Question - Differences between a limited company form of business and a sole trader form of business ____________________________________________________________ __________________ Sole Trader A structure in which a business is owned by one person‚ acting under their own name or using a ’trading name’. This person is fully liable for the company’s debts and contracts and there is no distinction in law between the business and their own personal wealth i.e. unlimited liability. This means
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M1 analyse why a sole trader might want to become either a partnership or a private limited company. Sole Trader Sole trading is where a person decides to set up a business on their own. They may employ people but there is only one owner. Most people can set up a small business if they wish‚ as there is no complicated paperwork and it is a straightforward process - you don’t need to do anything except start trading. Most small businesses are sole traders. Examples could be: plumbers‚ hairdressers
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SIMILARITIES AND DIFFERENCES ASPECTS | SIMILARITIES | DIFFERENCES | THEMES | For the short story‚ The Drover’s Wife the theme is life is precious and needs to be protected. Four innocent life would be lost if the drover’s wife fails in the duty as a protective mother.For the short story Looking for a Rain God‚ the theme is also life is precious. The moral issue on life in this story is; no one has the rights to take his or her life. Life is the gift of God and it is precious. | For the short
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making business. I will also compare and contrast the two organisations. The two companies I will be talking about is Tesco Plc and Oxfam. Tesco (founded in 1991) is a public limited company which deals in the sales of goods ranging from food to clothing and electronics. The company is well known globally holding their business 12 countries including places such as Korea and India. Tesco has 530‚ 000 workers in 12 markets/countries serving millions of customers and other shareholders per week. A Public
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Similarities and Differences of discriminatory treatment of African and Asian Americans Even though Asians came to America voluntarily and African Americas were brought involuntarily as slaves (a significant difference)‚ both share similar discrimination experiences at the hands of White Americans fighting to maintain their dominance. Similarities: Unequal pay‚ limited job opportunities as agricultural labors and domestic servants‚ defended the United States in segregated military regiments‚ refused
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Running head: Similarity and Difference Similarities and Differences Comparisons between the iGAAP and U.S. GAAP There happens to be important resemblances and dissimilarities between International GAAP and the United States GAAP in the accounting for intangible assets. Resemblances as well as dissimilarities should not come at a surprise to the accounting profession. U.S. GAAP compared to any other entity has similarities and differences‚ so therefore the iGAAP is no different. It is estimated
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Writing Effective Comparison or Contrast Essays A Comparison or Contrast essay is an essay in which you either compare something or contrast something. A comparison essay is an essay in which you emphasize the similarities‚ and a contrast essay is an essay in which you emphasize the differences. We use comparison and contrast thinking when deciding which university to attend‚ which car to buy‚ or whether to drive a car or take a bus or an airplane to a vacation site. In this section‚ two classic
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Similarities and Differences Nowadays‚ people depend more on technologies. Almost everyone has at least one hardware and software. How do people use those technologies and how do they think? Thoughts are different. I read the article “ Hell Is Other iPods” by Caspar Melville and “Someone to Watch Over Me” by Theodora Stites. I found some similarities and differences of those two articles and I would like to share my experience which relates to those two articles. First of all‚ both “ Hell Is
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John Smith‚William Bradford‚ and Mary Rowlandson encountered numerous dangerous and fatal events due to the new lives they wanted to start in this new world‚ because of this they have many similarities and differences in their writings. One big similarity was Death‚ they were surrounded by it. It was as if Death was playing a sick joke with them taking away friends and family‚ slowly eating at what little hope they had left. In John Smiths “The General History” fifty people had died from starvation
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The Trader Definition of a Trader Section 4 of the Commercial Code – The term "trader" means any person who‚ by profession‚ exercises acts of trade in his own name‚ and includes any commercial partnership. The fact that a person is considered to be trader has certain consequences and brings about certain rights and obligations. The requirements for becoming a trader: 1. No formality such as registration. But A commercial partnership requires registration. Break down of
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