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08-Feb-2020 04:43

The desire to push the boundaries has been a motivator in many a daring expedition, testing the human spirit and physical abilities to the utmost. Your chance to have a one-to-one lesson with best-selling language expert Paul Noble, try a FREE audio sample of his brand new Mandarin Chinese course.Indulge your adventurous spirit by exploring some associated ‘extreme’ vocabulary. Will you have the survival skills to master our quiz? Whenever I write about backdating, many people write in to tell me that backdating’s not illegal; you just have to account for it correctly.There are some cases where this approach is not possible.

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The same considerations as regards legal and other due diligence would apply so as to manage the risk of any unintended liabilities being triggered, and to make sure that the legal transfer of the relevant assets is completed.This could involve putting in place a business transfer agreement now, which is dated when it is actually signed.The agreement could specify, amongst other things, that costs and revenue would be apportioned by reference to the historic effective date, with adjusting payments being made accordingly.Firstly, additional formalities may be needed to complete the legal transfer of assets or granting of rights.

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These may include registering the transfer of land or intellectual property rights, or obtaining third party consents or releases.The document should be dated when it is actually signed, but it can refer to the historic effective date of the transaction.