4) TRANSFER OF PROPERTY IN GOODS AS BETWEEN SELLER AND BUYER & RISK The property in the goods is defined to be transferred from the seller to the buyer when the latter acquires the proprietary rights over the goods and the obligations linked thereto. ’Property in Goods’ which means the ownership of goods‚ is different from possession of goods which means the physical custody or control of the goods. Otherwise ‚ a person may be in possession the goods passes to the buyer because of the consequences
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DRAWING AND ITS PROCESSES Drawing is a metalworking process which uses tensile forces to stretch metal. It is broken up into two types: sheet metal drawing and wire‚ bar‚ and tube drawing. The specific definition for sheet metal drawing is that it involves plastic deformation over a curved axis. For wire‚ bar‚ and tube drawing the starting stock is drawn through a die to reduce its diameter and increase its length. Drawing is usually done at room temperature‚ thus classified a cold working process
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I.Case Analysis Overview Cumberland Metal Industries (CMI) is one of the largest metal manufacturers in the world. The company evolved from selling metal as a finished product to one that used it as a raw material‚ increasing sales from $250‚000 in 1963 to over $18‚500‚000 in 1979. Currently‚ CMI relies heavily on SlipSeal‚ which is used as a high-temperature sealant in automobiles. Although CMI dominates the market for this product‚ corporate sales figures decreased over the last year. As a
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for a few loss exposures Introduce the structure of commercial property insurance policies Review some concepts from FIL 250 Four Types of Loss Exposures All organizations are faced with loss exposures or possibilities of accidental loss Loss exposure: identify assets- it may decline in value‚ actual cause of loss “peril”‚ financial consequences- value of the property; cost of rebuilding. Property Damages to property to which organization has a financial interest Liability Third
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The first property of water is that it is an excellent solvent. This is because of the chemical composition and physical attributes of water. Since water is polar‚ it allows water molecules to become attracted to different molecules. The attraction can be so powerful that it can disrupt the attractive forces of the different molecules. For example‚ water can be heavily attracted to salt that it can disrupt the forces that hold sodium and chloride‚ therefore dissolving it. The second property of water
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Background: Cumberland Metal Industries (CMI) was one of the largest manufacturers of curled metal products in the country.Their sales grew from $250‚000 in 1963 to over 18‚500‚000 by 1979.It originally custom fabricated components for chemical process filtration and other highly technical applications. The company’s philosophy soon evolved from selling the metal as a finished product to selling products that used it as a raw material . Earlier CMI used to sell exaust gas recirculation(EGR) valves
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Christy Chan (5) BIOLOGY LAB REPORT Investigation of the effect of metal ions on enzyme activity Objective To study the effect of two heavy metal ions‚ lead (II) ions and silver ions on the enzyme activity of invertase. Introduction Hypothesis: The rate of enzyme reaction of invertase decreases and the reaction eventually stops as the heavy metal ions inhibit the enzyme reactions. Biological principle: Heavy metal ions are non-competitive inhibitors. They do not compete with the substrates for
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Curled Metal Inc – Engineered Product Division Overview Cumberland Metal Industries (CMI) was a company which sold metal as raw material in other products. After the company had developed the product – Slip Seal that could meet the demanding specification of the automakers‚ it had grown rapidly over the past decade. The sales increased from $750‚000 in 1991 to over $55 million in 2007. However‚ the sales decreased from 61 million in 2006 to 55 million in 2007‚ a net decrease of 9.5%‚ the net
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Element: Simplest form of matter to have unique chemical properties. Atom: The smallest particles with unique chemical identities. Nucleus: Center of an atom (composed of protons and neutrons). Proton: Have a single positive charge (+1). Neutron: Have no charge. Electron: Tiny particles with a single negative charge and very low mass (-1)/determines chemical bonding properties of an atom. Atomic Number: Number of protons in the nucleus. Atomic Mass: Approximate number of protons and neutrons
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Continue of Properties of Life: in sexual reproduction‚ two parents contribute genetic information in the form of a gamete. The gametes fuse and an offspring is produced from the fertilized egg. The fourth property of all living organisms possess is that populations of organisms evolve over many generations. Adaptations are inherited characteristics that allow organisms to survive in a particular environment. The seahorse has evolved and adapted camouflage. Which property is NOT a property of all
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