she was entering. As such there was misrepresentation of facts in the case‚ which makes it possible for her to demand a remedy for the misrepresentation of facts in her case (Lunney & Oliphant 2013). If she knew the true nature of the two books she would have purchased the James Roll book‚ but since she did not have the information that was correct she ended up purchasing the wrong book. This means the book attendant breached the contract by misrepresentation the true facts about the book. As such
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to investors (Sarkar‚ 2013). The Securities Act of 1933 serves the dual purpose of ensuring that issuers of securities to the public disclose material information to investors as well as ensuring that any securities transactions are not based on fraudulent information or practices (Sarkar‚ 2013). The Securities Act of 1933 affects public disclosures through a mandatory registration process for sellers and brokers and applies to the sale or trade of any regulated security type
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Opening a coffee shop In today’s China‚ the development of coffee market growth rapidly. Many people try to take part in this business market. However‚ it had a successful coffee shop is not an easy task. There are few points we must focus on when we decided to open a coffee shop. First of all‚ the most important thing is choosing a good location. We cannot make the decision recklessly. Owners should analysis to the different situation with surrounding areas‚ including: surrounding people’s
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Competition is an important characteristic of an economic order of society. It could be either constructive or destructive. Business organizations compete with one another. By increasing this competition‚ the government provides incentives for the production of quality and reasonably priced goods as well as helps lessen the inefficient use of resources. Competition is healthy for business enterprises. Competition may exist between organizations in different lines of business as well as between organizations
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Department of Social Work and Social Administration The University of Hong Kong COURSE OUTLINE Academic Year: 2013-2014 / Semester 2 1. Basic Course Information: Course Code : SOWK2107 Course Title : Foundations of social work practice I – 4 year (Case & Group) 2. Course Instructor / Course Co-ordinator: Name Office phone email Dr. Choi Wai Man‚ Anna C0505 3917 2079 annachoi@socwork.hku.hk Dr. Law Yik Wa‚ Frances C0518 3917 5940 flawhk@hku.hk 3. Course Description
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Revenue-Recognition Problems in the Communications Equipment Industry 1) In late 2000‚ Lucent announced that revenues would be adjusted downwards by $679m as a result of revenue recognition problems. Yet the firm’s market capitalization plummeted by $24.7bn. Why do you think the market reacted so negatively to Lucent’s announcements of the problems? The large drop in market capitalization is probably due to several factors. Historically‚ Lucent had successfully met analysts’ projections for
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For this case study we are asked to draw upon deontological ethics‚ and discuss how Adelphia Communications’ executives violated the trust of the company’s shareholders and the trust of that of the larger public. To do this we first need to take a look at deontological ethics and how the philosophy of deontological ethics affects the choices that were made in the Adelphia Communications’ case. We will also look at the Adelphia case and examine how its executives violated the trust of the company’s
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Prospectus Meaning The term Prospectus’ under Section 2 (36) means any document described or issued as a prospectus and includes any notice‚ circular‚ advertisement or other document inviting deposits from the public or inviting offers from the public for the subscription or purchase of any shares in. or debentures of‚ a body corporate. A private company under Section 3 (I) (iii) is prohibited from inviting the public to subscribe for its shares or debentures; and also prohibited to invite or
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UNIVERSITAS INDONESIA CASE STUDY 6 DEVELOPMENT OF METHODOLOGY FOR COMPUTER ASSISTED INFORMATION SYSTEMS AUDITING By: Mario Žgela‚ M Sc SISTEM INFORMASI DAN PENGENDALIAN INTERNAL Chitarani Kartikadewi - 1406524682 Desi Susanti - 1406524695 Karina Ayu Ditriani - 1406524713 FAKULTAS EKONOMI PROGRAM MAKSI-PPAK OKTOBER 2014 CHAPTER I SUMMARY Analysis of Some Cases Resulting in Significant Losses or Bankruptcies During 1990’s and 2000’s‚ there are several companies that severe bankruptcies or
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Abolishing Veil Piercing Stephen M. Bainbridge * “I weigh my words when I say that in my judgment the limited liability corporation is the greatest single discovery of modern times . . . . Even steam and electricity are far less important than the limited liability corporation‚ and they would be reduced to comparative impotence without it.” –President Nicholas Murray of Columbia University (1911)1 I. INTRODUCTION ...............................................................................
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