liberalization should seduce the pleader into failing to state enough to give the substantive elements of his claim. While an incorrect choice of theory should not result in dismissal of the claim, the allegations must suffice to state a claim under some legal theory. Morrow v. Kings Dep't Stores, Inc., 57 N.C. App. 13 (N.C. Ct. App. 1982). Our Supreme Court has stated: "'A [complaint] may be dismissed on motion if clearly without any merit; and this want of merit may consist in an absence of law
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These are private company or open market. Directors and the Company Secretary are the ones who typically hold the shares. A good example of this would be Microsoft. ("Forms Of Business Organization", 2013). A limited Liability Company is a legal form of business or company that provides very limited liability to its owners. It is a fairly new business structure that is allowed by state statue. ("Forms Of Business Organization", 2013). They are similar to a typical corporation except owners
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MODULE -2 Business Organisations Notes 5 FORMS OF BUSINESS ORGANISATION ou have studied in the first lesson about the business, its significance and the classification of business activities. You are also aware that these activities are carried out by individuals in an organised form of a business house having different patterns of ownership and management. A single individual may own the business or a number of individuals may come together to own the business jointly. So, based on ownership
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group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be made to exist in law and then a company is itself considered a "legal person". The name company arose because, at least originally, it represented or was owned by more than one real or legal person. Therefore to operate the company, it needs a person who called a director. Any person can be a director, but only for those who is qualified as required under the Malaysia
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egon V. Hancock, 60 Ore. App. 425; 653 P.2d 1304; 1982 Ore. App. Lexis 4132 (1982) Case Name: Oregon v. Hancock, 60 Ore. App. 425; 653 P.2d 1304; 1982 Ore. App. LEXIS 4132 (1982) Appellant: Gordon Charles Hancock Appellee: State of Oregon Jurisdiction: Court of Appeals of Oregon Procedural History: Hancock was convicted of possession of a weapon by a person committed to a penal institution and being an ex-convict in possession of a firearm in the Linn County Circuit Court. Hancock
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Sole proprietorships are businesses that are owned and operated by one person. The business and the owner are one and the same, as there is no legal separation between the two. The owner would only have to register as a business if he were to operate under a fictitious name or if they provided services requiring a license. * Liability: As there is no legal separation between the owner and the business, 100% of the liability is on the owner. He or She would be responsible for all debts, accidents
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or in this case, one woman operation where in the owner (me) takes on all aspects of operating the business including all associated risks and liabilities. Some of the advantages to operating as a sole proprietor include inexpensive to form with legal costs being limited to obtaining necessary licenses and/or permits, Simple tax filing, tax rates are low and the business is not taxed as a separate entity and the owner of the business retains complete control of every aspect of the business. As
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Chief Steward---Absenteeism---Discharge Peter Frost is a 52 year old maintenance mechanic with 25 years service in a construction materials plant in western Mississauga. He originally completed his mechanic apprenticeship in England. Peter is known as a likeable, fairly knowledgeable, technically competent tradesman, with a pro-union stance and enough leadership skills to have been chosen chief steward by his fellow union members 8 years ago. He is viewed by the company as someone to fear because
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Becoming Global – Contracts & Offers Professor: Tonya Floyd LAWS 310 Devry University Table of Contents Introduction…………………………………………………………………………….. 3 Definition of Contracts…………………...........................……………………………… 3 The Greenleaf Manufacturing Proposal Analysis …………………………………………. 3 The Sunrise Ltd Proposal Analysis......................…………………………………………. 4 The Groupo Embraco Proposal Analysis.......................…………………………………. 4 Pros & Cons ...……………………………...............
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Liability of the hotel keeper - Article 1039 of the civil code deals with this. However this is not the only article related to liability of the hotel keeper. The issue is important because it provides an analysis of a number of legal topics we have seen in our course, such as responsibility for damages, quantification of damages, non-cumul and so on. Article 1039 does not deal with personal injury of the guest. It only deals with damage to property. The general principles of the civil code deals
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