obligations‚ negotiable instruments are not legal tender (Sec. 60‚ New Central Bank Act‚ R.A. 7653); Negotiable instruments shall produce the effect of payment only when they have been encashed or when through the fault of the creditor they have been impaired. (Art. 1249‚ CC) BUT a CHECK which has been cleared and credited to the account of the creditor shall be equivalent to a delivery to the creditor of cash. Negotiable Contains all the requisites of Sec. 1 of the NIL Transferred by negotiation HDC may
Premium Promissory note
The SEC alleges that from 1998 to 2000‚ Computer Associates routinely kept its books open to record revenue from contracts executed after the quarter ended in order to meet Wall Street quarterly earnings estimates. In total‚ Computer Associates prematurely recognized $2.2 billion in revenue in FY2000 and FY2001 and more than $1.1 billion in premature revenue in prior quarters. In addition‚ Computer Associates‚ through former executives Kumar‚ Richards and Woghin and others‚ obstructed the SEC ’s
Premium Generally Accepted Accounting Principles Fiscal year Internal control
Because of this‚ his wife advised him to quit his job and get a much safer job. Tony loves his job and he tried to talk to Al‚ the one handling the branch where he works. However‚ based on their conversation‚ Al said that the Company cannot afford a $10K modification cost for the vans and that Tony is just being paranoid and will just have to drive carefully to avoid such accidents. Tony initially thought that the Company doesn’t care about his employees until the Company introduced to them the TQM
Premium Total quality management Employment Process management
Preliminary Reference List Ehrhardt‚ E. B. (2010). Financial Management Theory and Practice. South-Western Publishing. History and Facts about Wal-Mart. (2000-2010). Retrieved September 16‚ 2011‚ from https://www.Buzzle.com. Investor Relations Website -10K & 10Q Analysis. (2002-2010). Retrieved September 17‚ 2011‚ from https://www.walmart.com. Keefer‚ S. K. (1997). Does Social Capital Have an Economic Pay-off? A Cross-Country Investigation. Quarterly Journal of Economics ‚ 1252-1288. Kennon‚ J. (2010)
Premium Financial ratio Finance Economics
Cost should decrease as you aggregate. This will also provide more ability to manage suppliers. 80/20 Spend: reduce cost by volume spend Maverick Spending: Figure 3 and 4: identify what is being purchased within those high spend amount categories (0-10K) and also why there is so much being purchased off contract. Identify the products to reduce maverick spending‚ consolidate
Premium Term Economics Contract
Communism can be defined as a political theory first originated in the mind of Karl Marx. The theory supported class war and how all property should be publicly owned and each person who works is paid according to their abilities. Communism is supposed to be a system that meets the economic interests of the entire community as a whole. (For example‚ no one would feel left out. The community was looked at as a whole and not three separate classes). When it was created by Karl Marx and Friedrich Engels
Premium Communism Marxism Karl Marx
the company. Base on the SEC consent we can divide the IPO process in two parts; one is work before Consent and another in work after consent. Work Before Consent consists of Selection of Advisors‚ Completion of Valuation and restructuring‚ Selection of Bankers to the Issue‚ Selection of underwriters‚ Collection of NOC from Lenders‚ Audit of Accounts‚ Credit Rating Report‚ Agreement with CDBL‚ Approval from Sponsors‚ Refund warrant guarantee‚ Draft Prospectus‚ Consent from SEC‚ and Application Submission
Premium Initial public offering Stock market Stock exchange
Viral replication cycle in which the viral genome replicates without destroying the host cell. prion: An infectious particle that consists only of a protein and that does not contain DNA or RNA. Direct Instruction - Running Time: 16 min 43 sec Viruses -Composed of nucleic acids enclosed in a protein coat -Smaller than the smallest bacterium -Non’living -Only characteristic of life is reproduction in a host cell -Pathogens -Agents that cause disease Discovery of viruses -Tobacco
Free Bacteria Cell
REPRESENTATIVES THROUGH THE PARTY-LIST SYSTEM‚ AND APPROPRIATING FUNDS THEREFOR Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: SECTION 1. Title. – This Act shall be known as the "PartyList System Act". SEC. 2. Declaration of Policy. – The State shall promote proportional representation in the election of representatives to the House of Representatives through a party-list system of registered national‚ regional and sectoral parties or organizations
Premium Political party Elections United States House of Representatives
transfer of house is acceptable and valid under Sec 26 of CA 1950. The law applicable are Sec 26 of CA has stated that agreement made without consideration is void. According to Sec 2(d) of CA‚ consideration is an act or abstinence or promise by the promisee or any other person as required by the promisor in return for his promise. Literally‚ it means something that is given in return for something else. On the other hand‚ there was an exceptions under Sec 26 of CA which is an agreement without consideration
Premium Contract Adoption