need not be adequate. 3. The consideration must move from the promisee. 4. An existing public duty will not amount to valid consideration. 5. An existing contractual duty will not amount to valid consideration. 6. Part payment of a debt is not valid consideration for a promise to forego the balance. 1. Consideration must not be past: Re McArdle (1951) Ch 669 Case summary Past consideration may be valid where it was proceeded
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clients are schools. Its clients place their orders through fax‚ telephone or by email with the payment made upon receipt of the ordered items. They use manual systems in every facet of their operations and these require a lot of paperwork. The proponents recommend the development of an online ordering system for efficient‚ accurate and faster ordering transaction together with a product inventory system to organize the list of the products‚ and avoid loss of products in the inventory and lists
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technology for them to do what they want. Most of the time‚ it is used in different transactions. One example is the Enrollment System for schools and colleges. In Muntinlupa Business High School‚ the enrollment is done manually every year. They sort the students manually to different sections by their grades. Teachers do this because there are no automated or computerized ways to do it. School manual records are usuallylocated on paper records like logbooks. It can easily be torn apart or sometimes
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A PROPOSED SCHEDULING SYSTEM FOR COLEGIO DE STA. TERESA DE AVILA A Project Presented to Colegio de Sta Teresa de Avila Foundation‚ Inc. In Partial Fulfillment of the Requirements for Thesis I By: Abarquez‚ Christopher Jan Boral‚ Mark Christian Capili‚ James Mark Santos‚ Robert Jay Salazar‚ John Paul Prof. Harold R. Lucero‚ MIT Adviser March 2012 Computerized Scheduling System for Colegio de Sta. Teresa de Avila PROPONENTS:
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Banking and Payments Research Shows an Industry Struggling with Change Banking and Payments Research Digest H1 2014 finds that the banking and payments markets are struggling to deal with the after effects of the downturn and the disruptive effects of technology. Recent research in the banking sector shows European banks are still recovering from the financial downturn‚ threatened by shadow banks and Fintechs‚ and attempting to redefine the role of the branch. The cards and payments market is a
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it‚ managing it‚ and relaying information to others. Computers enable the efficient processing and storage of information. The used of the manual processes in the business has decline since the rise of computerized and automated systems. And in fact‚ nowadays‚ the use of computer-based business system has become prevalent al throughout the developed and developing countries around the word due to the increased productivity and efficiency of the data. Every small business owner performs more than one
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The advantages of using a computerized accounting package such as MYOB accounting software. Let me start this article by saying I am a qualified accountant who has taught accounting at a variety of levels for over 18 years. I have also worked extensively as a business consultant for small and medium size enterprises. I am continually amazed when I come across a business either not using a computerized accounting package or using spread sheets to do their accounts. Therefore I decided to write
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A COMPUTERIZED PAYROLL SYSTEM FOR CANUMAY METALCRAFT A Project presented to The Faculty of STI College Caloocan In Partial Fulfillment of the Requirements For the subject Systemd Analysis and Design Submitted by: Canalita‚ Madine Dandan‚ Kayna Melissa Mier‚ Mark Anthony Muñoz‚ John Paolo Submitted to: Ms. Lourdes Apistar (Subject Instructor) February 2013 1.0 INTRODUCTION 1.1 Background of the study INFORMATION SYSTEN (IS) is the study of complementary networks
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needs and demands for financial information. A computerized inventory stock system helps the companies to keep track of their inventory from initial purchase to final sale automatically. It may contain quantities‚ description‚ price‚ purchasing of items‚ the stock – in and out‚ total amount of products on initial purchase and making reports on the inventory. A store sells certain products. Most stores still uses the manual system for recording transactions upon the inventory. Everyday
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1.What types of payroll systems are available? There are three basic types of payroll systems. Manual payroll means that you‚ or another employee within your company‚ calculates the payroll each pay period entirely on paper. You will need to calculate taxes‚ insurance‚ 401K‚ and any other applicable deductions in addition to each employee’s actual earnings. The advantage of using a manual system is that it is very inexpensive‚ with virtually no start-up costs. The disadvantage is that whatever
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