Digital Piracy DIGITAL PIRACY In a day and age when almost all creative works can be put into digital form and legally distributed, there is also a huge potential for theft. This type of theft is known as digital piracy or intellectual property theft and often results in lost revenue, jobs, and wages. Battling online theft is a daily challenge for copyright owners. Digital piracy occurs when creative works such as graphics, photos, movies, songs, or text are distributed online without the
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Qu10-1, Realized Gain - This is the amount of gain that the investor made during ownership of the property. The owner calculates this by determining the net sales price (sales price of the property less closing costs) and then subtracts the adjusted tax basis of the property (the formula is relatively simple and your accountant can help you with this).Recognized Gain - This is the taxable portion of the above "realized gain." Typically, the only taxable portion of realized gain is the boot received
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The correct structure of a company can have many implications and is important to its long term organization, growth and ownership. Given the concerns regarding liability, taxation and ability to raise capital of the current business structure, the company should retitle itself to be considered an LLC. Under the current classification of Sole proprietorship, the owner is held fully liable for all business obligations, receives no additional tax benefits and cannot bring in partners/shareholder
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CASE STUDY II OWNING A SLICE OF THE ACTION A DOMINO’ S PIZZA FRANCHISE 1. According to the article, Domino’s Pizza is a second largest pizza franchise, and it is called a “franchisor,” or business owner. Domino’s sells others the right to use its name and sell its products in specific geographic area. As usual, an entrepreneur, a person who risks time and money to start and manage a business, may be interested in opening his/her own business by purchasing a franchise, and is called a franchisee
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Entrepreneurial Thinking After years of working tirelessly for big corporations, interest arose about becoming an entrepreneur. The constant stress of being on someone else’s time clock and living pay check to pay check, solely on what the company thinks one is worth has been a constant struggle. After much contemplation, the decision arose to study the entrepreneurial world, dedicating time to understanding how they think and what drives them to make the decisions they do. Upon interviewing
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Case for chapter 5: Personality and Value The Situation The Allen Company had just recruited and hired six people for production supervisors from various universities in the Midwest. Ron and Bill were told to take three a piece for assignment into their departments. The men have seen these new employees for only thirty minutes during their company interview visits. Ron and Bill now have to give their recommendation to human resources from placement. Ron thinking it would nice to work directly
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duration of the loan. An article from TurboTax said (2013), “You know that you can get an income tax deduction on the mortgage interest you pay. But there are other tax deductions you can take on your principal residence or second home -- such as property taxes.” Privacy is another point to consider when thinking of buying a home. You don’t have to worry about any landlord bothering you. Also you are free to make any change to your house whenever you may choose. Lastly you may find an apartment that
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THE PROPERTY VIEW OF MUSLIM JURISTS There are two views; according to the 1. Hanafis. 2. Malikis, Shafii’s, and Hanbalis Malikis, Shafii’s, and Hanbalis According to Malikis, Shafii’s, and Hanbalis who constitute majority of the Fiqh schools, mal includes all permissible things which have financial value. Definition of the Maliki school According to the Maliki jurist, Al-Shatibi, mal is the thing on which ownership is conferred and the owner when he assumes it excludes others from interference
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Facts The Sanchez’ entered into a contract with the producers of Surprise Home Renovation to lease their home for one week. The consideration for the lease was $50,000 worth of home accessories and an all-expense paid trip to Disney World. During the lease term, Surprise Home Renovation expensed approximately $250,000 in renovating and remodeling the Sanchez home. The Sanchez’ would like to affirm the potential tax consequences of the engagement with Surprise Home Renovation. Issues
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collection of the deceased fashion designer Yves St Laurent, fuelling great wrath of Chinese people. A NGO called APACE, together with a newly-established group of Chinese lawyers, applied to the “Tribunal de Grande Instance” (a court in Paris) for the “property preservation” of the two relics in order to sabotage the auction, yet the litigation was rejected since the judge held that the complainant doesn’t have the direct claim right. [1] Besides, Chinese government and individual collectors like Cai Mingchao
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