the case that the BPI have provided a promissory note that the YUs have signed before the consumption of the transaction, it was indicated there that "I/We jointly and severally, promise to further pay a late payment charge on any overdue amount herein at the rate of 3% per month." In this note signed by YUs. Given that fact, YU’s has no escape in paying the late payment charge. The questionable part is, it was not mentioned in the promissory note the collection of Attorney’s fees, Litigation expenses
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CREATIVE LIFE AFTER POST IT NOTES? Point of View: Art Fray Statement of the Poblem:What to do to continually create an idea that would champion in the system and that would create a commercial success? Objective: To be able to strategically come up with plan that would continually place 3M at pace and remain competitive for a longer span of time Areas of Consideration: 1. Art Fray is branded as an inventor, and more is expected from him. 2. Post- it notes are now considered as a standard
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know how to take notes in the online classroom. [pic] |strongly disagree |disagree |neutral |agree |strongly agree | |1 |2 |3 |4 |5 | 3. I rewrite my class notes and review them
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Bonds Payable 9,934.82 Cash 96,000 E14-17 (Imputation of Interest) Presented below are two independent situations A Zero-interest-bearing note 600,000 Discount * .71178 12% 3periods Recorded Land =427,068 B Cash 4,000,000 10% 4 period Discount Notes Payable 1,267, 960
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Introduction Meaning of Negotiable Instruments Characteristics of a negotiable instrument Presumptions as to negotiable instrument Types of negotiable Instrument 1.5.1 Promissory notes 1.5.2 Bill of exchange 1.5.3 Cheques 1.5.4 Hundis 1.6 Parties to negotiable instruments 1.6.1 Parties to Bill of Exchange 1.6.2 Parties to a Promissory Note 1.6.3 Parties to a Cheque 1.7 1.8 Negotiation 1.7.1 Modes of negotiation Assignment 1.8.1 Negotiation and Assignment Distinguished 1.8.2 Importance of delivery in negotiation
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Accounting 350 – Homework #4 Name: Question 1: Purchase Commitments On September 5, 2011, Maloney Corporation signed a purchase commitment to purchase inventory for $180,000 on or before March 31, 2012. The company's fiscal year-end is December 31. The contract was exercised on March 4, 2012 and the inventory was purchased for cash at the contract price. On the purchase date of March 4, the market price of the inventory was $182,000. The market price of the inventory on December 31, 2011
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Bangladesh Bank Order, 1972 (President’s Order No. 127 of 1972) Incorporating all amendments thereto upto March 10, 2003 -1- DEPARTMENT OF PUBLIC RELATIONS AND PUBLICATIONS BANGLADESH BANK, HEAD OFFICE, DHAKA [Published in the Bangladesh Gazette, Extraordinary, Part IIIA, dated the 3lst October, 1972] GOVERNMENT OF THE PEOPLE’S REPUBLIC OF BANGLADESH MINISTRY OF LAW AND PARLIAMENTARY AFFAIRS (Law Division) NOTIFICATION No. 935-Pub. —31st October, 1972 —The following Order made
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In India, there is reason to believe that instrument to exchange were in use from early times and we find that papers representing money were introducing into the country by one of the Mohammedan sovereigns of Delhi in the early part of the fourtheenth century. The word 'hundi', a generic term used to denote instruments of exchange in vernacular is derived from the Sanskrit root 'hund' meaning 'to collect' and well expresses the purpose to which instruments were utilised in their origin. With the
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FORFAITING The forfaiting is an operative for the exporting company sold outright to a bank a payment internationally accepted document, letter or note, which recognizes a right of recovery in an operation led international sale. The forfaiting is often used in transactions with high risk countries (developing countries or countries with political or economic instability). Operations are hardly find other funding. Because of this high irrigation, the financial institution that acquires financial
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Harvard Business School 9-395-016 January 3, 1995 3M: Profile of an Innovating Company As a perennial winner in Fortune magazine’s annual poll of American CEOs to determine “The Ten Most Admired Corporations,” 3M was almost universally recognized as one of the world’s most consistently innovative companies. Indeed, Fortune described it as “a kind of corporate petri dish that fosters a culture of innovation.” In an era when large companies were struggling to reignite employees’ entrepreneurial
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