Name: Jeth A.

Mahusay Date: November 2020

Instructor: Atty. Reeld Holly Rosas Course/Year: BSA- 3

Subject: Business Laws and Regulations

Module 4: Financial Rehabilitation and Insolvency Act of 2010 (RA

No. 10142). Ease of Doing Business and Efficient Government
Services Delivery Act of 2018 (RA No. 11032)

If you really get under it, it's not easy to understand those things. One
such thing is business law or the subject itself of this module 4. It is not an
easy task to understand business. Education and reading about it may
improve your skills, but before you run one of your own, you'll never
understand. Through this kind of course and getting this subject, I gained
such a wonderful experience of running a company ang acquiring
information. As a management accounting undergraduate, it was a trial
ground for me to try every principle of what I studied in my other modules.
My learning has provided me with a driven business approach. The financial
capital that I placed into test if topic in this form. This subject was very
realistic and the amount of money was small, which gave me the confidence
to pursue new ideas, since the possibility was minimal. It was really exciting
to see my classmates create new, creative products to become a platform
for market diversity. In every existing market, a new creative innovation will
make a broad improvement. Businesses are often born with an idea. As a
student specializing in company rules and legislation, the focus was the
cooperative code and financial recovery, which inevitably always interested
me in studying business models and the practical benefit of firms. Despite
the running of my own firm, I was always prompted to work on some
business proposal and do a feasibility report.
 The state's stated strategy is to promote the establishment and growth
of cooperatives as a realistic way of fostering self-reliance and harnessing
the strength of citizens to achieve economic development and social justice.
It allows the private sector to pursue the actual establishment and
organization of cooperatives and provides an environment conducive to the
growth and creation of such cooperatives. Each cooperative shall conduct its
affairs in accordance with Filipino culture, good morals and practice, and the
principles of cooperation, including but not limited to, which are widely
agreed. The Government and all its departments, subdivisions, instruments
and agencies, as I know, shall ensure the provision of technical advice,
financial assistance and other resources to allow such cooperatives to grow
into viable and sensitive economic enterprises, thereby establishing a strong
cooperative movement free of any conditions which could prejudice the
autonomy of the organization. A cooperative is an independent and properly
registered group of individuals with a shared bond of interest who, by
making equal contributions to the resources needed, by patronizing their
goods and services and by embracing a reasonable shake of the costs and
rewards of the company, have voluntarily joined forces to fulfill their social,
economic, and cultural needs and aspirations.

In cooperatives, it is seen positively that without exploitation, it cannot

mutual economic organization. Much reasoning about the role of cooperative
association in today's culture and the modem economy may be based on this
conceptualization. The government of cooperatives must not only be
sustainable and effective, but must be regulated by business democratic
principles. I'll be fascinated by this case, along with the information I read
about it on modular, everything. They demonstrated that he understood that
people could perform them as an attraction so they could put their image by
taking away their profits as well as by putting their image. In addition, in
recent years, the reason why we use to ease doing business to become
relevant is that the new government had made it a political topic in the
previous elections in which they had pledged that if voted to office.

A group of debtors will jointly file a recovery petition if one or more of its
members anticipate the impossibility of debts when they are due and the
financial position of the other member of a group is likely to be affected. The
financial well-being and variability of an insolvent debtor may be recovered
by different means, including but not limited to debt equity forgiveness and
debt rescheduling. The corporation is a continuing problem for the creation
of a new corporate agency. Its binds the whole, jurisdiction over all persons
affected by the proceedings shall be considered as acquired upon publication
of the notice of the commencement of the circulation in the our country
Philippines.

Each business law would grant us the obligations, rights and privileges
of cooperatives to make an equal donation from a corporation that needs to
pay for a company's transactions. The decision to appeal will be accepted by
the membership and each member has the responsibility to contribute to the
distribution of their resources.

The idea embodied in this paper was created largely from my

knowledge with the different proposed strategies I have implemented. While
this topic of law is normally one of the central modules of business laws and
regulations, first of all, I prefer to find law dull and difficult to comprehend. I
finished my rotation for long term recovery. Economic prosperity is a
success factor that is calculated by the state of the community. The status
and living condition of individuals are identified.
 Cooperatives are used as an alternative way to doing what is required
by the government to deliver. This allows individuals to maintain their
everyday needs by learning to spend their resources correctly. The programs
given by the government to open doors for jobs are in connection with this.
In terms of service delivery, economic growth is a measure that determines
the government's consistency, efficacy and performance. It allows to the
people to support their everyday needs to by learning to spend their money
accordingly. For a very long time now, cooperatives have existed. It has
benefited farmers, employees of the government, factory workers.