Accounting 3.2 – Partnership Agreement Clauses Goodwill * What goodwill represents in Lucy and Gemma’s new partnership agreement for ‘Awesome Catering’. As Lucy and Gemma start there new partnership agreement from Lucy’s old business called ‘Lucy’s Catering and combine their assets and liabilities to form a new partnership called ‘Awesome Catering’‚ Lucy’s old business‚ ‘Lucy’s Catering’ will have Goodwill as an asset. Goodwill is the monetary value given to the reputation or customer loyalty
Premium Accounts receivable Balance sheet
An exclusion clause is a term in a contract purporting to exclude or restrict the liability of one or more parties to the contract for breach of obligation . Exclusion clauses are controlled by common law and statute. The Unfair Contract Terms Act 1977 (UCTA 1977) and the Unfair Terms in Consumer Contracts Regulations 1999 (UTCCR 1999) confine the extent to which an individual can exclude or limit his business liability towards consumers. The Office of Fair Trading runs an unfair terms unit which
Premium Contract
Non-finite Clauses There are three kinds of non-finite clauses‚ namely those whose verb groups contain infinitives‚ or present participles‚ or past participles. We’ll first consider infinitives. In (1)‚ there are two lexical verbs‚ expected and go. This means there are two clauses‚ which I have put brackets around. The non-finite clause her to go is the object of expected. This non-finite clause can of course be rephrased by means of a finite clause‚ as in (2): (1) [I expected [her to go]]
Premium Non-finite verb
The equal protection clause was put in place to protect Americans who were being treated unfairly and to help prevent more people from being mistreated. All throughout history people have been treated unequally due to their differences. Time after time citizens have been denied their rights and this clause was put in place to help reduce the amount of people being affected by unequal treatment. The equal protection clause provides those in the American political system with comparable opportunities
Premium Democracy Elections Fourteenth Amendment to the United States Constitution
Introduction The inception of the Commerce Clause has led over the years the Supreme Court to explore the limitations of the power of the federal government. The interpretation of the Commerce Clause in cases like the United States v. Lopez‚ United States v. Morrison et. al. and Gonzales v. Raich provide examples of the limits of the federal government. This case discussion first touches on the Supreme Court’s position regarding the Commerce Clause before the Lopez and Morrison cases. Afterwards
Premium United States Congress Commerce Clause Supreme Court of the United States
The due process clause is found in the U.S. Constitution and guarantees individuals rights based on moral principles (Due Process Clause Law and Legal Definition. (n.d.). The U.S. government must give all legal rights that are owed to a person according to the law. The due process clause in the constitution prohibits state and local government from depriving any person of life‚ liberty‚ or property without due process of the law (Due Process Clause Law and Legal Definition‚ n.d.). Vagueness doctrine
Premium Law United States Constitution Crime
one of the highest in the West. THE RELATIVE CLAUSE A relative clause—also called an adjective or adjectival clause—will meet three requirements. * First‚ it will contain a subject and verb. * Next‚ it will begin with a relative pronoun [who‚ whom‚ whose‚ that‚ or which] or a relative adverb [when‚ where‚ or why]. * Finally‚ it will function as an adjective‚ answering the questions What kind? How many? or Which one? The relative clause will follow one of these two patterns: relative
Premium Sentence Syntactic entities Relative pronoun
BCGBC4003A/CPCCBC4003A Assignment 1 Part 1 1. Outline four areas within the above clause that could be identified as being unbalanced and give reasons why. I. The contractor gives the Superintendent‚ within 5 business days of when the Contractor should reasonably have become aware of that causation occurring‚ a written claim for an EOT evidencing the facts of causation and of the delay to WUC and any (Milestones). The reason for this being unbalanced is that 5 business days is too short of
Premium Time Delays Delay
1. An exemption is a clause in a contract that exempts or removes liability from one or both parties in certain circumstances. Exemption clauses are used frequently in business organization contract. These clauses apportion risk between the parties concerned and the law upholds them‚ assuming the parties negotiated them while drafting the contract 2. The two ways in which exemption clauses can be incorporated in a contract are: (1) Incorporation by notice and (2) Incorporation by signature
Premium Misrepresentation Tort Damages
Cluster headaches vs. Migraine headaches Stephanie Owens Com/155 February 7‚ 2013 Beth Wolpman‚ Ed.D. Cluster headaches vs. Migraine headaches Two of the most painful headaches a person can suffer with are cluster and migraine headaches. Cluster headaches are the most painful headaches someone can have‚ the pain is worse than a women giving birth to a child or broken bones. As with a migraine headache‚ the pain is like your head has been squeezed in a vise. There are treatment and preventive
Premium Hypertension Paracetamol Serotonin