Finance assigment Assignment Example | Topics and Well Written Essays - 500 words

Finance assigment - Assignment Example Current account balance has been the best in the year 2008 indicating the increased exports and decreased imports thus showing surplus. The country still has the potential as well as need to improve the current account balance by increasing exports. Capital transfer has been the same throughout although it indicates stability in investments but still need to improve as direct investments have declined to dangerous extends showing a negative value. Balance of payment is extremely important for a business. It helps the business evaluate the gap between receipts and payments. The focus of the business should be to increase exports and decrease imports in order to make the business self sufficient. It helps business establish ways to create goods that can substitute imports. It helps business establish backward integration. IT invites investments as number of recipients increase as a result businesses flourish. While payments increases capital outflows so the balance of payments give the strategic managers the idea to implement a plan that should focus in reducing payments and increasing receipts result in surplus of balance of

Construction Defects with Homeowners Case Study

Construction Defects with Homeowners - Case Study Example The third year and for up to the tenth, the major structural defects are covered including foundation walls, load-bearing portions, supporting beams and foundation footings. The homeowner should file for claim in the covered period, but may notify the local construction official for foundation damages that may or may no longer be covered by the warranty. The law covering construction of foundation is Title 5 Community Affairs Chapter 25 Regulations Governing New Home Warranties and Builders’ Registration or N.J.A.C. 5:25. Specifically, the Act â€Å"prescribe the form and coverage of the minimum warranty established by the Act; govern procedures for the implementation and processing of claims pursuant to the warranty; establish requirements for registration as a builder, and procedures governing the denial, revocation and suspension of builders registration; and, establish the requirements of private alternate. Adams (2010) cited many builder-contractor liabilities in the cas e where foundation issues occur among homeowners. Home building foundations usually last for tens or even hundreds of years when done properly. But â€Å"serious and difficult to fix [†¦] if built poorly [†¦and] threaten the stability of the home and the homeowner’s investment,† (Adams, 2010, P 1). One of the more critical issues about foundation problems is that it only becomes apparent after several years of completion and even occupancy of the home. The homeowner may be left unsure of what recourse may be available.