Partnership and Its Types Sir Saleem Abbas 10/10/2012 Islamia university of bahawalpur Partnership A partnership arises whenever two or more people co-own a business‚ and share in the profits and losses of the business. Each person contributes something to the business -- such as ideas‚ money‚ or property -- though management rights and personal liability will vary. In Pakistan the partnership firms are registered under
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grocery retailer’s selection of suppliers. 300 words. The supply chain needs to deliver the grocery retailer the competitive advantage to create value for the customer at an acceptable cost (1). It has been noted the reduction of time not only reduces costs but also gives a competitive edge to the business‚ therefore the time it takes for stock to arrive is important. ‘The supplier needs to be lean (efficient) and agile (innovative).’ (1) To do this there are three points which must be completed
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While the company can afford to invest millions of dollars in advertising‚ behind the scenes‚ workers who manufacture its products still earn the bare minimum. In the last three years‚ China Labor Watch (CLW) has been monitoring the conditions of PUMA’s suppliers in China. During an investigation on Taiway Sports Ltd.‚ a supplier that “has enjoyed an “A” ranking for years now” according to PUMA’s 2005/2006 Sustainability Report‚ CLW has found deplorable conditions. Conveniently‚ on March 19th‚ after
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between the three different types of commercial partnerships 2012 INDEXT 1. A comparative analysis between the three different types of commercial partnerships: a. the limitation of liability of the partners/members b. the different rights of partners/members. 2. The notion of separate legal personality 3. Analysis the different classes of shares of public/private companies and rights attached to them. 2 Ms. Maria Vella A comparative analysis between the three different
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Accounting for partnerships Accounting for partnerships – Discuss the advantages and disadvantages of partnerships. Identify and discuss the Financial Accounting Standards (FAS) that govern accounting for partnerships including both creation‚ operation‚ and liquidation. What are the tax consequences of partnerships. The legal definition of a partnership is pretty simple. It is an association of two or more persons who have not incorporated; and carry on a business for profit as co-owners
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Three Types of Teachers We all classify things every day. We may classify our wardrobe according to colors or type of clothing. Librarians classify books by their genre or authors. Kids often classify foods‚ delicious foods on the right for easy access‚ and healthy‚ crunchy vegetables on the left to eat later. When I meet someone for the very first time‚ or even if I sit in a mall watching people go by‚ I even classify them into categories of “Nice” and “Not So Nice” by their appearances. Today
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Three Types of Research 1. Causal Reseach When most people think of scientific experimentation‚ research on cause and effect is most often brought to mind. Experiments on causal relationships investigate the effect of one or more variables on one or more outcome variables. This type of research also determines if one variable causes another variable to occur or change. An example of this type of research would be altering the amount of a treatment and measuring the effect on study participants
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creation‚ human beings have been disciplined for wrong doing. But why do people get punished? Because we assume we only punish those who were reasonable enough to know what they did will follow with a punishment that no matter how hard they try to run or hide. Our modern-day court system of a jury and judge decide how responsible the criminal is and follows with the punishment. But why? To be punished we must be truly fully responsible which means you could have done something else. If you are forced
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ideally suited to each type of matrix (weak‚ balanced‚ and strong). Discuss what you believe is more important for successfully completing a project- the formal project management structure or the culture of the parent organization. Going to college is analogous to working in a matrix environment in that most students take more than one class and must distribute their time across multiple classes. Discuss the problems this situation creates for you. Discuss how it could affect
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bargains into consideration. Parents lay down the rules and they expect children to follow them without any question. With this type of parenting‚ when children try to challenge the rules‚ there is no debating or discussing the situation‚ it’s a strict “because I said so” answer. (Morin‚ n.d.) The way they discipline their children is very different from the other three types of parenting. Discipline is training one to obey the rules or doing something to correct the bad behavior. (Discipline‚ 2011)
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