...or a license is a contractual agreement between lessor or licensor and another party (lessee or licensee) that binds both parties to the terms of the agreement. FACTS * Erik, the personal agent of Neil who owns two apartments rented one of two apartment to a young couple Sona and Ben starting from 5th July 1998 for years * The couple approach to Erik with one of their close (Edwin) who wanted to rent a single room. * Edwin was given one of two keys to the room as there was a bad pipe that needed to be visited by the plumber. * The plumber comes to the Edwin’s room and checks the pipe whenever he can. * Neil arrived a month later and announced an increment in the rent. * Neither the couple nor their friend agreed to increment in the rent. * Sona and Ben argued that they have a lease agreement while Neil objected this statement. * Edwin did not wish to pay the rent as per the agreement and asserted that he will only explain the reason at the court. ISSUES * Whether Sona and Ben’s agreement was a lease agreement or a license agreement * Whether Edwin’s agreement was a lease agreement or a license agreement * Can Neil increase the rent for both parties (Sona, Ben and Edwin) Advice for Neil When Neil was out of town, Erik (personal agent of Neil) was approached by a young couple wishing to...
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...President Benigno "PNoy" Aquino III delivered his fifth State of the Nation Address in front of senators and congressmen in Batasan Complex, Quezon City on Monday, July 22, 2014. This year's SONA had no published theme, but the striking message he mentioned was, "The Filipino is definitely worth fighting for." The President's penultimate SONA, which marked the opening of the 16th Congress, started at exactly 4:00PM and ended after an hour and 31 minutes. It earned 58 rounds of applause from an audience composed lawmakers, government officials, local and international media, dignitaries and other important personalites. PNoy started his speech by touching the controversial Disbursement Accelaration Program (DAP) which was declared unconstitutional bythe Supreme Court. He trumpeted the benefits of the mechanism which helped 220,000 students of Technical Education and Skills Development Authority (Tesda) to the tune of P1.6 billion DAP funds. He then showed two video testimonials of those who benefitted from TESDA scholarships. The address also enumerated the achievements of his administration over the past year, which includes good economic performance, increased budget in infrastructure, success of Public-Private Partnerships, calamity efforts, among others. PNoy also was combative against the critics of his administration, saying that they are actually against his "Boss", the people. He also had strong words against rice hoarders and corrupt officials at the Bureau...
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...PNoy's longest SONA is short on key policy issues by Ira Pedrasa, ABS-CBNnews.com Posted at 07/22/2013 10:06 PM | Updated as of 07/22/2013 10:10 PM MANILA - It was President Benigno Aquino III’s longest State of the Nation Address (SONA) so far, and maybe the longest post-1986. Despite a close to 2-hour State of the Nation Address, two analysts still found it short on key policy decisions. They said it lacked depth on issues that mattered to his overall theme of “inclusive growth.” Aquino's first SONA in 2010 ran for close to 40 minutes, his second ran for 53 minutes, and his third ran for around one hour and 30 minutes. Aquino’s fourth, which went on for around hour and 43 minutes, was replete with “melodramatic” clips, University of the Philippines sociologist Nicole Curato noted. “It felt like it was crafted for foreign investors, he’s doing a cheerleader role, but in terms of him playing an elected official to his bosses, it had melodramatic clips that [do not] affect us in real life," she said. UP political analyst Jean Encinas-Franco also noted the “long, boring” speech that did not dig deep into issues that really mattered. For instance, there was no discussion on how he would generate jobs for Filipinos, she said. “There was not anything about job creation, rights of labor.” She said Aquino reiterated too much on the conditional cash transfer program even if it can't solve poverty. “Let us be reminded that the budget for the [CCT] is from a loan from the World...
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...Maurice John A. Gines BSIT - 3 Interested Filipino citizens have again witnessed another annual report from President Benigno Simeon Aquino III on July 23, 2012. The latest State of the Nation Address highlighted the string of efforts of the Aquino administration to showcase the difference it has made since it assumed governance in 2010. The president collectively pointed out numerous achievements and key measures related to the economy, health, education, employment, infrastructure, tourism, agriculture, energy, police, national defense, peace process, environment and natural resources, salary/pension, territorial claims, and the fight against corruption. I believe that one of the strong points of the report include the indigent coverage of PhilHealth since it extends to Filipinos who does not have the means to seek medical help and it may potentially reduce the reasons to commit crimes in order to get money for medical attention. Another positive aspect of the report is the creation of LRT Line 1 Cavite Extension which can potentially resolve traffic congestion in Las Pinas, Paranaque, and Cavite that equates lesser time wasted in heavy traffic. The SLEX/NLEX connection also offers a faster transit time not only for people on vacation but also allow more productivity for businesses that are based on product delivery across provinces. It is also good to know of a notable increase in rice production and reduction in rice import that reflects stability in food production...
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...theory. This main source must be published and will most likely to be either a chapter in an edited book or a journal article that provides a thorough explanation of the theory. A journal article with an experimental study is unlikely to provide a thorough explanation of the theory, but is a very useful additional source for discussing the utility of the theory. (Use these in your utility section.) Your textbook and lecture notes do not count as main sources, nor do Internet sources from Wikipedia, online or other class lecture notes, etc. 4. Based on your main source(s), explain the theory in your own words. Additional research, such as experiments, course readings can be included to further enrich your explanation of the theory. Explain all key concepts of the theory (unless it is particularly complex,...
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...THE 2015 STATE OF THE NATION ADDRESS TECHNICAL REPORT Prepared by: The Office of the President of the Philippines TABLE OF CONTENTS TRANSPARENT, ACCOUNTABLE, AND PARTICIPATORY GOVERNANCE 1. Institutionalized Public Accountability .............................................................. 1 2. Upheld Transparency and Citizen Engagement in Government .................... 11 RAPID, INCLUSIVE, AND SUSTAINED ECONOMIC GROWTH 1. Sustained Strong and Broad-Based Economic Growth ................................. 14 2. Increased Opportunities for Employment and Economic Activity .................. 24 POVERTY REDUCTION AND EMPOWERMENT OF THE POOR AND VULNERABLE 1. Invested in the Filipino Workforce for Decent and Productive Work .............. 44 2. Sustained Equitable Access to Affordable and Quality Health Care .............. 50 3. Empowered the Poor and Marginalized towards Self-Reliance ..................... 56 JUST AND LASTING PEACE AND THE RULE OF LAW 1. Protected our National Territory and Boundaries........................................... 61 2. Ensured Public Order and Safety .................................................................. 64 3. Pursued Efforts for Peace and Development in Mindanao ............................ 68 4. Advanced and Protected Human Rights ........................................................ 71 5. Reformed the Justice Sector ......................................................................... 76 INTEGRITY...
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...A Project Presentation On Employee Management System Submitted By: Patel Sona B. Patel Payal J. [E.No-13084231201] [E.No-13084231170] M.Sc. (CA & IT) Semester-III Submitted To: Department of Computer Science, Ganpat University,Ganpat Vidyanagar – 384012. July/Dec-2014 1 Project Profile:Project Title Employee Management System Objectives System is used to Manage Employees, In Recruitment process choose candidate, Project Management, Client Management at one place. Platform Web Application Front End .NET Framework 4.0 with VB Back End Microsoft SQL Server 2008 Tools Visual Studio 2010, Ajax Control Toolkit 4,Crystal Report 2008 Students Name Sona Patel (13084231201) Payal Patel (13084231170) Internal Guide Hiral R. Patel Developed By Sona Patel Payal Patel Existing System:• Existing system requires manual integration of data and management of different-different processes. • Company requires different systems for Human Resource Information management, Project management and client & Product management. • Searching and tracking of information becomes complex and time consuming. Need for New System:• The new system requires to integrate systems for Human Resource Information , Client management and Project management at one place. • It makes data manipulation of projects & employees easy and fast. Its Less time consuming and provide efficient searching. FUNCTIONAL SPECIFICATION:•...
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...Essay in Economics The State of the Nation Adress (SONA; Filipino: “Talumpati sa Kalagayan ng Bansa”) is an annual address by the President of the Republic of the Philippines to a joint session of the Congress of the Philippines. It is mandated by the 1987 constitution, and must be delivered every fourth Monday of July at the Plenary Hall of the Batasang Pambansa Complex in Batasan Hills, Quezon City, Metro Manila. The Blumentritt Interceptor Catchment area is 3.3 kilometer in length, it will be able to catch the equivalent of 14 Olympic-sized swimming pools of water when rain starts to pour. We know that Metro Manila is susceptible to floods and we know that Metro Manila is the center in economic and industrial in the Philippines. If you are an uneducated person your perception to this project is negative. For an educated person like me this is equal and fair because Metro Manila is important because it is the center of economical growth here in the Philippines. The implementation of the Jalaur River Multi-Purpose Project || in Iloilo has started. What is its benefits? First, an estimated 24,000 farmers across Iloilo will benefit from year-round irrigation. As a result, the harvests of rice farmers may double. Iloilo is one of the top manufacturers of rice here in the Philippines. It means the import of rice here in Philippines will decrease and soon we will manufacture our own rice and that leads to low prices in rice in which not only Ilocanos will benefit but also...
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...A Project Presentation On Employee Management System Submitted By: Patel Sona B. Patel Payal J. [E.No-13084231201] [E.No-13084231170] M.Sc. (CA & IT) Semester-III Submitted To: Department of Computer Science, Ganpat University,Ganpat Vidyanagar – 384012. July/Dec-2014 1 Project Profile:Project Title Employee Management System Objectives System is used to Manage Employees, In Recruitment process choose candidate, Project Management, Client Management at one place. Platform Web Application Front End .NET Framework 4.0 with VB Back End Microsoft SQL Server 2008 Tools Visual Studio 2010, Ajax Control Toolkit 4,Crystal Report 2008 Students Name Sona Patel (13084231201) Payal Patel (13084231170) Internal Guide Hiral R. Patel Developed By Sona Patel Payal Patel Existing System:• Existing system requires manual integration of data and management of different-different processes. • Company requires different systems for Human Resource Information management, Project management and client & Product management. • Searching and tracking of information becomes complex and time consuming. Need for New System:• The new system requires to integrate systems for Human Resource Information , Client management and Project management at one place. • It makes data manipulation of projects & employees easy and fast. Its Less time consuming and provide efficient searching. FUNCTIONAL SPECIFICATION:•...
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...Tata Nano Case „5 C Analysis and STP“ For Marketing Strategy & Customer Management By: Sebastian Schmickler As of 20. March 2013 Customer The core benefit for the potential customer can be seen in the extremely cheap availability of a 4 seats offering individual transportation opportunity with a certain level of safety and comfort. This benefit will satisfy the pursuit of an affordable, individual and independent way to travel and transport things. The Customer therefore can be defined as individual that only can afford a limited small amount of money in order to buy a car (smaller household income). This leads to the conclusion that the potential buyer can be seen as part of the lower income class of the population (Indian middle class). The buyer of a Tata Nano will additionally generate in interest for those who search for more safety for example while transporting family members from a place to an other. Looking at this concern a consumer is a person not having a similar opportunity for same transportation. This can result from the absence of a car or the use of a scooter or bike (public transportation in some region can be seen as dangerous too). The customer could likewise have the need for a more convenient alternative to travel (for example during rainy or cold weather conditions). Company As core competence of Tata Motors Ltd. (Tata Group)(former TELCO) the good worldwide experience of manufacturing cars must be taken into account...
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...[pic] MARKETING 201: PRINCIPLES OF MARKETING Instructor: Derick Davis, PhD Kosar/Epstein Faculty Office Wing, Office: KE-515 Phone Office: 305.284.6145 E-mail: ddavis@bus.miami.edu Section O: Tuesday and Thursday 9:30-10:45 Stubblefield Classroom 502 Section Q: Tuesday and Thursday 12:30-1:45 Dooley Memorial Classroom 200 Section R: Tuesday and Thursday 2:00-3:15 Dooley Memorial Classroom 200 Office hours: Tuesday and Thursday 3:30-5:00 Friday 9:00 – 11:00, or by appointment Please feel free to ask questions anytime. Email is the quickest way to communicate with me. However, it is unlikely I’ll respond after 8:00 P.M. REQUIRED MATERIAL A text will be used in class. The text is Marketing, by Grewal and Levy, 4th Edition, McGraw-Hill, 2013 is available in the bookstore (ISBN 978-0-07-802900-4) at a price of $154.00 for a new book. It is highly recommended that you read the assigned reading before the class in which it will be discussed. Additionally, chapter slides and/or outlines are available on the course website. It is recommended you review and print these, bringing them to class to help you with note-taking. We will be discussing three HBR cases. You have to download them from https://cb.hbsp.harvard.edu/cbmp/access/28012946 They will be used for individual assignments and also discussed in class. The cost is around $12.00. We may also use several articles throughout this course (available on Blackboard) under Course Reserves...
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...State of the Nation Address of His Excellency Benigno S. Aquino III President of the Philippines To the Congress of the Philippines [This is an English translation of the SONA delivered at the Session Hall of the House of Representatives, Batasang Pambansa Complex, Quezon City, on July 22, 2013] This is my fourth SONA; only two remain. Almost four years have passed since I was approached by various camps to urge me to run for the presidency. They said: “We know that our country’s problems cannot be solved in the blink of an eye, in one year, or even within the six-year term of a President. But just begin, and we will be one with you in nurturing change.” Even then, I was aware of the significant problems that I would have to face. From being a candidate, to being President, or even after I step down from office, the difficulties I will have to face are no joke. Widespread transformation of society is my objective, and I am aware that there are many things and many people I would have to confront in order to achieve this. But I was not raised by my parents to back down in the face of challenges. I would not be able to live with myself if I had refused the chance to alleviate the suffering the Filipino should not have to endure. We have answered the call, and those who have been with us from the start have only grown in number. I believe that if what I have been doing is right, then our allies will only grow. Just this May, I asked you, Boss, are we going in the right direction...
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...Fauji Fertilizer Company Limited ============================================================================== 9MFY12 9MFY11 2011 2010 2009 ============================================================================== PROFITABILITY ------------------------------------------------------------------------------ Gross profit margin % 48.29% 57.08% 62.20% 43.60% 43.27% Operating profit Margin % 42.65% 55.38% 61.48% 38.77% 38.72% Net profit margin % 27.57% 35.90% 40.73% 24.58% 24.40% ROA % 23.92% 24.91% 40.50% 25.61% 22.89% ROE % 62.04% 59.97% 97.49% 71.40% 67.44% ------------------------------------------------------------------------------ LIQUIDITY & ACTIVITY ------------------------------------------------------------------------------ Current ratio times 0.97 1.07 1.07 0.86 0.84 Acid Test Ratio times 0.77 0.95 0.95 0.73 0.66 Days in Payables days 147.07 191.50 181.47 130.12 124.51 Days in Inventory days 19.36 10.40 7.42 2.57 3.58 Cash Conversion Cycle days -119.35 -180.50 -172.58 -125.05 -117.14 Total asset turnover times 0.87 0.69 0.99 1.04 0.94 ------------------------------------------------------------------------------ LEVERAGE ...
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...ANALYSIS OF FERTILIZER INDUTRY OF PAKISTAN PHOENIX PAF KARACHI INSITITUTE OF ECNOMICS AND TECHNOLOGY, KARACHI PAKISTAN Submitted by: MARYAM NISAR (BB-3-06-3416) SIDRA JAMAL (BB-3-06-3428) Course: ANALYSIS OF PAKISTANI INDUSTRY Submitted to: Mr. QAZI SALMAN 2 PHOENIX Page Table of Contents PRODUCTS: ........................................................................................................................................6 Brands: ..............................................................................................................................................7 SIZE OF INDUSTRY...............................................................................................................................8 GEOGRAPHICAL LOCATION..................................................................................................................9 FACTORIES LOCATION ...............................................................................................................9 WAREHOUSES ..........................................................................................................................9 TOTAL PRODUCTION.........................................................................................................................10 TOTAL EMPLOYMENT .......................................................................................................................10 TOTAL EXPORT .....................................................
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...INTRODUCTION 1.1 BACKGROUND OF THE COMPANY Tata Motors is India’s largest automobile company, with revenues of USD 14 billion in 2008-2009. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, and Spain. The company’s 24,000 employees are guided by the vision to be “best in the manner in which we operate best in the products we deliver and best in our value system and ethics” (Tata Motors, 2010) According to the Equity Bulls (2010), Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in January 2010 were 65,478 vehicles, a growth of 77% over 36,931 vehicles sold in January 2009. The company's domestic sales of Tata commercial and passenger vehicles for January 2010 were 62,202 vehicles, a 74% growth over 35,704 sold in January last year. Cumulative sales (including exports) for the company for the fiscal at 498,108 vehicles, recorded a growth of 24% over 400,284 sold last year. 1.2 TATA MOTORS – TATA NANO In January 2008, Tata Motors unveiled its People's Car, the Tata NANO, which India and the world have been looking forward to. Tata’s NANO is a new product with a new technology which promises the market of an efficient car with a very low cost. The Tata NANO has been subsequently launched, as planned, in India in March 2009. A development, which signifies a first for the global automobile industry, the NANO brings the comfort and safety of a car...
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