and coincided with the appearance of the first democratic systems in the countries of the Old and New Worlds. In the 18-20th centuries‚ the institution of presidency became an integral part of the republican form of government and an important feature of the democratic system. The modern form of the democratic republic derives from a very long lineage that can be traced back to the ancient Greek city-states‚ which include several that existed on the present-day territory of Ukraine (Olvia‚ Pantecapaion
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Organizational Forms A. Explain how at least six of the seven key characteristics listed in the introduction to this task apply to each of the following organizational forms: The goal of this report is to provide the owner of the business with a clear guide to each organizational form as well as how each characteristic applies to each form. A1a. Sole proprietorship A sole proprietorship is a business form in which one person is the owner of the business. Within this form the owner has no
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Test Outline Questions Democracy: form of government in which laws are made by a direct vote of citizens. Indirect democracy involves elections with candidates often coming from competing political parties. Authoritarian Government: A system of government in which rulers accept unquestionable obedience from those who they rule. Dictatorship: Form of government in which one leader holds absolute power over their state and is unrestricted by law‚ written constitutions or other limits. Negotiate:
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Disadvantages of Democracy Making the wrong choice In a democratic country‚ it is the common man who has the supreme right to choose their legislature and their prevailing authorities. As per a general study‚ not all the people are completely conscious of the political circumstances in their nation. The common masses may not be acquainted of the political matters in their society. This may lead to common man taking an erroneous selection during election. Authorities May Lose focus As the government
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shareholder may be subject to taxation on the profits paid out. This can result in greater taxation than if a corporation was not used for the business. C corporations pay taxes on profits when corporate income is distributed to owners (shareholders) in the form of dividends. This is the first taxation. The shareholders who receive dividends must also pay taxes for this distribution on their personal returns. This is the second taxation of the same money. The corporation itself does not pay taxes twice‚
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AN OUTLINE OF BASIC PARLIAMENTARY PROCEDURE Prepared by Douglas N. Case Parliamentary Authority: Robert’s Rules of Order‚ Newly Revised‚ Tenth Edition‚ 2001. I. Rules Governing an Organization A. State and Federal Law - governing cor porations‚ tax-exempt organizations‚ public legislative bodies‚ etc. B. Articles of Incorporation - applicable to corporations C. Governing Documents of Parent Organizations - applicable to chapters‚ affiliates‚ etc. of larger organizations D. Local
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COMPARATIVE STUDY ON THE SYSTEM OF GOVERNMENT IN THE PHILIPPINES I. INTRODUCTION A question about the best form of government suitable to a particular country is a problem as old as the study of political science. Truly‚ this was the very question that agitated the birth of the art of politics. During the not so recent period in the history of governments‚ there was a mass exodus among various states to experiment on the promised wonders that parliamentary government can offer. Not exempted from
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use new forms of payment. The emergence of Internet had brought about a change in which payments are processed. Now‚ the scene is beginning to change as there are various other advancements coming up which is beneficial for the users. One of it is Bitcoin‚ which
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INTRODUCTION Companies need to choose from among various sources of finance depending on the amount of capital required and the term for which it is needed. Finance sources can be divided into three categories‚ namely traditional sources‚ ownership capital and non-ownership capital. Traditional sources are the internally generated capital (retained earnings); ownership capital is the capital owned by shareholders of the company (ordinary shares) while non-ownership capital includes funds from lenders
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To Form an LLC or Not A limited liability company (LLC) is one of many ways to formally structure a business. The best way to describe an LLC would be as a cross between a sole proprietorship/general partnership and a corporation. “The "LLC" has only been in existence for roughly 26 years and there are some definite pros and cons” (Chapo‚ 2007). Advantages of LLCs There are many benefits to forming an LLC. They are easier and less expensive to start than other forms of business‚ but not every
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