agreement. On the other hand‚ the entity could purchase the same asset using external finance. While the two arrangements may result in identical net cash flows to the entity‚ in the case of a purchase both the asset and the associated financing obligation appear on the entity’s balance sheet whereas in the formal scenario rental payments are accounted for as a period expense‚ with the asset corresponding liability omitted from the entity’s balance sheet. Entities used Special Purpose Entities (SPE)
Premium Finance lease Balance sheet Lease
time I would remind employees that their employment is at-will‚ subject to this policy. Electronic monitoring would be done in an ethical manner‚ as fully described in prompt #5. 2. Define at will employment. Does an employer have an ethical obligation to an employee prior to terminating his/her employment? (Smalley v. Dreyfus document) (Snoyenbos: 328-333) (DeGeorge: 349-351) At-will employment allows an employee to quit at any time for any reason (or no reason at all). It also allows an employer
Premium Employment Philosophy of life Ethics
Implementation by the “losing” Member With the DSB’s adoption of the panel (and Appellate Body) report(s)‚ there is now a “recommendation and ruling” by the DSB addressed to the losing party (in the case of a successful violation complaint) to bring itself into compliance with (WTO) law or (in the case of a successful non-violation complaint) to find a mutually satisfactory adjustment. Article 3.7the DSU states that in the absence of a mutually agreed solution‚ the first objective of the dispute
Premium World Trade Organization
reflect individual perspectives on ethics—one’s ethical perspective (The Williams Institute for Ethics and Management‚ 2008). Through the Ethics Awareness Inventory ethical perspective can be gauged under four separate categories: 1) character‚ 2) obligation‚ 3) results and 4) equality—also known as (CORE) to determine an individual’s personal ethical perspective. The CORE categories are based on a broad characterization of one’s individual ethical perspective. Therefore‚ the Ethics Awareness Inventory
Premium Ethics Morality Business ethics
Toy Wars (T&N EDM) Instruction: Details: 1. Gather the Facts. Tom Daner – is the owner of a family business‚ Daner Assoc Mike Teal‚ owner Cracko Toys‚ is a million dollar client of Daner Cracko has a new Helicopter Toy - war based toy with machine guns and rescue gurney‚ battery operated - Timing is immediately post Rambo Cracko resisted caving to war toys but needed to for business survival Cracko hoping they did not enter too late Teal wants a TV campaign for the helicopter Teal
Premium Ethics Morality
contract is thereby discharged‚ and in its place the obligation of the parties in respect of the new contract comes into existence. It consists in the suppression of one contract by fresh contract or new contract may arise between one of them and a third person. “Novation” is defined by the Black’s Law Dictionary‚ 8th Edn.‚ 2004 as “The act of substituting for an old obligation a new one that either replaces an existing obligation with a new obligation or replaces an original party with a new party.”
Premium Contract Contract law Contractual term
psychological incapacity. In fact‚ currently‚ there is yet no exact definition to the term.2 Nonetheless‚ the Supreme Court elucidated that the term contemplates downright incapacity or inability to take cognizance of and to assume the basic parental obligations and not mere refusal‚ neglect‚ or difficulty‚ much less‚ ill will‚ on the part of the errant spouse. Moreover‚ irreconcilable differences‚ conflicting personalities‚ emotional immaturity and irresponsibility‚ physical abuse‚ habitual alcoholism
Premium Marriage Annulment
Union Carbide and the Indian government had the ethical obligation of non-maleficence; their obligation was to avoid harm to employees of the plant as well as citizens living in Bhopal. Additionally‚ Union Carbide and the Indian government had the ethical obligation to ensure that safety precautions were taken in daily operations of the plant as well as making corrections to known safety deficiencies. The Indian employees had the ethical obligation of fixing the problems that were pointed out or shutting
Premium Law Ethics Bhopal disaster
D. Ross’s idea of Prima Facie Obligations. Just like everything else in this world‚ there are different moral obligations‚ and some are weighed more than others. When we consider what we should do in the situation that several moral obligations conflicts‚ we should choose the one which is more important. Actually‚ this is a kind of consequentialism. To decide which moral obligation is more important is by comparing the severity of consequence of each obligation. For example‚ facing a series
Premium Justice Prima facie Ethics
Kathy/Chelsea to talk about Need space case. * Under US GAAP ASC 840-30 it would be treated as a capital lease * Lease term is> 75% of economic life * P.V. of MLP is > 90% of FMV of leased property * Record the asset and obligation at PV of MLP (ASC 840-30-30-1) * Depreciation- ASC 840-30-35-1 (a) and (b) gives guidance on how to depreciate when ownership transfers or not Under U.S. GAAP many things in the Senior Accountant’s computations would change. First you
Premium Property Finance Generally Accepted Accounting Principles