This type of activity led to a lawsuit against Apple (AAPL) in 2012, suggesting that the transactions were part of a cancellable contract. A voidable contract is valid unless it is unenforceable for legal reasons. Simply put, any agreement has the capacity to be voidable or terminable. The parties may perform any contract. However, …
This legal document allows the borrower to invoice all shares and securities held in CREST that belong to him. An equity charge is a security right in the shares of a company. It gives the taxpayer the right to take possession of the shares and sell them if the corporation fails to meet its …
The plural of query is singular noun queries that end in a consonant and then pluralize there by omitting the y and the additions. When someone says they “feel excited,” what does that mean? For whom can I say these words? Name. Request (plural requests) One question, one query (United States), one request (United …
Changes to a will can only be made during the execution of the will or after the date of execution of the will. Amendments to a will must meet the same requirements for a valid will and, if a testator cannot sign it, the same requirements that apply to people who cannot sign a …
Authority always flows from top to bottom. It explains how a supervisor works from his subordinate by clearly explaining what is expected of him and how he should proceed. The authority should be accompanied by an equal degree of responsibility. Delegating authority to someone else does not mean shirking responsibility. The responsibility always rests …
7 levers to improve the hardness test ratio, which measures a company`s liquidity, are: Hardness test ratio = ($12 million – $4 million) / $10 million If your hardness test ratio is less than 1, your company does not have enough cash to pay its current liabilities. To obtain the company`s liquid current assets, …
In most cases, the creditors holding the collateral will abide by the terms of the CVA, as this is the best chance that they will get their money back. However, it is not impossible for a creditor to become impatient, even if the CVA takes place, and to avail himself of the guarantee. The …
There are efficient and affordable window air conditioners on Amazon. Our favorites are energy efficient and run smoothly. The Frigidaire 10,000 BTU Window AC for Horizontal Windows has a wide range of convenience and convenience features, including a 24-hour timer that allows you to program when the device is running. Instead of mounting the …
In Pinfold v Edge to Edge Global Investments Ltd [2013] ZAKZDHC 52, the plaintiffs demonstrated fraudulent activity by providing false information and the winding-up order was upheld. In Knipe v Kameelhoek (Pty) Ltd (2012) ZAFSHC 160, the Court held that a company is solvent even if it is not liquid if its fair valued …
What Happens When a Company Is Liquidated in South Africa Read More »
Gold and silver coins are not legal tender in the United States, but some states have lobbied for that to change. Precious metals can be exchanged for legal tender in some pawnshops and elsewhere, but are not legal tender per se. Cryptocurrency is gaining popularity and many are calling for certain types, such as …