Identify and explain any FOUR (4) characteristics of a partnership. A partnership means a business is founded by two or more individuals‚ for example like small businesses which including retail or services business. There are certain characteristic for partnership‚ the first characteristic is partnership is limited life. Partnership may only established in certain year based on the partnership agreement. Partnership is easy to be terminate if one of the partner is death‚ bankruptcy or do not carry
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association of two or more individuals to carry on a business for profit. Many small businesses including retail‚ service‚ and professional practitioners‚ are organized as partnerships. Like the other types‚ partnership contains its own features and characteristics which help to differentiate itself from the others. First of all‚ in terms of the number of partners‚ there are no less than two partners who are joint owners of the company and carry out business. In addition to general partner‚ there may also
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Characteristic of IPO Initial Public Offering (IPO) has lots of unique characteristics which including short-term underpricing‚ price stabilization‚ and investment banks. IPOs are always underpriced which means the pricing of IPOs often below its market value. This is because of concerns relating to liquidity and uncertainty about the level at which stock will trade. The lesser the liquid and uncertainty about the shares are‚ the more underpriced they will have to be in order to compensate investors
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what you want to do whilst external results of this study can be applied outside ‘truthfulness’. For example‚ the role of an investigator. How objective was the investigator? Did he or she influence the interviewee proving biasness? The second characteristic is objectivity. This is when a person is not influenced by personal feelings or opinions when considering and representing the facts. They must give unbiased remarks to the statement given. Reliability is a measure of consistency. It is the extents
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as preliminary and which contains the answer to the question of the meaning of our life. As dynamic‚ living realities‚ religions help provide meaning for those who follow them. There are many different characteristics of religion that interact to create a dynamic‚ living religion. Characteristics such as beliefs‚ sacred texts and rituals are some of many that explore these interactions. All religions are represented mainly by beliefs and rituals. It is often known that the belief of one God or
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Biomes and their Characteristics There are nine biomes in the world they are: Mountains- Very cold lack of oxygen when altitude is higher and there are alot of glaziers Tundra- It is very cold not much diversity and there are two types of tundra. Arctic and Alpine. Temperate Forest- There are wide leaves and non-seasonal vegetation and mixed forests. Marine Island- Islands are cold at night and usually has good surf. Marine ecosystems has no oxygen and full of life. Desert- Barely any plants
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Characteristic of Project 1) Importance It is of utmost importance that all the parties associated with project must understand the importance of project. Often top level management fails to understand the importance of project and such projects often tend to fail in achieving its goals. If the project is not considered important by management and teams working on it‚ it has tendency to get sidelined when prioritizing projects comes in action. 2) Scope End results for project should be clearly defined
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You are repeating ’’leader" so often that your essay don’t sound good. Just read it aloud and you’ll understand what I mean. A positive attitude is another essential quality a leader must have in order to do well in office. A leader must see things in a positive light or else everything will not go as planned. For example‚ if a huge crisis was going on and a leader had a mind of a pessimist‚ he would scare "his people" into thinking the situation is way worse than what it really is. On the other
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Chapter 1: Classification and Characteristics of Living Organisms Organisms - An individual living thing‚ such as an animal or a plant‚ is called an organism. There are seven characteristics of living organisms – Nutrition Nutrition is the process by which organisms obtain energy and raw materials from nutrients such as proteins‚ carbohydrates and fats for growth and repair. Photosynthesis is the process of nourishment of green plants. Digestion is the process of nourishment of green
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The caste system of India is one of the main dimensions where people in India socially differentiated through religion‚ class‚ tribe‚ region‚ gender and language. The Indian caste system is considered a closed system of stratification‚ which means that a person’s social status is obligated to which caste they were born into. Caste is a social status determined by a system in society based on one’s position in that position could be low and high depending on the importance attached with that position
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