Accounting 3.2 – Partnership Agreement Clauses Goodwill * What goodwill represents in Lucy and Gemma’s new partnership agreement for ‘Awesome Catering’. As Lucy and Gemma start there new partnership agreement from Lucy’s old business called ‘Lucy’s Catering and combine their assets and liabilities to form a new partnership called ‘Awesome Catering’‚ Lucy’s old business‚ ‘Lucy’s Catering’ will have Goodwill as an asset. Goodwill is the monetary value given to the reputation or customer loyalty
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provided below. With each topic‚ you may either agree or disagree with the statement provided. 1. Credit card companies should not be on campus marketing to college students. 2. A consumer’s interest rate for credit card debt should not be based on their credit score. 3. Credit scores are a fair measure to help lenders estimate potential risk. 4. Most Americans should not use credit cards. 5. Renting an apartment is a better option than buying a house. 6. In the United States
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VEHICLE SALES AGREEMENT THIS VEHICLE SALES AGREEMENT is made this day of _‚ 20 _‚ by and among _______ ________________ (hereinafter known as "Seller") and ___ _ __________‚ (hereinafter known as "Buyer"). Buyer and Seller shall collectively be known herein as "the Parties". BACKGROUND WHEREAS‚ Seller desires to sell the vehicle described below‚ known herein as the "Acquired Vehicle"‚ under the terms and conditions set forth below;
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Credit Default Swaps Credit default swaps are the transfer of third party credit risk from one party to the other party. The purchaser of the swap must make the payments until it reaches the maturity date of the assigned contract. A better understanding of CDS is “One party in the swap is a lender and faces credit risk from a third party‚ and the counterparty in the credit default swap agrees to insure this risk in exchange of regular periodic payments (essentially an insurance
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Essential Credit Card The American Express Essential Credit Card is the latest offering on the market from American Express that has all the trappings expected from Amex without the cost. The card boasts a $0 annual fee and interest rate of 14.99% making it a popular choice for the everyday credit card user who wants to earn points without paying high fees. With a minimum gross income of $40‚000 required to apply and the minimum credit limit set at $2‚000 the American Express Essential Credit Card
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OLAM INTERNATIONAL Brief Descriptions of Company Background Olam International Limited is a leading global integrated supply chain manager and processor of agricultural products and food ingredients‚ supplying various products across 16 platforms present in 65 countries and have 12 functions. Olam’s Governing Objective is to maximize long-term intrinsic value for its continuing shareholders in an ethical‚ socially responsible & environmentally sustainable manner‚ through Olam Sustainability
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International Trade Agreements and Organizations The Increase of Globalization Showed a dramatic increase after WW2 Why? Growth in… Communication Technology Travel Baby Boom Advantages of Globalization Outsourcing Lower prices Improved human rights Increased productivity Innovation (due to increased competition) Disadvantages of Globalization Loss of local jobs Exploitation of cheap labour Pollution Disease Unhealthy products being spread around (e.g. drugs‚ fast food)
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VERSUS CREDIT Cash and credit are the preferred methods of payments in today’s society. Some consumers only purchase with cash‚ while others enjoy the convenience of using a credit card. There are advantages and disadvantages to using both credit and cash. Understanding the benefits‚ and drawbacks of both‚ should make it easier to decide which method is best for you. Managing your money can be a challenge whether you are using cash or a credit card. For example‚ using your credit card
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Credit cards have affected people’s lives in the 21st century. Many people use credit cards as an identification tool. In my opinion‚ credit cards have many benefits if they are used wisely. Credit cards offer a safe alternative to cash‚ and an opportunity to develop a good credit rating. They also provide the consumer with more time to pay for his/her purchaser. Credit cards are a safe alternative to carrying cash. When you have your card in your wallet‚ you don’t have to carry cash that can be
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Enhanced Defense Cooperation Agreement or EDCA is a bilateral pact that serves as an advancement of the Mutual Defense Treaty and the Visiting Forces Agreement between the Philippines and the United States. This became effective on April 28‚ 2014 and is classified as an Executive Agreement by both Philippines and US government. (Thayer‚ 2014) According to Foreign Affairs Secretary‚ Albert del Rosario‚ EDCA was originally titled as Increased Rotational Presence Framework Agreement and the change in title
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