When it comes to commercial truck insurance‚ make sure you have the right coverage to ensure you and your employees are taken care of in the event of an accident. Liability Insurance This type of coverage protects you from the cost of medical injury or property damage resulting from an accident caused by you or a company employee in an insured vehicle. Policies usually list separate limits for bodily injury and property damage. With commercial truck insurance‚ many agencies will offer a single
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33.3 Functions of Commercial Banks The functions of a commercial banks are divided into two categories: i) Primary functions‚ and ii) Secondary functions including agency functions. i) Primary functions: The primary functions of a commercial bank include: a) accepting deposits; and b) granting loans and advances; a) Accepting deposits The most important activity of a commercial bank is to mobilise deposits from the public. People who have surplus income and savings find it convenient to
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govern contracts; Article 2 of the Uniform Commercial Code and the common law of contracts. “The Uniform Commercial Code‚ or UCC‚ is statutory law in every state. The common law of contracts is court-made law that‚ like all court-made law‚ is in a constant state of evolution.” (Mallor‚ 2007) The UCC was created by the American Law Institute and the National Conference of Commissioners on Uniform State Laws to establish a uniform set of rules to govern commercial transactions‚ help solve the common problems
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Commercial Whaling Countless amounts of great whales will be illegally caught and slaughtered for commercial sale and “scientific” research this year. In spite of a worldwide moratorium‚ put in place by the International Whaling Commission twenty four years ago banning the act of commercial whaling‚ three defiant countries continue to hunt whales illegally. If these countries hunt whales against the law and continue to get away with minimal consequence it may encourage other countries to resume
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is considered the standard of a good business should be the goal for every business. For that reason a set of laws that provide legal rules and regulations that governs both the commercial or the business dealings and transactions is established under the Uniform Commercial Code. [1] Seeking uniformity amongst the states‚ the Uniform Commercial Code regulates the transfer or sale of personal property without dealing in real property. [2] The Uniform Commercial Code is one of the most important developments
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between $3.8 million and $4 million for every such spot that will be shown during the game between the San Francisco 49ers and Baltimore Ravens on Sunday… the major advertising companies are only expecting the fee to rise in the future” (International Business Times). The end of the football season for many is a time of excitement and anticipation as fans of the sport across the country brace themselves for yet another Super Bowl event. Whether they are rooting for their favorite team who made it into
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Tootsie Roll Industries Loan Package Tootsie Roll Industries is one of America’s most recognized confectionary companies and has been in business for more than 111 years‚ manufacturing and selling some of the most popular candies in the world. Tootsie Roll wants to secure a loan that will help increase the company’s total liabilities by 10% in the tune of $2.5 million. This loan package is attached to an updated business plan that provides the lender with the company’s history‚ a vision statement
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RMIT COMMERCIAL LAW LAW2442 Weekly Tutorial Problems Semester 1‚ 2014 Week 1: No tutorials‚ except for Monday tutorial groups There are no Commercial Law tutorials for the Tuesday‚ Wednesday and Thursday tutorial groups in week 1. However‚ for the Monday tutorial groups‚ Commercial Law tutorials start in week 1. This is to make up for the loss of the Commercial Law tutorials on Monday March 10 (in week 2) which is the Labour Day public holiday. Students
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Roofing Questions Each business owner has their own different experience with their commercial roof‚ whether it be replacing or fixing up a roof. Many business owners have several questions about their commercial roof‚ each with their own set of inquiries. Though roofing specialist often encounter the same most common questions. What questions might those be? There are four questions that are frequently asked and Warfeather in Coweta‚ Oklahoma can answer. 1. What should I do with my roof‚ does
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PAPER TITLE: COMMERCIAL BANKING IN KENYA PRESENTED TO: MRS. BOSIRE MARY PRESENTED ON: 19TH October 2011 ABSTRACT: This term paper analyses the commercial banking system in Kenya. In particular it focuses on the history of commercial banks from a general perspective then narrows down to Kenya’s context. It looks at the importance of commercial banks in Kenya‚ the roles/functions of commercial banks. It then focuses on the regulations that govern the commercial banks. Lastly it
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