SPECIAL POWER OF ATTORNEY KNOWN ALL MEN THESE PRESENTS: I AUDILOU CANING FABRICANTE‚ of legal age‚ Filipino‚ single‚ residence of Unit S-B‚ Ground floor‚ The Makati Tuscany Condominium‚ I am the principal owner of Happy Hippo Launderette at Unit C-D‚ Ground floor‚ The Makati Tuscany Condo. Corp. 6751 Ayala Avenue‚ Makati City‚ do hereby appoint‚ name and constitute SALVE BERNAS‚ of legal age‚ Filipino‚ SINGLE‚ __________________________; my true and lawful for me and my name place and stead
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An offset agreement is a stipulation made between a foreign supplier and a company which requires the supplier to purchase a certain amount of goods from that country in exchange for a contract. Offset agreements can be direct or indirect‚ depending on what raw materials the country may have. These agreements are often required in order to award a foreign contract to a large company producing valuable goods. A direct offset agreement means that the supplier has agreed to buy something from the
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UTILITY NUMERICALS 1. A consumer divides Rs.90 to be divided between two commodities X and Y‚ and suppose the unit price of Y is fixed at Re. 0.20. What will be his demand equation for X. If his utility function is U = log Qx + 2 log Qy. 2. A consumer has a monthly budget of Rs.4000. He spends all his income on two goods A & B. Price of A and B are Rs2 and Rs.4 respectively. His utility function is U = 3 log A+ 9log B. Find the optimum combination of A & B for the consumer
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Employment Agreement (Sample) THIS AGREEMENT made as of the ______day of__________________‚ 20__ ‚ between [name of employer] a corporation incorporated under the laws of the Province of Ontario‚ and having its principal place of business at _______________________(the "Employer"); and [name of employee]‚ of the City of ____________________in the Province of Ontario (the "Employee"). WHEREAS the Employer desires to obtain the benefit of the services of the Employee‚ and the Employee desires to render
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Should employers use noncompetition agreements or other restrictive covenants? If so‚ under what circumstances? What should an employer do if someone that the employer wants to hire is a party to a restrictive covenant with a previous employer? A noncompetition agreement is a type of “restrictive covenant‚” i.e.‚ a promise by an employee not to engage in certain behavior that is contrary to the employer’s interests. A covenant “not to compete” generally is a promise that the employee will not
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MEMORANDUM OF AGREEMENT THIS AGREEMENT made between ………………………………………………….. …………………………………………………………………………………………..of ……………………………………..signature …...……………….………………… (hereinafter called ‘the Employer’) of the one part and ………………………………. ………………………………………………………………………………………….. of ………………………………………signature.…………………………………….. (hereinafter called ‘the Project Engineer) of the other part. WHEREAS the Employer is desirous that certain Works should be constructed‚ viz Contract Name …………………………………………………………………………
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Four Situations When You Need a Divorce Attorney Although it’s possible to go through a divorce without getting attorneys involved‚ there are several situations when you should have an attorney as well as your spouse. The following are a few of the most common situations. You have children It is important to have a custody agreement that specifies whether one of you will get full custody or joint custody. All situations regarding visitation need to be specified as well. Custody arrangements may
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I am a graduate student form Kelley Business School at Indiana University and setout working at your accounting department in Ling Clothing Company. During look through the financial statement‚ I find some of transactions and events have a few mistakes in your company‚ which conflict with accepted accounting theory and GAAP. There are some mistakes I will present: The company switched from FIFO to LIFO in accounting for inventory. The preceding year it had switched from the weighted-average method
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IFRS Illustrative financial statements October 2012 kpmg.com/ifrs 1 Contents What’s new 2 About this publication 3 Independent auditors’ report on consolidated financial statements 5 Consolidated financial statements 7 Consolidated statement of financial position 9 Consolidated statement of comprehensive income – single-statement approach 13 Consolidated statement of changes in equity 17 Consolidated statement of cash flows 21 Notes to
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contract is a legally binding agreement. Stated another way‚ "a contract is a promise or a set of promises for the breach of which the law gives a remedy‚ or the performance of which the law in some way recognizes as a duty." (Restatement‚ Contracts‚ 2d) study hint. The essence of a contract is that (1) by mutual agreement (2) parties create obligations that can be legally enforced. 2. ELEMENTS OF A CONTRACT Elements of a valid contract are: (1) an agreement; (2) competent parties; (3)
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