Two factors come into play: First, good quality applicators do a better job of applying paint, and more uniformly, than poor applicators. As a result, they achieve better hide, or coverage. Second, painting technique is a factor that could contribute to overspreading the product.
Liquidation and Free Riding. A liquidation violation occurs when the client sells a security to satisfy a cash obligation for the purchase of a different security after trade date. This is a violation because the sale of the second security will not be settled by the time the first purchase settles.
Provisional liquidation is an emergency procedure governed by the Insolvency Act 1986 (IA 1986) and the Insolvency Rules 1986 (SI 1986/1925) (IR 1986). A provisional liquidator can be appointed by the court only after a winding up petition has been presented (section 135(1), IA 1986).he following categories of person may apply for an order for appointing a provisional liquidator: A creditor of the company (including the person who presented the original winding up petition). The company itself. Other categories of person listed in rule 4.25(1) of the IR 1986.