Republic of the Philippines Professional Regulation Commission Manila Resolution No. 01 Series 2001 RULES AND REGULATIONS TO IMPLEMENT THE PROVISIONS OF REPUBLIC ACT NO. 8981‚ THE PRC MODERNIZATION ACT OF 2000. Pursuant to Section 17 of Republic Act No. 8981‚ the PRC Modernization of Act of 2000‚ the following rules and regulations are hereby promulgated to implement the provisions of the said Act. Rule I TITLE‚ POLICY STATEMENT‚ DEFINITION
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TASK 1 Explain the reference to legal principle and relevant case law‚ the legal aspect of placing the ‘Klick’ clock in the shop window with a price tag attached. Ann antiques has a rare ‘Klick’ clock on its shop with price tags of €1‚000 attached. In spite of its wording the sign in the window does not constitute a legal offer‚ it is merely an invitation to treat. Invitation to treat is an indication that the person who invite is willing to enter into a negotiation but it is not yet prepared
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etc. As a guide in planning the country’s national development‚ The Philippine Development Plan was formulated in accordance with the Constitutional provision of Section 9‚ Article VII‚ directing the Government’s economic and planning agency to implement a continuing integrated and coordinated programs and policies for national development. NEDA (National Economic and Development Authority) as the coordinator of the Philippine Development Plan is tasked to formulate development plans and ensure
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Nursing Education in the Philippines The history in the Philippines is closely aligned with the history of medicine in the country. With the arrival Ferdinand Magellan in 1521‚ developments in Philippine education were relatively slow owing to the belief of Spanish colonists‚ notably the friars‚ that the education of the natives would be detrimental to their rule over the islands (Agoncillo and Guerrero‚1977). The growth of the educational institutions in the Philippines during the Spanish occupation
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SUMMARY OF THE ARTICLE: Development Down The Drain: The Crisis of Official Development Assistance to the Philippines By: Eduardo C. Tadem‚ Ph.D. I. WHAT IS ODA? “Flows of official financing administered with the promotion of the economic development and welfare of developing countries as the main objective…” - Organization for Economic Cooperation and Development (OECD) II. QUALIFICATIONS: 1. undertaken by the official sector 2. main objective: promotion of economic development
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from them but some come from the public source. * Their vast activities interlinked with the activities of other business organizations. * They are part of different aspects of the use and need of Financial Resources. INSTITUTIONS IN THE PHILIPPINE FINANCIAL SYSTEM (As classified by The Bangko Sentral ng Pilipinas) I. Bank Financial Institutions II. Non-bank Financial Intermediaries III. Non-bank Thrift Institutions I. CLASSIFICATION OF BANK FINANCIAL INSTITUTIONS AND THEIR MINIMUM
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TERRITORIAL CLAIMS BY THE PHILIPPINES 1. Sabah / North Borneo A majority of Filipinos everywhere are wondering what this Sabah claim is all about. The Philippine history books‚ Malaysian’s probably too‚ have not mentioned about the Philippines’ stake on the northern part of the island of Borneo. On the other hand‚ the Malaysians maybe furious that there are a lot of attention now being focused to that part of the Malaysian federation to which they believe was theirs since
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PROFILE OF PHILIPPINE TARIFF SYSTEM Tariff Originated from Old Spanish coast town of Tarifa‚ 21 miles from Gibraltar‚ which received its name in the Arab who are said to named it after “Tariff Iban Malik”. Like Gibraltar‚ Tarifa is a high promontory and is connected to the coast only by a narrow cause way‚ easily defended. When the moors‚ many centuries ago‚ founded the town of Tarifa‚ they prepared the way for a system that is probably the most important factor in the international trade. As
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Staff Paper The Philippine Bakery Sector A market research report by Mollie Woods and Suzanne Thornsbury Submitted as a final grant report to Jamie Zmitko-Somers‚ MDA Staff Paper 2009‐05 August 2009 Department of Agricultural‚ Food and Resource Economics MICHIGAN STATE UNIVERSITY East Lansing‚ Michigan 48824 MSU is an Affirmative Action/Equal Opportunity Employer The Philippine Bakery Sector A market research report by Mollie Woods and Suzanne Thornsbury
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VALUE ADDED TAX What is Value Added Tax (VAT)? It is a tax on consumption levied on the sale‚ barter‚ exchange‚ or lease of goods or services in the Philippines and on the importation of goods into the Philippines. It is an indirect tax‚ as provided in Section 105 of the NIRC. It is an indirect tax meaning the amount of tax may be shifted on the buyer‚ transferee or lessee of the goods‚ property‚ or services. The Code provides that the tax may be shifted to the consumer‚ most if not at all
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