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Corporate Share Forfeiture: Process & Accounting Entries

Classified in Philosophy and ethics

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Understanding Share Forfeiture

Share forfeiture occurs when a shareholder fails to pay the required call money (either in part or full) on the shares issued to them. When this happens, the company may forfeit the shares as a means of canceling the unpaid shares and reclaiming the unpaid amount. This process is crucial for maintaining the integrity of a company's share capital.

The Share Forfeiture Process

  1. Failure to Pay Calls: If a shareholder does not pay the call money on shares within the prescribed time, the company can initiate the forfeiture process.
  2. Board Resolution: The company's board of directors must pass a formal resolution to forfeit the shares due to non-payment of calls.
  3. Notice of Forfeiture: A formal notice is sent to the defaulting
... Continue reading "Corporate Share Forfeiture: Process & Accounting Entries" »

Mastering Sales Psychology: Overcoming Reluctance and Principled Negotiation

Classified in Philosophy and ethics

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Overcoming Common Sales Fears and Reluctance

6. Stage Fright: Fear of Public Speaking

What is Stage Fright?

Stage fright is the fear of speaking or presenting in front of others. This happens in meetings, group presentations, phone calls with multiple people, or public speeches. You get nervous, anxious, or even freeze up when it’s your turn to talk. It’s a fear of being judged, saying something wrong, or looking silly. Many salespeople feel this when they have to speak in front of groups, even if they are confident in one-on-one conversations.

How Does It Manifest?

  • You feel nervous before meetings or presentations.
  • Your voice shakes or your mind goes blank.
  • You avoid speaking in group settings.
  • You rehearse too much and still don’t feel ready.
... Continue reading "Mastering Sales Psychology: Overcoming Reluctance and Principled Negotiation" »

Freedom, Responsibility, and Moral Norms: A Philosophical View

Classified in Philosophy and ethics

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Freedom and Human Nature

Humans, though possessing instincts, are not determined by nature. Thanks to our rational capacity, we can choose among a number of possibilities. This capability is known as freedom.

However, certain factors in our behavior do not depend on us. No one chooses their birthplace, gender, or skin color. These are given to us and constitute what Ortega y Gasset called circumstances.

To be free means to be responsible for our actions and accept the consequences of our behavior. Responsibility involves attributing success to our work and accepting failures or errors. If we make a mistake, we must rectify it and accept the punishment.

Moral Norms

A norm is a pattern that governs our behavior, a rule about how we should act. For... Continue reading "Freedom, Responsibility, and Moral Norms: A Philosophical View" »

Commercial Property Lease Agreement Delhi Basement

Classified in Philosophy and ethics

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LEASE DEED

I. Parties to the Agreement

THIS LEASE DEED is made and executed at Delhi on [Date of Execution].

The Lessor (First Part)

Smt. Sudarshan Kaur W/o Sh. Paramjit Singh R/o H. No. M-170, Greater Kailash-II, New Delhi, hereinafter referred to as the LESSOR, which expression shall, unless excluded or repugnant to the context, be deemed to include legal heirs (i.e., Mr. Paramjit Singh, Husband of the Lessor herein), successors, executors, administrators, representatives, and assigns of the FIRST PART.

The Lessee (Second Part)

M/s. Dave Thomson Associates (India) Pvt. Ltd., having its registered office at Satyug-Villa 1st Floor, 5, Gurunanak Nagar off Shankarshet Road, Pune, acting through their Director, Mr. H. R. Srinivas (duly authorized to... Continue reading "Commercial Property Lease Agreement Delhi Basement" »

Mastering Deterministic Finite Automata: Construction & Core Concepts

Classified in Philosophy and ethics

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DFA for Strings with Odd 'a's and Even 'b's

44CWt0zipZCAAAAAElFTkSuQmCC

This section details the construction of a Deterministic Finite Automaton (DFA) to accept strings composed of 'a's and 'b's, specifically those with an odd number of 'a's and an even number of 'b's.

Language Characteristics:

  • Odd number of 'a's: At least one 'a', and the total count must be odd.
  • Even number of 'b's: At least zero 'b's, and the total count must be even.

Examples of String Acceptance:

Let L be the language of accepted strings.

  • abbaabbaabbReject (Odd 'a's, Odd 'b's)
  • aabaabaabReject (Even 'a's, Odd 'b's)
  • abababReject (Even 'a's, Odd 'b's)
  • bababaReject (Even 'a's, Odd 'b's)
  • bbaaabbaaabbaaaAccept (Odd 'a's, Even 'b's)
  • aaabbaaabbaaabbAccept (Odd 'a's, Even 'b's)

DFA for Decimal

... Continue reading "Mastering Deterministic Finite Automata: Construction & Core Concepts" »

The Enlightenment, Positivism, and the Birth of Sociology

Classified in Philosophy and ethics

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The Enlightenment: The Age of Reason

The Enlightenment (also known as the Age of Reason or the Century of the Lights) is understood as an intellectual movement based on a set of philosophical ideas that emphasize trust in reason to solve many of the ills of mankind.

Metaphysics: The Nature of Being

Metaphysics is a traditional branch of philosophy concerned with explaining the fundamental nature of being and the world that encompasses it. It answers two basic questions: "What is ultimately there?" and "What is it like?" It seeks to understand:

  • Existence
  • Objects
  • Properties

Key Enlightenment Philosophers

Prominent thinkers of this era include:

  • Francis Bacon
  • René Descartes
  • John Locke
  • Baruch Spinoza
  • Pierre Bayle
  • Voltaire
  • David Hume
  • Cesare Beccaria
  • Immanuel Kant
  • Sir
... Continue reading "The Enlightenment, Positivism, and the Birth of Sociology" »

India's Literary Heritage: Vedas, Epics, and Cultural Pillars

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Ancient Indian Literature: Shruti and Smriti

The literature of ancient India is a vast and glorious treasure, forming the foundation of Indian civilization and deeply influencing global thought. It is traditionally categorized into two main groups: Shruti (that which is heard/revealed) and Smriti (that which is remembered/transmitted).

1. Vedic Literature (Shruti)

This is the oldest stratum of Indian literature, considered eternal knowledge revealed to ancient sages.

The Vedas

The four foundational texts of Hinduism:

  • Rigveda: The oldest Veda, a collection of 1,028 hymns in praise of various deities.
  • Yajurveda: Contains formulas for rituals and sacrifices.
  • Samaveda: A collection of melodies and chants, mostly drawn from the Rigveda.
  • Atharvaveda: Deals
... Continue reading "India's Literary Heritage: Vedas, Epics, and Cultural Pillars" »

Early Hominid and Homo Evolution: A Deep Dive

Classified in Philosophy and ethics

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Early Hominid Origins and Evolution

Definition of Hominid

  • Bipedal: Walking on two feet.
  • Non-honing Dentition: While humans have non-honing chewing, primates such as gorillas have a honing complex, in which their very large canines cut food. The upper canines are sharpened against the lower third premolars.

Skeletal Evidence for Bipedalism

Foramen magnum, pelvis, knees, feet: seven steps, position of the foramen magnum, shape of the spine, shape of the pelvis, length of the leg, valgus knee, longitudinal foot arch, opposable big toe.

Behavioral Advantages of Bipedalism

This helps to identify what species they were because not many can be bipedal.

Pre-Australopithecines (7-5 mya)

Example: "Ardi"

They have provided critically important information about... Continue reading "Early Hominid and Homo Evolution: A Deep Dive" »

Kerlinger Chapter 1: science and scientific methodology.

Classified in Philosophy and ethics

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Scientific knowledge (Overview and Basic Concepts)

Common sense knowledge is important, is generalized. Scientific knowledge has many steps that must be applied to determine if the hypothesis is true or situción. Do not generalize from one case.

Knowing is an intellectual process by which a relationship between the knower (actor) and the known object (reality).

There are glances of psychology:

1) Positivists: You must show, watch for it to be valid, measure, quantify, and so on. (It is science based on evidence).

a) Post-positivist Probalan is added, it may be or not. Deductive (general to particular).

2) Phenomenology: Is the experience, emotions, phenomena. Study what is not necessarily observable. Inductive method (particular to general)

... Continue reading "Kerlinger Chapter 1: science and scientific methodology." »

St. Thomas Aquinas: Philosophy, Theology, and Summa

Classified in Philosophy and ethics

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Valuation of Ways

These passages are not original; Thomas organized and developed them. There are different reactions to these routes by commentator groups:

  • Radicals: Exclude the possibility of new ways.
  • Moderates: Support the possibility of new tracks.
  • Thomists: Divided into "hard to validate separately" (think the demonstrative value comes from the set of all the evidence) and those who "prefer any route".
  • Non-Thomists: Discard anthology, return to the argument of St. Anselm.
  • Kant denies the value of things and proposes a practical way to justify rational faith.
  • Atheists and agnostics reject the tract differently:
    • Atheism denies the existence of God.
    • Agnosticism denies the possibility of proving the existence of God for several reasons:
      • Skepticism
... Continue reading "St. Thomas Aquinas: Philosophy, Theology, and Summa" »