Legal Aspects Of Business Case Study Example | Topics and Well Written Essays - 1500 words

Legal Aspects Of Business - Case Study ExampleHe should always comply with the deadline. Failure to do so makes every last(predicate) his efforts fruitless. So though he delivered the product it was of no value to the guest as he had run out of time and had made other arrangements.In the case provided its non mentioned that the contract between Alf and the customer was written or not. If the contract is written therefore legal legal action can be interpreted against Alf. Since verbally the customer has mentioned that he cannot work other than the stipulated time, he has all rights to take action against Alf. The written agreement between both the parties with a correct mention of the time makes Alfs case weaker. However if the customer does not make a copy of the written agreement between him and Alf then his case becomes weaker. similarly if somewhere in the contract if its mentioned that the shopkeeper is in no way responsible for any delays in delivery then too, the custom er can not take any action against Alf. So though verbally Alf and the customer know about their agreement, if the customer has a written document then Alfs action can be proved a legal offence. So for the sake of law it is advisable that Alf does not impose the contract forcefully on the customer.In the second case the customer was unable to work with an ... After inspecting the gravity of the defect, the seller should replace the product, repair the fault or in extreme hatful even refund the money if the customer is not ready for either replacement or repair. But he cannot say no to the customer. Hence legally the customer can take action against Alf for not complying with the guidelines of selling electronic gadgets. In such circumstances it is advisable for Alf to refund, as he himself will not have to suffer any losses because the sellers have back-to-back service and maintenance contract with manufacturers. According to Kolah if the customer claims that the purchased product is not working properly then Such a claim will require the interpretation of the defendants obligations under the terms of the contract. This is because there may be express terms of an agreement the claimant and defendant concerning the purpose and standard of the product. (2002, p. 52) If its not this, then to ensure that the product is fit for the purpose made known to the seller, in the contract terms, the law implies that the product is of steady-going quality and is appropriate for the buyer. In the third case too, Alf has the similar legal bindings as in the second case. Alf assured the customer at the time of cut-rate sale that the saw he is selling is meant to cut anything, even steel bars. Since the saw broke down on the first day of its use, the case of misrepresentation of facts by the seller can be charged on Alf. He is liable for refund or replacement and if he is not willing to do so then the customer has all rights to drag him to court. If the seller is making a st atement to the potential buyer, like in this case, according to Kolah

Inflation and Real Rates of Return Essay Example | Topics and Well Written Essays - 1500 words

Inflation and Real Rates of Return - Essay ExampleReal interest rates can be positive as well as negative. A positive real interest rate indicates that the purchasing power of the individual is increasing while a negative interest rate shows that the purchasing power of the individual is decreasing if the individual invests at the nominal rate. From the calculations above, it can be understood that at the circulating(prenominal) level of inflation, if a person invests in 1-year Certificate of Deposits, he will end up with less purchasing power. It can be analysed in much(prenominal) a way that a high inflation rate than the nominal interest rate means that the purchasing power is decreasing at a faster rate than the rate of return of the investment. 2. Du proportionalityn (Bonds) a. Frederick Macaulay developed a method to measure the interest rate risk of a bond and called it Macaulay Duration. He felt that duration is a better measure of the bonds worth than its time to maturity because duration considers both the repayment of capital at maturity and the size and timing of coupon payments before maturity (Macaulay Duration). Macaulay Duration is the weighted average term to maturity of the cash flows from a bond. The weight of distributively cash flow is determined by dividing the present value of the cash flow by the price (Macaulay Duration Definition). Duration measures a bonds price sensitivity to interest rate changes. ... Calculating V- I/Y= 9% V- = $92.406 Calculating V+ I/Y= 11% V+ = $87.781 3. Price-Earnings dimension a. False. The PE ratio is equal to the market price of the care divided by the earnings per share (EPS). If we are using the dividend discount model to estimate the share price, a higher beta would lead to a higher required rate of return. This would decrease the share price and as a result the PE ratio will decrease. b. True. The PE ratio tells us how much an investor is willing to pay for $1 of a companys earnings. If the net in come of a company is good then(prenominal) the investors will be willing to pay more for a dollar earned. The ROE is equal to the net income divided by the average shareholders equity. A higher net income means a higher ROE. c. False. If we are using the dividend discount model to estimate the share price, higher dividends will result in a higher share price. Higher share price will increase the PE ratio. When the plowback rate is higher the dividends will be lower. 4. Book Value a. The market to reserve value signifies how many times a companys stock is operating per share compare to the companys book value per share. The shapings book value reflect historic costs, hence this ratio is significant in indicating the warinesss success in adding value for its shareholders in case of the market value being higher than the book value. A high price to book value ratio means that shareholders expect the management of the company to create more value with the given level of assets. b. habitual shareholders equity = (20,000 x 20) + 5,000,000 + 70,000 Common shareholders equity = $5,470,000 Book value per share = Common shareholders equity / Number of common shares outstanding Book value per share = 5,470,000 /

A Memoir tells a story of an important moment in our lives and its Essay

A Memoir tells a story of an important moment in our lives and its importation to us - Essay ExampleM whatsoever of them were standing here and there, talking in groups. Some of them expressed the dislike and arrogance to the parvenu comers. As a student who, at the first time coming out of the security of home, I was homesick and worried very much. I did not see any one really. How can I, since I was blind with tears? Many of them were using English fluently. They asked whateverthing to me also. I did not give a reply since I was unavailing to open my mouth. At that moment I noticed one girl standing among the old students of the hostel. They were asking her many questions .It was not a dialogue, but it was an consultation that I heard. From there conversation I came to know that her name was Treesa. I did not see a tint of fear or agitation on the face of that girl. She was bold and courageous. I also felt a slight admiration for her at any corner my heart. Sometimes I wished to become someone like her. Treesa became the favorite one for all among the new comers. She talked well and also became friendly with all the students within one day. I found her consoling some other students who were bitterly crying for keeping themselves away from their kith and kin. I heard many others talking about Treesa. Though I felt friendly with her I did not show that forwardness to her. That day came, the day on which we wanted to self introduce to the inmates of the hostel . Usually it was after one week of the entry. I heard many stories about that day from some of the seniors who were friendly to me. Among them there was a girl who had fainted during the question hour. But now she was the chief among those fellows to interview the new preys . The posing was divided into three. During the first part which lasted for three or quatern minutes, we wanted to introduce ourselves. The second part which was also lasted for three or four minutes, they would ask some questio ns to us. In the last session, we wanted to present a programme, a song, mono act ,dance or any other item which they felt, would protect them . I had already learned one song. each of us were expressing each other the worries and thoughts about the impending disaster , which would envelop them at any moment. All were prepared well with at least some programme and I overheard some of them even practicing the same secretly in their rooms. But our Treesa was very positive(p) all the time. Some prickly girls even commented that since Treesa was the pet of all she would not have to face a tough time with the inmates. Somehow it started. Those who finished their session expressed the relief in many different ways. It was the time for Treesa. Everybody pierced through the sides to see what would happen on stage. Treesa introduced herself. The audience asked her to sing a song. She sang melodiously and the applause lasted even for one minute. Suddenly everybody heard a piercing sound. W ill you sing a fast number? Yes, very nonchalantly she accepted. Everybody enjoyed it well. For the second time another question came, a rock please. She did that also well. The chief among them came with a different one What about a raga, To the confusion of all, with same unstirred mind, Treesa sang a beautiful raga. Treesa confronted with another question now. Who taught you these songs. My DAD, the answer came soon. What is your father? , He is a business man. Where is your soda water doing business, What kind business is he doing? There were many questions ... but the answer was

Postmodernism as Philosophical Style Essay Example | Topics and Well Written Essays - 500 words

Postmodernism as Philosophical Style - Essay ExampleThe essay Postmodernism as Philosophical Style examines postmodernism direction in philosophy. It is one of the stages characterizing the evolution of gaykind philosophy. At first, the philosophy arena was dominated by pre-modernism, and then came the modernism thoughts and ideologies. Postmodernism is meant to challenge and evaluates the validity of the preceding philosophical direction, which was modernism. Postmodernism can be expound as the rhetorical and strategic application of concepts like repetition, simulacrum, and difference to criticize other concepts like the historical progresses of ideology, epistemic certainty, and the universality of meaning. Postmodern philosophical thought process highlights some of the demerits of modernism as a direction of thinking. Postmodernists criticize by terming modernity as a western philosophy, which is outdated in the modern times. The about fundamental elements of postmodern ideo logy are the questions concerning the validity of Christianity, truth and the general mentality. Postmodern philosophers question the validity of Christianity as a central feature of human morality. It asserts that the western philosophy continues to rely on ancient and traditional theological principles, capitalism, and rigid political systems. It also criticizes the aspect the irrational and unfair trade-off that exists surrounded by energy and the environment for their selfish economic reasons. France and Italy still work with the concepts developed from the structural revolution.

Marketing case study Assignment Example | Topics and Well Written Essays - 2000 words

Marketing case study - Assignment Example at that place ar numerous speculations suggesting that e-commerce is the best thing that ever happened, however, nigh scholars seem to differ with this statement (Microsoft Corporation, 1999). This paper will look at both sides of the situations and some of the e-commerce platforms that argon available. Online Shopping It is one of the popular means of e-commerce across the globe. The sellers usually create an online storefront, which is equivalent to a retail shop. The stealers will then have to buy products by clicking on to the things they want (Langer, 2002). One of the pioneer online shops is Amazon.com. It is still one of the famous online destinations around the world. Electronic Payment It is vital for one to understand that goods that are usually bought online are usually paid for by online payment (Microsoft Corporation, 2000). They usually use payment gateways and payment processors. This method of payment has been referred to b e convenient as the mailing and writing of checks has been reduced or discarded (Meier & Stormer, 2009). It has also ensured that there is safety among payment where notes are usually involved. Online Auctions One of the famous online auctions is the eBay. The physical auctions are nowadays predated by the online auctions. However, the online auction targets a large market clientele of sellers and buyers (Langer, 2002). The online auction has been reported to usually give rise to ridiculous pricing of products. This has make them to have umteen customers as they find it interesting and challenging when compared to the regular storefront shopping. Internet Banking This practice has reduced the number of wad congesting the banking halls as nation can transact all the banking operation in their own comfort (Singleton, 2001). Online banks give room for wire transfer, exchange and buying of products through the Internet. Online ticketing This includes movie, train, air and betting ti ckets, which are purchased online. The booking process makes it easy for buyers as they will not scramble for them at the shops or at the gates of the event (Meier & Stormer, 2009). Many people hate the idea of queuing and this gives them the opportunity of avoiding it. The classification of e-commerce is based on the type of individuals participating in the process. The first type is known as the barter to business type of transaction. This involves the parties that are organizations or businesses (Risdahl, 2007). They include traders, retailers and manufacturers. The other type is business to consumers. This type of transaction is available around businesses that normally sell their products online to the end users or consumers (Langer, 2002). Finally, the other type of e-commerce is referred to as consumer-to-consumer type of transaction. This idea has been adopted from the earliest means of trade of butter where people exchange goods for goods (Raisch, 2001). The process allows individuals to exchange properties that they do not want with those that they need online. Advantages of E-commerce The Internet has been realized to be a market that has booming business (Drapkin, Lowy & Marovitz, 2001). Technological advancements have made it easy for many people can access the Internet. This means that there is a lot of exposure and many people can now access to e-commerce activities (VanHoose, 2011). Individuals are assay to ascertain that they utilize the Internet in the conduction of their daily affairs. Therefore, this means that more people are exposed to

Financial Analysis Of Marks & Spencer Essay Example | Topics and Well Written Essays - 5250 words

Financial Analysis Of attach & Spencer - Essay ExampleMarks & Spencer Board comprises of the Chairman, Chief Executive, one executive director. The Board is responsible for the success of the company. by means of the Chief Executive, the Board delegates to vigilance the overall performance of the company through the setting of clear objectives, building long-term management capability and ensuring that the business is managed in conformity with the business principles.Marks & Spencer Board comprises of the Chairman, Chief Executive, one executive director, and four on-executive directors. The Board is responsible for the success of the company. Through the Chief Executive, the Board delegates to management the overall performance of the company through the setting of clear objectives, building long-term management capability and ensuring that the business is managed in conformity with the business principles. Marks & Spencer is into food, clothing, household items, and financial s ervices business located in the UK with some wholly-owned and franchised operations worldwide. 49.9% of business in the UK is derived from food sales which account for 3.2% of market share1. sustenance sales were up 2.4% in 2005, however, in 2006 food sales were up by 7%. M & S significant international presence contributed 9.1% to the sorts pre-tax profits in 2006. Most of these profits were a result of strong food sales. Food comprises of a big chunk of M&S retail business. M&S food has a sound reputation for outstanding quality and innovation.

Argument by Authority Essay Example for Free

Argument by Authority EssayThe first part which presents an argument by representation is the opening According to repeated nationally surveys, more Doctors smoke Camels than any other cigarette Though it does not directly relate the authority of the doctors in cigarette smoking, it is suggesting that even doctors, who are divinatory to be health conscious, are smoking, thus creating an illusion that cigarette smoking is not bad for the health. The second part is the expression The doctors extract is Americas choice The first point whitethorn be less reliable than the second because it is just a survey and does not direct much expertise as doctors. The second is more reliable although it suffers from the fallacy of argument by authority. The first statement is an appeal to anonymous authority example of argument (claiming that an argument is valid based on an opinion of an anonymous and not necessarily an expert) while the second suggests that it is a general argument fr om authority fallacy (claiming that the argument is valid because the opinion presented is from an expert). By stating that the doctors choice is Americas choice, the speaker is claiming that whatever the doctors smoke is what America smokes.It may also be categorized as hasty generalization, but what it actually does is persuade Americans to smoke Camel because doctors, as it were, are smoking Camels.ReferencesAlouette. (2007, July 26). Amusing old fashioned advertisements, cigarette ads image. Unsought Input. Retrieved March 3, 2009 from http//www. unsoughtinput. com/index. php/2007/06/26/amusing-old-fashioned-advertisements-cigarette-ads/ Lindsay, D. (Ed. ). (2009, January 5). A List of Fallacious Arguments. Retrieved March 3, 2009 from http//www. don-lindsay-archive. org/skeptic/arguments. htmlexpert