The University of Hong Kong School of Economics and Finance ECON6033—Corporate Finance Case 3 Due: April 24‚ 2015 Bruce Honiball’s Invention It was another disappointing year for Bruce Honiball‚ the manager of retail services at the Gibb River Bank. Sure‚ the retail side of Gibb River was making money‚ but it didn’t grow at all in 2003. Gibb River had plenty of loyal depositors‚ but few new ones‚ Bruce had to figure out some new product or financial service—something that would generate some excitement
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Voidable contract is a contract that has legal effect and force when it is made‚ but is liable to be subsequently annulled or set aside by the courts through the process of recission. Due to the section 10 of the Contracts Act provides‚ all agreements are contracts if they are made by the free consent of the parties competent to contract. As what i’ve been thought and my understanding‚ there are five causes which lead to the voidable contract. They are : 1. Coercion (S.15) 2. Undue influence (S.16)
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Question 1: a) Explain the main characteristics of a consumer contract. Sale of Goods Act 1979 (SOGA 1979) is amended by Sale and Supply of Goods Act 1994 and the Sale and Supply of Goods to Consumers Regulations 2002 The Contract for Sale of Goods A contract for the sale of goods is ‘a contract in which the seller transfers‚ or agrees to transfer‚ the property in goods to a buyer for a money consideration‚ called the price’ This contract contains two conditions‚ Both ‘sale’ and ‘agreement to sell
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DCM Molding profit margins‚ ROA‚ and ROE has been constant. This shows that DCM Molding manages its operations better than Plastichem. 2. Yes‚ an analysis of common size statements should be included in the report because it helps compare companies of differing sizes against each other‚ percentage of sales‚ cost of goods sold‚ and how that value has changed over time. On the common size statement‚
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Title Name BUS 311 Business Law I Professor Date Situations that involve written and oral contracts between clients and contractors happen every day. Quite often‚ a price is agreed upon based on a completion date and the performance that happens along the way. One such situation that I have experienced was when my Dad decided to purchase a brand new townhouse in a downtown Cincinnati residential redevelopment project. A private contractor named Drees had won the rights from the city to
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LAW OF CONTRACT (Offer) Readings: Lee Mei Ping‚ General Principles of Malaysian Law‚ 5th Edition‚ 2005‚ Oxford Fajar Sdn Bhd Abdul Majid‚ Krishnan Arjunan‚ Business Law in Malaysia‚ 2005‚ Lexis Nexis Malayan Law Journal Beatrix Vohrah‚ Wu Min Aun‚ The Commercial Law of Malaysia‚ 2nd ed.‚ Longman‚ 2000 Malaysian Contracts Act 1950 (http://www.agc.gov.my/) law of Malaysia/numerical table of laws/Act 1136 Contents: 1. Introduction 2. Contracts and Agreements 3. Offer/Proposal
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Short Paper: Living Ethically through a Social Contract Olivia Harris ETHC 445N: Principles of Ethics Living Ethically through a Social Contract Scenario 1: The Mayor of a large city was given a free membership in an exclusive golf club by people who have received several city contracts. He also accepted gifts from organizations that have not done business with the City but might in the future. The gifts ranged from $200 tickets to professional sports events to designer watches and jewelry
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associate Reports to: Department mangers Qualification: individuals who have some retail experience‚ college students. Relevant labor market: Washington and Oregon Pacific Northwest Timeline: Continuous Activities to undertake to source well-qualified candidates: Regional newspaper advertising Request company referrals Contact kiosks and staff agencies and service-job agencies Staff members involved: Corporate HR recruiting manager Store manager Budget: Around $10000 for each region
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there is binding contract between the two parties‚ Baldcure Ltd. and Gary Knudenut‚ and consequently whether Gary can sue under that contract. Rule A contract is a legally enforceable agreement between two or more parties. To be valid‚ a contract must comprise of the following elements: - agreement (offer + acceptance) - intention - consideration - capacity to contract - consent - legality In order to establish whether there is a binding contract between Gary and
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Case study: Vinsun Infra Engineering:ERP on Premise or on Cloud by Wei Jia Company Background Vinsun Infra Engineering Pvt. Ltd is one of India’s leading service provider companies engaged in providing products and services in electrification and civil engineering projects. Sunil Satav is the founder and the managing director of Vinsunwho was born in Madhya Pradesh in India. He was interested in becoming an entrepreneur since childhood‚ then pursued a degree in electrical engineering. In order to
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