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Question - John is a wine merchant and recently placed some wine in a commercial storage cellar he has not used before. When he delivered the wine, he was reassured by the cellar hand that the wine would be stored in appropriate conditions and was handed a receipt, which referred to terms and conditions to be found on the standard form contract. John asked for a copy of the contract, but was told that it would be posted to him. One week later, John received the contract which included the clause:- "The commercial storage cellars' servants or agents accept no liability for any damage or loss whatsoever which may occur to the stored wine" Three days after the wine went into storage, the air conditioning system broke down and was not noticed by the cellar staff for five days which unhappily corresponded with a heat wave. All of John's wine was ruined. John wants to sue for his loss. Discuss the issues raised in these circumstances. Is John likely to recover any damages?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
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Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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