Identify the area or areas of law The area of law concerns this case‚ which in connection with the relations of partners to one another‚ especially expulsion of partner and distribution of assets on dissolution of partnership. Explain the principles of law EXPULSION Regarding expulsion‚ the Partnership Act says that: "No majority of the partners can expel any partner unless a power to do so has been conferred by express agreement between the partners." The power to expel any partner by a majority
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SOME OF THESE ANSWER ARE NO LONGER VALID AFTER THE END OF 2008. THOSE ITEMS ARE NOT ON OUR EXAM TOMORROW. 1. An audit of a government‚ conducted in accordance with generally accepted auditing standards (GAAS)‚ includes A. A determination of efficiency and effectiveness. B. An examination of financial statements and underlying records for conformance with generally accepted accounting principles (GAAP). It does this as well as generally accepted governmental auditing standards C. Tests
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Medical Malpractice | The Good‚ the Bad‚ the Ugly | | | | | The outcomes of medical malpractice lie in the following explanation of perspectives‚ referred to as “the good‚ the bad‚ and the ugly.” This paper provides a presentation of facts of the two highest single-incident medical malpractice lawsuits in Connecticut: Daniel Jacob D’Attilo et al. v. Richard Viscarello et al. (Case 1) and Elizabeth Oram and Simon Oram as Parents and Next Friends of Spencer Oram at al. v. Corinne
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INTRODUCTION About Shelter Partnership‚ Inc The case is about cost allocation accounting concerns in a non-profit corporation “Shelter Partnership‚ Inc”. The following summaries the key activities undertaken by Shelter and the way these different activities contribute towards the achievement of Shelter’s objective. Approach Before we dive into the case analysis‚ we would like to first discuss the relevant topic‚ which we see as the issue of cost accounting in a non-profit organization (“NPO”)
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First‚ seat apportionment. In the Senate‚ there are twos seats for each state‚ giving us a total of 100 Senators‚ each will equal representation. In the Senate‚ each state carries the same amount of weight when it comes to making legislative decisions‚ thus making sure
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in: Journal of Public Economics 60 (3)‚ 401– 422 Economist (2000): Globalization and tax: the world’s view of multinationals‚ 29 Jan Goolsbee‚ Austan / Edward L. Maydew (2000): Coveting thy neighbor’s manufacturing: the dilemma of state income apportionment‚ in: Journal of Public Economics 75 (1)‚ 125–143 Gordon‚ Roger H Sørensen‚ Peter Birch (2004): Company tax reform in the European Union‚ in: International Tax and Public Finance 11 (1)‚ 91–115 US Treasury (2008): Report on foreign holdings of U
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. Acquisition of Business ACQUISITION OF BUSINESS BY A LIMITED COMPANY‚ GENERALLY‚ REFERS TO THE PURCHASE OF A NON-CORPORATE BUSINESS LIKE SOLE- PROPRIETORSHIP OR PARTNERSHIP FORM OF BUSINESS BY A COMPANY. THIS DOES NOT NECESSARILY MEAN THAT A LIMITED COMPANY CANNOT ACQUIRE THE BUSINESS OF A CORPORATE BODY‚ I.E.‚ ANOTHER LIMITED COMPANY. BUT STRICTLY SPEAKING‚ THE ACQUISITION OF BUSINESS OF A LIMITED COMPANY BY ANOTHER LIMITED COMPANY COMES UNDER THE PURVIEW OF “AMALGAMATION‚ ABSORPTION AND
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VIS would eventually merge into Texas Eastern Overseas‚ Inc (“TEO”). After trial‚ appeal‚ and settlement with other parties TEO remains as sole defendant. The Court found the apportionment of liability between AmeriPride and TEO at fifty-fifty‚ concluding “given the facts as the court has found them… the fairest apportionment is to divide responsibility equally.” Then
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Statute 768.81 states that contributory fault chargeable to the claimant diminishes proportionately the amount awarded as economic and noneconomic damages for an injury attributable to the claimant’s contributory fault‚ but does not bar recovery. Apportionment of Damages - In a negligence action‚ the court shall enter judgment against each party liable on the basis of such party’s percentage of fault and not on the basis of the doctrine of joint and several liability.
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The sixteenth amendment in article I‚ section 8 gives congress the power to impose and collect taxes on incomes‚ from whatever source derived‚ without apportionment among the several States‚ and without regard to any census or enumeration. In article I‚ section 9 states that no direct could be imposed unless made proportion to the population based on census result‚ which means congress has to levy taxes based on the state population rather than individual. During the civil war the federal government
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