A bank embarked on a recruitment campaign of university graduates, and Francis, a recent graduate applied for a position. Francis was interviewed by the bank, and following the interview, the bank offered Francis a position by letter which set out a salary, and a starting date. Francis accepted the position by return mail. A few days after Francis began work for the bank, he was called into the Manager's office and presented with an employment contract that contained a confidentiality clause, and a proviso that either party could terminate the contract on three month's notice, or in the case of the bank, payment of three month's salary and accrued benefits. Francis signed the agreement. Francis worked for the bank for almost fifteen years, moving from the position of trainee through various promotions to the position of Branch Manager of a small branch of the bank. Some month's later, he had a disagreement with the Regional office of the bank over the quality of certain loans he had made to local businesses, and his employment was terminated. On termination, he was paid three month's salary and his accrued benefits. A week later, Francis instituted legal proceedings against the bank for wrongful dismissal. What might be the basis of the claim for wrongful dismissal? What likely response would the bank make to his claim?

Instructions: Read the case study below, then answer the questions that follow. Ahmad (19 years old) sent an e-mail to Al-Nahar newspaper, expressing his interest in a 6 months subscription and inquiring about the fees, noting that his home address appeared in the content of the email. The newspaper administration replied by offering him a one-year subscription for the price of 150.000 Lebanese pounds, which includes both a paper copy as well as an electronic one, Ahmad replied by saying that he is ready to contract only if the price is reduced to 100.000 Lebanese pounds. After a few days, Ahmad received an e-mail that contains all the necessary information to access the electronic copy of Al-Nahar newspaper and started to find the hard copy every day on his doorstep. At the end of the year, Al-Nahar administration kept sending the newspaper like usual. After one month, it requested Ahmad to pay the fees of the second-year subscription. However, Ahmad refused to do so, justifying that he was not interested in renewing the contract. The newspaper insisted that the contract is renewed as long as Ahmad did not express his refusal. Ahmad also claimed that the contract is void due to the disequilibrium between the obligations of the parties as he found out that other subscribers had to pay 90.000 Lebanese pounds only. Question number one: (25 marks) Describe from a legal point of view, the steps taken by Ahmad and the newspaper, and clarifying whether they had concluded a contract. Question number two: (25 marks) Explain whether Ahmad must pay the second-year subscription fees. Question number three: (25 marks) Determine the basis on which Ahmad can support his claim about the voidance of the contract due to the disequilibrium between the obligations. List the conditions that should be available for his claim to be accepted. Justify if these conditions are available in this case.Cross hedge ( Part 1 & 2) Part 1 (Warming up) It is the end of May 1997. A cottonseed meal producer in Georgia would have the information about the acreage committed to cotton, and his expected production of cottonseed meal is 1,000 tons. On May 28, 1997, cottonseed meal is trading at the price of $197 per ton in Atlanta. The producer expects cottonseed meal prices to be much lower by the end of October 1997. To protect himself against the falling price, the cottonseed meal crusher decides to cross hedge using soybean meal futures. The May 28 soybean meal futures closing price is $280.30 per ton (CBOT; 1 contract = 100 tons of soybean meal). (Caution: it is not soybeans futures.) The producer decides to place the cross hedge on May 28, 1997. To place the cross hedge, he needs to determine the number of soybean meal futures contracts necessary to offset 1,000 tons of cottonseed meal. The cottonseed meal producer knows the following information. The correlation between the price changes of cottonseed meal and soybeans meal (p) = 0.84. The standard deviation of the price change of cottonseed meal (Oas) = $7.2. The standard deviation of the price change of soybean meal (OAF) = $6.0. Question) Find out the optimal hedge ratio. Question) Compute the optimal number of futures contract. Question) Compute the measure of hedging effectiveness.Question 1 Which one of the following theories suggest that the price of an identical product should be same across the world? The Big Mac Index theory The exchange rate pass-through theory The absolute PPP (purchase power parity ) The relative PPP (purchase power parity ) The International fisher effect Question 2 Which of the following statements is FALSE regarding dollarization? The dollarized country's central bank can no longer act as a lender of last resort The economy of the dollarized country is likely to be better integrated with the U.5. economy The dollarized country can no longer profit from the creation of money within its economy The dollarized country maintains control over its own monetary policy A country that dollarizes removes volatility of its currency against the U.S. dollar Question 3 As a U.5. currency trader, you are speculating on the Swiss franc when you Cover your position using currency options contracts Cover your position using outright forward contracts Cover your position using non-deliverable forward contracts Buy Swiss francs at the current spot rate and sell Swiss francs at the new spot rate a month later Cover your position using currency futures contracts Question 4 An interest payment by TD Bank of Canada to its U.S. bondholders will be recorded as a debit in the U.5. financial account credit in Canada's unilateral transfers account credit in the U.S. financial account debit in Canada's current account debit in the U.S. current account Question 5 A put option on Japanese yen has a strike price of USDO 008000/JPY and a premium of USDO.009090/JPY with an expiration date six months from now. The contract size is JPY 12,500,000, Calculate the value for the buyer when the yen spot price is USD0 007500/JPY, (USD 1,125] USD 1,125 USD 5,125 (USD 6,412.50) (USD 9,712.50)Which statement about the la fiber is NOT correct? O it excites spinal inhibitory interneurons to inhibit alpha-motoneurons to the antagonist muscle (reciprocal inhibition) O its steady-state firing rate is proportional to the length of the muscle it innervates O if the muscle is rapidly stretched, la fibers from that muscle have an initial rapidly-adapting response that is proportional to the rate of muscle stretch its peripheral end wraps around the equatorial region of the intrafusal muscle fiber it has monosynaptic inhibitory synapses with a-motoneurons innervating the same muscle so as to prevent the muscle from over-contracting Question 27 1 pts Remembering how to mount and ride a bicycle is an example of: classical conditioning LTD (long term depression) working memory declarative memory procedural memoryPlease provide the best answer to the following questions regarding Contracts. Question 31 (3 points) . Saved contract? What are the primary grounds on which the Contractor can typically terminate the O when the schedule update delays are more than 30 days O when there is an accident on the jobsite O when there is lack of communication between subcontractors and the Owner O when the Owner fails to make payments to the contractor that have been earned and are due Question 32 (4 points) What types of projects tend to be scheduled in terms of working days? O residential and community projects industrial construction projects O building construction projects O) engineering projects such as highways, bridges, dams, airport runways, canals, and utility installations Question 33 (3 points) To the contractor, the significance of an unavoidable delay is one for which | the contractor can have some confidence of receiving a time extension and possibly monetary compensation O True False Question 34 (2 points) The primary concern of General Contractors is that they will want to know if the float is owned by the Contractor or by the Owner. True False Question 35 (5 points) When the ownership of float rests with the Owner, Owner delays and Owner changes often do not include compensation in the form of time extension when only noncritical activities are impacted. True False