obligations isn’t going to change the main objective of the original contract. The second agreement between Coconut and Buffet created the new obligation to provide training as well as additional PCS after the initial contract runs out. Though it created a new performance obligation it didn’t change the scope of the agreement. Therefore we can treat the new agreement as a modification. Since we are considering it one contract we will have to go back and account for the consideration received for
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13 warehouses, LOI has no plan to make significant renovation or demolish the warehouse in the foreseeable future, and there isn’t enough information to measure its asset retirement obligation. Besides the 23 warehouses, LOI has legally binding contract to sell the other 2 warehouses in 6 months, there is a 90% probability that the third party buyer will not enforce LOI to handle or dispose asbestos. KEY CONSIDERATIONS INVOLVED IN THE ACCOUNTING QUESTIONS 1. For the 10 warehouses that LOI
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NEGOTIATION ON A PAY RISE The management and workers representative have engaged in 3 series of negotiations pertaining the above issues: I. Preliminary negotiation II. First negotiation III. Second negotiation Preliminary negotiation 1. Upon receiving a request from the worker’s representative and prior to the preliminary discussion, management meeting is held and agreed on the followings: * Agree on the request of a pay rise between 5% - 6%; and
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RAYA KORUDOVA TEAM WORKING Team-working is a contemporary form of achieving goals used in all kinds of contexts. “Work teams are groups of people embedded in organizations, performing tasks that contribute to achieving the organization’s goals. They have the necessary authority, autonomy and resources to achieve these objectives.” (West, 2012) However, the term “team” is easily mistaken with the term “group”. A group differentiates from a team by its larger size, necessity of a leader, style and
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encumbrance so disclosed or known. You can auy the product if the don’t have money Leasing: A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset. Forexample A contract renting land, buildings, etc., to another; a contract or instrument conveying property to another for a specified period or for a period determinable at the will of either lessor or lessee in consideration of rent or other compensation. It is a kind of a hire purchase but
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resources and higher experatise. Firms are driven to acquire IT outsourcing services because they expect these specialized firms to provide efficient services which lead to cost saving and increase in profit. However, only half of IT outsourcing contracts has delivered results as promised. In this research a conceptual framework is presented and tested to reveal the relationship between IT outsourcing risk factors and negative outcomes that occur from IT outsourcing. The result concluded that
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pressure to the loan investigators. Solyndra, however, also lied to the many agencies involved. They were not truthful when they valued the contracts that they had for their product. Solyndra valued the contracts at around $2.2 Billion. This was a severe overstatement of their value. What was in fact the case was, the companies that Solyndra had contracts with were actually buying less panels than they promised and they were making under the table deals to pay lower SOLYNDRA AND BAD BUSINESS
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however, there almost always has to be a contract of some kind. Whether it be agreeing on a price of diamonds for your jewelry or a service being provided this is entering into a contract. Most of the time both parties abide by the terms to which they agreed, but other times one or more parties fail to do their part. This is where loss happens that can affect on or more parties. This is why it is so essential to understand the different parts of the contract and what to do if you are ever present
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Cedar Combs March, 14, 2015 Intro. Civil Law Tacoma Cakes Contract This Contract for Sale of Goods is made this 15 day of March, 2015 by and between Sarah Stillwell, a baker at a cupcake shop in Tacoma, with its principal place of business at Tacoma, and Mike's Food Distributors, a vendor who delivers goods, with its principal place of business being his personal food distribution transportation. This Contact is being made for the purchase of the goods described below. Quantity of Goods:
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November 10, 2015 Contracts: A contract is an agreement that creates obligations that are enforceable by the law. A contract can either be written or spoken. There are elements to a contract that make it valid and binding. This is defined as a clear manifestation of willingness to enter an agreement made by another person with full understanding that their assent to the bargain is an invitation and is concluded. As to whether there was an offer in this case, yes there is an offer. When the salesman
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