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Month: February 2019

Money – The Good Messenger

Posted on February 7, 2019 in Uncategorized

Money is defined as a medium of exchange. Money is anything that is generally acceptable by the general public as a means of payment and settlement of debt. It is a legal tender.

It is anything that is generally accepted by the entire public for the payment for goods and services and settlement of debts around the world.

Without money today in circulation in our various economy, we cannot do any thing tangible like buying and selling of goods and services.

But with the aids of money we can do a lots of shopping and buying of goods and services across many borders and nations.

There are various forms of money among which are

1 bank money
2 bank notes
3 legal tender
4 coins, token money and standard money as well as token money

Now let us look at various qualities of money before accepting it as a good medium of exchange.

QUALITIES OF GOOD MONEY

The followings are the good qualities of money

1 ACCEPTABILITY – Money must be generally accepted by the public before it becomes legal tender and usable.

2 HOMOGENEOUS IN NATURE – Money must be homogeneous in nature. It must be of the same kind, and must be uniform.

3 -DIVISIBILITY – Money must be easily divided into various parts or unit that can be used by the public. It could be shared and divided into smaller parts

4 -PORTABILITY – Money must be very portable. This means that it can be easily carried from one place to another without much stress. It must be able to be carried or transfer from one point to the other.

5 RECOGNITION – Money must be generally recognized by the public before it is regarded as money. Both old and young and the society must recognize it before it is accepted as money.

6 STABILITY – Money must remain stable in the economy before it is regarded as money. It must maintain its stability for a very long period of time before been regarded as money.

7 SCARCITY – Money must be very scarce. It must not be easily found every where to protect the economy from dumping. It must be relatively scarce in nature.

8 SOURCES OF SUPPLY – Money must have a major sources of supply. This means that the major source of money should be from the apex bank which is called central bank that has the sole right to print and issue money out into the circulation.

Now that we have known the qualities of this money, now let us go straight to look at functions of money

FUNCTIONS OF MONEY

There are various functions performed by money among which are

1-MEDIUM OF EXCHANGE-Money serves as a good medium of exchange in our countries today. Without money no financial transaction can take place, therefore it serves a s means of exchange for buying and selling of goods and services.

2-IT SERVES AS MEASURE OF VALUE-This is used to measure the value of goods and services in comparison with amount in monetary value. It is a unit of account

3 STORE OF VALUE-Money is used to store value of wealth and asset for future use. The value of goods and services are bought with money and store for future usage. e. g gold and jewelries.

4 STANDARD FOR DIFFERED PAYMENT-Money serves a standard for defer payment. Payment that cannot be completed today can be deferred and be paid for later in the future.

5 INSTRUMENT FOR ECONOMIC GROWTH-Money serves as a yardstick and standard to measure economic growth in our nations, i.e the GDP and the stock market with the capital market all traded in money.

Above all, since money is the medium of exchange that is generally accepted by the public, it also serves as a good messenger because it goes to various places you send it to go like buying and selling, shopping online, going on vacation, business transactions, etc.

Money obeys all commands and instruction given to it to performed since it is generally accepted by the public.

Also money they said is the root of all evil. Many people today got money with crooked or illegitimate ways which is very bad. They can go to any length to make money irrespective of the consequences.

In the mean time, let us look for better ways of getting and making money rather than involving in the acts that can jeopardize our life and family.

You will get the money at the appointed time when the time comes, wait for it for it will surely come. It will not tarry.

You can get money through the following ways

i. By planning very well about how to make money through legitimate means

ii. By engaging in good business that can yield a very good turnover and profits

iii. By learning profession that is lucrative that converts to huge wealth.

iv.-By study very well and hard in your career and areas of expertise.

v. By not lazy around and be very productive.

Therefore be a good citizen and work towards achieving your financial breakthrough and you will succeed in life.

Remember the future is bright if you can look beyond your present situation. It is well.

Thanks

Am I Supposed to Buy Insurance For My Messenger?

Posted on February 5, 2019 in Uncategorized

What Is Process Serving?

Posted on February 4, 2019 in Uncategorized

Process serving is the task of delivering legal documents to an individual or party on a legal matter or issue. As a citizen of the United States everyone has a constitutional right to complain about any matter legally. To take legal action against any person you must follow the legal process, because it ensures the exercise of fairness within the legal system. You must adhere to proper procedures outlined in state and local jurisdictions to file a lawsuit.

The manner at which documents are submitted is not only very important but crucial to avoid defects in your case. It is possible for a person in general to stumble through the legal process, however improbable. The minutia of legal process and legal jargon can be daunting at times. There is a whole host of technical criteria that must be met to effect the timely conclusion of your case. To negate legal follies, use expert process servers to assist the effective completion of your legal action correctly and without error.

According to local and state laws, all parties must be given notice beforehand when facing legal action in a court of law or administrative tribunal. The notification, which is called service of process, is accomplished through the delivery of a set or series of documents describing the legal action. Legal messengers will deliver all legal documents to a defendant or an individual involved in your case on the behalf and direction of the offended party. After service has been affected the legal process server will generate a declaration of service outlining the details of service and file it with the appropriate county courthouse. This is known as legal notice in general.

This process is a vital to you winning your case. The details of the serve will be outlined in a document called the proof provided to you by your server. To avoid a dismissal of your suit by server error double check the papers and make sure all paperwork has been filed with the clerk. Not filing your case will cause a dismissal. Simple mistakes in legal process will set your court date further back in time as well as costly re-filing fees. Losing a lawsuit over details and failing service can be debilitating. You should always choose the best process server you can find, this is vital when serving legal documents. Qualified servers can be found on Google and other online directories.

Process Servers should be registered with the county to which they serve however this is not a requirement in all states. Inexperienced servers can provide service to you at a cheaper rate, however professional messengers are held financially, legally, and ethically liable for all lapses in service. The fee for process servicing is dependent on your case, time, and location. Generally you will pay anywhere from 50 dollars to 95 dollars for service, depending on factors. If you need investigations, surveillance, or a stakeout, most process servers offer these services at a discounted rate.

Legal issues and service of the delivery of your documents is best done with a professional server they revel in finding elusive defendants and hard to find subjects. Hiring the right man for the right job here can make this seemingly unyielding task easier. Use process servers to deliver your documents as they are adept at dealing with toxic situations.

Process servers specialize in serving Small Claims, Summons & Complaints, Subpoenas, Claims, Evictions, and Petitions. Other services offered are free people locates, investigations, surveillance, skip-tracing, stakeouts, and Notary work.

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