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Ellis Clarke, George Chambers and Norman Manley have been given the immense task or reducing the amount of debt that the National Commerical Bank of (Your Jurisdiction) Limited has on its balance sheet. Currently, the loans make up 75% of the balance sheet while assets make up 25%. The NCB realises that this situation is untenable as the Bank may find itself being sanctioned etc. if the order of the Central Bank of (Your Jurisdiction) is not followed. The Central Bank has instructed NCB to reduce its debt portfolio by 33 1/3 % (from 75% to 50%) so that the amount of debts/loans are equal to the amount of assets that the Bank has.
Describe and discuss how the NCB may use novation, legal assignment, equitable assignment or a combination, to achieve its objectives. You are required to describe and discuss all three options before indicating which option(s) is/are recommended.
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.
Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.
Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Advise what tax consequences arise in respect of the payments.
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