Business Structures July 4, 2011 George Bray Business Structures Starting a new business can be an exciting yet challenging time. One of the important decisions new business owners have to make is, which business structure to use. The three business structures new owners typically chose from are sole proprietorship, partnership, and corporation. This paper will not cover a fourth type of business structure the limited liability company (LLC). Choosing the structure that fits best will
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Grading Summary | These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below. | Date Taken: | 5/16/2012 | Time Spent: | 05 min , 36 secs | Points Received: | 36 / 36 (100%) | | Question Type: | # Of Questions: | # Correct: | Multiple Choice | 6 | 6 | | | Grade Details | 1. | Question : | Money markets are markets for ______. | | | Student Answer: | | foreign
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Republic of the Philippines National Capital Judicial Region REGIONAL TRIAL COURT City of Makati, Br. ___, MAALAGA INSURANCE CORP (MIC) Petitioner , -versus- Civil Case No. Enforcement of Arbitration Agreement ZITIMOTORS and PONCE ENRILI As the duly authorized representative Defendant x----------------------------------------x PETITION FOR JUDICIAL RELIEF
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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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Introduction to Business Unit 1 IP Tania Scott January 12, 2014 Abstract This paper takes a look at the different business types that a person can get into. The person has an invention that will make life easier. The paper goes through the legal aspects of a sole proprietorship, partnership and a corporation. Know these will help the person to determine which would be better for them. Sole proprietorship is easily and inexpensive to establish. The owner can do business in their own name
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organization in today’s society. Choosing what form of business organization is an important choice because it can be the difference between success and failure when selecting the right type of legal entity your business will use. This paper will address the advantages and disadvantages of the most common legal entities that an entrepreneur has to select from. As an industry develops and matures, it is important to review the business entity to ensure the current form of business organization is tailored
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ACCESS TO JUSTICE AND LEGAL AID FOR REFUGEES AND ASYLUM SEEKERS; WHAT CAN THE JUDICIARY DO? Introduction Asylum seekers, regardless of their immigration status, are human beings, with fundamental and basic rights, needs and aspirations. Refugees and asylum seekers are a diverse group with one thing in common; they are subject to forced migration, and are fleeing from persecution in their countries of origin. A refugee is defined as any person who, owing to a well-founded fear of being persecuted
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Interpret the contents of a trading and profit and loss account and balance sheet for a selected organisation Balance sheet In financial accounting a balance sheet is a summary of the financial balance of a sole proprietorship, a business partnership, a corporation or other business organisations such as an LLC or an LLP. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a snapshot of a company’s
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com/8301-1023_3-57559890-93/instagram-apologizes- to-users-we-wont-sell-your-photos/ This article focused on the issue that Instagram faced when the company decided to change some terms and conditions. The authors started with explaining the essential problem which was the language from its legal terms that would let users’ photos to be used or sold for other companies (McCullagh & Tam, 2012). Furthermore, the article stated and analyzed the company’s CE respond along with the user’s disagreements to the new terms. The authors explained the
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OSCOLA Oxford Standard for the Citation of Legal Authorities Fourth Edition Faculty of Law, University of Oxford www.law.ox.ac.uk/oscola Contents Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 1 General notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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