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Calculate the weighted average cost of preference shares and ordinary shares if there are: 1 million preference shares with market value of $2.50 each and an opportunity cost of 10.8%;10 million ordinary shares with market value of $4.50 each and an opportunity cost of 16.5%.
Breach
The act of violating a law, obligation, standard, or duty, often resulting in legal consequences or termination of agreements.
Warranty Authority
An assurance or guarantee provided by one party to another, typically regarding the quality or condition of a product or service.
Agency Agreement
An agreement creating an agency relationship between principal and agent.
Representation
In law, a statement of fact made to induce someone into a contract or a presentation by one party in a lawsuit on behalf of another.
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