The rules for the treatment of onerous contracts in an entity`s financial statements are part of International Financial Reporting Standards (IFRS), for which the IAS Board is the independent standard-setter. The governing body, the IFRS Foundation, is a non-profit organisation based in London. The display of the court had become an arduous ceremony, the monarchical principle an intolerable constraint. The move reflects the agency`s recognition that the two-week quarantine rule is burdensome for many people and that most of the public health benefits can be achieved by quarantining people exposed to the virus with a more flexible approach. A contract, lease, share or other right is said to be “onerous” if the obligations associated with it offset or exceed the benefit derived from it, either in absolute terms or in relation to the respective owner. Sweet. As in civil law and in the systems that derive from it (French, Scottish, Spanish, Mexican.) The term also means that it is founded, supported by or refers to a good and valuable consideration, i.e. a counterpart that imposes a charge or charge in return for the benefit granted. Onerous contract.
In Scots law. A good legal consideration. Stressful contrast. See CONTRACT. Difficult act. In Scots law. A certificate given for valuable consideration. Bell.
Boring gift. A gift that is subject to certain pressures imposed by the donor on the recipient. Embarrassing title. Title acquired by the granting of valuable consideration, such as the payment of a sum of money or the provision of services or the satisfaction of conditions, or the assumption or satisfaction of privileges or fees. establish or equip organs; systematize; commissioned; ensure the normal performance of their respective duties. The word “organize”, as used in railway and other contracts, generally means the selection and qualification of all officials necessary for the conduct of the affairs of the enterprise. This is usually done after the subscription of the entire share capital. Nothing is more expensive and ruinous to most nations than the worship of their gods! Help under stressful conditions is not so much help as benevolent coercion. The demand to be an EU state was heavy and living conditions did not improve. Clinicians in several states found the new requirements so onerous that they began writing down all immunization records on paper and typing them into the computer by hand when they have free time. But their biggest star, a master of the sport, could go to jail for much cheaper financial crimes. Persevere in your determination and remain true to your duties, no matter how onerous they may be.
Obama then seems to be trying to tone that down, adding that unions were “understandably wary” of standardized testing — but he doesn`t mention how expensive testing has become. An expensive contract is an accounting term that refers to a contract that costs a company more to perform than the company receives in return. The two had argued, and the assistant had ceased to perform this most arduous task of all. Onerous contracts are contracts where the cost of performing the terms of the contract exceeds the amount of economic benefits received. In onerous contracts, something is given or promised in exchange for the commitment or gift, or a service, interest or condition is imposed on what is given or promised, even if it is not of equal value. Onerous contracts can arise when a company has a contract for the supply of a material that costs more to produce than what is actually stipulated by the terms of the contract. An example of a onerous contract could be an agreement to lease a property that is no longer needed or can no longer be used profitably. Suppose a company signs a multi-year contract to rent office space, and then relocates or downsizes while the agreement is still in effect, leaving the office space for which it no longer has any use. Or imagine a mining company that has signed a lease agreement to extract coal or other product on land, but at some point during the term of the contract, the price of that product drops to a level that makes mining and market launch unprofitable. One is a doctor, the other is the second commander, and the most difficult task is that which is accepted by the “steward”. Arduous, painful, oppressive, demanding to impose difficulties.
Stressful burdens that are tedious and heavy, especially because they are in bad taste. The arduous task of cleaning up the mess suggests causing mental and physical distress. Heavy responsibilities that are oppressive imply extreme harshness or severity in what is imposed. The oppressive tyranny of a police state that demands implies severity or severity rather than tyranny or injustice in the demands made or demanded. An employer demanding Your property has been freed from an extremely heavy burden and the land has been freed from the burden of supporting the state military. International accounting standards (IAS) define an expensive contract as “a contract in which the unavoidable cost of performing the obligations arising from the contract exceeds the expected economic benefits”. IAS 37 requires any entity or entity that identifies a contract as onerous to recognise the current obligation as a liability and to present that liability on its balance sheet.