1. Jody owns KuppaJava Kiosks‚ a sole proprietorship. Jody’s liability is a. limited by state statute and varies from state to state. b. limited to the extent of capital expenditures. c. limited to the extent of his or her original investment. d. unlimited. 2. Leigh wants to go into the business of construction contracting. Among the reasons that would probably convince Leigh to set up his business as a sole proprietorship would be a. its greater organizational flexibility. b. its limited
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THE MOST DISTINGUISHED CHARACTERISTIC OF THE COMPANY AS A FORM OF BUSINESS IS THAT IT IS A LEGAL ENTITY.EXPLAIN WHAT IT MEANS. A company is considered a legal entity( artificial person created by the law).The law treats a company as being a separate person from its members and those who manage it.(The modern law review vol 31-pg 481) The following are characteristics which makes a company a legal being: a) Has a right to own properties. A company owns its own properties. Directors and shareholders
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This is to focus on the problems faced by the rural muslim woman in the Kashmir Valley‚ their Aspirations and “Way Out ”‚ so that a bright‚ and a prosperous future is seen as a ‘REALITY’‚ which then can help in containing the ongoing crisis in the valley to some extent. “REMEMBER” Woman is a backbone of any strong society. She is a source of constant support and motivation to the entire family. She is timid‚ soft and sweet and bears more pains then men. Woman are more innovative and self reliant
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Legal Section The business will operate as a partnership because the number of people setting up the business will not exceed the permitted twenty. When operating as a partnership it is the partners’ responsibility to inform the general public as to who the partners (joint proprietors) are within the business unit. The main advantage that applies to ILM Trading is that a partnership ensures that there is greater scope for raising finance. Another advantage that arises out of a partnership as
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Addressing International Legal and Ethical Issues Simulation University of Phoenix - ####### Learning Center Business Law BUS/415 #########‚ Instructor Introduction Upon completion of the University of Phoenix simulation "Addressing International Legal and Ethical Issues‚" I have outlined below several concerns that must be addressed prior to entering into any legally binding business contracts with international organizations. Prior to entering into international contractual business
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shapes English law and how Statutory Interpretation contributes to such a process. The English legal system is a common law system‚ where the decisions of sitting judges in a case have future influence over future courts. Judicial Precedent binds judges by past decisions of higher courts‚ stare decisis‚ and they abide by them. This could be said to create a consistent and fair system i.e. a body of legal principles. Statutory Interpretation is how judges interpret/understand statutes‚ i.e. legislation
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Ethical and Legal Viewpoints Geneva Moore Grand Canyon University Abstract Professional counselors are always confronted with “ethical dilemma” that arises from conflicts in maintaining standards of right or wrong in specific counseling practice. Therefore‚ counselors must be alerted to the professional ethical standard and use it as a guidance in rendering services to the clients. This paper will discuss volunteerism; the legal issues that can surface from volunteering‚ the legal ramifications
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LEGAL BASIS OF EDUCATION Taken from the book by ATTY EVELYN T. DEL ROSARIO‚ Ed D “THE BEST PRACTICES-AnswersFrequently Asked Questions” ON HOURS OF WORK Art. 83. Normal hours of work. The normal hours of work of any employee shall Not exceed eight (8) hours a day. Health personnel in cities and municipalities with a population of at least one million (1‚000‚000) or in hospitals and clinics with a bed capacity of at least one hundred (100) shall hold regular office hours for eight
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University Number Word Count : 1496 There are three main alternative courses to deal with the issue. Hereby‚ I shall evaluate the feasibility of them in light of their implication on (i) Hong Kong’s constitutional framework and; (ii) the survival of rule of law and separation of powers in Hong Kong. The three different courses are namely‚ 1. Judicial review and thus reconsideration of the Court of Final Appeal’s (CFA) ruling in Director of Immigration v. Chong
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VARIOUS ISSUES FACED BY RK GROUP 1. RK Ammonia: a. Obsolescence of technology leading to fall in profitability. b. Manufacturing facility’s positioning. c. Pollution issues 2. RK Fertilisers: a. Its profitability is interlinked with RK Ammonia. b. Working capital issue. c. Debts with banks. d. Requirement to modernize its plant to meet competition. 3. RK Agrifinance Company: a. RBI norms tightened for NBFCs and leasing. b. Still enjoys goodwill of farmers and hence should capitalize
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