WebEMPHASIS ON PORMA RATHER THAN SUBSTANCE This lack of analysis and emphasis on form is reinforced by an educational system that is more from than substance These weakness are rooted in many factors: home, social and economic environment; culture and language; history; religion; educational system; mass media; … Web"Equity regards substance rather than form." Equity will not permit justice to be withheld just because of a technicality. Formalities that frustrate justice will be disregarded and a better approach found for each case. Equity enforces the spirit rather than the letter of the law alone. "Equity is equality."
1. List the weaknesses and strengths of Filipino Character
WebOct 1, 2013 · Posted on October 1, 2013 by itsmehyacinth. Porma over substance. I’ve recently encountered this phrase over and over on the reviewers I studied for a … WebSep 23, 2013 · Maxims: Substance over Form. “Equity looks to the intent, and will regard substance rather than form.”. “Under this maxim, throughout the whole of the substantive law, equity deals with a matter according to its actual substance, and regards mere form as a secondary consideration. It pierces through the shell of a thing to what is within ... top horse tracks in usa
Education here is all form and no substance - Bangkok Post
WebDec 13, 2024 · The emphasis in our culture, unfortunately, has increasingly become one of form over substance: too often image matters more than truth. People are so wrapped up in their solitary pursuits of ... WebSubstance over form means the accounting record must reflect with transaction’s economic substance rather than the legal form. Economic substance refers to the true intention behind the transactions. Legal form refers to the clarification of transactions in accordance with the applicable law, regulation, or accounting standard. WebAug 1, 2004 · The spectacular rise and fall of Enron Corp. offers a vivid illustration of how companies can use the legal form of transactions to obscure the economic substance underlying those transactions. The purpose of this paper is to examine Enron’s use of misleading accounting practices in relation to: (1) off-balance-sheet financing; (2) … top horse trailer brands