UNIVERSITI TUNKU ABDUL RAHMAN ACADEMIC YEAR 2005/2006 DECEMBER EXAMINATION UBML1053 BUSINESS LAW THURSDAY‚ 15 DECEMBER 2005 TIME: 2.00PM – 4.00PM (2 HOURS) BACHELOR OF COMMERCE (HONS) ACCOUNTING YEAR ONE Instructions to Candidates: Section A : [Total: 40 marks] 1. This section consist of ONE (1) compulsory question 2. Answer ALL the sub-questions. Section B : [Total: 60 marks] 3. This section consists of THREE (3) questions. 4. Answer only TWO (2) questions. 5. No marks will be given for any extra
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A market failure is a situation where free markets fail to allocate resources efficiently. According to David Begg et al (2011: pg.315) says ‘In the absence of any distortions‚ competitive equilibrium is efficient. We use the term market failure to cover all the circumstances in which market equilibrium is inefficient. Distortions then prevent the invisible hand from allocating resources efficiently’. The following are possible causes of market failures. Imperfect Competition‚ Asymmetry of Information
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Shipbreaking According to the Gujarat Maritime Board‚ there were approximate 230 workers who have died at Alang‚ the reputation ship-breaking yard in India. The Bangladeshi media announced that over 400 workers have killed and 6000 seriously injured which were data that have been reported over the last 20 years in the shipbreaking industry. Working in the ship breaking yards is an extremely dangerous job‚ which involves a lot of serious injuries and even death in this industry in South Asia:
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Hello everyone and welcome. I am Cassie Campbell; I am a video reporter with voyage health. Today we will go on a delightful journey in my mini sub that has been minimized to eight microns long and we will be traveling through the body of a young and healthy lady named Mary. We are going to start at the femoral vein and end up in her lungs. After we have explored her lungs we will then travel through her body to exit out through her nose. Warning!!! Warning!!! There is something going on and
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EXPERIMENT NO. 2 Aim: To study the construction and working of various boiler mountings and accessories. Theory: A boiler is defined as a closed vessel in which steam is produced from water by combustion of fuel. Also defined as “A combination of apparatus for producing‚ furnishing‚ or recovering heat together with the apparatus for transporting the heat so made available to the fluid being heated and vaporized.” Classification of Boilers : The boilers may be classified according to following
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Situation On March 16th 1980‚ in the usually calm and tranquil southeast region of Washington State located in the Cascade Mountains‚ began to tremble with earthquake activity lasting until the afternoon of the 26th of March. This was the first of many warnings to geographers and local authorities of the impending dangerous eruption coming from the normally silent Mount Saint Helens. The richter magnitude range was 2.6-4.2. There were 142 recorded earthquakes over 2.4 in the 24 hours between March
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Luc Santé’s Resume is a personal account of cultural and socio-economical changes throughout Europe during the mid 20th century‚ and how they potentially correlated to impact his life. Resume consists of nine different life summaries‚ each with introductory constants (Luc Santé birth details‚ Lucien Santé’s work history)‚ before an opposing tale is expressed to conclude each paragraph. These vary in positive and negative connotations‚ but the concluding argument Santé’s work puts forth aligns with
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Addison Keim Professor Hirschberg Modern English Poetry April 30‚ 2014 Thomas Hardy Thomas Hardy is known to be one of the most renowned poets and novelists in the history of English literature. He was born in the English village known as Higher Bockhampton in the county of Dorset in the year 1840. Hardy was the son of a builder and worked as an architectural apprentice for six years‚ and an ecclesiastical architect for eleven. When finished with these jobs‚ however‚ he turned entirely
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have inconsistencies; however‚ syntactically‚ the two poems prove to be exceptionally similar. Throughout both poems‚ Blake intentionally employs the use of the ampersand (or the “&” symbol) in phrases such as‚ “So your chimneys I sweep & in soot I sleep‚” and‚ “’Where are thy father & mother? Say?’” (line 4‚ line 3). By utilizing this symbol‚ Blake informally writes in an attempt to capture the intimate thoughts of a group of individuals who were virtually invisible. Blake’s focus on the
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The pilots of Sabre Two and Sabre Three‚ were not in a good mood. Not because they had‚ what looked like‚ the Centaur in front of them‚ but because their Squadron Leader‚ flying Sabre One‚ was an outright idiot. He believed he knew everything about everything and never in the wrong. At one time‚ a frustrated android professor thumped him on his already dented head with an Encyclopaedia. Even then‚ he blamed the Encyclopaedia for being in error‚ claiming the professor wrote it to make him appear
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