See below Essay Example | Topics and Well Written Essays - 4500 words

See below - Essay Example The active participation of the legislature started from the (DPP v Myers, 1965 AC 1001) case, where the House of Lords, stated, that the no uniform principles were being followed, in the current scenario and the future determination of exceptions to hearsay should be left to the legislature. At the very onset, we should state that the Dictionary defines, ‘hearsay’ as ‘second-hand information’. Speaking in legal terms, Hearsay refers to the testimony given by a witness not about what they personally saw or heard but about something, someone else saw or said they heard. In legal cases, the use of hearsay has been resorted to include evidence that under other circumstances would not have been admissible in court. However at all times it must be borne in mind that Hearsay must not include, any form of gossip or rumours. To state it in a more simple form, hearsay is according to Sir Auld, â€Å" an assertion other than one made by a person while giving oral evidence in the proceedings as evidence as any fact asserted.† However, Hearsay is an exclusionary rule of Evidence Law albeit subject to a multitude of statutory and Common Law exceptions. Tracing the origin of the concept of ‘hearsay’ leads us to the trial of Sir Walter Raleigh, 1603 where wrongful judgement passed, based on hearsay evidence. It was this wrongful judgement that led the English Jurists to devise hard and fast rules with reference to hearsay evidence. Subsequently, all hearsay evidence was banned on the pretext that they were the admissions of a third party to whom neither the defendant nor the prosecution were privy to. It is obvious that the hearsay rule is intricately interwoven with the concepts of â€Å"truth† and â€Å"proof† and with the credibility, reliability and the memory of the witness in question. Hearsay contains within its womb a very high degree of implication and this implication weighs very heavily on the minds of the jury before they deliver a verdict.

PAPER 2- for the legal environment of business and online commerce Essay

PAPER 2- for the legal environment of business and online commerce - Essay Example Thailand’s economic system is based primarily on exporting, which accounts for greater than two-thirds of the Gross Domestic Product (GDP). The exchange rate for exporting is Baht 33.00/USD. The GDP has an average worth of 8.5 trillion Baht, equivalent to $627 billion dollars. Thailand is classified as the second largest economic country in Southeast Asia. However, it ranks halfway in the spread of wealth in Southeast Asia, the fourth richest nation. Its economy supports neighboring, developing economies, such as Laos, Burma, and Cambodia. Thailand had a financial crisis in 1997-1998, forcing the country to depend on exports. Its economic system is influenced by the automotive and manufacturing of electronic good for exports. Thailand focuses on agriculture but has decreased due to exporting goods and services. Corporate Ownership in Thailand is established by registering as a Thai limited company. After registration, the registered applicant can acquire land. The structure of this ownership consists of a minimum of seven permanent, distinct shareholders. The director of the corporate ownership must be a foreigner. However, initially, the director is Thai because the Thai individual has to apply for a Tax ID and VAT registration for the company. In the Thai Law or Land Code, Thai nationals have at least 51% of the shares. A maximum of 49% of shares can be owned by foreign shareholders. This rule is also in the Land Code Prohibition of foreign land ownership. Since Thai Law does not restrict one share equaling one vote, the company is allowed to issue classified shares, which are the A-Shares or Ordinary Shares and the B-Shares or preferred Shares. The A-Shares or Ordinary Shares states that the holder of one share is entitled to one vote. However, the B-Shares or Preferred Shares state tha t only a shareholder of multiple shares obtains a vote. Foreign shareholders are assigned A-Shares, and B-Shares are assigned to Thai

American Political Science :: Politics Government Essays

American Political Science In politics as in political science and legal scholarship, the world sometimes seems to be divided into those who think that for the sake of efficiency as well as justice markets must be free from regulation by morals and those who believe that, considerations of efficiency notwithstanding, justice demands that morals govern markets. In his instructive and admirably balanced new book, Cass Sunstein contends that, for all concerned, this is a bad way for the world to be divided. Sunstein sets out to show the superiority of a third view: markets and morals exercise a reciprocal influence on each other, and a respectable political science and a responsible jurisprudence must grasp the complicated relationship between them. In support of his thesis, Sunstein examines a remarkable range of ideas and issues: the ambiguity of preferences; the need to devise empirical measures of human well-being to solve problems of adjudication and public policy that arise in the modern welfare state; the complex origins, the pervasive influence, and the political regulation of social norms; why markets alone cannot put an end to discrimination; free speech issues raised by the Internet; constitution making in Eastern Europe; the relation among property rights, democracy, and constitutionalism; neglected consequences and complicated trade-offs in the regulation of the environment and health; and the project of using the legal system to democratize America. In making his case, Sun stein is conscientious about introducing qualifications to his claims, drawing out problems of implementation inhering in his reforms, and identifying dangers associated with his programs, though occasionally he blurs the distinction between openly acknowledging a difficulty and responding to it by scaling back his theoretical ambitions or revising his political programs. The two crucial and connected points, to which Sunstein returns again and again, are that markets are complex institutions and that morals are an irreducible element of social and political life. It is not exactly that there is no such thing as a free market or that morals are everywhere, but that free markets cannot be understood in isolation from beliefs and practices, especially beliefs about what is just and good for human beings and practices that prepare or prevent one from participating effectively in commercial, democratic society. Moreover, because they depend on and are partly constituted by law, free markets are not only more complex but also less autonomous than they sometimes appear. For example, the law of property provides rules of entitlement and the law of contract establishes rules of transfer.

Class Evaluation

To be honest, I think the class was organized just right even though it was a very fast course. It seemed like we covered a lot of ground in just few months. I feel like I got more out of this class than I have in some of the other classes I have spent entire semesters in. I also found it helpful that there was some variation in the assignments. From the assignments and researches, I achieved a great deal of understanding about critical thinking, writing a correct sentence and most of all realizing the different thoughts from different people in the class.People have their own opinions in every worked paper we have done which helps me to realize that people have different believes concerning different issues. I respect every once opinions and am happy that I took them as a good knowledge gained. I just wish I would have taken a class like this sooner! The research and actual writing process just seems so much easier once you break it down. As this is my first semester, I experienced a lot of learning experience. I hope I can use the little knowledge I gained from this class to the next classes coming my way.After taking this course, the process for writing a paper seems so much easier. It is  just a matter of learning the right techniques for finding sources and actually writing the paper. I know that I will definitely use what I have learned in the near future. I believe everybody in this class is cool, smart and each of you has a great potential in life and I hope we all achieve the same goal we pursuing in life. And hope we put what we just learned from this class into a great used. Thank you so much Dr. Lumpkin!This class has been one of the most helpful classes I have ever taken. Before taking this class, I thought I knew the proper techniques for writing a research paper, but was I wrong. One of the most helpful aspects of this class has been the fact you always want us to understand about the research. The way you teach the parts of speech was so aweso me. What I really like about it is your verb agreements! At least it helps me to realize correct pronunciations of a sentence which is a great advantage and I know that’s your main motive.I believe you excellent. You are just not a good lecturer but a good mother. I said this because you were not just there to discuss about the subject but about life in general. You shared most of your life experience with the class and I am so very happy you did. You are always in a good mood whenever you come into class and this makes me confident to participate in class discussion which I am so happy of. Am just glad I had you as a lecturer all thanks to Wayne county community college.

To Obey or Disobey - 1771 Words

Obedience is an age old expectation that rulers, priests, and government officials have required for years from their subjects. Most of the time individuals follow their leaders without question. This is the case because the population from which obedience is required believes that they continue to have a choice. When, for whatever reason this belief is lost, some individuals will begin to exhibit an increasing disobedience to the requirement. This often increases to the point of violence or, the case of a country, war. While there are all types of disobedience, this paper will discuss civil disobedience and the social pressure often associated with it. A good example of this type of cycle can be found in the historical background†¦show more content†¦(724) Universities over time have done a lot of research trying to understand why people obey and disobey. Most people believe they are good and trustworthy. These individuals feel no matter what occurs they will always try to do the right thing in their day to day life. In The Perils of Obedience, Milgram tells of a woman â€Å"that the last shock she administered to the learner was extremely painful and reiterates that she did not want to be responsible for any harm to him†. (695). Despite her desires she still administered the shock, thus being obedient to the person in charge and not to what she believed. Individuals who still believe in the concept called into question by the disobedient group, often feel intense pressure to maintain loyalty to the old ruling entity. In Doris Lessing’s article, Group Minds, she states â€Å"But the majority will continue to insist-speaking metaphorically-that black is white, and after a period of exasperation, irritation, even ange r, certainly incomprehension, the minority will fall into line†.(724) Pressure to conform can manifest itself in another way as well.. Individuals may feel compelled to follow the ideas and rules of someone else and follow that group of people no matter what path it my lead them down or where those ideas and rules may take them. Social pressure comes from everywhere; family, church, friends, jobs, co-workers, and etc.. During theShow MoreRelatedArticles on Whether to Obey or to not Obey1027 Words   |  4 Pagesconsider them â€Å"just† and to ultimately obey to their guidance. We must be â€Å"just† followers in order to recognize a â€Å"just† leader among all of the â€Å"unjust† ones. Obeying to leadership is as important as having a sane population to be lead. The second article written by Erich Fromm was entitled â€Å"Disobedience as a Psychological and Moral Problem.† The main idea is that people should primarily evaluate their mo ral and ethical principles rather than blindly obey authority. The author gives evidences fromRead MoreOrders: Non-commissioned Officer and Order Essay1011 Words   |  5 Pagesallegiance to the same; and that I will obey the orders of the President of the United States and the orders of the officers appointed over me, according to regulations and the Uniform Code of Military Justice.† Whether you’re black or white, woman or man, your first language learned was Spanish or English, if you enlist in the United States Military you swear this oath. National Guard enlistees swear a similar oath but with an addition that they â€Å"swear to obey the orders of the Governor of theirRead MoreThe Holy Qur An And From Authentic Hadith From Our Beloved Messenger Of Allah926 Words   |  4 Pagesthe group. To show the importance of having a leader the Messenger of Allah (Sallallahu alayhi wa salam) also said, â€Å"If a man takes an oath of allegiance to a leader, and puts his hand on his hand and does it with sincerity of his heart, he should obey him as much as possible. If another man comes and contests him, then behead the other one† (Welcome). Of course, just having a leader is not the point. The leader must be just and have the people’s best interest at heart. Aisha (radiallahu anha) reportedRead MoreEssay on The Role of Power in Obedience1381 Words   |  6 PagesTo Obey or Disobey: The Role of Power in Obedience People’s decision to obey or disobey the law is based on how much power (in its various forms) they perceive the law to have behind it. The power of coercion is one maintained by every government in human history: the power to punish. The power of legitimacy is a much more subtle power: the power to appear as an authority and let others presume that you know best. While enforcing law, authorities will exercise both these powers. Both powersRead MoreObedience Is Not A Bad Thing Essay1420 Words   |  6 PagesCompliance with an order, request, or submission to another’s authority is obedience. Just about everyone obeys someone or something on a daily basis without even thinking about it. It is normal and useful for keeping law and order in a common civilized society. Obedience is not a bad thing, it is just a way of controlling people. However, the opposite end of obedience is disobedience which is usually viewed as bad, especially in the context of a societal view. Both obedience and disobedience serveRead MoreObedience Is Not A Bad Thing Essay1465 Words   |  6 PagesObedience is defined as compliance with an order, request, or submission to another’s authority. Just about everyone obeys someone or something on a daily basis without even thinking about it. It is normal and useful for keeping law and order in a common civilized society. Obedience is not a bad thing, it is just a way of controlling people. However, the opposite end of obedience is disobedience which is usually viewed as bad, especially in the context of a societal view. Both obedience and disobedienceRead MoreDisobedience as a Psychological and Moral Problem780 Words   |  4 Pages while irrational authority would be identified by the likes of a slave and his owner who demonstrates complete disregard of the slave’s happiness or well-being, his only interest being how the slave will benefit him. Through a veil of lies man obeys the State, the Church, the mass opinions of their peers, or any other organization that they view to be in power. This affords him a false sense of safety and protection. In his obedience, man feels strong allowing him to be controlled by the fearRead Moreâ€Å"Disobedience as a Psychological and Moral Problem† Disobedience as a Phycological Moral Problem by Erich Fromm796 Words   |  4 Pages while irrational authority would be identified by the likes of a slave and his owner who demonstrates complete disregard of the slave’s happiness or well-being, his only interest being how the slave will benefit him. Through a veil of lies man obeys the State, the Church, the mass opinions of their peers, or any other organization that they view to be in power. This affords him a false sense of safety and protection. In his obedience, man feels strong allowing him to be controlled by the fearRead MoreEssay Just and Unjust Laws: Should the Unjust Laws be Obeyed?751 Words   |  4 PagesOne has not only a legal but a moral responsibility to obey just laws. Conversely, one has a moral responsibility to disobey unjust laws. Martin Luther Kings words, which just correspond with the above assertion, perfectly tell us what to do in face of laws, either just or unjust. To be sure, modern laws are made to express the general will, a will that aims at the common good. This means that laws in most cases intend to protect every social member’s rights under the principle of justice andRead MoreRigh and Wrong656 Words   |  3 Pagesfrom the statement of a perfectly general moral principle to its application in his particular case: * One ought never to do wrong (even in response to the evil committed by another). * But it is always wrong to disobey the state. * Hence, one ought never to disobey the state. And since avoiding the sentence of death handed down by the Athenian jury would be an action in disobedience the state, it follows Socrates ought not to escape. The argument is a valid one, so we are committed

The Nature Of Psychology As A Discipline - 1714 Words

In the media we often encounter rather unfavourable portrayals of psychology, which characterize it as a â€Å"soft†, intuitive subject. It receives a lot of criticism for failing to precisely test and predict the examined phenomena. Psychology is falsely perceived by many as the pure study of the abstract, metaphysical â€Å"mind†. The ambiguity of the concept makes any scientific investigation of human behaviour questionable. However, this belief is a misconception. Although there are aspects of human behaviour that limit the systematic approach, there are no implications that it is entirely inappropriate or impractical. In reality, psychologists widely employ scientific methodology in search for new knowledge and confirmation of existing theory. This essay will explore the debate on the nature of psychology as a discipline by examining its multiple paradigms and the applicability of the systematised method to the study of human behaviour. What makes a field or discipline scientific? Philosophers and scrutinisers have offered multiple criteria for defining the scientific nature of study. In the article â€Å"What Separates Science from Non-Science?† Berezow and Hartsfield outline the characteristics of a scientific discipline: clearly defined terminology, quantifiability, highly controlled experimental conditions, reproducibility, and predictability and testability (Berezow Hartsfield, 2012).. It is argued that psychology does not meet all five requirements and therefore cannot beShow MoreRelatedThe Diver810 Words   |  4 Pagesse Nature of Psychology The Diverse Nature of Psychology Christine Woyner PSY 490 September 19, 2011 Edna Foster The Diverse Nature of Psychology The diverse nature of psychology begins with making a difference in a diverse setting. This involves the implementation of critical psychology concepts, subdisciplines and subtopics, motivation, behaviorism, and cognition. Moreover, these subdisciplines and subtopics may be applied to other disciplines in contemporary society. In additionRead MoreEvolution Of Evolutionary Psychology And Culture1151 Words   |  5 Pagesarticle, Sadd (2012) explains the relationship of evolutionary psychology and culture, particularly regarding popular culture. He argues the theory of evolution is widely applicable in multiple disciplines. While evolution theory is essentially biological in nature, it can also give us insight to our culture, society and human behaviours. According to Sadd, recurrent themes in cultural forms could be explained by evolutionary psychology. He uses example of song lyrics and collective wisdom to demonstrateRead MoreThe Diverse Nature Of Psychology1157 Words   |  5 Pages The Diversity Nature of Psychology Anna Van Norton PSY/490 June 29, 2015 Dr. Edna Foster The Diverse Nature of Psychology Psychology is a diverse area of study; it is not an easy task. The field of psychology is so diverse and is always changing and evolving. Because of the always expanding of nature, there is not just only one theory that can explain and answer all of the questions that are associated with psychology. Psychology has always been defined by its diversity. It is theRead MoreThe Diverse Nature Of Psychology1200 Words   |  5 Pages The Diverse Nature of Psychology Name Institution The Diverse Nature of Psychology Introduction Psychology consists of a wide collection of diverse concepts, which influence its precise nature that includes the study of behavior and mind in different organisms. Ideally, these organisms range from the most complex to the most primitive. In essence, diversity involves recognizing the variability of characteristics, which make people unique such as their physical appearance, partnered/maritalRead MoreWhat Are Some Psychologists?1597 Words   |  7 Pagesact as critical evaluators and clarifiers of psychology s ideas and practices, and focus on the process of theorising itself, while other psychologists do not engage in theoretical research at all. Empirical facts are understood in the light of a specific theory, and theory is built from a careful consideration of the facts. Indeed, theory and research are so intertwined that neither can exist without the other, and both are required to see psychology flourish (Sandin, 2006). While this is a generallyRead MoreThe Diverse Nature of Psychology Paper951 Words   |  4 PagesThe Diverse Nature of Psychology Paper Sophia Martinez Psychology 490 Capstone Course in Psychology October 5, 2011 Giselle Gourrier, Ph.D. The Diverse Nature of Psychology Paper Psychology is a discipline that has extensive implications for other areas of science while simultaneously maintaining a narrow concern for the derivation of scientific knowledge about human and non-human behavior (Stanovich, 2010). This paper is concerned with the assessment of two sub-disciplines and sub-topicsRead MoreRationalism vs. Empiricism Essay1573 Words   |  7 Pagesthe rationalist and empiricist schools did not have any relationship to the study of psychology at the time, it has contributed greatly to facilitating the possibility of establishing the discipline of Psychology. This essay will describe the empiricist and rationalist debate, and will relate this debate to the history of psychology. The debate between rationalist and empiricist philosophers looks at the nature of knowledge, and specifically, how we gain this knowledge. Rationalists and empiricistsRead MoreAbnormal Psychology1154 Words   |  5 Pages Abnormal Psychology: The field of abnormal psychology is a scientific discipline that focuses on examining the causes of mental dysfunction or abnormal behavior. Some of the major areas of study in this field include emotional disturbance, psychopathology, mental illness, and maladjustment. This scientific discipline examines abnormal behavior since such actions are expressed due to psychological dysfunction that contains some features of deviance, potential injury, and distress. As various typesRead MorePsychological Analysis On Human Behavior913 Words   |  4 Pagespredict group trends, even when such does not apply to individual cases. A final obstacle that sometimes impedes the correct interpretation of scientific psychological predictions of human behavior is the probability of chance. The role of chance in psychology is often misunderstood. A degree of chance and coincidence play a role in the accuracy of predictions, and for this reason, individual predictions about human behavior are therefore impossible. Therefore it should be strongly affirmed that, â€Å"[c]linicalRead MoreSocial Psychology : Psychological Psychology1658 Words   |  7 Pagessocial psychology, what shapes our attitudes, what do they do, and what is the income of a social psychologist? Social psychology is important because people have gone through depression and anxiety. A social psychology can help one recover from the inside pain. Social psychology is a discipline that uses scientific methods to explain how the brain works, feelings and behavior of individuals are influenced by the actual, imagined or implied presence of other human beings. Social psychology typically

Corporate Finance Quiz - 726 Words

IMBA -FIN 6425 – Quiz 1 Corporate Finance - Solution– Nimalendran This is an individual quiz and you should submit the answers on-line by the scheduled date. You are allowed to use any resources EXCEPT help from any other person. You are allowed to use EXCEL for the calculations. 1. Barkley Credit Union sets a low annual percentage rate (5%) for all its credit card customers instead of basing the interest rates on the customers’ credit scores. Consequently Barkley is exposed to ______________.? a. Moral Hazard b. Screening c. Adverse Selection d. Signaling Answe C 2. Bob, an environmental economist, has struggled for a year to write a paper that will be read by 50 people at most to show that, in case he must†¦show more content†¦$1,200,000 c. $339,870 d. $125,846 Response: NPV = -2,400,000 + [(1,200,000)/(1.15)] + [(1,200,000/(1.15)^2] + [1,200,000/(1.15)^3] = 339,870 Answer C 6. A capital equipment costing $300,000 today has no (zero) salvage value at the end of 5 years. If straight-line depreciation is used, what is the book value of the equipment at the end of three years? (Chapter 6) a. $120,000 b. $80,000 c. $60,000 d. $40,000 Annual depreciation = $300,000/5 = 60,000 Depreciation for 3 years = 180,000 Book value = 300,000 - 180,000 = 120,000 Answer A 7. The market value of Charcoal Corporation s common stock is $20 million, and the market value of its risk-free debt is $5 million. The beta of the company s common stock is 1.25, and the market risk premium is 8%. If the Treasury bill rate is 5%, what is the company s cost of capital? Ignore taxes. (CAPM, Chapter 8) a. 15% b. 14.6% c. 13% d. None of the above Response: rE = 5 + 1.25(8) = 15 ; rD = 5%; Company Cost of capital = 5 (5/25) + 15(20/25) = 1 + 12 = 13% Answer C Use this information to answer questions 8 and 9: AmTrade is a full service broker that is considering expanding into internet brokerage business. The project is expected to last 5 years. The firm has market capitalization (market value of assets) of $1billion and it has a market value of Debt/Equity ratio of 0.5. ETrade is a pure internet brokerage Company and it has an equity beta of 1.2 and a debt betaShow MoreRelatedCorporate Finance Quiz2459 Words   |  10 PagesCorporate Finance – Chapter 2 – Long Quiz 1 1) Marvelous Entertainment Group, Inc. had net income of $32.7 million in 2005. The firm paid no dividends. If there were no further changes to the stockholders equity accounts, then _____ by $32.7 million. [ ] common stock must have increased √ [ ] retained earnings must have increased [ ] total stockholders equity must have decreased [ ] capital surplus must have decreased [ ] the market value of the firm s stock must haveRead MoreJeff Madura Solution Manual1199 Words   |  5 Pagesjeff-madura-solution-manual-international-financial.pdf filetype: PDF INTERNATIONAL CORPORATE FINANCE JEFF MADURA SOLUTION MANUAL Read Online and Download PDF Ebook International Corporate Finance Jeff Madura Solution Manual. Download International Corporate Finance Jeff Madura Solution Manual PDF file for free, Get many PDF Ebooks from our online library related with International Corporate Finance Jeff Madura Solution Manual.... international-corporate-finance-jeff-madura-solution-manual.pdf filetype: PDF INTERNATIONALRead MoreUniversity of Phoenix Corporate Finance Syllabus1329 Words   |  6 Pages| Syllabus School of Business FIN/571 Version 5 Corporate Finance | Copyright  © 2011, 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course applies corporate finance concepts to make management decisions. Students learn methods to evaluate financial alternatives and create financial plans. Other topics include cash flows, business valuation, working capital, capital budgets, and long-term financing. Policies Faculty and students/learnersRead MoreInvestments Final1270 Words   |  6 PagesQuiz 2 Corporate Finance NAME ______________________ Apring 2013 2012 70 pts Show all work MC=5pts each 1. Find the EPS (y-axis) // EBIT (x-axis) crossover point of the following two capital structure plans. Complete the table and Draw the graph and show all the points including crossover, where line crosses y-axis, and the three EBITs below 30pts Assets = $3,000,000 Stock Price = $20 Interest Expense = 12% PLAN I D/E = 1.1 Recession ExpectedRead MoreThe Role Of Finance And Its Effect On Portfolios, Managing Portfolio Risks And Tax Liabilities1231 Words   |  5 PagesBusiness Finance Whittier College Radoniqi Summer 2016 Quiz #1 1. Explain the role of finance in society. The common perception is that finance is associated with wealth management – enlarging portfolios, managing portfolio risks and tax liabilities, ensuring that rich grow richer. 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Date: 09/04/2012 ) Course name: Corporate Finance Course code: FIN202 Level: Implementation period: from 25/06/2012 14/07/2012 Group leader /lecturer: Phá º ¡m Tà ´ Hoà  i E-mail: Hoaipt@fsb.edu.vn 1) Main objectives and goals of the course Upon completion of this course, students should: 1.Understand the key issues of financial management in company 2.Gain an understanding of financial markets andRead MoreAdvanced Corporate Finance4303 Words   |  18 PagesUniversity of Puget Sound School of Business and Leadership BUS 434 Advanced Corporate Finance Professor Alva Wright Butcher Tues-Thurs 11:00-12:20 McIntyre 107 Spring Semester 2012 Office: McIntyre 111 I Phone: 253-879-3349 FAX: 253-879-3156 Office Hours: T-Th: 1:00-1:50 Wed: 9:30-10:30 And by appointment Note that I am always willing to schedule additional office hours by appointment. I check email frequently, so that is also a goodRead MoreFinancial Management14158 Words   |  57 Pagesstructure: 1. Introduction 2. Learning objectives 3. Section title Meaning Definition Objective Advantages of wealth maximization Criticisms of wealth maximization Scope Functions of Financial Management Role and function of the finance manager Financial Management and Economic Financial management and Accounting Evolution of financial management Functional areas of financial management Financial decisions Have you understood questions Summary Exercises References FinancialRead MoreFinal Question Paper: Corporate Finance24063 Words   |  97 Pagesexpansion. Rockwood currently has 16 million shares outstanding and following the expansion announcement these shares are trading at $25 per share. Rockwood has the ability to borrow at a rate of 5% or to issue new equity at $25 per share. If Rockwood finances their expansion by issuing $100 million in debt at 5%, what will Rockwood s cost of equity capital be? | a. 11.25% | FIrst, since the project is already announced, any positive NPV is already reflected into Rockwoods current stock price.Read MoreFinc600 Week 2 Practice Quiz737 Words   |  3 PagesFINC600 Week 2 Practice Quiz Click Link Below To Buy: http://hwcampus.com/shop/finc600-week-2-practice-quiz/ Corporate Finance Week 2 Practice Quiz Question 1 of 15 If the Wall Street Journal Quotation for a company has the following values close: 55.14; Net chg: = + 1.04; then the closing price for the stock for the previous trading day was? A. $56.18 B. $54.10 C. $55.66 D. None of the above. Feedback: Previous closing = todays closing net chg. = 55.14 - 1