Riba is an extra or surplus or not the same scale or measure during the exchange of certain items (ribawi goods). In other word, riba means the value added of a loan required by the lender or promised by the borrower while in the exchange of some goods and currencies, it means the difference in value due to the different quantities or exchange time differences. Riba comprises of debt (riba Ad-Duyun) and usury through the exchange of ribawi goods (riba Al-Buyu ').
Ribawi goods consisting of two groups of gold and silver and basic food comprising wheat, barley, tamar and salt. In general, riba is divided into two main types, namely the riba that takes place in the course of debt receivables known as Riba Al-Duyun and riba that occurs in the deal of trading known as Riba Al-Buyu '.
Riba Ad-Duyun is the riba that happened in the debt loan agreement and this type also happens in two situations. The first condition occurs when additional rates or benefits are required on lending. These conditions are made at the beginning of the loan contract imposed by the lender to the borrower and known as Riba Al-Qard. The second situation occurs when additional rates or benefits exceed the amount of principal loan imposed as the borrower fails to pay the loan amount set at the agreed period. It is also known as Riba Al-Jahiliyyah.
Riba Al-Buyu’ refers to riba that occur in the sale and purchase of ribawi goods and occurs in two circumstances. The first condition is the sale or exchange
B.O.R.? What is that? The B.O.R., otherwise known as the Bill of Rights is a legal document that contains the first 10 amendments of the Constitution. The Bill of Rights is also a compromise. It was a compromise between the Anti-Federalists and the Federalists in 1791.
Because Oakville Hills Cellar v. Georgallis Holdings, LLC was appealed to the Federal Circuit, the DuPont factors were applied. The Du Pont factors originated in the United States Court of Customs and Patent Appeals’ – which in 1982 became the Federal Circuit – in the 1973 case, In re E.I. Du Pont de Nemours & Co. In Du Pont, TTAB affirmed the mark’s refusal of registration since “public interest cannot be ignored, and when the goods of the parties are as closely related as those here involved, the sale under the identical mark…would be likely to result in confusion.” DuPont’s RALLY mark was used to identify an automobile wax and cleaning agent. However, Horizon Industries Corporation used “RALLY” as a mark to identify an all-purpose detergent.
Dana Reese: A Logical Candidate for the Jefferson Award Youth needs strong, influential leaders because they are great influences on the youth, they take their time to teach us what we need to know, and the things youth may be doing also greatly impacts their life. The Jefferson Award shows someone's greatness for the community and their impact on many lives. An individual worth noticing is Dana Reese, Dana has been the girl's boosters coach for 5 years. Dana has many great characteristics such as patience, Good Communication Skills, Knowledge of the Sport, a Positive Attitude, and Good Sportsmanship. One reason that Dana deserves this award is because of her encouragement and that she pushes us to do our best.
EHR also know as electronic health records Is the patient health record, recorded electronically, and is up to the present date. The EHR tracks the patents health record and treatment history. However, PM also known as practice management is a software for the staff to manage scheduling appointments , checking on patients and patients, insurance eligibility and is only available to authorized users, such as medical staff. A PM system depends on the EHR application for clinical documentation. All outpatient software vendors end up offering both EHR and PM systems because they need to be together for either of them to work properly.
The principle, Haworth requested to fix the loan agreement between LIIBV and U.S. subsidiaries. He made following requests to director of LIIBV: 1) the interest rates should be set as the prime rate of ABN bank plus 2%, the maturity date was fixed; 2) Financial ratio agreements should be omitted; 3) No limitation on the loan to subsidiaries as far as the loan was available; 4) two loan accounts would be set up for LTI; 5) the changes on the amount of the loan would be recorded on a grid promissory
Between the time the loan is made and the date of maturity, the issuer also promises to pay the bondholder a specified amount of interest at specified
I 'm agree with Mayor Bloomberg, because he is doing an audit to find out about the slowdown of the guard at the prison in Rikers, as a result there are guards who block prisoners to testify against two guards that he was allegedly beaten. This should be penalized by the union, for the reason that, is illegal to block a person to testify and beat prisoners.
Net Realizable Value (NRV) or ceiling placed at the market value of inventory is generally recognized as upper limit placed on market value. Net realizable value means / rule as a difference between the expected selling price of inventory and the addition of expected completion cost and expected future expenses which a company must pay to make that sale
Nowadays, more employers require new workers to sign “Non-Compete Agreements”, in order to prevent insiders from taking consumers’ data, business secrets or newly researched technologies to competing firms when the workers leave. A non-compete agreement is a contract between an employee and employer that confines the ability of workers to involve in business which competes with their current employer. The agreement is most often signed at the beginning of employment. It puts a limit on the employee to not work for a competitor company immediately after leaving their employment with the current company.
The Specific Relief Act 1950 (shall hereinafter be referred to as ‘SRA’) provides for instances where specific performance (shall hereinafter referred to as “SP”) may be made in section 11. To be granted, it relies heavily on the discretion of the court; “…the grant or refusal of specific performance remains a matter for the judge’s discretion. There are no binding rules, but this does not mean that there cannot be settled principles, founded upon practical considerations … which do not have to be re-examined in every case, but which the court will apply in all but exceptional circumstances.” [ Co-operative Insurance Society Ltd v Argyll Stores (Holdings) Ltd [1998] AC 1, per Lord Hoffman] SP is considered as an extraordinary remedy, awarded
Traditionally, pro forma earnings are lampooned as “earnings before the bad stuff”, which are lower than the figure according the GAAP. Companies may present to the public their earnings and results of operations on the basis of methodologies other than GAAP. And this presentation in the earnings release is often referred to as “pro forma” financial information. Many companies were thought to be using pro forma figures not only to exclude one-time charges, but also to strip put recurrent costs and other elements that they claimed concealed their “true” performance. “Pro forma” financial information can serve useful purposes.
The music industry is indubitably one of the largest entertainment industries in world. Global recorded music sales raked in a total of US $15.7 billion in 2016 (International Federation of Phonographic Industry (IFPI), 2016). The music industry “consists of the companies and individuals that make money by creating and selling live music performances, sound recordings and music videos of songs and instrumental pieces” (The Audiopedia, 2016). Over time, the dissemination of music has evolved. In the past, vinyl records and compact discs were a common way to distribute recorded music.
The mens rea is the mental element of an offence. It refers to the mental state of the accused in terms of the offence. If no mens rea is present the accused cannot be convicted with the exception of absolute or strict liability. In order for a person to be guilty of a specific crime it is expected that the defendant has the necessary mens rea.(4) ‘Intention means the conscious objective or purpose of the accused.’(1) Intention is not the same as motive or desire to achieve a particular result.
Benefit of The Tabung Haji Islamic shariah law. Shariah prohibits acceptance of specific interest or fees for loans of money that is known as riba, or usury, whether the payment is fixed or floating. Investment in businesses that provide goods or services considered contrary to Islamic principles that is pork or alcohol is also haraam. Shariah Principle in Tabung Haji Investment Al-Masyarakah
Contracts can be made very widely from a written document to a verbal promise. There are some different types of contract. Mainly, it is distinguished to five groups, i) Oral and Written contract ii) Bilateral and Unilateral contracts iii) Express and Implied contracts iv) Void and Voidable contracts v) Distance selling contracts All these contracts have different features and impacts.