the owner of the property. The seller’s interest is looked at as personal property. The legal title of the property remains with the seller and is considered to in trust and the risk is on the seller. The right of possession follows the legal title; the seller is entitled to possession until closing. Risk of Loss – there is a split of authority on risk of loss when a contract is signed‚ equity is passed to buyer through escrow and the risk of loss is on buyer. If property is destroyed before
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TECHNOLOGICAL INSTITUTE OF THE PHILIPPINES 938 Aurora Blvd. Cubao‚ Quezon City REFLECTION PAPER PLANT TOUR (September 24‚ 2014) Cafe Amadeo Development Cooperative Tri-R Allied Industries‚ INC. SUBMITTED TO: Mr. Ferrer‚ Laurente M. SUBMITTED BY: Estrella‚ Raizza G. (FMA41FB2) In September 24‚ 2014‚ Technological Institute of the Philippines (TIP) – Quezon City had a plant tour. It is one requirement in our course’s Production and Operation Management. Our two organizations
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ACFI3214 Audit and Assurance Lecture 14 (Week 18): Audit Procedures to Verify Inventories Instructions 1 Read pages 1 and 2 of today’s handout down to The Importance of Inventory in Financial Statements (4 minutes) 2 ACFI3214 Lecture 14 (Week 18) Overheads The Importance of Inventory in FS Where year end inventory is incorrect: GP‚ operating profit and PBT all incorrect Profitability %s incorrect Tax charge incorrect EPS incorrect Current assets‚ total assets
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THE TRANSFER OF PROPERTY ACT‚ 1882 PERSONS COMPETENT TO TRANSFER (Section-7 ) Submitted by: Ananya mohapatra BBA-LLB (A) 5th Semester 1082015 PERSONS COMPETENT TO TRANSFER (Section-7) Every person competent to contract and entitled to transferable property‚ or authorized to dispose of transferable property not his own‚ is competent to transfer such property either wholly or in part‚ and either absolutely or conditionally‚ in the circumstances‚ to the extent and in the manner‚ allowed
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Completing the Audit Concepts: Nature of a balance sheet approach to the audit & implications for auditing the income statement * Obtain sufficient‚ competent‚ evidential matter for all balance sheet accounts * Note that if all balances are fairly stated‚ and the balance sheet balances‚ then Retained Earnings must be correct * If Retained Earnings is correct‚ then the Income Statement’s net income cannot be materially in error * Therefore‚ less work is done auditing the income
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Emergent Properties Every living organism is composed of one or more cells. Each of these individual cells serves their own purpose. However‚ they are structured to work together to perform a function. Emergent properties are the properties in which components of a system that is working together has‚ yet when the components are broken down individually‚ they are lacking these properties. Examples of emergent properties include the human brain and ant colonies. An emergent property of the brain
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door to the auction property. They are worried it would diminish the amenity of their property if property developer bought the object property. In order to disguise their interest‚ Mosses arranged for two people to assist in purchasing the property. They were Mr J Breeze and Mr C Carbonaro. Before the auction‚ Mr A Rohan who is a valuer told Dr Moss a quick valuation of property of $2.6 to $2.7 million on where property developers made bids‚ and $2.1 to $2.2 million when no property developer made a
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THERMOPHYSICAL‚ AND RHEOLOGICAL PROPERTIES OF FRUITS AND FRUIT PRODUCTS 4.1. INTRODUCTION Most processed and many freshly consumed fruits receive some type of heating or cooling during handling or manufacturing. Design and operation of processes involving heat transfer needs special attention due to heat sensitivity of fruits. Both theoretical and empirical relationships used when designing‚ or operating‚ heat processes need knowledge of the thermal properties of the foods under consideration
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12MBA 1138 PLANT LAYOUT Meaning‚ Definition and Scope: A plant layout generally refers to an arrangement of machinery‚ equipment and other industrial facilities like receiving and shipping departments‚ tool rooms‚ maintenance rooms and various employee amenities‚ for the purpose of achieving the fastest and the smoothest production at a minimum cost. In other words‚ plant layout is a floor plan for determining the and arranging the desired machinery and equipments of a plant‚ whether established
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Research and discuss the macro‚ meso and micro drivers that will influence the client’s decision to proceed with development or not: Macro Factors: • The Role of Technology :Technology not only creates new products for retail companies to sell‚ but also plays a major role in changing the way retail companies do business. Technological advancements such as the Internet offer retail customers additional shopping options. Technology also opens new retail markets‚ such as the Home Shopping Network
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