"How should needs space account for the two obligations noted as provisions in the lease agreement" Essays and Research Papers

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    1‚ 1989‚ petitioner Philippine Fisheries Development Authority as lessor‚ and respondent QVEGG Marine Transport and Builders Corporation as lessee‚ entered into a 10-year lease contract1 covering the Iloilo Fishing Port Complex slipways and other auxiliary facilities for a monthly rental of P85‚000.00. The pertinent provision of the contract reads: 3. For and in consideration of the use of the leased premises and above-mentioned equipment‚ the LESSEE hereby agrees to pay the LESSOR a monthly rental

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    service provisions

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    Understand the range of service provision and Roles within health and social care (Adults and children and young people) Early years and child care. 1.1 - identify the range of service provision for health and social care (adults and children and young people) early years and childcare in own local area. Doctors Surgeries‚ offer a wide range of services to the public. Blood tests‚ medication for minor injuries‚ different types of vaccinations for example‚ flu vaccinations. They can also

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    Hospitality Provision

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    ASSIGNMENT Introduction Hospitality provision is one of important services in travel and tourism. The hotel is a basis for short accommodation needs of travellers. Depending on the content and using that object classification stay in hotel‚ tourism‚ resort‚ etc. According to the level of amenities available‚ they are classified according to the number of stars from 1 to 5 stars. In recent year‚ the economics and society are developing. People are getting busier with their work and their life. They

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    New Car Leases

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    thinking about how you can lease a new car to save a lot of money as friends or families advise you? You believe it is more practical to opt for a new car lease because for you‚ there is no logic in having to purchase cars with depreciating values especially when you are aware that the instant a brand new car steps out of the car factory or warehouse‚ it already depreciates by a significant amount? What is more‚ do you get confused and fin it even harder to accept as true that opting for leases or new car

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    Agreement and contracts

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    legally binding agreement or relationship that exists between two or more parties to do‚ or abstain from performing certain acts. A contract can also be defined as a legally binding exchange of promises between two or more parties that the law will enforce. For a contract to be formed an offer made must be backed with an acceptance of which there must be consideration. Both parties involved must intend to create legal relation on a lawful matter which must be entered into freely and should be possible

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    The Obligations to Endure

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    Professor Norford ENC 1101 3 March 2014 Word Count: 828 The Obligation to Endure Carson writes this essay informing us about pesticides and chemicals farmers use on their crops that can danger our echo system. The pollution man is creating “is for the most part irrecoverable; the chain of evil it initiates not only in the world that must support life but in living tissues is for the most part irreversible.” (Carson 2) There are many different ways that pollution can harm the environment‚ from

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    Operating Leases The principal advantages perceived by companies who enter into leases are: • They are able to use the assets in their business without showing the related debt. Companies improve the utilization of their assets via leasing since they can add capacity‚ as needed‚ a lot more easily by leasing rather than committing to own the assets. • They show no interest expense or depreciation in the income statement‚ although both of these are part of the “lease expense” account

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    Alternative Obligation

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    SECTION 3. - ALTERNATIVE OBLIGATIONS An alternative obligation is one wherein various prestations are due but the performance of one of them is sufficient as determined by the choice‚ which‚ as a general rule‚ belongs to the debtor. Right of choice‚ as a rule‚ given to debtor. GENERAL RULE: The right to choose belongs to the debtor/ obligor Except: When the right has been expressly granted to the creditor Right of choice of debtor not absolute. LIMITATION ON THE DEBTOR’S CHOICE (1) The debtor

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    OBLIGATIONS AND CONTRACTS REVIEWER TITLE I – OBLIGATIONS CHAPTER 1 GENERAL PROVISIONS 1156. An obligation is a juridical necessity to give‚ to do‚ or not to do. JURIDICAL NECESSITY – juridical tie; connotes that in case of noncompliance‚ there will be legal sanctions. - An obligation is nothing more than the duty of a person (obligor) to satisfy a specific demandable claim of another person (obligee) which‚ if breached‚ is enforceable in court. - A contract necessarily gives rise to an obligation

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    Tutor Agreement

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    Revision information: Tutor Agreement has been revised as of 2012/02/27 (Revision of Section 9.2.1.a)‚ Tutor Agreement version 2.3 Tutor Agreement has been revised as of 2012/01/09 (Revision of Section 4‚ Article 8.5‚ and 4.8.5a)‚ Tutor Agreement version 2.2 Tutor Agreement has been revised as of 2011/10/25. (Addition of 9.3) Agreement OF RAREJOB ONLINE ENGLISH TUTORIAL SERVICES 1. INTRODUCTION The RareJob English tutorial service is an online tutorial service that RareJob‚ Inc. ("RAREJOB"‚ "FIRST

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