CALTEX vs CA Facts: On various dates‚ defendant‚ a commercial banking institution‚ through its Sucat Branch issued 280 certificates of time deposit (CTDs) in favor of one Angel dela Cruz who deposited with herein defendant the aggregate amount of P1‚120‚000.00. Angel dela Cruz delivered the said certificates of time deposit (CTDs) to herein plaintiff in connection with his purchase of fuel products from Caltex (inc). Sometime in March 1982‚ Angel dela Cruz informed Mr. Timoteo Tiangco‚ the Sucat
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Faded glory Case study: Will Philips’ attempt at repositioning its products work? Manu Kaushik Edition: Sep 30‚ 2012 Tags: Philips | Philips products | Philips LCDs | case study STORY TOOLS * Change font size * Print this story * E-Mail this story * Comment RELATED * Philips launches new entertainment products in India Executive Summary: Once a household name‚ Dutch consumer electronics major Philips has slipped over the years to become an ’also ran’. Its repeated
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face serious penalties‚ legal fees‚ and even go to jail. In support of exclusions from gross income relating to discharge of indebtedness‚ Stevens v. Commissioner 2008 is a primary example as the court case was held in the United States Tax Court. Gerard Stevens was held responsible for determining a $21‚323 deficiency in his Federal Income Tax for 2003 and the argument was whether Stevens failed to include in income his discharge of indebtedness or if he was liable for the accuracy-related penalty
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ACC553 Week 4 You Decide Activity To : John and Jane Smith From : Kathy Polk‚ CPA Near Lakes City Date : August 2‚ 2012 Dear Mr. and Mrs. Smith‚ I would like to thank you for coming into the office and permitting us to review and deliberate the concerns you have with your tax questions. Please contact me‚ after you both have studied my suggestions‚ so we can address any other questions you may have at that time. John Smith’s questions: 1(a) How is the $300‚000 treated for purposes
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D’ Leon Inc.‚ Case part I Jayline Benitez Alexander J. Uribe MGM 6620 Managerial Finances Juan M. Ramirez Polytechnic University of Puerto Rico Abstract – Donna Jamison‚ a 1995 graduate of the University of Florida with four years of banking experience‚ was recently brought in as an assistance to the Chairman of the board of D’Leon Inc.‚ a small food producer that operates in north Florida and whose specialty high-quality pecan and other nut product sold in the snack-food market. D’Leon’s
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of an indictment to trial to verdict. As the only bank indicted on mortgage fraud during the 2008 housing crisis‚ Abacus’s noteworthy trial bears economic significance. The founder of Abacus‚ formally a lawyer‚ began banking for residents of china town who could not obtain credit otherwise. Complications originated for Abacus when one family member discovered a loan officer‚ Ken Yu‚ persisted committing fraud on multiple mortgage loans. Abacus immediately terminated Ken Yu’s employment after the
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remaining fuel cost directly to the mills. c) MESC charges each mill with a fee based on the demand levels and actual service use (demand charges and processing charges). The demand rate and processing rate are subject to inflation adjustment. d) In case‚ the mills demand needs decreases MESC is contractually empowered to sell its services or product to any Third party. e) Since MESC is an “inside the fence” generating plant‚ it is not regulated by Federal Energy Regulatory Commission (FERC) or Alabama
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OBLICON: EXTINGUISHMENT OF OBLIGATIONs Payment or Performance 1. Montecillo vs. Reynes FACTS: Respondents Ignacia Reynes and Spouses Abucay filed on June 20‚ 1984 a complaint for Declaration of Nullity and Quieting of Title against petitioner Rido Montecillo. Reynes asserted that she is the owner of a lot situated in Mabolo‚ Cebu City containing an area of 448 square meters. In 1981‚ Reynes sold 185 square meters of the Mabolo Lot to the Abucay Spouses who built a residential house on the lot they
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This essay will look at a case of acute care needed by Jake. For the purpose of this essay the only intervention discussed will be the care surrounding Jake’s nutrition and hydration‚ with research and evidence being considered and applied appropriately. Jake’s initial assessment‚ using the ABCDE approach‚ will be discussed with an explanation of the pathophysiology behind his condition. This essay will also explore the impact on the family of having an infant with bronchiolitis with a focus on the
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pay the value of the checks. Hence‚ four (4) charges of estafa were filed against petitioner with the Regional Trial Court of Dagupan City‚ docketed as Crim. Cases Nos. D-8728‚ D-8729‚ D-8730 and D-8731. Arturo de Guzman was charged with two (2) counts of violation of B.P. Blg. 22‚ docketed as Crim. Cases Nos. D-8733 and D-8734. These cases against petitioner and de Guzman were consolidated and tried jointly. On 27 December 1989 the court a quo[2] acquitted petitioner of all the charges of estafa
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