Case 11-6 Lessee Ltd. Lessee Ltd.‚ a British company that applies IFRSs‚ leased equipment from Lessor Inc. on January 1‚ 2007‚ for a period of three years. Lease payments of $100‚000 are due to Lessor Inc. each year. Other expenses (e.g.‚ insurance‚ taxes‚ maintenance) are also to be paid by Lessee Ltd. and amount to $2‚000 per year. The lessor did not incur any initial direct costs. The lease contains no purchase or renewal options and the equipment reverts back to Lessor Inc. on the expiration
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The courts enforce a liquidated damages clause even if the final result of a case seem to be not fair for any of the parties. This is because of the set out they have agreed on in a contract. However‚ the courts will not enforce a bargain that leads to a penalty. The liability of proving that a clause is a penalty is dependent on the person trying to deny the liquidated damages application. Therefore‚ there are indicators and teste for a penalty in law. The test for penalty is known as the Dunlop
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Specifications of stone powder mill： 1.High efficiency‚ large grinding ratio 2.Easy maintenance and operation 3.low investment—micro powder mill 4.long service life Features of stone powder mill in Shanghai clirik Machinery Co.‚ Ltd.: 1. High-efficiency and low consumption With the same end-products fineness and motor power‚ its output is over 1 time of that of Jet Mill‚ Mix Mill‚ and Ball Mill. 2. Easy-damaged parts with longer working life The grinding roll and ring are made
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Anthony Perry Mr. Helms English 2-2 8 February 2012 Still Knitting‚ Counting Dropping Heads In the passage “Still Knitting” from A Tale Of Two Cities by Charles Dickens‚ resources of language express Dickens attitude and add suspense toward the coming revolution. In addition the author expresses his attitude and heightens suspense by giving the town human like characteristics. For example
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Mike Romero 9/4/13 Malden Mills The case of the Malden Mills fire poses many important questions related to ethics. At first look‚ a CEO paying his employees continually after his mill burned down seems to be the model for ethical behavior. However‚ when one looks deeper into the case and asks questions it is not so obvious. The first question that needs to be answered is what the factual circumstances of the case are. Malden Mills was a factory located in Lawrence‚ Massachusetts that specialized
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Case Study Hy Dairies‚ Ltd. 1. What symptoms exist to suggest that something has gone wrong? The sales volume and market share of Hy Dairies’ gourmet ice cream brand had picked up significantly over the past two quarters compared with the previous year. As the vice president of marketing at Hy Dairies‚ Syd Gilman credited this achievement to Rochelle Beauport‚ the assistant brand manager at the time‚ and decided to reward her with a newly vacated post of marketing research coordinator. Based
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Impress with Empress: Getting Corporate Canada on Board Marketing Plan 2015 Course: Marketing Management (MKT 702) Professor: Rob Wilson Students: Cole Banning 500333694 Ayumi Buckle 500343494 Carl Darren D ’Aguiar 500494374 Brittany Doll 500325994 Alanna Lesley 500605019 Michael Somoza 500383820 Monica Spiering 500456235 Jordana Vasiloff 500448157 Date of Submission: Friday‚ November 28‚ 2014 Executive Summary Getting corporate
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members of senior management were alleged participants in WoolEx Mills’ fraud scheme involving financial irregularities. Four of the five members of senior management included: the Chief Executive Officer (CEO)‚ the Chief Financial Officer (CFO)‚ the Head of Manufacturing and Sourcing‚ and the Head of Sales. The fifth perpetrator’s position was not indicated in the fraud case study. Depending on the circumstances of the fraud case‚ more employees may have been involved in the perpetrating or concealing
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PESTEL ANALYSIS OF SAFARICOM LIMITED INTRODUCTION Company Background Safaricom Limited is Kenya’s current leading Mobile Telephone Operator. It prides itself in providing world class GSM (Global System for Mobile Communications) service to over 16 million subscribers in Kenya. The company was formed in 1997 as a fully owned subsidiary of Telkom Kenya. In May 2000‚ Vodafone group Plc‚ the world’s largest Telecommunication company acquired a 40% stake and management responsibility for the company
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value primarily on the labor theory. Without a clear grasp of the concept of demand‚ Smith‚ Malthus and Ricardo often raise confusing and self-contradictory explanations of the definition of “value.” The utilitarianists‚ like Jeremy Bentham and J. S. Mill‚ offered a revolutionary approach to understand the demand-side of the economy. They consider the usefulness of the product as a whole rather than its process of production. In the development of the utilitarianism‚ reformists present a much more realistic
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