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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What type of goals do I need for investment settings? If you have decided to invest‚ it is important that your investment goals are realistic .By having these goals‚ you will be on your way to controlling your financial future. You may have not one‚ but several or many goals. Your investment strategy will be based on your goals and the amount of risk you want to take. Time is an important part of investing. If your money is invested for longer‚ you will be able to reach your goals because of
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Pros and Cons of owning an apex predator Before I can discuss the arguments of each side of this debate I must describe what it means to be an apex predator. An apex predator is an animal that has no natural predators and are usually at the top of the food chain. This description covers a wide variety of animals ranging from lions‚ tigers‚ and bears to other exotic creatures. There have been many arguments from both sides on how to handle these animals. Many people see these animals as
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References: * Aaker‚ David A.‚ and Robert Jacobson‚ (1987)‚ The Role of Risk in Explaining Differences in Profitability‚ Academy of Management Journal‚ 30(2)‚ 277-296. * Bank Investment Consultant‚ (2006)‚ Characterizing Risk‚ Bank Investment Consultant‚ 36-37 * Barnes‚ Leo‚ (1977)‚ Long Lead vs * Bhargava‚ Vivek and D. K. Malhotra‚ (2006)‚ Do Price-Earnings Ratios Drive Stock Values?‚ Journal Of Portfolio Management‚ 33(1)‚ 86-92 * Bird‚ R * Blume‚ Marshall
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ASSIGNMENT 1 Case study 1 Reinventing the Wheel at the Apex Door Company Jim Delaney‚ president of the Apex door‚ has a problem. No problem how often he tells his employees how to do their jobs‚ they invariably “decide to do it their way”‚ as he puts it‚ and arguments ensue between Jim‚ the employee‚ and the employee’s supervisor. One example is the door design department‚ where the designers are expected to work with the architects to design doors that meet the specifications. While
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Jim Delaney‚ president of Apex Door‚ has a problem. No matter how often he tells his employees how to do their jobs‚ they invariably “decide to do it their way” as he puts it‚ and arguments ensue between Jim‚ the employee‚ and the employee’s supervisor. One example is the door-design department‚ where the designers are expected to work with architects to design doors that meet the specifications. While it’s not “rocket science “as Jim puts it‚ the designers invariably make mistakes-such as designing
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End of Seminar Project: Apex Care Pharmacy Seeks to Increase Revenue and Reduce Competition from Chain Pharmacies by Focusing on Mental Healthcare Facilities AMBA 604 Section 9046 Professor Sundar March 15‚ 2009 Table of Contents Executive Summary 3 Introduction 4 Project Management Plan 4 I. Project Overview 4 Project Goal 4 Project Manager 4 Project Team 4 Team Contract 4 Project Deliverables 5 II. Project
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Accel Partners VII by Steven N. Kaplan1 Graduate School of Business‚ University of Chicago As the summer of 1999 began‚ Julie Robins‚ the chief investment officer of the Angel Foundation‚ was considering whether to invest in Accel Partners’ latest venture capital fund – Accel Partners VII. Accel was seeking to raise $500 million. The Angel Foundation had been a limited partner (investor) in Accel’ previous three funds – Accel Partners IV‚ V‚ and VI. Those s funds had generated returns
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Group Assignment (Company Valuation Assignment) Company: TRAPHACO JOINT-STOCK CO (Ticker on HCMC stock exchange: TRA) Submission Date: Week 10‚ 26 April 2013 [Syndicate (Group) Assignment – minimum 3/maximum 5 students per syndicate] For this assignment you are required to use publicly available information to analyse a publicly listed company and prepare a report which provides an assessment of the company’s current position and future prospects‚ and which incorporates
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Part A Relevant Law Relationship of Partners to Outsiders Common Law Position An outsider has two possible grounds to recover from the partnership – where the partner has actual authority or apparent authority. Actual authority: the authority of a partner to do acts clearly stated and agreed to by the other partners (whether written or oral). Apparent authority: the authority that the partner appears to have to third parties (e.g. buying and selling goods‚ receiving payments‚ issuing
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