KINDS OF DEFECTIVE CONTRACTS 1. Recessible Contracts 2. Voidable Contracts 3. Unenforceable Contracts 4. Void or Inexistent Contracts Rescissible (Article 1380-1389) Voidable (Article 1390-1402) Unenforceable (Article 1403-1408) Void ( Article 1409 -1422) ALL essential requisites of a contract exist. All the essential requisites of a contract exist All essential requisites exist but unenforceable due All or some of the essential requisites to non-compliance with statutory requirements
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shares that are not cumulative are called non-cumulative‚ or straight. In essence‚ holders of straight preferred stocks cannot expect to receive any payout for missed or omitted dividends. Callable or Redeemable Stocks - As the name implies‚ this kind of preferred stock comes with a provision that gives the issuing company the right to call or redeem the share at a certain price‚ which will usually be higher than market value. Callable preferred stocks are not very popular with investors because
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Tortilla Curtain and Crash: Another Kind of Racism Racism is a disease. Spread by not only words and actions but by silence and inaction. In two stories presented in different media – a novel and a movie—racism is spread by people who feel they are not racists‚ but who do nothing to prevent and stop racism. The reality is that it is easy to pretend racism doesn’t exist‚ yet everyone practices it in some way. Those who know racism is wrong and do nothing are the “perpetrators” of racism. They allow
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OBLIQUE DRAWING: *a projective drawing of which the frontal lines are given in true proportions and relations and all others at suitable angles other than 90 degrees without regard to the rules of linear perspective 1.neither perpendicular nor parallel to a given line or surface;slanting; sloping. 2.(of a solid) not having the axis perpendicular to the plane ofthe base. 3.diverging from a given straight line or course. 4.not straight or direct‚ as a course. 5.indirectly stated or expressed; not straightforward: oblique
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Perception Distortion Perception Distortion Jean Kelly Grand Canyon University Psychology 101 March 29‚ 2009 Perception Distortion Perception determines how we view the world and what is happening in it. Perception can be changed by many factors‚ including ones intended to distort perception. These altered states can be used for personal enlightenment‚ escapism‚ personal pleasure‚ and spiritual revelations through rituals‚ meditation‚ hypnosis‚
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COMPILATION OF LETTERS Submitted to: Prof. Ruth Gelveson Submitted by: Rio Matthew V. Alfeche BHRM2A TABLE OF CONTENTS COMPLETE MESSAGE May 5‚ 2011 Mrs. Betty Williams The Williams Adventure Park Igbaras‚ Iloilo 505-1234 Dear Mr. Cruz Greetings!
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Please bring this invitation with you; it is necessary for admittance. Sincerely‚ (Your Signature) Ryan C. Delfin Manager Invitation Letter This is called Invitation letter because‚ Invitation letters can be used to invite people to any kind of event‚ such as a birthday party‚ a cook-out‚ a slumber party‚ a campaign kick-off dinner‚ etc. Invitation letters are sometimes used to attract customers (i.e.‚ a sales invitation letter) or to control and restrict the number of attendees. The following
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Every time Christmas rolls around‚ I wonder if I’ll end up with one of those gifts. That one gift that was probably picked out in love‚ but has one problem - the receiver doesn’t like it. The hand knit sweater grandma made that wasn’t their style‚ the doll that they’ll never play with‚ the science kit that doesn’t interest them - all one of those gifts. So what are they supposed to do with that gift? It would be a waste to throw it away‚ but is regifting the answer? Regifting is a good choice because
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Chairman’s Speech Mar 2006 Mar2008 What can one say about the coming of age of a child you loved‚ nurtured and protected? A child whose successes you rejoiced‚ and whose failures you suffered quietly. Commitment‚ admiration and affection for Infosys are unparalleled among my colleagues who always put the interest of this child first in every thing they do. Completing 25 years is a watershed event in anybody’s life. It signals the arrival of a strong‚ confident‚ young person‚ ready to take on
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1. Describe the structural problems HP had. When Mark Hurd assumed his new role as CEO of HP‚ he soon realized that many of the company’s structural problems were related to the fact that eleven layers of management separated him from HP’s customers. Top corporate customers of the company told him that they did not know whom to contact at HP to respond to their questions. HP’s head of corporate technology said that she had to wait three months to secure approval to hire 100 sales specialists.
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