Centrum‚ Lower Session Road‚ Baguio City Contact Numbers: SMART : 09294891758; GLOBE : 09272128204 E-mail: ncpar@yahoo.com ATTY. ANDRIX DOMINGO‚ CPA BUSINESS LAWS THE LAW ON CORPORATION Corporation an artificial being created by operation of law‚ having the right of succession and the powers‚ attributes and properties expressly authorized by law or incident to its existence. Attributes of a Corporation: 1. It is an artificial being •Doctrine of piercing the veil of corporate entity
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Mr. Keshav Singh Kansana 1. The product of 2 numbers is 60 and their arithmetic mean in 8‚ find the numbers. 2. The monthly salary of a persona was Rs. 320 for each of the first three years. He next got annul increment of Rs. 40 per month for each of the following successive 12 years. His salary remained stationary till retirement when he found that his average monthly salary during the service period was Rs. 698. Find the period of his service. 3. Divide 36 into 6 parts in A.P such that the sum
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Partnership Law So many of you mentioned‚ in your introduction‚ wanting to or having your own business. The question not only becomes what do you want to do in your business‚ but what kind of business are you going to develop? What kind of business you own will affect: Taxes Employment issues Liability issues How the business can be sold Involvement with the state Knowledge needed of local and state laws Need for an accountant and/or attorney Make sure you review Chapter 37 in
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A Virtual Company: The Pros and Cons Applied Business Law – 34 Team Assignment – Week 7 Written and Submitted by: Renata Davis Virtual Space or Real Space Virtual companies (VCs) have little or no tangible presence outside of the internet. They could rightfully and insightfully be called businesses without walls. The possibilities for a VC are limitless and only bound by the limits the owner/entrepreneur puts on them. All business is conducted electronically. No need for high rents and
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To discuss whether or not there are valid contracts made between Charles v. Alex and Betty v. Alex‚ the formation of the contract have to be discussed. To form a legally binding contract‚ the elements of offer and acceptance; present of consideration; intention to create legal relation; capacity; legality of object; compliance with formalities; and genuine consent must be present all together. In the case of Charles v. Alex‚ to determine whether or not Alex was entitled to sell the apartment
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REGULATION HANDOUT Business Law 2011 2011 Yaeger CPA Review Regulation DVD/USB R1 Mod 36 (ITAX)Individual Taxation Pt 1 58 Pt 2 59 Pt 3 57 Pt 4 57 DVD/USB R2 Mod 36 (ITAX)Individual Taxation Pt 5 57 Pt 6 58 Pt 7 58 Pt 8 58 DVD/USB R3 Mod 36 Individual Taxation Pt 9 60 Pt 10 58 Pt. 11 59 Mod 37 Transactions in Property Pt 1 56 DVD/USB R4 Mod 37 Pt 2 56 Pt.3 53 Mod 38 Partnerships Pt 1 57 Pt 2 57 DVD/USB R5 Mod 38 Pt. 3 57 Mod 39 Corporate Taxes Pt.1 59 Pt 2 57 Pt 3 58 DVD/USB R6 Mod 39 Pt
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* What was particularly interesting‚ meaningful and/or insightful in the readings/assignments for the week? * In what way(s) were you able to relate the week’s assignments to your workplace? * What did you learn that you would begin incorporating into your own work style and environment? * What was the muddiest point? This week I liked reading about the difference between persuasion and manipulation. I found it to be very helpful to understand why some people use one over the other
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4 PRINCIPLES OF TAX INTRODUCTION TO TAX LAW A. Origins of Taxation - Taxation is not a modern concept‚ and dates back to the Roman Empire: ▪ Emperor Caligula set a disturbing trend as a tax collector by imposing taxes on food‚ court proceedings‚ wages of porters‚ prostitutes and even marriage. - 1770’s ( Pitt and Lord North believed that newspapers were luxury items and constituted appropriate fiscal targets. A stamp duty was placed on newspapers‚ which was later increased to
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I. INTRODUCTION The sole proprietorship is the simplest form of “business association” we will examine. It is perhaps a bit odd to describe it as a form of “association” given that the “sole” proprietor will be the only “equity” investor and thus doesn’t “associate” with anyone else as a co-equity investor. However‚ there will almost invariably be “associations” that the sole proprietor will have in order to carry on the business. These can include associations with employees‚ agents‚ lenders (such
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CRIMINAL LAW A Criminal Law Introduction p: 2 Role of Criminal Law p: 4 Elements of a Crime p: 4 Strict and Absolute liability p: 5 Negligence Murder p: 6 Murder – different statutory approaches p: 6-8 Elements of murder p: 8 Pre-existing susceptibility Voluntary Manslaughter p: 9-10 Provocation (and abnormality of mind‚ excessive self defence) Involuntary Manslaughter p: 11-12 Unlawful
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