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 THE COLLAPSE OF Lehman Brothers QUESTION NO 01 Could the Fed save Lehman Brothers from bankruptcy? How? Lehman Brothers Holdings Inc. officially announced its bankruptcy on 15 th September, 2008 on Monday. It filed bankruptcy in the Bankruptcy Court of the United States for New York’s Southern District. It was the most dramatic financial crisis event in the duration of the financial crisis 2007 – 2008, after the Great Recession.  Many financial analysts and economists believe that the Federal Reserve Board which is the central banking system of the United States of America is somehow responsible for it. It could have saved Lehman Brothers from bankruptcy by making another loan to save it from crisis as it was the only bank to file bankruptcy at that time. It could have rescued the firm by lending them some money but the Fed officials reported that they did everything they could do to save it but actually it's not true. According to some, they lacked the legal authority to ...

INTRODUCTION: The term capacity here means being able to completely understand the terms and conditions of the agreement by the parties to enter into the contract. The term party means any individual or any group of individuals or it can be a company as well. These parties are required to be legally competent to form the contract with any other party. They should be able to make and communicate the decision very well. They should also be mentally and intellectually able to enter into the contract. DEFINITION : The Contract Act, 1872 has defined the capacity of party to contract in the section 11. According to it, for a person to enter into contract, his age should not be below the age necessary for a person to enter into the contract , he should be of sound mind which means that the person should be mentally stable and he should be a clear citizen without being disqualified by any authority related to the contract. MAIN ASPECTS: There are three main aspects of the capacity of the p...

  Top 2 DSLR Cameras DSLR CAMERAS The term DSLR is a lot of related to the digital world of cameras. It stands for D igital S ingle L ens R eflex camera. DSLR Cameras square measure given high preferences by the general public thanks to their profit that on a similar body of camera we are able to modification the lens. There square measure heaps of variations within the DSLR cameras too. Explore for the Right choice for you! Source: Adobe TOP 2 DSLR CAMERAS One of the most effective DSLR cameras square measure the foremost reliable and hardy around - mirror less camera technology is often unfolded wide. whereas making an attempt to mirror less cameras, namely, shooting DSLR s provide the most effective expertise it is often fantastic, usually one mirror less technology and options, like a sensor-time optical device and heaps a lot of. The top most best DSLR cameras are Nikon D3500 and then Canon EOS Rebel SL3 / EOS 250D . NIKON The Nikon D3500 options a DX-f...

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