Kinds of Partners: The following are the various kinds of partners. 1. General partners 2. Special partners3. Others partners 1. General Partners: Partners who take active part ion the business of the firm are known‚ as general partners. The liability of such partners is unlimited in the firm. These partners are of two types. (a) Active Partner: A general partner who takes active part in the day-to-day affairs of the business is known as Active Partner. It is also termed as working or managing
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Freedom and the Good Life Most people believe that freedom is one of the most important things in the world. Freedom is not only mandatory for a good life but it also seems to be essential for morality .In his discussion of moral philosophy and freedom‚ Immanuel Kant wrote that “Ought implies can”. It is often said that without freedom there cannot be morality and there would not be much worth living for. Two very important questions related to are raised that are frequently overlooked. These
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Highschool: The “Good” Life In the following document I will analyze chapter fourteen from Gordon Korman’s book: Jake Reinvented. In which I will compare and contrast situations and characters from Jake Reinvented and from The Great Gatsby‚ by F. Scott Fitzgerald. I will also give my personal point of view for some characters and their actions. Conflicts At this point in the story‚ Todd already knows that her girlfriend Didi had cheated on him with Jake. So Todd crashes Jakes’ party‚ and starts
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Submitted by‚ Anil Anjum Nisar Ahmed Murtaza Naqvi Omer Akif Arundel Partners: The Sequel Project If the first movie was a success they would exercise their right and make the sequel or sell it to the highest bidder. Otherwise they would just write it off their investment schedule. The chances of making a profitable business would largely depend on a good estimate of the rights present value at the contract date. To less would not tempt the studios (inquiries indicated not less than USD 2 million
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THE GOOD LIFE? CHAPTER ONE: THE INTRODUCTION TO THE GOOD LIFE “Are you sure this is what you really want?” asked Betsy. “Of course this is what I want to do!” replied Vivian as they walked into the local barbershop. Vivian was an idealist secretary at a local law office. Although she really liked her job‚ she dreamed of a better life of fame and grandeur. Vivian sat down in the tall‚ uncomfortable barber chair as she asked him for the popular Clara Bow haircut. As the tall solemn
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Partners in the Workplace The history of unions can be traced back to the eighteenth century and the industrial revolution when this period experienced an enormous economic boom and the need for massive amounts of workers. These early workers needed union representation and many of the ideas implemented‚ such as protection for workers‚ are still found in today’s union environment ("UnionPlus‚" n.d.). Fast forward to the twenty-first century; unions are taking on new roles by collaborating with management
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determining the course of Bangladesh’s foreign relations – the words of a famous Prussian /German statesman of the nineteenth century and renowned figure in world affairs Otto von Bismark may be appropriate - “if you have five neighbors‚ you need to be on good terms with at least three”. China and India are the two powerful nations in the region that are experiencing economic expansion of unforeseen magnitude. Both China and India are easing the tensions with their neighbors by putting to rest ‘old antagonisms’
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1. INTRODUCTION In 1992‚ Arundel Partners was looking into the idea of purchasing the sequel rights associated with films produced by one or more major movie studios. Movie rights were to be purchased prior to films being made. Arundel wanted to determine if this innovative business strategy is viable by estimating the value of the sequel rights. 2. OBJECTIVE Our report aims to investigate the viability of the implementation of Arundel’s strategy in purchasing sequel rights to produce
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Every partner has some rights in the partnership firm and in the same manner; each partner is liable jointly and severally for all the acts of the firm done by him while he is a partner in a partnership firm. The firm is liable to the same extent as the partner‚ for the loss or injury caused to any third party or any penalty is incurred‚ by his wrongful act or omission of a partner acting in the ordinary course of a business of the firm or with the authority of his partners. When a firm acting
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The questions in this sample exam are mostly quantitative‚ but you should also expect some qualitative ones‚ such as true/false questions‚ on the exam. I did not include any here‚ as each true/false will require a different reasoning than others. Question 1: Consider a project with the following risk-free cash flows: t = 0 t = 1 t = 2 -40 20 25 Suppose that one year zero-coupon bonds yield 6% and two year zero-coupon bonds yield 8%. 1a) Find the NPV of the project.
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