Uniform Partnership Act

dissolution of partnerships and its consequences on continuing on doing business after the fact which is what the case…

Corporations Act (Birt, Chalmers, Byrne, Brooks & Oliver, 2012). Also, the owner can retain full control, have rights to make decisions and get all the profits, if the business underperforms, he can offset losses against other income. However, the individual has unlimited liability since it is not a separate legal entity. That is to say, the owner is personally responsible for all the debts incurred by the business. If it goes bad, he may be forced to sell other assets and the personal…

Those involved in a limited partnership are in a unique situation in that they are only legally responsible for their investment in the partnership interest. In certain companies, “the limited partner may be subject to special tax liabilities… individual limited … partners include their allocable share of partnership income or loss on their individual income tax returns and pay taxes on that share based on their tax bracket” (Entrepreneur, 2014). Corporation Tinker & Tailor’s Home Security…

There are many choices that must be made when setting up a business but the most important question is what type of business it will be. In today’s business world there are three types of businesses sole proprietorships, partnerships, and corporations. In this paper each type of business will be explained in detail by describing advantages, disadvantages, and examples of each type of business. The first form of business is the sole proprietorship. A sole proprietorship is a business that is…

Of Mice and Men, the author suggests that the friendships between the two sets of individuals have parallel connections. By observing the characters’ position in society, the meaning of their relationship with one another, and the killing of their companion, we can conclude that there are similarities between the two partnerships.      Both sets of friends have their designated positions in society. George and Candy act as the supporters in the relationship. Lennie and…

A strategic alliance is a partnership between two or more firms to allow every enterprise to attain their strategic goals. Businesses in strategic partnership share resources, organization’s competencies, and the skilled workers until the termination of the strategic alliance. The partners in strategic alliance maintain their business status as independent and separate entity from the partnership formed. This discussion will be divided into two main components that include the merits partners…

In the modern world, there are many different countries with different systems of government. In Aldous Huxley’s utopian world, there is only one country, the “World State,” and one government, led by Mustapha Mond and the world controllers. This government system works and runs as a well-oiled machine with very little disruptions, which contributes to its success as a government. For the people of this “World State,” their government and habitations are a utopia, as is evident through the…

Pipeline Development and Management Prior to OAI’s engagement, all of the existing Partnership Directors and the Interim Chief of Partnerships had large individuals large prospect lists, which included current sponsors, active prospects, disqualified prospects, and names of potential prospects with no current activity. Each Director managed their list separately. Directors worked towards the team revenue goal, but did not have an established individual goal. Moreover, there were no activity…

ensure that their clients are receiving the best possible service. 3. Inform existing and new/potential clients of the ongoing work Garvin-Allen is doing and of the upcoming launch of AIS 8.0 Strategic Brand Campaign Positioning It is evident from the way employs and management speak about Garvin Allen, as well as how clients speak of the employees and how the company is operated that Garvin-Allen’s desire to refocus the brand promise in order to position Garvin-Allen as a “true partner” is…

Sole Proprietorship Business Characteristic of Sole Proprietorship Sole proprietorship is authorized, controlled, financed and controlled by only one person. The manager can hire a few workers or operators to assist him with the business. The sole proprietorship allotted under the Business Registration Act 1956 where this type of company is easily established and forms the greatest number of registered companies in Malaysia. The registration fee for a sole proprietor is only RM60. Examples of a…