Essays on Lessor

Intellectual Property Rights and Global Property Rights and Leasing Equipment

Intellectual Property Rights and Global Property Rights and Leasing Equipment Q.1. The existing fair usage exceptions strikes imbalance between the interests of the users and the copyright owners. For one, the exceptions are only limited to permit purposes such as news reporting, giving professional advice, criticism, and study. In this case, such exception does not provide a balanced treatment to the interests of the copyright users particularly in terms of their daily living. Furthermore, the exceptions are only limited to benefit specific users such as educational institutions, libraries, archives, and the media, which encompasses a failure to protect the ...

Introduction

The first antitrust law was formed by the Congress in the year 1890. It was referred to as Sherman Act, and its aim was to ensure that there was economic liberty, by ensuring that the competition in the trade was fair. Later, the Congress passed other two antitrust laws in the year 1914, and these additional laws contained some revision to the first antitrust law. Those laws were the Clayton Law and the Federal Trade Commission Act. The court applies the antitrust law to prevent illegal business practices and unlawful mergers. The main objective of the antitrust law is ...

Section

The Bidding Charterparty invited tenders for the construction of a new cruise-liner, to be called the Ocean Carpathia. Donelly was invited to tender. However, the person responsible for receiving tenders left work early.

ISSUE: WON Donelly Brothers can compel recognition of its bid? HELD: Yes

DISCUSSION: Similar to the case of Blackpool v Blackpool, it is the duty of the entity requesting for bids to inspect all those which have been submitted. In the case at bar, MC Donelly was actually able to submit its bid on time. It is not the fault of the bidder that their documents were not received in time, as it was the responsibility of the ...

At the inception of a capital lease, the lessee should recognize the value of the asset and the liability of the capital lease equivalent to the present value of the lease rentals and bargain option (Simple Studies). The relevant discount rate is the lessor’s implicit rate or the leases after tax cost of borrowing (Simple Studies). The lessee will then depreciate the asset in the same way as a purchased asset. The accounting entries at the inception of the lease are as follows:

Dr Cr

At inception: Asset PV of lease obligations Liability PV of lease obligations At end of ...

Should operational leases be involved in the accounting statements or should they be excluded; case study of an airline industry.

Introduction to research topic and main research question Significant restructuring of airline industries (such as Air China and Emirates) has brought along desirable increase in acquisition of aircrafts and other assets through leasing. The challenge at hand is whether the lease ought to be treated as an operating lease, a finance lease or should be excluded in the accounting all together. Throughout the airline industry internationally, the airlines comprehensively use operating leases for engines, aircraft, fly facilities and airport facilities. Operating leases is a form of off-balance sheet financing because traditionally the accounting standards did not require entities to ...