Every operating company has its own features and methods of doing business according to its industry where the company actually operates. Competitive companies differentiate from each other by having either the comparative advantage or absolute advantage. Moreover‚ it is not avoidable that the almost all companies have its own problems inside and outside of the company which disturbs smooth flow of operation in companies. The main question arising in this moment is that whether those problems can
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since still it will be legally a property of COMPUTER COMPANY. Ergo‚ the responsibility lies with COMPUTER COMPANY and not CORPORATION technical team which won’t have to bother with maintenance issues with regularity. QUESTION 3: Was it a win-win agreement? Discuss. Answer: No‚ it wasn’t win-win if we take into account the way things turned out. A lot of efforts need to be taken to simply make things work for both parties. Each company has taken
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DIFFERENCE BETWEEN PRIVATE COMPANY AND PUBLIC COMPANY PRESENTED BY: DEBASIS BEHERA REGD NO:10HM08 What is company? An association of persons who contribute money or money’s worth towards a businessLord Lindley. Voluntary association formed and organized to carry on a business in the legal name of the association. Company formed and registered under company act. What is private company? Business firm in the private (non-public) sector of an economy‚ controlled and operated by private
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Company Law – An Introduction Unit Code: DE5H 35 Outcome 1 Melissa Mackenna-500006315 Context Within this report you will find: 1.1. Introduction 1.2. Terms of Reference 1.3. Sole Traders 1.4. Partnerships 1.5. Corporate Bodies 1.5.1. Private Limited Companies 1.5.2. Public Limited Companies 1.6. Conclusion 1.7. Recommendations 1.8. Appendix 1.1. Introduction The aim of this report is to: Describe the differences in legal personalities and responsibilities between
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Companies Ordinance‚ 1984 Provided that‚ before a licence is so revoked‚ the Commission shall give to the association notice in writing of its intention‚ and shall afford the association an opportunity of submitting a representation in opposition to the revocation. COMPANIES LIMITED BY GUARANTEE 43. Provision as to companies limited by guarantee.- (1) In the case of a company limited by guarantee and not having a share capital‚ every provision in the memorandum or articles or in any resolution
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features of limited companies A limited company is a business that is owned by its shareholders‚ run by directors and most importantly the company liability is limited. Limited liability means the investors cannot held personally liable for the company’s loses. This encourages people to finance the company‚ and/or to set up such a business‚ they know that they can only lose what they put in‚ if the company fails. For people or businesses who have a claim against the company‚ “limited liability”
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with the company. The articles of association are the primary source of the provisions determining these internal relationships‚ and they will form the basis of this question and also be combined with aspects of directors’ duties‚ variation of class rights and s459 of the Companies Act 1985. I will split the issues that arise in this question into two parts. The first part would be to deal with Sheila‚ and to establish whether she can prevent the alteration of the objects of the company. The second
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Eli Lilly and Company is one of the world’s top pharmaceutical companies‚ and is located in the United States. Their main competitors in the United States are Johnson and Johnson Corporation and Pfizer Incorporated. All three companies specialize in the manufacturing of pharmaceutical and medical products. Using the financial ratios to analyze Eli Lilly’s competitive position‚ it is apparent that in most cases the company comes in second place with regards to its top 2 competitors. The short term
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Question 1. [Section 126] stated that a company is allow to contract through an agent and a company will be bound by the acts of its agents in the same way as any other principal. An agent’s acts bind the company into a contract with an outsider when rules of agency law applied. In this case an agent’s apparent or ostensible authority arise. This authority arise because when the receptionist represents Harry out to Micky and Harry did not specify that he wasn’t the factory manager‚ given Micky
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1 The McGee Cake Company: A Case Study Submitter Instructor BUS Course 2012 CASE STUDY 2 Introduction The McGee Cake Company‚ owned by Doc and Lyn McGee‚ has been a sole proprietorship company since its inception in 2005 (Ross‚ Westerfield & Jordan‚ 2013‚ p
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