SECTION 3. - ALTERNATIVE OBLIGATIONS An alternative obligation is one wherein various prestations are due but the performance of one of them is sufficient as determined by the choice‚ which‚ as a general rule‚ belongs to the debtor. Right of choice‚ as a rule‚ given to debtor. GENERAL RULE: The right to choose belongs to the debtor/ obligor Except: When the right has been expressly granted to the creditor Right of choice of debtor not absolute. LIMITATION ON THE DEBTOR’S CHOICE (1) The debtor
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Government Grants for Alternative Energy Research Jon Smith ENG 122 (ABE1135R) Mrs. Jane Smith 8 October 2010 Government Grants for Alternative Energy Research Energy sources play a crucial role‚ affecting just about every activity that societies do in every country around the globe. The role in the economic development of a region or country does not need emphasis; because of the greater effects‚ it exercises a huge influence. It is the
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Alternate Energy What would it be like to live in the dark? Finding new forms of alternative energy has been a major concern throughout the world for the past several years. Currently‚ our main sources of energy are coal for electricity‚ and oil for transportation. Alternative energy‚ also known as renewable energy‚ is defined as energy derived from sources that do not use up natural resources or harm the environment. At the rate we are using these nonrenewable resources oil is scheduled to run
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Alternatives to Spanking Considering the significant evidence that discourages the use of spanking as a disciplinary method‚ it is essential to understand the various alternatives to spanking that can prove to be more effective. Morin (2015) is of the view that there are several strategies that can help in conditioning behavior of children towards positivity and avoid spanking. The first and most effective alternative to spanking is the use negative consequences as a strategy. This involves teaching
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Deborah Falcon 091457 TH151 – P First Term Paper The chapter that I chose to reflect on for this paper is Chapter 8 from C.S. Lewis’s Mere Christianity: The Shocking Alternative. For most part‚ the heaviest question asked throughout this chapter is why evil exists‚ and why God allowed it to exist. A human being who is probably sick and tired of all the evil and suffering in the world would say that if only evil can just stop existing – if only suffering would stop. If only human beings
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Alternative Sentencing We need to realize that the current approach to our penal system is failing terribly. Take a group of people‚ take away all of their possessions and privacy‚ expose them to violence‚ overcrowded cell blocks‚ and the result is a group of people intent on getting even with society rather than contributing to it. It is very expensive to house prisoners. There are several other options to deal with nonviolent offenders. Alternative sentencing is finding other ways to deal
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STUDENTS IN MATHEMATICS WITH ALTERNATIVE ASSESSMENT By Godfred‚ Kwame Abledu - Koforidua Polytechnic godfredabledu@yahoo.com Introduction The purpose and scope of formal education have undergone various changes over the years since the time of the Castle schools. Consequently‚ assessment has also undergone a massive reform. This has led to a wider range of assessment now than there was twenty-five years ago (Gipps‚ 1994). Evidence has shown that educational systems have undergone assessment reforms
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Running head: “TYPES OF ALTERNATIVE STRATEGIES” Types of Alternative Strategies In APA Style Chikita Martin Herzing University Strategic Management Alternative Strategies There are 11 alternative strategies; forward integration which means gaining ownership or increased control over distributors and retailers‚ backward integration which is seeking ownership or increased control of a firm’s suppliers‚ horizontal integration which is seeking ownership or increased control over competitors
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1. How do payroll taxes levied on the earnings of workers affect their decision about how much leisure they consume? Americans during our time are living much longer and the payroll taxes levied on the earnings of the workers are not going to be enough to pay for those who are retiring. The affects of the decision about how much leisure they may consume will depend on if the real wages keep pace with the benefits offered in retirement. The fossils of today are very expensive and are now consuming
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Short-term interest expense= $625‚000 x 5% = $31‚250 Total interest cost = $31‚250 +$77‚500 = $108‚750 Earnings before interest and taxes = $200‚000 - $108‚750 = $91‚250 Earnings after taxes = $91‚250 – 30% = $91‚250 - $27‚375= $63‚875 b. As an alternative‚ Lear might wish to finance all fixed assets and permanent current assets plus half of its temporary current assets with long-term financing. The same interest rates apply as in part a. Earnings before interest and taxes will be $200‚000. What will
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