proprietorship is a business owned one person‚ who has full control of the business and how it is run. They also own all the assets of the business and any profit that it makes. In the same vein‚ they are also responsible for all the debts and liabilities the business accrues. There are lots advantages by being a sole trader. The first advantage is easy formation. The formation of sole proprietorship business is very easy and simple. No legal formalities are involved for setting up the business excepting
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HOUSEHOLD APPLIANCES Prepared by Bora Esen 2010 İGEME Export Promotion Center of Turkey HOUSEHOLD APPLIANCES‚ PARTS AND COMPONENTS CLASSIFICATION Harmonized System Numbers of the Products Refrigerators (household type): 8418.10‚ 8418.21‚ 8418.29 Washing machines (household type): 8450.11‚ 8450.12‚ 8450.19 Dishwashers (household type): 8422.11 Ovens‚ other cooking and small kitchen appliances‚ etc.: 7321.11‚ 7321.12‚ 7321.13‚ 7321.19‚ 8516.50‚ 8516.60‚ 8509.40‚ 8509.80‚ 8516.71‚ 8516
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potential customers. To make sure the claims you make about your offerings are truthful and to protect consumers‚ all businesses have to comply with advertising and marketing laws. Employment & Labor Law: Bringing employees on board to work in your business is an exciting milestone. You’ll want to ensure that you are conducting employment processes in accordance to the laws. Finance Law: Healthy markets—where businesses can thrive—depend upon fair and open competition. In order to protect the financial
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Multimedia Activity: Business Organization Business Law I March 4‚ 2013 Outside of a sole proprietorship‚ where a single owner owns and operates the business there are three basic types of business organizations: partnership‚ corporation and LLC‚ also known as limited liability company. (Rodgers‚ S. 2010. Chapter 13) The general requirements for each entity are the following; a partnership is defined as an association of two or more competent persons to carry on a business as co-owners
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Summery: Today McDonald’s have more than 32‚000 local restaurants serving and more than 60 million customers in 117 countries each days. McDonald operation begin in 1940 when Dick and Mac opened McDonald’s Bar-B-Que restaurant in San Bernardino‚ California. In 1948‚ Dick and Mac close the operation for the renovation and reopened after three month later with the most popular item. In 1954‚ Ray Kroc‚ as multimode‚ was attraction and operation and learnt that the McDonald brother had desired to franchise
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and working for the most part. Everything was easily accessible. I was not approached by anyone but if you needed help with finding something or you had a question about a product‚ there was staff available to assist. There were signs on the top of each isle which gives you an idea of the kind of things you can find in that particular isle. The store decor is not particularly pleasing to the eye but bearable none the less. You can pretty much find everything you need in your daily life and more at
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skin) and make (medicine – jewelry – coats – shoes – belts – bags). As a result this animal is endangered and the governments enforced a law to stop hunting it and built natural habitats to protect it from extinction. In conclusion‚ When you are in the (woods – ocean – desert – forest – jungle) ‚ you may hear their scary sounds. But don’t be afraid‚ they are just speaking to each others in a language that only
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Week 7 Learning Activity 1. Was the relationship among Grace and her sons a partnership for a term or a partnership at will? Grace Tengalhat and her sons‚ Manny and Jason verbally agreed to share the business for five years. “Partnership for a term is a partnership that exists for a specified duration or until a specified event occurs‚” (uslegal.com)‚ since they agreed for five years‚ this is a partnership for term. A partnership at will is when a partnership is made with no fixed term. 2. Did
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Assignment 5- P6/P7 In this assignment I am going to explain how the government supports the development of e-business and I will use example to support my answers. Also I am going to produce a personal development plan to aid an individual to prepare for increased use of business online. Government e-commerce regulations about online business The E-commerce Regulations apply to businesses which sell goods or services to businesses or consumers through a number of different ways. These can
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Place as a way of thinking about business organisations and their environments What are food miles? - http://web.archive.org/web/20080307061635/http://www.bbc.co.uk/food/food_matters/foodmiles.shtml Thanks in part to concerns about climate change‚ more people are stopping to consider the impact that everyday goods - including food - have on the environment. Food miles‚ the distance food travels from field to plate‚ is a way of indicating the environmental impact of the food we eat. Half the vegetables
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