rights 6. The SE 1/4 of the NW 1/4‚ and the SW 1/4 of the NE 1/4‚ and the SW 1/4 of Section 22 contains: (a) 2 1/2 acres (b) 240 acres (c) 45 acres (d) 165 acres 7. A person appointed by the court to handle the estate is the: (a) executor (trix) (b) administrator (trix) (c) devisor (ee) (d) testator (trix) 8. A type of deed that contains an after acquired clause is a: (a) grant deed (b) quiet deed (c) quitclaim
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Written Analysis of the Case –WAC Benguet Corporation 1. Statement of the problem The Benguet Corporation refused to submit concentrate samples to the Philippine Associated Smelters and Refining Corporation (PASAR). The Benguet Corporation faces shortage in producing their products and complying its contract to Mitsubishi Metal Corporation and complying the LOI. 2. Analysis of the case Strengths The Benguet Corporation is the major producer of copper concentrates. It was the oldest
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QUESTION 2 (25%) Top and Middle are in partnership‚ sharing profits and losses in proportion 75% and 25%. The partnership agreement provided as follows: (a) Interest at the rate of 10% per annum is to be allowed on the partners’ Capital Account balances. (b) Interest on drawings was to be calculated at 4% per annum. (c) Top was allowed a salary of RM400 per month. (d) Interest on partner loan was 6% per annum. Trial Balance As At 31 December 2009 RM Capital : Top : Middle Current Account : Top :
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CHAPTER 3 The Accounting Cycle QUESTIONS Q3-1. Much more judgement is required for accrual accounting than for cash accounting because there is greater uncertainty at the time events are recorded in the accounting system. There is no uncertainty around the point in time when the cash is paid or collected. Accrual accounting records economic events‚ not cash flows. When an economic event occurs can be ambiguous. It’s less certain when revenue has been earned than when cash is received. It
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The Philippines is an archipelago‚ which means it is made up of a group of islands and is rich in bodies of water such as the oceans‚ rivers‚ and lakes. However‚ according to the data released by Water Environment Partnership in Asia (WEPA) in 2005‚ 42.89% of the waters in the Philippines are contaminated. These contaminated waters have not only been continuously harming people‚ but also the aquatic ecosystem of the country. It is said that approximately 31 percent of illness monitored for a 5-year
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Third Estate The Grievances of the Third Estate was the list of ideas that the cahier of the Third Estate sent to the Estates General on how the new Constitution should be drafted. It included the injustices on how the Third Estate was currently being treated‚ as well as ideas to restore their social standing and rights. The document begins by stating the people’s loyalty to the King and then lists the Third Estate’s wishes. Then they go on to tell him about each of the grievances of each of the
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selling out on release. SUMMER 2013 DUBAI PRIME RESIDENTIAL REVIEW Prime sales market update Helen Tatham Director of Residential Knight Frank Dubai The Dubai real estate market showed the first firm signs of recovery in early 2012 but this was not across all sectors. “Freehold ownership of Dubai real estate for non-Gulf Cooperation Council Nationals has now been in existence for over a decade. Since its inception in 2002‚ we saw a rapid rise in demand and pricing up to the peak
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Target Corporation American Business History SS 304-03 Target Corporation is a growth company focused exclusively on general merchandise retailing. Their principal operating strategy is to provide exceptional value to American consumers through multiple retail formats ranging from upscale discount and moderate-priced to full-service department stores. (Target Corporation Company‚ n.d.). Its founder George D Dayton‚ a banker and real estate investor became a partner in Goodfellows Dry Goods
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OVERWORKED ESTATE MANAGER Lok Kim Sun is the Manager of one of Malestates (Sdn Bhd) large plantations in Malaysia. It is a very large estate of 28‚ 500 acres and employs 2500 estate and factory workers and managers. The crops grown are rubber (6‚ 500 acres)‚ oil palm (20‚ 000 acres) and cocoa (2‚ 000 acres). Mr. Lok is a very domineering individual. However‚ he is extremely afraid of making a mistake. His experiences as a junior planter‚ working up to Senior Assistant‚ and finally Estate Manager
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interview‚ but after getting turned down from a couple agents turns out that my friends real estate agent is one of the best and well know respected person at what he does‚ his name is Ludyn Tijerino. Mr. Tijerino works for an agency called Approved 4 keys. I was able to get in contact with this person through a favor done from my friend. My overall assessment of this interview is that it turns out that in the real estate business there is more to it than what I had imagine. Many of the questions that I had
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