Accounting Reviewers

101001 - THERE ARE __________ BASICFAR STEPS- ACCOUNTING
IN THE ACCOUNTING PROCESS (101001 - 101052)

CYCLE, WHICH INCLUDES 2 PHASES KNOWN AS __________ AND
101002 - STEPS IN THE SUMMARIZING __________. PHASE OF ACCOUNTING
INFORMATION FROM SOURCE(7 CYCLE ITEMS)
DOCUMENTS AND DETERMINES
THE IMPACT OF THE TRANSACTION
101004 - THIS IS THE PROCESS OF RECORDING ON THE FINANCIAL
THE
TRANSACTIONS IN THE APPROPRIATE
101005 - IS A CHRONOLOGICAL RECORD OF TRANSACTIONS JOURNALS.
101006ALSO - IS AKNOWN
JOURNAL ASWHERE
THE BOOK ALLOF ORIGINAL ENTRY.
TRANSACTIONS COULD BE
RECORDED.
101007 - ARE JOURNALS USED IN RECORDING LARGE NUMBERS
OF LIKE TRANSACTIONS.
101008 - USUAL EXAMPLES OF SPECIAL JOURNALS (4 ITEMS)
101009 - IS A SPECIAL JOURNAL WHERE ONLY SALES OF
101010MERCHANDISE ON ACCOUNT
- IS A SPECIAL JOURNAL WHERE AREALLRECORDED.
TYPES OF CASH
101011 - IS A SPECIAL
RECEIPTS ARE RECORDED. RECORD ALL
JOURNAL USED TO
PURCHASES ON ACCOUNT OF MERCHANDISE, EQUIPMENT,
101012 - IS A SPECIALSUPPLIES,
JOURNAL WHEREETC. ALL PAYMENTS OF
CASH FOR ANY PURPOSE ARE
101013 - TYPES OF JOURNAL ENTRIES ACCORDING TO FORM (2RECORDED.
101014 - IS A TYPE OF JOURNAL ITEMS) ENTRY WHICH CONTAINS A
101015 - IS A TYPE
SINGLE DEBITOF JOURNAL
AND A SINGLEENTRY WHICH
CREDIT HAS TWO OR
ELEMENT.
MORE 101016
ELEMENTS IN EITHER OR BOTH DEBIT
- ARE THE STORAGE UNITS OF ACCOUNTING AND CREDIT SIDES
AND OFTEN REPRESENTS TWO OR MORE
INFORMATION AND USED TO SUMMARIZE CHANGES IN ASSETS, TRANSACTIONS.
CALLED PERMANENT
LIABILITIES AND EQUITY ACCOUNTS.
INCLUDING THESE ACCOUNTS
INCOME ARE NOT
AND EXPENSES.
101018
CLOSED AND - ARE THE INCOME
CARRYOVER STATEMENT
TO THE OR TEMPORARY
NEXT ACCOUNTING PERIOD.
CAPITAL
101019 - WHILE STILL UNADJUSTED, REPRESENTS ATHE
ACCOUNTS. THESE ACCOUNTS ARE CLOSED AT
END OF
COMBINATION THE ACCOUNTING ANDPERIOD. (EX.ACCOUNTS.
SALES AND(EX. EXPENSES)
101020 -OF IS REAL
THE GENERAL NOMINAL
LEDGER ACCOUNT THAT PREPAID
EXPENSES)
SUMMARIZES THE DETAILED INFORMATION IN A SUBSIDIARY
101021 - IS AN ACCOUNT THAT HOLDS TEMPORARILY CERTAIN
LEDGER.
INFORMATION PENDING
101022 - HAS A COUNTERPART IN ANOTHER FOR DISPOSITION.
BOOK WITH IN THE
JOURNAL TO THE APPROPRIATE ACCOUNTS IN THEENTITY.
ENTITY OR IN ANOTHER LEDGER OR ANOTHER GENERAL
LEDGER AND SUBSIDIARY LEDGER. THIS
101024 - INCLUDES ALL THE ACCOUNTS APPEARING ON THE PROCESS CLASSIFIES
101025 - AFFORDS FINANCIAL
ADDITIONALSTATEMENTS.
DETAIL IN SUPPORT OF
CERTAIN GENERAL LEDGER
101026 - A LIST OF GENERAL LEDGER ACCOUNTS ACCOUNTS. WITH THEIR
RESPECTIVE DEBIT OR CREDIT
ACCOUNTING CYCLE TO UPDATE CERTAIN REVENUE AND BALANCE.
EXPENSE ACCOUNTS AND TO MAKE SURE YOU COMPLY WITH
101028 - CHARACTERISTICS OF ADJUSTING ENTRIES (3 ITEMS)
101029 - TYPICAL ADJUSTING ENTRY CLASSIFICATIONS (5
101030 - ARE EXPENSE ITEMS ITEMS)
ALREADY PAID FOR BUT NOT YET
INCURRED.
101031 - METHODS OF INITIALLY RECORDING PREPAYMENTS (2
101032 - PRO-FORMA ADJUSTING ITEMS)ENTRIES FOR PREPAYMENTS
WHEN
101033 - PRO-FORMA ADJUSTINGUSED
THE ASSET METHOD WAS IN INTIALLY
ENTRIES RECORDING
FOR PREPAYMENTS
THE TRANSACTION
WHEN THE EXPENSE METHOD WAS USED IN INTIALLY
101034 - ARE INCOME RECORDINGITEMS THE ALREADY COLLECTED IN CASH
TRANSACTION
BUT NOT YET EARNED.
101035 - METHODS OF INITIALLY RECORDING DEFERRALS (2
101036 - PRO-FORMA ADJUSTING ITEMS) ENTRY FOR DEFERRALS
WHEN LIABILITY METHOD
101037 - PRO-FORMA ADJUSTING WAS USEDENTRY
IN INITIALLY RECORDING
FOR DEFERRALS
WHEN THE INCOME THEMETHOD
TRANSACTIONWAS USED IN INITIALLY
101038 - OCCUR IN TRANSACTIONS
RECORDING WHERE EXPENSE HAS
THE TRANSACTION
ALREADY BEEN INCURRED BUT
101039 - PRO-FORMA ADJUSTING ENTRY NOT YET PAID
FORFOR IN CASH.
ACCRUED
101040 - OCCUR IN TRANSACTIONS EXPENSESWHERE INCOME HAS BEEN
ALREADY EARNED BUT NOT YET COLLECTED IN CASH.
101041 - PRO-FORMA ADJUSTING ENTRY FOR ACCRUED INCOME
101042 - ARE ADJUSTING ENTRIES THAT DO NOT INVOLVE CASH
101043 - COMMON EXAMPLES FLOWS.
OF ESTIMATES THAT REQUIRE
101044 - IS THE ADJUSTING
ESTIMATEDENTRIES
AMOUNT(2 OFITEMS)
BAD DEBT THAT WILL
ARISE FROM ACCOUNTS RECEIVABLE THAT HAVE BEEN ISSUED
101045 - IS THE SYSTEMATIC
BUT NOT YET ALLOCATION
COLLECTED.OF THE COST OF A
101046 - IS AN ADJUSTMENT
FIXED ASSET OVER USED
ITS TO SET UP
USEFUL THE YEAR-END
LIFE.
COUNT OF THE INVENTORY. THIS ONLY APPLIES
101047 - IS THE MOST IMPORTANT PART OF THE SUMMARIZING IF THE
PERIODIC INVENTORY SYSTEM IS USED.
PHASE. THIS IS WHERE THE PROCESSED INFORMATION IS
101048 COMMUNICATED TO USERS. (5 ITEMS)
CLOSING ALL- BASIC FINANCIAL
NOMINAL STATEMENTS
OR TEMPORARY ACCOUNTS TO THE
INCOME SUMMARY ACCOUNT AND THE RESULTING
101050 - ARE MADE AT THE BEGINNING OF THE NET
NEWINCOME
OR LOSS IS AFTERWARDS CLOSED TO THE
ACCOUNTING PERIOD TO REVERSE CERTAIN ADJUSTINGCAPITAL OR
101051
ENTRIES- ADJUSTING
FROM THEENTRIES
PRECEDINGTHAT MAY BE REVERSED
ACCOUNTING PERIOD.(4
ITEMS)
101052 - OPTIONAL STEPS IN THE ACCOUNTING CYCLE (2
ITEMS)
NTING PROCESS (101001 - 101052)
10; RECORDING; SUMMARIZING
5. ADJUSTING ENTRIES
6. ADJUSTED TRIAL BALANCE
ANALYZING THE TRANSACTION
JOURNALIZING
JOURNAL
GENERAL JOURNAL
SPECIAL JOURNALS
2. CASH RECEIPTS JOURNAL
3. PURCHASES JOURNAL
SALES JOURNAL
CASH RECEIPTS JOURNAL
PURCHASES JOURNAL
CASH DISBURSEMENTS JOURNAL
1. SIMPLE JOURNAL ENTRY
2. COMPOUND JOURNAL ENTRY
SIMPLE JOURNAL ENTRY
COMPOUND JOURNAL ENTRY
ACCOUNTS
REAL ACCOUNTS
NOMINAL ACCOUNTS
MIXED ACCOUNT
CONTROL ACCOUNT
SUSPENSE ACCOUNT
RECIPROCAL ACCOUNT
POSTING
GENERAL LEDGER
SUBSIDIARY LEDGER
TRIAL BALANCE
MORE THAN ADJUSTING ENTRIES PERIOD;
ONE ACCOUNTING
2. INCLUDE AT LEAST 1 NOMINAL ACCOUNT AND 1 REAL
3. ACCRUED EXPENSES
ACCOUNT; AND
4. ACCRUED INCOME
PREPAYMENTS
1. ASSET METHOD (DR. PREPAID EXPENSE; CR. CASH)
2. EXPENSE METHOD (DR. EXPENSE; CR. CASH)
DR. EXPENSE - "EXPIRED PORTION"; CR. PREPAID EXPENSE
DR. PREPAID EXPENSE - "REMAINING PORTION"; CR. EXPENSE
DEFERRALS (DEFERRED INCOME)
1. LIABILITY METHOD (DR. CASH; CR. UNEARNED INCOME)
2. INCOME METHOD (DR. CASH; CR. INCOME)
DR. UNEARNED INCOME; CR. INCOME - "EXPIRED PORTION"
DR. INCOME; CR. UNEARNED INCOME - "REMAINING PORTION"
ACCRUED EXPENSE
DR. EXPENSE; CR. PAYABLE
ACCRUED INCOME
DR. RECEIVABLE; CR. INCOME
ESTIMATES
1. PROVISION FOR DOUBTFUL ACCOUNTS
2. DEPRECIATION
PROVISION FOR DOUBTFUL ACCOUNTS
DEPRECIATION
ENDING INVENTORY
PREPARING THE FINANCIAL STATEMENTS.
INCOME
3. STATEMENT OF CHANGES IN EQUITY
CLOSING ENTRIES
REVERSING ENTRIES
2. DEFERRALS WHEN INCOME METHOD IS USED
1.3.ALL
ACCRUED EXPENSE
TRIAL BALANCES
2. REVERSING ENTRIES
FAR - CONCEPTUAL FRAMEWORK (102001 - 101068)
PREPARERS TO DEVELOP CONSISTENT ACCOUNTING
POLICIES
102002 FOR AREAS
- EXPLAIN: THAT ARE NOT
“THE FRAMEWORK IS COVERED BY A
NOT A STANDARD
PROVIDE THE FINANCIAL INFORMATION
OF ITSELF.” ABOUT THE
REPORTING ENTITY THAT IS USEFUL TO EXISTING AND
REFLECTED
POTENTIAL: IN INVESTORS,
THE REPORTS IN THE PERIODS
LENDERS, AND OTHER WHEN
THE EFFECTS OF TRANSACTIONS OCCUR,
102005 - MISSION OF THE IASB IN DEVELOPING REGARDLESS
102006 - TYPES OF QUALITATIVE
ACCOUNTING STANDARDS CHARACTERISTICS
(3 ITEMS) OF
FINANCIAL INFORMATION UNDER THE
102007 - ARE QUALITATIVE CHARACTERISTICS OF CONCEPTUAL
FINANCIAL INFORMATION FRAMEWORK THAT (2ARE
ITEMS)
FOCUSED ON THE
FINANCIAL INFORMATION
CONTENT OR SUBSTANCE OF FINANCIAL THAT ARE FOCUSED ON THE
INFORMATION.
PRESENTATION OR FORM OF REPORT
102009 - FUNDAMENTAL QUALITATIVE CHARACTERISTICS OF FINANCIAL
102010 - IS OFTHEFINANCIAL INFORMATION
CAPABILITY OF FINANCIAL (2 ITEMS)
INFORMATION
TO MAKE A DIFFERENCE IN THE USERS' DECISIONS.
102011 - ELEMENTS OF RELEVANCE (2 ITEMS)
102012 - HELPS USERS IN PREDICTING OR ANTICIPATING
102013 - ENABLES FUTURE
USERS OUTCOMES.
TO CHECK AND CONFIRM
THRESHOLD
EARLIER PREDICTIONSMISSING
ABOVE WHICH OR INCORRECT
OR EVALUATIONS.
INFORMATION IN FINANCIAL STATEMENTS IS
SHOULD BE ACCOUNTED
CONSIDERED FOR IN ON
TO HAVE AN IMPACT A MANNER THAT
THE DECISION
REPRESENT THEIR TRUE ECONOMIC
102016 - COMPONENTS OF FAITHFUL REPRESENTATION SUBSTANCE
102017 - DEALS WITH WHETHER (3 ITEMS)ALL TRANSACTIONS AND
ACCOUNTS THAT SHOULD BE IN THE FINANCIAL
102018 - MEANS THAT INFORMATION
STATEMENTS CONTAINED IN THE
ARE INCLUDED.
INACCURACIES
FINANCIAL STATEMENTSIN THE DESCRIPTION
MUST BE FREE FROMOF THEBIAS.
PHENOMENON AND NO ERRORS MADE IN THE PROCESS
102020BY - ENHANCING QUALITATIVE
WHICH THE FINANCIAL CHARACTERISTICS
INFORMATION WAS OF
102021FINANCIAL
- MEANS THAT INFORMATION
INFORMATION SHOULD BE
(4 ITEMS)
COMPARABLE BETWEEN DIFFERENT ENTITIES OR TIME
102022 PERIODS.
102023 - IS A- TYPE
TYPES OFOF COMPARABILITY
COMPARABILITY (2 ITEMS)
WHICH REFERS
TO THE
102024 COMPARISON
- IS WITHIN AN ENTITY
A TYPE OF COMPARABILITY FROM
WHICH ONE
REFERS
TO THE COMPARISON PERIOD TO
BETWEEN THE NEXT.
TWO OR MORE
102025 - MEANS THAT INDEPENDENT ANDENTITIES
KNOWLEDGEABLE IN THE SAME INDUSTRY.
OBSERVERS SHOULD BE ABLE TO
102026
102027 -VERIFY
TYPES
- MEANS
THEVERIFICATION
OF
THAT
INFORMATION. ITEMS)
INFORMATION (2 SHOULD BE
AVAILABLE IN TIME TO INFLUENCE THE DECISIONS OF
102028 - MEANS THAT INFORMATION SHALL BE
USERS.
CONCEPTUAL FRAMEWORKCLEARLY
CLASSIFIED, PRESENTED AND CONSISELY.
WHICH ASSERTS THAT THE
BENEFIT
102030 - IS THE SPAN OF TIME COVERED BY A SETTHAN
OF THE INFORMATION MUST BE GREATER OF
FINANCIAL STATEMENTS.
AN ACCOUNTING PRINCIPLE WHICH STATES THAT THE
THAT
LIFE OFBUSINESS
A BUSINESS TRANSACTIONS
CAN BE DIVIDED OR INTO
EVENTS CANTIME
EQUAL BE
MEASURED AND EXPRESSED IN TERMS
102033 - IS AN ASSUMPTION THAT AN ENTITY WILL OF MONETARY
UNITS ANDTO
CONTINUE THAT THE MONETARY
OPERATE FOR THE UNITS ARE STABLE
FORESEEABLE AND
FUTURE
SPECIFIC ENTITY IS ASSUMED
(USUALLY 12 MONTHS AFTER THE REPORTING DATE).TO BE CLEARLY
ATTRIBUTED
102035 - IS AN TOENTITY
THE ENTITY,
WHO ANDMUSTDOES NOT INCLUDE
OR CHOOSES TO
PREPARE FINANCIAL STATEMENTS.
102036 - TYPES OF REPORTING ENTITIES (3 ITEMS)
102037 - TYPES OF FINANCIAL STATEMENTS ACCORDING
102038TO -THEIS ATYPE
TYPEOF OFREPORTING
FINANCIAL STATEMENT CREATED
ENTITY (3 ITEMS)
WHEN A PARENT AND SUBSIDIARIES REPORT AS A SINGLE
102039 - IS A TYPE OF FINANCIAL ENTITY. STATEMENT CREATED
WHEN A PARENT
WHEN THE REPORTING ENTITYALONE PROVIDES THE REPORT.
COMPRISES TWO OR
MORE ENTITIES NOT LINKED BY PARENT-SUBSIDIARY
102041 - BASIC ELEMENTS OF FINANCIAL STATEMENTS (5
102042 - IS A PRESENT ECONOMIC RESOURCE
ITEMS)
CONTROLLED BY THE ENTITY
102043 - IS A PRESENT OBLIGATION AS AOF RESULT OF PAST
THE ENTITY TO
EVENTS.
TRANSFER AN ECONOMIC RESOURCE AS A RESULT OF
102044 - IS THE RESIDUAL INTEREST IN THE ASSETS OF
PAST EVENTS.
THE ENTITY AFTER DEDUCTING
DECREASES IN LIABILITIES RESULTING ALL ITS LIABILITIES. IN
IN INCREASES
EQUITY OTHER
INCREASES THAN CONTRIBUTIONS
IN LIABILITIES RESULTING INFROM EQUITYIN
DECREASES
EQUITYSHEET
BALANCE OTHER ANTHAN
ITEMDISTRIBUTIONS
THAT MEETS THE TODEFINITION
EQUITY
OF AN ELEMENT AND SATISFIES THE REQUIRED
102048 - CRITERIA FOR RECOGNITION (2 ITEMS)
FROM THE STATEMENT OF FINANCIAL POSITION AND
102050 - INVOLVES
NORMALLY IT HAPPENS THE ASSIGNMENT
WHEN THE ITEM OF NO
MONETARY
LONGER
AMOUNTS AT WHICH THE ELEMENTS OF FINANCIAL
102051 - BASIC
STATEMENTS ARE TO MEASUREMENT
BE RECOGNIZED BASES IN THE
OR REPORTED.
102052 - IS A MEASUREMENT
CONCEPTUAL FRAMEWORK BASED ON THE
(2 ITEMS)
TRANSACTION PRICE AT THE TIME OF RECOGNITION OF
102053 - IS ATHE MEASUREMENT
ELEMENT (ANBASIS ENTRY THAT IS UPDATED TO
PRICE).
REFLECT THE CONDITIONS AT THE
102054 - TYPES OF CURRENT VALUE MEASUREMENTMEASUREMENT DATE.
SELL AN ASSET OR PAID BASES TO(4 ITEMS) A LIABILITY IN AN
TRANSFER
102056 - IS THE PRESENT
ORDERLY TRANSACTION BETWEENVALUE OF THE MARKET
CASH FLOWS
EXPECTED TO BE DERIVED FROM THE USE AND
102057 - IS THE
ULTIMATE COST OF
DISPOSAL OFREPLACING
AN ASSET (AN AN ASSET AT THIS
EXIT PRICE).
102058 - IS THETIMEPRESENT
(AN ENTRY VALUE
PRICE)OF THE CASH
EXPECTED102059TO-BE TRANSFERRED
IS THE PROCESS OF FOR THE PAYMENT OF
IDENTIFYING
A LIABILITY.
TRANSACTIONS TO BE RECORDED AS REVENUE IN AN
102060 ACCOUNTING PERIOD.
102061- -METHODS
REQUIRESOF RECOGNIZING
THAT REVENUES REVENUE (3 ITEMS)
AND ANY RELATED
EXPENSES BE RECOGNIZED TOGETHER IN THE SAME
102062 - ACCEPTABLE BASES FOR
REPORTING THE RECOGNITION OF
PERIOD.
102063 - REQUIREMENTS
EXPENSE (3 ITEMS) FOR EFFECTIVE
COMMUNICATION OF INFORMATION IN THE FINANCIAL
102064 - CONCEPTS OF CAPITAL
STATEMENTS IN THE CONCEPTUAL
(3 ITEMS)
FRAMEWORK (2 ITEMS)
102065 - IS A CONCEPT OF CAPITAL SYNONYMOUS WITH
102066THE- IS NET
A CONCEPT
ASSETSOF ORCAPITAL
EQUITY THAT OF THE REFERS
ENTITY.TO THE
PRODUCTIVE CAPACITY OF THE ENTITY BASED ON, FOR
END OF THE PERIODUNITS
EXAMPLE, IS GREATER
OF OUTPUT THANPER THEDAY.
AMOUNT OF
NET ASSETS IN THE BEGINNING
PHYSICAL PRODUCTIVE CAPACITY INCREASES DURINGAFTER EXCLUDING
THE PERIOD AFTER EXCLUDING THE MOVEMENTS WITH
UAL FRAMEWORK (102001 - 101068)
CONCEPTUAL FRAMEWORK
FRAMEWORK, MAS DAPAT SUNDIN ANG STANDARDS.
GAGAMITIN LANG ANG CONCEPTUAL FRAMEWORK
GENERAL PURPOSE FINANCIAL REPORTS
ACCRUAL TO
1. CONTRIBUTE ACCOUNTING
TRANSPARENCY
2. STRENGTHEN ACCOUNTABILITY
1. FUNDAMENTAL
3. CONTRIBUTE QUALITATIVE
TO ECONOMIC CHARACTERISTICS
EFFICIENCY
2. ENHANCING QUALITATIVE CHARACTICS
FUNDAMENTAL QUALITATIVE CHARACTERISTICS
ENHANCING QUALITATIVE CHARACTERISTICS
1. RELEVANCE
2. FAITHFUL REPRESENTATION
RELEVANCE
1. PREDICTIVE VALUE
2. CONFIRMATORY VALUE
PREDICTIVE VALUE
CONFIRMATORY VALUE
MATERIALITY
FAITHFUL REPRESENTATION
1. COMPLETENESS
2. NEUTRALITY
3. FREE FROM ERROR
COMPLETENESS
NEUTRALITY
FREE FROM ERROR
2. VERIFIABILITY
3. TIMELINESS
COMPARABILITY
1. HORIZONTAL COMPARABILITY
2. DIMENSIONAL COMPARABILITY
HORIZONTAL COMPARABILITY
DIMENSIONAL COMPARABILITY
1. DIRECT VERIFICATION VERIFIABILITY
- E.G., COUNTING CASH ITEMS
2. INDIRECT VERIFICATION - E.G., COMPUTING
INVENTORY USING FIFO
TIMELINESS
UNDERSTANDABILITY
COST-BENEFIT CONSTRAINT
REPORTING PERIOD
TIME PERIOD ASSUMPTION
MONETARY UNIT ASSUMPTION
GOING CONCERN
ECONOMIC ENTITY ASSUMPTION
REPORTING ENTITY
2. PORTION OF AN ENTITY (E.G., DIVISION)
3. MORE THAN ONE 1. CONSOLIDATED
ENTITIES (E.G., PARENT AND
2. UNCONSOLIDATED
CONSOLIDATED 3. COMBINED
FINANCIAL STATEMENT
UNCONSOLIDATED FINANCIAL STATEMENT
COMBINED FINANCIAL STATEMENT
2. LIABILITY
3. EQUITY
4. ASSET
INCOME
LIABILITY
EQUITY
INCOME
EXPENSES
BENEFIT ASSOCIATEDRECOGNITION
WITH THE ITEM WILL FLOW TO OR
FROM THE ENTITY; AND
2. THE ITEM'S COSTDERECOGNITION
OR VALUE CAN BE MEASURED WITH
MEASUREMENT
1. HISTORICAL COST
2. CURRENT VALUE
HISTORICAL COST
CURRENT VALUE
2. VALUE IN USE
3. CURRENT COST
FAIR VALUE
VALUE IN USE
CURRENT COST
FULFILLMENT VALUE
REVENUE
1. RECOGNITION
AT THE POINT OF SALE
2. DURING PRODUCTION
3. AT MATCHING
THE END OF PRODUCTION
PRINCIPLE
(DEPRECIATION)
2.
2. CAUSE AND EFFECT
AGGREGATE ASSOCIATION
INFORMATION, (COST
BUT DO OF SALE)
NOT PROVIDE
UNNECESSARY DETAIL.
1. FINANCIAL CAPITAL
2. PHYSICAL CAPITAL
FINANCIAL CAPITAL
PHYSICAL CAPITAL
FINANCIAL CAPITAL MAINTENANCE
PHYSICAL CAPITAL MAINTENANCE
FAR - CASH & CASH EQUIVALENTS (103001 - STILL UNFINISHED)
BUSINESS TRANSACTIONS. IT REFERS TO THE
CURRENCY
MONEY AND AND ANY COINS
OTHERWHICHNEGOTIABLEARE IN INSTRUMENT
CIRCULATIONTHAT AND
ISSPECIFIC
PAYABLEAMOUNT IN MONEY OFAND ACCEPTABLE
MONEY FROM THE BYPERSON'S
THE BANK
ACCOUNT TO THE PERSON IN WHOSE
103004 - IS A CHECK DRAWN BY A BANK ON ITS NAME THEOWNSAME
USED FOR MAKING FUNDS IN ANOTHER
PAYMENTS. BANK.
IT IS PREPAID, SO IT IS
103006
ONLY - IS A CHECK
ISSUED AFTER AWRITTEN
BUYER PAYS BY THE FORDRAWER
THE SAME(PAYOR)
WITH
FOR A DATE IN THE FUTURE. IT MAY ONLY BE CASHED OR
103007
DEPOSITED - CASH ONITEMS INCLUDED
OR AFTER THE DATEIN THE ACCOUNTING
WRITTEN ON IT.
BOOKS (3 ITEMS)
103008 - INCLUDES UNDEPOSITED CASH COLLECTIONS
103009 AND- OTHER
INCLUDESCASHDEMAND
ITEMS DEPOSIT
AWAITINGOR CHECKING
DEPOSIT.
ACCOUNT AND SAVING DEPOSIT WHICH ARE
103010 UNRESTRICTED
- CASH OR NONCASH:AS TO WITHDRAWAL.
PETTY CASH FUND
103011 - CASH OR NONCASH: DIVIDEND FUND
103012 - CASH OR NONCASH: BOND SINKING FUND
103013 - CASH OR NONCASH: PAYROLL FUND
103014 - CASH OR NONCASH: REVOLVING FUND
103015 - CASH OR NONCASH: TAX FUND
103016 - CASH OR NONCASH: FUND HELD FOR FUTURE
PLANT EXPANSION
103017 - CASH OR NONCASH: INTEREST FUND
103018 - CASH OR NONCASH: PREFERENCE SHARE
INVESTMENTS THAT ARE READILY
REDEMPTION FUNDCONVERTIBLE INTO
CASH AND SO NEAR THEIR MATURITY THAT THEY
103020 - CRITERIA
PRESENT FOR ANRISK
INSIGNIFICANT ITEMOF TOCHANGES
QUALIFY AS CASH
IN VALUE
103021 - __________ CANNOT QUALIFY AS CASH
EQUIVALENT
EQUIVALENTS
103022 - _________ BECAUSE _________REDEMPTION
WITH SPECIFIED DO NOT HAVE A
DATE
MATURITY
AND ACQUIRED THREE MONTHS BEFORE REDEMPTIONDATE.
103023DATE - CLASSIFICATIONS
CAN QUALIFY AS OFCASHINVESTMENT OF EXCESS
EQUIVALENTS.
CASH (3 ITEMS)
BUT WITHIN ONE YEAR, SUCH INVESTMENTS ARE
103025 CLASSIFIED
- IF THE TERMAS __________
IS MORE THAN AND ONE
PRESENTED
YEAR, SUCH
103026 - IF LONG-TERM INVESTMENTS
INVESTMENTS ARE CLASSIFIED AS __________. BECOME DUE
WITHIN ONE YEAR FROM THE END OF THE REPORTING
PERIOD, THEY ARE RECLASSIFIED
103027 - MEASUREMENT OF CASH AS (IN _________.
GENERAL)
103028 - MEASUREMENT OF CASH IN FOREIGN
103029 - MEASUREMENT OF CASH HELD BY A BANK OR
CURRENCY
FINANCIAL INSTITUTION UNDER BANKRUPTCY OR
SUBJECT TO FOREIGN FINANCIAL EXCHANGE
DIFFICULTY RESTRICTION, IF
MATERIAL, SHOULD BE CLASSIFIED
103031 - CLASSIFICATION OF CASH FUND RELATED SEPARATELY AMONG
TO A
103032 - CLASSIFICATION LIABILITY
OF CASH FUND SET ASIDE FOR
103033 - OCCURS
THE WHENOF
ACQUISITION THE CASH IN A BANK
A NONCURRENT ACCOUNT
ASSET
HAS A CREDIT BALANCE RESULTING FROM THE
ISSUANCE OF CHECKS IN EXCESS
103034 - CLASSIFICATION OF BANKOF DEPOSITS.
OVERDRAFT
CHECKING OR DEMAND DEPOSIT ACCOUNT BALANCE
THAT -MUST
103036 BE MAINTAINED
CLASSIFICATION IN CONNECTIONBALANCE
OF COMPENSATING WITH A
103037 - IS A CHECK (2 THAT IS MERELY DRAWN AND
ITEMS)
RECORDED BUT NOT GIVEN TO THE PAYEE BEFORE THE
103038 - ADJUSTMENT REQUIRED FOR
END OF REPORTING UNDELIVERED OR
PERIOD.
103039 - IS A CHECK DRAWN, RECORDED
UNRELEASED CHECKS AND ALREADY
GIVEN TO THE PAYEE BUT IT BEARS A DATE SUBSEQUENT
103040 TO - ADJUSTMENT
THE END OF REQUIRED
REPORTING FOR POSTDATED
PERIOD.
CHECKS DELIVERED
103041 - IS A CHECK NOT ENCASHED BY THE PAYEE
103042
WITHIN- IN ABANKING PRACTICE,
RELATIVELY A CHECK
LONG PERIOD OFBECOMES
TIME.
STALE IF NOT ENCASHED WITHIN __________ FROM THE
103043 - ADJUSTMENT TIMEREQUIRED
OF ISSUANCE. FOR ISSUED CHECKS
103044 - PRO FORMA THAT BECAME
JOURNALSTALE ENTRIES FOR CASH
SHORTAGE (3 ITEMS)
103045 - PRO FORMA JOURNAL ENTRIES FOR CASH
REQUIRES THAT OVERAGE
ALL CASH (3RECEIPTS
ITEMS) SHOULD BE
DEPOSITED
103047 - METHODS INTACT
OF AND ALL CASH
HANDLING THEDISBURSEMENTS
PETTY CASH FUND
103048 - PRO FORMA JOURNAL (2 ITEMS) ENTRIES FOR HANDLING
THE PETTY
103049 CASH UNDER
- PRO FORMA JOURNAL IMPREST
ENTRIES FUNDFORSYSTEM (6
HANDLING
THE PETTYOR CASH ITEMS)
FUND UNDER THE FLUCTUATING FUND
ACCOUNT COMMERCIAL DEPOSIT WHERE DEPOSITS
ARE COVERED SYSTEM
BY INITIAL
DEPOSIT (5 ITEMS)
SLIPS AND
PASSBOOK UPON DEPOSIT. THEWHERE
PASSBOOK FUNDSIS
ARE WITHDRAWABLE
REQUIRED ON DEMAND
WHEN MAKING BY DRAWING
DEPOSITS ANDCHECKS
AGREEMENT CALLED CERTIFICATE OF DEPOSIT. IT IS
WITHDRAWALS.
INTEREST BEARING THIS
AND TYPE
MAY BE OF PRETERMINATED
BANK DEPOSIT IS
103053 - JOURNAL ENTRY USED TO RECORD OR
WITHDRAWN
COLLECTION ON DEMAND
OF ENTRYOR AFTER
CASH INUSED A CERTAINTHE
THE BOOKS PERIOD
103054 - JOURNAL BY THE OFBANK TO
RECORD REPORTING
COLLECTION OF CASH ENTITY
BY THE REPORTING
103055 - JOURNAL ENTRY USED TO RECORD
ENTITY AND
DISBURSEMENTS SUBSEQUENT DEPOSIT TO THE OFBANK
103056 - JOURNALOF CASHUSED
ENTRY IN THE BYBOOKS
THE BANK THE
TO
RECORD WITHDRAWALSREPORTINGOF ENTITY
CASH BY THE REPORTING
103057 - IS A STATEMENT WHICH BRINGS INTO
AGREEMENT THE CASHDATA ENTITY PER BOOK AND CASH
BALANCE
DEPOSITOR SHOWING ABOUT THE TRANSACTIONS
OF103059
THE REPORTING BALANCE
ENTITY PER
WITH BANK.
THE BANK DURING THE
- ARE THE CHECKS (ATTACHED TO THE BANK
PERIOD AND THE BEGINNING AND ENDING
STATEMENT UPON RECEIPT) ISSUED BY THE DEPOSITOR BALANCES OF
AND PAID
103060 BY THE
- BOOK BANK DURING
RECONCILING THE(3MONTH.
ITEMS ITEMS)
103061 - BANK RECONCILING ITEMS (3 ITEMS)
DEPOSITS CREDITED BY THE BANK TO THE ACCOUNT OF
THE DEPOSITOR BUT NOT YET RECORDED BY THE
PAID103063
BY BANK - EXAMPLES
WHICH ARE OFCHARGED
CREDIT MEMOS (3 ITEMS)
OR DEBITED BY THE
BANK TO THE ACCOUNT OF THE DEPOSITOR BUT NOT
YET RECORDED
103065 - EXAMPLESBYOF THE DEPOSITOR
DEBIT MEMOSAS CASH
(3 ITEMS)
103066 - ARE CHECKS DEPOSITED BUT NOT RETURNED
103067
BY THE - ARE
BANKCOLLECTIONS
BECAUSE OF ALREADY RECORDED
INSUFFICIENCY BY THE
OF FUND.
DEPOSITOR AS CASH RECEIPTS BUT
103068 - ARE CHECKS ALREADY RECORDED BY THE NOT YET
DEPOSITORREFLECTED
AS CASHONDISBURSEMENTS
THE BANK STATEMENT.
BUT NOT YET
103069 - IS A CHECK WHERE THE BANK HAS STAMPED ON
REFLECTED ON THE BANK STATEMENT.
ITS FACE THE WORD "ACCEPTED" OR "CERTIFIED"
103070 -INDICATING
ACCOUNTING TREATMENT
SUFFICIENCY FOR
OF CERTIFIED
FUND.
CHECKS
103071 - FORMS OF BANK RECONCILIATION (3 ITEMS)
THE BOOK BALANCE AND THE BANK BALANCE ARE
BROUGHT
THE BOOKTO A CURRENT
BALANCE CASH BALANCE
IS RECONCILED WITHTHAT
THE MUST
BANK
BALANCE
THE OR THE BOOK
BANK BALANCE BALANCE ISWITH
IS RECONCILED ADJUSTED TO
THE BOOK
103075
BALANCE - FORMULA
OR THE TO
BANK COMPUTE
BALANCEFOR
IS THE ADJUSTED
ADJUSTED TO
BOOK- BALANCE
103076 FORMULAUNDER THE ADJUSTED
TO COMPUTE FOR THEBALANCE
ADJUSTED
METHOD OF BANK RECONCILIATION
BANK BALANCE UNDER THE ADJUSTED BALANCE
103077 - METHOD
FORMULAOF USEDBANKUNDER THE BOOK TO BANK
RECONCILIATION
103078 - FORMULA USED UNDER THE BANK TO BOOK
TO CONTINUE CASH AND CASH EQUIVALENTS
QUIVALENTS (103001 - STILL UNFINISHED)
MONEY
CASH
CHECK (IF PAYABLE TO THE REPORTING ENTITY,
BANKGENERALLY
DRAFT (IFINCLUDED
PAYABLE TO IN THE
THE BOOKS AS CASH)
REPORTING ENTITY,
INCLUDED IN THE BOOKS AS CASH)
MONEY ORDER (IF PAYABLE TO THE REPORTING ENTITY,
POSTDATEDINCLUDED
CHECKIN (IFTHE BOOKS
PAYABLE TOAS CASH)
THE REPORTING
1. CASH ON
ENTITY, NOT INCLUDED HAND
IN THE BOOKS AS CASH)
2. CASH IN BANK
3. CASH FUND SETCASH ASIDEON FOR CURRENT PURPOSES
HAND
CASH IN BANK
CASH
CASH
BECOME DUE WITHIN 12 MONTHS AFTER THE END OF
THE REPORTING PERIOD FUND BECOMES CURRENT
CASH
CASH
CASH
NONCASH (NONCURRENT ASSET - ALWAYS)
CASH
NONCASH (NONCURRENT ASSET - ALWAYS)
ONLY HIGHLY LIQUID CASH EQUIVALENTS
INVESTMENTS THAT ARE ACQUIRED
THREE MONTHS BEFORE MATURITY CAN QUALIFY AS
CASH
EQUITY EQUIVALENTS.
SECURITIES; SHARES
PREFERENCE SHARES
2. SHORT-TERM FINANCIAL ASSETS OR TEMPORARY
SHORT-TERM INVESTMENTS (CURRENT)
FINANCIAL ASSETS OR TEMPORARY
INVESTMENTS; CURRENT ASSETS
NONCURRENT OR LONG-TERM INVESTMENTS
CURRENT OR TEMPORARY INVESTMENTS.
FACE VALUE
CURRENT EXCHANGE RATE
ESTIMATED REALIZABLE VALUE
NONCURRENT ASSETS
CLASSIFICATION SHOULD BE PARALLEL WITH SUCH
SUCH FUND SHOULD RELATED LIABILITY. AS NONCURRENT
BE CLASSIFIED
REGARDLESS OF THE YEAR OF DISBURSEMENT.
XPN1: IF THERE ARE OVERDRAFT
OTHER ACCOUNTS IN THE SAME
BANK AS THE ACCOUNT WITH THE CREDIT BALANCE,
OFFSETTING WITH SUCH OTHER
COMPENSATING ACCOUNTS IS
BALANCE
2. IF LEGALLY RESTRICTED (FORMAL) - CURRENT OR
NONCURRENT DEPENDING ON THE TERM OF THE
ENTRY MADE UPON ISSUANCE OF SAID CHECK SHOULD
BE REVERSED BECAUSE IN ESSENCE, NO PAYMENT HAS
POSTDATED CHECK DELIVERED
ENTRY MADE UPON ISSUANCE OF SAID CHECK SHOULD
BE REVERSED BECAUSE IN ESSENCE, NO PAYMENT HAS
STALE CHECK OR CHECK LONG OUTSTANDING
6 MONTHS
ACCOUNTS PAYABLE OR APPROPRIATE ACCOUNT
2.RESPONSIBLE
IF THE AMOUNT FOR THE CASH SHORTAGE
IS IMMATERIAL - DR. CASH (DR. DUE
IN BANK;
FROM CASHIER; CR. CASH SHORT OR OVER)
3.SHORT OR OVER;EFFORTS
IF REASONABLE CR. MISCELLANEOUS INCOME)
FAIL TO DISCLOSE THE
3. IF THE CASH OVERAGE IS PROPERLY FOUND TO BE
IMPREST SYSTEM
1. IMPREST FUND SYSTEM
2. FLUCTUATING
EXPENSES; FUNDIN
CR. CASH SYSTEM
BANK)
4. 3.
ADJUSTING ENTRY IF NO REPLENISHMENT
REPLENISHMENT OR INCREASE OF THE FUND IS MADE
(DR.AT
PETTY CASH FUND; CR. CASH IN BANK)
DEMAND DEPOSIT
SAVINGS DEPOSIT
TIME DEPOSIT
DR. CASH OR CASH IN BANK; CR. ACCOUNTS
RECEIVABLE OR ANY OTHER APPROPRIATE ACCOUNT
DR. CASH; CR. BANK ACCOUNT OF REPORTING ENTITY
DR. EXPENSES OR ANY OTHER APPROPRIATE ACCOUNT;
DR. BANK ACCOUNT CR. CASH OR CASH INENTITY;
OF REPORTING BANK CR. CASH IN
BANK
BANK RECONCILIATION
BANK STATEMENT
CANCELLED CHECKS
1. CREDIT MEMOS
2. DEBIT MEMOS
1. DEPOSITS IN TRANSIT
3. ERRORSCHECKS
2. OUTSTANDING
3. ERRORS
CREDIT MEMOS
THE DEPOSITOR
2. PROCEEDS OF BANK LOAN
3. MATURED TIME DEPOSITS DEBIT MEMOS TRANSFERRED BY THE
2. TECHNICALLY DEFECTIVE CHECKS
NSF (NO SUFFICIENT3. BANK FUND)
SERVICE ORCHARGES
DAIF (DRAWN AGAINST
INSUFFICIENT FUND) CHECKS
DEPOSITS IN TRANSIT
OUTSTANDING CHECKS
CERTIFIED CHECKS
TOTAL OUTSTANDING CHECKS (IF INCLUDED THEREIN)
BECAUSE THEY 1. ADJUSTED
ARE NOBALANCE METHOD
LONGER OUTSTANDING FOR
2. BANK TO BOOK METHOD
3. BOOK TO
ADJUSTED BANK METHOD
BALANCE METHOD
BOOK TO BANK METHOD
BANK TO BOOK METHOD
BOOK BALANCE + CREDIT MEMOS - DEBIT MEMOS ±
BANK BALANCE
EFFECT + DEPOSITS
OF ERRORS IN TRANSIT
= ADJUSTED - OUTSTANDING
BOOK BALANCE
CHECKS ± EFFECT OF ERRORS
BOOK BALANCE + CREDIT MEMOS + OUTSTANDING = ADJUSTED BANK
CHECKS - DEBIT BALANCE
MEMOS IN - DEPOSITS
BANK BALANCE + DEPOSITS TRANSIT +INDEBIT
TRANSIT ±
MEMOS -
EFFECT OF ERRORS = BANK
OUTSTANDING CHECKS - CREDIT MEMOS ± EFFECT OF BALANCE
E CASH AND CASH EQUIVALENTS ERRORS = BOOK BALANCE
AFAR - PARTNERSHIP FORMATION (202001 - 202017)
202001 - METHOD OF DIVISION OF PARTNERSHIP PROFITS AND
202002 - IS THE RATIO IN WHICH LOSSESPARTNERSHIP PROFITS AND
202003 - POSSIBLE LOSSES
METHODS AREOFDIVIDED
DIVIDING NET INCOME OR
LOSS AMONG PARTNERS
202004 - FORMULA FOR SIMPLE AVERAGE (6 ITEMS)
CAPITAL BALANCE OF
A PARTNER
202005 - FORMULA FOR WEIGHTED AVERAGE CAPITAL
202006 - IS A SCHEDULE USED TO COMPUTE THE DISTRIBUTION
BALANCE
OF NET INCOME OR LOSS TO THE PARTNERS ACCORDING TO
202007 - IS AN INSTRUMENT OF DISTRIBUTING PROFITS TO
THEIR AGREEMENT.
202008
PARTNERS- IS AN INSTRUMENT
USED TO ENCOURAGE OF DISTRIBUTING PROFITS TO
CAPITAL INVESTMENTS.
PARTNERS FOR THE SERVICES THEY RENDER
202009 - IS AN INSTRUMENT OF DISTRIBUTING PROFITS FOR THETO
PARTNERSHIP.
MANAGING PARTNERS EQUAL TO A SPECIFIED PERCENTAGE OF
202010 - FORMS OF BONUS THAT MAY BE ALLOWED TO
INCOME.
202011 - FORMULA FOR BONUS AS A(4PERCENTAGE
MANAGING PARTNERS ITEMS) OF NET
INCOME
202012 - FORMULA FOR BONUS AS A PERCENTAGE OF NET
202013 - FORMULA INCOME AFTER AS
FOR BONUS SALARIES
A PERCENTAGE OF NET
INCOME AFTER INTEREST
202014 - FORMULA FOR BONUS AS A PERCENTAGE OF NET
OF PROFITS USINGINCOME
INTEREST,AFTER BONUS
SALARY OR BONUS SHALL BE
MADE IF THE VALUE OF REMAINING
202016 - PROCEDURE TO BE MADE IF THERE NET INCOME
IS AGOES BELOW
CHANGE IN
202017THE PROFIT AND
- PROCEDURE TOLOSS RATIO
BE MADE TOOF THE PARTNERS
CORRECT PARTNERSHIP
NET INCOME OR LOSS OF PRIOR PERIOD
RSHIP FORMATION (202001 - 202017)
1. METHOD AS STIPULATED BY THE PARTNERS
2. IN PROPORTION TO THE ORIGINAL CAPITAL CONTRIBUTION
PROFIT AND LOSS RATIODATE
PARTICULAR (OR P/L RATIO)
4. RATIO OF THE PARTNERS' AVERAGE CAPITAL ACCOUNT
SIMPLE AVERAGE CAPITALDURING
BALANCES BALANCE = (BEGINNING
THE YEAR CAPITAL
WEIGHTED AVERAGE
BALANCE CAPITAL
+ ENDING BALANCE
CAPITAL = SUMMATION
BALANCE) /2 OF
(CAPITAL BALANCE AT EACH DATE OF PARTNER INVESTMENT
PROFIT DISTRIBUTION
OR WITHDRAWAL SCHEDULE
* FRACTION OFORTHEPROFIT DISTRIBUTION
YEAR UNCHANGED)
TABLE
INTEREST
SALARY
2. BONUS AS PERCENTAGE OF BONUS
NET INCOME AFTER SALARIES
3. BONUS AS PERCENTAGE OF NET INCOME AFTER INTEREST
4. BONUS BONUS
AS PERCENTAGE OF NET
= BONUS RATE INCOME
* (NET AFTER BONUS
INCOME)
BONUS = BONUS RATE * (NET INCOME - SALARIES)
BONUS = BONUS RATE * (NET INCOME - INTEREST)
BONUS = BONUS RATE * (NET INCOME - BONUS)
UP TO THE EXTENT OF RANKING ONLY
2. RECORD ANY UNRECORDED ASSETS OR LIABILITIES, IF ANY.
3. THESE SHOULD BE MADE TO THE PARTNERS' CAPITAL
OCCURRED.
3. COMPUTE THE DIFFERENCE BETWEEN THE SHARE IN THE
AFAR - PARTNERSHIP FORMATION (201001 - 201020)
PERSONS BIND THEMSELVES TO CONTRIBUTE MONEY,
PROPERTY
201002 OR INDUSTRY TO
- CHARACTERISTICS OFAACOMMON FUNDAS
PARTNERSHIP WITH THEOF
A FORM
REFERS TOBUSINESS
THE FACT ORGANIZATION (6 ITEMS)
THAT A PARTNERSHIP MAY ACQUIRE
PROPERTY IN ITS OWN NAME AND MAY
REFERS TO THE FACT THAT THE FORMATION OF ENTER INTO
A
201005 - IS DOES
PARTNERSHIP A CHARACTERISTIC
NOT REQUIRE OFAS PARTNERSHIPS
MANY FORMALITUES WHICHAS A
REFERS TO THE FACT THAT EACH PARTNER HAS A PROPRIETARY
OF THE
INTEREST INPARTNERS
THE ASSETS TERMINATES THE
AND PROFITS OFPARTNERSHIP. A
THE PARTNERSHIP.
TO THE FACT THAT
PARTNERSHIP MAYEACH
ALSOPARTNER HASTO
EXPIRE DUE ANCHANGES
EQUAL RIGHT TO
IN THE
ACT FOR THE PARTNERSHIP AND TO ENTER INTO
201008 - IS A CHARACTERISTIC OF PARTNERSHIPS WHICH CONTRACTS
BINDING
REFERSUPONTO THEIT, FACT
AS LONG
THATASEACH
HE ACTS WITHIN
PARTNER THE
MAY BENORMAL
HELD
PERSONALLY LIABLE FOR ALL THE DEBTS OF THE
201009 - PARTNER'S LEDGER ACCOUNTS (3 ITEMS) PARTNERSHIP.
201010 - TRANSACTIONS WHERE A PARTNER'S CAPITAL
201011 - ACCOUNT IS CREDITED
TRANSACTIONS WHEREFOR (3 ITEMS) CAPITAL
A PARTNER'S
ACCOUNT IS DEBITED
201012 - TRANSACTIONS WHEREFOR (3 ITEMS) DRAWING
A PARTNER'S
ACCOUNT IS CREDITED
201013 - TRANSACTIONS WHEREFOR (3 ITEMS)DRAWING
A PARTNER'S
ACCOUNT IS DEBITED FOR
201014 - RULE ON THE VALUATION OF ASSETS (3 ITEMS)
CONTRIBUTED BY
PARTNERS
201015 - RULE ON THE ASSUMPTION OF S PARTNER'S PERSONAL
LIABILITY BY THE PARTNERSHIP
201016 - FORMULA FOR CONTRIBUTED CAPITAL
201017 - IS THE AMOUNT OF CAPITAL OF EACH PARTNER AFTER
201018 - RULE ON THE AMOUNT FORMATION.
OF INITIAL CAPITAL CREDIT TO
BE RECEIVED BY
ASSETS. THIS METHOD DOES NOT RECOGNIZEA PARTNERANY ADDITIONAL
201020 - NOR
GOODWILL IS ANREVALUE
INTANGIBLE ANYASSET
OF THERECORDED
CONTRIBUTED ONLYASSETS
AS A
RESULT OF AN ACQUISITION MADE BY A REPORTING ENTITY
(BUSINESS COMBINATION).
RSHIP FORMATION (201001 - 201020)
PARTNERSHIP
3. CO-OWNERSHIP OF PARTNERSHIP PROPERTY AND PROFITS
4. LIMITED LIFE
SEPARATE LEGAL PERSONALITY
EASE OF FORMATION
CO-OWNERSHIP OF PARTNERSHIP PROPERTY AND PROFITS
LIMITED LIFE
MUTUAL AGENCY
UNLIMITED LIABILITY
1. CAPITAL ACCOUNTS
2. DRAWING OR PERSONAL ACCOUNTS
3. ACCOUNTS 2. ADDITIONAL
FOR LOANS TO INVESTMENT
OR FROM PARTNERS
2.PARTNER'S
3. DEBIT BALANCESHAREOF OFTHE
THEDRAWING
PROFITS ACCOUNT AT THE
(AFTER BEING END OF
CLOSED TO
THE PERIOD
2. PARTNER'S
3. PERSONAL FUNDSSHARE OR CLAIMS
IN THE OF PARTNER
LOSSES COLLECTED
(AFTER BEING CLOSED AND
TO
RETAINED BY THE PARTNERSHIP
2. PARTNER'S PERSONAL INDEBTEDNESS PAID OR ASSUMED BY
THE PARTNERSHIP
1. AGREED VALUE
ASSUME SUCH LIABILITY. ASSUMPTION MUSTVALUE
2. FAIR MARKET VALUE/APPRAISAL BE EXPRESSLY
STATED IN THE PROBLEM BEFORE SUCH LIABILITY
CONTRIBUTED ASSETS - LIABILITIES ASSUMED BY THE IS
PARTNERSHIP = CONTRIBUTED CAPITAL
INITIAL
IN ORDER CAPITAL CREDIT
OF PRIORITY:
1. AGREED CAPITAL (USING THE RATIO AGREED UPON)
2. CONTRIBUTED
BONUS METHOD CAPITAL
GOODWILL
MAS - OVERVIEW OF MANAGEMENT ACCOUNTING (301001 - 301057)
ASSIST MANAGEMENT IN ESTABLISHING PLANS FOR
REASONABLE
301002 - MANAGEMENTECONOMIC ACCOUNTING
OBJECTIVES AND IN THE
TASKS, MAKING (3
IN GENERAL OF
301003 - ENABLES BOTH INTERNAL ITEMS) AND EXTERNAL PARTIES TO
EVALUATE
301004 ORGANIZATIONAL
- HELP MANAGERS FOCUS PERFORMANCE
ON OPERATING ANDPROBLEMS,
POSITION.
301005 OPPORTUNITIES
- REFERS TO THEAS QUANTIFICATION OF THE RELATIVE
WELL AS INEFFICIENCIES.
MERITS OF POSSIBLE COURSES OF ACTION AS WELL AS
301006RECOMMENDATIONS
- ADMINISTRATIVE FUNCTIONS AS TO THE BES WHERE MANAGEMENT
PROCEDURE.
301007 - INVOLVES
ACCOUNTING INFORMATIONSETTING AREOFUSUALLY
GOALS FOR USED THE(3FIRM,
ITEMS)
EVALUATING VARIOUS WAYS TO MEET THE GOALS AND PICKING
OUT 301008
WHAT- INVOLVES
APPEARS TO THEBEEVALUATION
THE BEST WAY OF TO
WHETHER
MEET THE ACTUAL
GOALS.
301009 - INVOLVES
PERFORMANCE DETERMINATION
CONFORMS OF PREDICTIVE
WITH PLANNED GOALS.
INFORMATION (E.G., RELEVANT COSTS) FOR MAKING
301010 - IS A FORMAL IMPORTANT STATEMENT
BUSINESS OFDECISIONS.
ESTIMATED INCOME AND
301011
EXPENSES - REFER TO THE
BASED REPORTS
ON FUTURE USEDAND
PLANS TO EVALUATE
OBJECTIVES. THE
PERFORMANCE OF MANAGERS AND THE
301012 - FA OR MA: ITS OBJECTIVE IS TO PROVIDE DATA FOROPERATIONS THEY
BOTH INTERNAL (MANAGEMENT) CONTROL. AND EXTERNAL USERS (E.G.,
301013 -CREDITORS,
FA OR MA: ITS OBJECTIVE
OWNERS, IS TO PROVIDE
GOVERNMENT, DATA FOR
ETC.).
INTERNAL USERS WITHIN THE BUSINESS
301014 - FA OR MA: FINANCIAL DATA SHOULD BE RECORDED ORGANIZATION.
301015AND - FAPRESENTED
OR MA: REPORTS NEED NOT BE
IN ACCORDANCE WITHPRESENTED
IFRS. IN
CONFORMITY WITH IFRS TO BE ABLE TO PRESENT MORE
301016 - FA ORUSEFUL MA: THIS PRIMARILY
DATA INVOLVES SUMMARIES OF
TO MANAGEMENT.
PAST FINANCIAL TRANSACTIONS.
301017 - FA OR MA: THIS HAS A STONG FUTURE ORIENTATION.
301018 - FA OR MA: ALL-PURPOSE REPORTS WITH HISTORICAL
301019
DATA ARE - FA PREPARED
OR MA: SPECIALFOR USEREPORTS CONTAINING
OF DIFFERENT BOTH
PARTIES.
HISTORICAL AND PROJECTED DATA ARE PREPARED TO MEET
SUBMITTED LATE AND SHOW
THE NEEDS SUMMARIES
OF SPECIFIC USERS.OF FINANCIAL
CONSEQUENCES OF ACTUAL AND PAST
301021 - FA OR MA: TIMELINESS IS OFTEN MORE IMPORTANT ACTIVITIES WHERE
301022 - FA OR THANMA:PRECISION TO MANAGERS.
THIS IS PRIMARILY CONCERNED WITH
301023 -REPORTING
FA OR MA: THIS FOCUSES
FOR THE REPORTING
COMPANY ON THE PARTS
AS A WHOLE.
301024 - FA OR MA: THIS IS REQUIRED BY LAW ASTERRITORIES,
OR SEGMENTS (I.E., PRODUCT LINES, DIVISIONS, EXEMPLIFIED
BY THE REPORT DEPARTMENTS)
REQUIREMENTS OF OF
THE COMPANY.
THE BIR, SEC AND OTHER
301025 - FA OR MA: THIS IS NOTENTITIES.
GOVERNMENTAL MANDATORY (I.E, NOT
REQUIRED BY LAW).
RECORDING AND REPORTING MEASUREMENTS OF THE COST OF
ORDERS TO SUBORDINATES.
MANUFACTURING GOODS AND MANAGERS
PERFORMING WITHSERVICES
THIS AUTHORITY
IN THE
(E.G., SALES, PRODUCTION) ARE DIRECTLY
ORDERS TO SUBORDINATES. MANAGERS WITH THIS AUTHORITY RESPONSIBLE FOR
ATTAINING THE OBJECTIVES OF THE
(E.G., SALES, PRODUCTION) ARE DIRECTLY RESPONSIBLE FORBUSINESS FIR, AS
301029 - IS THE
ATTAINING EXECUTIVE
THE OBJECTIVES RESPONSIBLE FOR OVERSEEING
OF THE BUSINESS FIR, AS
INCLUDES PROVIDINGOPERATIONS
THE FINANCIAL FINANCIAL INFORMATION FOR REPORTS
OF AN ORGANIZATION.
301031TO MANAGERS
- IS AN AREA ANDOFREPORTS TO SHAREHOLDERS
RESPONSIBILITY OF THE CFOAND WHICH
OVERSEEING
INCLUDES BANKINGOVERALL
AND OPERATIONS
SHORT- AND OF THE
LONG-TERM ACCOUNTING
FINANCING,
301032 - IS AN AREA OF RESPONSIBILITY OF THE CFO WHICH
INCLUDES INVESTMENTS
MANAGING THEAND MANAGEMENT
FINANCIAL RISKOF OFINTEREST-RATE
OF CASH.
301033 - IS AN AREA OF RESPONSIBILITY THE CFO WHICH
AND EXCHANGE-RATE
INCLUDES INCOME TAXES, AND DERIVATIVES ANDMANAGEMENT.
INCLUDES REVIEWING ANDSALES TAXESFINANCIAL
ANALYZING INTERNATIONAL
AND OTHER
RECORDS TO TAX
ATTEST PLANNING.
TO THE INTEGRITY OF THE
301035 - IS THE FINANCIAL EXECUTIVE PRIMARILY
ORGANIZATION'S
RESPONSIBLE FINANCIAL
FOR MANAGEMENT REPORTS AND
ACCOUNTING TO ADHERENCE
AND FINANCIAL TO
301036 - IS CONCERNED WITH THE ACQUISITION, FINANCING
AND MANAGEMENT OFACCOUNTING. ASSETS OF A BUSINESS CONCERN TO
301037 - ETHICAL
MAXIMIZE THE VALUES
WEALTHMANAGEMENT
OF THE FIRMSACCOUNTANTS
FOR ITS OWNERS. MUST
POSSESS (4 ITEMS)
301038 - IS THE PHILOSOPHY THAT ACTIVITIES ARE
301039UNDERTAKEN
- IS A TECHNIQUE ONLYINAS WHICH
NEEDED MANAGEMENT
OR DEMANDED. DEVELOPS
POLICIES AND PRACTICES TO ENSURE THAT THE FIRM'S
ADVANTAGE
PRODUCTS AND INSERVICES
WHICH A EXCEED
FIRM REORGANIZES
CUSTOMERS'ITS OPERATING
EXPECTATIONS.
AND MANAGEMENT FUNCTIONS, OFTEN WITH THE RESULT
DIAGRAMMED IN DETAIL, QUESTIONED AND THEN REDESIGNED
IN ORDER
301042 - ISTOANYELIMINATE
SERIES OFUNECESSARY
STEPS THAT STEPS, TO REDUCE
ARE FOLLOWED IN
ORDER
OTHER TO CARRY
FIRMS OUT SOME
(OR OTHER UNITS TASK IN A A
WITHIN BUSINESS.
FIRM) FOR
MARKETING
ACHIEVINGAND THESE PRODUCTION PROCESSES
CRITICAL SUCCESS ARE DESIGNED
FACTORS, AND THENTO
HANDLE THE INCREASED VARIETY THAT RESULTS FROM
FIRM'S CRITICALCUSTOMIZED
DELIVERING SUCCESS IN FOUR AREASAND
PRODUCTS NAMELY, FINANCIAL
SERVICES TO
301046 - IS USED
PERFORMANCE, TO DEVELOP
CUSTOMER A DETAILED
SATISFACTION, DESCRIPTION
INTERNAL OF
BUSINESS
THE301047
SPECIFIC - IS USED TO IMPROVE THE ACCURACY OF COST OF
ACTIVITIES PERFORMED IN THE OPERATION
ANALYSIS THETRACING
FIRM. OF COSTS TO PRODUCTS
301048 -BY IMPROVINGTHE
EMPHASIZES THE IMPORTANCE OF MANAGING THE
ORGANIZATION'S OR TO INDIVIDUAL CUSTOMERS.
301049 - IS A MANAGEMENT TECHNIQUE TOTHAT
CONSTRAINTS OR BARRIERS HINDER
IDENTIFY ANDOR
IMPEDE
MONITOR THE PROGRESS
COSTS OF ATOWARD
PRODUCT ANTHROUGHOUT
OBJECTIVE. ITS
301050 - INVOLVES THE DETERMINATION OF THE DESIRED
COST FOR A PRODUCT OR LIFECYCLE. THE BASIS OF A GIVEN COMPETITIVE
PRICE SO THAT THE
301051 PRODUCT
- FORMULA WILL
FOREARNE
TARGETINACOST
DESIRED PROFIT.
301052 - IS THE USE OF COMPUTERS PRODUCT
DEVELOPMENT, ANALYSIS AND DESIGN MODIFICATION TO
301053
IMPROVE - ISTHE
THEQUALITY
USE OF COMPUTERS
AND PERFORMANCETO PLAN,OFIMPLEMENT AND
THE PRODUCT.
301054 - IS THECONTROLTECHNOLOGY BY WHICH A PROCESS OR
PRODUCTION.
PROCEDURE IS PERFORMED WITH MINIMAL HUMAN
301055 - IS THE ACTIVITY OF BUYING OR SELLING PRODUCTS
ASSISTANCE.
301056 ON - REFERS
ONLINE TOSERVICES
THE SEQUENCE
OR OVER OFTHE
BUSINESS FUNCTIONS
INTERNET.
IN WHICH USEFULNESS IS ADDED TO THE PRODUCTS OR
301057 - BUSINESSSERVICES FUNCTIONS OF A MAKING
COMPANY.UP THE VALUE CHAIN
(6 ITEMS)
NAGEMENT ACCOUNTING (301001 - 301057)
MANAGEMENT ACCOUNTING
1. SCOREKEEPING
2. INTERPRETING AND REPORTING INFORMATION
3. PROBLEM-SOLVING
SCOREKEEPING
INTERPRETING AND REPORTING INFORMATION
PROBLEM-SOLVING
1. PLANNING
2. CONTROLLING
3. DECISION MAKING
PLANNING
CONTROLLING
DECISION MAKING
BUDGET
PERFORMANCE REPORTS
FINANCIAL ACCOUNTING
COST ACCOUNTING
LINE AUTHORITY
STAFF AUTHORITY
CHIEF FINANCIAL OFFICER (CFO) OR FINANCE DIRECTOR
CONTROLLERSHIP
TREASURY
RISK MANAGEMENT
TAXATION
INTERNAL AUDIT
CONTROLLER OR CHIEF ACCOUNTING OFFICERS
TREASURERSHIP
2. CONFIDENTIALITY
3. INTEGRITY
JUST-IN-TIME (JIT) OR PULL-IT-THROUGH APPROACH
TOTAL QUALITY MANAGEMENT (TQM)
REENGINEERING
PROCESS REENGINEERING
BUSINESS PROCESS
BENCHMARKING
MASS CUSTOMIZATION
BALANCED SCORECARD
ACTIVITY ANALYSIS
ACTIVITY-BASED COSTING (ABC)
THEORY OF CONSTRAINTS
LIFE-CYCLE COSTING
TARGET COSTING
TARGET COST = MARKET DETERMINED PRICE - DESIRED PROFIT
COMPUTER-AIDED DESIGN (CAD)
COMPUTER-AIDED MANUFACTURING (CAM)
AUTOMATION
E-COMMERCE
VALUE CHAIN
3. MANUFACTURING
4. MARKETING
MAS - CAREFUL
302001 - INVOLVES OVERVIEW OF MANAGEMENT
SELECTION OF DATA FROM ACCOUNTING (302001 - STILL UNFINISHED)
FINANCIAL
ABOUT THEIRSTATEMENTS
INVESTMENTFOR INCOMETHE PRIMARY
AS WELL AS PURPOSE
ABOUTOF THE
FORECASTING THE FINANCIAL HEALTH
COMPANY'S OVERALL PROFITABILITY, STABILITY AND SOUND OF THE COMPANY.
STATEMENTS
CAPITAL STRUCTURE INDICATE STABLEFOR
NECESSARY EARNINGS AND DIVIDENDS
CONTINUED SUCCESSFUL
302001 - ARE USERS
WITH LIMITED OF FINANCIAL
OR MODERATE GROWTHSTATEMENTS
(OTHERSWHO ARE
OREFER
INTERESTED
CONCERNED ABOUT THE LONG-TERM SECURITY OF THEIR TO
IN A FIRM'S SHORT-RUN LIQUIDITY, ITS ABILITY
INTEREST PAY CURRENT
INCOME ANDOBLIGATIONS
THEFINANCIAL
COMPANY'S AS THEY MATURE.
ABILITY TO ANALYSIS
MAINTAIN
302001 - IS A METHOD OF STATEMENTS
WHERE SUCCESSFUL
FINANCIAL EARNINGS
STATEMENT AND CASH FLOWS
AMOUNTS FOR TO MEET
TWO OR MORE
302001 - FAVORABLE OR UNFAVORABLE: PERCENTAGE
YEARS ARE
INCREASE PLACED SIDE
IN TOTAL CURRENT BY SIDE IN ADJACENT
ASSETS IS LOWER COLUMNS.
THAN
302001 - FAVORABLE OR UNFAVORABLE: PERCENTAGE
PERCENTAGE
INCREASE INCREASE IN TOTAL CURRENT LIABILITIES.
302001 - FAVORABLE OR UNFAVORABLE: PERCENTAGEIS
IN ACCOUNTS RECEIVABLE AND INVENTORY
HIGHER
INCREASE THAN PERCENTAGE INCREASE
IS LESSIN SALES REVENUE.
302001IN TOTAL
- FAVORABLE LIABILITIES
OR UNFAVORABLE: THAN PERCENTAGE
PERCENTAGE
INCREASE INCREASE IN SHAREHOLDERS' EQUITY.
302001 -IN SALES REVENUES
FAVORABLE IS LESS THAN
OR UNFAVORABLE: PERCENTAGE
PERCENTAGE
INCREASE IN COST OF GOODS
INCREASE IN SALES IS HIGHER THAN PERCENTAGE INCREASE IN SOLD.
302001 - ARE
SELLING INDEXAND NUMBERS SHOWING EXPENSES.
ADMINISTRATIVE RELATIVE CHANGES
IN FINANCIAL DATA RESULTING
302001 - FAVORABLE OR UNFAVORABLE: INCREASE WITH THE PASSAGE INOF TIME.
CURRENT
302001
ASSETS - FAVORABLEBY
ACCOMPANIED ORDECREASE
UNFAVORABLE: SALES REVENUE
IN CURRENT LIABILITIES.
INCREASES AT A FASTER RATE THAN ACCOUNTS RECEIVABLE
302001 - FAVORABLE OR UNFAVORABLE:
AND INVENTORY. RELATIVELY SMALLER
ANALYSIS THAT TRANSLATES PESO RECEIVABLES.
AMOUNT OF TRADE AMOUNTS TO PERCENTAGES
302001
WHICH- INDICATE
IS A COMPARISON
THE RELATIVEIN FRACTION,
SIZE OFPROPORTION,
AN ITEM IN
DECIMAL OR PERCENTAGE FORM OF TWO SIGNIFICANT FIGURES
SOLVENCY TO TAKENMEET CURRENT
FROM FINANCIAL OBLIGATIONS
STATEMENTS.FROM CURRENT
ASSETS AS A GOING CONCERN; MEASURE OF ADEQUACY OF
302001
302001 - FINANCIAL
- FINANCIAL RATIO
RATIO (FORMULA): CURRENT
(SIGNIFICANCE): A MORERATIO
SEVERE
TEST OF IMMEDIATE INSOLVENCY; TEST OF ABILITY TO MEET
302001 - FINANCIALDEMANDS RATIO
FROM (FORMULA): ACID-TEST RATIO OR
CURRENT ASSETS.
QUICK RATIO
302001
302001 - COMPONENTS
- FINANCIAL RATIO OF(SIGNIFICANCE):
QUICK ASSETS (3 ITEMS)
INDICATES
RELATIVE LIQUIDITY OF TOTAL ASSETS AND DISTRIBUTION OF
302001 FORMULA RESOURCES
302001 -- FINANCIAL USED
RATIO
EMPLOYED.
TO(SIGNIFICANCE):
COMPUTE FOR WORKING
MEASURESCAPITAL
SHORT-
TERM LIQUIDITY BY CONSIDENRING CASH RESOURCES AS
302001 - FINANCIAL RATIO (FORMULA): CASH FLOW LIQUIDITY
NUMERATOR.
302001 - FINANCIAL RATIORATIO (SIGNIFICANCE): MEASURES THE
LENGTH OF TIME IN DAYS THE FIRM CAN OPERATE ON ITS
302001 - FINANCIAL RATIOLIQUID
PRESENT (FORMULA): DEFENSIVE INTERVAL
RESOURCES.
302001 - FINANCIAL RATIO (SIGNIFICANCE): VELOCITY OF
RATIO
COLLECTION OF TRADE ACCOUNTS AND NOTES; TEST OF
302001 - FINANCIAL RATIO (FORMULA):
EFFICIENCY OF COLLECTION. TRADE RECEIVABLE
302001 - FINANCIAL RATIO (SIGNIFICANCE): EVALUATES THE
TURNOVER
LIQUIDITY OF ACCOUNTS
302001 - FINANCIAL RECEIVABLE
RATIO AND THE
(SIGNIFICANCE): FIRM'S CREDIT
MEASURES THE
POLICIES.
EFFICIENCY OF THE FIRM IN MANAGING AND SELLING
302001 - FINANCIAL RATIO (FORMULA): MERCHANDISE OR
INVENTORIES.
FINISHED GOODS INVENTORY TURNOVER
302001 - FORMULA FOR AVERAGE INVENTORY
302001 - FINANCIAL RATIO (FORMULA): GOODS IN PROCESS
302001 - FINANCIAL RATIOTURNOVER (SIGNIFICANCE): NUMBER OF TIMES
RAW MATERIALS INVENTORY WAS USED AND REPLENISHED
302001 - FINANCIAL RATIOTHE
DURING (FORMULA):
PERIOD. RAW MATERIAL
302001 - FINANCIAL RATIO (SIGNIFICANCE):
INVENTORY TURNOVER MEASURES
AVERAGE NUMBER OF DAYS TO SELL OR CONSUME THE
302001 - FINANCIAL RATIO INVENTORY
AVERAGE (FORMULA): DAYS' SUPPLY IN
INVENTORY
302001 - FINANCIAL RATIO (SIGNIFICANCE): INDICATES
ADEQUACY AND ACTIVITY OF WORKING CAPITAL.
302001 - FINANCIAL RATIO (FORMULA): WORKING CAPITAL
TURNOVER
302001 - FINANCIAL RATIO (SIGNIFICANCE): INDICATES
302001 - FINANCIAL
RELATIVE RATIO IN
INVESTMENT (SIGNIFICANCE):
EACH CURRENTMEASURES
ASSET.
MOVEMENT AND UTILIZATION OF CURRENT ASSETS TO MEET
302001 - FINANCIAL RATIOREQUIREMENTS.
OPERATING (FORMULA): CURRENT ASSETS
TURNOVER
302001 - FINANCIAL RATIO (SIGNIFICANCE): MEASURES
EFFICIENCY OF THE COMPANY IN MEETING TRADE PAYABLE.
302001
302001 -- FINANCIAL
FINANCIAL RATIO
RATIO (FORMULA): PAYABLE
(SIGNIFICANCE): TURNOVER
MEASURES THE
LENGTH OF TIME REQUIRED TO CONVERT CASH TO FINISHED
GOODS;- THEN
302001 TO RECEIVABLE
FINANCIAL AND THEN
RATIO (FORMULA): BACK TO CASH.
OPERATING CYCLE
MENT ACCOUNTING (302001 - STILL UNFINISHED)
FINANCIAL STATEMENTS ANALYSIS
CURRENT SHAREHOLDERS OR OWNERS
POTENTIAL INVESTORS
SHORT-TERM CREDITORS
LONG-TERM CREDITORS
HORIZONTAL ANALYSIS OF COMPARATIVE STATEMENTS
UNFAVORABLE(INCREASE-DECREASE METHOD) SOLVENCY
(DETERIORATION IN SHORT-TERM
UNFAVORABLE (SLOWERPOSITION)
CONVERSION OF INVENTORY AND
FAVORABLE
RECEIVABLES(SHIFT OF COMPANY'S
TO CASH; SHORT-TERMCAPITAL STRUCTURE
SOLVENCY FROM
ANALYSIS)
BORROWING TOWARD CAPITAL PROVIDED BY PROFITABLE
INCREASE IN COST
OPERATION; OF GOODS
LONG-TERM PURCHASED
FINANCIAL OR MANUFACTURED
POSITION ANALYSIS)
ORFAVORABLE (MANAGEMENT'S
IT WAS UNABLE TO CONTROLEFFICIENCY IN KEEPING
THE PRICE FACTOR OF ITS
EXPENSES WITHIN CONTROL; OPERATING EFFICIENCY AND
PROFITABILITY ANALYSIS)
TREND PERCENTAGES
FAVORABLE
FAVORABLE (INDICATES MORE EFFECTIVE CREDIT, COLLECTION
AND MERCHANDISING
FAVORABLE (REFLECTS POLICIES) OF CUSTOMER
MORE RAPID TURNOVER
ACCOUNTS AND POSSIBLY A LARGE INCREASE IN CASH SALES.)
COMMON-SIZE FINANCIAL STATEMENTS
FINANCIAL RATIO
CURRENT RATIO
CURRENT RATIO = TOTAL CURRENT ASSETS / TOTAL CURRENT
LIABILITIES
ACID-TEST RATIO OR QUICK RATIO
ACID-TEST RATIO OR QUICK RATIO = TOTAL QUICK ASSETS /
TOTAL CURRENT LIABILITIES
CASH + MARKETABLE SECURITIES + ACCOUNTS RECEIVABLE
WORKING CAPITAL TO TOTAL ASSETS
WORKING CAPITAL = CURRENT ASSETS - CURRENT LIABILITIES
CASH FLOWRATIO
CASH FLOW LIQUIDITY LIQUIDITY
= (CASHRATIO
+ MARKETABLE
SECURITIES + CASH FLOW FROM OPERATING ACTIVITIES) /
CURRENTINTERVAL
DEFENSIVE LIABILITIESRATIO
DEFENSIVE INTERVAL RATIO = QUICK ASSETS / PROJECTED
DAILY OPERATIONAL EXPENSES
TRADE RECEIVABLE
TRADE RECEIVABLE TURNOVER TURNOVER
= (NET CREDIT SALES OR NET
SALES IF NET CREDIT SALES FIGURE IS NOT AVAILABLE) /
AVERAGE COLLECTION
AVERAGE NET PERIOD OR RECEIVABLE
TRADE NUMBER OF DAYS' SALES
UNCOLLECTED
INVENTORY
MERCHANDISE OR FINISHED TURNOVER
GOODS INVENTORY TURNOVER =
COST OF GOODS SOLD / AVERAGE MERCHANDISE OR FINISHED
AVERAGE INVENTORY = (BEGINNING
GOODS INVENTORY INVENTORY + ENDING
INVENTORY) / 2
GOODS IN PROCESS TURNOVER = COST OF GOODS
MANUFACTURED / AVERAGE GOODS IN PROCESS INVENTORY
RAW MATERIALS INVENTORY TURNOVER
RAW MATERIALS INVENTORY TURNOVER = RAW MATERIALS
USED / AVERAGE RAW MATERIALS INVENTORY
DAYS' SUPPLY IN INVENTORY
DAYS' SUPPLY IN INVENTORY = 360 DAYS / INVENTORY
TURNOVER
WORKING CAPITAL TURNOVER
WORKING CAPITAL TURNOVER = NET SALES / AVERAGE
WORKING CAPITAL
PERCENT OF EACH CURRENT ASSET TO TOTAL CURRENT ASSET
CURRENT ASSETS TURNOVER
EXPENSES + INCOME TAXES + OTHER EXPENSES EXCLUDING
DEPRECIATION AND AMORTIZATION) / AVERAGE CURRENT
PAYABLE TURNOVER
PAYABLE TURNOVER = NET PURCHASES / AVERAGE ACCOUNTS
PAYABLE
OPERATING CYCLE = AVERAGE CYCLE
OPERATING CONVERSION PERIOD OF
INVENTORIES + AVERAGE COLLECTION PERIOD OF RECEIVABLE
+ DAYS CASH
401001 - IS THE POWER TAXBY - GENERAL
WHICH THE PRINCIPLES
SOVEREIGN, THROUGH OF TAXATION (401001 - STILL UNFINISHED)
ITS LAW-MAKING BODY, RAISES REVENUE TO DEFRAY THE
ASSERTS THAT THE PURPOSE
NECESSARY EXPENSESOF TAXATION IS TO RAISE FUNDS
OF GOVERNMENT.
OR
401003 - SECONDARY OR NON-REVENUE PROMOTE
PROPERTY TO ENABLE THE STATE TO PURPOSESTHE OF
401004 - IS A PURPOSE OF TAXATION
TAXATION (5 ITEMS) THAT ASSERTS THAT
TAXATION
TAXES MAYMAY BE USED AS
BE IMPOSED FORANA IMPLEMENT
REGULATORYOF POLICE AS,
PURPOSE POWER
FOR
TO PROMOTE GENERAL WELFARE OF
INSTANCE, IN THE REHABILITATION AND STABILIZATION OF A THE PEOPLE.
PROGRESSIVE SYSTEM
THREATHENED INDUSTRY OF WHICH
TAXATION PREVENTSWITH
IS AFFECTED THE UNDUE
PUBLIC
401007 - IS A PURPOSE
CONCENTRATION OF OF TAXATION
WHEALTH WHICH
IN THE ASSERTS
HANDS THAT
OF FEW
THE GRANT OF INCENTIVES OR EXEMPTIONS
PROTECTIVE TARIFFS AND CUSTOMS DUTIES ARE IMPOSED AS ENCOURAGE
INVESTMENT
TAXES IN ORDER THEREBY STIMULATING
TO PROTECT IMPORTANT ECONOMIC
SECTORS ACTIVITY.
OF THE
ECONOMY
401009 OR LOCAL INDUSTRIES, AS IN THE CASE OF FOREIGN
401010--TWO-FOLD
__________ DONATURE
NOT GIVEOFRISE
THE TOSTATE'S POWERTO
THE POWER TOTAX
TAX
401011BUT-MERELY
A NATURE IMPOSE LIMITATIONS
OF TAXATION WHICH ONASSERTS
WHAT WOULDTHAT THE
OTHERWISE BE AN INVINCIBLE
POWER OF TAXATION CAN ONLY BE EXERCISED THROUGH THE POWER.
401012 - ELEMENTSENACTMENT TO BE DETERMINEDOF LAW.IN THE EXERCISE OF
THE LEGISLATIVE POWER IN TAXATION (7 ITEMS)
401014 401013
- IS THE - CHARACTERISTICS
INHERENT RIGHTOF OFTAXATION
THE STATE(4TO ITEMS)
CONDEMN
401015 - IS THE POWER OF THE STATE TO PROMOTEUPON
OR TO TAKE PRIVATE PROPERTY FOR PUBLIC USE PUBLIC
WELFARE BY PAYMENT OF JUST
RESTRAINING ANDCOMPENSATION.
REGULATING THE USE OF
401016 - INHERENT
LIBERTY POWERS: EXERCISED
AND PROPERTY BY THE GOVERNMENT
WITHOUT COMPENSATION.
401017 - INHERENT OR ITS POLITICAL
POWERS: SUBDIVISION
EXERCISED BY GOVERNMENT OR
401018
PUBLIC - INHERENT POWERS: THE
SERVICE COMPANIES ANDPURPOSE IS TO RAISE
PUBLIC UTILITIES
REVENUE IN SUPPORT OF THE GOVERNMENT. REGULATION IS
401019 - INHERENT POWERS: THE PURPOSE IS PROMOTION OF
MERELY INCIDENTAL
GENERAL WELFARE
401020 - INHERENT POWERS: THE PURPOSE THROUGH REGULATIONS
IS TO FACILITATE
401021 - INHERENT POWERS: PRODUCES EFFECTSPURPOSE
THE TAKING OF PRIVATE PROPERTY FOR PUBLIC UPON THE
COMMUNITY OR CLASS OF INDIVIDUALS
401022 - INHERENT POWERS: PRODUCES EFFECTS ON AN
INDIVIDUAL
401023 - INHERENT AS THEPOWERS:
OWNER OF THEA PARTICULAR
AMOUNT OF PROPERTY
MONETARY
401024 - INHERENT
IMPOSITION POWERS:
HAS NO CEILING THE AMOUNT
EXCEPT INHERENT OF LIMITATIONS
MONETARY
IMPOSITION IS LIMITED TO THE COST OF REGULATION,
401025 - INHERENT
ISSUANCEPOWERS:
OF LICENSENO ORMONETARY IMPOSITION, THE
SURVEILLANCE
401026
OWNER- IS INHERENT
PAID THEPOWERS: THE BENEFIT
FAIR MARKET VALUE OF RECEIVED IS THE
HIS PROPERTY
PROTECTION OF A SECURED AND ORGANIZED SOCIETY (NO
401027 - INHERENT POWERS: DIRECTTHE PERSON RECEIVES THE FAIR
BENEFIT)
MARKET VALUE OF THE TAKEN
401028 - INHERENT POWERS: THE PERSON FROM HIM (DIRECT
RECEIVESBENEFIT).
THE FAIR
MARKET VALUE OF THE TAKEN FROM HIM (DIRECT BENEFIT).
401029- INHERENT
401030 - INHERENTPOWERS:POWERS:TO CONTRACTS
BE VALID, THE MAYEXERCISE
BE IMPAIREDMUST
NOT BE CONTRARY TO INHERENT AND
401031 - INHERENT POWERS: TO BE VALID, THE EXERCISE MUST CONSTITUTIONAL
COMPLY WITH THE LIMITATIONS
TESTS ONBE "LAWFUL SUBJECTS" AND
401032 - INHERENT POWERS: TO VALID, THE EXERCISE MUST
"LAWFUL MEANS"
BE FOR PUBLIC PURPOSE AND WITH PAYMENT OF JUST
401033 - THEORIES UNDERLYING COMPENSATION THE POWER OF TAXATION (4
401034 - IS A THEORY WHICH ASSERTS THAT TAXATION IS A
ITEMS)
GOVERNMENTAL NECESSITY, FOR INDEED, WITHOUT TAXATION,
THE GOVERNMENTCAN
A GOVERNMENT CANNOT
NEITHERFULFILL
EXISTITS MANDATE
NOR ENDURE. OF
PROMOTING THE GENERAL WELFARE AND
INVOLVES THE POWER OF THE STATE TO DEMAND AND RECEIVE WELL-BEING OF THE
TAXES
(OVER BASED ON THE RECIPROCAL
ITS TERRITORY) AND HAS THE DUTIES
RIGHTOF TO
SUPPORT
DEMAND AND
PAYMENT
401038OF TAXESPRINCIPLES
- BASIC (WITHIN ITS OFTERRITORY)
A SOUND TAX WITH WHICH
SYSTEM OR TO
401039 -CANONSIS A PRINCIPLE
OF SOUNDOF ATAXATION
SOUND TAX SYSTEM WHICH
(3 ITEMS)
ASSERTS THAT REVENUE RAISED MUST BE SUFFICIENT TO
ASSERTS MEET THAT THE TAX SYSTEM SHOULD
GOVERNMENT/PUBLIC BE CAPABLE OF BEING
EXPENDITURES.
EFFECTIVELY ADMINISTERED AND ENFORCED WITH THE LEAST
ASSERTS THAT, IN THE EXERCISE OF THE POWER OF TAXATION,
NOTONE MUST TAKE INTO
IN CONSONANCE WITHCONSIDERATION
THE PRINCIPLES THE
OFTAXPAYER'S
__________ AND
__________
401043 -BECAUSE
INHERENT THE CONSTITUTION
LIMITATIONS DOES
ON THE NOT EXPRESSLY
EXERCISE OF THE
POWER OF TAXATION (5 ITEMS)
WELFARE OF THE NATION AND/OR FOR THE GREATER PORTION
OF THE
401045 POPULATION
- TESTS AND IT AFFECTS
IN DETERMINING THE AREA
IF A TAX LAW IS FORAS A
PUBLIC
PUBLIC PURPOSE IFPURPOSE
THE THING(2 TO
ITEMS)
BE FURTHERED BY THE
PUBLIC PURPOSE IF THE PROCEEDS OFIS
APPROPRIATION OF PUBLIC REVENUE THESOMETHING
TAX WILL WHICH
DIRECTLYIS
THEPROMOTE
POWER OF THE WELFARE
TAXATION OF THE
WHICH COMMUNITY
ASSERTS THAT IN
THE EQUAL
POWER
TO401049
TAX IS EXCLUSIVELY VESTED IN THE LEGISLATIVE
- ASPECTS OF THE POWER TO TAX THAT ARE NON- BODY AND
401050 - ASPECTS DELEGABLE
OF THE POWER(5 ITEMS)
TO TAX THAT MAY BE
DELEGATED (3 ITEMS)
THE POWER OF TAXATION WHICH ASSERTS THAT THE TAXING
POWER OF A- COUNTRY
401052 EXCEPTIONSIS LIMITED TO PERSONS AND
TO THE TERRITORIAL PROPERTY
INHERENT
ACCORDED BY NATIONS LIMITATION OF TAXATION
TO EACH OTHER BECAUSE THEY ARE
SOVEREIGN EQUALS. THUS, THE PROPERTY OR INCOME OF A
ES OF TAXATION (401001 - STILL UNFINISHED)
TAXATION
2. REGULATION REVENUE PURPOSE
OF ACTIVITIES/INDUSTRIES
3. REDUCTION OF SOCIAL INEQUALITY
4. ENCOURAGE
PROMOTION OFECONOMIC GROWTH
GENERAL WELFARE
REGULATION OF ACTIVITIES/INDUSTRIES
REDUCTION OF SOCIAL INEQUALITY
ENCOURAGE ECONOMIC GROWTH
PROTECTIONISM
1. INHERENT ATTRIBUTE OF SEVEREIGNTY
2. LEGISLATIVE IN CHARACTER
CONSTITUTIONAL PROVISIONS
LEGISLATIVE IN CHARACTER
4. METHOD OF COLLECTION
5. APPORTIONMENT OF THE TAX
2. UNLIMITED
3. PLENARY
POWER OF EMINENT DOMAIN
POLICE POWER
TAXATION AND POLICE POWER
EMINENT DOMAIN
TAXATION
POLICE POWER
EMINENT DOMAIN
EMINENT DOMAIN
TAXATION
POLICE POWER
EMINENT DOMAIN
EMINENT DOMAIN
TAXATION
POLICE POWER AND EMINENT DOMAIN
TAXATION
POLICE POWER
EMINENT DOMAIN
2. NECESSITY THEORY
3. BENEFITS PROTECTION THEORY
LIFEBLOOD THEORY
NECESSITY THEORY
BENEFITS-PROTECTION THEORY
JURISDICTION OVER SUBJECTS
1. FISCAL ADEQUACYAND OBJECTS
2. ADMINISTRATIVE FEASIBILITY
3. THEORETICAL JUSTICE
FISCAL ADEQUACY
ADMINISTRATIVE FEASIBILITY
THEORETICAL JUSTICE
FISCAL ADEQUACY AND ADMINISTRATIVE FEASIBILITY
3. TERRITORIAL
4. INTERNATIONAL COMITY
FOR PUBLIC PURPOSE
1. DUTY TEST
2. PROMOTION OF GENERAL WELFARE TEST
DUTY TEST
PROMOTION OF GENERAL WELFARE TEST
INHERENTLY
2. DETERMINATION LEGISLATIVE
OF THE PURPOSES OF TAX
3. FIXING
TAXES, FEES AND CHARGES)OF TAX
OF THE RATE/AMOUNT
2. THOSE DELEGATED TO 4. SITUS OF TAX
THE PRESIDENT (FIXING OF TARIFF
RATES, TONNAGE AND WHARFAGETERRITORIAL DUES, AND OTHER DUTIES)
TERRITORIAL JURISDICTION
2. EXCEMPTIONS BY TREATY OBLIGATIONS OR INTERNATIONAL
COMITY - WHEREINTERNATIONAL
TAX LAWS DO NOT OPERATE WITHIN THE
COMITY
TAX - INCOME TAX OF INDIVIDUALS, ESTATES & TRUSTS (402001 - STILL UNFINISHED
402001 - CLASSIFICATION OF INDIVIDUALS (5 ITEMS)
402002 - QUALIFICATIONS FOR AN INDIVIDUAL TO BE
CONSIDERED
402003 - IS A A CITIZEN
CITIZEN OFOF THE
THE PHILIPPINES
PHILLIPINES (4 ITEMS)
RESIDING
THEREIN.
402004 - QUALIFICATIONS FOR AN INDIVIDUAL TO BE
402005 - MEANINGAOF
CONSIDERED THE PHRASE CITIZEN
NON-RESIDENT "MOST OF THE TIME"
(5 ITEMS)
WITH REGARD TO THE PHYSICAL PRESENCE ABROAD OF
NON-RESIDENT
402006 - ARE INDIVIDUALS WHOCITIZENS
ARE NOT FILIPINOS.
402007 - IS AN INDIVIDUAL WHOSE RESIDENCE IS WITHIN
THE
NATUREPHILIPPINES AND WHOAN
WOULD REQUIRE IS EXTENDED
NOT A CITIZENSTAY THEREOF.
AND TO
402009
THAT END MAKES HIS HOME TEMPORARILY INISTHE
- IS AN INDIVIDUAL WHOSE RESIDENCE NOT
WITHIN
402010THE- ISPHILIPPINES
AN INDIVIDUAL ANDWHO
WHOCOMES
IS NOTTO A CITIZEN
THE
PHILIPPINES FOR A DEFINITE THEREON. PURPOSE WHICH IN ITS
COMES TO THEMAY
NATURE PHILIPPINES
BE PROMPTLYAND STAYS THEREIN FOR AN
ACCOMPLISHED.
INCOME SPECIFIED IN THE TAX CODE, LESSDAYS
AGGREGATE PERIOD OF MORE THAN 180 DURING
DEDUCTIONS
IF ANY, AUTHORIZED FOR SUCH TYPES OF INCOME BY
402013 - INCOME TAX BASE OF RESIDENT CITIZENS
402014 - INCOME TAX BASE OF NON-RESIDENT CITIZENS
402015
402016 - INCOME
- INCOME TAXTAX BASE
BASE OFOF RESIDENT ALIENS
NON-RESIDENT ALIENS
ENGAGED IN TRADE OR BUSINESS
402017 - INCOME TAX BASE OF NON-RESIDENT ALIENS WITHIN THE
NOT ENGAGED INPHILIPPINES
TRADE OR BUSINESS IN THE
402018 - COMPUTATION OF THE TAXABLE INCOME OF
PHILIPPINES
MARRIED
EMPLOYEE IN THE PUBLIC INDIVIDUALS
SECTOR WITH
COMPENSATION INCOME
402020 - PART OF TAXABLE INCOME OR OF NOT MORE THANINCOME
EXEMPT: THE
402021 - PART OF OF MINIMUM
TAXABLE WAGE
INCOME OR EXEMPT: HOLIDAY
EARNERS
PAY, OVERTIME PAY, NIGHT SHIFT DIFFERENTIAL
402022 - TAX RATE APPLICABLE TO INDIVIDUALS EARNING PAY AND
HAZARD
PURELY PAY RECEIVED BY MINIMUM WAGE EARNERS
402023 - COMPENSATION
TAX RATE APPLICABLE INCOME TO(EXCLUDING
SELF-EMPLOYED NRA-
INDIVIDUALS AND/OR NETB)
402024 - TAX RATEPROFESSIONALS
APPLICABLE TO MIXED (EXCLUDING
INCOME NRA-
NETB) (2 ITEMS)
EARNERS WITH RESPECT TO ALL INCOME FROM
EARNERS WITH RESPECT
COMPENSATION TO ALL INCOME
(EXCLUDING NRA-NETB) FROM
BUSINESS OR PRACTICE OF PROFESSION
402026 - INDIVIDUALS WHO MAY NOT AVAIL OF THE 8% (EXCLUDING
INCOME TAX RATE OPTION (3 ITEMS)
402027 -
402028 -
402029 -
402030 -
402031 -
402032 -
402033 -
402034 -
402035 -
402036 -
402037 -
402038 -
402039 -
402040 -
402041 -
402042 -
402043 -
402044 -
402045 -
402046 -
402047 -
402048 -
402049 -
402050 -
402051 -
402052 -
402053 -
LS, ESTATES & TRUSTS (402001 - STILLALIENS
3. RESIDENT UNFINISHED)
4. THOSE
2. NON-RESIDENT ALIENS ENGAGED
WHOSE FATHERS OR MOTHERSIN TRADE OR BUSINESS
ARE CITIZENS IN
OF THE 402001 CLASSIFICATION OF INDIVIDUALS
THE PHILS.
PHILIPPINES; 402002 QUALIFICATIONS FOR AN INDIV
3. THOSE BORN BEFORE JAN. 17,CITIZEN
RESIDENT 1973 OF FILIPINO MOTHERS
402003 IS A CITIZEN OF THE PHILLIPINE
THE TIME DURING THE TAXABLE YEAR;
4. A CITIZEN WHO HAS BEEN PREVIOUSLY CONSIDERED AS NON- 402004 QUALIFICATIONS FOR AN INDIVIDU
183 DAYS IN AGGREGATE DURING THE TAXABLE YEAR 402005 MEANING OF THE PHRASE "MOST O
ALIENS 402006 ARE INDIVIDUALS WHO ARE NOT F
RESIDENT ALIEN 402007 IS AN INDIVIDUAL WHOSE RESIDE
RESIDENT ALIEN 402008 IS AN INDIVIDUAL WHO COMES TO
NON-RESIDENT ALIEN 402009 IS AN INDIVIDUAL WHOSE RESI
NON-RESIDENT ALIEN 402010 IS AN INDIVIDUAL WHO COMES
NON-RESIDENT ALIEN ENGAGED IN TRADE OR BUSINESS IN THE
PHILIPPINES 402011 IS A NON-RESIDENT ALIEN INDI
TAXABLE INCOME 402012 MEANS THE PERTINENT ITEMS
TAXABLE INCOME WITHIN AND WITHOUT (OUTSIDE) THE
PHILIPPINES 402013 INCOME TAX BASE OF RESIDENT C
TAXABLE INCOME WITHIN THE PHILIPPINES 402014 INCOME TAX BASE OF NON-RE
TAXABLE INCOME WITHIN THE PHILIPPINES 402015 INCOME TAX BASE OF RESIDEN
TO HIM OR HER + (INCOME OF MARRIED INDIVIDUALS NOT
DEFINITELY ATTRIBUTABLE TO ANY OF THE SPOUSES / 2) = 402018 COMPUTATION OF THE TAXABL
MINIMUM WAGE EARNER (MWE) 402019 REFERS TO A WORKER IN THE
EXEMPT 402020 PART OF TAXABLE INCOME OR EXE
EXEMPT 402021 PART OF TAXABLE INCOME OR EXE
GRADUATED INCOME TAX RATES 402022 TAX RATE APPLICABLE TO INDI
2. IF TOTAL GROSS SALES/RECEIPTS AND OTHER NON-
OPERATING INCOME DO NOT EXCEED THE VAT THRESHOLD, 8% 402023 TAX RATE APPLICABLE TO SELF-EM
TAX ON GROSSGRADUATED INCOME
SALES OR GROSS TAX RATES
RECEIPTS AND OTHER NON- 402024 TAX RATE APPLICABLE TO MIXE
OPERATING INCOME IN LIEU OF GRADUATED INCOME TAX 402025 TAX RATE APPLICABLE TO MIXE
UNDER TITLE V OF THE
RATES AND TAX CODE,
OTHER AS AMENDED,
PERCENTAGE EXCEPT THOSE
TAXES
SUBJECT UNDER SECTION 116 OF THE SAME TITLE; 402026 INDIVIDUALS WHO MAY NOT AV
402027
402028
402029
402030
402031
402032
402033
402034
402035
402036
402037
402038
402039
402040
402041
402042
402043
402044
402045
402046
402047
402048
402049
402050
402051
402052
402053
SSIFICATION OF INDIVIDUALS (5 ITEMS)
LIFICATIONS FOR AN INDIVIDUAL TO BE CONSIDERED A CITIZEN OF THE PHILIPPINES (4 ITEMS)
CITIZEN OF THE PHILLIPINES RESIDING THEREIN.
LIFICATIONS FOR AN INDIVIDUAL TO BE CONSIDERED A NON-RESIDENT CITIZEN (5 ITEMS)
NING OF THE PHRASE "MOST OF THE TIME" WITH REGARD TO THE PHYSICAL PRESENCE ABROAD OF NON-RESIDENT CITIZENS
INDIVIDUALS WHO ARE NOT FILIPINOS.
N INDIVIDUAL WHOSE RESIDENCE IS WITHIN THE PHILIPPINES AND WHO IS NOT A CITIZEN THEREOF.
N INDIVIDUAL WHO COMES TO THE PHILIPPINES FOR A DEFINITE PURPOSE WHICH IN ITS NATURE WOULD REQUIRE AN EXTEND
N INDIVIDUAL WHOSE RESIDENCE IS NOT WITHIN THE PHILIPPINES AND WHO IS NOT A CITIZEN THEREON.
N INDIVIDUAL WHO COMES TO THE PHILIPPINES FOR A DEFINITE PURPOSE WHICH IN ITS NATURE MAY BE PROMPT
NON-RESIDENT ALIEN INDIVIDUAL WHO COMES TO THE PHILIPPINES AND STAYS THEREIN FOR AN AGGREGATE PE
NS THE PERTINENT ITEMS OF GROSS INCOME SPECIFIED IN THE TAX CODE, LESS DEDUCTIONS IF ANY, AUTHORIZ
OME TAX BASE OF RESIDENT CITIZENS
OME TAX BASE OF NON-RESIDENT CITIZENS
OME TAX BASE OF RESIDENT ALIENS
OME TAX BASE OF NON-RESIDENT ALIENS ENGAGED IN TRADE OR BUSINESS WITHIN THE PHILIPPINES
OME TAX BASE OF NON-RESIDENT ALIENS NOT ENGAGED IN TRADE OR BUSINESS IN THE PHILIPPINES
MPUTATION OF THE TAXABLE INCOME OF MARRIED INDIVIDUALS
ERS TO A WORKER IN THE PRIVATE SECTOR PAID THE STATUTORY MINIMUM WAGE OR TO AN EMPLOYEE IN THE P
T OF TAXABLE INCOME OR EXEMPT: INCOME OF MINIMUM WAGE EARNERS
T OF TAXABLE INCOME OR EXEMPT: HOLIDAY PAY, OVERTIME PAY, NIGHT SHIFT DIFFERENTIAL PAY AND HAZARD PAY RECEIVED
RATE APPLICABLE TO INDIVIDUALS EARNING PURELY COMPENSATION INCOME (EXCLUDING NRA-NETB)
RATE APPLICABLE TO SELF-EMPLOYED INDIVIDUALS AND/OR PROFESSIONALS (EXCLUDING NRA-NETB) (2 ITEMS)
RATE APPLICABLE TO MIXED INCOME EARNERS WITH RESPECT TO ALL INCOME FROM COMPENSATION (EXCLUDIN
RATE APPLICABLE TO MIXED INCOME EARNERS WITH RESPECT TO ALL INCOME FROM BUSINESS OR PRACTICE O
VIDUALS WHO MAY NOT AVAIL OF THE 8% INCOME TAX RATE OPTION (3 ITEMS)
OF NON-RESIDENT CITIZENS
WOULD REQUIRE AN EXTENDED STAY AND TO THAT END MAKES HIS HOME TEMPORARILY IN THE PHILIPPINES, ALTHOUGH IT M
ITIZEN THEREON.
S NATURE MAY BE PROMPTLY ACCOMPLISHED.
IN FOR AN AGGREGATE PERIOD OF MORE THAN 180 DAYS DURING ANY CALENDAR YEAR.
UCTIONS IF ANY, AUTHORIZED FOR SUCH TYPES OF INCOME BY THE TAX CODE OR OTHER SPECIAL LAWS.
E PHILIPPINES
E PHILIPPINES
TO AN EMPLOYEE IN THE PUBLIC SECTOR WITH COMPENSATION INCOME OF NOT MORE THAN THE STATUTORY MIN
AND HAZARD PAY RECEIVED BY MINIMUM WAGE EARNERS

DING NRA-NETB)
NETB) (2 ITEMS)
COMPENSATION (EXCLUDING NRA-NETB)
BUSINESS OR PRACTICE OF PROFESSION (EXCLUDING NRA-NETB)
PHILIPPINES, ALTHOUGH IT MAY BE HIS INTENTION AT ALL TIME TO RETURN TO HIS DOMICILE ABROAD.
ER SPECIAL LAWS.
THAN THE STATUTORY MINIMUM WAGE IN THE NON-AGRICULTURAL SECTOR WHERE HE/OR SHE IS ASSIGNED.
E/OR SHE IS ASSIGNED.
RFBT - OBLIGATIONS (501001 - STILL UNFINISHED)
501001 - IS A JURIDICAL NECESSITY TO GIVE, TO DO OR NOT TO
501002 - MEANS THAT THE COURT DO. MAY BE ASKED TO ORDER
THE PERFORMANCE OF AN OBLIGATION IF THE DEBTOR
REFUSESOF
501003 - REQUISITES TOANPERFORM
OBLIGATIONIT. (4 ITEMS)
501004 - IS THE PARTY WHO HAS THE RIGHT TO DEMAND
501005 - ISPERFORMANCE
THE PARTY WHO OFISTHE OBLIGATION.
OBLIGED TO PERFORM THE
OBLIGATION.
501006 - IS THE SUBJECT MATTER OF THE OBLIGATION.
501007
501008- -POSSIBLE
IS THE LEGALPRESTATIONS
FACTOR WHICHOF AN OBLIGATION
BIND THE PARTIES(3 ITEMS)
TO
AN OBLIGATION. IT ALSO REFERS TO ANY OF THE FIVE SOURCES
501009 - IS BASED OFON POSITIVE LAW; HENCE IT IS
OBLIGATION.
ENFORCEABLE
501010 - IS BASED ON NATURAL BY COURTLAW; ACTION.
HENCE IT IS NOT
ENFORCEABLE BY COURT ACTION.
501011 - RULE IF THE DEBTOR VOLUNTARILY PERFORMS A
NATURAL OBLIGATION
501013501012
- A RULE - SOURCES
OF CONDUCT,OF OBLIGATION (5 ITEMS) LAID
JUST AND OBLIGATORY,
DOWN BY LEGITIMATE AUTHORITY FOR COMMON OBSERVANCE
501014 - EXPLAIN: OBLIGATIONS ARISING FROM LAW ARE NOT
AND BENEFIT.
501015 - IS A MEETING OF MINDS BETWEEN TWO PERSONS
PRESUMED
WHEREBY ONE BINDS
501016 - EXPLAIN: HIMSELF, WITH
OBLIGATIONS RESPECT
ARISING FROM TOCONTRACTS
THE OTHER,
TO GIVE SOMETHING OR TO RENDER
HAVE THE FORCE OF LAW BETWEEN THE CONTRACTING SOME SERVICE.
UNILATERAL
PARTIES AND ACTS GIVING
SHOULD BERISE TO A JURIDICAL
COMPLIED WITH IN GOOD RELATION
FAITH.TO
THE END THAT NO ONE SHALL BE UNJUSTLY ENRICHED AT THE
601019 601018
- REFERS - KINDS
TO THEOFVOLUNTARY
QUASI CONTRACTS (3 ITEMS) OF THE
ADMINISTRATION
PROPERTY, BUSINESS OR AFFAIRS OF ANOTHER WITHOUT HIS
601020 - IS THE OFFICIOUS
CONSENTMANAGER OF ANOTHER'S AFFAIRS
OR AUTHORITY.
IN NEGOTIORUM GESTIO
601021 - THE NATURE OF RESPONSIBILITY OF TWO OR MORE
601022OFFICIOUS
- INSTANCES MANAGERS
WHERE THE IN NEGOTIORUM
OFFICIOUS MANAGER GESTIO SHALL
BE HELD
601023 LIABLE FOR
- INSTANCES ANY FOURTUITOUS
WHERE NEGOTIORUMEVENT GESTIO(4WILLITEMS)
NOT
ARISE (2 ITEMS)
601024 - REFERS TO PAYMENT BY MISTAKE OF AN OBLIGATION
601025 - NATURE OF RESPONSIBILITY
WHICH WAS NOT DUE WHEN OR LIABILITY
PAID. OF TWO OR
MORE PAYEES WHEN THER HAS BEEN PAYMENT OF WHAT IS
601026 - A PERSON WHO ACCEPTS NOT DUEAN UNDUE PAYMENT OF A
SUM OF MONEY WILL
PAYMENT OF A THING CERTAIN BE LIABLEORFOR INTEREST WHEN...
DETERMINATE WILL BE
RESPONSIBLE FOR THE LOSS OF THE SAME OR
601028 - IS A SOURCE OF OBLIGATION THAT REFERS TO ANY ITS ACCESSORIES
601029 - ASACT OR OMISSION
A GENERAL RULE:PUNISHABLE
SCOPE OF CIVIL BY LIABILITY
LAW. OF AN
OFFENDER UPON COMMISSION OF A CRIME
601030 - PERSONS WHO WILL NOT BE IMPRISONED BUT WILL (3 ITEMS)
BE 601031
LIABLE FOR CIVILWHO
- PERSON DAMAGESWILLFORNOTTHEIR ACTSEITHER
BE LIABLE (4 ITEMS)
601032 - DEGREE CRIMINALLY OR CIVILLY
OF EVIDENCE THATFOR MUST HISBE
ACTS
PROVED BY THE
601033 - DEGREE
PROSECUTION OF THE
FOR EVIDENCE
ACCUSEDTHAT TOMUST BE PROVEDLIABLE
BE CRIMINALLY BY THE
PLAINTIFF IN ORDER TO RECOVER CIVIL DAMAGES BASED ON
ANOTHER, THERECONTRACT BEING FAULT OR OR NEGLIGENCE BUT WITHOUT
QUASI-DELICT
601035
ANY - THE RIGHT
PRE-EXISTING VIOLATED BYRELATION
CONTRACTUAL A __________BETWEEN
IS A PUBLIC THE
RIGHT, WHILE THE RIGHT VIOLATED BY A __________
601036 - EVERY ___________ GIVE RISE TO LIABILITY FOR IS A PRIVATE
DAMAGES TO- THE INJURED RIGHT
PARTY BUT THERE ARE __________
601037 LIABILITY FROM __________ CAN NEVER BE
FROM WHICH
COMPROMISED EXCEPT NOINCIVIL LIABILITY
__________ BUT ARISES. FROM
LIABILITY
601038 - IN ORDER TO PROVE CRIME, __________ IS REQUIRED BUT
IN ORDER TOCASE__________
PROVE CAN BE COMPROMISED.
601039 - IN OFNEGLIGENCE IN QUASI-DELICT,
TORT, THE PLAINTIFF OR INJURED __________
PARTY IS
NEEDED.
WILL BE BARRED OR PRECLUDED FROM RECOVERING
INCAPACITY, THE MOTHER, ARE RESPONSIBLE FOR THE
DAMAGES…
DAMAGES CAUSED BY MINOR CHILDREN WHO LIVE IN THEIR
601041 - __________ ARE LIABLE FOR DAMAGES CAUSED BY THE
MINORS OR INCAPACITATED
ARE LIKEWISE RESPONSIBLEPERSONS
FOR DAMAGESWHO ARE UNDER
CAUSED THEIR
BY THEIR
EMPLOYEES AUTHORITY AND
IN THE SERVICE LIVE IN THEIR COMPANY.
BY THEIR EMPLOYEES ANDOF THE BRANCHES
HOUSEHOLD IN WHICH
HELPERS ACTING THE
LATTER ARE EMPLOYED OR ON THE OCCASION
WITHIN THE SCOPE OF THEIR ASSIGNED TASKS, EVEN THOUGH OF THEIR
TRADES SHALL BE
THE FORMER LIABLE
ARE FOR DAMAGES
NOT ENGAGED IN ANY CAUSED BY THEIR
BUSINESS OR
PUPILS AND STUDENTS OR APPRENTICES
601045 - NATURE OF LIABILITY OF TWO OR MORE PERSONS WHO ARE WITHIN
601046WHO - A ARE
THING IS __________
LIABLE WHEN IT IS PARTICULARLY
FOR QUASI-DELICT OR TORT
DESIGNATED OR PHYSICALLY SEGREGATED
601047 - A THING IS __________ WHEN IT ONLY INDICATED FROM ALL OTHERS
BY ITS
OF THE SAME CLASS.
KIND, WITHOUT BEING DESIGNATED OR DISTINGUISHED FROM
601048 - OBLIGATIONS
OTHERS OF THE OF ONESAMEOBLIGED
KIND. TO GIVE A
DETERMINATE THING
601049 - RULE ON THE DEGREE OF DILIGENCE (4 ITEMS)TO BE APPLIED
IN THE PERFORMANCE OF AN OBLIGATION
601050 - KINDS OF FRUITS (3 ITEMS)
601051 - ARE THE SPONTANEOUS PRODUCTS OF THE SOIL AND
601052THE YOUNG
- REFER TOAND OTHER
THOSE PRODUCTS
PRODUCED OF ANIMALS.
BY LAND OF ANY KIND
THROUGH CULTIVATION OR LABOR.
JURIDICAL RELATION SUCH AS THE RENT OF A BUILDING, PRICE
OF601054
LEASE -OF THELAND AND
POINT ATOTHER
WHICHPROPERTY
THE CREDITORAND THE AMOUNT
GAINS THE
RIGHT TO THE FRUITS OF A DETERMINATE THING
601055 - WHEN OBLIGATION TO DELIVER THE THING ARISES
SPECIFIC THING, WITHOUT A PASSIVE SUBJECT INDIVIDUALLY
601057 - IS THE POWER
DETERMINED, AGAINST BELONGING
WHOM SUCH TORIGHT
ONE PERSON
MAY BETO
DEMAND OF ANOTHER, AS A DEFINITE PASSIVE
601058 - INCLUDE EVERYTHING THAT IS PRODUCED BY A THING SUBJECT, THE
FULFILLMENT OF A
OR IS INCORPORATED PRESTATION TO
OR ATTACHED GIVE, TO DO
THERETO,OR NOT TO
EITHER DO.
601059 - ARE THOSE JOINED TO OR INCLUDED WITH THE
PRINCIPAL THINGNATURALLY OR PHYSICALLY.
FOR THE LATTER'S BETTER USE, PERFECTION
601060 - RULE ON THE OR ENJOYMENT.OF ACCESSIONS AND
INCLUSION
601061 - REMEDIES OF THE CREDITOR
ACCESSORIES IF THE DEBTOR FAILS TO
IN THE OBLIGATION
601062 - REMEDIES OF THE CREDITOR IFA THE
PERFORM HIS OBLIGATION TO DELIVER DETERMINATE THING
DEBTOR FAILS TO
(2 ITEMS)
PERFORM HIS OBLIGATION TO DELIVER A GENERIC THING (2
PERFORM HIS OBLIGATION IN OBLIGATIONS TO DO OR
ITEMS)
PERFORMS IT BUT CONTRAVENES
601064 - REMEDIES OF THE CREDITOR TO THE TENOR
IF THE THEREOF
DEBTOR (2
PERFORMS
601065 - REFERSTHE OBLIGATION
TO BEING FORCEDBUT DOES IT POORLY
THROUGH (2 ITEMS)
COERCION TO
WORK FOR ANOTHER.
OFFICIAL WHO HAS MINISTERIAL DUTY TO PERFORM A
PARTICULAR
601067 - REMEDIESOBLIGATION
OF THE ORCREDITOR
PUBLIC DUTY IF THEUNDER
DEBTORTHEDOES
LAW
WHAT HAS BEEN FORBIDDEN HIM (2 ITEMS)
601068 - GROUNDS FOR LIABILITY TO PAY DAMAGES (4 ITEMS)
601069 - REFER TO HARM DONE AND THE SUM OF MONEY THAT
MAY BE RECOVERED IN REPARATION FOR THE HARM DONE.
601070 - KINDS OF DAMAGES (6 ITEMS)
601071 - REFER TO THE PECUNIARY LOSS (SUCH AS LOSS IN
BUSINESS OR PROFESSION)
FRIGHT, SERIOUS THAT MAY BEREPUTATION,
ANXIETY, BESMIRCHED RECOVERED.
WOUNDED FEELINGS, MORAL SHOCK, SOCIAL HUMILIATION
601073 - REFER TO DAMAGES TO EXERCISE A RIGHT.
PECUNIARY LOSS HAS BEEN SUFFERED BUT ITS AMOUNT
CANNOT,
601075 FROM THE NATURE
- ARE THOSE AGREED OFUPON
THE CASE,
BY THE BEPARTIES
PROVEDTO WITH
A
CONTRACT, TO BE PAID IN CASE
601076 - ARE IMPOSED BY WAY OF EXAMPLE OR CORRECTIONOF BREACH.
FOR
601077PUBLIC GOOD,
- IS THE IN ADDITION
DELIBERATE OR TO OTHER KINDS
INTENTIONAL OF DAMAGES.
EVASION BY THE
DEBTOR OF THE NORMAL COMPLIANCE OF HIS OBLIGATION.
601078 - KINDS OF FRAUD ACCORDING TO MEANING (3 ITEMS)
601079 - REFERS TO FRAUD WITHOUT WHICH CONSENT WOULD
601080 - REFERS TO NOT FRAUDHAVEWITHOUT WHICH CONSENT WOULD
BEEN GIVEN.
HAVE STILL BEEN GIVEN BUT THE PERSON GIVING IT WOULD
601081 - EFFECT HAVEOF CAUSALON
AGREED FRAUD TO THETERMS.
DIFFERENT CONTRACT GIVING
RISE TO AN OBLIGATION
601082 - EFFECT OF INCIDENTAL FRAUD TO THE CONTRACT
GIVINGOF
601083 - KINDS RISE TO AN
FRAUD OBLIGATION
ACCORDING TO TIME OF
601084 - A WAIVERCOMMISSION
OF AN ACTION (2 FOR
ITEMS)
THIS KIND OF FRAUD
601085 -BE
CANNOT A WAIVER
MADE. ANYOF AN ACTION FOR
AGREEMENT FORTHIS
ITS KIND
WAIVEROF IS
FRAUD
VOID.
MAY BE MADE, SINCE THE COMMISSION OF FRAUD CAN NO
REQUIRED BYLONGER
THE NATURE OF THE OBLIGATION AND
BE ENCOURAGED.
CORRESPONDS WITH THE ENCUMBRANCES OF THE PERSON, OF
601087 - KINDS OF NEGLIGENCE (3 ITEMS)
601088 - IS NEGLIGENCE IN THE PERFORMANCE OF A
601089 - IS NEGLIGENCE THAT CONTRACT.
RESULTS IN THE COMMISSION OF
A CRIME.
601090 - IS THE NON-FULFILLMENT OF AN OBLIGATION WITH
RESPECT TO TIME.
601091 - KINDS OF DELAY (3 ITEMS)
601092 - IS THE DELAY ON THE PART OF THE DEBTOR.
601093 - IS THE DELAY ON THE PART OF THE DEBTOR IN REAL
601094 - IS THE DELAY OBLIGATIONS.
ON THE PART OF THE DEBTOR IN
PERSONAL OBLIGATIONS
601095 - IS THE DELAY ON THE PART OF THE CREDITOR
601096 - IS THE DELAY IN RECIPROCAL OBLIGATIONS WHERE
601097 - GENERAL BOTH PARTIES
RULE ON THE ARE IN DEFAULT.
TIME AT WHICH THE DEBTOR
INCURS IN DELAY
601098 - EXCEPTIONS WHERE DELAY WOULD EXIST EVEN
WITHOUT
601099 - REQUISITES FORDEMAND
DELAY TO (5 EXIST
ITEMS) IN RECIPROCAL
OBLIGATIONS EVEN WITHOUT DEMAND
601100 - EFFECTS OF DELAY ON THE PART OF THE (2 ITEMS)
DEBTOR (2
ITEMS)
601101 - EFFECTS OF DELAY ON THE PART OF THE CREDITOR (2
601102 - ARE THOSE EVENTS ITEMS)
THAT COULD NOT BE FORESEEN,
OR WHICH THOUGH FORESEEN,
601103 - EXCEPTIONS WHERE A PERSON ARE INEVITABLE.
WILL BE LIABLE EVEN
FOR FORTUITOUS EVENTS (3 ITEMS)
601104 - KINDS OF PRESUMPTIONS (2 ITEMS)
601105 - PRESUMPTION ON THE RECEIPT OF PRINCIPAL
601106 - PRESUMPTION
WITHOUT ON THE
RESERVATION AS RECEIPT
TO INTEREST OF LATER
INSTALLMENT WITHOUT RESERVATION AS TO PRIOR
601107 - REMEDIES OF INSTALLMENTS
THE CREDITOR TO ENFORCE PAYMENT
601108 - OF IS THE
HIS EXERCISE OF ALL DEBTOR
CLAIMS AGAINST THE RIGHTS ANG BRINGING
(3 ITEMS)
OF ALL THE ACTIONS OF THE DEBTOR EXCEPT THOSE
601109 - MEANS TO IMPUGN
PERSONAL THE TOACTS
HIM.WHICH THE DEBTOR
601110
MAY-HAVE
EXCEPTIONS
DONE TO TODEFRAUD
THE RULE THAT
HIS ALL RIGHTS
CREDITORS.
ACQUIRED IN VIRTUE OF AN OBLIGATION ARE TRANSMISSIBLE
601111 - IS AN OBLIGATION (3WITHOUT
ITEMS) A TERM OR CONDITION
601112 - IS AN OBLIGATION
AND IS DEMANDABLEWHOSEAT DEMANDABILITY
ONCE. OR
EXTINGUISHMENT DEPENDS UPON THE HAPPENING OF A
601113 - IS AN UNCERTAIN EVENT WHICH WIELDS AN
CONDITION.
601114 - KINDS INFLUENCE ON A LEGAL
OF CONDITIONS RELATIONSHIP.
ACCORDING TO EFFECT ON THE
DEMANDABILITY OF OBLIGATION
601115 - IS A CONDITION THE HAPPENING OF (2 ITEMS)
WHICH WILL
GIVE RISE TO THE DEMANDABILITY OF THE
601116 - IS A CONDITION THE HAPPENING OF WHICH OBLIGATION.
601117 - KINDS EXTINGUISHES
OF CONDITIONS THE OBLIGATION
ACCORDING TO THE PERSON
OR EVENT TO WHICH SUCH CONDITION
601118 - IS A CONDITION THAT DEPENDS UPON THE DEPENDS (3WILL
ITEMS)OF
ONE OF THE CONTRACTING PARTIES.
601119 - EFFECT OF A SUSPENSIVE CONDITION IF IT IS
601120POTESTATIVE
- EFFECT OF ONRESOLUTORY
THE PART OFCONDITION
THE DEBTOR IF IT IS
POTESTATIVE ON THE PART OF THE CREDITOR
601121 - EFFECT OF CONDITION IF IT IS POTESTATIVE ON THE
PART OFTHAT
601122 - IS A CONDITION THE CREDITOR.
DEPENDS UPON CHANCE OR
UPON THE WILL OF A THIRD PERSON.
601123 - IS A CONDITION THAT DEPENDS PARTLY UPON THE
WILL OF ONE OF THE PARTIES AND PARTLY UPON CHANCE OR
601124 - KINDS THE OF CONDITION
WILL OF A THIRDACCORDING PERSON.TO POSSIBILITY OF
601125 - IS A CONDITION OCCURRENCE (2 ITEMS)OF FULFILLMENT IN
THAT IS CAPABLE
601126 - IS AITS NATURE AND
CONDITION THATBY ISLAW.
NOT CAPABLE OF
FULFILLMENT IN ITS NATURE
601127 - KINDS OF CONDITIONS ACCORDING OR DUE TO OPERATION OF LAW.
TO REQUIREMENT
601128 -FOR IS AAN EVENT TOTHAT
CONDITION HAPPENSOME OREVENT
NOT (2SHOULD
ITEMS) HAPPEN
601129 - EXTINGUISHMENT AT A DETERMINATE TIME.
OF AN OBLIGATION SUBJECT TO A
POSITIVE CONDITION
601130 - IS A CONDITION THAT SOME EVENT SHOULD NOT
HAPPEN AT A OF
601131 - EFFECTIVENESS DETERMINATE
AN OBLIGATION TIME.
SUBJECT TO A
NEGATIVE CONDITION CONDITION
601132 - KINDS OF CONDITIONS AS TO DIVISIBILITY (2 ITEMS)
601133 - IS A CONDITION THAT IS CAPABLE OF PARTIAL
601134 - IS A CONDITION THAT IS NOT CAPABLE OF PARTIAL
PERFORMANCE.
PERFORMANCE BY ITS NATURE OR BY LAW OR AGREEMENT OF
FULFILLMENT OF A SUSPENSIVE CONDITION RETROACTS (WITH
THE PARTIES.
RESPECT TO THE FRUITS AND INTERESTS)
601136 - EFFECT WHEN THE DEBTOR VOLUNTARILY TO THE DAY OF THE
PREVENTS
601137 - RULE IN CASE LOSS OF
THE FULFILLMENT OFTHETHEDETERMINATE
CONDITION THING
WHICH- RULE
601138 IS THEINOBJECT
CASE LOSS OF THE OBLIGATION
OF THE - WITHOUT
DETERMINATE THING
DEBTOR'S FAULT
WHICH IS THE OBJECT OF THE OBLIGATION - WITH DEBTOR'S
OR GOES OUT OF COMMERCE OR DISAPPEARS IN SUCH A WAY
FAULT
601140 - RULE
THAT ITS IN CASE OF DETERIATION
EXISTENCE IS UNKNOWN OR OF IT
THE DETERMINATE
CANNOT BE
THING WHICH IS THE OBJECT OF AN OBLIGATION
601141 - RULE IN CASE OF DETERIATION OF THE DETERMINATE - WITHOUT
THING WHICH IS THE DEBTOR'S
OBJECT FAULT
601142 - RULE IN CASE OF OF AN OBLIGATION
IMPROVEMENT - WITH
OF THE
DETERMINATE DEBTOR'S FAULT
601143 - RULETHING IN CASE WHICH IS THE OBJECT
OF IMPROVEMENT OFOF AN
THE
OBLIGATION
DETERMINATE THING - BY NATURE
WHICH OR BY TIME
601144 - IS THE RIGHT TO ENJOY THEISUSETHEANDOBJECT OF AN
ADVANTAGES OF
OBLIGATION - AT THE EXPENSE
ANOTHER PERSON'S PROPERTY SHORT OF DESTRUCTION OR OF THE DEBTOR
CAUSE AND INWASTE WHICHOF EACH
ITS PARTY IS A DEBTOR AND A
SUBSTANCE.
CREDITOR OF EACH OTHER,
601146 - REMEDIES OF THE INJURED PARTY SUCH THAT THE IN
OBLIGATION
RECIPROCAL OF
601147 - IS AN OBLIGATION
OBLIGATION WHOSE
(2 ITEMS)DEMANDABILITY OR
EXTINGUISHMENT DEPENDS UPON THE HAPPENING OF A
601148 - IS A SPACE OF TIME PERIOD. WHICH DETERMINES THE
EFFECTIVITY OR EXTINGUISHMENT
601149 - IS A POINT IN TIME THAT WHICH OF AN OBLIGATION.
MUST NECESSARILY
COME ALTHOUGH IT MAY NOT BE
601150 - CONDITION OR PERIOD: IS AN EVENT THAT MAY OR KNOWN WHEN.
601151 - CONDITIONMAY OR PERIOD:
NOT HAPPEN. IS AN EVENT THAT MUST
NECESSARILY COME, AT A DATE KNOWN BEFOREHAND, OR AT A
601152 - CONDITION
TIME THAT ORCANNOT
PERIOD:BE MAY REFER TO THE FUTURE
DETERMINED.
OR TO A PAST EVENT UNKNOWN
601153 - CONDITION OR PERIOD: ALWAYS TO THE PARTIES.
REFERS TO THE
FUTURE.
601154 - CONDITION OR PERIOD: CAUSES AN OBLIGATION TO
601155 - CONDITION OR ARISE OR TOMERELY
PERIOD: CEASE. FIXES THE TIME FOR
601156 -THE CONDITION OR PERIOD:OF
EFFICACIOUSNESS ONE
ANTHAT DEPENDS UPON
OBLIGATION
THE WILL OF THE DEBTOR AUTHORIZES
601157 - CONDITION OR PERIOD: ONE THAT DEPENDS THE COURT TO UPON
FIX ITS
DURATION.
THE WILL OF THE DEBTOR WHICH IS SUSPENSIVE SHALL
601158 - IS AANNUL PERIODTHE WITHOBLIGATION.
A SUSPENSIVE EFFECT.
601159 - IS A PERIOD WITH A RESOLUTORY EFFECT.
601160 - IS A PERIOD FIXED BY LAW.
601161 - IS A PERIOD FIXED BY THE PARTIES.
601162 - IS A PERIOD FIXED BY THE COURT.
601163 - INSTANCES WHEN THE COURT MAY FIX THE PERIOD (2
ITEMS)
601164 - PRESUMPTION AS TO WHO HAS THE BENEFIT OF THE
601165 - EXPLAIN: THE PERIOD PERIODIS FOR THE BENEFIT OF BOTH
601166 - INSTANCES THE DEBTOR
WHENAND THE THE
DEBTORCREDITOR.
LOSES HIS RIGHT TO
601167 - THE DEBTOR MAY STILL MAKE USEBENEFIT
MAKE USE OF THE PERIOD IF IT IS FOR HIS (5 ITEMS)
OF THE PERIOD, IN
601168 - THE DEBTOR CASE HEMAY STILL MAKE
BECOMES USE OF
INSOLVENT IFTHE PERIOD IN
CASE THE GUARANTIES OR SECURITIES HAVE BEEN IMPAIRED
601169 - KINDSDEBTOR'S
(THROUGH OF OBLIGATIONS
FAULT OR ACCORDING
FORTUITOUS TO EVENT)
THE NUMBER
IF
OF PRESTATIONS (2 ITEMS)
601170 - IS AN OBLIGATION WHERE THERE IS ONLY ONE
601171 - IS AN OBLIGATION PRESTATION.
WHERE THERE ARE SEVERAL
PRESTATIONS
601172 - KINDS OF COMPOUND OBLIGATIONS (2 ITEMS)
601173 - IS A COMPOUND OBLIGATION WHERE SEVERAL
PRESTATIONS ARE DUE AND
601174 - IS A COMPOUND ALL MUST BE
OBLIGATION PERFORMED.
WHICH MAY BE
601175 - IS AN OBLIGATION WHERE SEVERAL
ALTERNATIVE OR FACULTATIVE. PRESTATIONS ARE
DUE BUT THE COMPLETE PERFORMANCE
601176 - IN ALTERNATIVE OBLIGATIONS, THE RIGHT OF CHOICE OF ONE OF THEM IS
SUFFICIENT TO EXTINGUISH THE OBLIGATION.
BELONGS TO THE __________, UNLESS IT HAS BEEN EXPRESSLY
601177 - LIMITATIONS GIVENON TODEBTOR'S RIGHT TO CHOOSE IN
THE _________.
ALTERNATIVE OBLIGATIONS
601178 - INSTANCES WHEN OBLIGATION (2 ITEMS)
CEASES TO BE
ALTERNATIVE AND BECOMES A SIMPLE
CHOICE IS WITH THE DEBTOR, RULE IF ONLY ONE OR SOME OBLIGATION (2 ITEMS)
ARE
601180
LOST-THROUGH
IN ALTERNATIVE OBLIGATIONS
A FORTUITOUS EVENTWHERE THE RIGHT
OR THROUGH THE OF
CHOICE-IS
601181 INWITH THE DEBTOR,
ALTERNATIVE RULE IF ALL
OBLIGATIONS PRESTATIONS
WHERE THE RIGHT AREOF
CHOICE IS LOST
WITH THROUGH
THE DEBTOR, A FORTUITOUS
RULE IF ALL EVENT
PRESTATIONS ARE
CHOICE IS WITH THE DEBTOR, RULE IF ALL PRESTATIONS
EXCEPT LOSTLOST
THROUGH DEBTOR'S FAULT
CHOICEONE ARE
IS WITH THROUGH
THE DEBTOR, DEBTOR'S
RULE IF ALLFAULT AND THE
PRESTATIONS
EXCEPT ONE ARE LOST THROUGH A FORTUITOUS EVENT, AAND
REMAINING ITEM IS SUBSEQUENTLY LOST THROUGH
CHOICE IS EXPRESSLY
THE REMAINING ITEM GRANTED TO THE CREDITOR,
IS SUBSEQUENTLY RULE IF
LOST THROUGH
601185
ONLY ONE - INOR ALTERNATIVE
SOME OF THE OBLIGATIONS
PRESTATIONS WHERE THETHROUGH
ARE LOST RIGHT OF
CHOICE IS EXPRESSLY GRANTED TO THE CREDITOR, RULE IF ALL
CHOICE IS EXPRESSLY
PRESTATIONS ARE LOSTGRANTED
THROUGH TO THE CREDITOR, EVENT
A FORTUITOUS RULE IF
601187
ONLY ONE - INOR ALTERNATIVE
SOME OF THE OBLIGATIONS
PRESTATIONS WHERE THETHROUGH
ARE LOST RIGHT OF
CHOICE
601188IS- IS EXPRESSLY GRANTED
AN OBLIGATION TO THE
WHERE ONLYCREDITOR, RULE IF ALL
ONE PRESTATION IS
PRESTATIONS
DUE BUT THE ARE LOST
DEBTOR THROUGH
MAY RENDER DEBTOR'S
ANOTHER FAULT
IN
601189 - IN FACULTATIVE OBLIGATIONS, RULE IF THE PRINCIPAL
601190 THING IS LOST DUESUBSTITUTION.
- IN FACULTATIVE TO A FORTUITOUS
OBLIGATIONS, EVENT
RULE BEFORE
IF THE PRINCIPAL
THING IS LOST DUE SUBSTITUTION
TO THE DEBTOR'S FAULT BEFORE
601191 - IN FACULTATIVE OBLIGATIONS, RULE IF THE
SUBSTITUTE
601192 - IN THING ISSUBSTITUTION
LOST DUE
FACULTATIVE TO A FORTUITOUS
OBLIGATIONS, EVENT
RULE IF THE
SUBSTITUTE BEFORE SUBSTITUTION
THING IS OBLIGATIONS,
LOST DUE TO THE DEBTOR'S FAULT
601193 - IN FACULTATIVE RULE IF THE PRINCIPAL
THING BEFORE SUBSTITUTION
601194 - IN IS LOST THROUGH
FACULTATIVE A FORTUITOUS
OBLIGATIONS, RULEEVENT
IF THEAFTER
PRINCIPAL
THING IS LOST SUBSTITUTION
THROUGH THE DEBTOR'S FAULT AFTER
601195 - IN FACULTATIVE OBLIGATIONS, RULE IF THE
SUBSTITUTE
601196 - IN THING ISSUBSTITUTION
LOST DUE
FACULTATIVE TO A FORTUITOUS
OBLIGATIONS, EVENT
RULE IF THE
SUBSTITUTE AFTER
THING ISOR SUBSTITUTION
LOST DUE TO THEIFDEBTOR'S FAULT
601197 - ALTERNATIVE FACULTATIVE: THERE ARE VOID
PRESTATIONS, THE AFTER
OTHERS SUBSTITUTION
MAY STILL BE VALID, HENCE THE
601198 - ALTERNATIVE OR FACULTATIVE: IF THE PRINCIPAL
OBLIGATION OBLIGATION
IS VOID, THE REMAINS.
DEBTOR IS NOT REQUIRED TOCHOICE
GIVE
601199 - ALTERNATIVE OR FACULTATIVE: THE RIGHT OF
THE SUBSTITUTE.
IS WITH THE DEBTOR, UNLESS EXPRESSLY GIVEN TO THE
601200 - ALTERNATIVE ORCREDITOR. FACULTATIVE: THE RIGHT OF CHOICE
601201 - IN A BELONGS
__________, EACH
TO THEDEBTOR
DEBTOR IS LIABLE
ONLY. ONLY FOR A
PROPORTIONATE PART OF THE DEBT,
601202 - IN A _________, EACH DEBTOR IS LIABLEAND/OR EACH CREDITOR
FOR THE
IS ENTITLED ONLY TO A PROPORTIONATE
WHOLE OBLIGATION, AND/OR EACH CREDITOR IS ENTITLED PART OF THE DEBT.TO
DEMAND PAYMENT OF THE WHOLE
601203 - KINDS OF SOLIDARY OBLIGATION (3 ITEMS) OBLIGATION.
601204 - IS SOLIDARITY ON THE PART OF THE DEBTORS.
601205 - IS SOLIDARITY ON THE PART OF THE CREDITORS.
601206 - IS SOLIDARITY ON THE PART OF BOTH DEBTORS AND
CREDITORS.
601207 - JOINT OR SOLIDARY: "JOINTLY AND SEVERALLY"
601208 - JOINT OR SOLIDARY: "PROPORTIONATELY"
601209 - JOINT OR SOLIDARY: "INDIVIDUALLY AND
COLLECTIVELY"
601210 - JOINT OR SOLIDARY: "PRO RATA"
601211 - JOINT OR SOLIDARY: "IN SOLIDUM"
601212 - JOINT OR SOLIDARY: "MANCOMUNADA"
601213 - JOINT OR SOLIDARY: "MANCOMUNADA SOLIDARIA"
601214 - JOINT OR SOLIDARY: "MANCOMUNADA SIMPLE"
601215 - JOINT OR SOLIDARY: "JUNTOS O SEPARADAMENTE"
TO BE _________ WHEN THERE IS A CONCURRENCE OF TWO OR
MORE
601217DEBTORS
- INSTANCES AND/OR
WHERE TWOSOLIDARY
OR MORELIABILITY
CREDITORS IN ONE
EXISTS (3
601218 - EFFECT OF RENUNCIATION ITEMS) OR REMISSION OF THE
WHOLE OBLIGATION BY ONLY ONE OF THE SOLIDARY
601219 - EFFECT OF UNAUTHORIZED
CREDITORS ASSIGNMENT OF
601220 - IS AN OBLIGATIONCREDITOR'S WHERE
RIGHTTHE DEBTORS OR
CREDITORS
SUBJECT MATTER ARE JOINTLY
OR OBJECTBOUND NOTBUT THESUSCEPTIBLE
BEING PRESTATION OF OR
PARTIAL OBJECT
PERFORMANCE. IS INDIVISIBLE.
__________, ON THEOFOTHER HAND,
601222 - IS AN OBLIGATION CAPABLE PARTIAL
REFERS TO THE TIE BETWEEN THE PARTIES.
PERFORMANCE (SUCH AS THE OBLIGATION TO DELIVER (10 ONE THEREFORE,
601223 - OBLIGATIONS SACKS
DEEMED OF RICE).
TO BE DIVISIBLE (3 ITEMS)
601224 - IS AN OBLIGATION NOT CAPABLE OF PARTIAL
PERFORMANCE.
601225 - OBLIGATIONS
601226 - IS AN OBLIGATION DEEMED WHICH TO PROVIDES
BE INDIVISIBLE
FOR A(4 ITEMS)
GREATER
LIABILITY
601227 ON THE
- IS PART OF THE
GENERALLY DEBTOR INTO
UNDERTAKEN CASE OF NON-
INSURE
PERFORMANCE AND WORKS COMPLIANCE.
AS EITHER, OR BOTH, PUNISHMENT
601228 - KINDS OF PENAL AND CLAUSES
REPARATION. ACCORDING TO THE BODY
IMPOSING IT
601229 - IS A KIND OF PENAL CLAUSE IMPOSED BY LAW.
601230 - IS A KIND OF PENAL CLAUSE IMPOSED BY THE
601231 - KINDS AGREEMENT
OF PENAL OFCLAUSES
THE PARTIES.
ACCORDING TO
ENFORCEMENT (2 ITEMS)
601232 - IS A KIND OF PENAL CLAUSE WHERE ONLY THE
601233 - IS A KIND PENALTY MAY BE
OF PENAL ENFORCED.
CLUASE WHERE BOTH THE
601234 - AS A GENERAL
OBLIGATION AND THERULE, THE PENALTY
PENALTY MAY BETAKES THE PLACE
ENFORCED.
OF THE DAMAGES AND INTEREST IN CASE OF NON-
601235 - INSTANCES
COMPLIANCE. WHEN THE
EXCEPTIONS TOCOURT MAY (3
THE RULE REDUCE
ITEMS)THE
PENALTY (3 ITEMS)
601236 - EFFECT OF NULLITY OF PRINCIPAL OBLIGATION OR
PENAL CLAUSE OF OBLIGATIONS (11
601237 - CAUSES OF EXTINGUISHEMENT
601238 - MEANS NOT ONLY THE ITEMS)DELIVERY OF MONEY BUT ALSO
THE PERFORMANCE,
601239 - IS THE MONEY OR CURRENCY IN ANY OTHERWHICH
MANNER,THEOFDEBTOR
AN
OBLIGATION.
MAY COMPEL HIS CREDITOR TO ACCEPT IN PAYMENT OF HIS
601240 - ITEMS
DEBTS CONSIDERED
(WHETHER PUBLIC LEGAL TENDER IN THE
OR PRIVATE).
601241 - IS THE INCREASE IN THE(3CURRENCY
PHILIPPINES ITEMS) IN CIRCULATION,
OR601242
A MARKED EXPANSION
- IS THE OF CREDIT,
SHARP SUDDEN RESULTING
DECREASE IN A FALL
OF MONEY ORIN
CREDIT CURRENCY
OR BOTH VALUE, WITHOUT AND AA SHARP RISE ON PRICES.
CORRESPONDING DECREASE IN
ESTABLISHMENT OF THE OBLIGATION
BUSINESS TRANSACTIONS. SHALL BE THE BASIS OF
PAYMENT, UNLESS THERE IS AN
601244 - EFFECT OF DELIVERY OF MERCANTILE DOCUMENTS AGREEMENT TO THE AS
601245 - MEANS THE PAYMENT FOR OBLIGATIONS
PERFORMANCE OF THE MOST IMPORTANT
ASPECTS OF AN OBLIGATION BUT NOT ALL OF IT.
601246 - EFFECT OF SUBSTANTIAL PERFORMANCE IN GOOD
PERFORMANCE FAITH OF AN OBLIGATION.
KNOWING ITS INCOMPLETENESS OR
IRREGULARITY,
601248 AND WHEN
- INSTANCES WITHOUT EXPRESSING
PARTIAL ANYMAY
PAYMENTS PROTEST OR
BE MADE
601249 - CHARACTERISTICS(2AITEMS)
DEBTOR MUST POSSESS IN ORFER
601250
TO -MAKE
MEANS THAT
THE THE PROPERTY
PAYMENT DELIVERED(2SHOULD
OF AN OBLIGATION ITEMS) NOT
BE SUBJECT TO ANY CLAIM BY, OR ENCUMBRANCES IN FAVOR OF,
601251 - MEANS THAT THIRD
THE DEBTOR MUST NOT BE INCAPABLE
PERSONS.
601252 - EFFECT
OF GIVING OF PAYMENT
CONSENT IN OBLIGATIONS
IN ORDER TO GIVE IF
TO EFFECT PAYMENT.
DEBTOR DOES NOT HAVE FREE DISPOSAL OF THE THING DUE
AND/OR CAPACITY TO ALIENATE THE SAME
STILL UNFINISHED
RFBT - CONTRACTS (502001 - STILL UNFINISHED)
PERSONS WHEREBY ONE BINDS HIMSELF, WITH RESPECT TO
THE OTHER,
502002 TO GIVE SOMETHING
- ARE ELEMENTS OR TOWITHOUT
OF A CONTRACT RENDER SOME
WHICH
THERE WOULD BE NO CONTRACT.
502003
502004 - ESSENTIAL
- ARE ELEMENTS ELEMENTS OF A CONTRACT
OF A CONTRACT WHICH ARE (3 FOUND
ITEMS) IN
CERTAIN CONTRACTS UNLESS SET ASIDE OR SUPPRESSED BY
502005 - ARE ELEMENTS OFPARTIES.
THE A CONTRACT WHICH REFER TO
PARTICULAR STIPULATIONS
502006 - CLASSIFICATION OF CONTRACTS OF THE ACCORDING
PARTIES. TO
PERFECTION
502007 - ARE CONTRACTSOR FORMATION (3 ITEMS) BY MERE
THAT ARE PERFECTED
502008 - ARE CONTRACTS CONSENT.
THAT ARE PERFECTED BY THE
502009DELIVERY OF THE OBJECT
- ARE CONTRACTS WHICH OFMUST
THE CONTRACT.
BE IN THE FORM
PROVIDED BY LAW FOR THEIR PERFECTION.
502010 - CLASSIFICATION OF CONTRACTS ACCORDING TO
502011 - ARE CONTRACTS CAUSE (3 ITEMS)
WHERE THERE IS AN EXCHANGE OF
VALUABLE CONSIDERATIONS.
502012 - ARE CONTRACTS WHERE ONE PARTY RECEIVES NO
EQUIVALENT
502013 - ARE CONTRACTS CONSIDERATION.
WHERE THE CAUSE IS THE SERVICE
502014 - CLASSIFICATION
OR BENEFITOF CONTRACTS ACCORDING TO
REMUNERATED.
IMPORTANCE OR DEPENDENCE OF ONE UPON ANOTHER (3
502015 - IS A CONTRACT ITEMS)
THAT CAN STAND BY ITSELF.
502016 - IS A CONTRACT WHOSE EXISTENCE DEPENDS UPON
502017 - IS A CONTRACT ANOTHER
WHICHCONTRACT.
SERVES AS A MEANS BY WHICH
OTHER CONTRACTS MAY
502018 - CLASSIFICATION OF CONTRACTS BE ENTERED INTO. TO NAME
ACCORDING
OR DESIGNATION
502019 - ARE CONTRACTS (2 ITEMS)
WHICH HAVE A NAME UNDER THE
LAW.
502020 - ARE CONTRACTS WITHOUT ANY NAME UNDER THE
LAW.
502021 - EXAMPLES OF INNOMINATE CONTRACTS (4 ITEMS)
502022 - RULES THAT GOVERN INNOMINATE CONTRACTS (4
502023 - CLASSIFICATION OF ITEMS)
CONTRACTS ACCORDING TO RISK
502024 - AREOR FULFILLMENT
CONTRACTS WHERE (2 ITEMS)
THE PARTIES GIVE
EQUIVALENT VALUES.
502025 - ARE CONTRACTS WHOSE FULFILLMENT DEPENDS
502026 - CLASSIFICATION UPON CHANCE.
OF CONTRACTS ACCORDING TO THE
PARTIES OBLIGATED (2 ITEMS)
502027 - ARE CONTRACTS WHERE ONLY ONE OF THE PARTIES IS
502028OBLIGATED TO GIVEWHERE
- ARE CONTRACTS OR DO SOMETHING.
BOTH PARTIES ARE
REQUIRED TO GIVE OR DO SOMETHING.
502029 - CLASSIFICATION OF CONTRACTS ACCORDING TO
SUBJECT MATTER
502030 - CLASSIFICATION (3 ITEMS)
OF CONTRACTS ACCORDING TO THE
TIME OF FULFILLMENT (2 ITEMS)
502031 - IS A CONTRACT WHICH HAS BEEN PERFORMED.
502032 - IS A CONTRACT THAT HAS NOT YET BEEN PERFORMED.
502033 - IS A CONTRACT WHERE ONLY ONE PERSON
502034 - IS ATHE
REPRESENTS CONTRACT WHOSEPARTIES
TWO OPPOSITE TERMS ARE PREPARED
TO THE BY
CONTRACT.
ONLY ONE PARTY, WHILE THE OTHER PARTY MERELY AFFIXES
HIS SIGNATURE
502035 - STAGES SIGNIFYING HIS ADHESION
OF A CONTRACT THERETO.
(3 ITEMS)
PRELIMINARY NEGOTIATIONS AND BARGAINING, DISCUSSION
502037
OF TERMS - ISAND
A STAGE OF A CONTRACT
CONDITIONS, WITH NO WHICH IS THE
ARRIVAL YETPOINT
OF A
WHEN THERE IS A MEETING OF MINDS BETWEEN THE PARTIES
THE ON PARTIES FULFILL
A DEFINITE OR PERFORM
SUBJECT MATTER THE
ANDTERMS
A VALIDAGREED
CAUSE.UPON
IN THE CONTRACT, CULMINATING IN THE EXTINGUISHMENT
502039 - BASIC PRINCIPLES OF CONTRACTS (5 ITEMS)
STIPULATIONS, CLAUSES, TERMS AND CONDITIONS AS THEY
MAY DEEM CONVENIENT,
AUTOMATICALLY BECOMESPROVIDED
THE OWNERTHEY ARE
OF THENOTPROPERTY
CONTRARY
PLEDGED
BELOW WHICH OR MORTGAGED
THE MORTGAGED IF THE DEBTOR DEFAULTS
PROPERTY IN HIS
IS NOT SUPPOSED
TO BE SOLD
502043 - MEANS AT THE FORECLOSURE
UNREASONABLY SALE (VOID
EXCESSIVE RATE BECAUSE IT IS
OF INTEREST
SUFFER(VOID BECAUSE
SERIOUS HARMIT IS
ORCONTRARY
OTHER FORMS TO MORALS).
OF ABUSE OR
PHYSICAL RESTRAINT, OR THREAT
THAT THE CONTRACT MUST BIND BOTH CONTRACTING OF ABUSE OR HARM, OR
PARTIES
THAT CONTRACTS TAKE EFFECT ONLY BETWEEN
AND ITS VALIDITY OR COMPLIANCE CANNOT BE LEFT TO THE THE PARTIES,
THEIR ASSIGNS AND HEIRS, EXCEPT WHERE THE RIGHTS AND
502047 - RULE ON THE
OBLIGATION ARE LIABILITY OF HEIRS WITH
NOT TRANSMISSIBLE RESPECT
BY LAW, BY TO
502048 - IS A BASIC PRINCIPLE
THE OBLIGATIONS OF CONTRACTS
OF THEIR DECEDENT PASSED WHICH
ONTOASSERTS
THEM
THAT (IN GENERAL) CONTRACTS ARE PERFECTED BY MERE
ASSERTS THAT OBLIGATIONS ARISING FROM CONTRACTS SHALL
CONSENT.
502050
HAVE THE - IS THE
FORCE MANIFESTATION
OF LAW BETWEEN OF THE
THEMEETING OF THE
CONTRACTING
OFFER AND THE ACCEPTANCE UPON THE THING AND THE
502051 - THEWHICH
CAUSE OFFERARE MUSTTOBE __________ BECAUSE
CONSTITUTE THERE COULD
THE CONTRACT.
BE502052
NO MEETING- __________ OF THISIFFOR
OF MINDS IT ISSALE ARE
VAGUE ORNOTNOTDEFINITE
DEFINITE.
OFFERS, BUT MERE INVITATIONS TO MAKE
502053 - AN OFFER BECOMES __________ UPON THE DEATH, AN OFFER UNLESS IT
CIVIL
INTERDICTION, APPEARS OTHERWISE.
502054 - TIMEINSANITY WHEN THE OROFFEROR
INSOLVENCYMAY OF EITHER PARTY
WITHDRAW HIS
(OFFEROR
OFFER IF HE OR OFFEREE)
HAS ALLOWED BEFORE
THE ACCEPTANCE
OFFEREE A IS CONVEYED.
CERTAIN PERIOD
502055 - IS A CONTRACT WHEREBY THE OFFEROR GIVES THE
OFFEREE A CERTAIN PERIOD TOWITHIN
ACCEPT.WHICH TO BUY OR NOT TO
502056 - RIGHTBUY AOF THE OFFEROR
CERTAIN OBJECT FORTO WITHDRAW
A FIXED PRICE.THE OFFER IF
THERE IS NO CONSIDERATION FOR
502057 - RIGHT OF THE OFFEROR TO WITHDRAW THE OFFER IF THE OPTION
502058 THERE
- IS THEIS AUNQUALIFIED
CONSIDERATION ANDFOR THEAGREEMENT
TOTAL OPTION IN
ACCEPTING A LIABILITY OR RESPONSIBILITY.
502059 - IF THE ACCEPTANCE IS QUALIFIED, IT CONSTITUTES A
_________
502060 AND - TIMEHASWHENTHE ACCEPTANCE
EFFECT OF REJECTING
MADE BY THE OFFER.
LETTER OR
TELEGRAM BINDS THE OFFEROR
502061 - PRESUMPTION ON THE PLACE WHERE A CONTRACT IS
502062 - A CONTRACT IS GOVERNED MADE BY THE LAW OF THE PLACE
__________.
502063 - IS AN ACCEPTANCE MADE ORALLY OR IN WRITING.
502064 - IS AN ACCEPTANCE WHICH CAN BE INFERRED FROM
502065 - AN OFFER THE CONDUCT
MADE THROUGHOF THEAN PARTIES.
AGENT IS ACCEPTED
502066FROM - IS ATHEPERSON'S
TIME IT AUTHORITY UNDER LAW
IS COMMUNICATED TO ENGAGE IN
TO _________.
A PARTICULAR UNDERTAKING OR MAINTAIN A PARTICULAR
502067 - PERSONS WHO CANNOT GIVE CONSENT TO A
STATUS.
502068 - TAKES PLACE BY THE (3
CONTRACT ITEMS)
ATTAINMENT OF THE AGE OF
502069 - CONTRACTS MAJORITYENTERED
WHICH INTO BY YEARS.
IS 18 INSANE OR DEMENTED
PERSONS DURING _________ ARE VALID. __________ REFERS TO THE
502070 - STATUS
PERIOD OF CONTRACTS
OF TEMPORARY ENTERED
SANITY INTO WHEREIN
OF AN INSANE PERSON.ONE
PARTY IS INCAPACITATED TO GIVE
502071 - STATUS OF CONTRACTS ENTERED INTO WHEREIN CONSENT
502072 - STATUS
BOTH PARTIES OFARE
A CONTRACT WHEREIN
INCAPACITATED AN INCAPACITATED
TO GIVE CONSENT
PERSON PAYS A REASONABLE PRICE FOR FOOD AND OTHER
502073 - STATUSNECESSARIES
OF CONTRACTS SOLDAGREED
TO HIM.TO IN A STATE OF
DRUNKENNESS OR DURING HYPNOTIC SPELL
502074 - STATUS OF CONTRACTS WHERE CONSENT IS GIVEN
THROUGH MISTAKE, VIOLENCE, INTIMIDATION, UNDUE
502075 -INFLUENCE OR FRAUD
VICES OF CONSENT (5 ITEMS)
502077502076
- VALID- OR IS AN ERRORCONSENT:
INVALID IN UNDERSTANDING FACTS.TO THE
MISTAKE REFERS
SUBSTANCE
502078 - VALIDOFORTHE THING CONSENT:
INVALID WHICH IS THE OBJECT
MISTAKE OF THE
REFERS TO
CONTRACT.
THOSE CONDITIONS WHICH HAVE PRINCIPALLY MOVED ONE OR
IDENTITYBOTH ORPARTIES
QUALIFICATIONS
TO ENTEROF ONETHE
INTO OF THE PARTIES AND
CONTRACT.
502080 - VALID
SUCH OR INVALID
IDENTITY CONSENT: MISTAKE
OR QUALIFICATIONS HAVE REFERS
BEEN THE TO THE
LEGAL EFFECT OF AN AGREEMENT WHEN THE REAL PURPOSE
502081
OF THE -PARTIES
VALID OR IS INVALID
FRUSTRATED CONSENT: AND THEMISTAKE
SAMEREFERS TO A
IS MUTUAL.
502082 - VALIDSIMPLE OR INVALID CONSENT:
MISTAKE THE PARTY ALLEGING
OF ACCOUNT.
MISTAKE KNEW THE DOUBT, CONTINGENCY OR RISK AFFECTING
502083 - RULE THE ON WHOOBJECTHASOF THE BURDEN OF PROOF WITH
A CONTRACT.
CONSENT,
REGARD SERIOUS OR IRRESISTIBLE
TO THE ALLEGATIONS FORCE ISOR
OF MISTAKE EMPLOYED
FRAUD
(WHETHER BY ONE OF THE CONTRACTING PARTIES TO THE
GROUNDED
OTHER OR AFEAR THIRDOFPERSON
AN IMMINENT
WHO DID ANDNOTGRAVE
TAKEEVIL
PART UPON HIS
IN THE
PERSON OR PROPERTY, OR UPON THE PERSON
502086 - FACTORS TO BE CONSIDERED IN DETERMINING THE OR PROPERTY OF
DEGREE OF INTIMIDATION (3 ITEMS)
502087 - WHEN NO INTIMIDATION EXISTS
ADVANTAGE OF HIS POWER OVER THE WILL OF ANOTHER,
DEPRIVING THE LATTER OF A REASONABLE FREEDOM OF
502089 - KIND OF FRAUD THAT VITIATES CONSENT
WORDS OR MCHINATIONS OF ONE OF THE CONTRACTING
502091
PARTIES, THE- KIND
OTHEROF FRAUD:
IS INDUCEDWHEN TOTHERE
ENTERIS A FAILURE
INTO TO
A CONTRACT
DISCLOSE FACTS, WHEN THERE IS A DUTY TO REVEAL THEM, AS
WHEN502092
THE- PARTIES
IF CAUSAL AREFRAUD
BOUND VITIATES CONSENT, EFFECT
BY CONFIDENTIAL OF
RELATIONS.
INCIDENTAL FRAUD TO
502093 - EFFECT WHEN FRAUD HAS BEEN EMPLOYED BY BOTHA CONTRACT
502094 - EFFECT IN CASE OF THE USUAL
CONTRACTING PARTIES EXAGERRATIONS IN
TRADE IN ORDER TO OBTAIN CONSENT, WHEN THE OTHER
OPINIONPARTYIN ORDER
HAD ANTO OBTAIN CONSENT,
OPPORTUNITY TO KNOWUNLESS
THEMADE
FACTS.BY AN
502096
EXPERT- ANDIS A CONTRACT
THE OTHERTHAT PARYDOES NOT INTEND
HAS RELIED ON THE TOFORMER'S
HAVE ANY
LEGAL EFFECT ON OR CHANGE IN THE JURIDICAL SITUATION OF
502097 THE PARTIES.
502098 - IS A- KINDS
SIMULATEDOF SIMULATED
CONTRACT CONTRACTS
WHERE THE (2PARTIES
ITEMS) DO
NOT INTEND TO BE BOUND AT ALL. BEING FICTITIOUS IT IS
BOUND BY THEIR REAL AGREEMENT VOID. PROVIDED IT DOES NOT
PREJUDICE
502100 - ITEMS THAT MAY BE OBJECTS INTENDED
A THIRD PERSON AND IS NOT OF CONTRACTS FOR ANY
(3
ITEMS)
502101 - REQUISITES TO BE AN OBJECT OF A CONTRACT (5
CONTRACT, IT MUST BE __________ ITEMS) - MEANING THAT THE OBJECT
MUST BE CAPABLE OF BEING
FIRMLY DECIDED OR DEFINITELY ASCERTAINED OWNED, POSSESSED, ACQUIRED
WITHOUT THE
NEED OF A NEW CONTRACT OR AGREEMENT
502104 - IS THE ESSENTIAL REASON THY A PARTY ENTERS INTO BETWEEN THE
A CONTRACT.
502105 - REQUISITES OF CAUSE (3 ITEMS)
502106 - CAUSE OR MOTIVE: IS THE ESSENTIAL REASON OF THE
502107 - CAUSE OR MOTIVE: CONTRACT.IS THE PRIVATE OR SECRET
REASON OR INTENTION
502108 - CAUSE OR MOTIVE: THE OF A CONTRACTING
CONTRACT IS VOID PARTY.
IF THE
__________ IS ILLEGAL.
502109 - CAUSE OR MOTIVE: THE VALIDITY OF THE CONTRACT
IS NOT
502110 AFFECTED
- CAUSE BY THE THE
OR MOTIVE: ILLEGALITY
__________OF
OFTHE __________. IS
A CONTRACT
502111ALWAYS
- CAUSEKNOWNOR MOTIVE:TO THE THECONTRACTING PARTIES.
__________ OF ONE PARTY MAY
NOT BE KNOWN TO THE OTHER.
502112 - IS THE INADEQUACY OF CAUSE.
502113 - TYPES OF DEFECTIVE CONTRACTS (4 ITEMS)
ESSENTIAL REQUISITES OF A CONTRACT BUT WHICH MAY BE
SET ASIDE BY REASON OF EQUITY ON ACCOUNT OF DAMAGE TO
502115 - EXAMPLES OF RESCISSIBLE CONTRACTS (5 ITEMS)
SECURE THE REPARATION OF DAMAGES CAUSED TO THEM BY A
CONTRACT, EVEN IF IT SHOULD BE VALID, BY MEANS OF THE
STILL UNFINISHED
TIONS (501001 - STILL UNFINISHED)
OBLIGATION
2. DEBTORJURIDICAL
/ OBLIGOR NECESSITY
/ PASSIVE SUBJECT
3. PRESTATION / OBJECT
4. EFFICIENT CAUSE / OBLIGEE
CREDITOR, VINCULUM ORJURIS / LEGAL
ACTIVE OR JURIDICAL
SUBJECT
DEBTOR, OBLIGOR OR PASSIVE SUBJECT
PRESTATION OR OBJECT
PRESTATION TO GIVE (REAL OBLIGATION), TO DO (PERSONAL
OBLIGATION) OR NOT TO DO (PERSONAL OBLIGATION)
EFFICIENT CAUSE / VINCULUM JURIS / LEGAL OR JURIDICAL TIE
CIVIL OBLIGATION
NATURAL OBLIGATION
THE DEBTOR CAN NO LONGER RECOVER WHAT HE HAS GIVEN.
2. CONTRACTS
3. QUASI-CONTRACTS
4. DELICTS
LAW
NAKASAAD ITO SA ISANG SPECIFIC PROVISION NG BATAS. HINDI
PWEDENG MAG-PE-PRESUME KA LANG NA MAY GANON SA
CONTRACTS
ABOVE THE LAW ANG CONTRACTS. KUNG MAY CONFLICT
BETWEEN THE CONTRACT AND LAW, THE LAW SHALL PREVAIL.
QUASI-CONTRACTS
1. NEGOTIORUM GESTIO
2. SOLUTIO INDEBITI
3. OTHER QUASI-CONTRACTS
NEGOTIORUM GESTIO
GESTOR
WAS ASSUMED TO SAVE THE THING OR BUSINESS FROM
2. IF HE PREFERRED
IMMINENT DANGER WHICH HIS OWN
WILLINTEREST
MAKE THEIR TO THAT OF THE
LIABILITY JOINT
OWNER;
3. IF HE FAILS TO RETURN ABANDONED; AND OR BUSINESS AFTER
THE PROPERTY
2. IF IN FACT THE MANAGER HAS BEEN TACITLY AUTHORIZED BY
SOLUTIO INDEBITI
SOLIDARY
HE RECEIVES THE UNDUE PAYMENT IN BAD FAITH
IN SO FAR AS HE HAS THEREBY BEEN BENEFITED.
DELICT, CRIME OR FELONY
1. RESTITUTION
2. REPARATION
3. ANY PERSON WHO 3. ACTS UNDER THE COMPULSION OF AN
INDEMNIFICATION
PERFORMANCE OF HIS OFFICIALFORCE
IRRESISTIBLE DUTY SUFFERING FROM
BATTERED WOMAN SYNDROME WHO KILLED OR INJURED HIS
PROOF BEYOND REASONABLE DOUBT
PREPONDERANCE OF EVIDENCE
QUASI-DELICTS, TORTS OR CULPA AQUILIANA
CRIME; QUASI-DELICT
QUASI-DELICT; CRIMES
CRIMES; CRIMINAL NEGLIGENCE; QUASI-DELICT
PROOF BEYOND REASONABLE DOUBT; ONLY PREPONDERANCE
WHEN THE PLAINTIFF'S OF EVIDENCE
OWN NEGLIGENCE WAS THE
IMMEDIATE AND PROXIMATE CAUSE OF HIS INJURY.
FATHER
GUARDIANS
OWNERS AND MANAGERS
EMPLOYERS
TEACHERS
SOLIDARY
DETERMINATE
2. TO DELIVER THE THING
3. TO DELIVER THE FRUITS OF THE THING
4. TO DELIVER1.THEWHAT IS MANDATED
ACCESSIONS AND BY LAW
ACCESSORIES OF THE
2. WHAT IS1.STIPULATED
NATURAL FRUITSBY THE PARTIES
2. INDUSTRIAL FRUITS
3. CIVIL FRUITS
NATURAL FRUITS
INDUSTRIAL FRUITS
AT THE TIME THE OBLIGATION CIVIL FRUITS
TO DELIVER THE PRINCIPAL
THING ARISES1. PURE OBLIGATION - UNTIL
(PERSONAL RIGHT DELIVERY OF THE
PERFECTION
SAME WHICH GIVES RISE
2. UPON THE FULFILLMENT OF SUSPENSIVE TO REAL RIGHT)
PERIOD OR
CONDITION
REAL RIGHTIF ANY
PERSONAL RIGHT
ACCESSIONS
ACCESSORIES
THEY ARE INCLUDED UNLESS THE PARTIES STIPULATED
OTHERWISE.
1. SPECIFIC PERFORMANCE
1. TO ASK THAT THE OBLIGATION 2. DAMAGESBE COMPLIED WITH AT THE
EXPENSE OF THE
1. TO HAVE THE OBLIGATION EXECUTED AT DEBTOR; AND
THE EXPENSE OF
THE 2.DEBTOR;
DAMAGES AND
1. TO HAVE THE PERFORMANCE BE UNDONE AT THE DEBTOR'S
2. DAMAGES
EXPENSE; AND
2. DAMAGES
INVOLUNTARY SERVITUDE
SPECIAL CIVIL ACTION FOR MANDAMUS
1. TO DEMAND THAT WHAT HAS BEEN DONE BE UNDONE; AND
2.2.NEGLIGENCE
DAMAGES
3. DELAY
DAMAGES
3. NOMINAL
4. TEMPERATE
ACTUAL DAMAGES OR COMPENSATORY DAMAGES
MORAL DAMAGES
NOMINAL DAMAGES
TEMPERATE OR MODERATE DAMAGES
LIQUIDATED DAMAGES
EXEMPLARY OR CORRECTIVE DAMAGES
FRAUD OR
1. CAUSAL FRAUD OR DOLO
DOLO CAUSANTE
2. INCIDENTAL FRAUD OR DOLO INCIDENTE
3. FRAUDCAUSAL
IN THE FRAUD
PERFORMANCEOR DOLOOF THE OBLIGATION
CAUSANTE
INCIDENTAL FRAUD
CAUSAL FRAUD RENDERS THE CONTRACT VOIDABLE.
THE CONTRACT IS VALID BUT THE PARTY EMPLOYING IT SHALL
BE LIABLE FORFRAUD
1. FUTURE DAMAGES.
2. PAST FRAUD
FUTURE FRAUD
PAST FRAUD (PAGPAPATAWAD ON THE PART OF THE CREDITOR)
NEGLIGENCE OR CULPA
2. CULPA AQUILIANA OR CIVIL NEGLIGENCE (ALSO TORT OR
QUASI-DELICT)
CULPA CONTRACTUAL (DRIVER OF BUS & PASSENGER)
CULPA CRIMINAL (RECKLESS IMPRUDENCE RESULTING IN
PHYSICAL INJURIES)
DELAY, DEFAULT
1. MORA OR MORA
SOLVENDI
2. MORA ACCIPIENDI
3. COMPENSATIO
MORA SOLVENDI MORAE
MORA SOLVENDI EX RE
MORA SOLVENDI EX PERSONA
MORA ACCIPIENDI
COMPENSATIO MORAE
OR EXTRA-JUDICIALLY DEMANDS FULFILLMENT OF THE
2. WHENBUT
OBLIGATION THETHEOBLIGATION EXPRESSLY
DEBTOR FAILS SO DECLARES
TO COMPLY WITH SUCH
3. WHEN TIME IS OF THE ESSENCE OF THE
1. THE OBLIGATIONS ARISE OUT OF THE SAME CAUSE AND MUST CONTRACT
4. WHEN DEMANDATWOULD
BE FULFILLED BE USELESS
1. THE DEBTOR SHALL BETHE SAME
LIABLE TIME
FOR DAMAGES.
2. ONE OF THE PARTIES FULFILLS
2. THE DEBTOR SHALL BE LIABLE FOR ANY FORTUITOUS HIS OBLIGATIONEVENT
EXPENSES FORTO
(OBLIGATIONS THE PRESERVATION
DELIVER OF THE THING.
A DETERMINATE THING).
2. THE DEBTOR MAY RESORT TO THE CONSIGNATION OF THE
FORTUITOUS EVENTS
2. WHEN THE PARTIES HAVE DECLARED LIABILITY EVEN IN
CASE
1. OF FORTUITOUS
CONCLUSIVE EVENT.
PRESUMPTION
THIS SHALL 2. REBUTTABLE
GIVE RISE TO (DISPUTABLE) PRESUMPTION
THE (REBUTTABLE) PRESUMPTION
THAT THE INTEREST HAS BEEN
THIS SHALL GIVE RISE TO THE (REBUTTABLE) PRESUMPTION PAID.
THAT THE PRIOR INSTALLMENTS
(EXCEPT THOSE EXEMPT HAVE BEEN PAID.
BY LAW)
2. ACCION SUBROGATORIA
ACCION SUBROGATORIA
1. IF THE LAW PROHIBITS ACCIO PAULIANA
THE TRANSMISSION OF THE RIGHT
2. IF THE PARTIES AGREED AGAINST TRANSMISSION
3. IF THE RIGHT IS PURE BY ITSOBLIGATION
NATURE NOT TRANSMISSIBLE
CONDITIONAL OBLIGATION
CONDITION
1. SUSPENSIVE CONDITION
2. RESOLUTORY CONDITION
SUSPENSIVE CONDITION
1.RESOLUTORY
POTESTATIVECONDITION
CONDITION
2. CASUAL CONDITION
3. MIXED CONDITION
POTESTATIVE
THE OBLIGATION IS VOID.
THE OBLIGATION IS VALID.
THE OBLIGATION IS VALID WHETHER THE CONDITION IS
SUSPENSIVE OR RESOLUTORY.
CASUAL CONDITION
MIXED CONDITION
1. POSSIBLE CONDITION
2. IMPOSSIBLE CONDITION
POSSIBLE CONDITION
IMPOSSIBLE CONDITION.
1. POSITIVE CONDITION
2. NEGATIVE CONDITION
AS SOON AS THEPOSITIVE CONDITION
TIME EXPIRES WITHOUT THE EVENT
HAPPENING OR IT HAS BECOME INDUBITABLE THAT THE EVENT
WILL NOTCONDITION
NEGATIVE HAPPEN.
AS SOON AS THE TIME INDICATED HAS ELAPSED OR IT HAS
BECOME EVIDENT THAT THECONDITION
1. DIVISIBLE EVENT WILL NOT OCCUR.
2. INDIVISIBLE CONDITION
DIVISIBLE CONDITION
INDIVISIBLE CONDITION
BE DEEMED TO HAVE BEEN MUTUALLY COMPENSATED)
2. UNILATERAL OBLIGATIONS (THE DEBTOR KEEPS THE FRUITS
THE CONDITION IS DEEMED FULFILLED.
OBLIGATION IS EXTINGUISHED
DEBTOR IS OBLIGED TO PAY DAMAGES.
LOST
THE IMPAIRMENT
THE CREDITOR SHALL BECHOOSE
MAY BORNE BY THE CREDITOR.
BETWEEN:
1. RESCISSION, PLUS DAMAGES; AND
THE IMPROVEMENT SHALL INURE
2. FULFILLMENT, PLUSTODAMAGE
THE BENEFIT OF THE
CREDITOR.
THE DEBTOR WILL HAVE THE RIGHTS GRANTED TO A
USUFRUCTUARY.
USUFRUCT
RECIPROCAL OBLIGATIONS
2. FULFILLMENT OF THE OBLIGATION WITH DAMAGES
(ONLY ONE, NOT BOTH; EXCEPT WHEN FULFILLMENT WAS
OBLIGATION WITH A PERIOD
PERIOD
DAY CERTAIN
CONDITION
PERIOD
CONDITION
PERIOD
CONDITION
PERIOD
PERIOD
CONDITION
EX DIE
IN DIEM
LEGAL PERIOD
VOLUNTARY PERIOD.
NATURE AND CIRCUMSTANCESJUDICIAL PERIOD.
IT CAN BE INFERRED THAT A
PERIOD WAS INTENDED.
2. WHEN THE DURATION OF THE PERIOD DEPENDS UPON THE
IT SHALL BE PRESUMED TO HAVE BEEN ESTABLISHED FOR THE
BENEFIT OF BOTH THE CREDITOR AND THE DEBTOR UNLESS
MAGBAYAD NG MAAGA SI DEBTOR
OTHERWISE (BENEFIT OF CREDITOR).
INTENDED.
HINDI RIN NAMANGUARANTIES OR SECURITIES
PWEDENG MAAGANG SINGILIN NI CREDITOR
3. IMPAIRMENT OF THE SAID GUARANTIES OR SECURITIES
4. VIOLATION
HE GIVESOF ANY UNDERTAKING
A GUARANTY IN CONSIDERATION
OR SECURITY FOR THE DEBT. THE
THE DEBTOR GIVES NEW ONES EQUALLY SATISFACTORY.
1. SIMPLE OBLIGATION
2. COMPOUND OBLIGATION
SIMPLE OBLIGATION
COMPOUND OBLIGATION
1. CONJUNCTIVE OBLIGATION
2. DISJUNCTIVE OR DISTRIBUTIVE OBLIGATION
CONJUNCTIVE OBLIGATION
DISJUNCTIVE OR DISTRIBUTIVE OBLIGATION
ALTERNATIVE OBLIGATION
PART OF ONE AND DEBTOR;
PART OFCREDITOR
ANOTHER UNDERTAKING.
2. THE DEBTOR CANNOT CHOOSE
BEEN GIVEN TO HIM) HAS COMMUNICATED THE PRESTATIONS
HIS CHOICEWHICH
TO THE
ARE IMPOSSIBLE, UNLAWFUL OR WHICH
CREDITOR (DEBTOR). COULD NOT HAVE
THE DEBTOR
2. WHEN MAYTHE
AMONG DELIVER ANY OF THE
PRESTATIONS REMAINDER,
WHEREBY OR THAT
THE DEBTOR IS
WHICH REMAINS IF ONLY ONE SUBSISTS.
THE OBLIGATION IS EXTINGUISHED.
THE DEBTOR SHALL PAY THE VALUE OF THE LAST THING THAT
WAS LOST PLUS DAMAGES.
THE DEBTOR'S OBLIGATION IS EXTINGUISHED.
THE DEBTOR THE DEBTOR
SHALL SHALL
DELIVER PAYWHICH
THAT DAMAGES.
THE CREDITOR
SHOULD CHOOSE AMONG THE REMAINDER, OR THAT WHICH
REMAINS IF ONLY
THE OBLIGATION SHALLONE EXTINGUISHED.
SUBSISTS.
THE CREDITOR MAY CLAIM ANY OFBE
THOSE SUBSISTING, OR THE
PRICE OF ANY OF THOSE WHICH WERE LOST THROUGH THE
THE CREDITOR MAY CLAIM
DEBTOR'S FAULT THE
PLUSPRICE OF ANY OF THE
DAMAGES.
PRESTATIONS PLUS DAMAGES.
FACULTATIVE OBLIGATION
THE DEBTOR SHALL PAY DAMAGES.
THE DEBTOR STILL HAS THE OBLIGATION TO DELIVER THE
THE DEBTOR STILL HAS PRINCIPAL THING.
THE OBLIGATION TO DELIVER THE
PRINCIPAL THING.
THE DEBTOR STILL HAS THE OBLIGATION TO DELIVER THE
THE DEBTOR STILL SUBSTITUTE THING. TO DELIVER THE
HAS THE OBLIGATION
SUBSTITUTE THING.
THE DEBTOR SHALL PAY DAMAGES.
JOINT OBLIGATION
SOLIDARY
1. PASSIVE OBLIGATION
SOLIDARITY
2. ACTIVE SOLIDARITY
3. MIXED SOLIDARITY
PASSIVE SOLIDARITY
ACTIVE SOLIDARITY
MIXED SOLIDARITY
SOLIDARY OBLIGATION
JOINT OBLIGATION
SOLIDARY OBLIGATION
JOINT OBLIGATION
SOLIDARY OBLIGATION
JOINT OBLIGATION
SOLIDARY OBLIGATION
JOINT OBLIGATION
SOLIDARY OBLIGATION
JOINT
2. WHEN THE LAW REQUIRES SOLIDARITY
MADE THETHE
3. WHEN REMISSION
NATURESHALL
OF THEBEOBLIGATION
LIABLE TO THE OTHER
REQUIRES
CREDITOR(S).
CREDITORS, THE ASSIGNMENT IS NOT VALID THEN.WHO
IF APPLICABLE, THE SOLIDARY DEBTOR
OBTAINED
ACCORDINGLY, THEYTHE CANREMISSION MAY NOT
RECOVER THEIR DEMAND SHARES
RESPECTIVE
FROM THE ASSIGNING CREDITOR IN
JOINT INDIVISIBLE CASE THE ASSIGNEE WHO
OBLIGATION
INDIVISIBILITY; SOLIDARITY
DIVISIBLE OBLIGATION
2. WHEN THE OBLIGATION HAS FOR ITS OBJECT THE
ACCOMPLISHMENT OF WORK BY METRICAL UNITS
INDIVISIBLE OBLIGATION
3. THOSE WHERE THE OBJECT OR SERVICE IS PHYSICALLY
DIVISIBLE BUT IT IS INDIVISIBLE BY PROVISION OF LAW
OBLIGATION WITH A PENAL CLAUSE
PENAL CLAUSE
1. LEGAL
2. CONVENTION
LEGAL PENAL CLAUSE
CONVENTIONAL PENAL CLAUSE
1. SUBSIDIARY
2. JOINT
SUBSIDIARY PENAL CLAUSE
JOINT PENAL CLAUSE
2. WHEN THE DEBTOR REFUSES TO PAY THE PENALTY
2. WHEN3. WHEN THE DEBTOR
THE OBLIGATION IS GUILTY
HAS OF FRAUD IN COMPLIED
BEEN IRREGULARLY THE
WITH BYOF
IT THE NULLITY THE DEBTOR;
THE PENAL CLAUSE.
2. THE NULLITY OF THE 5.PENAL CLAUSE DOES NOT CARRY WITH
COMPENSATION
6. NOVATION
PAYMENT
LEGAL TENDER
PISO COINS;
2. P100.00 FOR DENOMINATIONS OF 1-SENTIMO, 5-SENTIMO, 10-
SENTIMO AND 25-SENTIMO COINS;
INFLATION
DEFLATION
WHERE:
A = AMOUNT
BILLS OF EXCHANGE OR OTHER TO BE PAID AT MATURITY
MERCANTILE DOCUMENTS
B = AMOUNT OF THE OBLIGATION
SHALL PRODUCE THE EFFECT OF PAYMENT ONLY WHEN THEY
HAVESUBSTANTIAL
BEEN CASHEDPERFORMANCE
OR WHEN THROUGH OF ANTHE FAULT OF THE
OBLIGATION
GOOD FAITH, THE OBLIGOR MAY RECOVER AS THOUGH THERE
HAD BEEN STRICT AND COMPLETE FULFILLMENT, LESS
THE OBLIGATION IS DEEMED FULLY COMPLIED WITH.
2. WHEN THE DEBT IS PART LIQUIDATED AND IN PART
UNLIQUIDATED
1. FREE(THE CREDITOR
DISPOSAL MAY
OF THE DEMAND
THING DUE AND THE
2. THE CAPACITY TO ALIENATE THE THING
FREE DISPOSAL OF THE THING DUE
CAPACITY TO ALIENATE THE THING
WITHOUT THE CONSENT OF THE PARENT OR GUARDIAN,
VOLUNTARILY PAYS A SUM OF MONEY OR DELIVERS A FUNGIBLE
STILL UNFINISHED
ACTS (502001 - STILL UNFINISHED)
CONTRACT
ESSENTIAL ELEMENTS
2. OBJECT CERTAIN WHICH IS THE SUBJECT MATTER OF THE
CONTRACT
NATURAL ELEMENTS
ACCIDENTAL ELEMENTS
1. CONSENSUAL
2. REAL
CONSENSUALOR
3. FORMAL SOLEMN
CONTRACTS
REAL CONTRACTS
FORMAL OR1.SOLEMNONEROUS CONTRACTS
2. GRATUITOUS OR LUCRATIVE
3. REMUNERATORY
ONEROUS CONTRACTS
GRATUITOUS OR LUCRATIVE CONTRACTS
REMUNERATORY CONTRACTS
1. PRINCIPAL
2. ACCESSORY
3, PREPARATORY
PRINCIPAL CONTRACT
ACCESSORY CONTRACT
PREPARATORY CONTRACT
1. NOMINATE
2. INNOMINATE
NOMINATE CONTRACTS
INNOMINATE CONTRACTS
2. DO UT FACIAS (I GIVE THAT YOU MAY DO)
2. THE PROVISIONS
3. FACIO UT OFDESTHE OBLIGATIONS
(I DO ANDGIVE)
THAT YOU MAY CONTRACTS
3. THE RULES GOVERNING THE MOST ANALOGOUS NOMINATE
1. COMMUTATIVE
CONTRACTS
2. ALEATORY
COMMUTATIVE CONTRACTS
ALEATORY CONTRACTS
1. UNILATERAL
2. BILATERAL OR SYNALAGMATIC
UNILATERAL CONTRACTS
BILATERAL
1. CONTRACTS CONTRACTS
INVOLVING THINGS
2. CONTRACTS INVOLVING RIGHTS OR CREDITS
3. CONTRACTS 1. EXECUTED
INVOLVING SERVICES
2. EXECUTORY
EXECUTED CONTRACT
EXECUTORY CONTRACT
AUTO-CONTRACT
CONTRACT OF
1. PREPARATION ORADHESION
CONCEPTION
2. PERFECTION OR BIRTH
3. CONSUMATION
PREPARATION OR DEATH OR TERMINATION
OR CONCEPTION
PERFECTION OR BIRTH
CONSUMMATION OR DEATH
2. MUTUALITY OR TERMINATION
OF CONTRACTS
3. RELATIVITY OF CONTRACTS
LIBERTY4. OFCONSENSUALITY OF CONTRACTS
CONTRACT OR FREEDOM TO STIPULATE
PACTUM COMMISSORIUM
TIPO OR UPSET PRICE
UNCONSCIONABLE INTEREST RATE
MUTUALITY OF CONTRACTS
WITH RESPECT TORELATIVITY
THE HEIR, HE OFSHALL
CONTRACTS
NOT BE LIABLE BEYOND
THE VALUE OF THE PROPERTY HE RECEIVED FROM THE
DECEDENT.
CONSENSUALITY OF CONTRACTS
OBLIGATORY FORCE OF CONTRACTS AND COMPLIANCE IN GOOF
FAITH
CONSENT
CERTAIN
BUSINESS ADVERTISEMENTS
INEFFECTIVE
ACCEPTANCE BY COMMUNICATING SUCH WITHDRAWAL, EXCEPT
WHEN THE OPTION IS FOUNDED UPON A CONSIDERATION AS
THE OFFEROR MAY WITHDRAW OPTIONTHE OFFER AT ANYTIME
WITHIN THE OPTION PERIOD PROVIDED THERE HAS NOT YET
LAPSE OF THE PERIOD AGREED
BEEN UPON; OTHERWISE, HE WILL BE
ANY ACCEPTANCE.
LIABLE FOR DAMAGES TO THE OFFEREE FOR BREACH OF
ABSOLUTE ACCEPTANCE
COUNTER-OFFER
IT BINDS THE OFFEROR AT THE TIME THE ACCEPTANCE BY
THE PLACE
LETTERWHERE A CONTRACT
OR TELEGRAM COMESHAS
TOBEEN ENTERED INTO IS
HIS KNOWLEDGE.
PRESUMED TO BE THE SAME PLACE WHERE THE OFFER WAS
WHERE IT WAS MADE.
ENTERED INTO.
EXPRESS ACCEPTANCE
IMPLIED ACCEPTANCE
HIM (THE AGENT)
LEGAL CAPACITY
1. UNEMANCIPATED MINORS
2. INSANE OR DEMENTED PERSONS
3. DEAF-MUTES WHO DO NOT KNOW HOW TO WRITE
EMANCIPATION
LUCID INTERVAL; LUCID INTERVAL
VOIDABLE
UNENFORCEABLE
VALID
VOIDABLE
VOIDABLE
2. INTIMIDATION
3. VIOLENCE
4. UNDUE INFLUENCE
MISTAKE
INVALID CONSENT
INVALID CONSENT
INVALID CONSENT
INVALID CONSENT
VALID
VALID CONSENT (E.G., AMISTAKE
CONSENT (SUCH THING ISSHALL ONLY
SOLD AT BE CORRECTED.)
A VERY LOW PRICE.
BUYER THEN ALLEGES THAT THE THING
XPN: WHEN ONE PARTY IS UNABLE TO READ OR DOESSOLD TO HIMNOT
HAS
BEEN STOLEN BY THE SELLER FROM ANOTHER
UNDERSTAND THE LANGUAGE OF THE CONTRACT, IF MISTAKE PERSON.)
OR FRAUD IS ALLEGED, THE PERSON ENFORCING THE
VIOLENCE
INTIMIDATION
1. AGE
NO INTIMIDATION EXISTS IN2.CASE SEX OF A THREAT TO ENFORCE
3. CONDITION
ONE'S CLAIM THROUGH COMPETENT OF THEAUTHORITY,
PERSON IF THE CLAIM
IS JUST AND
UNDUE LEGAL.
INFLUENCE
DOLO CAUSANTE OR CAUSAL FRAUD
ACTIVE FRAUD
PASSIVE FRAUD
INCIDENTAL FRAUD ONLY OBLIGES THE PERSON EMPLOYING IT
THE BAD FAITH OF ONE TOWILL NEGATE THE BAD FAITH OF THE
PAY DAMAGES.
OTHER. THE LAW WILL CONSIDER BOTH OF THEM IN GOOD
FAITH; HENCE,NO THE CONTRACT
FRAUD WILL BE VALID.
EXISTS.
NO FRAUD EXISTS.
SIMULATED CONTRACT
1. ABSOLUTELY SIMULATED
2. RELATIVELY SIMULATED
ABSOLUTELY SIMULATED CONTRACT
RELATIVELY SIMULATED CONTRACT
1. THINGS
3. MUST NOT BE CONTRARY2.TO RIGHTS
LAW, MORALS, GOOD CUSTOMS,
PUBLIC ORDER AND PUBLIC POLICY
WITHIN THE COMMERCE OF MEN
DETERMINABLE
CAUSEEXIST.
1. IT MUST
2. IT MUST BE LAWFUL.
3. IT MUST
CAUSEBE TRUE.
MOTIVE
CAUSE
MOTIVE
CAUSE
MOTIVE
LESION
2. VOIDABLE CONTRACT
3. UNENFORCEABLE CONTRACT
RESCISSIBLE CONTRACT
3. CONTRACTS UNDERTAKEN IN FRAUD OF CREDITORS WHEN
THE LATTER CANNOT IN ANY MANNER COLLECT THE CLAIMS
RESCISSION
STILL UNFINISHED
RFBT - CONTRACTS (502001 - STILL UNFINISHED)
TWO PERSONS WHEREBY ONE BINDS HIMSELF, WITH
RESPECT
502002 - TO ARETHE OTHER, TO
ELEMENTS OF GIVE SOMETHING
A CONTRACT OR TO
WITHOUT
WHICH
502003 THERE WOULD
- ESSENTIAL ELEMENTSBE NOOFCONTRACT.
A CONTRACT (3
502004 - ARE ELEMENTS OF A CONTRACT WHICH ARE
ITEMS)
FOUND IN CERTAIN CONTRACTS UNLESS SET ASIDE OR
502005 - ARESUPPRESSED
ELEMENTS OFBY A CONTRACT
THE PARTIES. WHICH REFER
TO PARTICULAR STIPULATIONS OF
502006 - CLASSIFICATION OF CONTRACTS ACCORDING THE PARTIES.
502007TO- PERFECTION
ARE CONTRACTS OR FORMATION (3 ITEMS) BY
THAT ARE PERFECTED
502008 - ARE CONTRACTS MERE THAT
CONSENT.
ARE PERFECTED BY THE
DELIVERY OF THE
502009 - ARE CONTRACTS WHICH OBJECT OF THE CONTRACT.
MUST BE IN THE FORM
PROVIDED BY LAW FOR THEIR PERFECTION.
502010 - CLASSIFICATION OF CONTRACTS ACCORDING
TO CAUSE (3 WHERE
502011 - ARE CONTRACTS ITEMS) THERE IS AN
502012EXCHANGE
- ARE CONTRACTSOF VALUABLE
WHERE CONSIDERATIONS.
ONE PARTY RECEIVES
NO EQUIVALENT CONSIDERATION.
502013 - ARE CONTRACTS WHERE THE CAUSE IS THE
502014 - SERVICE
CLASSIFICATION OF CONTRACTS
OR BENEFIT REMUNERATED. ACCORDING
TO IMPORTANCE OR DEPENDENCE OF ONE UPON
502015 - IS A CONTRACTANOTHER (3 ITEMS)
THAT CAN STAND BY ITSELF.
502016 - IS A CONTRACT WHOSE EXISTENCE DEPENDS
UPON ANOTHER
502017 - IS A CONTRACT WHICHCONTRACT.
SERVES AS A MEANS BY
WHICH- CLASSIFICATION
502018 OTHER CONTRACTS MAY BE ENTERED
OF CONTRACTS INTO.
ACCORDING
TO NAME OR DESIGNATION
502019 - ARE CONTRACTS WHICH HAVE A NAME UNDER(2 ITEMS)
502020 - ARE CONTRACTS THEWITHOUT
LAW. ANY NAME UNDER
THE LAW.
502021 - EXAMPLES OF INNOMINATE CONTRACTS (4
502022 - RULES THAT GOVERN ITEMS)INNOMINATE CONTRACTS
502023 - CLASSIFICATION (4 ITEMS)
OF CONTRACTS ACCORDING
TO RISK OR FULFILLMENT
502024 - ARE CONTRACTS WHERE THE (2 ITEMS)
PARTIES GIVE
EQUIVALENT VALUES.
502025 - ARE CONTRACTS WHOSE FULFILLMENT
DEPENDS UPON
502026 - CLASSIFICATION CHANCE. ACCORDING
OF CONTRACTS
502027 TO - ARETHE PARTIES OBLIGATED
CONTRACTS WHERE ONLY (2 ITEMS)
ONE OF THE
PARTIES IS OBLIGATED TO GIVE OR
502028 - ARE CONTRACTS WHERE BOTH PARTIES ARE DO SOMETHING.
502029 REQUIRED TO GIVEOF
- CLASSIFICATION OR DO SOMETHING.
CONTRACTS ACCORDING
TO SUBJECT MATTER (3 ITEMS)
502030 - CLASSIFICATION OF CONTRACTS ACCORDING
TO THE TIME OF FULFILLMENT (2 ITEMS)
502031 - IS A CONTRACT WHICH HAS BEEN PERFORMED.
502032 - IS A CONTRACT THAT HAS NOT YET BEEN
502033 - IS A CONTRACT WHERE ONLY ONE PERSON
PERFORMED.
REPRESENTS THE TWO OPPOSITE PARTIES TO THE
BY ONLY ONE PARTY, WHILE THE OTHER PARTY MERELY
CONTRACT.
AFFIXES HIS SIGNATURE SIGNIFYING HIS ADHESION
502035 - STAGES OF A CONTRACT (3 ITEMS)
PRELIMINARY NEGOTIATIONS AND BARGAINING,
DISCUSSION
WHEN THERE OF IS ATERMS
MEETING ANDOFCONDITIONS,
MINDS BETWEEN WITH THE
NO
PARTIES
WHEN THEONPARTIES
A DEFINITE SUBJECT
FULFILL MATTER AND
OR PERFORM THE ATERMS
VALID
AGREED UPON IN THE CONTRACT, CULMINATING IN THE
502039 - BASIC PRINCIPLES OF CONTRACTS (5 ITEMS)
ESTABLISH SUCH STIPULATIONS, CLAUSES, TERMS AND
CONDITIONS AS THEY MAY DEEM CONVENIENT,
AUTOMATICALLY BECOMES THE OWNER OF THE
PROPERTY
CONTRACTS PLEDGED BELOW OR WHICH
MORTGAGED IF THE DEBTOR
THE MORTGAGED
DEFAULTS IN HIS PAYMENT
PROPERTY IS NOT SUPPOSED TO BE SOLD (VOID BECAUSE CONTRARY
AT THE
502043 - MEANS UNREASONABLY
FORECLOSURE SALE (VOID BECAUSE IT IS CONTRARY EXCESSIVE RATE OFTO
ANOTHER PERSON WOULD SUFFER
INTEREST (VOID BECAUSE IT IS CONTRARY TO MORALS). SERIOUS HARM OR
OTHERASSERTS THAT THE CONTRACT MUST BIND BOTH OR
FORMS OF ABUSE OR PHYSICAL RESTRAINT,
THREAT OF ABUSE OR
CONTRACTING HARM, AND
PARTIES OR COERCION
ITS VALIDITY INCLUDING
OR
COMPLIANCE CANNOT BE LEFT TO THE WILL OFHEIRS,
BETWEEN THE PARTIES, THEIR ASSIGNS AND ONE OF
EXCEPT502047 - RULE
WHERE THEONRIGHTS
THE LIABILITY OF HEIRS WITH
AND OBLIGATION ARE NOT
RESPECT
502048 - ISTO THE OBLIGATIONS
A BASIC PRINCIPLE OFOF THEIR DECEDENT
CONTRACTS WHICH
ASSERTS THAT PASSED
(IN ONTO
GENERAL) THEM
CONTRACTS ARE
ASSERTS THAT OBLIGATIONS ARISING FROM
CONTRACTS PERFECTED
SHALL HAVEBY THEMEREFORCECONSENT.
502050 - IS THE MANIFESTATION OF THEOF LAW BETWEEN
MEETING OF THE
THE
OFFER CONTRACTING
AND THEOFFER PARTIES
ACCEPTANCE ANDUPONSHOULD BE
THE THING COMPLIED
AND THE
502051 - THE MUST BE __________ BECAUSE
CAUSE
THERE WHICH
COULD BE ARE
NO TO CONSTITUTE
MEETING OF THEIF
MINDS CONTRACT.
IT IS VAGUE
502052 - __________ OF THIS FOR SALE ARE NOT
DEFINITE OFFERS,OR BUTNOTMEREDEFINITE.
INVITATIONS TO MAKE AN
DEATH,OFFER CIVIL INTERDICTION,
UNLESS IT APPEARS INSANITY OR INSOLVENCY
OTHERWISE.
502054 - TIMEPARTY
OF EITHER WHEN(OFFEROR
THE OFFEROR MAY WITHDRAW
OR OFFEREE) BEFORE HIS
OFFER IF HE HAS ALLOWED THE
502055 - IS A CONTRACT WHEREBY THE OFFEROR GIVES OFFEREE A CERTAIN
THE OFFEREE PERIODPERIOD
A CERTAIN TO ACCEPT.WITHIN WHICH TO BUY
502056 - RIGHT OF THE OFFEROR TO WITHDRAW THE
OROFFER
NOT TOIFBUY A CERTAIN OBJECT FOR
THERE IS NO CONSIDERATION FOR THE A FIXED PRICE.
502057 - RIGHT OF THEOPTION OFFEROR TO WITHDRAW THE
OFFER -IF
502058 ISTHERE IS A CONSIDERATION
THE UNQUALIFIED AND TOTAL FOR THE OPTION
AGREEMENT IN
502059 - IF THE ACCEPTANCE
ACCEPTING A LIABILITY OR RESPONSIBILITY. IS QUALIFIED, IT
CONSTITUTES A _________ AND HAS THE EFFECT OF
502060 - TIME WHEN ACCEPTANCE
REJECTING THE OFFER. MADE BY LETTER OR
TELEGRAM BINDS THE
502061 - PRESUMPTION ON THE PLACE WHERE A OFFEROR
502062 - A CONTRACT CONTRACT
IS GOVERNEDIS MADE BY THE LAW OF THE
PLACE __________.
502063 - IS AN ACCEPTANCE MADE ORALLY OR IN
502064 - IS AN ACCEPTANCE WRITING.WHICH CAN BE INFERRED
502065 FROM THE CONDUCTTHROUGH
- AN OFFER MADE AN AGENT IS
OF THE PARTIES.
ACCEPTED
502066 - IS FROM THE TIME
A PERSON'S IT IS COMMUNICATED
AUTHORITY UNDER LAW TO TO
ENGAGE IN A PARTICULAR _________.
UNDERTAKING OR MAINTAIN A
502067 - PERSONS WHO CANNOT
PARTICULAR GIVE CONSENT TO A
STATUS.
CONTRACT (3 ITEMS)
502068 - TAKES PLACE BY THE ATTAINMENT OF THE AGE
DEMENTED OFPERSONS
MAJORITYDURINGWHICH IS 18 YEARS.
_________ ARE VALID.
__________ REFERS TO THE PERIODENTERED
502070 - STATUS OF CONTRACTS INTO
OF TEMPORARY
WHEREIN ONE PARTY IS INCAPACITATED
502071 - STATUS OF CONTRACTS ENTERED INTO TO GIVE
WHEREIN CONSENT
502072BOTH PARTIES
- STATUS OF AARE INCAPACITATED
CONTRACT WHEREINTO ANGIVE
CONSENT
INCAPACITATED PERSON PAYS A REASONABLE PRICE
502073
FOR FOOD- STATUS ANDOF CONTRACTS
OTHER NECESSARIESAGREED TO IN
SOLD TOA HIM.
STATE
502074
OF DRUNKENNESS OR DURING HYPNOTIC SPELL IS
- STATUS OF CONTRACTS WHERE CONSENT
GIVEN THROUGH MISTAKE, VIOLENCE, INTIMIDATION,
502075 UNDUE
- VICESINFLUENCE
OF CONSENT OR FRAUD
(5 ITEMS)
502076
502077 - IS AN
- VALID ORERROR
INVALID INCONSENT:
UNDERSTANDING MISTAKEFACTS.
REFERS
TO THE SUBSTANCE OF THE THING WHICH IS THE
TO THOSE CONDITIONS
OBJECT OF THE WHICH HAVE PRINCIPALLY
CONTRACT.
MOVED ONE OR BOTH
TO THE IDENTITY OR QUALIFICATIONS PARTIES TO ENTER
OF ONEINTO OFTHE
THE
PARTIES AND SUCH IDENTITY OR
TO THE LEGAL EFFECT OF AN AGREEMENT WHEN THE QUALIFICATIONS HAVE
REAL PURPOSE
502081 - VALID OR OF THE PARTIES
INVALID CONSENT: IS FRUSTRATED
MISTAKE REFERS AND
TO A SIMPLE MISTAKE OF ACCOUNT.
502082 - VALID OR INVALID CONSENT: THE PARTY
ALLEGING
502083 - RULE MISTAKE
ON WHOKNEW HASTHE THEDOUBT,
BURDENCONTINGENCY
OF PROOF
OR
WITH RISK
REGARD AFFECTING
TO THE THE OBJECT
ALLEGATIONS OF A
OF CONTRACT.
MISTAKE ORIS
WREST CONSENT, SERIOUS OR IRRESISTIBLE FORCE
EMPLOYED (WHETHER FRAUD
BY ONE OF THE CONTRACTING
REASONABLE AND WELL-GROUNDED FEAR OF AN
PARTIES
IMMINENT AND GRAVE OR
TO THE OTHER EVIL A THIRD
UPON HISPERSON WHO
PERSON ORDID
502086 - FACTORS TO BE CONSIDERED
PROPERTY, OR UPON THE PERSON OR PROPERTY OF IN DETERMINING
THE DEGREE OF INTIMIDATION (3 ITEMS)
502087 - WHEN NO INTIMIDATION EXISTS
IMPROPER ADVANTAGE OF HIS POWER OVER THE WILL
OF ANOTHER, DEPRIVING THE LATTER OF A REASONABLE
502089 - KIND
INSIDIOUS WORDS OF FRAUD THAT VITIATES
OR MCHINATIONS CONSENT
OF ONE OF THE
CONTRACTING PARTIES, THE OTHER IS INDUCED TO
DISCLOSE
ENTER INTO FACTS, WHEN THERE
A CONTRACT WHICH, ISWITHOUT
A DUTY TO REVEAL
THEM, HE
THEM, AS WHEN THE PARTIES ARE
502092 - IF CAUSAL FRAUD VITIATES CONSENT, EFFECT BOUND BY
502093 - OF INCIDENTAL
EFFECT FRAUDHAS
WHEN FRAUD TO ABEEN
CONTRACT
EMPLOYED BY
BOTH CONTRACTING
EXAGERRATIONS IN TRADE IN ORDER TO OBTAIN PARTIES
OPINION CONSENT,
IN ORDER WHEN THE OTHER
TO OBTAIN PARTYUNLESS
CONSENT, HAD ANMADE
BY AN EXPERT AND THE OTHER PARY HASINTEND
502096 - IS A CONTRACT THAT DOES NOT RELIED TO
ON
HAVE ANY LEGAL EFFECT ON OR CHANGE IN THE
502097 JURIDICAL
- KINDS OFSITUATION
SIMULATED OF THE PARTIES.
CONTRACTS (2 ITEMS)
502098 - IS A SIMULATED CONTRACT WHERE THE
PARTIES DO NOT INTEND TO BE BOUND
PARTIES HERE ARE BOUND BY THEIR REAL AGREEMENT AT ALL. BEING
FICTITIOUS IT IS VOID.
PROVIDED IT DOES NOT PREJUDICE A THIRD PERSON
502100
AND - ITEMS
IS NOT THAT MAY
INTENDED FOR BEANY
OBJECTS
PURPOSE OF CONTRACTS
CONTRARY TO (3
ITEMS)
502101 - REQUISITES TO BE AN OBJECT OF A CONTRACT
CONTRACT, IT MUST BE __________ (5 ITEMS) - MEANING THAT THE
OBJECT MUST BE CAPABLE OF BEING OWNED,
BEING FIRMLY
POSSESSED, DECIDEDAND
ACQUIRED OR DEFINITELY
TRANSFERRED ASCERTAINED
FROM ONE
WITHOUT THE NEED OF A NEW
502104 - IS THE ESSENTIAL REASON THY A PARTYCONTRACT OR
ENTERS INTO A CONTRACT.
502105 - REQUISITES OF CAUSE (3 ITEMS)
502106 - CAUSE OR MOTIVE: IS THE ESSENTIAL REASON
502107 - CAUSE OROF THE CONTRACT.
MOTIVE: IS THE PRIVATE OR SECRET
REASON OR INTENTION
502108 - CAUSE OR MOTIVE: THE OF A CONTRACTING
CONTRACT ISPARTY.VOID IF
502109 - CAUSE OR MOTIVE: THE
THE __________ IS ILLEGAL. VALIDITY OF THE
CONTRACT
502110 -IS NOT AFFECTED
CAUSE OR MOTIVE: BYTHE
THE__________
ILLEGALITYOF OFATHE
__________.
CONTRACT IS ALWAYS KNOWN TO THE CONTRACTING
502111 - CAUSE OR MOTIVE: PARTIES. THE __________ OF ONE
PARTY MAY NOT BE KNOWN TO THE OTHER.
502112 - IS THE INADEQUACY OF CAUSE.
502113 - TYPES
ESSENTIAL OF DEFECTIVE
REQUISITES CONTRACTS
OF A CONTRACT (4 ITEMS)
BUT WHICH MAY
BE SET ASIDE BY REASON OF EQUITY ON ACCOUNT OF
502115 - EXAMPLES
DAMAGE TO ONE OFOF THERESCISSIBLE
PARTIES ORCONTRACTS
UPON A THIRD (5
TO SECURE THE REPARATION ITEMS) OF DAMAGES CAUSED TO
THEM BY A CONTRACT, EVEN IF IT SHOULD BE VALID, BY
MEANS OF THE RESTORATION OF THINGS TO STILL THEIRUNFINISHED
ACTS (502001 - STILL UNFINISHED)
CONTRACT
ESSENTIAL ELEMENTS
2. OBJECT CERTAIN WHICH IS THE SUBJECT MATTER OF
THE CONTRACT
NATURAL ELEMENTS
ACCIDENTAL ELEMENTS
1. CONSENSUAL
2. REAL
CONSENSUALOR
3. FORMAL SOLEMN
CONTRACTS
REAL CONTRACTS
FORMAL OR 1.SOLEMN
ONEROUS CONTRACTS
2. GRATUITOUS OR LUCRATIVE
3. REMUNERATORY
ONEROUS CONTRACTS
GRATUITOUS OR LUCRATIVE CONTRACTS
REMUNERATORY
1. PRINCIPALCONTRACTS
2. ACCESSORY
3, PREPARATORY
PRINCIPAL CONTRACT
ACCESSORY CONTRACT
PREPARATORY CONTRACT
1. NOMINATE
2. INNOMINATE
NOMINATE CONTRACTS
INNOMINATE CONTRACTS
2. DO UT FACIAS (I GIVE THAT YOU MAY DO)
3. FACIO UT DESCONTRACTS
(I DO THAT YOU MAY GIVE)
3. THE RULES GOVERNING
1. COMMUTATIVETHE MOST ANALOGOUS
2. ALEATORY
COMMUTATIVE CONTRACTS
ALEATORY CONTRACTS
1. UNILATERAL
2. BILATERAL OR SYNALAGMATIC
UNILATERAL CONTRACTS
BILATERALINVOLVING
1. CONTRACTS CONTRACTS THINGS
2. CONTRACTS INVOLVING RIGHTS OR CREDITS
3. CONTRACTS 1. EXECUTED
INVOLVING SERVICES
2. EXECUTORY
EXECUTED CONTRACT
EXECUTORY CONTRACT
AUTO-CONTRACT
CONTRACT OF
1. PREPARATION ORADHESION
CONCEPTION
2. PERFECTION OR BIRTH
3. CONSUMATION
PREPARATION OR DEATH OR TERMINATION
OR CONCEPTION
PERFECTION OR BIRTH
CONSUMMATION
2. MUTUALITY OR DEATH OR TERMINATION
OF CONTRACTS
3. RELATIVITY OF CONTRACTS
LIBERTY4. OF CONSENSUALITY
CONTRACT OR FREEDOM OF CONTRACTS
TO STIPULATE
PACTUM COMMISSORIUM
TIPO OR UPSET PRICE
UNCONSCIONABLE INTEREST RATE
MUTUALITY OF CONTRACTS
WITH RESPECT RELATIVITY
TO THE HEIR, OF CONTRACTS
HE SHALL NOT BE LIABLE
BEYOND THE VALUE OF THE PROPERTY HE RECEIVED
FROM THE DECEDENT.
CONSENSUALITY OF CONTRACTS
OBLIGATORY FORCE OF CONTRACTS AND COMPLIANCE
IN GOOF FAITH
CONSENT
CERTAIN
BUSINESS ADVERTISEMENTS
INEFFECTIVE
ACCEPTANCE BY COMMUNICATING SUCH WITHDRAWAL,
EXCEPT WHEN THE OPTION IS FOUNDED UPON A
THE OFFEROR MAY WITHDRAW OPTIONTHE OFFER AT ANYTIME
WITHIN THE OPTION PERIOD PROVIDED THERE HAS NOT
THE LAPSE OFYET THEBEENPERIODANYAGREED UPON; OTHERWISE,
ACCEPTANCE.
HE WILL BE LIABLE FOR DAMAGES TO THE OFFEREE FOR
ABSOLUTE ACCEPTANCE
COUNTER-OFFER
IT BINDS THE OFFEROR AT THE TIME THE ACCEPTANCE
THE
BY PLACEOR
LETTER WHERE
TELEGRAMA CONTRACT
COMES HAS BEEN
TO HIS ENTERED
KNOWLEDGE.
INTO IS PRESUMED TO BE THE SAME PLACE WHERE THE
WHERE OFFER
IT WAS WAS MADE. INTO.
ENTERED
EXPRESS ACCEPTANCE
IMPLIED ACCEPTANCE
HIM (THE AGENT)
LEGAL CAPACITY
1. UNEMANCIPATED MINORS
2. INSANE OR DEMENTED PERSONS
3. DEAF-MUTES WHO DO NOT KNOW HOW TO WRITE
EMANCIPATION
LUCID INTERVAL; LUCID INTERVAL
VOIDABLE
UNENFORCEABLE
VALID
VOIDABLE
VOIDABLE
2. INTIMIDATION
3. VIOLENCE
4. UNDUE INFLUENCE
MISTAKE
INVALID CONSENT
INVALID CONSENT
INVALID CONSENT
INVALID CONSENT
VALID CONSENT (SUCH MISTAKE SHALL ONLY BE
CORRECTED.)
PRICE. BUYER THEN ALLEGES THAT THE THING SOLD TO
HIM UNDERSTAND
NOT HAS BEEN STOLEN BY THE SELLER
THE LANGUAGE FROM
OF THE ANOTHER
CONTRACT, IF
MISTAKE OR FRAUD IS ALLEGED, THE PERSON
VIOLENCE
INTIMIDATION
1. AGE
NO INTIMIDATION EXISTS 2. SEX
IN CASE OF A THREAT TO
ENFORCE ONE'S CLAIMOF
3. CONDITION THE PERSON
THROUGH COMPETENT
AUTHORITY, IFUNDUE
THE CLAIMINFLUENCE AND LEGAL.
IS JUST
DOLO CAUSANTE OR CAUSAL FRAUD
ACTIVE FRAUD
PASSIVE FRAUD
INCIDENTAL FRAUD ONLY OBLIGES THE PERSON
THE BAD FAITH OF ONE WILL
EMPLOYING IT TONEGATE THE BAD FAITH OF
PAY DAMAGES.
THE OTHER. THE LAW WILL CONSIDER BOTH OF THEM IN
GOOD FAITH; HENCE, THE CONTRACT
NO FRAUD EXISTS. WILL BE VALID.
NO FRAUD EXISTS.
SIMULATED CONTRACT
1. ABSOLUTELY SIMULATED
2. RELATIVELY SIMULATED
ABSOLUTELY SIMULATED CONTRACT
RELATIVELY SIMULATED CONTRACT
1. THINGS
3. MUST NOT BE CONTRARY 2. RIGHTSTO LAW, MORALS, GOOD
CUSTOMS, PUBLIC ORDER AND PUBLIC POLICY
WITHIN THE COMMERCE OF MEN
DETERMINABLE
CAUSE
1. IT MUST EXIST.
2. IT MUST BE LAWFUL.
3. IT MUST
CAUSE BE TRUE.
MOTIVE
CAUSE
MOTIVE
CAUSE
MOTIVE
LESION
2. VOIDABLE CONTRACT
3. UNENFORCEABLE CONTRACT
RESCISSIBLE
ARE THE OBJECT CONTRACT
THEREOF.
3. CONTRACTS UNDERTAKEN IN FRAUD OF CREDITORS
WHEN THE LATTER CANNOT RESCISSIONIN ANY MANNER COLLECT
STILL UNFINISHED
AUDIT - OVERVIEW OF AUDITNG (601001 - STILL UNFINISHED)
ISSUED BY THE BOARD OF ACCOUNTANCY, WHETHER HE/SHE
BE601002
IN PUBLIC PRACTICE,
- SCOPE INDUSTRY,
OF PRACTICE COMMERCE, THE
OF ACCOUNTANCY INPUBLIC
THE
PHILIPPINES (4 ITEMS)
ACCOUNTING FIRMS OR INDIVIDUALLY TO PROVIDE AUDIT AND
ONLY ATTESTATION,
ONE COMPANY. TAXHEPLANNING
PROVIDESAND PREPARATION,
A STAFF FUNCTIONAND WHICH
SUPPORTS THE COMPANY BY PERFORMING
PURSUE A CAREER AS A FACULTY MEMBER IN A SCHOOL, AN ACCOUNTING-
AUTHOR OF AN ACCOUNTING
ACCOUNTING INFORMATION BOOK, A RESEARCHER,
THAT HELP GOVERNMENT A TRAINER
EVIDENCEAGENCIES PLAN, BUDGET,
REGARDING ASSERTIONS FORECAST
ABOUTAND ALLOCATE
ECONOMIC ACTIONS
AND601008 - IS TO
EVENTS A KEY PHRASE THE
ASCERTAIN IN THE DEFINITION
DEGREE OF AUDITING
OF CORRESPONDENCE
WHICH -IMPLIES
601009 INCLUDE A INFORMATION
STRUCTURED, LOGICAL
CONTAINED ANDINORGANIZED
FINANCIAL
SERIES OF STEPS AND PROCEDURES.
STATEMENTS, INTERNAL OPERATING REPORTS AND TAX
601010 - REFERS TO THE CLOSENESS WITH WHICH THE
RETURNS.
ASSERTIONS CAN BE IDENTIFIED
601011 - ARE THE STANDARDS WITH ESTABLISHED
AGAINST WHICH CRITERIA.
THE
ASSERTIONS OR REPRESENTATIONS ARE
601012 - IS THE REPORTING OF THE RESULTS ANALYZED AND JUDGED.
601013 -CONFIRMED IN THE AUDITING
ARE THE INDIVIDUALS WHO USE PROCESS.
(RELY ON) THE
AUDITOR’S FINDINGS.
601014
601015 - EXAMPLES
- REASONS OF WHY INTERESTED
IT IS RARE USERS (5 ITEMS)
THAT OWNERS
(SHAREHOLDERS) OF THE BUSINESS ALSO RUN (CONTROL) THE
IN __________ WHO EMPLOY
BUSINESSSPECIALIST
(2 ITEMS) _________ TO RUN THE
BUSINESS
601017 - ISAND THERETURN
RISK THATTHEUNRELIABLE
PROFITS OF INFORMATION
THE BUSINESS BACK
WILL
BE PROVIDED TO DECISION MAKERS.
601018 - FACTORS THAT CONTRIBUTE TO INFORMATION RISK (4
601019 - WAYS ON HOW INFORMATION ITEMS) RISK MAY BE REDUCED
(3 ITEMS)
601020 - GENERAL TYPES OF AUDIT (3 ITEMS)
FINANCIAL STATEMENTS PREPARED BY AN ENTERPRISE
(AUDITEE)ASSURANCE
OBJECTIVE TO DETERMINE ANDIF SUCH STATEMENTS
CONSULTING ACTIVITY HAVE BEEN
DESIGNED
DETERMINATION
TO ADD VALUEOF WHETHER
AND IMPROVE GOVERNMENT FUNDS ARE
AN ORGANIZATION’S
BEING HANDLED PROPERLY AND IN COMPLIANCE WITH
STATEMENTS
EXISTING LAWS ARE
ANDNOT MATERIALLY
WETHER MISSTATED
THE PROGRAMS THAT
ARE AN
BEING
AUDITOR, EXERCISING PROFESSIONAL SKILL
601025 - IS THE HIGHEST LEVEL OF ASSURANCE AN AUDITOR AND CARE, IS
CAN GIVE,
601026 IF HE CHECKS
- FACTORS EACH THE
THAT LIMIT ANDAUDITOR
EVERY TRANSACTION.
FROM GIVING
ABSOLUTE ASSURANCE (3 ITEMS)
PERSUADE SOMEONE TO BELIEVE IN ITS TRUTH (E.G.,
PROOF OR INQUIRY
CONFIRMATION OFIS REQUIRED
ACCOUNT & EVIDENCE
RECEIVABLE IN ITSELF
FROM 75% OFIS
COMPLETE (E.G., SENDING OF CONFIRMATION LETTER TO ALL
CUSTOMERS AND PURSUING ALL OF THEM UNTIL THEY
F AUDITNG (601001 - STILL UNFINISHED)
PROFESSIONAL ACCOUNTANT OR CERTIFIED PUBLIC
DISTRIBUTION OF GOODS ACCOUNTANT
AND SERVICES; INDUSTRY -
CONVERSION OF RAW MATERIALS TO FINISHED GOODS)
PUBLIC PRACTICE
INDUSTRY & COMMERCE (ALSO PRIVATE ACCOUNTING)
(ACCOUNTING) EDUCATION/ACADEME
GOVERNMENT
AUDITING
SYSTEMATIC PROCESS
ASSERTIONS
DEGREE OF CORRESPONDENCE
ESTABLISHED CRITERIA
ATTESTATION
INTERESTED
2. MANAGEMENTUSERS
1. SHAREHOLDERS3. CREDITORS
ARE NUMEROUS.
4. GOVERNMENTAL
2. THEY OFTEN LACK SPECIFIC MANAGEMENT AGENCIESSKILLS REQUIRED
TO SUCCESSFULLY MANAGE LARGE
BOARD OF DIRECTORS; ENTERPRISES.
MANAGEMENT
INFORMATION
PROVIDERSRISK
2. POTENTIAL BIAS AND MOTIVES OF INFORMATION PROVIDER
2. USER SHARES INFORMATION
3. VOLUMINOUSRISK WITH
DATA MANAGEMENT (I.E.,
HAVING1.AINDEPENDENT
WAY FOR OWNERS FINANCIAL STATEMENTS
TO RECOVER PART OFAUDIT
OPERATING
2. INTERNAL AUDIT
INDEPENDENT 3. GOVERNMENT AUDIT
FINANCIAL STATEMENTS AUDIT
INTERNAL AUDIT
GOVERNMENT AUDIT
REASONABLE (OR HIGH) ASSURANCE
ABSOLUTE ASSURANCE
3. MOST AUDIT EVIDENCE IS PERSUASIVE RATHER THAN
CONCLUSIVE
PERSUASIVE EVIDENCE
CONCLUSIVE EVIDENCE

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101001 - THERE ARE __________ BASICFAR STEPS- ACCOUNTING

IN THE ACCOUNTING PROCESS (101001 - 101052)

AND HAZARD PAY RECEIVED BY MINIMUM WAGE EARNERS

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