1. Where does research involving animals take place? Research involving animals takes place in a wide array of institutions‚ expanding from colleges and universities to pharmaceutical facilities for the purpose of research and development [1]. These institutions provide novel approaches (methodology) and therapeutic pharmaceuticals derived from the research on animals. In the end‚ understanding the underlying pathology of animals paves way for the advancement of medicine in both humans and animals
Premium Animal testing Animal rights Medical research
services provided. Bad debt expense is that portion of account receivables that will not be collected. Therefore‚ without any receivables a company will not have bad debts‚ thus no need to estimate any bad debt expense. Business to business transactions are mostly done with a promise to pay for goods and services provided at a later date. When a company sells its products or provides its services to other businesses or even individuals‚ it expects payment for the products or services. In most
Premium Accounts receivable Debt Balance sheet
Contract Law Notes Contracts ‘A’ Offer Bilateral contracts Unilateral contracts Offers to the public at large What is an offer? Mere puff Supply of information Invitation to treat Categorizing transactions Advertisements a) Advertisements in a catalogue or a curricular b) Advertisements in newspapers or magazines c) Advertisements appearing on the internet d) Display of goods Auctions a) Advertisement of auction b) Auctions with reserves c) Auctions without a reserve Tendering
Premium Contract
suppliers Sent by the buyer to the supplier Its an invitation sent to a shortlist of bidders to make a formal and detailed offer to supply the services or goods required INVOICE Commercial document issued by a seller to a buyer‚ relating to a sale transaction and indicating the products‚ quantity and agreed prices for products or services the seller has provided the buyer Used when a customer would like to know the details of their purchase and what they are paying for Sent by the buyer to the supplier
Premium Procurement Purchase order Supply chain management terms
CONTRACT LAW- EXAM NOTES What is a contract? An oral or written agreement between two or more parties which is enforceable by law. This agreement ‘will be legally binding if certain criteria are met – briefly‚ they require that there be an agreement (comprising an offer and acceptance)‚ consideration‚ intention to create legal relations‚ compliance with any formalities required by law and that the parties have the legal capacity to contract’1 What is the purpose of contract law
Premium Contract
Online transactions are better than the conventional manual transactions Online transaction or online banking‚ which is a process of entering into transactions by a particular client and the bank using modern technology. Nowadays‚ with modern technology such as computer and mobile phone‚ people can do the online transaction at anytime and from anywhere. However‚ do we really know whether online transaction is beneficial? Even though most people think that online transaction is more risky than manual
Premium Internet Bank Mobile phone
1.0 Contracts and its Elements 1.1 Essentials of a Contract Contracts form part of our daily life e.g. lease of house‚ sale/purchase of cars‚ etc. However‚ there are elements essential to form a contract. These are: 1.1.1 Offer/Invitation MacMillan & Stone (2004) described offer as “an expression of willingness to contract on certain terms. It must be made with the intention that it will become binding upon acceptance. There must be no further negotiations or discussions required.” This can be
Premium Contract
Allergies Some children have food allergies which means that they cannot tolerate certain foods and they may become very ill which may lead to going into anaphylactic shock if they eat certain foods. Some children are allergic to nuts or eggs and it is very important to make sure these foods are avoided which means checking the ingredients of some food products very carefully as every small amount can cause problems for allergic children and also some medical conditions can be cause by a child’s
Free Nutrition Milk Food
Enron’s Questionable Transactions 1. The special purpose entities (SPEs) got Enron into trouble. 2. It is debatable whether Enron’s directors knew how profits were being made through the SPEs. Speculation is that they did have knowledge‚ but did not question the questionable procedures. Evidence that indicates the directors knew how profits were being made includes the following: • Andrew Fastow’s role in establishing the SPEs and falsely creating 3% independent investors in
Premium Enron Enron scandal
Enron Questionable Transactions Question 1 The question which segment of its operations got Enron into difficulties is simple to answer‚ everything. Almost every all segments of their operation were improper. First of all‚ they practice unethical and dishonest practices which victimized workers‚ consumers‚ taxpayers and stockholders. Enron created partnerships within their own organization which led to them creating new financial instruments‚ called SPE’s (special purpose entities) which was
Premium Enron