Companies The formation of incorporation is by registration with the companies acts 1963-2012.Companies can be registered with limited or UN limted liability or as a private or limited company. The legislation will distinguish between limited and unlimited‚ by which liability of the members is limited‚ between the companies with share capital and without share capital. This went between the private and public companies. A company limited by shares Companies act S 5(2)1963. At the end of 1983‚ there
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ADVANTAGES OF VERTICAL INTEGRATION It leads to reduction of transportation costs as the common ownership results in closer geographic proximity. The transaction costs can be controlled if a firm acquires the other firms in the vertical chain‚ then one division of the same company will transfer goods to other divisions. So‚ transaction costs in form of transport‚ cost of negotiation‚ cost of control etc. will be eliminated. The overall average cost of the firm will decrease because if the divisions
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Advantages Mixed economy has got the following advantages: Rapid economic development Inmixed economy both private and public sectors work side by side. The combined efforts lead to rapid economic development. The economic resources of the economy are used efficiently. Wastages of resources are minimised. Lesser inequality of income: Right to own property is granted. Law of inheritance is also applied‚ so certain members of society grow richer and richer. Public sector in the economy tries
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Assignment brief In 1956 Lord Devlin professed that juries are ‘the lamp that shows that freedom lives’. Evaluate the accuracy of this statement with regard to the advantages and disadvantages of trial by jury‚ the alternatives available and any reforms that have been introduced or recommended. You are to produce an essay as follows Critically evaluate pros and cons the arguments for and against trial by jury Discuss any reforms that have been proposed or introduced and evaluate these reforms pros
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The Advantages And Disadvantages of Multinational Companies In a modern society‚ many multinational companies have been founded. They are called multinational corporations because these corporations operate in more than one country at a time. For example‚ McDonalds‚ Pepsi‚ KFC‚ Nike. I will discuss the advantages and disadvantages of these corporations. For the advantages‚ Firstly‚ multinational products and services provide the best possible standards. Because in a foreign country
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The advantages and disadvantages of probation and parole What is probation? Probation is a court order sentencing that consist of the defendant to either serve or complete the remaining sentence of imprisonment in a supervised community. The defendant that’s assigned to completing a probation sentence will be under supervision of an officer of the court; which are referred to as a Probation Officer. Probation is one of the most common criminal sentencing processes in the United States. A probation
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Advantages and Disadvantages of Plea Bargaining Cherese Murphy CJA/224 May 17‚ 2012 Maxine Craig Advantages and Disadvantages of Plea Bargaining The history of plea bargaining go back to the 19th century; by the second half of the 19th century plea bargaining was somewhat a common practice. (Siegel‚ Schmalleger‚ Worrall 2011‚ 320) However‚ plea bargaining became more common in the early and mid-1900’s. From 1916 to 1921 the Georgia Department of Public Welfare advised that guilty plea rates
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ages Advantages and disadvantages of solar power Advantages- * The energy from the sun is 100% free * Infinite energy * Solar energy is a renewable resource * Eco friendly * Less to no pollution compared to now * Does not emit any green house gasses * Cost effective in long run * Not a lot of maintenance * Most solar panel systems have long life span (30 to 40 years) * And carry full warranty of 20 to 30 years * And if you don’t like bulky solar panels
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Advantages of FPTP First Past The Post‚ like other plurality/majoriAdvantages and disadvantages of FPTP systemty electoral systems‚ is defended primarily on the grounds of simplicity and its tendency to produce winners who are representatives beholden to defined geographic areas and governability. The most often cited advantages are that: It provides a clear-cut choice for voters between two main parties. The inbuilt disadvantages faced by third and fragmented minority parties under FPTP in
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Advantages and Disadvantages of Technology in Education Ilena_jia Modern science and techonology are getting increasingly popular in education today‚ ranging from personal computers to intellectual science labs. On my part‚ they are undoubtedly beneficial to students rather than detrimental. It’s undeniable that the Internet brought human beings to a whole new world‚ where people can exchange information freely and rapidly‚ so why don’t we draw upon it as a way to guide the students through
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