"What type of liability do sole proprietors have if their business suffers a large loss" Essays and Research Papers

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    Criminal Liability

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    Principles of Criminal Liability 1/16/2013 Student ID: Word Count: 2482 Criminal activities are very common in our society. With the intention to hamper the property of other people or causing ill effect to others‚ criminal activities are occurred usually. Sometimes people involve themselves with some activities to injure others due to personal clash or from ill temperament. Some activities which may be done to cause simple injury

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    iA Limited Liability Company (LLC) is a business structure allowed by state statute. LLCs are popular because‚ similar to a corporation‚ owners have limited personal liability for the debts and actions of the LLC. Other features of LLCs are more like a partnership‚ providing management flexibility and the benefit of pass-through taxation. Owners of an LLC are called members. Since most states do not restrict ownership‚ members may include individuals‚ corporations‚ other LLCs and foreign entities

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    probable loss and decision of management. What is an extraordinary item per GAAP rules? The rules are specific.  Features of Extraordinary Items per GAAP are: 1. Unusual nature 2. Occurred not frequently http://accountinginfo.com/financial-accounting-standards/asc-200/225-20-extraordinary-items.htm Do you believe that the terrorist attack on 9/11/01 was an extraordinary event for financial reporting purposes? Do you believe that the losses from Hurricane Katrina in 2005 should have been reported

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    The limited liability partnership; A hybrid of two different forms of business organizations – the partnership and the company. The Limited Liability Partnership (LLP) was introduced as a new business entity in Singapore in 2005. Its definition under S14 of the Limited Liability Partnership Act (LLPA) shares a resemblance to S1 of the Partnership Act (PA): it comprises of two or more persons carrying on a lawful business in view of profit upon registration with the Accounting and Corporate Regulatory

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    What Type of Perfromance

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    1. What type of performance is it? 2. Where and when is this performance occurring 3. Is it a scripted or non scripted performance? 4. Is it religious or secular in nature 5. Is its content authored‚ collective or improvised? 6. Are technologies used? How? 7. List a sequence of actions and discuss what the performers bodies do (dance rhythmic patterns etc.) 8. Is music used 9. Describe the space and or setting of the event (architecture and design/ public or private

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    Animal Rights and/or Animal Abuse: What Place Do Animals Have In Our Society? Tabitha Mason ITT Technical Institute Written Analysis EN3220 Ms. Stacey Tetloff May 27‚ 2012 A few weeks ago I decided to do my research paper in regards to animal abuse. Knowing from the very beginning that I was completely against animal abuse I thought that this paper would be a piece a cake. All I would have to do was to give examples of actual cases of animal abuse

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    Contingent Liabilities

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    financial accounting standards statement sets up the foundation for reporting and accounting for loss contingencies. A contingent liability is a potential liability that might‚ or might not happen in the future. For example this could be a lawsuit‚ a product warranty‚ a possible tax assessment‚ a government investigation‚ or even an environmental contamination. A contingent liability and the associated loss are recorded as a journal entry only if the contingency meets these two criteria; A.) the contingency

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    Types of Business Writing

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    Broadworth General Hospital Human Resources Department 1204 Medical Ct. Green River‚ WY 82935 May 1‚ 2013 Attn: Jeremy Dittmer‚ Employee Relations Manager Wydade Consulting Services 98 Uinta Way Green River‚ WY 82935 To whom it may concern: Firstly‚ I would like to thank Wydade Consulting Services for the reliable support on behalf of Broadworth General Hospital. My name is Randee Morrow and I am representing Miriam Hopkins‚ Human Resources Director. Per Ms. Hopkins’

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    Types of Business Writing

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    Sonotrax Series Ultrasonic Pocket Doppler Section 1 SPECIAL 510(K) DEVICE MODIFICATION 510(k) Summary of Safety and Effectiveness This summary of 5 10k safety and effectiveness is being submitted in according with 2 1 CFR part 807.92 Submitter: Edan Instruments‚ Inc 3/F - B‚ Nanshan Medical 109 AGI 20 Equipments Park‚ Nanhai Rd119‚AG1020

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    Liability for Omissions

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    Liability for Omissions The law has historically been reluctant to impose a general liability for omissions as opposed to positive acts. This means that there is no general duty of care in tort to act in order to prevent harm occurring to another. In Smith v Littlewoods Organisation‚ Lord Goff stated clearly that “the common law does not impose liability for what are called pure omissions”. Similarly‚ in Yuen Kun Yeu v A-G of Hong Kong‚ Lord Keith stated that people can ignore their moral responsibilities

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