long as these severely poor countries are still giving birth to children, famine becomes a vicious circle. Is it really the obligations of those who live in wealthier countries to support those in other countries? Should these countries make sure their own people are taken care of first? This is the argument that Mr. Singer presents in his paper. One has the moral obligation is to help others in need whether it be a cup of coffee or assisting in drilling a well for water and no matter if they are
Words: 1052 - Pages: 5
* Right to information for consumption: The supplier of goods and service are required to provide true and complete information to the consumer. In the case of goods and essential services, companies that operate on an exclusive basis has the obligation to inform in advance the consumer cuts or interruptions of supply, unless unforeseen cases. * Right to protection of economic interests: In hiring, there must be equality of parties, loyalty, good faith and full length of contracts. * Right
Words: 399 - Pages: 2
MEMORANDUM TO: SCOTT WHISENANT FROM: VICTOR RENDON RE: LACK OF INFORMATION DATE: 10/30/2011 Overview The appropriate recognition/measurement of asset retirement obligations in regard to the following situations: 1. The ten warehouses that will likely be sold before being required to remove the asbestos. 2. The two warehouses in states without special asbestos handling and disposal laws. 3. The thirteen warehouses for which the settlement date is indeterminate. Literature Statement
Words: 1864 - Pages: 8
Vigilance Essay Feb 2015 1028 words The price of freedom is eternal vigilance. (Quote- Desmond Tutu) Vigilance is defined as the action or state of being alert and watchful. It is concerned both with what is and what will be. Thus it is important to be Vigilant in the army for many reasons. Not the least of which being it could keep you and your buddies alive despite the world’s best attempts to make you otherwise. But it means more than just staying awake and alert at guard duty. It means both
Words: 1024 - Pages: 5
long track record of fully honoring all obligations to each and every one of our stakeholders and we are committed to honoring our commitments to BIR.” Yes, but this does not help the Tanco Group with whom we empathize. Jacob says “Philam Life reneged on its commitment to the Tanco Group in failing to deliver the tax clearances. The Tanco Group has suffered damages due to the delay. Philam Life, however, is trying to find a way out of its obligation. Corporate integrity is an issue here.”
Words: 417 - Pages: 2
will be awarded with logical argumentation and appropriate presentation of the answers. Answer to question 1 1 Definition of liability: A present obligation arising from a past event, the settlement of which is expected to result in an outflow of resources embodying benefits (i.e. usually a cash payment) There are two types of event creating obligation a) Legal – arises from the conclusion of legal contract, legislation or other operation of law. Example: repair warranty in sales agreement Constructive
Words: 3699 - Pages: 15
Duties of promoter The promoters take possession of important position and responsibility towards the incorporation of a company. Promoters stand in fiduciary relationship with the company they are promoting. The fiduciary obligations of a promoter will arise automatically once he or she becomes the promoter of the company. There are some major duties of the promoter imposed by the court. First of all is acting bona fine. ‘Bona fide’ is originally a Latin word which means doing and presenting
Words: 494 - Pages: 2
收購公司應以公平價值衡量該資 所 取 得 資 產 ， 或 其 用 產。 途不同於其他市場參 與者 初始認列或衡量之例外情況 待出售資產 應依《IFRS 5 Non-current Assets Held for Sale and Discontinued Operations》之衡量規定處理。 凡是符合 IFRSs 架構(Framework) 下對負債的定義，當現有的義務 (present obligation)係來自過去所發 生的事件(past event)，且該負債公 平價值能可靠衡量者，應認列該 負債。 無特別規定。 應依淨公平價值衡量此類資產。 或有負債 可能發生的負債(possible obligations)，若負債公平價值能可 靠衡量者，應認列該負債。 員工福利 所得稅 補償性資產 (Indemnification assets) 再取得權利 股份基礎給付獎酬 應依 《IAS 19 Employee Benefits》 之 於 IFRS 3 Appendix B 提供有限的 認列與衡量規定處理。 指引。 應依 《IAS 12 Income Taxes》 之認列
Words: 343 - Pages: 2
Public companies have additional reporting and procedural obligations since the passage of the Sarbanes-Oxley Act, many of which may be costly for a company to implement, such as the Section 404 requirements relating to internal controls over financial reporting. (http://www.inc.com/guides/preparing-for-initial-public-offering.html) The things LJB should continue to practice are: The use of pre-numbered checks and pre-numbered invoices makes it easier to spot a missing document. (Documentation
Words: 378 - Pages: 2
|NCO EVALUATION REPORT |SEE PRIVACY ACT STATEMENT | |For Use of this form, see AR 623-205; the proponent agency is ODCSPER |IN AR 623-205, APPENDIX C | | | |
Words: 767 - Pages: 4
