Parental rights and responsibilities are listed in Section 18 of the Children’s Act. These include guardianship‚ contact‚ care and maintenance. Maintenance can be understood as the parent’s responsibility to provide for the needs of their children or payment towards the fulfilment of these needs. This responsibility is part of the parental duty of support towards children and this essay will focus on whether or not this duty falls on a child’s grandparents where a child is born out of wedlock and
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Putnam Investments faced difficulties in 2003 when it became a target of scrutiny investigation‚ because the firm was involved in the issues of market timing and late trading. By then‚ Lawrence Lasser had been the CEO of Putnam for almost 17 years. The culture of the company was built around hierarchy‚ individual achievement‚ and aggressive‚ sales-driven growth . Lasser’s daily small actions did affect the culture of the company and gradually the weak culture led to the difficulties faced by the
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Description This case provides us an insight into the Golden Years Investment Club and the conflict of group members when a newcomer challenges the views and ideas of the group’s experienced founder. Lenn Width‚ the founder of the investment club‚ has recently invited David Korn‚ a young architect‚ to join the twenty-six-member group. Width and Korn have very opposing viewpoints when it comes to how to invest. Width has a very strict investment policy: “a stock must have been publicly traded for at least
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much of a factor anymore** Why should we invest in real estate? Adds diversification to the portfolio (part of investment universe) Low correlation with other assets Very high return per unit of risk Hedge against inflation Good income producer Why should we invest in Treasury Inflation Protected Securities? Maintains purchasing power in deflation times’ Extremely low-risk investment since backed by U.S. government Par value rises with inflation and interest rate remains fixed Describe the
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Curfews Establishing curfews for teens fewer than eighteen will be very beneficial in the community. Community curfews will determine the likelihood of teen’s futures. Not only will there be less violence but also‚ parental authority‚ and health benefits. Having a curfew for teens will give them less time for violence. No curfews in community’s results in vandalism. Many schools‚ parks‚ and local hangouts are being destroyed with inappropriate writings and drawings due to vandalism. Also‚ the
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Topic: International Investing Project Student Name: Tutor: Question 1(a) Fiqure: 1(a) Figure 1(a) above shows a graph snippet of the performance of the Nokia stock against the performance of the finland’s stock market. A relationship can be identified between the two graphs as changes in the finland’s stock market translate to changes in the Nokia stock in the same direction. When the performance of finland market goes up‚ the Nokia stock performance goes up and vice verser. An increase
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Dowry system is when the bride’s family gives goods‚ money‚ or estate to her husband and his family during marriage (E. Pauls Prine (Ed.)‚ 2008). This practice is mostly common in South Asia‚ specifically the Indian culture (E. Pauls Prine (Ed.)‚ 2008). On the other hand is the practice of bride price system which is where the husband gives cattle‚ land or goods in exchange for a woman’s hand in marriage (Schwimmer‚ 2002). This is mostly practiced in Africa among traditional households‚ where it
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Chapter 7 Test Review Problem 7-1 Bond valuation Callaghan Motors’ bonds have 5 years remaining to maturity. Interest is paid annually‚ they have a $1‚000 par value‚ the coupon interest rate is 6.5%‚ and the yield to maturity is 11%. What is the bond’s current market price? Round your answer to the nearest cent. Annual Interest Payment = Par Value * Coupon Rate $1‚000 * 6.5%= 65 Financial Calculator N= 5 I/YR= 11% PMT= -65 FV= -$1‚000 Find PV? Bond’s Current Market Price= 833.68 Problem7-2
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1. a) b) c) d) A firm has the following items on its balance sheet: Cash $20‚000‚000 inventory 134‚000‚000 Notes Payable to bank 31‚500‚000 common stock ($10 par; 1‚000‚000) 10‚000‚000 Retained earnings 98‚500‚000 Describe how each of these account would appear after: A cash dividend of $1 per share Cash will decrease by $1‚000‚000. Retained earnings will decrease by $1‚000‚000. All other accounts are not affected. A 10 percent stock dividend (fair market value of stock is $13 per
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In the article “Parenting styles and Conceptions of Parental Authority during Adolescence” by Judith G. Smetana she talks about the adolescence stage. She starts off the article by saying parental authority and parenting styles both contributed significantly to emotional autonomy and adolescent-parent conflict. Smetana says there are four parenting styles. First‚ authoritative parents which is both responsible and demanding. Second‚ authoritarian parents and they are demanding but not responsible
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