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EQUITY
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Table of Contents INTRODUCTION ...........................................................................................................................1 A) THE COLLAROY HOUSE .......................................................................................................1 B) THE MANLY HOUSE ...............................................................................................................2 C) THE FJ HOLDEN.......................................................................................................................2 D) THE ROYALTIES FROM 'THE LURE OF THE ANIMAL' ...................................................3 E) SHARES IN KAVORKA ENTERPRISES LTD. ......................................................................4 CONCLUSION ................................................................................................................................5 REFERENCE ...................................................................................................................................6
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INTRODUCTION Equity is considered as the value of ownership interest in property, shareholders' equity and so on. In this regard, different kinds of equities are included as stockholders, private, brand that is related with transferring assets and property through following on terms and conditions of contract. The present report is based on understanding equity case study of Victor regarding several contracts. However, Victor agreement with Elaine in respect of house in Collarory is to be described. Including this, suggestions for Jerry as an executer of Victor to deal with Victor's contracts can be expressed through this assignment. Along with this, Kavorka Enterprises Ltd, Mature Publishers Ltd and Joseph agreements are to be described shares and transferring property. Thus, students are able to learn deep concept of equity regarding Victor and his agreements through this report.
A) THE COLLAROY HOUSE It is a contract agreement between Victor and Elaine related to Torrence title house in Collaroy. In this regard, Victor appointed Jerry as his executor who will be responsible and form considerations for their contract. Therefore, according to clause 3, it is mentioned that Collaroy house can go to Elaine, if she keeps good care of property as her own and also provides board for the asset. Further, in case of do not following the condition, this property will refer to George as per clause 4 of the agreement (Drozdoff and Fairbairn, 2015). At present, after death of Victor, it is responsibility of Jerry as an executor to looking at house condition including taking care Elaine of the Torrence house. Afterwards, if it is determined that the house property is in good hand then it will be transferred to Elaine as per terms and condition.
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In case, if is observed that she is not taking care of house then according to clause 4, ownership of property can shifted to George. Thus, Jerry requires to follow on this step and analysing the angles of contract including financing. Hence, it is a kind of home equity that involves transformation of house and financing on it. In case of Victor's death, Jerry is responsible to providing right of ownership of Torrence house in Collaroy. In accordance to this, money related and other property related terms can be contracted between Jerry and Elaine. Including this, for transferring property, it is required to create agreement and signed on it involving legal proof for possession on property. However, Jerry can transfer the house property to entitled person or the one who deserve to enter into contract. Hence, the Collaroy house can be transferred to Elaine or George who is most suitable for taking care of it as his individual asset (Duffy and O’Hanlon, 2014). It is just necessary for Jerry to recognize house property and its condition and further transferring it to right hand who is entitled to have that house.
B) THE MANLY HOUSE As per the case scenario, it is mentioned that The Manly House has been gifted by Victor to Joseph. They both are good trust worthy friends for years and responsibilities to handle the contracts are also in Joseph's hand. However, on 1st June, 2017 Victor posted letter to Joseph and as of unexpected journey of Joseph in Sydney, both of the friends met and drive to FJ Holden. During the visiting and having coffee, there was sudden pain occur in Victor's chest therefore, he got hospitalised. In this duration, Victor gave Joseph the keys to FJ Holden and gifts it. In this regard, during
hospitalization, he said Joseph to taking care of his property and shares and also informed about sent letter (Gorski and Swalwell, 2015). At the next day, Joseph received a letter in which all information were documented including house property and different contracts which would be fulfilled by Joseph. Including this, on the letter document, there was legal authorised signature of Global Assignment Help Australia is dedicated to offering the best online assignment writing services in Australia
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Victor for transferring Manly house to Joseph. Moreover, memorandum of transferring property was also enclosed with letter that presents legacy and original proof of property transaction.
However, it is recognized that The Manly House is gifted by Victor to his friend Joseph including attached letter and property's transfer memorandum. Including this, legal proof is addressed by Victor's signature as a transferrer which is witnessed by his neighbour Estelle. Thus, this house property can be transferred to Joseph according to private equity law. In this regard, it is necessary for Jerry as an executor of Victor's will to checking out all documents and presenting to court. It will be helpful to transferring possession and house property to Joseph in effective manner. In addition to this, The Manly House is legal property of Joseph as a gift from his friend Victor. Therefore, all contract and terms are to be analysed as well transaction of property effectively (Harris, Jenkinson and Kaplan, 2014). In accordance to this, home ownership and possession can exchange to Joseph by showing off legal certificates and proved in court. However, The Manly House property will be considered and managed by Joseph in future time. It is responsibility of Jerry to approve house property possession to Joseph which is gifted by Victor. Therefore, The Manly house property will be transferred to Joseph as gifted by Victor and taking care of it.
C) THE FJ HOLDEN According to case study, it is recognized that during hospitalization of Victor, he gave key of FJ Holden to his friend Joseph. Including this, he mentioned in letter for taking care of property. At the time of hospitalization for chest pain, Victor recommend Joseph to have possession of FJ Holden and taking care of the property carefully. In this regard, there was a letter in which transfer of property was not mentioned in the letter (McLaren and et.al., 2016). Although the statement was said by Victor to Joseph regarding having Holden as his property and also he gave him key. But, there was no legal proof of the contract. In this case, it is liability of Jerry as Victor's will executer to finding out fact of transferring the property. Therefore, getting approval of property transfer possession is needed to be confirmed. Global Assignment Help Australia is dedicated to offering the best online assignment writing services in Australia
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In this regard, it is required to get legal approval and authority to transfer property and having its possession. Thus, it would be suggested that FJ Holden responsibility can be given to Joseph with confirmation and legal proof. In this process, property can be transfer to Joseph till that possession on property remains blank (Miles, 2015). There is only authority of Jerry to transfer the property to right person but he cannot have possession on that asset. Hence, value of equity asset will be evaluated by deducting it with its liability on that particular property. Therefore, at first, legal confirmation and approval is needed by court by which ownership on FJ Holden can be transferred to Joseph as per legal terms and conditions. In this case, Joseph can be liable for taking care of property through getting approval of it legally.
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D) THE ROYALTIES FROM 'THE LURE OF THE ANIMAL' It was a contract between Victor and Mature Publishers Ltd (MPL) related to novel entitled named 'The Lure of the Animal'. The agreement was created on 1st September 2016 including condition to pay royalties on 31st August of each next 12 years' preceding on behalf of selling it. According to this term of contract, possession and getting responsible for getting fund from MPL will be done by Joseph as mentioned in letter after death of Victor. However, he will be liable for collecting royalty and having possession on contract dealings. In this regard, executer of Victor as Jerry requires to transferring the contract and possession on royalty to Joseph (Neely and et.al., 2014). It is necessary to share its refund and following contract terms efficiently. However, on every 31st August of next 12 years, Joseph can
collect fund as well share on selling amount. Including this, it is a kind of personal equity that is created to sharing received amount on selling novel.
Therefore, ownership for taking fund on novel is in Joseph's hand that involves share on item as well following on terms. In addition to this, as per mentioned and authorised in writing by Victor to transfer the possession of gained royalty on novel to Joseph. Therefore, he will be liable to take advantage of royalties and gaining shares on novel. For Jerry, it is to be suggested that in accordance of legal proof and writing by Victor, possession on novel royalty is in Joseph's hand (Equity, 2016). Thus, through verifying it by laws and court, ownership on novel's royalty would be transferred. Afterwards, he will be liable to handle the contract and maintaining all terms and conditions described during entering into agreement. Hence, in this case, the other contract party as MPL would also be inquired regarding changing in contractor with legal evidence so that no issue will occur in future. According to royalty from MPL case, Joseph will be asset owner as well play role for contracting and following on agreement's terms. Thus, Global Assignment Help Australia is dedicated to offering the best online assignment writing services in Australia
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possession on royalty will be of Joseph so Jerry can transfer all documents and agreement terms to carrying on promise as well liable for its selling and contracting systematically.
E) SHARES IN KAVORKA ENTERPRISES LTD. Having writing proof of Victor regarding transferring possession of property and other contract, Joseph will be liable to play role for contracting. In this regard, Joseph will play role as trustee for shares in kavorka Enterprises Ltd and his letter instruct him to following on all terms and
conditions mentioned in agreement description. However, contract with business party will be responsibility of Joseph to issuing shares and
presenting procedure to be implemented for company's existence as well sharing his liability. In addition to this, after receiving letter from Marcus related to different agreements for house property, shares of Kavorka Enterprises Ltd and royalty from novel were mentioned in letter enclosed memorandum of company that shows legacy and proof on contract for maintaining shares as well following on agreement tools (Drozdoff and Fairbairn, 2015). Moreover, Victor's letter and attached documents show that Joseph will be liable for property and its transaction for following on contract terms.
Thus, as a possession on Victor's property and his transferring contract rules, it is responsibility of Joseph to handle all contract terms mentioned while entering into them. Including this, it will be maintained and managed by Joseph for transferring shares as well continuing agreement. Now, after death of Victor, it is to be suggested to Jerry as an executer to transfer the possession of property and shares to Joseph as legally approved in written letter as well enclosed documents. On behalf of these evidences, Joseph will able to take possession on Victor's property and remains suitable to play role as a contractor with other parties. In this case related to shares in Kavorka Ltd, as a bearer trustee, he will manage the stock and fund collected on agreements Global Assignment Help Australia is dedicated to offering the best online assignment writing services in Australia
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(Gorski and Swalwell, 2015). Thus, Jerry should transfer the ownership of equities and contracts to Joseph therefore all terms and conditions will be followed on efficiently.
CONCLUSION The report is concluded that equity is essential for contract and carrying on it smoothly through transferring possession. In this regard, case study of Victor and its related agreements are described regarding different house property and royalties on novel. Including this, terms and conditions as well suggestions for Jerry as an executer of Victor's will are understood through this assignment for granting permission to Joseph for carrying on agreement. Moreover, equity and its various kinds are presented that affects goods and property's ownership. Hence, different aspects of equity and its types are understood through this report.
Sample Report on Equity
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REFERENCE
Drozdoff, V. and Fairbairn, D., 2015. Licensing Biotech Intellectual Property in University– Industry Partnerships. Cold Spring Harbor perspectives in medicine. Duffy, D. and O’Hanlon, N., 2014. Negative equity in Ireland: estimates using loan-level data. Journal of European Real Estate Research. Gorski, P.C. and Swalwell, K., 2015. Equity literacy for all. Educational Leadership. Harris, R.S., Jenkinson, T. and Kaplan, S.N., 2014. Private equity performance: What do we know?. The Journal of Finance. McLaren, L. and et.al., 2016. Equity in children’s dental caries before and after cessation of community water fluoridation: differential impact by dental insurance status and geographic material deprivation. International journal for equity in health. Miles, D., 2015. Housing, Leverage, and Stability in the Wider Economy. Journal of Money, Credit and Banking. Neely, C.J. and et.al., 2014. Forecasting the equity risk premium: the role of technical indicators. Management Science.
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Thank You
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