OPTIONAL QUESTION: Advise: (A) Mr. Neft given that Mr Browne has failed to appoint him to Chief of Police. The first issue is whether the contract between John Browne and Mr. Neft was illegal by common law. At common law an illegal contract is determined based on public policy and results in the contract being unenforceable. In the case of Enderby Town FC Ltd v Football Association‚ Lord Denning referred to public policy as an ‘unruly horse’‚ due to its broad character and its subjectivity to
Premium Misrepresentation Contract
The Misrepresentation of Women in the Media Our society objectifies women and tends to value them only for their looks and the stereotypical things associated with women such as housework and motherhood. Women are driven by this pressure to do destructive things in an effort to live up to society’s expectations. The misrepresentation of women has changed massively over the years; from the characters portrayed in sitcoms of the 1950s-1970s to the representation of the modern day women today. According
Premium Gender Woman Mass media
3. Evaluate GM’s currency hedging policies. [3 pages] {Gavin} {Ryan} The issue here may lie with the 50% to 75% hedge as it is doubtful as to why GM does not hedge its receivables / payables by 100%. Perhaps the issue is related to high costs of using options and their receivables / payables run into huge amounts. Additionally‚ GM is not keen on committing to a forward because they have positive expectations about the future exchange
Premium Forward contract Futures contract United States dollar
Misrepresentation of Mental Illnesses by Television Media To eliminate the partial representation of mental illnesses‚ television media needs to focus on all sides of this illness. The media needs to show that attention deficit hyperactive disorder (ADHD) is a legitimate disorder with effective treatments. At least one in four families in the U.S. is affected by mental illnesses. Unfortunately there is no cure for this range of illnesses‚ which have been around for thousands of years. Of
Free Attention-deficit hyperactivity disorder
CHAPTER 2 BASIC FINANCIAL STATEMENTS OVERVIEW OF BRIEF EXERCISES‚ EXERCISES AND CRITICAL THINKING CASES Brief Exercises B. Ex. 2.1 B. Ex. 2.2 B. Ex. 2.3 B. Ex. 2.4 B. Ex. 2.5 B. Ex. 2.6 B. Ex. 2.7 B. Ex. 2.8 B. Ex. 2.9 B. Ex. 2.10 Learning Objectives 3 3 4 4 5 5 6 8 8 7 Learning Objectives 3 Topic Recording transactions Recording transactions Computing retained earnings Computing total liabilities Computing net income Computing net income Computing change in cash Alternative forms of equity
Premium Balance sheet Generally Accepted Accounting Principles
Financial Statements Analysis Interpretation of Financial Ratios Financial statements analysis is the process of examining relationships among elements of the the company’s "accounting statements" or financial statements (balance sheet‚ income statement‚ statement of cash flow and the statement of retained earnings) and making comparisons with relevant information. Financial statements analysis is a valuable tool used by investors‚ creditors‚ financial analysts‚ owners‚ managers and others in their
Premium Financial ratio Balance sheet Financial statements
The purpose of this assignment is to develop learners’ analytical skills in reviewing the adoption of accounting standards in financial statements. In this assignment we are required to assess the accounting treatment of borrowing costs as per FRS 123‚ by using the latest two years financial statements for two companies listed on the Maldives Stock exchange. Financial Reporting Standard 123 Borrowing Costs (FRS 123) consists of paragraphs 1 to 30. All of the paragraphs in FRS123 have equal authority
Premium Balance sheet Financial statements Annual report
difference between financial report and financial statement Financial report means any report about monitory matters. In other words a financial report is about the transactions that have financial effects. To run a business financial reports play important role as relevant financial information is transmitted to relevant users inside and outside the entity to help them in making decisions. For example; bank statement‚ aged debtors analysis report etc. Some financial statements are prepared on regular
Premium Financial statements Income statement International Financial Reporting Standards
The Misrepresentation of Nerds in the Media NERDS! Everyone remembers how nerds are represented in movies and TV. The person with the giant glasses‚ pimples‚ no friends and can quote every episode of Star Trek in Klingon. The 1984 movie Revenge of the Nerds shows a group of people that fits these stereotypes. In this essay‚ I will show how the media has shown the several different types of stereotypes‚ but these are usually wrong. I will show that even if you are smart‚ or in a Science‚ Technology
Premium Barack Obama President of the United States Big Bang
Purpose of the main financial statements Throughout the existence of a business many requests will be made for its financial statements. Financial statements are formal presentations of the flow of money into‚ through and out of a business. Financial statements are comprised of three main areas: balance sheets‚ income (profit and loss) statements and cash flow statements. Each area of a financial statement has its own purpose and provides specific information about a company’s financial stability (unknown
Premium Income statement