of the four different forms of business organization. It is a review of the advantages and disadvantages of each form‚ including the tax‚ legal‚ and‚ accounting implications that surround them. The different type of financial statements associated with each form of business organization is also discussed. In this paper‚ based upon the synopsis that the government has released funds for creating small businesses‚ a form of business is chosen by the class member in explaining his business idea. It
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exchange. There should be a Property/Title description that is clear and specifies the tenure of the title (freehold or leasehold) and the class of the title e.g. Absolute‚ Good leasehold etc. I would be looking for concise and accurate language and terms‚ as inaccuracies could lead to an action in mis-description or misrepresentation. A title number/root of title should be present‚ as given in the Property Register‚ or conveyance more than 15 years old. Specified incumbrances should be shown
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bound by such promise or proposal‚ if it is accepted by the offeree. And an invitation to treat is the expression of the willingness to receive offers for consideration‚ a statement short of a definite offer which merely furthers the bargaining process. According to Partridge v Critteden ‚ the newspaper advertisement without sufficient details was held to be an invitation to treat only. Refer to the fact‚ the advertisement placed by Alex in Hong Kong Daily on 8th September‚ 2011 did not state
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produce a written answer for each of the following problem questions using the ILAC approach and bring your answers in print form to your tutorial class on Teaching week 3. Topics Topics 1 and 2 – Introducing Law and Exercising Legal Skills Your preparation Read Chapters 1-3 of Business Law and attend the Lectures on the first two topics. Problem 1: There are a number of websites devoted to the republic issue. Sites such as that of the Australian Republican Movement (www.republic.org.au) support
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Richard misses his plane from London to Paris. Ryan takes him there by car. As he gets out of the car‚ Richard promises to pay Ryan $1000 for his efforts Issue: Is there any consideration for the promise made by Richard? The Law: Every contract requires an offer‚ acceptance‚ and consideration. Consideration is the exchange of benefit and detriment‚ for example‚ the making of a promise in exchange for an act. If a party voluntarily acts and then the other party makes a promise‚ the act is
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Jonathan Russell MGMT 3215 03/18/13 1. The AIDA process is a sales process which stands for attention‚ interest‚ desire‚ and action. Getting a customer’s attention is the first step because without their attention‚ how can you even persuade them? It is important to get their attention right away so they will want to listen to what you have to say. The next step is keeping them interested in what you are saying. This can be accomplished by listening to the customer‚ or by demonstrating a product
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Part-I (Introduction) 1. Origin of the term paper The term paper was originated in the Prerequisite Course of the Business Environment (MKT-510)‚ by the honorable course instructor Lecturer Afreen Choudhury at the end of the 2nd midterm exam. The term paper is based on the topic of the course named “Business Environment in Robi” and an integral part of the study of Business Environment . 2. Methodology of the Term Paper The term paper was based on two sources of Data. Primary Data: The primary
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Business Law “To create a binding agreement the acceptance must occur‚ and that ‘acceptance’ must be final and absolutely unconditional. This is clear under Australian Contract Law.” As a legacy of being a British colony‚ Australian Law has been very much guided by legislation and case law from England for over two centuries. Even though a number of Acts were passed in the British Parliament gradually enabling the Australian States‚ and from 1901 the Commonwealth‚ to enact their own legislation
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Law Business Law. . March 21‚ 2005 Every year business and individuals file for bankruptcy it has almost become common practice to do so. Bankruptcy is a legal procedure that begins when an individual or business that can’t pay their debts to creditors. Sadly enough‚ there were as many bankruptcy cases filed in federal courts‚ as there were all other cases. The American bankruptcy law almost encourages debtors who are unable to pay their debts to file for bankruptcy. Is filing bankruptcy
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A CRITIQUE on Reengineering Work: Don’t Automate‚ Obliterate by Michael Hammer Harvard Business Review July-August 1990 Summary Hammer emphasises the futility of using Information Technology to mechanise the existing processes. He believes in necessity for breaking away from the outdated rules and fundamental assumption that underlie operations to keep up with the quickly changing‚ growing competitiveness. To achieve this‚ companies should use the power of modern Information
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