Reconstitution of partnership ADMISSION OF A PARTNER SOLUTIONS 1. Since a new partner gets his share of profit from old partners‚ he must compensate the old partners for the share sacrificed by them. The amount of compensation given by the new partner is known as goodwill. 2. Assets and liabilities are revalued because the entire profit and loss due to their revaluation is divided amongst the old partners in their old profits sharing ratio. The new partner should not share such profit or loss because
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------------------------------------------------- Efforts to alleviate poverty Since the early 1950s‚ govt has initiated‚ sustained‚ and refined various planning schemes to help the poor attain self-sufficiency in food production. Probably the most important initiative has been the supply of basic commodities‚ particularly food at controlled prices‚ available throughout the country as poor spend about 80 percent of their income on food. The schemes have however not been very successful because
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that‚ AccessLine set up many strategic partnerships so that it was able to cut a huge amount of capital investment. The capital participation of McCaw was also a good strategy. Investing in AccessLine‚ McCaw was actually locked in AccessLine in any aspects. From the viewpoint of AccessLine‚ it succeeded to acquire a big client and investor simultaneously. 3. Why does AccessLine regard Apex an attractive source of
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Advantages of seeking the local partners and prepare the checklist to choose the right international partner for entering into a foreign market Thoughtful partnerships can enable north American companies to sustain in a dynamic market . A. Government: Looking at the factors like Tariff ‚policies and other conventions it would be thoughtful for the Energy projects or a Renewable energy Corporations sign an agreement with government initially when they go global which is exampled in the case study
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CHAPTER III: MANAGEMENT ASPECT A. Form of Ownership The business shall be organized under a general partnership contract as defined in Article 1767 of the Civil Code of the Philippines as‚ a contract of two or more persons who bind themselves to contribute money‚ property or industry into a common fund with the intention of dividing profits among themselves. In terms of liability the partnership shall be under the general partnership where all of the partners are liable jointly and severally with
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Each question is followed by evaluation scheme. Questions Marks Total Marks Q.No Discuss the various stages involved in the methodology of Operations Research. Briefly 1 explain the techniques and tools of Operations Research. Operations Research Methodology Techniques and tools of Operations Research 2 5 10 5 a. Explain the steps involved in linear programming problem formulation. Discuss in brief the advantages of linear programming. b. Alpha Limited produces & sells two
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invented‚ there were no physical forms of identification and as such a repeat offender could simple state another name in an effort to reduce penalty. The belief at the time was that it was virtually impossible for two separate individuals to have the exact measurements on which Bertillonage was based‚ and by virtue of this it was a credible method of identification. 2. The aspects of Bertillonage which made it useful were the eleven measurements of various parts of the human anatomy which were taken
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Roles and Functions of Health Care Managers Michele Frizzell HCS/325 August 4‚2014 Manuela Barney Roles and Functions of Health Care Managers Just like an actor in the movies‚ health care manager can play many roles. In such a diverse industry‚ one does not have to be a doctor or nurse to be involved within the health care organizations. Management in a hospital setting is going to be much different from management in a pharmaceutical setting. This paper will briefly discuss the roles and functions
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This case report discussed the financial and business situation of an investment group‚ Arundel Partners. Arundel partners focused its investments on the sequel rights of that ‘associated with firms produced by one or more major U.S. movie studios’. As owner of the rights‚ Arundel could continue or reject the production of sequel. Business The proposal was innovative but at the same time‚ very risky. According to the case report‚ ‘Arundel would purchase the sequel rights before the first film
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Part A Relevant Law Relationship of Partners to Outsiders Common Law Position An outsider has two possible grounds to recover from the partnership – where the partner has actual authority or apparent authority. Actual authority: the authority of a partner to do acts clearly stated and agreed to by the other partners (whether written or oral). Apparent authority: the authority that the partner appears to have to third parties (e.g. buying and selling goods‚ receiving payments‚ issuing
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