Relevant Basic Definitions Trust is defined as an equitable obligation‚ binding a trustee to deal with property over which he/she has control for the benefits of beneficiaries. A trustee could be a beneficiary as long as he/she is not the only one. Trustee is the person who is the legal owner and controller of the trust property. The trustee‚ who is usually appointed in the trust deed‚ manages the trust on behalf of the beneficiaries and is held accountable by being subject to fiduciary duties.
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A secret military project files for the Manhattan Project: started in 1942. The production of the first Untied States nuclear weapon‚ was built during World War II. This product triggered the beginning of the Manhattan Project. A great population located in New York‚ feared of Nazi soldiers and what was about to come of them. Serving as lead director‚ Robert Oppenheimer was in motion of the Manhattan Project. The project was to recruit some of the best mathematicians‚ scientists‚ and engineers.
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Basic Rules of Trusts: Property‚ Obligations and trusts 1) Equitable title exists whenever equity will require the legal owner of property to hold the property for the benefit of some other person or group of persons (which group may include the legal owner himself.) 2) Cestuis que trust=beneficiaries 3) Settlor and trustee can be the same person. 4) Settlor and beneficiary can be the same person. (Settlor can convey property to a trustee on trust for himself.) 5) Express trust as the creation
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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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Midland Airport Authority (MAA) Improve of the service at the airport Executive Summary The Midland Airport Authority (MAA) is a very successful airport in the UK‚ because it has a good local position and an excellent rail link from the major cities in the UK to the station under the airport. But the increase oft the passenger numbers has brought problems‚ because the service lost the quality. And therefore we are engaged from the British airport to solve these problems. Introduction This
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Table of Contents Rationale of the Merger 2 Overview of the Banks History 2 Analysis of the Banking Market 2 Motives behind Merger and Acquisition Transactions 2 Rationale behind the Chase-Chemical Merger 4 Relative Merits of a Merger and an Acquisition 5 Present Value of the Gains from the Merger 6 Estimating the Exchange Ratio 8 Overview: 8 Problem Definition: 8 The Expected
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Abstract The word bank was borrowed in Middle English from Middle French banque‚ from Old Italian banca‚ from Old High German banc‚ bank "bench‚ counter". Benches were used as desks or exchange counters during the Renaissance by Florentine bankers‚ who used to make their transactions atop desks covered by green tablecloths. One of the oldest items found showing money-changing activity is a silver Greek drachm coin from ancient Hellenic colony Trapezus on the Black Sea‚ modern Trabzon‚ c. 350–325
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1.0 INTRODUCTION 1.1 THE TOPIC CHOSEN My research is AN EVALUATION OF THE BUSINESS AND FINANCIAL PERFORMANCE OF GUARANTY TRUST BANK Plc (GT BANK) FROM 1ST MARCH 2005 TO 29TH FEBRUARY 2008. The banking landscape in Nigeria has changed tremendously since the Central Bank of Nigeria (CBN) compelled banks to raise their capital base to a minimum of N25 billion in July 2004. The re-capitalisation and consolidation exercise took effect on the 31st of December 2005. 1.1.1 THE CONTEXT
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This time it’s personal: from consumer to co-creator In this report 1. Executive summary 2. New consumer trends Breaching the boundaries of market segments: color-matching the chameleon consumer Brand loyalty: a double-sided global coin From mass broadcasts to self-selection: consumer communication gets personal The know-it-all‚ have-it-all consumer The consumer to partner metamorphosis 3. Implications for business Engage in dialogue with the consumer Make service personal Provide an end-to-end
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FIRST DEGREE PROGRAMME IN COMMERCE SECOND SEMESTER EXAMINATION – (MODEL QUESTION PAPER) Foundation Course II: CO 1221 – INFORMATICS FOR BUSINESS STUDIES (2010 Admissions onwards) Time: Three Hours Max. Weightage: 30 SECTION - A This section consists of four bunches of four questions each. Each bunch carries a weightage of 1. Answer all questions. I. Choose the most appropriate answer from the following.: 1. Unsolicited sending of bulk e-mail is referred to as: (a) Stalking (b) Spam (c) Phishing (d)
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