ANSWERS TO AICPA QUESTIONS CHAPTER 10 INTELLECTUAL PROPERTY RIGHTS AND THE INTERNET 1. (a) Computer software is covered under the general copyright laws and is therefore usually copyrightable as an expression of ideas. Answer (b) is incorrect because copyrights in general do not need a copyright notice for works published after March 1‚ 1989. Answer (c) is incorrect because a recent court ruled that programs in both source codes‚ which are human readable‚ and in machine readable object
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Legal Forms of Business Mike Martin LAW/531 January 9‚ 2012 Carmina Perez-Fowler Legal Forms of Business Legal forms of business include sole proprietorship‚ partnership‚ limited liability limited partnership‚ limited liability company‚ S corporation‚ franchise‚ and corporation. Each of these legal forms offers distinct benefits to business owners and investors. The decision to incorporate one legal form as opposed to another is often determined by circumstance and underlying factors. Cheeseman
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Business is an organisation involves in trading activities of goods or services or both. Business can be a profit organisation or a non profit organisation. There are three types of profit organisation in business. First type is Merchandising Business which involves purchasing and selling the products that they purchase. They do not manufacture the products. Example of this business is Parkson‚ who purchase clothings‚ toys and other products from various manufacturers and then sell in their department
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What’s Your Form of Business? Shannon E. Thomas Everest University Composition II What’s Your Form of Business? When opening a business‚ establishing new products or bursting into new markets‚ you will have choices to make. The choices you decide upon are all determined by the information you collect. The more familiar you are about the options you have‚ the better your choices will be when you venture into the business market. One of the best investments you can make before jumping into entrepreneurship
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Business Organization Research Notes Sole proprietors must also pay self-employment (SE) tax‚ a Social Security & Medicaire tax primarily for individuals who work for themselves. SE tax is figured using Schedule SE (Form 1040). Social Security & Medicaire taxes of most wage earners are figured by their employers. The SE tax rate is currently 15.3%. The rate currently consists of two (2) parts: 12.4% for Social Security (old-age survivors and disability insurance) and 2.9% for Medicaire
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The sole proprietorship is the simplest form of business organization. A sole proprietorship is a business that is owned by an individual who is solely responsible for all aspects of the business. The owner is personally responsible for all debts of the business‚ even in excess of the amount invested. The business and its owner are thus considered the same entity. The advantages of a sole proprietorship include: a. Low start up costs‚ as legal and filing fees are at a minimum. However‚ many
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THE INDIAN PENAL CODE PROJECT Submitted in Partial Fulfilment of the B.A. LL.B. (H)‚ Fifth Semester Mistake of Fact vis-à-vis Mistake of Law SUBMITTED BY: (GROUP: ) SUBMITTED TO: AANCHAL SINGH (661) Dr. SACHIV KUMAR ABHILASH KALLA
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Introduction Business itself is broad‚so to make it simple‚the researcher only focused on the challenges and the requirements needed in starting a business.She discussed the meaning of business and the forms of it.The researcher also emphasized that it is important to have a business plan in starting a business.She also stated some of the most important requirements in putting-up a business. The researcher also mentioned the most famous challenges that an owner of a business can face.
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John Walter O. Boisvert TM 102 (12:20 – 2:00) FORMS OF BUSINESS ORGANIZATION 1. Sole Proprietorship - is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts. A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name. ADVANTAGES: * Capital - Sole proprietor contributes
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Throughout the world‚ wherever business enterprises are carried on‚ there are to be found three basic forms in which the ownership of these enterprises is held. . The individual owning outright his own business and usually managing it himself without much cooperation or assistance.( sole proprietorship) . A group of owners‚ working together under some form of partnership agreement. . The impersonal owner - the corporation - standing between the business and the individuals who have various
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