APPORTIONMENT AND SUCCESSION OF EXTERNAL DEBTS: THE CASE OF THE SFR YUGOSLAVIA by Mojmir Mrak* I. Introduction With the break-up of the Socialist Federative Republic of Yugoslavia (SFRY) in the early 1990s‚ both the newly established states on its territory and the international community in general were once again forced to confront the many problems of state succession. There is no customary international law that can be applied to different types of succession and‚ moreover‚ attempts
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Debt versus Equity Financing Paper Seneca Porter Acc/400 November 7‚ 2014 Theresa Pekron Debt financing is when an organization raises money for working capital or capital expenditures through the process of selling bonds‚ bills‚ or notes to a person or institutional investors. Basically‚ it is the use of borrowing to pay for your organization needs. The return for lending out money‚ the individual or institution then become creditors and obtain a promise that the principal along with the
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DEBT vs. EQUITY AND ASYMMETRIC INFORMATION: A REVIEW Linda Schmid Klein‚ University of Connecticut Thomas J. O’Brien*‚ University of Connecticut Stephen R. Peters‚ University of Cincinnati March 2002; Forthcoming‚ The Financial Review *Corresponding author: Department of Finance‚ University of Connecticut‚ 2100 Hillside Rd.‚ Storrs‚ CT 06269-1041; Phone: (860) 486-3041; Fax: (860) 486-0634; E-mail: thomas.obrien@uconn.edu Acknowledgements: The authors thank Ivan Brick‚ Shanta Hegde
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presented with a host of exciting new opportunities. The Kent State University Honors College is one opportunity I am particularly excited about. I decided to apply to the Honors College because I am a student who loves to be challenged. At my current university‚ I am not enrolled in an honors program‚ or am taking honors level classes. The reason for this is that as an incoming freshman‚ I was anxious about what my college workload would be like‚ and chose not to apply to the honors program. This is
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How to pay off your vacation debt Vacation Debt: What it’s all about? Vacations are a welcome break from work to relieve stress and spend time with family. But is going on a vacation on credit feasible? Unless the trip is someone’s dying wish‚ spending money that you can’t pay at once is not conscientious for the cost of repayment is sky-high. Nearly half of the people plan vacations without saving sufficiently in advance and end up in debt. Debt is derived from a Latin word ‘Debitum’ which implies
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Higher education gives a future and gives opportunity for those students that attend college and gives them a chance at a career that they are interested in. Now‚ it seems that in every common household their is at least one family member who attends college. But with the drop out rate going up students seem less interested in learning at college and their priorities change from their original goal of graduating. College is misunderstood by many incoming freshman‚ they think its going to be as easy as
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Two Important Concepts About Debt And Future Financial Situation After watching the video of Warren Buffett’s speech‚ How to Stay Out of Debt‚ I realized how important for American youth to learn the tips to manage their money. According to Warren Buffett‚ debt is very common to see in daily life‚ since lending loan or borrowing loan is essential to most of the American families. In the address‚ Warren Buffett talked about his opinions of debt‚ and he indicated that people should be caution of their
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Student debt consolidation loan usually will have a lower interest rates compared to credit cards. Student loan consolidation can be beneficial in improving student’s credit rating as such loans on sanction are immediately reported to all the credit agencies by the lenders. Student debt consolidation loan‚ is a facility granted to students enabling them to pursue higher studies.The recovery of such loans are spread over a longer period of time that too at lower interest rates and can save you a
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The term college ready is commonly pertained to: students who are considered to be prepared with the knowledge and skills believed to be necessary for their own success in any college course. With a profound understanding of what is being shown and their ability applying key foundational ideas and concepts from the core academic subjects. Acollege ready student should keep track of his or her blackboard assignments and keep in mind when an assignment is due. He/ She should turn in any assignment
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Affordable College Nowadays most of students after graduating high school start to think and infer which college or university will offer education and affordable tuition. Some future students decide on its prestige‚ well known student life‚ or the distance from home to school. When I graduated from high school‚ I had to decide stay in my native country and study at the university or come over to the United States of America. I chose being in the USA and study at Lone Star College for many
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