PVL 3702
Oxford University (OX)
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Summary GDL Land Law Revision Notes WELL SUMMARISED
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---4november 20212021/2022
- Estates and Interests in Land 
Estates 
Before 1925 estates were divided into: 
1. Estates of freehold – period of time that is fixed, but uncertain, e.g. for life. 
2. Estates less than freehold (leasehold estates) – period of time that is fixed and certain, e.g. 99 years. 
There were three estates of freehold (real property – dispossession = land recoverable):A 
1. Fee Simple – now the only legal estate, “fee simple absolute in possession”. 
The Fee Simple lasted as long as the est...
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$8.89 Meer Info
Havilah
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Tentamen (uitwerkingen)
MAC 3701 EXAM PACK (1).pdf School 100% A+
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---23november 20212021/2022A+
- Section A 
Multiple Choice Questions 
1. A common business decision is the make/buy decision where a manager must choose 
between buying an item or manufacturing it. The company must evaluate both the 
qualitative matters, as well as the quantitative matters that deal with costs. 
The following statements were made by a manager regarding qualitative matters which 
will influence his decision: 
1. The risk of destroying long-run relationships with suppliers, which may prove to be 
harmful and dis...
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$4.69 Meer Info
Havilah
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Tentamen (uitwerkingen)
MAC2601 EXAM PACK.pdf 100% CORRECT
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---139november 20212021/2022A+
- MAC REVISION STUDY PACK 
TOPIC 1: NATURE AND BEHAVIOUR OF COSTS 
(1) Manufacturing cost/ Production cost 
Manufacturing costs - costs incurred in the manufacturing process of a product. 
 Direct + Indirect cost = Manufacturing cost 
 Direct cost = Direct Material + Direct Labour 
 Total Direct cost = Prime cost 
 Conversion cost = Direct Labour + Manufacturing overheads 
 Indirect cost = Indirect material + Indirect Labour 
 Total Indirect cost = Overheads 
Direct cost – cost...
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$4.89 Meer Info
Havilah