CORPORATION Section 2 of the Philippine Corporation Code defines corporation as: “An artificial being created by operation of law‚ having the right of succession and the powers‚ attributes and properties expressly authorized by law or incident to its existence.” NATURE OF A CORPORATION 1. Artificial being – It is not a real or natural person‚ but the law assumes it as a person. It can enter into contracts‚ can own‚ and dispose properties‚ can sue or be sued in its own name‚ and has separate
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Riordan Company about the results of the review of JJJ’s financials. By reviewing these two documents‚ the effectiveness of the sources and attention to ethics can be examined. Appropriateness and Effectiveness of the Documents Document 1 is a Memorandum to Dana‚ the Marketing Manager. This source is formal enough to present Dana with the review of JJJ Company’s financials. Although Document 1 is an appropriate source‚ the document is not effective in presenting Dana with all the information that
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Prospectus Meaning The term Prospectus’ under Section 2 (36) means any document described or issued as a prospectus and includes any notice‚ circular‚ advertisement or other document inviting deposits from the public or inviting offers from the public for the subscription or purchase of any shares in. or debentures of‚ a body corporate. A private company under Section 3 (I) (iii) is prohibited from inviting the public to subscribe for its shares or debentures; and also prohibited to invite or
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Keystone Computers & Networks‚ Inc. December 31‚ 20X5 Memorandum on Accounting Issues: Accounting for Capitalization of Software Development Costs Memorandum To: Keystone Computers & Networks‚ Inc. From: Adams‚ Barnes & Co. Date: 11/17/2015 Note: KCN is currently developing networking software products to sell and started capitalizing costs in FY 20X5. The accounting procedures are described under FASB ASC 985-20-25 Costs of software to be sold‚ leased‚ or marketed. https://law.resource.org/pub/us/code/bean/fasb
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CASE NO. 06 Plaintiff‚ For: FORCIBLE ENTRY with damages. -versus- Spouses : Dingdong Dante and Marian Dante Defendants. x-----------------------------------------------------------x MEMORANDUM Defendant‚ thru Counsel and unto this Honorable Court‚ respectfully submits this memorandum. I. Facts of the Case 1. On August 16‚2013 Mr. Fernando Po thru his Counsel‚ Atty.Sonia S. Quiero filed Case No. 06 for Unlawful Detainer with damages against the defendants‚ spouses‚ Dingdong
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* Upgrading teacher competencies * Alternative Learning Systems * Eradication of illiteracy in selected areas * Promotion of continuing education and development * Implementation of integrated program MEMORANDUM CIRCULAR NO. 141 MEMORANDUM CIRCULAR NO. 141 - ADOPTING THE "EDUCATION FOR ALL: A PHILIPPINE PLAN OF ACTION‚ 1991-2000" AS A MAJOR SOCIAL DEVELOPMENT POLICY AND PROGRAM OF THE GOVERNMENT | WHEREAS‚ the National Committee
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CONVEYOR BELT” Project Conveyor Belt Memorandum Subject: Conveyor Belt Project Part 1 Memo Work Breakdown Structure (WBS) Information Identify Project Milestone. WBS information assists us to identify project’s milestones. A WBS is developed to confirm job to be done which this will assist us to establish project’s milestones. Attachments:Part 1 - Attachment #1: WBS Outline. Page 2 of 15 “PROJECT CONVEYOR BELT” Project Conveyor Belt Memorandum Subject: Conveyor Belt Project Part 2 Memo
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Audit Readiness Audit Support Handbook Reimbursable - Inbound Office of the Assistant Secretary of the Army (Financial Management & Comptroller) Army Accountability & Audit Readiness Directorate September 2014 Accountability & Audit Readiness: Sustaining Army’s Strength Audit Support Handbook – Reimbursable Inbound Table of Contents 1 2 3 4 Background ........................................................................................................................
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Receivable for tk 1‚890 owned by the Texaco Company has been left with the banker for collection. On December 31‚ the Company received a memorandum from the Bank indicating that the note had been collected and credited to the company’s account after deduction of tk5.00 charge for collection. No entry has been made by the company to record the collection. (8) A debit memorandum for tk 12.00 was issued by bank for printing of cheque books bearing Texaco company name and address. Required: a) Prepare a Bank
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contributed in terms of building a community of entrepreneurs on campus. Acculturation of entrepreneurship can be done by working together through collaboration with business and industry. The collaboration is done through a memorandum of understanding (MOU) or memorandum of agreement (MOA) must be pursued for effective and efficient. For that there must be efforts to scientifically study (a model of collaboration). In determining the co-operation carried out this must refer to the strengths of
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