of the United Commercial Bank Limited. From the information provided by them, we have been able to draw a vivid idea about the modus operandi of L/C. In this report, we have provided all the necessary information regarding L/C. 1.2 History and Company Overview UCB is today one of the leading private commercial bank in Bangladesh. Starting its operation in mid 1983 UCB has been able to establish one of the largest networks of 84 branches as on 31.12.2006 among the first generation banks in the
Words: 4803 - Pages: 20
the materials for the Dash 8 airplane which comprises 65% of de Havilland’s total manufacturing cost as a result of a company directive to reduce parts pricing by 25%. The flap shrouds and equipment bay door supplier arrangements have come up for consideration and the opportunity to satisfy the new strategic sourcing policy of fewer suppliers with long term, fixed contracts, along with reductions in cost of materials, has presented itself by going out to tender. Kim Tomar, Financial Analyst
Words: 2267 - Pages: 10
firm. There are also a lot of risks involved when handling a flash drive. For an example of the risks involved for using an external device is as followed; * Stolen - Someone stealing your flash drive that might have sensitive data from your company on it is a major risk. * Lost - Since the flash drive is very small and it is very easy to carry with you but because of the size it is also very easy to lose. * Damages (external) - Being damaged is very easy to a flash drive since it is
Words: 1544 - Pages: 7
manufacturing firm differ from those in the service or merchandising industry primarily with transactions related to material, labor, and overhead. A manufacturing company has three basic inventory accounts: raw materials, work in process, and finished goods. (Goosen, pp. 31-46) Because the cost of goods manufactured is critical, a manufacturing company typically has a statement called cost of goods manufactured. The accounting for overhead in a manufacturing firm involves many complexities as does measuring
Words: 1892 - Pages: 8
Interview a Manager Agnes Littlejohn UMUC Interview a Manager Edward Green is the Manager of Office Services at NGES which is a leading global security company that provides innovative systems, products and solutions in aerospace, electronics, information systems, and technical services to government and commercial customers worldwide. His job responsibilities include managing and organizing the daily operations of printing and reproduction operations, including production and distribution
Words: 1958 - Pages: 8
World is a manufacturing company making office supplies. 2. Stasia Acosta must decide whether she should permit her largest customer to buy some of AAA’s commonly used file folders under the customer’s brand rather than AAA’s own FILEX brand. 3. If Stasia refuses, this customer BCI will go to another file folder producer and AAA will lose this business. 4. AAA’s refused this proposal twice in the past because of the company policy to avoid one company dependency and not to brand
Words: 610 - Pages: 3
explain three stages of Contract law, Offer, Acceptance and Revocation and how they apply to the given situation. As a marketing strategy Winder Ltd placed an advertisement in the ‘Dailey News’ newspaper and on their website offering ‘Free unlimited E-Books for a year available to its first 30 new customers, stating they must apply on-line before the 5th November 2011. By taking up this offer the reader will be entering into a contract with Winder Ltd. A contract is a legal agreement and
Words: 1816 - Pages: 8
CONTRACT LAW 2012/2013 CONTRACT LAW Content: Formation of contract. Vitiating factors. Terms. Privity of contract. Discharge of contractual obligations. Remedies. Limitation of actions. BEA1003/BEA1003A 2 Contract FORMATION OF CONTRACT A contract was defined in the 19th century by Sir Frederick Pollock as “A promise or set of promises which the law will enforce”. The requirements of a valid contract are: 1.Agreement. 2.Consideration. 3.Capacity . 4.Intention to create legal relations
Words: 6626 - Pages: 27
actually made in China and he went back to the shop and wants a refund from the shop owner. However, the shop owner refused to pay back Billy. In this case it would be a voidable contract because the law allows that party to withdraw from the agreement if there is misrepresentation or fraud occurs in the contract. For example, Billy wanted to a refund from the shop owner because he gave wrong information to Billy as the GEZZ watch was made in Switzerland but actually made in China. Elements
Words: 2738 - Pages: 11
| STUDENT NAME : Nayomi EkanayakeSTUDENT NUMBER : CT/HNDBM/39/32MODULE NAME : Aspect of Contract and NegligenceASSESSOR : Mr. Seevali Amithirigala DATE OF SUBMISSON : 10.01.2013 | | | Aspect of contract and negligence | | Aspect of contract and negligence | Acknowledgement I would like to express my gratitude to Mr.Frank Gunasekara who gave me the possibility to complete this assignment and for the guidance and
Words: 4431 - Pages: 18
