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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Financial Management: Coke vs. Pepsi BUS 508 – Business Enterprise June 11‚ 2011 Financial Management: Coke vs. Pepsi The purpose of this paper is to analysis companies Coke and Pepsi and determinate (a) which company is better able to pay current liabilities (debt)‚ (b) explain what profitability ratios can tell about a company’s performance and how that information would influence investing decisions‚ (c) discuss which financial ratios to utilized while examining the company’s most
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partners; however‚ there are a wealthy few who feel as if a prenuptial agreement is the only true method of which they can define the level of faith within a marriage. They feel that if a spouse agrees to a prenuptial agreement then that person truly loves them and does not want them for financial benefits. A prenuptial agreement should not be a factor in the engagement process. My opposers would say that a prenuptial agreement is sometimes necessary because people are sometimes not sure of the loyalty
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Prenuptial Agreement Prenuptial agreement or what is often called “prenup” is a legally bound contract made by a couple before they marry concerning the ownership of their respective assets. To some people‚ a prenuptial agreement is an insurance issue‚ to others it is a trust issue. Is a prenuptial agreement really important? Does every engaged couple need one before they get married? What happened to the foundation of love and trust? With much speculation‚ this topic has become an intriguing argument
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PARTNERSHIP AGREEMENT entered into between: ___________________________________________________________________________ (full name and registration number) (“the First Partner”) and ___________________________________________________________________________ (full name and registration number) (“the Second Partner”) and ___________________________________________________________________________ (full name and registration number) (“the Third Partner”) WHEREBY IT IS AGREED
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------------------------------------------------- REPURCHASE AGREEMENT (“REPO”) / RESERVE REPO 1. Definition A REPO is a money market transaction wherein securities are sold at a particular price by one party (REPO Seller) to the other (REPO Buyer) with a commitment on the REPO Seller’s part to repurchase the equivalent securities from the REPO Buyer on a certain date and at a certain price‚ both such date and price being fixed as part of the transaction. | A Reserve REPO is a money market
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Canada and International Agreements Agreement|Acronym|Canada and the Agreement| North American Free Trade Agreement|NAFTA|§ It was effective in January 1994.§ It is an agreement between Canada‚ the Untied States‚ and Mexico aiming to remove the tariffs among members.§ Canada’s exports to the United States have increased. 50% of Canadian products are sent to the States.§ Canada’s merchandise exports go to 39 out of 50 states.§ Mexico has almost doubled its exports to the States.| Free Trade Area
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MORTGAGE AGREEMENT THIS MORTGAGE AGREEMENT made and entered into this _____ day of July‚ 2012‚ by and between MRS. FEDERINA BALANAY QUINAY‚ the legal spouse of the late Mr. Federico C. Quinay‚ Sr. whose address is at Brgy. Luinab‚ Iligan City‚ hereinafter referred to as the “Mortgagor”; and MRS. AUDI QUINAY LIQUINGAN‚ the legal spouse of Mr. Menard Q. Liquingan whose address is at Ineangan‚ Dupay Del Norte‚ Nueva Vizcaya‚ hereinafter referred to as the “Mortgagee”. WHEREAS‚ the Mortgagor owns
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.9 Current Article 1……………………………………………11 Current Article 2………………………………………........13 Final Recommendation……………………………………..15 Works Cited………………………………………………….16 Executive Summary PepsiCo Inc. was a merger between Frito-Lay and Pepsi-Cola which expanded the Corporation output from only beverages to include a variety of popular snack choices. Tostitos corn chips‚ Fritos‚ Doritos‚ Ruffles potato chips‚ and Cheetos cheese-flavored snacks are all globally recognized. In 2001 PepsiCo
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TREATY AND 1997 KOSI STUDY AGREEMENT Dr. AB Thapa Summary: The 1966 Revised Kosi Treaty is a landmark treaty entitling Nepal absolute right to use the entire water of the Kosi in whatever way Nepal pleases. The amendment of the Kosi treaty from 99 to 199 years solely serves Nepal’s interest. There is no justification in blaming King Mahendra for this amendment to 199 years. The 1997 Kosi Study Agreement has paved the way for implementing
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