Intel shares. As indicated in the table below‚ the share price is $19.56 and January put option with a strike price of $17.50 costs $0.475. The investor is comparing two alternatives to limit downside risk. The first is to buy 1 January put option contract with a strike price of $17.50. The second involves instructing a broker to sell the 100 shares as soon as Intel’s price reaches $17.50. Discuss the advantages and disadvantages of the two strategies. Strike Price 15.00 17.50 20.00 22.50
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THE LAW OF CONTRACT IN GHANA (These notes have mainly been culled from Mrs. Christine Dowuona Hammond’s seminal work on the Law of Contracts.) INTRODUCTION Contracts are made by people every day‚ whether the parties recognise it or not. Each time one spends money on anything – a bus ticket‚ an airline ticket‚ a pair of shoes‚ a meal in a restaurant‚ laundry services‚ books‚ or signs a lease‚ etc. one concludes a valid and legally binding contract. Contracts may be oral or written;
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Lee Corporation Equity Scenario Income B-4 Taxes Tax Expense (40%) Net Income 240‚000 96‚000 144‚000 NOTE: adjustments to error corrections are always after tax (AT). JE’s needed: DR Retained Earnings Accumulated Depreciation 15‚000 15‚000 CR Retained Earnings Inventory 21‚000 21‚000 Dividends (Retained Earnings) Cash Dividends Payable 100‚000 75‚000 25‚000 Lee Corporation Retained Earnings Statement for the year ended December 31‚ 2007 January 1‚ as reported Correction for depreciation
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DURESS 1. Generally If one party pressures the contractual consent of another by duress the contract is voidable by that other party (See Also s 52A TPA and s 39 FTA). The common law has long recognised that duress‚ in the form of coercion of the plaintiff’s will through illegitimate pressure or threats to the plaintiff’s interests‚ render a contract voidable (Barton v Armstrong). Traditionally‚ the common law concept of duress was limited to actual or threatened violence to the person of
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Making Approach Mr. Lok never delegates tasks to others. He has to do a lot of administrative work such as opens all the mail and answers all letters personally. He also supervises the paying out of the labour force‚ including the contract labour‚ and arranges any contract job that have to done with his contractors. Other than that‚ he also spends certain amount of outside work such as dealings with the local labour officer‚ the Area Security Officer‚ the OCPD of his district‚ health authorities and
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Spike Lee A man with many talents should be forever remembered by people that admired him. Sheldon Jackson Lee is a producer‚ director‚ and actor that was born on March 20th‚1957 in Atlanta Georgia. He was born and raised by a well off family and began making amateur films once he turned 20 years old. The very first he made was “Last Hustle in Brooklyn” and was done when he was still at Morehouse College. He later graduated from New York University Film School in 1982. Once he made “Joe‘s Bed
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Types of Contracts [pic] Choosing type appropriate contract type is essential to successful performance under a contract. The type of contract determines the cost and performance risks which are placed on the contractor. There are two broad contract groups--fixed price and cost reimbursement. Within each of these groups‚ there are various types of contracts which can be used individually or in combination. [pic] Firm Fixed Price Contracts [pic] This type of contract requires the contractor
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Essential Elements of Contract Contract represents the instrument to enforce promises. Not all statements amount to enforceable promises or contracts. To enforce statements there are a number of elements which courts look for and these mainly include the presence of offer‚ its communication‚ its unconditional acceptance and communication of the acceptance. Once this has taken place then the element of consideration gives the badge of enforceability to the contract and the contract is then enforceable
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Contract closing a method of costing large projects‚ where the contracted work will run over several accounting periods Every organisation will have its own costing system with characteristics which are unique to that particular system. However‚ although each system might be different‚ the basic costing method used by the organisation is likely to depend on the type of activity that the organisation is engaged in. The costing system would have the same basic characteristics as the systems
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Airport Street Precinct # 10‚ Kabul‚ Afghanistan May 18‚ 2013 Harirod Construction Company Kabul‚ Afghanistan Subject: Applying for Human Resource Manager Post. U U Dear Sir/Madam‚ With reference to your recent advertisement in (www.acbar.com) May 16‚ 2013)‚ I would like to apply for the post of (Human Resources Officer) that you had advertised‚ for the reason that I have decided to cooperate with you. I have done my D.B.A‚ C.E.L‚ and right now I am doing my B.B.A which is the appropriate qualifications
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