Course Syllabus Introduction to Business Course Code BUS 1020Faculty Member Catherine KennedyPrerequisite -Telephone042189106Co requisite-e-mail catherine.kennedy@emirates.comCredit hours 3Room 14 Accommodation BlockClass TimeTuesday 08.00-09.30 10.00 11.30 Wednesday 08.00-09.30 12.00 13.30Office HoursBBA Sunday 11.00 -12.00 EK BBA Monday 14.00 15.00 Classroom Regulations The use of mobile phones in the classroom is not permitted. Mobiles should
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Makeup of a business opportunity A business opportunity consists of four integrated elements all of which are to be present within the same timeframe (window of opportunity) and most often within the same domain or geographical location‚ before it can be claimed as a business opportunity. These four elements are: • A need • The means to fulfil the need • A method to apply the means to fulfil the need and; • A method to benefit With any one of the elements missing‚ a business opportunity
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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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Brown Professor Elliott November 9‚ 2014 Business Structure A business is the fruit of a seed that a sole person or a group of people bears. The decision of what type of business to open will greatly affect the company in the long run. Many options exist for the person(s) such as opening a sole proprietorship‚ corporation‚ Limited Liability Corporations‚ partnerships‚ etc. Limited Liability Corporations and partnerships are very similar company types‚ but also are different. Limited Liability
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a) A director is an individual elected the shareholders of a corporation‚ who carries out certain tasks established in the charter‚ according to www.thefreedictionary.com. The duties are a series of common law‚ statutory‚ and equitable obligations. The duties are analogous to duties owed by trustees to beneficiaries‚ and by agents to principals. Directors owe duties to the corporation‚ and not to individual shareholders‚ employees or creditors outside exceptional circumstances. The duties of a director
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Answer: • Sole proprietorship: A sole proprietorship is a business owned by one person. The owner may operate on his or her own or may employ others. The owner of the business has total and unlimited personal liability of the debts incurred by the business. • Partnership: A partnership is a form of business in which two or more people operate for the common goal of making profit. Each partner has total and unlimited personal liability of the debts incurred by the partnership. There are
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BUSI 561‚ Legal Issues in Business Liberty University Starting & Naming a Business Betty Wilson’s venture of opening a Christian Coffee House in Belmont‚ NC‚ presents her with abundant opportunities in selecting a business form. She is considering the following types of entities: 1) franchise‚ 2) sole proprietorship‚ 3) partnership of some sort‚ 4) corporation of some sort‚ 5) LLC‚ or 6) even as a joint venture. We will briefly explore each business option and give Betty concise recommendations
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Types of Businesses Name Business Law 531 Date Professor Having a business mindset‚ taking risks‚ having patience and a good amount of financial means is just the start to starting up a business. Becoming an entrepreneur of any sort is not as easy as most people would think. An important decision an entrepreneur makes is deciding the type of business to create or go into. The business types that will be explained are sole proprietorship‚ partnership‚ limited liability partnership
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Legal Aspects of a Business Subjecc: Princples of Business Introduction When starting up a new business it is very important to look at the legal aspects which will influence the company in the future. In this part of the information file there will be the most important legal aspects for running a student company. First there is the selection of business form‚ in which there will be a compairison between the different possible forms. Afterwards a
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Legal Forms of Business LAW/531 Business Law March 4‚ 2013 Dr. Linda Fried Legal Forms of Business Businesses exist and managed in many of the same ways. However‚ there are many formats that businesses are operated in. From sole proprietorship to different partnerships to corporations‚ each form has many similarities‚ but they are very different types of businesses. Each business entity will vary on three primary factors: liability‚ taxation and record-keeping (Entrepreneur‚ n
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