Obligation Essay Examples

finance

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obligation of delivering the performance, and can therefore lay claim to the advanced payment it has received from the sale of the performance tickets. It will still need to record the receipt of cash as a liability known as deferred revenue or unearned revenue. Each month, of the over the six months of providing the contracted service, the company will record the revenue and reduce the amount of liability CITATION Cam16 l 1033 (Merritt, 2016). By the sixth month, when all the shows have been aired, the liability will have reduced to zero. Cash Recognition of the First Month’s Revenue Financial Statement Effects Template Balance Sheet Transaction Cash Assets + Noncash Assets + Liabilities +...

obligation and it is an attribute of human dignity (Hanna 230). However, there are some instances where it would be immoral to tell the truth, especially when the outcome would jeopardise one's dignity or value. It is morally upright to lie if the outcome will be positive and the latter can lead to the jeopardy of one’s dignity or principles. Instances, where this is applicable, are numerous. The immediate implication is when advising a teenager on matters pertaining to sexual immorality. This is achieved by withholding the real pleasures that are associated with sexual activities from them and only revealing the negative side of it. By lying to them, this will insinuate the right measures that...

obligation does not allow them to disclose it. Research illustrates that the duties of medical practitioners are based on two significant principles: a prevailing utilitarian code of doing no harm and a liberal point of view of patient autonomy (Ortmann et al., 2016). Nonetheless, socio-medical study shows that these standards do not completely reflect the doctor's and patient's opinions and are too constricted to deal with multifaceted circumstances in practice. Doctor's legal responsibilities should thus be qualified and reconsidered when the family is troubled because it is the only way the medical practitioners will be able to recognize the various matters the family members have in genetic...