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No, there is no gain or loss shown in this circumstance. Of corse the profit share Will be different in the future.
Welcome to the Opentuition forums. I think you are right. The gross inventory before provisions should probably bel used to avoid the problems you have identified in real world scenarios. A separate analysis should be done on level of provision to analyse any problems with inventory Management.
The above forum has following statement that follows-“When creating a topic – please be specific – location / what materials / the way of delivery Post older than 6 months – will be deleted – so you do not receive out of date requests.” Hope this helps.
Zainab654, I would suggest you also post on the following forums-
I don’t know when it was created. You will find the article here-
Hope this helps.
Please seethe following thread-
Welcome to the Opentuition forums. Please also see the following thread-
https://opentuition.com/topic/thank-you-opentuition-16/page/2/
The above is referred to as the Fairchild exception. Also it’s more about being unable to pinpoint which employer is responsible for the damage as a result of negligence not the cause of the disease.
Just floating an interesting hypothetical. I think you are right that more precise language would be needed other than just presentation of bank details for it to be considered an offer. Here’s another example of an advert being held to be an offer-
https://opentuition.com/topic/bowerman-and-another-v-abta-1996/
I think you are right. They do seem to have made an exception in some asbestos cases-
https://en.wikipedia.org/wiki/Fairchild_v_Glenhaven_Funeral_Services_Ltd
I would probably advise you to initially make use of past questions from the various sources. Find any weak areas and rewatch and study appropriate areas using this site’s resources. Make use of ACCA’s study hub. Also make use of the ask the tutor forum for any specific difficulties you have. Hope this helps.
In any event it is not wise to include bank details in an advert. However, it’s not clear this happened in the above scenario. Arthur may have previously conducted business with Hedge pic and have existing knowledge of the bank details of Hedge Pic.
I agree with the above answer. The only thing that muddies the waters, however, is the reference of Arthur transferring money into the bank account. If the bank account details were included in the advert this would strengthen the argument that the advert constituted an offer. The inclusion of bank account details in an advertisement could potentially strengthen the argument that it constitutes an offer, as it might be seen as providing a means for immediate acceptance. However, this alone is not sufficient to transform an advertisement into an offer.
I agree with the above answer. I am curious about the practical implications. For example I believe I read somewhere that at present the majority of female lung cancer cases in the UK are in women that are non-smokers and have never smoked even though it is established that smoking does substantially raise the chances of an individual contracting lung cancer.
Firstly the Opentuition notes are designed to be used in conjunction with the video.o lectures. Use the together. I would also suggest making use of the ACCA study hub. I think with question practice the most important thing is to allow enough time for adequate question practice. I would use Opentuition as the backbone of your studies. I would base your study schedule around the notes and video lectures. If you choose to study whole course before undertaking practice questions from the kit allow plenty of time to allow yourself to re-cover areas where you might run into difficulties. If you struggle with anything in particular, make use of the ask the tutor forum for specific help. In terms of actual studying, you mentioned working 4 hours a day non-stop. I would encourage you to take adequate breaks. In terms of concentration, it’s easier to study for about 50- 60 mins maximum. I would then recommend taking a 10-15 minute break. Also feel free to ask about any problems you have on this forum.
