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Tip of the Day Refinance Your Mortgage if You Can Cut At Least One Point

Refinance Your Mortgage if You Can Cut At Least One Point - Refinancing a mortgage only makes good sense if you are going to save more than 1% on the...

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Ultra Vires Activities

Ultra Vires Activities - Ultra vires activities refers to a, any or all types of related and relevant business activity, decisions, or actions that a business undertakes, NOT in their mandate, NOT legal and allowed, NOT in their operating charter, scope. It could lead to legal repercussions and actions, suits by shareholders and/or consumers, third parties or industry, even competitors. Businesses not doing what they are registered to do or produce by law. Articles and founding documents state and define clearly what these are and should be, will be limited to. Why and what business they do have to be adhered to. Among the most common reasons for shareholder lawsuits, seen as a threat to initial and on-going investment, deemed harmful to the company longer term  to stop it effectively in its tracks.  If any process, activity or product, direction, is deemed outside of scope of the business’ charter, d interfering or undermining other markets/businesses, investors, third parties might also jump on the band wagon. Any inappropriateness in this arena, as defined by ultra vires activities could lead to legal threat, suits and potential actions.

 

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Any inappropriateness in this arena, as defined by ultra vires activities could lead to legal threat, suits and potential actions.

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These activities are good one and I hope that following these, I can become able to make things good for my academic tasks.

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Definition of the Day Survivorship Bias

Survivorship Bias In many cases, a company that has made it through a rough patch in its existence will be penalized in any reports that come out because of survivorship bias. These reports will not show that other companies have gone out of business during the...

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