Business Finance assignment Research Paper Example | Topics and Well Written Essays - 1750 words

Business Finance assignment - Research Paper Example The investor in question believed that smaller firms are less risky compared to larger firms. It is always important to diversify portfolios in order to spread the idea of the risks. Comparing with the 2011 beta or 1.08, the above beta of 1.06 seems to provide a good measure of how the stock movers relative to the broader Australian market index. The function of beta is to measure the risk of stock in relation to the overall market. From the above calculations, it is evident that the selected portfolios are less risky and have diversified the possible risks. On this basis, it is therefore true to say that the investor is likely to have very little loss and fear of risks associated with portfolios. The beta calculated from the investment portfolios is a clear indication of how the portfolio has diversified risks as well as low risk compared to the Australian Market index in 2011. The financial investment was very successful providing additional profit or income of approximately $7,110. In addition to the income received from the portfolio, there is no doubt that the risks associated with the same are too low. For instance, the beta obtained for the overall portfolio clearly indicates that the selected investment portfolios have widespread risks besides being lower than the 2011 Australian Market index beta. When portfolios have spread risks as well as low risks then it is advisable to engage in the investment. The above case scenario is a good example of investment portfolio, which was not only of viable income in terms of increased revenue or income but also given the fact that there were low risks involved, which in any case were widely spread across different firms from different industries and sizes. Indeed, the investment portfolio was a successful

Interpretation of Statutes Essay Example | Topics and Well Written Essays - 2000 words

Interpretation of Statutes - Essay Example Judges have a mandate of resolving of making such statutes clear if not well interpreted. An example of unclear language emerged in the case of Myers v Twining in the year 1982. The judges were to make a decision on the association between a vehicle and roller skates. Many cases have been presented in courts with change of meaning of words over time. Some bills are rushed in parliament in time of emergency, hence the need for interpretation as a result of many errors that takes place during the act. The dilemma with statutory interpretation is that the court has to decide the meaning of a certain legislation passed by the parliament. The court makes judgement on the parliament’s intention when passing the law and its relevance in the present time2. On some cases however, the judges have often misinterpreted the legislation of the act. Other issues which may arise during the interpretation of the statutes must abide by the European laws or the human right acts. Misinterpretation of the parliamentary acts and legislation may contradict higher laws or lead to creation of new legislation that was not the intention of the parliament during the passing of such a bill or act. Judges deal with interpretation of statutes in a variety of ways. One w ay in which judges interpret statutes is by presumption. The judge is such a context begins the interpretation process by assumption of certain issues. The assumption may be considered to be true unless a better argument is raised with an intention to challenge it. Some of presumptions entail the inability to change the law and that the statutes do not influence the acts created in the past. Presumption of language is another challenge encountered during the interpretation of certain statutes. Utilization of words such as workman, tradesman or other person presents a lot of confusion during the interpretation process. Some words derive meaning from the surrounding environment3. The judges