it must have a share capital of 38‚092‚ issued share capital must be paid in money worth 25% of the issued share capital There are also companies without share capital‚ these are called companies limited by guarantee S5 (2) b Companies Act 1963. Each member undertakes to pay a fixes amount‚ to the company in a wound-up situation. Winding up is the process leading to a company’s dissolution and legal death. The company will look to its guarantee fund. A guarantee company is considered unsuitable
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` Advantages and Disadvantages of Studying Abroad Life is an adventure. When people‘s standard of living increases‚ they often think about improving their knowledge for a better life. To do that‚ they have many ways; some may choose to study in a very expensive school in the country; some may choose to study online; and many others choose to study abroad where they can get international standard of education. Every year thousands of students travel abroad in pursuit of higher education
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Essay Number 1 What are some advantages that our federal form of government has over a strong national government in a highly centralized system? What are some disadvantages of a federal system like ours? Advantage The simple majority system‚ like others plurality / majority‚ is defended fundamentally for its simplicity and for its tendency to favor winners who are responsible for a geographically well-defined area. The most frequently cited advantages are: Provides a clearly defined choice to voters
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The advantages and disadvantages of city life Thesis Advantages -A city no doubt offers many tempting comforts and conveniences‚ pleasures and pass times‚ openings and opportunities‚ and that is why people from the country-side are pouring into it in thousands. In a city‚ there are schools‚ colleges‚ business houses and technical institutes‚ hospitals‚ charitable institutions‚ hospitals‚ cinemas‚ play - grounds‚ stadiums‚ parks‚ gardens and easy means of transport and communication
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The advantages and disadvantages of living in the country Living in the countryside has a lot of advantages‚ but also many disadvantages. As the advantage we can consider the fact that the country is less polluted and the traffic isn’t so heavy. You are fit and you don’t need to worry about your health condition‚ because in the countryside the air and water are so clean. In the country there are many plant species. There aren’t any huge blocks of flats‚ modern skyscrapers or bothersome traffic
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individuals also. This paper will analyze deficit spending‚ advantages‚ and disadvantages. In either case of advantage or disadvantage‚ deficit spending has multiple effects on economies and full of controversy. Hassan‚ M.‚ Nassar‚ R.‚ & Liu‚ C. identifies “The relationship between government deficit spending and the growth domestic product is of extreme importance for economic policy making‚ especially in times of economic downturns as has been experienced in the US and around the world in recent
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Nowadays‚ big cities fascinate us due to their versatility. However‚ there are many advantages as well as disadvantages to living in a city. Indeed‚ big cities such as London‚ Los Angeles or Rome can offer a better life‚ even taking into account the negative aspects. Due to densely built-up areas‚ everything a person needs is just around the corner‚ so using a car becomes unnecessary. If in desire of a new pair of shoes or a new pair of jeans‚ one simply needs to take the bus for a couple of stops
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Advantages and Disadvantages of Solar Energy In today’s world‚ pp seem worried about alternative energy demands in the future when we run out of oil.In addition the oil prices seem to fluctuate everyday due to world’s circumtances.Therefore‚scientists are searching for another energy that is more economical and solar energy is an answer.It’s a inexpensive‚renewable and pollution free and eco-friendly to solar energy‚ but pp can’t deny the initial costly price‚ unavailable at night and influence of
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separated husband‚ Franklin. The advantages of the epistolary novel are that the reader is privy to the private thoughts and feelings of the character-writer; everything – the plot‚ the setting‚ other characters and any theme that the author intends – is depicted from their perspective. This can also be a disadvantage in that omniscient or objective knowledge of the events cannot be derived‚ however‚ as long as the reader is encouraged to read on‚ it is an advantage and success. The plot of a traditional
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Advantages and Disadvantages of Robot Technology Many type of robots that have been created and developed by the engineers to help human managing and assisting human in daily tasks. Robots are simply machines that have the ability to perform specific tasks and typically controlled by a computer or collection of computers. The robot can only perform those tasks for which they have been programmed. Main advantage of the robot technology is the increasing in productivity‚ safety‚ efficiency
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