Corporate and Business Law (Eng) ACCA Paper F4 Format of the Paper 10 compulsory questions each worth 10 marks consisting of: • 7 factual questions (knowledge) • 3 scenario based questions (application). Exam approach – scenario based questions • Follow ISAC approach: Identify the legal issues State the relevant law Apply the law Conclude Core Areas of Syllabus • • • • Essential elements of the legal system The law of obligations Employment law The formation and constitution of business
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accounted barely surpassed the average cost of living in the United States during that time period (in accordance with inflationary rates). President Nixon sent 23,000 U.S. army and marine personnel to handle the mail system, but that failed due to the limited training they possessed working with the massive government operation. Within a week, the government reached an agreement with the worker’s union, allowing for a 14% pay raise for postal workers. As a result, the American Postal Workers Union became
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Partnerships Advantages: Ease of formation Subject to few regulations No corporate income taxes Disadvantages: Limited life Difficult to transfer ownership Unlimited liability Difficult to raise capital 2-5 Corporation Advantages: Unlimited life Easy transfer of ownership Limited liability Ease of raising capital Disadvantages: Cost of formation and reporting Double (or triple) taxation for investor-owned corporations 2-6 Hybrid Forms of Organization Limited partnership
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start-up to a major corporation. List the advantages and disadvantages of each form. Answer: The three main forms of business organization are (1) sole proprietorships, (2) partnerships, and (3) corporations. In addition, several hybrid forms are gaining popularity. These hybrid forms are the limited partnership, the limited liability partnership, the professional corporation, and the s corporation. The proprietorship has three important advantages: (1) it is easily and inexpensively
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Research In Motion Case Study Report MKTG 1102 – Set K Anne Marie Webb-Hughes The Zen Group (Group B) Allysa Bikowski Sam Bryant Sarah Crossin Jeron Dillon Kevin Giles Theresa Lawson David McConville October 22, 2009 0 Problem Identification Research in Motion (RIM) will face considerable challenges moving forward. The most relevant questions at hand for the company are, “How can RIM successfully gain a more significant market share of the consumer market?” and, “How will RIM maintain
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PE buy-outs of market leaders with strong cash flow. The competition for objects that are for sale has amplified, which has resulted in price increases of the objects. The higher prices offered by the PE companies also affects the number of initial public offerings (IPO) on the Dhaka and Chittagong Stock Exchanges. One reason for the small number of current IPOs is that the objects simply have been valued higher by PE companies than they would do in an IPO. PURPOSE: The purpose with this thesis
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which are used to display the application of ICTs in the tourism sector (Almejalli n.d.). The main modern eTourism intermediaries or platforms include the Internet, mobile commerce and interactive digital television. The Internet The Internet is a public computer network that spans the entire globe (Jafari 2000). The
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Types of economic systems Economics studies how society chooses to use resources to produce and distribute goods and services for people’s consumption. To use its limited resources effectively, every nation needs an economic system. The primary goal of an economic system is to provide people with a minimum standard of living, or quality of life. There are four types of economic. They are free market economy, command economy, mix economy and traditional economy. Free market economy In a market
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information technology, it has its advantage, disadvantage and ethical issues. PII comes in handy in modern technology. The most commonly used information to identify individuals are ID and drivers numbers, social security numbers, vehicles registration number, date of birth, biometrics, facial recognition to name a few. If PII did not exist, it would be incredibly hard to narrow down and individual since many people share names. There are some advantages that tie in with PII when it
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Introduction Public administration is the execution of government strategies for Canada and any other nation for that subject. It also studies this execution and ensures that the civil servants work towards achieving the government goals and objectives. Public administration is both a field of performance and an academic authority that caters for the obligations of the government in Canada. As a field of analysis with miscellaneous scale, its elementary objective is to ensure that there is progress
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