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ECS3701 ASSIGNMENT 2 SEMESTER 1 & 2
QUESTION 1 Discuss how collateral and indirect finance are used in explaining the basic facts aboutfinancial structure around the world. Collateral is a prevalent feature of debt contracts for both households and businesses. Collateral is property that is pledged to a lender to guarantee payment in the event that the borrower is unable to make debt payments. Collateralized debt (also known as secured debt to contrast it with unsecured debt, such as credit card debt, which is not collateraliz...
- Exam (elaborations)
- • 7 pages •
QUESTION 1 Discuss how collateral and indirect finance are used in explaining the basic facts aboutfinancial structure around the world. Collateral is a prevalent feature of debt contracts for both households and businesses. Collateral is property that is pledged to a lender to guarantee payment in the event that the borrower is unable to make debt payments. Collateralized debt (also known as secured debt to contrast it with unsecured debt, such as credit card debt, which is not collateraliz...
CPR3701 Assignment 02 Feedback
I. Discuss the Circumstances under which an error in a charge sheet may be corrected. Section 86 allows for the amendment of charge sheets that are defective: Where it is defective for want of an essential element; where there is material difference between the allegation in the charge sheet and the evidence that has been led, where words have been omitted or unnecessarily inserted or any other error is made. Court may order an amendment only if it considers that the making of the amendment ...
- Exam (elaborations)
- • 13 pages •
I. Discuss the Circumstances under which an error in a charge sheet may be corrected. Section 86 allows for the amendment of charge sheets that are defective: Where it is defective for want of an essential element; where there is material difference between the allegation in the charge sheet and the evidence that has been led, where words have been omitted or unnecessarily inserted or any other error is made. Court may order an amendment only if it considers that the making of the amendment ...