Essays on Loan

Chapter III

This chapter will review the background of Real Property Law in the Kingdom of Saudi Arabia. In order to lay the foundation for comparisons in subsequent chapters, the elements of the Saudi judicial system and real property law will be reviewed. The background information pertaining to Saudi Arabia will feature the judicial court system, the property rights and real property ownership. A review of the current mortgage law in Saudi Arabia will be analyzed as well as possible reform to include the application of anti-deficiency laws.

Introduction

Saudi Arabia is governed by a monarchy. Its current legal system under the ...

Introduction

The financial crisis of 2007/9 was the worst in the U.S. since the Great Depression of the 1930s. It was the cause of the failure of some of the biggest financial institutions including Washington Mutual which was closed in 2008, and its assets transferred to JP Morgan. In 2008, the crisis reached its peak with loans dropping dramatically to the lowest levels to be witnessed in a half a century. For example, new loans to large borrowers fell by 47 percent in the fourth quarter of 2008 as compared to the previous quarter and by 79 percent relative to ...

Question & Answer

Part 1: 5 Questions 1) What socio-economic groups do students on your campus come from? I noticed students from my campus like to drive nice cars, and they mostly come from a lower-income status. Some of these students come from other countries. I met a lot of them during my first semester. Sometimes the students have a hard time paying their car loans on time. 2) Do students on your campus frequently receive credit card solicitations in the mail? Do groups set up tables or booths inviting students to apply for credit cards? Yes, some students on my campus ...

Essay 1.

The universal formula of the categorical imperative is an objective law which proceeds from a subjective maxim – action and will. That is, when a given ethical consideration presents itself, a person must ask whether the action of his will agrees with nature (Kant 38). By its definition, the categorical imperative is the basis of duty. By nature, Kant means that which is objective, and that which exists as a part of nature – abiding by the laws of nature (Kant 38). Kant continues by stating that in ethical considerations, or duty, one must act subjectively through one’s will to ...

Part 1

Part 2 I agree with Akers & Chingos (2014) that, “increases in lifetime incomes of college-educated Americans have more than kept pace with increase in debt loads.” According to their research, the average household with student debt has experienced an increase in annual income of $7400 while total debt increased by only eighteen thousand dollars. The statistics show that income of educated Americans has been increasing at a faster rate than the increase in student debt and the increased annual income can pay the additional debt within two to three years (Akers & Chingos, 2014). The increase in borrower’s income ...

HISTORICAL CAUSES OF POVERTY IN LEDCS

There exists different causes of poverty ranging from political institution to geography or colonization to industrialization, over population, wars and corruption among others. But in this paper, our interest will be on the historical causes of poverty such us; colonization, civil wars and the 1970 debt crisis in the LEDC. Countries can be classified into two categories, that are the MEDC a More Economically Developed Country a good example is the USA, Germany and UK and an LEDC a Less Economically Developed Country for example, Sudan and Ethiopia. There are many reasons as to why these categories exist. One ...

Is the Current Student Loan Policy in the United States Fair and Equitable?

Is the Current Student Loan Policy in the United States Fair and Equitable? The student loan policy tries to accommodate the needs of various students through grants, borrowing limits, loans, and federal work-study programs among others (Blumenthal, n.d.). Despite its effort to improve the affordability of education for all, there is still a challenge that hinders the fairness and equitability of the policy in the USA. The high interest rates scare students who are uncertain about their ability to repay the loans. Many post-traditional learners who seek educational advancement, for instance, work in low-paying jobs. It makes it difficult ...

Why do Some Students Fail to Finish College in the U.S.?

Introduction

One of the major reasons why there are individuals who could not attend or finish college is poverty. In the United States, for example, poverty is the biggest hindrance to successfully completing college. Over the past several years, college tuition has increased dramatically. As compared to other primary goods, tuition fee increases almost twice as much while the average income of the majority remains almost the same. In just two decades, it has been observed that college tuition fees have increased by 500% while basic commodities increased only ...

Introduction

In the United States, some bodies have been formed with the aim of preventing consumer and investor exploitation. These bodies are aimed at providing financial protection to the citizens. Some special laws such as Usury laws have also been formed to protect the citizens from exploitation. These bodies include the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of Currency, the Security Exchange Commission and the Financial Industry Regulatory Authority (FINRA) (Mckay & Seale, 2000).

The Federal Deposit Insurance Corporation (FDIC) and its purpose

The Federal Deposit Insurance Corporation (FDIC) is an independent public corporation based in the United States. It was formed in the year 1933 ...

Jay Kiley

Dr. Lorrie McGovern Literature Review Abstract Innovations are inevitable in the business nowadays as they lead to the increased efficiency. The more efficient the company is, the higher the profit it gains. This is equally fair for the product innovation and management improvement. Moreover, financial innovations are now even more desired. All these changes are beneficial for all parties, as development of the entrepreneurship leads to the social and political improvements. Therefore, within this paper, a literature review will be performed to reveal main discussions on the innovations in the financial management, especially in the commercial lending. Both advantages ...

Question 1: Why Cartwright Lumber Company needs cash

Despite the profitability of Cartwright Lumber Company, it still faces cash flow challenges. The financial statements indicate that the company has a low balance in its cash account. Profitability does not necessarily mean the firm has a stable cash flow. The income statements indicate that Cartwright Lumber has been profitable in each of the years from 2001. The net income has increased from $31,000 in 2001 to $44,000 in 2003. However, its cash balance has declined in each of the years. Large sales and profitability do not automatically translate into cash flows. The company has large balances ...

Introduction

Milton Friedman was a renowned economist and a reputable advisor of the United President Ronald Reagan and Margaret Thatcher who was a Conservative British Prime Minister. Friedman developed an influential and controversial manifesto on the role of the government in a free society on his work titled Capitalism and Freedom. His fundamental objective was to promote the laissez-faire economic policy by often disapproving the interventionist policies held by the government and their cost in economic efficiency and personal freedom within and outside the United States. It is with this light that Friedman provide his view on the significance of ...

The Federal government has limited options to address economic issues. These are generally described as “Fiscal policy” and “Monetary Policy.” In the most general terms, fiscal policy involves government tax and spend programs. The underlying theory is that tax cuts increase consumers spending ability by leaving consumers with more money and government spending provides a more direct stimulus by injecting money into the economy. Fiscal policy is generally identified under the popular “Keynesian Economics” label. Monetary policy, on the other hand, involves the central bank (the Federal Reserve Bank system, or “the Fed”) “adjusting” the money supply through interest ...

Introduction

Any new business must build its own roadmap, otherwise it is just like doing a project without a plan, and the results might be disastrous – it is good as not doing business at all. Creating a start-up budget is building a roadmap for a project or business. This is the most delicate and complex for a starter businessman/woman, but it is the wisest move to make. When you build a roadmap, you are anticipating possible problems for a business that is still unclear, which means you are looking ahead. A business owner must look beyond years, must be a ...

About the paper

The paper discusses the use of funds in government accounting and will delineate how the fund balance represents the available spending resources of the entity. In addition, we will also comment on the special purpose fund in government accounting.

Government Fund and Balance of Fund

With regards to government accounting, Funds refer to the independent accounting mechanism with a self balancing set of accounts. The equity account, that represent the difference between assets and liabilities, refers to the fund balance, which the government or the respective department can use for future investment or to meet working capital needs. In fact, the overall objective of fund ...

Introduction

Small businesses and entrepreneurship contribute to economic growth, a creation of additional jobs, fair competition, a decrease of monopoly. Historically, the male population was in the majority of those who managed businesses. Nowadays, more and more women create their own entrepreneurship yet some of the business located in developing countries seem to leg behind. The survey suggested several hypotheses according to which women do not intent to take the risk and expand a business, turning it into more lucrative. The research study on “The performance of female entrepreneurs: Credit, training and the moderating effect of attitude towards risk-taking” suggests ...

CHAPTER II

This chapter will seek to conduct an absolute inquiry into what makes up security interest laws in the United States. In order to lay the foundation for comparisons in subsequent chapters, the three main elements of the study of the Saudi system will be reviewed here in the context of U.S laws with an emphasis on California state law. The features of the California legal system will include the assessment of foreclosure rules and patterns in California. This will include a detailed fact-based evaluation of CCP580 (b), CCP580 (d) and CCP726 (a). The different components will enable the study ...

In 2010, President Obama signed the Patient Protection and Affordable Care Act (PPACA) to make changes in the health care system. Section 5204 has established to ensure public health workforce loan program. The law has ensured that the public health professional would receive up to $35,000 repayment loan for pursuing health degree. It was made to eliminate the shortage of health professionals in federal, local, and public health agencies. The section has generated positive results for the nursing profession and makes the supply of health professionals certain. It has managed the shortage of health professionals and increases their ...

Introduction

I always loved working with numbers since I was a child. I remember a time in high school when the principal punished me for getting A in math and F in English. It was a devastating experience, but I later came to admit that I was wrong. I was spending 99% of my time trying out new and more complex evaluations. Therefore, when time to choose university came, I had no doubt that I wanted to study a math related course. I just was not sure which course exactly would fit my taste. At some point, Grandmother came to ...

Imagining a family whose income is $100,000 per year with a burden of repaying student loans, I think it will make perfect sense if the payer defaults. The priorities in a family set up should be listed in an order of necessity and importance, and before one gets to repaying loans, he has to sort expenses like rent and food as well as clothing. Other necessities in this list will include budgeting for gas fuel and other facilitation costs. If the income is not enough to cover for these expenses, then it is perfectly okay for the loanee ...

The drafting of the valid agreement between the parties of the contractual relations is the key pillar for the maintenance of the credible business relations with the occurrence of the relevant rights and responsibilities between the participants of the contract. Based on the validity of the agreement, it is possible to prove the attitude of one party to the another one, interpret the scope of the rights and several other moments in terms of the contract law. With that, the validity of the agreement is grounded on some points based on which the findings regarding its force may be ...

Introduction

The debt and equity financing are the basic choices of raising money for a company or growing business (Kokemuller, 2016). However, organizations usually have options for seeking debt or equity financing where the option most rely on the source of funding that can be accessed easily by the company, its flow of funds, and the importance of maintaining control of the firm to its principle owner. Therefore, the debt to equity ratio will indicate the figure of the company’s financing that is proportionately given by the debt and equity. This essay illustrates the strengths and weaknesses of debt ...

After reviewing the financial astatement of Bank of America and CitiBank, we can find several informations regarding the performance of the bank. This analysis could reflect several strengths and the weakness of the bank. If we closely look at the operating ratio, then it is increasing gradually from 2011. This shows that the bank is able to reduce its cost. The bank’s operation is being more efficient due to which the bank is able to save more dollars as operating income for each dollar of revenue earned. While it is in the increasing trend, except for 2014, it ...

Bishop V Armstrong Aggregate Company

Facts Summary. Aggregates Company sent a letter of offer to the plaintiff on 2nd May to sell scrap mica at $180 per ton. The petitioner received the letter on the following day. Some few weeks later, Bishop learned that the market price had rocketed to $185 per ton. Bishop wrote to the respondent on 22nd purporting to accept the offer. Armstrong received the letter on May 30th, Armstrong repudiated the offer and adjusted the offer to sell at $ 187, the current market price. Legal Issues. Under this case, the court would have to make a determination on three issues. ...

A financial matter is regarded as the knowledge gained about financial management. A financial matter is a general issue related to the one who makes the continuing power of legal representation based on accommodating circumstances of financial matters. It takes account of all lawful matter that speaks about the financial relationships of the principal. I have been studying about financial matters for numerous years to prepare for future at my local university. According to Hedges (2011), a financial matter is like any other knowledge and acts an enduring progression in lives of people. I have also used supplementary tools ...

Credit Risk Management

Commercial Loan Market Commercial loans are debt arrangements agreed upon by the lender (business) and borrower (financial institution) to cover operational costs or fund business projects. During economic downturn, financial institutions are cautious of their lending and consequently import strict regulations that force borrowers to pay a higher interest rate. The agreement between the lender and borrower in the market is documented in a “credit agreement.” In credit risk management, the most important components of the agreement describe the covenants, the security requirements, priority of payments and events of default.

Segmentation of Commercial Loan Market

Financial institutions use credit rating to qualify borrowers based ...

Design and Methods

The research is a qualitative research, which aims to get non-numerical results. The hypothesis is that specific changes in the educational system can discourage young people from choosing the path of law breaking. Using the design of control group, the research is going to find out the value of the other factor by comparing the reactions of two groups. The confounding variable is special changes within the educational process. The methods are the individual case study and quasi-experimental design. The first method is important as it will determine the data of the both groups and by comparing them while ...

Galaxy International operates in a niche market; this is because skiing is only possible in very specific areas, and only a limited number of the population skis regularly anyway. Despite this, the company has performed outstandingly well to be achieving the level of sales with a small staff. This being said, Galaxy International needs to raise capital quickly and in an efficient way to successfully continue expanding to fully capture its full market size. By offering a unique product that is flexible yet tough, Jeremy is likely to continue to increase the volume of his sales and therefore the ...

2007 Economic Crisis Review

Abstract

This article is an academic review of the economic crisis that struck in 2007 whereby the world economy experienced deep and long prolonged recession with the crisis being considered as the worst to be experienced since the Great Depression . This article largely lies its basis on the U.S experience during that period with the effects, which resulted from the crisis in the overseas markets outlined. Also, the article brings an understanding of some of the conceptual underpinnings of the issues lying at the heart of the economic crisis. The underlying causes of the economic crisis ...

It is important to first examine the question on the value or importance of a college degree from a financial standpoint. Student debt continues to rise as tuition rates have increased to over 400 percent between the years 1982-2007 (London 361). Without adequate financial support or planning, for many individuals college may lead to overwhelming debt that will not be justified by the jobs that they will obtain. Too often students are graduating college only to find themselves employed in positions that did not require a college degree, yet the student loan payments remain a burden that cannot be ...

National Bank of Canada

National Bank of Canada is among the largest commercial banks in Canada, with its headquarters located in Montreal, Canada. The bank’s history dates back in 1859 when francophone businesspersons founded it (Cheffins, 1998). The bank has approximately 452 branches located in most of the Canadian provinces and approximately 2.4 million clients. The bank also has partnerships, subsidiaries and representative offices in other countries through which it serves both Canadian and non-Canadian customers. The bank has a public company ownership structure and its shares trade in Toronto stock market. This paper discusses in details the organizational structure, managerial practices, ...

1. Personal Annual Income

The personal annual income is $19,200.

2. Monthly Payment a) The monthly amount is found by dividing the annual income by 12: $19,200 / 12 = $1,600. b) The monthly payment is maximum 33% of the monthly income, which is: $1,600 ∙ 33% = $1,600 ∙ 0.33 = $528.00. c) Maximum required payment (monthly payment minus fees): $528.00 / 1.15 = $459.13.

This is the maximum amount that a person can afford to pay each month for a home loan.

3. Loan Amount Using the Excel table, the maximum amount for home loan was found for monthly payment $459.13 at 4.18% APR for 30 years. This amount is $94,113.00. Thus, a person can afford a house for about $94, ...

Organizational Chart

There are three types of decision making which are taking place at the different level of organization. At strategic level of decision, an overall picture of accounting information is needed which basically involves financial report such as balance sheets and income statement (Dichev, 2008). At functional level organization-level decisions that carry day to day, operations are taken. At functional level accounting data input and maintenance take place.

Q2. Users and Purpose of Accounting

Solution: Accounting refers to the recording of the transaction which includes the detailed examining of all the budgeting proceedings (Riahi-Belkaoui, 2004). The basic function of accounting is to provide all the information ...

Executive Summary

Better Fresh Juice Parlor is determined to create a distinctive place where customers can exchange meaning and entertain each other in a relaxed environment as they enjoy quality fresh juice and snacks. Apart from serving the customers, we will be conscious in providing satisfaction to our employees and steady returns to the shareholders by constantly reinvesting our profits in a portfolio of businesses. The business will capitalize on the high population of Minnesota Institution of Management as it focuses on developing a big customer base for its products. 1.1 Objectives

• To be the best Fresh Juice parlor in the region as rated by local authorities.

• To maintain a profit margin of 40% and above, • ...

QUESTION 1.

Gold Mine raised the following defenses. Assess the viability of each defense: That the offering was a private placement exempt from registration based on Section 4(2) of the Securities Act. Gold Mine may argue that it is exempt from the registration process. Section 4(a)(2) exempts transactions from registration if they do not involve a public offering. Gold Mines offering through the use of the PPM were directed at particular individuals rather than to the general public. Irving may argue that the over 1,000 professionals constituted a general public offering but likely this will not hold ...

Saudi Arabia is the world's largest exporter or crude oil, with the country exporting 68% the product to the Asian market. The nation enjoys a market share of 40%, enabling the government to fund a significant proportion of the budget from oil revenue. Consequently, Saudi Arabia was able to accumulate vast financial reserves in the years preceding the current low oil-prices when the price per barrel stood at $120 (Baumeister, & Kilian, 2016). However, the state of affairs has changed in the last couple of years following the drastic decline in oil prices. As a result, the country has experienced ...

Relationship between inflation and interest rates

Introduction Predominantly, most economic agents base their decisions on the current and expected changes in the economic conditions. Variations in interest rates have been used as a major variable by most researchers and policy analysts. Additionally, the behavior of interest rates in the economy has been studied since the interest rate is a significant macroeconomic factor to help in the understanding of how it is related to other macroeconomic variables and its impact on the economy. Primarily, interest rates entail the percentage of the loan that lending institutions charge as interest to borrowers, and it is mostly expressed as ...

LPIPT in Saraburi, Thailand, currently operates waste-to-energy power plants. Our company has brought a residual waste such as municipal solid waste (MSW), landfills and non-hazardous industrial trash into the sorting process. The main purpose of it is to improve quality, for example the heat, size, and chemical composition to be transformed as refuse derived fuel (RDF) production. Using RDF technology from Europe and China along with the machinery developments of the company ourselves gaves us an opportunity to produce RDF with a capacity of 2,500 tons/day for use as renewable energy for generating electricity of our 2 RDF ...

Background

Vigorous evidence indicates that quality education in the first years of life can reduce the risk of individuals from becoming involved in the violent crimes. Children who drop out from school usually do not improve their socio-economic status and tend to involve into the criminal behavior (Lochner & Moretti, 2003). It was revealed that dropouts are more likely to encounter with unemployment, commit crimes, and enter the correctional system (Steurer & Smith, 2003). A study of after school programs established through the California Juvenile Crime Prevention Demonstration Project found out that compared to when they started the program, crime and default-related ...

1. Corporate Governance refers to the mechanism or system in which enterprises are directed and controlled, especially in which the interests of stakeholders are balanced. It is also known as the relationship between various stakeholders of business such as shareholders, management, the board of directors, etc. (Tricker & Tricker, 2012). Corporate governance system varies from country to country due to the differences in the economic and political system. It can be observed in a way that American corporate governance is entirely different from that is followed in Japan and Germany. In America, corporate governance system is controlled and directed by ...

Discussion Board Posts

Main post starting a thread: “Closing the Wealth Gap: A Review of Racial and Ethnic Inequalities in Homeownership” by Meghan Kuebler Home ownership does not represent an equally realizable goal for all groups in the society, despite the fact that it is a very important investment that may secure a family’s future for generations to come. Although owning a home has been part of the American dream historically, not all groups in the society have had equal access to this privileged position as home owner. In reality, Whites are more likely than any other racial group to own ...

Introduction

One topic of great debate today is the amount of student debt being accrued by college students that, whether, they graduate or not, who leave college with debts from several thousand dollars to hundreds of thousands of dollars. These debts are, most often, federally owned. Student loan debt cannot be eliminated with a bankruptcy and can only be forgiven if the borrower were to die. At least that is how it has always been. However, there are today may people who feel that student debt should be forgiven by the government under of number of applicable circumstances. There are ...

Mao ruled China for the period from 1949 to 1976. During his leadership, Mao oversaw several initiatives that aimed to put across the progress of the country. Several of these revolutionary changes captured the attention of the media and received intensive debate from professionals and members of the Republic. Among the initiatives that received media attention is the five-year plan that was published in the first week of August 1955. The information in the extracts of the China Mainland Press indicated that the plan was drafted to happen between the years 1953 to 1957 (Pong, 2009). The five-year plan ...

Personal Financial Planning

Personal Financial Planning

Develop a workable operational budget Make payment to credit cards Formulate a savings plan Long Term Financial Goals for John and Beth Formulate and implement an investment plan Make payments to an investment plan Complete loan repayment Time Frame for Accomplishing Long-term and Short-term Goals Many economists believe that the time frame for accomplishing long-term and short-term goals should be between one and two years (Kaplan & Atkinson, 2015). In the case of John and Beth, the adequate amount of time that shall be required to formulate a workable financial operational budget shall be 2 weeks, while ...

at Rex Hill Winery

Management of Rex Hill Winery has been highly concerned about climate change. They have heard about the Solar Sprint campaign to go solar now before the federal tax credit expires at the end of 2016. They also knew about the other incentives available on installation of solar electrical systems. Considering environmental benefits, they desired to install a PV solar panel system at their property. However, they wished to take a final decision on the project based on a feasibility study. As Rex Hill’s consultant, I have been entrusted the job of preparation of a ...

QUESTION A

Credit Default Swap It is a financial instrument lenders use to hedge default risk. The lender acquires a CDS and pays premiums to the CDS seller who takes the default risk (Lasher 200). If the borrower defaults, then the CDS seller pays the par value of the loan to the lender. The CDS seller also pays the protection buyer accrued interests on the loan during the intervening period.

Cash flows in case of no default

Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly payments = 40,000/4 = $10,000 A will pay quarterly CDS premiums to B for the three years. At the end of ...

QUESTION A

Definition of Credit Default Swaps A CDS is an instrument used to transfer the risk of default or credit exposure between two or more parties (Fabozzi and Kothari, 2008). It protects the lender from the possible loss of default by the borrower. The lender (protection buyer) pays premiums to the CDS seller. In return, the CDS seller guarantees to pay the lender the face value of the loan plus interests due in the intervening period if the borrower defaults.

Cash flows

Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly payments = 40,000/4 = $10,000 The borrower does not default ...

QUESTION A

A Credit Default Swap is a swap that protects the lender from the risk of loss resulting from the default by the borrower. The protection buyer of the CDS (the lender) makes periodic income payments (CDS premiums) to the protection seller who in return guarantees to pay the lender the principal in case the borrower defaults.

Cash flows when there is no default

Notional amount = $1 million Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly CDS premium = $10,000 If the borrower does not default, the protection seller will make a profit of $120,000 at the end of the third year ($10,000 ...

Finance is a vast area of discussion that requires one's dedication and interest to understand it better. Under finance, there are major issues like corporate financial policy which has a lot to be studied. The corporate fiscal policy is defined as an innovative corporate finance course that mainly touches on equity and debt management, for example, the descriptions of types of debt and equity, distribution policy and security issuance, for instance, the design of capital structure and securities that controls information problems. The sub-topics in securities and financial policy can be discussed in details as below.

Debt and equity management.

Debt and equity ...

About the report

The objective of this report is to assist One-World Investment Consortium, who is planning to invest £150 million in Thomas Cook PLC, a British global travel company listed on the London Stock Exchange under the ticker sign of ‘TCG’. We duly understand the impact of our professional recommendation on Consortium’s final decision making related to investment, and therefore, we intend to be comprehensive in the approach our analysis. As for the structure of this report, it will be a two-part report. In the first section of the report, we will evaluate the past 5 year(2007-2011) financial performance ...

Question 3

In the play, A Doll’s House, different characters present varying characteristics that define their roles in the play. However, one of the key most impeccable characters from the play that creates some form of intrigue in terms of true identity is Nora Helmer. A review of the character projected by Nora indicates a significant shift in terms of character during the course of the play thereby highlighting some of the admirable qualities that one ought to expect from a woman in her status. In my view, the shift in terms of character projected by Nora during the course ...

Uiversity

Economic Outlook Economic Outlook provides detailed conjecture on progress, swelling, and equalization of finances, instalment parities, corporate revenue and a vast cluster of sectored markers. It provides expository viewpoint through clarification of the made forecast. This forecast helps companies like Apple in planning their goals as per economic megatrends. This economic outlook is apparently sponsored by vast crypt of confirmable and constantly overhauled prices of information. The accessibility of this database is to all administrative endorsers. The Government provides huge data on organizations and the associated diagrams. Additionally, there is provision of varied individual report pictures.

GDP changes and variations

The guardian of ...

A unit trust is a form of a collective investment scheme that allows investors to pool their money for the purpose of investing in the Malaysian stock market and other approved investment portfolios (Hassan, 2016). The unit consists of three parties, the fund manager, the trustee, and the unit holder (Hassan, 2016). A unit trust is governed by a trust deed that outlines the objectives of the fund, the investment style, and the relationship between the unit holders, the fund manager, and the trustees (Fabozzi and Markowitz, 2011). The fund manager is responsible of investing the funds of the ...

The case Thompson v. North American Stainless, LP addresses the scope of the retaliation provision under Title VII that enables protection for the employees against the illegal actions of the employers. Title VII of the Civil Rights Act of 1964 permits retaliation cases in order to decrease the exposure to the discriminatory activity in actions of the employees. Meanwhile, this article states that the retaliation should be understood as the situation when the employee of the firm was fired or reassigned as well as he was deprived of the certain range of the benefits if the employer considered them ...

Income statement analyses

This is also called the income and expenditure account analyses or the profit and loss analyses whereby the sales less the costs should either give a profit or a loss depending on the product line. With regard to the ViiToR XP, sales are expected to rise over the next two years given the activity as has been studied over the past quarter. In the Asia Pacific region the sales are expected to rise by 17.36% each quarter based on the sales that have been lost due to stock outs. The costs of producing these products are not going to ...

Executive Summary

Third party providers of proposition player services are a nascent, but a highly promising segment of the United States gambling business industry. There is much strong evidence suggesting that the number of casinos and other gambling establishments in the country is dynamically increasing. Thus, the importance of providers of third party proposition player services will be increasing simultaneously. At the same time, the practice shows that there are serious human resources problems in this area. In particular, the employee turnover rate in this industry is unusually high, sometimes reaching 35%. This research proposal provides a comprehensive introduction into the ...

About Quicken Loans

Quicken Loans was founded in 1985 and is the United States largest online lender. In its 30 years of operation, the company has helped over two million Americans get financing for their homes. Between 2013 and 2014, Quicken Loans was able to close over $140 billion in mortgages. The company has over 13,000 employees in its 29 locations spread all over the United States. According to Forbes Magazine 2016 rankings, the company is the 274th best employer in America (Dill, 2016).

Quicken Loan Values

Quicken Loans has 19 core values that are the foundation of the company’s culture and act ...

Despite the fact that the research results collected by Nielsen may be somewhat useful, they should not be trusted for any serious marketing initiative as they have serious factual flaws. Specifically, the manager of Nielsen mentioned that the participants of the project scanned all products they bought, and the research company automatically receives the data about their buying habits, allowable income and other characteristics, which may be useful in crafting effective marketing strategies (UNLV Online Education, 2014). The service advertised by them appears to be especially attractive because of global economic uncertainty. In particular, the companies from different industries ...

5 C’s of Credit 5 C’s of Credit In early times, the lack of financial institutions and absence of banks resulted in the exploitation of poor by the greedy financiers. Borrowers can only escape from the clutches of loan sharks if they have easy access to efficient credit networks. Moreover, credit network is also required so that the savers can deposit their money in reliable financial intuitions so that it can be channelized from the rich people to the poor industrialists (Ferguson, 2008). The primary relationship that money defines is between a lender and a borrower. This ...

Importance of Titles in Real Estate Financing

Abstract Acquisition of real estate is not an easy process because it involves outlay of huge amount of financial resources. Due to the high investment requirement, prospective owners often involve financiers through a loan, which is risky and prone to fraudulent activities. This risk requires a protection against imminent losses through insurance companies. Real estate is one of the properties that require title as a proof of ownership and evidence in case of transfer. The party seeking to extend a loan facility should do a thorough background check through a process called title qualifying. In this process, the lender ...