Company’s Act 1956‚ share means a part in the share capital of the company and it also includes stock except where a distinction between stock and share capital is made expressed or implied. TYPES OF SHARES: As per the provision of section 85 of the Companies Act‚ 1956‚ the share capital of a company consists of two classes of shares‚ namely: 1. Preference Shares 2. Equity Shares PREFERENCE SHARES: According to Sec 85(1)‚ of the Companies Act‚ 1956‚ a preference share is one‚ which carries
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‘Alice wrote to Bill offering to sell him a block of shares in Utopia Ltd. In her letter‚ which arrived on Tuesday‚ Alice asked Bill to ‘let me know by next Saturday’. On Thursday Bill posted a reply accepting the offer. At 6pm on Friday he changed his mind and telephoned Alice. Alice was not there but her telephone answering machine recorded Bill’s message stating that he wished to withdraw his acceptance. On Monday Alice opened Bill’s letter‚ which arrived that morning‚ and then played back the
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The arguments that Christopher Browning emphasizes in Ordinary Men are based on his beliefs about the Holocaust. His argument touches base on the idea that regular citizens of Germany could commit such horrible acts without being coerced into doing so. He examines the side of the Reserve Police Battalion 101 and tries to figure out just why these gentlemen participated in the mass shootings and deportations of the Holocaust. In fact should these "gentlemen" even be called gentlemen enlight of
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Shares-A share is the interest of shareholder in terms of money in the business represented as a liability on the company. In the words of Justice Farewell‚ “The interest of a shareholder in the company measured‚ by a sum of money for the purpose of liability in the first place‚ and the interest (dividend) the second‚ but also consisting of various covenants entered into by the shareholder inter se.” It defines the relation between the company and shareholder. Shareholders are the real owners of
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outside market influences how goods are sold. Supply and demand: According to this theory‚ the supply of an item and its demand affect its price. An item that is in high demand will have a high price. An item that has a low demand will have a low price. Market structure is another economic pricing theory. This theory looks at how many outlets in a given area offer the same (or similar) products. Elasticity of demand measures how much someone will pay for a product before being forced to seek another
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The story‚ Ordinary Magic‚ was written by Malcolm Bosse is about a boy who was born and bred in India. Jeffrey also recognized as “Ganesh” faced a lot of difficulties at a very young age. These difficulties that forced him to be mature included his father’s loss of life‚ his way of adjusting and bonding with the American culture and when his ancestor home was going to be demolished. Jeffrey’s maturity develop when his father‚ Mr. Moore‚ died and he was obliged to manage and handle everything‚ including
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Job Description: As a 91H in the S&R shop you are required to maintain the sections assigned M88 to be fully mission capable at all times. I need you to keep me up to date on the status of the vehicle at all times. If anything goes wrong with the vehicle‚ it will be your sole mission to repair any fault it has. When a service is due on the M88 you will conduct the service on time and to standard. I also need you to stay proficient in the cross-training you’ve had on wheel vehicles. When they have
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voluntary assumption of obligation .In order to establish a contract there must be an offer followed by an acceptance. In order to see whether the parties have come to an agreement the court would look at the intention of the parties. Intention will be looked at objectively .In applying the objective test the courts consider whether the reasonable person in the other parties’ position would conclude that there was an intention to enter in to an agreement. A good example of the application of the objective
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SFAS 116 and SFAS 117 Executive Summary Davin Strouse ACC 460 March 23‚ 2015 Neil Fischer Executive Summary Not-For-Profit organizations are fundamentally different than for-profit‚ private sector businesses in that they do not have shareholders‚ their mission statements are focused on furthering a cause rather than just increasing profitability and most Not-For-Profits earn the majority of their revenue through donor contributions. As a result‚ Not-For-Profit Organizations operate
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Discussion Why do companies issue shares? In order to raise capital‚ generally to expand the business Suggestion • Raising capital • Expanding the business 4/29/2014 1 Why do people buy the shares? Shares give their holders part of the ownership of a company. (Shareholders have a part of the ownership.) Shareholders receive a proportion of a company’s profits as dividend‚ and may be able to make a capital gain by selling their shares at a higher price than they paid for them. (Shareholders
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