Welfare including its Head office. Its core business is to manage the debtors of the ministry be it sports‚ culture or education. The Expenditure section deals with cash allocated from the fiscus for use in travelling and subsistence allowances‚ and day to day running of the ministry e. g. paying for water‚ electricity etc. The suspense section which is the subject of this research‚ also deals with the recovery of money from debtors of the Ministry. Salaries are paid by Salaries
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What Shopping Can Lead To What is shopping? Is shopping something we do for fun‚ for fashion‚ or to make us happy? Is shopping in our culture? Is shopping something we have learned from our parents‚ growing up? Shopping can be defined in many ways‚ but when does shopping become a problem? In “Shopping Spree‚ or Addiction” by Heather Hatfield‚ MD‚ she says “shopping can be one of America’s favorite past-times‚ but shopping can also lead to a self-destructive addiction that will cause financial disaster
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“Art for Heart’s Sake” “Art for Heart’s Sake” is a short story written by Reuben Lucius “Rube” Goldberg‚ an American cartoonist‚ sculptor‚ author‚ engineer‚ and inventor‚ who lived between 1883 and 1970. He is best known as a cartoonist and a founding member of America’s National Cartoonists Society. Collins P. Ellsworth is a wealthy 76-year-old businessman who is being treated for a form of compulsive buying disorder‚ otherwise known as oniomania: His uncontrollable buying habits—he can hardly
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GM533 Course Project – Case 32 Executive Summary: The purpose of this analysis is to assist the Quick Stab Collection Agency (QSCA) in determining if the amount or size of a bill collection is directly related to the number of days the bill is late. In order to support the validity of this relationship‚ a statistical analysis on the data provided will support the relationship with 95% confidence. These findings will give us a better understanding of the QSCA’s business and provide key insights
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following can be concluded 1. Bankruptcy is a question of law. It’s upon an adjudication order (judicial declaration that debtors are insolvent) by a court of law that makes them bankrupt. 2. The court of law making that adjudication order must be a court of competent jurisdiction (high court or magistrate court with extended jurisdiction.) 3. The debtor must be first insolvent (whether or not a person is insolvent is purely a question of fact thus a person can be declared insolvent
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individualized and can be identified or distinguished from others of its kind (Tolentino) - examples: white horse which won the Senior Grand Derby in 1979‚ Samsung G600 G-660#1-1G-6608>PC< - the very same thing promised must be delivered by the debtor and he cannot substitute said thing with another although the substitute is more valuable than that agreed upon unless the creditor agrees to the substitution (Art. 1206 par.1) - 3 accessory obligations (Note: only in
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rule‚ belongs to the debtor. Right of choice‚ as a rule‚ given to debtor. GENERAL RULE: The right to choose belongs to the debtor/ obligor Except: When the right has been expressly granted to the creditor Right of choice of debtor not absolute. LIMITATION ON THE DEBTOR’S CHOICE (1) The debtor cannot choose those prestations which are (a) impossible ‚ (b) unlawful ‚or (c) which could not have been the object of the obligation. (2) Only one prestation is practicable (3) The debtor cannot choose part
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in size‚ more than one ledger is required for recording its transactions which have also expanded with the business. Since the bulk of the entries are made in the accounts of debtors and creditors‚ these two classes of accounts are taken out of the General Ledger and put in separate ledgers - the Sales Ledger for debtors’ accounts and the Purchases Ledger for creditors’ accounts. There may be more than three ledgers but for simplicity‚ we shall limit the ledgers to three for the moment. The use
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Week 1 – Welcome / Introduction to Law I. 1. 2. 3. 4. Introduction to Law Not Not Not Not Divine Law‚ law of religion and faith Natural Law‚ justice‚ fairness and righteousness Moral Law‚ norms of good and right conduct Physical Law‚ order or regularity in nature Sources of Law i) i) Constitution – Fundamental Law of the land ii) ii) Legislations – Passed by Senate and House of Representatives iii) iii) Administrative issuances – Quasi Legislative Functions iv) iv) Jurisprudence – Decisions of the
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of a prestation which the former may demand from him. - Manresa Civil obligation vs Natural obligation Gives to the obligee effect Cannot be or creditor the right enforced by court of enforcing it action against the obligor or debtor in a court of justice. (right of action) Positive law Classifications of obligation Primary •pure and conditional •with a period •alternative and facultative •joint and solidary •divisible and indivisible •with a penal clause source
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