"The major advantage of a regular partnership or a corporation as a form of business organization is the fact that both offer their owners limited liability whereas proprietorships do not" Essays and Research Papers

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    What are Sole Traders and Partnerships All About? Choosing the correct legal structure for your business is very important as it can affect your liability levels and how much taxation you have to pay. Let’s have a look at two of the more common structures: Sole traders and Partnerships. Every since losing his battle between good and evil‚ Darth had been looking for a new career move. He finally decided to set up his own small business. SOLE TRADER A Sole Trader

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    Strict Liability

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     DEFENITION: STRICT LIABILITY  RYLANDS V FLETCHER CASE i. FACTS ii. DIAGRAMATICAL REPRESENTATION iii. JUDGEMENT iv. EFFECTS OF THE CASE v. EFFECTS OF THE CASE IN INDIA vi. CONCLUSION vii. ESSENTIALS  EXCEPTIONS  BIBLIOGRAPHY STRICT LIABILITY • A person may be liable for some harm even though he is not negligent in causing the same or does not intentionally cause it or is careful or has taken steps to prevent the same. • e.g.‚ The defendant is liable to the neighbor

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    Globalization and the Role of Nongovernmental Organization and Transnational Corporations Ever since people started to migrate and encounter new people‚ globalization has been a fact of life. Trade‚ war and movement have spread culture around the world but now with the advent of telecommunication‚ global transportation‚ and more money; Globalization is happening at rate that is alarming to some and advantageous to others. Some would say that America is the driver of the globalization vehicle

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    The Tender Offer

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    ------------------------------------------------- Analysis of Major Characters Grandma The ironic commentator of the play‚ Grandma stands in for the figure of the "absurdist" dramaturge‚ ultimately exiting the frame of the action to become its director. This surprising exit and her immediate crossing between the space of the action and the space of the theater is prefigured by her marginal position in the household‚ what Albee offers as an allegory for the "American Scene". In her many sardonic

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    Work In Partnership

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    Work in partnership in health and social care 1.1 Identify the features of effective partnership working. A partnership is an arrangement between two or more groups‚ organizations or individuals to work together to achieve common aims. Features of this are that; All the parties involved have some sort of personal stake in the partnership; All the partners are working towards a common aim; The partners have a similar ethos or system of beliefs; The partners work together over a reasonable period

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    Offer and Acceptance

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    applies. In the case of Quenerduaine v. Cole it stated where an offer was made by telegram and acceptance by post‚ it was not seen as reasonable that the postal rule should apply and therefore the acceptance took effect on receipt. This links closely to the case of Susan and Manesh as the issue is whether the postal rule applies. Although there was a firm acceptance of the offer‚ the fault came at the post office. Due to the fact that the offer was by email and the acceptance was by post‚ using the case

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    relationship‚ a partnership is vicariously liable for wrongs of its partners and employees and other agents acting in the course of their partnership’s business. Additionally‚ vicarious liability extends to individual partners as well‚ regardless of their individual culpability. The latter principle of spinoff liability is‚ naturally‚ highly detested among members of the partnership‚ in particular members of professional service firms. Intriguingly‚ the principle of vicarious liability has over time

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    Contract Offer

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    2.1 Definition of Proposal/Offer Section 2(a) of the Contract Acts 1950 provides that: “when one person signifies to another his willingness to do or to abstain from doing anything‚ with a view to obtain the assent of that other to the act or abstinence‚ he is said to make a proposal”. Eg: Ali advertised in Malay Mails that he will give a reward of RM100 to anyone who finds his pet. He signified his willingness to do an act‚ which is to pay a reward‚ upon certain terms‚ with a view of obtaining

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    27‚ 2012 David Aiken Coca Cola Organizational Values and Ethical Decision Making Coca-Cola‚ we aim high. And with more than 120 years’ experience of extraordinary success‚ they know how to focus our efforts and achieve what we set out to do. The Coca Cola mission is simple. Coca Cola aim is: To refresh the world ...in body‚ mind and spirit. To inspire moments of optimism through our brands and our actions. To create value and make a difference...

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    Introduction to Business Team Project: Canadian Natural Resources Limited Course Number: 04-75-100 Course Title: Introduction to Business Professor’s Name: Mr. Tony Mao Student’s Names: Daniel Pineau-103696836‚ Kate Stasiak-103137566‚ Quinton Rossini-103137500‚ Rajpal Sohi-103657079‚ Matthew Reid-103177436 Date Submitted: Wednesday‚ November 30‚ 2011 Executive Summary Canadian Natural Resources Limited‚ incorporated on November 7‚ 1973‚ is an "independent energy company engaged

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