Introduction Accounting is the language of business. It is a profession that is being guided by principles, concepts, conventions, laws, etc. All these fundamental building blocks serve as common and general compasses to all practitioners of the profession. In some cases, they are nation-wide tailored, while in other cases, they are universally tailored. Accounting as a living, practical, dynamic and realistic profession covers so many areas of social, economic (business), and governmental activities
SYMBIOSIS LAW SCHOOL, PUNE Constituent of Symbiosis International University, Pune (Accredited by NAAC (UGC) with `A’ Grade) Managerial Economics Internal Assessment REPORT ON ‘LEASE AND HIRE PURCHASE COMPANIES’ Submitted by SIVAGNANAM KARTHIKEYAN ROLL NO: 135 DIV ‘B’ BBA. LLB. BATCH 2013-18 LEASING A lease transaction is a commercial arrangement whereby an equipment owner or Manufacturer conveys to the equipment user the right to use the equipment in return for a rental. In other
ASSIGNMENT – BMLW5103 MAY SEMESTER 2013 BMLW 5103- BUSINESS LAW ASSIGNMENT OBJECTIVE: To evaluate the students understanding in the element which effect free consent in a contract, the issues of repossession under a hire purchase agreement and the formation and dissolution of a partnership. INSTRUCTIONS: Students have to discuss all the questions and justify their answer with correct provisions under respective statutes and relevant precedents. QUESTION 1: a) “In simple language
SAMPLE ASSIGNMENT ON INTRODUCTION TO MALAYSIAN LAW OF CONTRACT Select a hire purchase contract and compare the contract with a normal contract. By AhmadRawi The writer can be contacted at scholars.assist@gmail.com By AhmadRawi The writer can be contacted at scholars.assist@gmail.com INTRODUCTION A contract is an agreement between two or more persons (individuals, businesses, organizations, or government agencies) to do, or to refrain from doing, a particular thing in exchange
UNIVERSITI TUNKU ABDUL RAHMAN ACADEMIC YEAR 2005/2006 DECEMBER EXAMINATION UBML1053 BUSINESS LAW THURSDAY, 15 DECEMBER 2005 TIME: 2.00PM – 4.00PM (2 HOURS) BACHELOR OF COMMERCE (HONS) ACCOUNTING YEAR ONE Instructions to Candidates: Section A : [Total: 40 marks] 1. This section consist of ONE (1) compulsory question 2. Answer ALL the sub-questions. Section B : [Total: 60 marks] 3. This section consists of THREE (3) questions. 4. Answer only TWO (2) questions. 5. No marks will be given for any extra
Mann Queen 's Bench Division 14 October 2010 Case Analysis Where Reported[2010] EWHC 2444 (QB); Official Transcript Case DigestSubject: Sale of goods Other related subjects: Sale of goods; Consumer law Keywords: Bailment; Breach of contract; Breach of warranty; Damages; Hire purchase; Misleading statements; Motor dealers; Trade descriptions; Warranties Summary: The claimant succeeded in her claims for breach of warranty and breach of contract in respect of the sale to her of a vintage
shows intention to be fulfilled. This contract shows us that the parties involved do intend to contract. Our agreement when made is a legally binding contract set on specific terms and conditions, which all parties are aware of and governed by English law. The contract is accepted when signed by the other party. In relation to cancellation our terms and conditions state, Section 4.3 If an event is Cancelled, the Hotel shall have the right to impose a cancellation charge (“Cancellation Charge”)
Association desire was to discuss the issues of copyright ownership and it was denied stating that it was considered to be a preemptive of the issues according to the work-for hire- document of the federal Copyright Act. In determining whether or not the subject of ownership of intellectual property was preempted by state and federal law a hearing was held which revealed the following conclusions: (1) The Kansas Board of Regents (KBR) was an agency of the state and therefore had authorization for supervision
the needs of a growing business or to finance an MBI or MBO: - Existing shareholders and directors funds - Family and friends - Business angels - Clearing banks (overdrafts, short or medium term loans) - Factoring and invoice discounting - Hire purchase and leasing - Merchant banks (medium to longer term loans) - Venture capital A key consideration in choosing the source of new business finance is to strike a balance between equity and debt to ensure the funding structure suits the business
question about hire-purchase terms was an enquiry or a new offer. In the case of Scamell v Ouston (1941)[3] the House of Lords found that vague statements by the both parties as to a hire purchase arrangements for the sale did not amount to a binding contract. In this case Viscount Maugham stated: “in order to constitute a valid contract, the parties must so express themselves that their meanings can be determined with a reasonable degree of certainty”. Bernard’s question about hire-purchase arrangements