PARTNERSHIP It is a CONTRACT whereby two or more persons (1) bind themselves to CONTRIBUTE money‚ property‚ or industry to a COMMON FUND (2) with the intention of dividing the PROFITS among themselves or in order to EXERCISE a PROFESSION a STATUS and a FIDUCIARY RELATION subsisting between persons carrying on a business in common with a view on profit CHARACTERISTICS OF THE CONTRACT OF PARTNERSHIP [C‚ C‚ L‚ I‚ AS‚ NP] 1. CONSENSUAL perfected by mere consent
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as a partnership. A partnership is created in law when two or more persons agree to carry on a business together. This agreement can either be put in writing or oral. The law relating to partnerships is largely contained in the Partnership Act 1890 (hereafter "PA 1890"). Section 1 of the PA 1890 defines a partnership as "the relation which subsists between persons carrying on business in common with a view to profit. "It is important to note at the outset that‚ unlike a company‚ a partnership does
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Promoting communication in health‚social care or children’s and young people’s settings SHC-unit 31 Task 1: Health and social care professionals need good communication skills to develop positive relationships and share information with people using services. They also need to be able to communicate well with people’s families and/or carers and their own colleagues and other professionals. Communication is the process of sharing information between two or more individuals in order to
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PROMOTE COMMUNICATION IN HEALTH‚ SOCIAL CARE OR CHILDREN’S AND YOUNG PEOPLE’S SETTINGS 1.1 IDENTIFY THE DIFFERENT REASONS PEOPLE COMMUNICATE Human beings talk‚ listen‚ touch and see in order to be socially engaged within society‚ to realise their status in society and to allow others to become aware of their needs. In a young peoples care settings‚ good communication is vital primarily to build trust and respect between the different parties who live and work there. Effective communication will
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ACCOUNTING FOR PARTNERSHIPS ADINDA L.S CASES 1. 2. 3. 4. 5. Forming a partnership Dividing income Admitting a partner Liquidating partnership Statement of partnership equity Forming a partnerships Cash Account Receivables Merchandise Inventory Equipment Office equipment Machine Land Building xxx xxx xxx xxx xxx xxx xxx xxx AFDA Account Payable Notes Payable A Capital xxx xxx xxx xxx Dividing Income Dividing Income Income Summary A Capital
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ARTICLES OF PARTNERSHIP OF TONCLINTX PASTRY PRODUCT And T-SHIRT PRINTING SERVICES Know all men by these presents: That we‚ all of whom are citizens and residents of the Philippines and of legal age‚ do hereby voluntarily associate ourselves to form a general partnership in accordance with the laws of the Philippines‚ and we hereby certify: ARTICLE I That the name of our general partnership shall be TONCLINTX PASTRY PRODUCT and T-SHIRT PRINTING SERVICES.
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Historical Background PARTNERSHIP 1st Sem; 2003 the Roman law‚ the law merchant and equity‚ and the common law courts. Governing law in our jurisdiction Before the new Civil Code‚ commercial or mercantile partnerships were governed by the Code of Commerce and non-commercial or civil partnerships by the old Spanish Civil Code. The new Civil Code superseded the old Civil Code and expressly repealed in toto the provisions in the Code of Commerce relating to partnerships. Consequently‚ the new
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UNIT 8.1 To be able to promote Equality and Diversity when working with young people The current legislation and codes of practice relevant to the promotion of Equality and Diversity are RACE EQUALITY The general race equality duty requires us to have due regard to the need to * Eliminate racial discrimination * Promote equality of opportunity * Promote good relations between people of different racial groups DISABILLITY The Disability Discrimination Act 2005 placed a general duty
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of Partnerships: Scott Osborne The applicable law: Partnership Act 1892 (NSW) The relevant law is contained in the Partnership Act (PA) of each of the jurisdictions. All are based on the PA (1890) UK Act. The contractual nature of Partnerships Partnerships are essentially contractual. Defining a Partnership [s.1 PA 1892 NSW] The PA defines a partnership as “the relation which exists between persons carrying on a business in common with a view of profit” Partnerships are
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Blaise Pascal (1623-1662) France Pascal was an outstanding genius who studied geometry as a child. At the age of sixteen he stated and proved Pascal’s Theorem‚ a fact relating any six points on any conic section. The Theorem is sometimes called the "Cat’s Cradle" or the "Mystic Hexagram." Pascal followed up this result by showing that each of Apollonius’ famous theorems about conic sections was a corollary of the Mystic Hexagram; along with Gérard Desargues (1591-1661)‚ he was a key pioneer
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