characteristics of a company . According to Chief Justice Marshall of USA‚ “A company is a person‚ artificial‚ invisible‚ intangible‚ and existing only in the contemplation of the law. Being a mere creature of law‚ it possesses only those properties which the character of its creation of its creation confers upon it either expressly or as incidental to its very existence”. Another comprehensive and clear definition of a company is given by Lord Justice Lindley‚ “A company is meant an association
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Types of Banks. Commercial banks differ from investment banks.Most financial consumers think of “the bank” as a place to keep liquid financial resources‚ such as checking accounts and savings accounts. A consumer may have personal accounts at acommercial bank. The commercial bank’s primary business involves taking in financial assets as deposits then lending these assets to other customers at a rate of interest. The interest rate the bank charges on loansand revolving lines of credit or other credit
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TYPES OF HYPOTHESES There are three types of hypotheses which will be explored here: • Research Hypotheses Research hypotheses are most nearly like hypotheses defined earlier. A research hypothesis is a statement of what the researcher believes will be the outcome of an experiment or a study. Before studies are undertaken‚ business researchers often have some idea or theory based on experience or previous work as to how the study will turn out. These ideas‚ theories‚ or notions established
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Classification Final Draft Types of Friends When I was a child‚ my parents raised me and my siblings to appreciate various kinds of friends. There are three types of friends I know of in this lifetime. I classify them according to how well they know me. We make friends or encounter them as we go every day. My first type of friends are called “pest friend”. They are my acquaintance‚ or in other words I only know them by their name. I may not remember what they might look like if I go away
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damage and harm to the local economy. Three Types of Droughts Meteorological drought—this type of drought is all about the weather and occurs when there is a prolonged period of below average precipitation‚ which creates a natural shortage of available water. Agricultural drought—this type of drought occurs when there isn’t enough moisture to support average crop production on farms or average grass production on range land. Hydrological drought—this type of drought occurs when water reserves in
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1. Voidable Contract: An agreement which is enforceable by law at the option of one or more of the parties thereto‚ but not at the option of the other or others‚ is a voidable contract. A contract is voidable when one of the parties to the contract has not exercised his free consent. One of the essential elements of a formation of a contract for example‚ free consent‚ is absent. All voidable contracts are those which are induced by coercion fraud or misrepresentation. The person whose consent is
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Kaplan University There are many different types of evidence that can be used in a criminal investigation. Some more valuable than others. Although the smallest piece of evidence can sometimes turn out to be the most valuable. Evidence comes in all shapes‚ sizes and forms and are crucial to any successful investigation. Finger prints are one of the most incriminating pieces of evidence. It is so significant because it can narrow down someone ’s identity and possibly link them directly to a crime
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instrument‚ and it can play most popular types of music from classical to jazz‚ pop‚ or blues. People play the piano as a leisure activity. It is not too much to say that more and more people want to learn to play the piano than any other instrument. There have been many types of pianos throughout their history of development. However‚ pianos can be classified into three main types‚ grand pianos‚ upright pianos‚ and digital pianos; we can distinguish the types of the pianos through their designs and
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What is Melanoma? Melanoma is the most dangerous type of skin cancer. This cancerous growth begins its development when unrepaired DNA skin cells. Unrepaired cells are damaged by ultraviolet radiation from sunshine or tanning beds which triggers defects that lead the skin cells to multiply rapidly and form malignant tumors. Tumors originate in the pigment-producing melanocytes in the basal layer of the epidermis. Melanomas often resemble moles which are black or brown‚ but they can also be pink‚ red
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Types of Fallacy 1) Fallacy of Accident/ Fallacy of Sweeping Generalization - occurs when one reason with the generalization as if it has no exceptions. Examples: 1) Cutting people with a knife is a crime Surgeons cut people with knives Therefore‚ surgeons are criminals. 2) Birds can fly Penguins are birds Therefore‚ penguins can fly 3) Speeding up above 50 kph is a crime. Therefore‚ ambulance drivers are criminals. 2) Fallacy of Converse Accident - occurs when
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