THE NEGOTIABLE INSTRUMENTS LAW I. FORM AND INTERPRETATION Section 1. Form of negotiable instruments. - An instrument to be negotiable must conform to the following requirements: (a) It must be in writing and signed by the maker or drawer; (b) Must contain an unconditional promise or order to pay a sum certain in money; (c) Must be payable on demand‚ or at a fixed or determinable future time; (d) Must be payable to order or to bearer; and (e) Where the instrument is addressed to
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There are many Classical and Baroque instruments that are interesting and still used today. At the time beginning in the early 17th and 18th Centuries German‚ French and Italian composers were writing complex and expressive music. Baroque music was related to Church and court life. This was a time when wealthy people enjoyed parties and dancing. Instruments like the violin‚ harpsichord‚ clavichord and lute were being used for single melody and highly complex compositions. In the beginning of the
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NEGOTIABLE INSTRUMENTS NEGOTIABLE INSTRUMENT According to Section 13 (a) of the Act‚ “Negotiable instrument means a promissory note‚ bill of exchange or cheque payable either to order or to bearer‚ whether the word “order” or “ bearer” appear on the instrument or not.” A negotiable instrument is a document guaranteeing the payment of a specific amount of money‚ either on demand‚ or at a set time‚ with the payer named on the document. Examples of negotiable instruments include promissory
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BACKGROUND JetBlue envision to create high quality airline at low-fares‚ to accomplish this JetBlue is developing high technology (Paperless) to meet efficiency but also focused on service improvisation. Profile • Founder • Focus Area : David Neeleman : New York‚ Florida & California • Operations : February 11‚ 2000 • First Flight : Between New York’s JFK &Fort Lauderdale • Initial Capital : $130 million Mission Core Values Safety Caring Integrity Fun Passion
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Cost of Debt and Cost of Equity: Cost of Debt is the interest rate and the Cost of Equity is the expected rate of return demanded by investors in the firm’s common stock. The issue at hand is finding the correct costs of debt and equity in order to find an accurate calculation of WACC. Cohen used the 20-year yield on U.S. Treasuries as the risk free rate‚ which we found to be the correct figure given that Nike Inc. debt was valued over 25 years. Because there is no other given yield that is comparable
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Instruments: The Heart of Africa The history of African musical instruments is rich and diverse as the people that populate the African continent. Because music is so deeply rooted in African culture‚ knowing about African instruments helps you understand the continent as well as the people. Apart from Africans themselves‚ this knowledge is usually restricted to ethnomusicologists and historians. The roots of African-American instruments are buried deep within the music of the African continent
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Chinese Instrument: Guzheng Done By: Ng Yee Ru 5Care Introduction Of Guzheng The guzheng or gu zheng (Chinese: 古 筝 ‚gǔzhēng) is a traditional Chinese plucked string instrument. It has 18 to23 or more strings and movable bridges. The guzheng is similar to Japanese koto ， the Mongolian yatga‚ the Korean gayageum ， and the Vietnamese đàn tranh. The guzheng should not be confused with the guqin. Guqin is another ancient Chinese string instrument without bridges. History Of Guzheng The early
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QUESTIONAIRE: QUESTIONAIRE The most common instrument or tool of research for obtaining the data beyond the physical reach of the observer which‚ for ex. May be sent to human beings who are thousands of miles away or just around the corner. Two Forms of Questionnaire : Two Forms of Questionnaire Closed form / Closed-ended Open form / Open-ended Closed-Ended Questions • The respondents are given a list of predetermined responses from which to choose their answer • The list of responses
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Australia’s foreign debt In recent years‚ Australia’s debt to the rest of the world has increased‚ and grew on average by 6.1% per year between June 1999 and June 2009‚ increasing from $15‚400 to $27‚900 in 2007-08. The growth in a country’s foreign debt can reflect several related influences. The value of its imports and other current payments to foreigners may exceed the value of its exports and other current receipts from foreigners‚ is this is the case then the nation experiences a deficit
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Return on equity or return on capital is the ratio of net income of a business during a year to its stockholders’ equity during that year. It is a measure of profitability of stockholders’ investments. It shows net income as percentage of shareholder equity. Formula The formula to calculate return on equity is: ROE = Annual Net Income Average Stockholders’ Equity Net income is the after tax income whereas average shareholders’ equity is calculated by dividing the sum of shareholders’
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