Chapter # 03 Partnership Q-1 Define Partnership and explain the features of Partnership? Ans. A partnership is the relationship existing between two or more persons who join to carry on a trade or business. Each person contributes money‚ property‚ labor or skill‚ and expects to share in the profits and losses of the business. A partnership must file an annual information return to report the income‚ deductions‚ gains‚ losses‚ etc.‚ from its operations‚ but it does not pay income tax. Instead
Premium Partnership Corporation Types of business entity
Civil Law SUMMER REVIEWER CHAPTER 1: GENERAL PROVISIONS PARTNERSHIP - a contract wherein two or more persons bind themselves to contribute money‚ property‚ or industry to a common fund‚ with the intention of dividing the profits among themselves. (see Art. 1767‚ CC) (General Professional Partnership‚ Art.1767¶2) Two or more persons may also form a partnership for the exercise of a profession. ELEMENTS OF A PARTNERSHIP: There shall be a partnership whenever: 1. There is a meeting of the minds; 2. To
Premium Partnership
Do Private School Students Achieve Better Academically Than Do Public School Students? Name Institution Introduction Are private school students better than those in public schools? What are some of the factors that separate the quality of education received by the two groups of students? Controversy has in the past brewed over studies that have indicated that students in private schools perform better than those in public schools. This paper is therefore meant at an in-depth analysis of
Premium High school Teacher Education
Public Schools vs. Private Schools A good education is an essential part of a child’s development. Today‚ parents have a choice in their child’s education and can evaluate both public and private schools. Although both public and private schools provide education and opportunities for students‚ parents should evaluate the differences and choose the option that best suits their child and families’ needs. In this paper‚ I will compare and contrast five major areas that relate to public and private
Premium Teacher Education Private school
Relationship between Private and Public Police When you look at both public police and private police they have the same goal in mind‚ safety‚ protection‚ and an overall good relationship with the public and the people that they protect. Public police are there to help prevent crime from happening‚ to provide victims with assistance‚ and to maintain a relationship by being interactive within their community. Private police are normally responsible for securing the asset’s and property of a private organization
Free Police Security Crime prevention
Comparing Public and Private School Education There are many similarities and differences between private schools and public schools. One of the similarities is that they both have athletic programs. One of the differences is that private schools have to wear uniforms and public schools do not. Private schools and public schools are the same in many ways but they are also different. Private schools and public schools share many similarities. One thing that they share is that they both have
Premium Dress code Private school Independent school
Material Appendix F Outline and Thesis Statement Guide What is your thesis statement? While there are many similarities between public and private high schools there are also many differences that help you choose between public school and private. Introduction: When it is time to attend school‚ how will you choose between public and private schools? While you will be attending yourself or sending your children to school your ultimate goal is to find a school that will meet you or
Premium Private school Teacher Independent school
American Private Education “there are 33‚740 private schools in the United States‚ which account for over 25 percent of the nations schools and enroll about 11 percent of all students.” On the other hand‚ according to the National Center for Education Statistics‚ “there are 95‚726 public schools in the United States.” Choosing a right school for their child‚ is one the most vital decision parents have to make. Listed below is the the most common pros and cons between private and publics schools.
Premium Teacher Private school Independent school
HIT261-1201B-01 Healthcare Legal Concepts February 26‚ 2012 Private Law versus Public Law Public law (Criminal Law) is a theory of law that governs the different relationships between the state and the individual. This is who is considered to be either a citizen or a company. Criminal law has to have evidence that is beyond reasonable doubt‚ which means that a person is very likely of commenting that certain crime (Kilpatrick‚ 2000). Public law covers three sub-divisions which are constitutional‚ administrative
Premium Law Common law
Advanced Composition 1 14 November 2012 Public vs. Private: The Great School Debate To privatize or not to privatize… that is the question. Should the nation keep our schools run by the government or should the governments let companies take over education? That is a very important question in our education system today. The answer to our problems today lies in a very simple answer. State governments should privatize the public school system. Many people may think that privatizing all
Premium High school Teacher Public school