Forward contract

When it comes to enjoying time out on the boat, there are two things you should do. One, make sure you pack enough snacks and supplies to entertain yourself while over the water. The second, is to look good while out on the boat. Looking good while boating isn’t just about fashion though, it’s about functionality. Dressing up isn’t going to do much if your high heels cause you to trip and go overboard, so what should you wear instead? First off, it is important to make sure you are prepared…

In 2010, SEC Deputy Chief Accountant Paul Beswick introduced yet another possibility for convergence by stating that, although he had not made a final decision regarding the movement toward IFRS, he believed that the United States should not follow “the convergence or endorsement approach.” Rather, it should adopt a modified approach that he labeled “condorsement.” Under condorsement, U.S. GAAP would continue to exist, and the IASB and FASB would continue their convergence projects. In addition,…

After the capture of Patsy Daley and flushed with renewed vigour, Sir Frederick was soon back in the Wheogo area in search of Ben Hall, whom Pottinger once more came into close contact with at Sandy Creek station. It would appear that Ben Hall was either camped near or was staying at his former home and was being supplied with victuals and other comforts by Susan Prior and Ellen MaGuire. Whether Ben Hall understood or even contemplated at this early stage when he was crossing the lawful line to…

When the controversial topic of the TPP, or Trans Pacific Partnership come up, there is argument about whether or not it is worth it. The entire document is basically impenetrable, from the length to the language. But without reading it, it may be possible to see the effects of it, just by looking at past trade agreements, NAFTA in particular. The TPP is filled with issues, many of which are being overlooked. When it comes to problems, the TPP is full of them, whether they are based on what is…

Enhanced discussion on this broad legal matter would be much appropriate if we were to define the term legal pluralism and rules of law in their respective connotations. Legal pluralism refers to a situation where at least two legal orders assert jurisdiction over the same geographical space and persons within that space; and a legal order is defined as a set of rules and practices that are oriented towards ordering relations between persons with its own source of authority. On the other hand,…

necessary to understand what “civil wrong and criminal wrong” is, so we can have a better climate to discuss what is at stake. Civil wrong is “An action with a tort, an act against another person or their property, and, a breach of the terms of a contract”. (The law dictionary). On the other hand, a criminal wrong is the breaking of rules or laws for which some governing authority can ultimately prescribe a conviction. That being said, society would address liability for civil wrong separately…

Objectives: What is a risk? What is Absolute and relative risks? Absolute versus relative risk Relative risk tells you nothing about actual risk Keeping a sense of proportion about risk What is risk? Simply put, the ‘risk’ of something happening is its chance of taking place. Absolute and relative risks? Absolute risk of a disease is your risk of developing the disease over a time period. We all have absolute risks of developing various diseases such as heart disease, cancer, stroke, etc. The…

Importance of Standard Default Clause All government contracts contain provisions that protect the interest of the government and the contractor. The provisions in a contract indicate the requirements, conditions, and the obligations for all who are involved in the contract. Provisions suggest the contractor is to conduct business during the period of a contract. Interfacing with the government is also included in the provisions. Contractors who are new to government contracting and do not…

This contract is a bilateral contract, according to Bilateral Contract (n.d.); “a bilateral contract contains a promise by each party to fulfill certain obligations to complete the deal” (Bilateral Contract, n.d.). This contract will talk about the six elements of contract formation, factors/restrictions of this contract, and the ethical issues of this contract. Six Elements of Contract Formation According to Elements of a Contract (n.d.), there are six elements of contract formation. They are:…

is very key to remember when it comes to discussing what some of the challenges that the group faced this term. Because there is nothing that was visually perceived to be an improvement. So considering that as a group, we should continually move forward, and reach the caliber of norming and performing with great ease. To where, as a group, we work as a single entity, in lieu of four separate units. This term we moved backward, the dynamics of the group suffering because: in lieu of comforting…