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Only a small proportion of candidates score an 'A' in any subject (from as little as 2% to a maximum of about 10% in subjects taken by highly select groups). A further 8–15% are likely to gain a 'B' and about 20–25% achieve a 'C' grade. The National Senior Certificate is a group certificate and records an aggregate mark.
In December 2019 the Eastern Cape Division of the High Court of South Africa ruled against the ban of children without birth certificates from receiving basic education in South Africa. The court ruled that "It is an important socioeconomic right directed, among other things, at promoting and developing a child's personality, talents and mental ...
The purchase price of a cap is a one-off cost and is known as the premium. [1] The purchaser of a cap will continue to benefit from any rise in interest rates above the strike price, which makes the cap a popular means of hedging a floating rate loan for an issuer. [1]