Manage Factoring and invoice Discounting Agreements Assignment

Manage Factoring and invoice Discounting Agreements - Assignment Example With the (personal property security act) PPSA, there could be an interest in the assurance of ABC PTY Company to pay Azure PTY Company in the supplies it made to them. In addition, that could be like an interest in the trade registrar for the supplies that could be paid for by the ABC PTY Company although there were delays in the government agency to offer the invoice payment in time. Incase the collateral is transferred, the first company to have the financial statement (Factorific) will take the position of the collateral of ABC PTY Company and it will have the first priority. For the creditors in the company whose credit has been solved the priority is given to the first holder of the interest then followed by the holder of the second interest. For the people who purchase negotiable instruments, chattel paper and negotiable documents the priority will first on the purchaser’s interest to have the priority in relation to the security interest in the goods and services negotiated. For the execution creditors, they always have the first chance to have the interest than the unperfected interests. This is only excepted when the same collateral has no the perfect time which subsection does not cover. If ABC PTY Company follows the right procedure and use the right security agency the issue will be solves and the business between ABC PTY Company and Azure PTY Company will be

Why Companies Do not Label Genetically Modified Organisms Essay

Why Companies Do not Label Genetically Modified Organisms - Essay Example Consequently, technological advancement and modern lifestyle have continuously influenced the growth of genetically modified organisms in the global market. According to Editors (Para 2), fourteen states have gone through the toughest period in determining whether to pass legislation that compels genetically modified organisms (GMOs) foods to be labeled in order facilitate consumers with options in products that emanate from genetic engineering and those that are natural. Moreover, the state of California has become the latest in buying the concept of labeling GMOs. In fact, consumers in the United States have claimed that they are entitled to know what ingredients have been incorporated in products during purchase. Nevertheless, the school of thought affiliated to the argument of not labeling GMOs agree to the fact that the only products that might require labeling are those that are highly likely to cause harm to the consumers and as such the labeling serves as a warning piece of information. Bertheau (124) articulates that contrary to what majority of people across the world believe; genetically modified organisms have only one major difference from their counterparts; that if it is easier to determine how safe for consumption they have scientifically been proven to be as opposed to the natural counterparts. Additionally, the concept of genetic engineering has paved the way to the development of plants that have less tidies work such as the use of less amount of water for growth, growing in harsh environmental conditions, and those that are less carbon dioxide. As such, genetic engineering has enabled the production of cheaper food in greater quantities and in a more sustainable way. Of importance to note is that food security and related issues are associated with political issues of any given country across the world.