Essays on Arrears

Sender’s name

Receiver’s name Dear (receiver’s name) Re: Tax collection reminder The purpose of this letter is to kindly remind you to pay your tax that was due 90 days ago. Our communication-consulting firm of the circuit and county of San Francisco is collecting all the tax arrears that are pending. This is the reason why we are taking this opportunity to write letter to remind you that you have outstanding tax arrears. It has come to our attention that you have not paid your required taxes for the last 90 days and as such, you are behind by ...

Part One

Risk There is no standard way to define risks. However, one of the definitions of risk is the probability that the return on an investment will be lower than the expected return (Business Dictionary, n.d.). Examples of risk include business risk, transactional risks and exchange rate risk.

Beta

Beta is a measure of systematic risk of a stock. The value measures the volatility of the stock compared to the volatility of the market (Forbes, n.d.). The value of Beta can be either positive or negative while the beta value of the market is always one. As such, in interpreting the ...

High trees case or Central London Property Trust Ltd v High Trees House Ltd [1947] KB 130 is an English contract law verdict, which restated the doctrine of promissory estoppel in contract law in both England and Wales1. Promissory estoppel was a notion which was identified in a couple of 19th century cases but then it lay inactive until this High Trees case in which Denning J, then a young judge, revitalized the doctrine and subsequently entrenched it a number of English cases. The case symbolizes the establishment of the modern revitalization of promissory estoppel. The facts were straightforward enough. A landlord ...