Virtual University Forum

Topic to be tested: Markup on Capital and Drawing Learning Objectives:  To develop an understanding regarding rights and obligation of Directors and Partners CONSTRUCT: Mr. A, Mr. B and Mr. C joined hands for mutual business as partnership firm. They are agreed on equal share in capital and profit & loss. However, after one year Mr. B provided extra Rs. 100,000 for contingency expense on 12% interest rate (Annual) until the repayment. It was not possible to return the loan amount to the Partner Mr. B due to the increasing requirement of capital for flourishing business. Mr. C withdraws Rs. 50,000 on 10% interest rate (Annual) from business resources for the treatment of his wife. After few years, all partners agreed to convert partnership firm into public limited company, no change in business line, to meet the capital requirements and all partners with other four members became directors of newly incorporated ABC Corporation. Before signing the directorship do...

Discussion Topic Does the design pattern play any important role in the development of quality applications by using structured and object oriented paradigm? Justify your answer with logical reasons. Answer: Design patterns play many roles in the object-oriented development process: they provide a common vocabulary for design, they re-duce system complexity by naming and defining abstractions, they constitute a base of experience for building reusable software, and they act as building blocks from which more complex designs can be built. Design patterns can be considered reusable micro-architectures that contribute to overall system architecture. We describe how to express and organize design patterns and introduce a catalog of design patterns. We also describe our experience in applying design patterns to the design of object-oriented systems. Answer: 1. Design patterns can speed up the development process by providing tested, proven development paradigms. 2. Re...

Scenario: “For communication across Internet, TCP/IP protocol suit is used for achieving universal services and routers are used to connect different networks. TCP is one of the major transport protocol used in TCP/IP protocol suit which provides reliable data delivery service to applications. Suppose two applications use TCP to establish a connection, communicate, terminate the connection, and then open a new connection. Further suppose a FIN message sent to shut down the first connection is duplicated and delayed until the second connection has been established” Requirements: a.     If a copy of the old FIN is delivered, will TCP terminate the new connection? Why or why not? b.     Can a router send request to another router for TCP connection? Give reason. Answer: No The message for the new TCP connection would be required to have identical source & destination IP addresses, protocol port numbers and TCP sequence numbers for the earlier mess...