desired solution as an n-tuple (x1 ‚ . . . ‚ xn ) where each xi ∈ Si ‚ Si being a finite set • The solution is based on finding one or more vectors that maximize‚ minimize‚ or satisfy a criterion function P (x1 ‚ . . . ‚ xn ) • Sorting an array a[n] – Find an n-tuple where the element xi is the index of ith smallest element in a – Criterion function is given by a[xi ] ≤ a[xi+1 ] for 1 ≤ i < n – Set Si is a finite set of integers in the range [1‚n] • Brute force approach – Let the size of set Si be mi
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Christopher 2009). The relevant assumption in this problem is s246B (2) (d): “those rights may be varied or cancelled only by special resolution of the company and: (c) by special resolution passed at a meeting: (i) for a company with a share capital of the class of members holding shares in the class… (d) with the written consent of members with at least 75% of the votes in the class.” (Tony & Christopher 2009) It would seem that the Company has the special resolution about the preference shares’
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A-3 (Coverage ratio) The firm in the two preceding problems also had $6 million of principal repayments during the latest 12 months. Its marginal tax rate is 40%. Calculate the debt service coverage ratio. Debt-Service Coverage Ratio = (EBIT + 1/3 Rentals) / (Interest Expense + 1/3 Rentals + Principal Repayments / (1 - T)) = ($30 + $15 / 3) / ($10 + $15 / 3 + $6 / (1 - 0.40)) = 1.40 A-4 (WACC with rebalancing) Nathan’s Catering is a gourmet catering service located in Southampton‚ New York
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9.2) A company is using a carrier to deliver goods to a major customer. The annual demand is $2‚500‚000‚ and the average transit time is 10 days. Another carrier promises to deliver in 7 days. What is the reduction in transit inventory? I = tA=(10 – 7 ) 2‚500‚000=$7‚500‚000=$20‚547.90 365365 365 9.4) A florist carries an average inventory of $12‚000 in cut flowers. The flowers require special storage and are highly perishable. The florist’s estimates capital costs at 10%‚ storage
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arbitrators and their choice in the light of Claimant’s proposals‚ as well as the nomination of any arbitrator that the Respondent has to make; f) any comments as to the place of the arbitration‚ the language of the arbitration and the applicable rules of law. The Answer and the documents annexed thereto‚ if any‚ shall be supplied in a number of copies sufficient to provide one copy for each arbitrator and one for the secretariat.. 2. Respondent shall attach to the Answer proof of the dispatch‚ within
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Contracts (C3‚ pg 58) |Nature of contract |- Legal relationship consisting of the right and promises constituting an agreement between the parties that give each party a legal | | |duty to the other and also the right to seek for breach of those duties | | |- Consensus ad idem (meeting of minds); what the parties agree on must be clear and unambiguous and parties must be ad idem. |
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CONTEMPORARY LAW REFORM ISSUE: SPORT AND THE LAW (Word Count: 1012) Sport is an important part of Australian culture with a long history dating back to the 1800’s. We have progressed immensely since then and we now have numerous of professional sporting leagues in Australia for example; the A-League‚ Rugby League and AFL. Sport has always been Australia’s pride and passion as we have competed in many international levels including the Olympics and the Commonwealth games. ‘Sport law’ is there
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organizations in Singapore with the intent of profit generation are categorized under two main types of corporations‚ either unincorporated or incorporated. The law treats each entity differently. Unincorporated Entities Unlike the incorporated entities‚ an unincorporated entity business does not have separate legal personality. The law does not separate the people who establish the business and the business itself. In other words‚ the rights and liabilities of the unincorporated entity are treated
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Sales‚ does he should stop his trading. This essay will apply law theory and precedent cases to distinguish john case. The principle of corporate entity was established in the case of Salomon v A. Salomon‚ now referred to as the ’Salomon’ principle Legal The House of Lords’ decision in Salomon v A Salomon & Co Ltd [1897] established the separate identity of the company. Salomon v A Salomon & Co Ltd [1897] AC 22 is a landmark UK company law case. The effect of the Lords’ unanimous ruling was to uphold
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Paper F4 (ENG) CHAPTER Corporate and business law 8 Companies and legal personality Contents 1 2 3 The features of a limited company Types of company Advantages and disadvantages of incorporation: the veil of incorporation © EWP Go to www.emilewoolfpublishing.com for Q/As‚ Notes & Study Guides 199 Paper F4: Corporate and business law (English) The features of a limited company Comparison of companies with other forms of business The meaning of separate legal personality
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