SPEs/conduits for securitization are rarely consolidated by their sponsors or transferors based on the consolidation rule of ARB 51. Answer the following: (a) Discuss the consolidation guidance under ARB 51. Under ARB 51‚ consolidated financial statements are usually necessary for a fair presentation when one of the companies in the group directly or indirectly has a controlling interest in the other companies. ARB 51 stated consolidation guidance as “usual condition for a controlling financial interest
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X‚ Y‚ and Z prepare articles of incorporation and comply with all the statutory requirements‚ except their attorney never files the articles with the Secretary of State in their state. The state has adopted the MBCA. Having been told by their lawyer that the articles had been filed‚ the three operate as a corporation for three years. A creditor now wants to hold X‚ Y‚ and Z personally liable on a debt. Can the creditor do so? Posts are due July 30. -------------------------------------------------
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Legal Rights Elisia Jackson Introduction to Criminal Justice Criminals have legal rights during trial procedures. Without these rights there would be so much confusion and controversy in the court system today. There are four of them that I will give a brief summarization of and explain to you the consequences that could possibly happen if these legal rights were no longer upheld in the court system today. They are; the right to confront witnesses‚ the right to an impartial
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Unit Outline 2013 Faculty of Business‚ Government and Law Legal Systems G 6777 Page 1 of 16 Australian Government Higher Education (CRICOS) Registered Provider number: #00212K This Unit Outline must be read in conjunction with: a) UC Student Guide to Policies‚ which sets out University-wide policies and procedures‚ including information on matters such as plagiarism‚ grade descriptors‚ moderation‚ feedback and deferred exams‚ and is available at (scroll to bottom of page) http://www
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Analyse data and document client requirements Inside this reading: Analysing client requirements 2 Data flow diagrams 3 Data dictionaries 10 CASE tools 14 Confirming client requirements 15 Documenting client requirements 22 Summary 26 Analysing client requirements Before you can start to analyse the information you have gathered you should think about what you are trying to achieve. The client has presented you with a business problem. In order to solve this problem you need to undertake
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laws of the land and promote respect for law and legal process. 5. Re: Financial Audit of Atty. Raquel G. Kho 6. Chua v. Mesina 7. Soriano v. Dizon 8. Stemmerik v. Mas 9. De Ysasi III v. NLRC 10. Cordon v. Balicanta CANON 2 – A lawyer shall make his legal services available in an efficient and convenient manner compatible with the independence‚ integrity and effectiveness of the profession. CANON 3 – A lawyer in making known his legal services shall use only true‚ honest‚ fair‚ dignified
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1. Definition of Clause According to Legal dictionary‚ clause is referring to a section‚ phrase‚ paragraph‚ or segment of a legal document‚ such as a contract‚ deed‚ will‚ or constitution‚ that relates to a particular point. A document is usually broken into several numbered components so that specific sections can be easily located. The Supremacy Clause‚ for example‚ is part of Article IV of the U.S. Constitution An exclusion clause is a term in a contract that seeks to restrict the rights of
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Conditional fee arrangements can be defined as fee arrangement‚ whereby payment to the solicitor is dependent upon the result of the proceedings‚ and is permitted by Section 58 of the Courts and Legal Services Act 1990 and the Conditional Fee Agreements Order 1998. Conditional fee agreements are becoming increasingly popular‚ this is because if the claimant is unsuccessful he/she will not have to pay the Solicitor for his service‚ hence‚ no win‚ no fee. Therefore it is in the best interest of both
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American University of Beirut Department of Electrical and Computer Engineering EECE 430: Software Engineering Fall 2013-2014 Section 1 User’s Requirements Document: Home Insurance Group 5 Nour Absi Halabi Petra Chidiac Amal Hneine Mohamed Itani Suzanne Saleh 1|Page Table of Contents A. Introduction...............................................................................................1 1. Purpose ......................................................................
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LEGAL WRITING 201 30 SUGGESTIONS TO IMPROVE READABILITY OR HOW TO WRITE FOR JUDGES‚ NOT LIKE JUDGES JUDGE MARK P. PAINTER OHIO FIRST DISTRICT COURT OF APPEALS Legal Writing 201 JUDGE MARK P. PAINTER OHIO FIRST DISTRICT COURT OF APPEALS TAFT LAW CENTER 230 EAST NINTH STREET CINCINNATI‚ OHIO 45202 513-946-3444 – FAX 946-3411 mpainter@cms.hamilton-co.org www.judgepainter.org ........................................................... Introduction to Legal Writing ...............
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