1. Is it possible for two or more people to create a partnership unintentionally? A partnership also may be created when two or more parties who do not have a written agreement or even an intention to form a partnership act in such a way as to lead third parties to believe that a partnership exists. 2. How can a person overcome prima facie evidence of a partnership? By showing that the share of profits received represented wages or payments of a debt, interest on a loan, rent, or
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different processes and brain storming to create and maintain these two programs. Funds also play a vital role because businesses and organizations must allocate monthly or annual funds for support. These are usually available in large business corporations and groups wherein they could afford its creation and maintenance (NIST, 2010). In summary, BCP’s main purpose is on how to minimize the damage taken from a disaster while Incident Recovery purpose
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which is mainly focusing on profit and belong to the business .The last one is voluntary sector ,this sector tend to provide service for communication . I) Private Business : a) Apple Inc. is a technology company , which is an multinational corporation with headquarters in Curpertino ,California and specialize in design , develop and sell technology electronics . Apple was established by Steve Jobs , Steve Wozniak and Ronald Wayne on April 1,1976 and become the world’s second largest information
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My State Demands Dena Martin Rasmussen College Author Note This paper is being submitted on July 13, 2014, for Dena Martin’s B234 Business Law course. My State Demands The type of business that I chose is a service business of opening a local bar. I began my research by looking at what I need to do locally first. In Winnebago County you need to call to make an appointment with the local office of the County Clerk. When you have your appointment they want you to have a copy of your lease
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CPA SECTION IV COMPANY LAW QUESTION ONE a. Identify the preliminary matters to be settled prior to the registration of companies (8mks) b. Outline the various circumstances under which the corporate personality of the company may be ignored under the statute (12mks) QUESTION TWO a. Identify the circumstances under which a company is considered a subsidiary of another (6mks) b. Highlight the various reasons that may necessitate a company to amend its object clause (6mks) c
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business structures to consider when establishing a business. It is important to note the advantages and disadvantages of each business structure when planning a business. The main business structures include sole proprietorship, partnership, and corporation. Sole Proprietorship Sole proprietorship is a business owned by one person. It is the easiest, least expensive, and least regulated business structure to start. The advantage of a sole proprietor include not having to share the profits or
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Patrick Ferriero Strategic Plan and Self-Reflection Summary M5A1 Argosy University Executive Summary For over the last one hundred years Harley Davidson has been the worldwide leader in the Motorcycle industry. The company which started in 1903 quickly gained notoriety for their quality products. The company went on to become an iconic American Brand gaining a huge, loyal customer base. The company eaw a set back in revenues in 2008 with recession in the economy but has been steadily gaining
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Becoming a multinational corporation gives the company a chance to grow and profit on a completely different level and could potentially make that corporation a household name worldwide. Not only does this create many opportunities for the company, it allows investors a chance to diversify their portfolios and enter the world of international investing. This project allowed me to learn more about international investing and competition in the global market. Two foreign stocks that trade on U.S. stock
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Curse of the ethical executive Why “corporate social responsibility” is not a welcome fashion The Economist, Nov 15th 2001 | From the print edition IT IS more than 200 years since Adam Smith observed that people enjoy their daily bread thanks not to the benevolence of their baker, but to his selfish pursuit of profit. In that observation and its implications lies the case for market capitalism. In their economic lives, people behave as though they had no regard for the public good. Yet the outcome
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PART A Sole Proprietorship A sole proprietorship is a business form that includes just one owner. This business form is special in that there is legally no difference between the business and the owner. They are considered one and the same. Although there are advantages of this form, such as flexibility in setting work hours and profits of the business remaining in scope of control, there are also many disadvantages. One prime example that is probably the most discouraging is liability. If
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