|PAGE NO. | |1 |Introduction |2-4 | |2 |Overview of Limited Liability Partnership|4-10 | | |Act‚ 2008 | | |3 |Tax implication
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LAW (PARTNERSHIP AND CORPORATION) GAMMAD‚ MARY JANE M. (Art. 1833-1836) ARTICLE 1833 Where the dissolution is caused bythe act‚ death or insolvency of partner‚ eachpartner is liable to his co-partners for his share of any liability created by any partner acting for thepartnership as if the partnership had not beendissolved unless: 1.)The dissolution being the act of anypartner‚ the partner acting for thepartnership had knowledge of thedissolution; or 2.)The dissolution being by the death orinsolvency
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general partnership which created when two or more persons or corporations decide to associate for the purpose of carrying on business under one business name. Liability for debts and responsibilities of the Partnership can be apportioned evenly between all partners (a ’general’ partnership) or unevenly between a main partner and a number of limited or junior partners (a ’limited’ partnership). There is no requirement for a written or formal partnership agreement‚ but many partnerships are created
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Kenny Lewis was born the 17 of March‚ 2075 in Neo York‚ younger brother by 5 years of Jonathan Lewis and son of his Mother and Father‚ Elissa and Max Lewis respectively. Kenny grew up rather quietly‚ while his brother continually came home with a cut or bruise. Reprimanded by their parents for picking fights with almost everyone he met. Throughout Kenny’s later middle school into high school years he was into fitness‚ working out every other day and keeping his body in tip top shape. Looking like
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Today’s discussion on The Lewis Model brought to attention many strengths and weaknesses I have in my cultural classification. It enlightened me on how I fall into the linear-active category and close enough to the center to be a moderator. This new knowledge of myself will help me become a better leader by understanding myself and how I can view others without my pre-perceived conceptions‚ otherwise referred to as cultural black holes. I find strengths in being linear-active person and believe
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Infrastructure Road/Highways Sector Public Private Partnership (PPP) A public private partnership is defined as “a cooperative venture between the public and private sectors‚ built on the expertise of each partner that best meets clearly defined public needs through the appropriate allocation of resources‚ risk and rewards. PPP is a way out to solve public deficit financing. It is done to give rise to speedy infrastructure growth. The Public Private Partnership has emerged as one of the most important
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What is a Trial Balance? State its objectives and characteristics. Give some reasons for disagreement of the Trial Balance. A ’Trial Balance’ is a list of all the General ledger accounts (both revenue and capital) contained in the ledger of a business. This list will contain the name of the nominal ledger account and the value of that nominal ledger account. The value of the nominal ledger will hold either a debit balance value or a credit balance value. The debit balance values will be listed
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Essay on School-Community Partnership No man is an island. This is one of the key factors towards a successful organization. Education paves a way to a progressive nation.The goal of a quality education is to develop the full capacities of the learners and to support the unfolding of individual potential. The school is a place where formal learning is being taken place.Every school has room to improve‚ has reason to reform‚ and has imperative to change. There are lots of interventions made in order
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eMARKETING MIX FOR NEW BALANCE Marketing Mix for New Balance Marketing Mix for New Balance Introduction to the Company Founded by William Riley in 1906 as the New Balance Arch Company‚ in Belmont‚ MA‚ New Balance manufactured arch supports and orthopedic shoes. During the fifties and sixties‚ athletes turned to the company for customized running shoes due to New Balance’s unique expertise in handcrafting specialized footwear. Paul Kidd bought the company in 1956 and increased the shoe-making
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1.1 The features of effective partnership working are to ensure there is good communication between all parties that ensure a high standard of care is delivered to the individual involved at all times. It ensures each party is covering all area’s and that all needs are met and that all partys have a good knowledge of who is delivering what to the individual and the contacts they have if other issues may arise and the access they have to these. 1.2 Partnership working with colleaugues is extremely
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