practice session and prepare the report based on my personal experience‚ observation and acquired practical and theoretical knowledge‚ As an BBA student I shall try my level best to cover the SME Loan Disbursement and Recovery Procedures of Jamuna Bank Limited in my report. As a part of course structure of the Bachelor of Business Administration(BBA) program of WUB‚ every student have to conduct an internee program in any organization to acquire practical knowledge after completing vast theoretical courses
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readily be sold. A partnership is a legal entity that is jointly owned by two or more individuals. As with a sole proprietorship‚ the owners are personally liable for all debts of the firm unless a special type of partnership‚ the limited partnership is set up. Limited partnerships are complex legal structures‚ and one partner must retain unlimited liability for the debts of the firm. Even partnership agreements for regular partner ships can be quite complex. The advantages of a partnership include:
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using its common seal └ Common seal is the signature of the company Types of Company Companies by liability S. 14(2) Companies Act 1965 provides 4 types of companies by liability:a. A company limited by shares; └ S4 company formed on the principle of having the liability of its members limited by the memorandum to the amount (if any) unpaid on the shares respectively held by them └ Liability of a member of this company will depend on whether his shares are fully paid or not └ If holds
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Phoenix collegiate 12H Unit 1 The Business Environment Contents Task 1 Two Businesses on our door step * Types of businesses‚ purpose and ownerships of two contrasting businesses * Different stakeholders who influence the purpose of two contrasting businesses * How are two contrasting business are organised? * How the styles of organisation help them to fulfil their purposes? * Points of view of different stakeholders seeking to influence the aims and objective of two
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some of the partners to limit their liability. With this arrangement‚ the partners are designated general partners and have unlimited liability for the debts of the firm. The other partners are designated limited partners and are liable only for their initial contribution. However‚ the limited partners are normally prohibited from being active in the management of the firm. 3. In a corporation‚ what group has the ultimate responsibility for protecting and managing the stockholders’ interests?
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THE ORGANIZATIONAL PLAN The organization plan must include location of your organization‚ describe the area in which it works - is it just your country territory or maybe its reach is beyond borders. In the plan‚ introduce an organizational structure of your organization‚ present professional experience and achievements of people who are to manage the project and this will authenticate your intentions. Present the employment plan for the next few years. How many people you are going to hire and
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Vanessa Lefler Bus 210 Week 2 Checkpoint A friend of mine and I are going to try and open a business doing accounting and bookkeeping but are having a hard time choosing if the form of business organization we will operate as will be joint stock‚ limited liability‚ partnership‚ or a sole proprietorship. A joint-stock company is where business owners raise capital by issuing stock certificates of its ownership. This means selling stock to investors that guarantee them a certain percentage of the
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business. Lou‚ Jose‚ and Miriam should choose to have a limited partnership with the restaurant and bar. “A partnership is a relationship existing between two or more persons who join to carry on a trade or business. Each person contributes money‚ property‚ labor or skill‚ and expects to share in the profits and losses of the business.” Lou‚ Jose‚ and Miriam will be business partners. It would be best to venture into this type of business as a limited partnership Lou and Jose will take care of the business
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1.0 Introduction The Memorandum of Association of Beximco Pharmaceuticals LTD Report provides a complete overview of the company’s memorandum since its inception. 1.1 Objective of the Study The purpose of the report is to understand Memorandum and various particulars. 1.2 Scope of the report ❖ The report contains the company’s profile and data about the owners‚ senior executives‚ locations‚ subsidiaries‚ markets‚ products‚ and company history. ❖ The report explains the company’s
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