MONEY BILL:- 1) Money Bills can be introduced only in Lok Sabha (the directly elected ’people’s house’ of the Indian Parliament). 2) Money bills passed by the Lok Sabha are sent to the Rajya Sabha (the upper house of parliament‚ elected by the state and territorial legislatures or appointed by the president). The Rajya Sabha may not amend money bills but can recommend amendments. A money bill must be returned to the Lok Sabha within 14 days or the bill is deemed to have passed both houses in
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BILLS OF EXCHANGE According to Indian Negotiable Instrument Act‚ “ A bill of exchange is an instrument in writing‚ an unconditional order‚ signed by the maker‚ directing a certain person to pay a certain sum of money only to or to the order of certain person or to the bearer of the instrument.” CHARACTERISTICS Bills of exchange has got the following features: 1. An Unconditional order It is an order by the drawer (creditor) to his drawee {debtor) without any condition
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Manners‚ Morals‚ Customs‚ and Public Perception was written in the July of 2001 by Judge Paul Heath Till of Sidney‚ Texas. He writes this article to point out that people are behaving very rudely to each other in the South‚ where he is from‚ and Judge Till is very discouraged with this kind of act‚ and believes that these three traits can show a profile into identifying a culture. In Harper Lee’s masterful novel‚ To Kill a Mockingbird‚ manners‚ morals‚ and customs were clearly shown throughout the
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Title Page as needed by prof The Farm Bill The Farm Bill was put into effect in the 1930s during the Great Depression as a way of helping the struggling farmers during the horrible agricultural climate of the 1930s. Recently‚ however‚ the USDA (United States Department of Agriculture) and the Farm Bill have become some of the most important yet overlooked policies of today’s government. Sadly‚ with all of the growth in the government the Farm Bill has been perverted from solely helping farmers
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Balance sheets: the basics A balance sheet is a financial statement at a given point in time. It provides a snapshot summary of what a business owns or is owed. It states what assets the business ownes and what it owes – liabilities‚ at a particular date. The balance sheet is uded to show how the business is being funded and how those funds are being used. The balance sheet is used in three ways: • for reporting purposes (limited company’s annual accounts) • help interested
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BILL OF RIGHTS: 1ST AMENDMENT The Bill of Rights : it is the collective name for the first ten amendments to the United States Constitution. These limitations serve to protect the rights of liberty and property. They guarantee a number of personal freedoms‚ limit the government’s power in judicial and other proceedings‚ and reserve some powers to the states and the public. The First Amendment (Amendment I) : Originally‚ the First Amendment applied only to laws enacted by the Congress. However
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Treasury Bill | | Treasury Bills are money market instruments to finance the short term requirements of the Government of India. These are discounted securities and thus are issued at a discount to face value. The return to the investor is the difference between the maturity value and issue price. Types Of Treasury Bills There are different types of Treasury bills based on the maturity period and utility of the issuance like‚ ad-hoc Treasury bills‚ 3 months‚ 6 months and 12months Treasury
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hHouse passes RH bill on second reading By Karen Boncocan INQUIRER.net 2:16 am | Thursday‚ December 13th‚ 2012 MANILA‚ Philippines—After fourteen years of being stuck in Congress‚ legislators finally put to a historic vote and passed the Reproductive Health Bill before dawn Thursday. With 113 votes on affirmative‚ 104 negative and three abstention‚ the RH Bill was approved on second reading‚ the most critical voting period for a legislation. The lawmakers went on a lengthy nominal voting‚ in
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units completed. Instructor Explanation: Chapter 4 Points Received: 5 of 5 Comments: Great job 2. Question : (TCO F) Process costing would be appropriate for each of the following except: Student Answer: XX custom
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2) Purchased goods from Pandurang on credit Rs. 1200. 3) Sold goods for cash Rs.500. 4) Bought goods from Pitambar Rs. 1500 on credit. 5) Rakesh paid commission Rs. 150. 6) Paid to landlord Rs. 2500 for office rent. 7) Paid Rs. 350 for electric bill. 8) Purchased National Savings Certificate Rs. 1000. 9) Paid for brokerage Rs. 500 for purchase of shares. 10) Sold Machinery for cash Rs. 10000. 11) Withdrew Rs. 5000 from business for marriage of a son. 12) Distributed goods worth Rs. 200 as
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