The PSB is well established accountancy and consultancy firm that has been providing services throughout the Caribbean since the 1970s. On 2018 January 01, the firm agreed to create a floating charge of $100M over its fixed assets. This floating charge, registered on 2018 January 17, contained a clause providing that it would crystallise in the event of any default or enforcement proceedings against the company. On 2018 January 14, PSB refurbished its offices. In order to finance this interior design project, PSB withheld money due to the government and obtained a loan from KC Bank for $50M. Said loan was secured over some of the office furniture. This charge was registered 2018 January 17. On 2018 March 15, John, supplier of the office furniture demanded payment. Following the advice of the company’s financial director, the board secured the amount owing to John by a fixed charge over the company’s assets. The financial director also advised the board that PSB would have been unable to honour its financial obligations in the coming months.
A. Relate the difference between fixed and floating charge. (4 marks)
B. Outline the THREE (3) rules governing priority of charges and state how charges would be prioritised in the case. (6 marks)
C. Explain ‘crystallisation of charge’ and say when charges in the case would crystallise. (6 marks)
D. What are the rules with respect to registration of charges by the Companies Act? (4 marks)
Desmond was appointed director and managing director of Candore Limited. The terms of his service contract provided that he should hold office for eight years and this term was also stated in Candor’s Articles of Association. The other directors decided that Desmond should be removed from those positions and they placed such a resolution before shareholders at a general meeting and it was duly passed. Desmond is certain that his removal would be in breach of the Articles of Association as well as his contract and intends to seek legal advice.
A. Draft a statement for the board of directors explaining whether shareholders had authority to pass the resolution. Also, suggest what legal redress Desmond might have. (12 marks)

The first, and perhaps most important, step in constraint management is to identify the most pressing constraint.

To identify the most pressing constraint, follow these steps:

1. Analyze the process: Start by mapping out your entire process, noting each step involved in production or service delivery. This will help you visualize the flow of activities and identify any potential bottlenecks.

2. Gather data: Collect data on performance metrics such as cycle time, throughput, and work in progress (WIP) for each step of the process. This information will help you determine which part of the process is causing delays or inefficiencies.

3. Identify the constraint: Using the data gathered, identify the step with the longest cycle time, lowest throughput, or highest WIP. This step is likely to be the most pressing constraint as it has the greatest impact on the overall performance of the process.

4. Prioritize constraints: If there are multiple constraints, prioritize them based on their impact on the process and their ease of resolution. Focus on addressing the most pressing constraint first to maximize improvements in the process.

5. Develop an action plan: Create a plan to address the identified constraint. This may involve increasing capacity, improving efficiency, or redesigning the process. Be sure to monitor progress and measure the impact of any changes made.

In conclusion, identifying the most pressing constraint is crucial for effective constraint management. By following these steps, you can prioritize and address constraints in your process to improve overall performance and efficiency.

To know more about constraint management refer here

https://brainly.com/question/30408273#

#SPJ11

The statement is true. The self-financing portfolio made from high minus low book-to-market stocks is indeed called the High Minus Low (HML) portfolio.

The HML portfolio is a factor used in financial research and investment strategies, particularly in the field of quantitative finance. It compares the performance of high book-to-market (value) stocks with low book-to-market (growth) stocks to capture the value effect in the market. By constructing a self-financing portfolio that goes long on high book-to-market stocks and short on low book-to-market stocks, investors aim to capitalize on the potential profitability of value stocks relative to growth stocks. The High Minus Low (HML) portfolio is a factor used in academic research and investment strategies based on the Fama-French three-factor model. It is one of the factors used to explain the cross-sectional variation in stock returns.

The HML factor focuses on the difference in returns between stocks with high book-to-market (value) ratios and stocks with low book-to-market (growth) ratios. The book-to-market ratio is calculated by dividing a company's book value of equity by its market value of equity. High book-to-market stocks are considered to be undervalued or "value" stocks, while low book-to-market stocks are seen as overvalued or "growth" stocks.

Learn more about High Minus Low (HML) portfolio here:

https://brainly.com/question/32625826

#SPJ11

Explanation:

Honestly, you got this! Don't stress yourself too much! You are capable of AMAZING things! I am positive you will do great on this exam! Never stop working hard, but don't forget to reward yourself! You can do anything you set your mind to!

I don't know if this helped but GOOD LUCK!!

Answer:

8.0 percent

Explanation:

To find the unemployment rate you:

Hope this Helps

Special-interest groups that raise money to help elect lawmakers are called PAC.

A political action committee is the full form of PAC. It is a 527 organization that excavations campaign attempts from associates.

This also contributes to those monies to leaders, ballot enterprisingness, or civil law in the United States. In the United States, the legal term PAC was coined in the quest of campaign finance reform.

Therefore, PACs are special-interest organizations that raise money to assist elect legislators.

Learn more about the PAC, refer to:

https://brainly.com/question/13037219

#SPJ4

In an economy with an inflation rate of 8 percent, we can conclude that the olsen's nominal income: and real income both increased.

To learn more about nominal income refer to:

https://brainly.com/question/15315913

#SPJ4

Answer:

sorry I didn't see your question

Explanation:

very very sorry for my information

Answer:

Because of product's use of natural resources in its input (1) and dependence on the supply chain system of other companies.

Explanation:

The reason is that all of the companies rely on natural resources that the companies are processing and making it available for the other companies to utilize it to control its cost and complete the production of the products. The energy is a natural resource which every company utilizes and due to this its production is largely dependent on the firms that are processing natural resources to make it available for companies to utilize it.

The next most important thing is supply chain system of natural resource companies that helps the companies like AEC and even an individual to make the use of these natural resources in an efficient and effective manner. If I don't have access to fuel, then I cann't travel and traveling by using horses would be expensive and time consuming. So supply chain system of the other businesses play key role here.

Answer: True

Explanation:

At a socially optimal market outcome, the price of goods and services would incorporate all the costs and benefits of producing it including the third party benefits and costs known as Externalities.

When market failure occurs, it is because individual actions have resulted in an inefficient allocation of resources which means that the goods and services on offer will not adequately include the costs of producing gods and services. This is not a socially optimal outcome so the statement above is true.

Answer:

13

Explanation:

Trust me

Answer:

Employees who are paid a set annual wage regardless of the number of hours worked or the amount of work completed are paid on a SALARY basis. Salary system of compensation is often based on qualifications, seniority, experience and the degree of difficulty of the job that the staff is executing.

Based on the data given and the unemployment rates, the appropriate graph for the data is shown attached.

The title of the graph will be Unemployment Rate in the United States, 1955 to 2015. This would capture the all the years that the unemployment rate is being discussed on.

The y axis will be the axis where the unemployment rates will be listed so the best title would be "unemployment rates". This would allow for the graph to be properly drawn.

The x axis will be for the years and will run from 1950 to 2020 so that anyone looking at the graph will be able to see all the years that are being discussed and their relevant unemployment rates.

When the graph points are then connected, the shape would show a fluctuation but then a general fall after 1985.

Find out more on unemployment in the United States at https://brainly.com/question/14629507

#SPJ1

A trade sales promotion that typically involves paying retailers for financial losses associated with consumer sales promotions or reimbursing a retailer for an in-store or local expense to promote a specific product is known as  allowance.

An allowance  serves as the amount of money allotted usually at regular intervals for a specific purpose this can be in differnt context which could be way to provide an allowance to their child for their miscellaneous personal spending.

In the context above it can be explained as the  trade sales promotion  which could be paying to retailers for financial losses associated with consumer sales promotions.

Learn more about trade at:

https://brainly.com/question/17727564

#SPJ1

Answer:

f

Explanation:swsw

Answer: D. more expensive schools may be cheaper once the net cost has been determined

Explanation:

Choosing the higher education institution with the cheapest sticker price might be a bad idea because more expensive schools may be cheaper once the net cost has been determined.

It should be noted that sticker prices with regards to higher education scan sometimes give false information about the fees which will be eventually be paid. This is because one ma eventually find out that the total fees that were paid in the assumed cheaper school may be more than the expensive school once the net cost has been calculated and determined.

In order for one to be able to make a thorough decision on one's choice of school, higher institutions should provide better and more detailed information regarding the amount that students will pay in their schools net of grants or maybe scholarships.

The higher education institution and the sticker price are directly related to each other higher the education system higher will be the sticker price that is the total cost of the yearly tuition, books, room rents, and other fees that are charged within the institutions.

Choosing the higher education and the cheaper sticker price is a bad idea because:

Option D. more expensive schools may be cheaper once the net cost has been determined.

The higher education and cheaper sticker price are bad because the sticker prices quoted about the fees sometimes gives false information that will be eventually paid in the future once the net cost has been calculated and determined.

To know more about the cheapest sticker price, refer to the link:

https://brainly.com/question/12738121?referrer=searchResults

The industrial internet is D. integrates physics and analytics.

The industrial internet of things (IIoT) can be described as the interconnected sensors as well as the instruments which can be use together in a networked  manner with computers' industrial applications,

It should be noted that these could encompass manufacturing and energy management. However industrial internet  can be seen as the interconnected sensors and One example can be seen in the automotive industry, whereby IIoT devices is been used in the manufacturing process and the system helps to maintain these systems  as well as spoting potential problems before they can disrupt production.

Learn more about industrial internet at;

https://brainly.com/question/31981939

SPJ1

The choice is option A: a decrease in the consumption of textbooks and an increase in the consumption of ramen noodles.

When the price of a normal good, such as textbooks, increases, the purchasing power of the consumer decreases. This leads to a decrease in the consumption of the normal good. In contrast, when the price of an inferior good, such as ramen noodles, increases, the consumer will switch to purchasing more of the normal good, i.e. textbooks, and less of the inferior good.

Therefore, if textbooks are a normal good and ramen noodles are an inferior good, an increase in the price of textbooks will result in a decrease in the consumption of textbooks and an increase in the consumption of ramen noodles.

Learn more about consumption at

brainly.com/question/14369156

#SPJ4

The example of an unexpected event that can seriously affect the finances of any person is losing the job because the company's performance was poor.

Finance is defined as a broad phrase that encompasses activities such as credit, banking, debt, funds, capital markets, and investments.

Finance is defined as the obtaining, expenditure, and management of funds. The elements that affect the finances of any person is that the bank charges on an account overdraft.

The finances of any person may be affected by spending more than the person took in the past two months.

Therefore, option B is correct.

Learn more about the finance, refer to:

https://brainly.com/question/10024737

#SPJ2

The optimal price and markup in each location are computed as follows:Sydney:Price = (MC) / (1 + 1 / PED) = 20 / (1 + 1 / (- 2)) = $53.33Markup = ($53.33 - $20) / $53.33 = 62.5%.

Therefore, the optimal price is $53.33, and the optimal markup is 62.5% in Sydney.Broken Hill:Price = (MC) / (1 + 1 / PED) = 20 / (1 + 1 / (- 1.5)) = $46.67Markup = ($46.67 - $20) / $46.67 = 57.1%Therefore, the optimal price is $46.67, and the optimal markup is 57.1% in Broken Hill.Question 4a. The economy is not achieving input efficiency because MRSLK(rum) / MRSLK(hammocks) = 4 / 6 = 2 / 3 ≠ 1.b. Moving some labor from the hammock to the rum industry and increasing capital in the hammock industry will lead to a Pareto improvement in the economy.Question 5(a) At P = $50 per month, QS = 10($50) - 300 = 200, and QD = 600 - 10($50) = 100. Thus, the market is not in equilibrium.(b) The price will fall because there is excess supply in the market.(c) The price will fall to the equilibrium point, where QS = QD:10P - 300 = 600 - 10PP = $30 per month. The price will fall by $20.

To know more about markup , visit ;

https://brainly.com/question/28945726

#SPJ11

Answer:C

Explanation:It is C because to get your commission they need to transferred to your Income Statement and for rent they need to know that you can afford to live there.To purchase big stuff they gotta look at your income to buy it.

WASHINGTON (AP) – Qualified instructors can deduct unreimbursed COVID-19 protective equipment purchased to prevent the spread of COVID-19 in the classroom.

What are the objectives of instructors?

Teachers are responsible for creating and maintaining a civil, productive, inclusive, and engaging learning environment. Both teachers and students must approach the educational setting with decency and respect. A teacher is a form of educator. An instructor can be anyone, although it generally refers to someone who teaches hands-on skills, such as a water-skiing teacher or the knitting class instructor at the community center. "Instruction or teaching is more technical, like a specific skill set," he explains. "Coaching, on the other hand, involves overseeing a player's complete growth rather than simply a tiny element of it."

Know more about purchased Visit:

https://brainly.com/question/24112214

#SPJ1

Answer:

probly A im not forsure

Explanation:

A savings account that pays interest every 3 months is said to have an interesting period quarterly. Thus the correct option is B.

A fundamental kind of financial instrument that enables you to save your money and often earn a tiny bit of interest and utilize it at the time of Your emergency fund or savings for short-term goals is referred as a Savings account.

A savings account is considered to have semi-annual interest if interest is paid every six months. A quarterly fascinating period is said to exist in a savings account that pays interest every three months.

Similarly, A savings account that receives interest payments on a monthly basis is referred to as a monthly saving account, whereas a daily saving account receives interest payments on a daily basis.

Therefore, option B is appropriate.

Learn more about savings accounts, here:

https://brainly.com/question/3819980

#SPJ7

Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.

To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:

The flat-rate disability amount is $496.36 per month.

The maximum monthly disability benefit is $1362.30.

Krishna's entitlement to a CPP retirement benefit is $660 per month.

To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:

The disability benefit will be the lesser of:

Let's calculate the disability benefit based on the above formula:

Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)

= min($660, $496.36 + $660 - $496.36)

= min($660, $660)

= $660

Therefore, Krishna will receive a disability benefit of $660 under the CPP.

Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.

for similar questions on CPP.

https://brainly.com/question/30142401

#SPJ8

Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36

Leaders are more able to predict and influence the behavior of marines by understanding their motivations, values, and psychological factors, as well as providing clear communication, setting achievable goals, fostering a positive and inclusive culture, providing adequate training and resources, and demonstrating strong leadership skills.

All of which contribute to building trust, loyalty, and a sense of purpose among marines, ultimately influencing their actions, decision-making, and overall performance in the military context. This understanding helps leaders tailor their approach, offer effective guidance, and create an environment that promotes teamwork, discipline, and mission accomplishment, thereby maximizing the potential of the marines under their command.

Learn more about psychological factors,

https://brainly.com/question/9584227

#SPJ4

The time-series model below assumes that demand in the next period will be equal to the most recent period's demand is a naive approach. Thus the correct option is A.

When the willingness of an individual to buy any product is increased it gives rise to the demand. This willingness will shift with a change in the price or quality.

Using the previous era to make recommendations for the future is required by the naive approach of forecasting. Assuming that future demand will be identical to that of the previous period's demand makes the nave approach the most straightforward forecasting technique.

Therefore, option A is appropriate.

Learn more about demand, here:

https://brainly.com/question/10489478

#SPJ1

Answer:

Total Quality Management

Explanation:

Total Quality Management, or "TQM" as an abbreviation, is a management practice in which all members of a company must maintain high working standards in every area of duty.

Answer:

It means, "forcing producers to factor into their production costs the cost of the externalities created in the production of their output."

Hope this Helps!