Chapter 50- Real Property and Landlord- Tenant Relationship Landlord Tenant Relationship A Lease Contract arises when a property owner (Landlord) agrees to give another party (Tenant) exclusive rights to possess the property- usually for a price and for a specified term. Landlord Duties 1. Implied warranty of habitability- The premises must be fit for basic human habitation 2. Possession- A landlord is obligated to give a tenant possession of the property that the tenant has agreed to
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Hostile Witnesses – Structure of Answer 1. “The issue here is whether [counsel] can discredit their own witness‚ [witness’s name]‚ in the witness box?” a. When calling a witness‚ the caller expects their testimony to be favourable to the case. When this doesn’t happen‚ the caller will want to attack the witness to destroy the effect of the evidence. b. Whether you can do this depends on whether the witness is hostile or merely unfavourable. c. Usually crops up in examination-in-chief
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Law Notes 1. Law: set of statutes and rules that individuals within a society are governed by and are compelled to follow Statute: law passed by government you must follow unlike a rule which you can’t be punished for 2. Jurisprudence: wisdom/knowledge/skill in law -- the science that deals with investigations of concepts‚ notions‚ and principles of legal thought. It enables us to explore origins of law and legal institutions. It also helps clarify the principles on which they were founded. It allows
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Residency Sections Detail Tax on Page 6-5 (2) Resident Test Worldwide Income 4 6-5 (3) Non-Resident Test Australia sources only 4‚5 6 (1) of ITAA 1936 TR 98/17 Determining Residency Status Four Tests: i. The Resides Test (Common Law test) ii. The Domicile Test (1st Statutory test) iii. The 183 day Test (2nd Statutory test) iv. The Superannuation Fund Test (3rd Statutory test) IN OUT IN OUT 6 7-9 10-13 14 14 3.0 Derivation of income (TIMING – WHEN??) Cash Basis
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Subject: Taxation Law & Practice 2 Lecturer: Brendan Pigott ASSIGNMENT -1 Dipak Prasad Chaulagain Student ID: 211895 FCT vs Applegate This is the case where Applegate fight with federal court asking he don’t want pay a taxes when he was not in Australia most of time in that year saying he was not in Australia for whole year so he cant pay taxes. On 8/11/71 he surrendered a lease on his flat‚ went to Villa for an indefinite term with his wife to set up a law firm there‚ a branch
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[Name]: YuPei [TP Number]: TP024726 [Intake Number]: UC2F1303AF {FI} [Subject Code]: Introduction to Taxation [Lecturer’s name]: KHO GUAN KHAI [Assignment title]: Individual Assignment [Date of Submission]: 31st May 2013 Context Introduction…………………………………………..1 Personal Income Tax ……………………………..1 Tax rate……………………………………………......3 Tax relief ……………………………………………....4 Personal income tax relief……………………..5 Tax rebate…………………………………………….. 7 Taxable income and tax liability‘s calculated
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BUSINESS LAW FINAL EXAM This is a take-home exam. The exam is to be handed out on July 26‚ 2012 and returned on July 31‚ 2012 on the final exam time. The group leader will assign each group member a question and each group member will answer the question and return the answer to the group leader. The group leader will grade each member in terms of cooperation and totality of the answer. The group leader will submit a final draft on exam date (July 31‚ 2012). The final draft must be done in
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Deeper Understanding‚ Faster Calculation --Exam P Insights & Shortcuts 2nd Edition by Yufeng Guo For SOA Exam P/CAS Exam 1 in Fall‚ 2005 Exam Dates September 26-28‚ Canada and U.S. September 26 - all other countries This manual was last updated June 5‚ 2005 This electronic book is intended for individual buyer use for the sole purpose of preparing for Exam P. This book can NOT be resold to others or shared with others. No part of this publication may be reproduced for resale or multiple
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Economics Exam Notes Question 1. (Chapter 31‚ pg759) * Impact of interest rate on spending * Analysis of events which change interest rate in the market * Policies to manage inflation/recession Impact of interest rate on the economy (ripple effect) To lower interest rate | | To increase interest rate | | | | | | Central bank buy securities in open market operations and increases money supply | | Central bank sell securities in open market operations and increases
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Taxation should be equal According the definition taxes are the sum of money demanded by a government for its support or for specific facilities. The government demands money from everyone not just some one but there are some who don’t seem to go pay the fair amount as everyone else. Taxation has also been a big part with the current recession. Our government is investing in defense‚ using out money when more should go into social programs. Cuts have been made in different programs because of
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