Art. 1767 - By the contract of partnership two or more persons bind themselves to contribute money‚ property‚ or industry to a common fund‚ with the intention of dividing the profits among themselves. - Two or more persons may also form a partnership for the exercise of a profession. Partnership: A partnership is a joint undertaking profit and loss A partnership is the status arising out of a contract entered into by two or more persons whereby they agree to share as common owners
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CHAPTER 21 PARTNERSHIPS TRUE/FALSE 1. Unlike a subchapter C corporation‚ a partnership is subject to only one level of taxation and can often liquidate in a tax-deferred manner. ANS: T A partnership is a flow-through entity subject to only one level of taxation. Liquidation of the partnership is generally tax-deferred. PTS: 1 REF: p. 21-2 | p. 21-3 2. Section 721 provides that no gain or loss is recognized on contribution of property to a partnership in exchange for an interest in
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these structure holding companies usually have control and influence over subsidiaries. Limited liability on the other hand‚ is the logical consequence of the existence of a separate legal entity or generally‚ the concept simply means that since the company is different from the shareholders‚ the members are only liable for the amount unpaid or their shares and not for the debts of the company When limited liability is easily and cheaply available can be explained as removing unnecessary legal
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PUBLIC LIMITED COMPANIES 1.Tata sons Bombay House 24‚ Homi Mody Street Mumbai 400 001 India 2.Reliance 3rd Floor‚ Maker Chambers IV‚‚222‚ Nariman Point Mumbai Maharashtra 400021 3.ITC VIRGINIA HOUSE 37 J.L.NEHRU ROAD‚ KOLKATA 700 071 4.Infosys No. 44‚ Hosur Road‚ Electronics City‚ Bangalore Karnataka 560100 5.ONGC Jeevan Bharti Building‚ Tower II‚‚124‚ Indira Chowk New Delhi Delhi 110001 6.NTPC NTPC Bhawan‚ SCOPE Complex‚‚7‚ Institutional
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ASSESSMENT COVER SHEET Unit Number and TitleAssessment TitleCourse TitleAssessment Code | Unit1 Business EnvironmentUnderstanding the Business EnvironmentHND Business HNDBUSCoreUnit1/Jan2013/ | Hand Out Date | 1st March 2013 | Hand In Date | 11th May 2013 | Lecturer(s) | GidraphMichikuAnujaPrasharVijay ShahDaniel RukareDhanChooramunJane EvansAdrian GauciMohit PunMichael Evans SohailChoudhurySalman Khalid | Internal Verifier | Jonathan Cartmell | Sources of information | 1. Course notes
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Scenario 4: A bridge too Far Over a number of years‚ Seancon Ltd has adopted an aggressive growth strategy via targeted acquisition together with an organic growth plan. Seancon Ltd and its numerous subsidiaries are fully owned by Cainmich public limited company. The opportunity recently arose for seancon Ltd to make an acquisition which would transform the business in regard to geographic exposure‚ revenues and profits and move the company’s position of being a top five player. The target company
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have any legal authenticity and is not valid in the court of law or any part of India. Memorandum of Understanding This Memorandum of Understanding is executed at Ahmedabad on this 16.05.2016 by and between Balrampur Chini Mills Ltd.‚ a private limited company incorporated under the provisions of the Companies Act‚ 2013 on dated 14 July 1975 bearing CIN No. L15421WB1975PLC030118 ‚ having its registered office at 234/3A A J C BOSE ROAD FMC FORTUNA 2ND FLOOR KOLKATA WB 700020‚ hereinafter referred
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ITC e-Choupal Weakness of e-choupal Although e-choupal helps eliminate the middleman and therefore allows farmers to get a better price for what they grow‚ it does nothing to solve the more fundamental problem of the inherent inefficiencies created by so many tiny farms. In addition‚ it relies on infrastructure‚ which is often lacking in rural communities. Electricity and telecommunication services can sometimes be less than 100 percent reliable in some of the places where echoupal has been implemented
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early mover advantage * Good reputation - brand recognized internationally Weaknesses * Controversial marketing strategy--pictures are too provocative‚ some people have objections * High cost structure * Over priced product * Limited customer base‚ too narrowly focused * Stores are over crowded * Poor lighting in stores * Reached market potential in the USA * Young consumers‚ spending power is debatable * Same store sales‚ do not franchise or open in department
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| The Limited Role of Women in Buddhism | | | 7/19/2010 | | In most modern religions today the roles of women are secondary to the roles of men. Most times women are supposed to be subordinate to men in such religions and this includes women of all classes and influence. But in Buddhism‚ a religion that tells us there is no self; no real difference between people; race‚ class and even gender are just titles that we must shed‚ are women’s roles still limited? And if so why is this
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