Ancient Olympics Today‚ the Olympic games are known world wide‚ but it did not always used to be this way. Early Olympic games were much different than they are today. The games played and those who attended them were some of the biggest differences. Today’s Olympics have competitors from around the world. There are now hundreds of events in the modern athletic competition. This is a significant difference compared to the amount of events in the ancient Olympic games. The modern Olympics change
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2. THE FEATURES OF THE LIMITED LIABILITY COMPANY Limited Liability Company‚ along with other types of business entities‚ as well as business partnerships‚ cooperatives‚ state and municipal unitary enterprise is a commercial organization‚ namely organizations that pursue profit as the main goal of their activities and distributing the profits among the participants. This limited liability is characterized by the fact that the current (operational) management in the company (as opposed to partnerships)
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From : Elena Vignerte To : Russel Lacey MBA – MARKETING Nov. 11 – 2014 CASE MEMO Olympic Rent-A-Car US : Customer Loyalty Battles CASE SUMMARY : Olympic-rent-a-car is one of the US car renting company leader. The company was founded in 1976 by John Uelses‚ with a franchising model. The initial strategy of the company was to price lower than the main competitors. With a promotion‚ advertizing and franchizing strategy‚ the company reached to catch 7% of the market shares in 2012. By starting operating
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Current Liabilities Week 3 Assignment Beverly Clarkson November 23‚ 2014 Daniel Carraher RUNNING HEAD: CURRENT LIABILITIES Current Liabilities Current liabilities
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Before commenting upon the nature of Limited Liability Partnerships (LLP) it is necessary to understand the system of partnership that it embodies. The LLP is provided for by the provisions of the Limited Liability Partnership Act‚ 2008. Under this act the LLP has been described as a “body corporate” and a artificial legal personality with perpetual succession. Under the LLP the partners can manage the rights of duties though the means of an agreement that would be governed by the LLP act. The interested
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Mitchell September 6‚ 2012 Olympics: Worldwide Forum Rhetoric is defined as “the art of effective or persuasive speaking or writing” and “language designed to have a persuasive or impressive effect on its audience”. It can also refer to describing meaning as a whole or “a vehicle for meaning whose aim is often to identify‚ inform‚ or persuade an audience.” The Summer Olympics and rhetoric do not sound like they have anything to do with each other‚ but in fact‚ the Olympics is one of the most communicated
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leisure but also can help people to keep fit. So‚ the most famous sports party the Olympic games become more important in people’s lives. The Olympic games will be held evey four years and people all over the world will enjoy the glamor of sports during that time. Then‚ who will host the next Olympic games becomes very important and many countires want to host the Olympic games. London will host the 2012 Olympic games. The issue of which it is good or bad to be the national host becomes a hot issue
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financial accounting standards statement sets up the foundation for reporting and accounting for loss contingencies. A contingent liability is a potential liability that might‚ or might not happen in the future. For example this could be a lawsuit‚ a product warranty‚ a possible tax assessment‚ a government investigation‚ or even an environmental contamination. A contingent liability and the associated loss are recorded as a journal entry only if the contingency meets these two criteria; A.) the contingency
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Estimated liabilities are a known obligation that is of an uncertain amount but that can be reasonable estimated. Common examples are employee benefits such as pensions‚ heath care and vacation pay‚ and warranties offered by a seller (Fundamental Accounting Principles‚ Chapter 11‚ Pg 437). When a firm sells products or renders services with a warranty‚ the firms has an obligation towards the customer when the warranty is honored. The warranty liability is an estimate of the obligations. Hence‚ a
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in both the present petition and in the petition it filed with the CA – that Andutan’s retirement from office does not render moot any administrative case‚ as long as he is charged with an offense he committed while in office. It is irrelevant‚ according to the Ombudsman‚ that Andutan had already resigned prior to the filing of the administrative case since the operative fact that determines its jurisdiction is the commission of an offense while in the public service. The Ombudsman relies on Section
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