Equal Employment Opportunity and Employee Rights Review Business environments today display diversity‚ a numerical composition that reflects different kinds of people‚ such as men and women of different ethnic origins‚ educational experiences‚ and professional backgrounds (Beamish‚ Morrison‚ Inkpen‚ & Rosenzweig‚ 2003). A vast amount of organizations are emulating a diverse workforce. Fair treatment of employees is the responsibility of the human resource management team within a firm. Footsteps
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recent hints proffered both by law reformers[2] and judges that it is necessary to reassess the policy balance struck by the imposition of personal liability on directors under the insolvent trading regime.[3] In this context the great import of the decision of the New South Wales Supreme Court in Hall v Poolman[4] (hereafter ‘Poolman’) cannot be overstated. The judgment of Palmer J treats‚ inter alia‚ several live and controversial issues going to the heart of company law and insolvency jurisprudence
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sector of business. With strengthening Asian currencies and lowering prices of aircraft‚ Asian buyers are given an edge to engage in acquiring leasing business. The shift of leasing form West to East is more apparent in Japan and China‚ where healthy stable economic growth persists and the needs of domestic and international aviation increases. The articles “Aircraft Leasing Shifts East From West” published by The Wall Street Journal Asia (2012) and “Jettisoning the Aircraft Leasing Business” by The
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| Sole Proprietorship | Partnership | Joint Stock Company (JSC) | Definition | It is the type of business organization in which one person owns and operates in business | The relation between persons who have agreed to share the profits of a business carried on by all any one of them acting for all. | A company is an association of person who contribute money to a common stock and use it for a common purpose | Legal entity | It contain separate legal entity apart from its owners | It contain
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partners (Civil Code of the Philippines‚ Article 1768) -An Association of two or more persons to carry on‚ as co-owners‚ a business for profit. (Uniform Partnership Act‚ Section 6) -Partnerships resemble sole proprietorships‚ except that there are two or more owners of the business. Each owner is called a PARTNER. -Partnerships are generally associated with the practice of law‚ public accounting‚ medicine and other professions. Partnerships of this nature are called general professional partnerships
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1. Does a partnership exist? a. Is there a business? i. Yes. S1(b)‚ Hope v Barthrust City Council (1980) 144 CLR 1‚ implied that a business is a commercial activity which has repetition & continuity. The judge held that “a business is a commercial enterprise which is a going concern engaged for the purpose of profit on a continuous & repetitive basis”. b. The business must be carried on i. This again involves continuity and repetition. The case had mentioned that the restaurant would run from a leased
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LST2LBA LAW OF BUSINESS ASSOCIATION SEMESTER 1 2011 Assignment 2 Wincy Lo ID: 17000168 MONDAY 2:00pm Dr Philipp Maume 19 May 2011 To determine if Glamour Developments Pty Ltd (Glamour) is liable to pay Sarah‚ whether or not Jane had authority to enter into such contracts on behalf of Glamour must be established. To establish the existence and type of authority an agent has in terms of acting on behalf of the principal‚ we must examine agency law‚ the indoor management rule and the
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Types of Business Business is any activity that seeks to provide goods and services to others while operating at a profit. Business is the solution of how to get money‚ although business can be very risky. Anyone in the world can open a business‚ but there are some steps before deciding how would they structure their business. They will need to know their options. There are many ways to organize a business; the five most common ways are sole proprietorship‚ partnership‚ limited partnership‚ Limited
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corporation. However‚ the difference between business partnership and a joint venture is that a former may be established before a company is formed while the latter is a collaboration of 2 or more existing entities forming a tie. It must be cleared though that a joint venture is still a partnership. Another important point to take note is that a joint venture can be limited to a specific time or project‚ or a formation of another separate entity from two business entities. One main reason why companies
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Meaning ▪ Features ▪ Advantages ▪ Disadvantages ▪ Suitability PARTNERSHIP FIRM ▪ Meaning ▪ Features ▪ Merits ▪ Demerits ▪ Kind of partnership firm ▪ Types of partners ▪ Partnership Deed JOINT HINDU FAMILY BUSINESS ▪ Meaning ▪ Features ▪ Advantages ▪ Disadvantages JOINT STOCK COMPANY ▪ Meaning ▪ Features ▪ Advantages ▪ Disadvantages ▪ Management ▪ Forms of companies ▪ Features‚ Merits and Demerits of types of companies
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