be able to / not willing to pay the debt you owe. The creditor has ever right to sue you by filing a case against you in the court. If the judgment comes against you‚ then Creditor may request the court to pass a writ of garnishment against you to get the money back from my bank account and wages. The papers are sent to my employer in case of wage garnishment and to my bank in case of bank account garnishment. Though in the real picture not every credit card company would like to file a garnishment
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Get a Checking Account You can’t get a loan without first having a checking. You need a checking account because lenders verify your income via your checking account. Don’t worry‚ though--there is a way to get a loan even if you have bad credit‚ but you have to start by getting a checking account. Did you abuse and then lose your previous checking account? Writing bad checks or repeatedly overdrawing your bank account can get you blacklisted on a system called "ChexSystems‚ which is the database
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EAST ORCHIDS Established in 1989‚ East Orchids was an orchid farm located in the campus grounds of the University of the Philippines in Diliman‚ Quezon City. The enterprise started as a hobby of Mrs. Prieto before it was organized as a business. At the time of the case‚ the owners were also evaluating expansion strategies. What are the prospects of East Orchids given that Mrs. Prieto never had any formal training on orchid growing and business management? Author: Arturo Benedicto M.
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Internet Case Study for Chapter 4: Forecasting The Akron Zoological Park During the early 1990s‚ changes in consumer preferences and changes in governmental priorities‚ almost resulted in the permanent closing of the Akron Children’s Zoo. Lagging attendance and a low membership level did not help matters. Faced with uncertain prospects‚ the city of Akron opted out of the zoo business. In response‚ the Akron Zoological Park was organized as a corporation to operate the zoo under contract with the
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Study guide chapter 13 and 14 Chapter 13: 1. East and central asia 2. 7th and 8th century 3. Kami 4. Buddism 5. Taika‚ nara‚ Heian 6. Takia reforms 7. Aimed at completely revamping the imperial administration 8. Buddist monks 9. Restored the great aristocratic families 10. . 11. The tale of Genji 12. Pursuit of aesthetic enjoyment 13. The fujiwara 14. Bushi 15. Most rose to power as landowners‚ estate managers‚ or local state officials 16. Samurai 17. Hired military body guards
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INSTRUCTIONS : 1. 2. 3. 4. 1. The Question Paper has 32 questions in all. All questions are compulsory. Maximum Marks : 80 Questions from serial No. 1 to 16 are multiple choice questions. These are to be answered by writing the correct option in your answer sheet. Attempt all parts of a question together. Business transactions are recorded:(a) (c) in chronological order at the end of the month (b) (d) weekly None of the above 1 2. Trial Balance is prepared generally for a particular period
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B&K Distributors ROI for a Web Based Customer Portal 10 January 2011 Anne Huang‚ Yu Lee Kim‚ Min Woo Lee‚ Chalida Nakornchai‚ Kana Osugi‚ Ryan Thompson Recommendation to Invest in the Web Portal We recommend investing in the Web-Based Customer Portal. The expected high financial rewards with net present value of $346K and 41% IRR within five years (see Exhibit 1) are the main motivators. Based on our market research‚ we believe the high revenue would come from an expanded customer
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Technology and Ethics Forrest La University of Phoenix HUMAN FACTORS IN TECHNOLOGY TEC/401 JEFFERY MESSINGER 9/13/2008 Technology and Ethics Ethics has become the defining point of businesses around the world. If a person dislikes a company‚ usually the first thing they talk about is how unethical the business is. Take for example Wal-Mart‚ the world’s largest retail store. Yet there are people in this country who refuse‚ in fact eve protest‚ Wal-Mart. If you ask them why‚ the answer
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What you need to know • Common requirements now exist between US GAAP and IFRS on how to measure fair value • IFRS 13 does not change when an entity is required to use fair value‚ but rather‚ provides guidance on how to measure the fair value of financial and non-financial assets and liabilities when required or permitted by IFRS • While many of concepts in IFRS 13 are consistent with current practice‚ certain principles‚ such as the prohibition on blockage discounts for all fair
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(Also known as "T" Account and Account) Having passed the double or journal entries‚ the next step is to post these double or journal entries into Ledger accounts. Ledger account or an account is simply the classification of double entries which we have made in General Journal or any other journal. In an account we bring together all similar entries in one place. For example a company has purchased goods on 4th and 7th January‚ we would put both entries in purchases account because of their similar
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