Raspberry Company's actuary has computed its prior service cost to be $8,000,000. Raspberry amortizes the prior service cost by
the straight-line method over the remaining 20-year service life of its active employees. During the current year, Raspberry also recognizes service cost of $560,000 and interest cost of $100,000. At the beginning of the year, the plan assets were $1,500,000, and the company expects to earn 10% on its plan assets. Compute Raspberry's pension expense for the current year.
Specific performance in relation to confidential information is commonly used as a prohibition relief
Specific performance is the equivalent compensation in contract law, under which a party issues orders requiring a party to perform a specific action, which is the execution of the contract.
It is usually available for sale under the Land Act, but is generally not available if the damage is an appropriate option.
If the seller fails to sell or the property is handed over to the seller, the buyer receives a specific performance under the provisions of the Specific Relief Act, 1963.
A similar right is available under the seller. The contract requires specific performance from the buyer.