...TerriResse Jones 208 Southwind Dr. #14, Athens, AL 35611 #22026522, Legal Writing 1, #008033 Law Offices of Eliza Smith & Associates 5678 Barrister Row Clark, Pennsylvania 18112 (771) 333-4444 Fax (771) 333-4445 April 21, 2014 Jane P. Smith 123 Rock Road Clark, PA 18118 Re: File No. Smith-3-04 Dear Ms. Smith, This letter is to inform you, that your tax appeal hearing has been scheduled for March 6, 2005, at 10:30 a.m. The hearing will be held at the County Office building located at 211 Race Road. The court room is located on the 5th floor. Ms. Smith, would like for you to meet her in the lobby ten minutes before the hearing begins. She asked, that you bring the pictures of all the comparable houses in your area, as discussed per your earlier meeting with her. If you have any questions, or need any assistance, please contact me at (217) 695-3568. Very truly yours, TerriResse Jones Cc: Eliza Smith THIS DEED Made the 21st day of April, in the year Twenty Thousand Fifteen (2015) Between, JANE P. SMITH, of the Township of Dalton, Lackawanna County, Pennsylvania, hereinafter referred to as the Grantor A N D ADAM JONES and SALLY JONES, husband and wife, of the Township of Dalton, Lackawanna County, Pennsylvania, hereinafter referred to as the Grantee. WITNESSETH, that in consideration of the sum of One Hundred and Fifty Thousand ($150,000.00) Dollars, in hand paid,...
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...Designing policy to influence consumers Briefing note 3: consumer behaviour and electronics When designing policy to influence consumers, you must take into account the way in which people make choices. Consumer choice is strongly influenced by mental short-cuts and emotive factors – it is not just a rational assessment of information on quality and price. Often these short-cuts lead to biases, which mean consumers do not always buy the best product for them. Effective policy must work with these mental short-cuts and account for the many factors that influence consumer choice. When designing policies aimed at influencing the purchase and use of consumer electronics, remember that consumers… • … are strongly influenced by unusual prices and offers. The visibility of these prices is very important: a key factor in consumer choice is whether an individual believes they are getting some kind of reduction in price. If they believe this, they are more likely to buy it as they see themselves as making a ‘profit’ on the purchase. Something ‘half price’ or in particular ‘free’ (for example ‘tax free’) can be even more appealing. Work with retailers, for example through voluntary agreements and codes of conduct, to promote energy efficient products. • … are very averse to loss. People want to avoid loss even more than they value additional gains, so use policy that imposes visible losses – like extra tax - even if quite small relative to the price. This is more influential than...
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...DRAFT RTS ON ASSESSMENT METHODOLOGY FOR IRB APPROACH - Consultation Paper - 16 March 2015 Published by EBA Publication date 12 November 2014 Read by Hasan Isik Link CHAPTER 1- General rules for the assessment methodology 32 CHAPTER 2- Assessment methodology of roll out plans and Permanent partial use of Standardised Approach 35 CHAPTER 3- Assessment methodology of the function of validation of internal estimates and of the internal governance and oversight of an institution 38 CHAPTER 4- Assessment methodology of use test and experience test 48 CHAPTER 5- Assessment methodology for assignment of exposures to grades or pools 51 CHAPTER 6- Assessment methodology for definition of default 56 CHAPTER 7- Assessment methodology for rating systems design, operational details and documentation 60 CHAPTER 8- Assessment methodology for risk quantification 71 CHAPTER 9- Assessment methodology for assignment of exposures to exposure classes 90 CHAPTER 10- Assessment methodology for stress test used in assessment of capital adequacy 93 CHAPTER 11- Assessment methodology of own funds requirements calculation 96 CHAPTER 12- Assessment methodology of data maintenance 102 CHAPTER 13- Assessment methodology of internal models for equity exposures 106 CHAPTER 14- Assessment methodology for management of changes to rating systems 111 CHAPTER 15- Final provision 112 1. General Rules * Proportionality Principle: Competent...
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...battling his kin for possession (real estate), a claim that an insurer refuses to settle (insurance), or the loan that the guarantor is to pay (banking). Even as these cases impact people's finances, some leave purging precedents, expanding the scope of an argument, lending clarity to an obfuscating rule, plugging loopholes, or giving direction to a nebulous circumstance. Over the years, such rulings have altered the financial fates of thousands of appellants, guiding them in the course of action or bolstering their cases for having cited them. The awareness about earlier rulings can clearly be crucial to the legal outcome since these can help strengthen the argument and prepare the case in a better manner. "Depending on the previous judgements, people decide whether to fight it out or opt for an out-of-court settlement as lawyers can make out which way the case is likely to go," says Sandeep Nerlekar, CEO, Warmond Trustees & Executors. 1) An insurer must prove fraud to reject a claim Kerala-based PV Suresh's wife Lalitha had taken a life insurance policy from LIC for Rs 50,000 on 28 February 2002. However, when she died on 9 September 2004 due to cervical cancer, the claim was rejected on the ground that she had failed to mention ayurvedic treatment for rheumatoid arthritis before buying the policy. It has to prove that the information that was supposedly hidden by the policyholder was material, that is, had a direct bearing to the case and that there was an...
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...Credit Risk Management Ken Brown Peter Moles CR-A2-engb 1/2012 (1044) This course text is part of the learning content for this Edinburgh Business School course. In addition to this printed course text, you should also have access to the course website in this subject, which will provide you with more learning content, the Profiler software and past examination questions and answers. The content of this course text is updated from time to time, and all changes are reflected in the version of the text that appears on the accompanying website at http://coursewebsites.ebsglobal.net/. Most updates are minor, and examination questions will avoid any new or significantly altered material for two years following publication of the relevant material on the website. You can check the version of the course text via the version release number to be found on the front page of the text, and compare this to the version number of the latest PDF version of the text on the website. If you are studying this course as part of a tutored programme, you should contact your Centre for further information on any changes. Full terms and conditions that apply to students on any of the Edinburgh Business School courses are available on the website www.ebsglobal.net, and should have been notified to you either by Edinburgh Business School or by the centre or regional partner through whom you purchased your course. If this is not the case, please contact Edinburgh Business School at the address below:...
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...FIN 536 PPT 17 March 2015 BANK REGULATION AND MANAGEMENT (Assets Quality and Financial Ratios) CHAPTER 9b Dr. Norliza Che Yahya Center for Economics and Finance Studies Faculty of Business and Management Universiti Teknologi MARA (UiTM), 42300 Puncak Alam Campus, Office: PFI 04 -032 Office (tel): 03-3258 7077 Email: norliza9911@puncakalam.uitm.edu.my or norlizacheyahya@yahoo.com LOGO 1 LOGO Content of Syllabus CODE CHAPTER WEEK NOTE Ppt 1- 4 Introduction and Overview of Financial System 1-3 Ppt 5-6 Interest rates and the role of a central bank 4 Test 1 Ppt 7-8 Money Market & Foreign Exchange market 5-6 (15%) Ppt 9-10 Capital market – Equity and Bond market 7-8 Ppt 11 Derivatives market Ppt 12 Offshore market 9 - 10 Ppt 13 Financial Legal Framework 10 - 11 Test 2 Ppt 14 Banking products & services 11 - 12 (15%) Ppt 15-16 Banking regulation and management 12 - 14 9 2 Chapter Outline NO. 1. LOGO CONTENT Asset quality – loan portfolio and problem loan management Bank credit process (loan life cycle) Problem loan detection (red flags): (i) accounts operation, (ii) business operations and (iii) external factors Loan recovery techniques – Collective workout agreement, collateral liquidation and bankruptcy 2. Performance evaluation of banks – financial statement analysis Ratios – Profitability, Liquidity, Asset Quality...
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...Date: June 7, 2016 To: Claire Sanders From: Chace Sauls Subject: Smooth Brew Body: Background: Mrs. Sanders, Smooth Brew Company has recently acquired a brewery located in Georgia. The brewery is unique in that a sparkling stream runs through the plants facility giving the beer a unique flavor. The company’s president informed me that an excessive price was paid for the plant due to the flavor enhancing stream. Problem: Our client stated that $1 million was paid in excess of fair value to acquire the plant. The president has requested that the $1 million be set up on the balance sheet in an account entitled water. Relevant Guidance: FASB ASC paragraph 350-20-35-39 through 44. FASB ASC paragraph 350-20-35-1. FASB ASC paragraph 350-20-35-16. FASB ASC paragraph 350-20-45-1. Application: Goodwill is considered an asset representing future economic profit stemming from the acquisition of other assets in a business combination. The amount of money given for acquiring a business over the fair value of the assigned assets and liabilities of a reporting unit is considered goodwill. Goodwill is not to be amortized but rather tested for impairment. To be able to test for impairment, the amount of goodwill should be assigned to a reporting unit. The amount assigned to the reporting units should depend on the degree to which it will benefit from the business combination. The number of reporting units used can vary depending on the method used. The method for allocating...
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...Chapter 8 Quality Assurance and Quality Control 8 QUALITY ASSURANCE AND QUALITY CONTROL IPCC Good Practice Guidance and Uncertainty Management in National Greenhouse Gas Inventories 8.1 Quality Assurance and Quality Control Chapter 8 CO-CHAIRS, EDITORS AND EXPERTS Co-Chairs of the Expert Meeting on Cross-sectoral Methodologies f or Uncertainty Estimation and Inventory Quality Taka Hiraishi (Japan) and Buruhani Nyenzi (Tanzania) REVIEW EDITORS Carlos M Lòpez Cabrera (Cuba) and Leo A Meyer (Netherlands) Expert Group: Quality Assurance and Quality Control (QA/QC) CO-CHAIRS Kay Abel (Australia) and Michael Gillenwater (USA) AUTHOR OF BACKGROUND PAPER Joe Mangino (USA) CONTRIBUTORS Sal Emmanuel (IPCC-NGGIP/TSU), Jean-Pierre Fontelle (France), Michael Gytarsky (Russia), Art Jaques (Canada), Magezi-Akiiki (Uganda), and Joe Mangino (USA) 8.2 IPCC Good Practice Guidance and Uncertainty Management in National Greenhouse Gas Inventories Chapter 8 Quality Assurance and Quality Control Contents 8 QUALITY ASSURANCE AND QUALITY CONTROL 8.1 INTRODUCTION.................................................................................................................................8.4 8.2 PRACTICAL CONSIDERATIONS IN DEVELOPING QA/QC SYSTEMS ......................................8.5 8.3 ELEMENTS OF A QA/QC SYSTEM .................................................................................................. 8.6 8.4 INVENTORY AGENCY...
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...Law Paper – The Contract (Case Study) Introduction This law paper is based on a case # 63075 from Provincial Court of British Columbia in which there was a false insurance claim made by Gulbhar Singh Bhullar (Son) and Kuldip Singh Bhullar (Father) from ICBC (Insurance Corporation of British Columbia). The date of hearing and judgement was January 22, 2009 and the place of hearing was Surrey, BC. The Counsel from Claimant side was R. Wellman, Q.C. and from Defendant side was C. Alexander. And the judgement was given by honorable judge W. G. Mac Donald. The case involved the implication of the Contract law from our course material which could clearly be used in the following discussed case. The case is about the insurance claim made by a person whose particular Honda Civic motor vehicle has been stolen and then found burnt in front of a Superstore. So for that Mr. Bhullar (Jr.) has claimed ICBC for an amount something over $13,000 for damages. When the car was purchased from Raman deep Bhangu, Gulbhar’s sister, the deal (contract) was in name of Kuldip Bhullar (Father) that means he was the principle owner of the vehicle at the end of the deal. And when the incident took place Mr. Kuldip was in Philippines since one and a half year but it was stated wrong even at the renewal time of insurance papers that he’s not in Canada..!! CASE LAW - Bhullar v ICBC Thu, 2009-02-19 21:56 — DriveSmartBC A car owner is not successful in a claim against ICBC for a total loss of their...
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...Boundaries facilitate a “down to earth” approach to things and issues, making it ease to handle routines and money, being assertive, objective, assuming responsibilities and being focused. On the other hand close Boundaries can lead you to isolation, lack of social contacts and relationships, less able to be open to new ideas, suggestions, and opportunities. In general, to be less open to have fun and joy in life. Having close Boundaries leads people to exaggerated deep analysis, judgements and scrutiny on what life is presenting and offering you, resulting in a most likely rejection of those. Close Boundaries can protect you from harmful situations and relationships, but it can also deprive you of amazing opportunities. ## Boundaries and Spiritual Development and Awakening As you progress in your spiritual development and awakening process, it is likely for your Boundaries to become more open. Being more open means that you are able to let in and accommodate more people in your heart with less judgement. This will allow more of the “good” to come in but also more of the “not so...
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...its Annual Statistics for 2010/2011, The Tribunal Service reported a ‘dramatic’ rise in the number of age discrimination claims lodged with its service. A total of 6,800 age discrimination claims were filed in the year to March 31 2011, an increase of 31 percent on the previous year’s numbers. This is an increase of 79 percent since 2008/2009. Of the 3,700 claims dismissed by Employment Tribunals in 2010/2011, just 2 percent were successful at Tribunal. Of the remaining 98 percent, 1500 were withdrawn before coming to a hearing. Acas conciliated in 35 percent of the claims, while 9 percent were unsuccessful at a Tribunal hearing. A further 3 percent were dismissed at a preliminary hearing, and 1 percent were subject to a default judgement. The Age and Employment Network (TAEN) expressed concern at the increase, and warned that the number is likely to continue rising. TAEN - The Age and Employment Network works to promote an effective labour market that serves the needs of people in mid and later life, employers and the economy. We direct individuals looking for employment, who want to change direction, develop their careers or undertake training to relevant organisations and a number of useful resources Chris Ball, Chief Executive of TAEN, said: "These figures show a dramatic rise in the number of age discrimination claims in the past two years and emphasise the importance of employers becoming more age-aware. "Against a backdrop of a number of high-profile...
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...HBS CASE STUDY Bankruptcy and Restructuring at Marvel Entertainment Group Why did Marvel file for Chapter 11? Were the problems caused by bad luck, bad strategy or bad execution? We believe that Marvel filed for Chapter 11 mainly because of its bad business strategy. As of year-end 1995, Marvel had 6 business lines: Sports and Entertainment Cards, Toys, Children's Activity Stickers, Publishing, Confectionery and Licensing of characters. Trading cards, Stickers and Comic Books started facing the decline in sales after year 1993. There were 2 main reasons for this decline: First, these businesses increasingly had to compete with alternative forms of child entertainment (mainly video games). Second, the decline in sales was driven by disappointed collectors who had viewed comic books as a form of investment and stopped buying them as company stopped increasing the prices. We believe that the company should have foreseen these events pregnant with dangerous consequences, while performing a market research and forming a long-term business and financial strategy. As one can see from the diagram below, the three unpromising business lines (filled in red colors) accounted to 61% of total revenues of a company in year 1995. At the same time, the company's financial strategy was based on highly optimistic business expectations and was not suitable for unfavorable turn of demand for entertainment products towards video games. Due to its high leverage (52%), the company was not...
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...MACIAS LOW COST AUTO, § Defendant(s) § -------------------------------------------x § HARRIS COUNTY, TEXAS PLAINTIFF’S FOURTH AMENDED PETITION The PLAINTIFF, Jennifer McFall, moves the court to amend her Original Petition in accordance to the Texas Rules of Civil Procedure - RULE 63. Amendments and Responsive Pleadings. The Plaintiff demands to incorporate Defendant, SKYE BANEGAS into the civil suit, as she personally appeared before the court and claims to be part owner alongside Matthew Macias in the operation - DBA: Macias Low Cost Auto, located at 5414 Suzanna Lane in Spring, Texas 77389. The Plaintiff is claiming Exemplary Damages, Punitive Damages, Compensatory Damages, in a case audit and demanding the judgement to be increased to the full amount allotted in civil court, of $10,000.00 (Ten Thousand Dollars and zero cents). ARGUMENT The Plaintiff, Jennifer McFall, is seeking the recovery an insurmountable claim for damages and presents a CASE COST AUDIT of damages totaling $12,052.46, attached. The DEFENDANT(s) names are, Matthew Macias and Skye Banegas – DBA Macias Low Cost Auto’s to be included in the Plaintiffs petition and claim, who both appeared ready for the hearing scheduled April 22, 2015. The Plaintiffs argument is based on the following facts listed below: I. EXEMPLARY DAMAGES a) EXHIBIT “A” - Vehicle Purchase cost, Title, and Blue Book Value 1) The Plaintiff purchased the vehicle, paid in full, in the amount of...
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...Stages of creditworthiness 1. Introduction Credit rating agencies (CRAs) formulate and issue credit ratings for both companies (debt issuers) and individual debt instruments. Issuer’ rating represents a forward-looking assessment of the ability and willingness of an issuer, such as a corporation or state or city government, to meet its financial obligations in full and on time. Therefore, credit ratings are considered to be important drivers of bankscost of finance, its capital structure and ability to continue trading (Grayetal., 2006). Issuer’s credit ratings are therefore interesting since they represent the judgement of informed and modern financial analysts about banks credit worthiness. Most of studies of ratings focus on determinants of bond ratings, default probabilities or the reliability of credit ratings. To date, no generally accepted model exists as to what determine CRAs perceptions of banks’ credit worthiness. The current study tries to fill this gap in the literature by examining the accounting determinants of credit ratings of banks in two major markets where the recent financial crisis of2007/08 is believed to have started: i.e. the US and the UK. During the 2007/8 banking crisis, credit ratings are believed to have played a key role in this crisis (House of Commons’ report, May 2009). On one hand, it is argued that CRAs misled market participants by failing to reflect the difficulties faced by the banks...
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...A true ruler is a partner and an ally of the people. The title of an effective leader is only rewarded when there is an obvious effort shown to understand and communicate with the people. A leader must take in regards the outward suggestions of his rule to govern a place in a way that is beneficial to its’ residents. In Sophocles’ play Antigone, which is a continuation of Oedipus Rex and the last play in the Oedipus Cycle, this standard is ignored. In the play, the current king of Thebes, by default is Creon. This supposed righteous king is the source of the problems that arise in his country, mainly because he displays ignorance to the Thebans. His shortly fused temper and defensive nature proves to get the best of him. Additionally, he is...
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