an exception to the rule where the lawgiver ’s pronouncement is
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Matthews: Quotes Hardball by Chris Matthews is an interpretation of what many know as “hard-politics”. The book describes the skill of playing the game in Washington and how to be successful at it. The book is a guide that teaches a series of maxims that would be in favor of politicians to learn in order to be successful. The different tactics provided in the book hold a lot of knowledge that would make the life of anyone following these strategies much easier when trying to get ahead in life
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