and only once removed from the president of the organization. So there was not many in more authority than she. The ethics in question are that the law protects employees under the FMLA. However‚ if their performance is identified as not
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choices allow the business to grow or will it dictate the demise of the future of Acme Fireworks Company? Is there a choice to be unsuccessful or just what the rest of the business world already knows. This will be a collaboration of how and why different laws and decisions affect a business. The company is going to explore protecting itself‚ or going to make a poor legal decision that could either cost the company its business license. Also what it means to be a sole business operator‚ partnership
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any type of business takes strategic planning even before the business opens. Many questions will to be asked once the concept of the business is designed. Each form has its own unique style starting from which type of business organization is decided on‚ whether it is sole proprietorship or a corporation‚ to the types of stocks that are available. Businesses today have numerous procedures to follow from start to finish. Following the right protocol of what is expected the business will grow to
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theory from the course and evidence from the case. Failure to attempt to integrate theory will lead to severe mark reduction or failure. • Referencing of all non-original material is essential. You will lose marks for poor referencing. The Faculty of Business and Economics Q Manual should be used as a guide. This is available in the library‚ for sale in the bookshop‚ and on the web. The Q Manual should also be used as a guide for correct presentation of written material. • Check your completed work for
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proprietorship. The owner is solely responsible for any debts that may occur. Income Taxes – The business files taxes as one single unit. Because profits are not shared‚ they are considered personal income to the sole proprietor. Longevity/Continuity – In a sole proprietorship if the owner dies or quits‚ the business dies as well. The only exception would be if the owner states in his or her will that the business can continue. Control – The owner has complete control in a sole proprietorship. Profit
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Acme Fireworks Margaret E. Bridges Brian Lahargoue BUS 311 Business Law 1 Growing Acme Fireworks There is much to consider when expanding a business. How will you make‚ market‚ and distribute your product. Are you willing to take full liability for your product and understanding the legalities of what happens if your product is defective? Once that has been established‚ it’s important to make sure that your business dealings are in order. The strength of the contract and what
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PROPRIETORSHIP: The owner and the business are considered one. The owner takes all the risk and receives all the profits. It is easy and inexpensive to start up a sole proprietorship however a sole owner has trouble raising capital which could limit growth. • LIABILITY –If the business fails the owner is financially responsible and my lose everything. • INCOME TAXES – The proprietor and the business are taxed together. • LONGEVITY/CONTINUITY – The business dies with the sole proprietor. • CONTROL
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References: Congressional Research Theory: The Family Medical Leave Act: An Overview Mayer. Gerald. 28 September 2012 SHRM: What is the “Key” employee provision under FMLA? 11 May 2012 FMLA AI 2010-3‚ Press Release (JUNE 22‚ 2010) Public Law 103-3. February 5‚ 1999
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Question 2 Jenny was promised by his father a pay of RM4‚000/- monthly if she comes back from USA and worked for him. Depsite getting a good job offer‚ Jenny came back immediately after graduation. It has been six months since she started working but she had received no pay. He father claims that the company is now in financial difficulties and his promise to Jenny is not binding. Advise Jenny as to whether she has any cause of action against her father. This case pertains whether a clear
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Abstract People who do business as a sole proprietor or in a partnership are liable for the torts committed by them and for torts committed by the business and its agents. The best way to avoid tort liability is to set establish their business as a corporation or a limited liability company. A corporation or limited liability company will act as its own entity for all intent and purposes. When it becomes it own entity you will have to separate your finances from that of the business. Remember that it
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