Nature of Partnerships Nature of Partnerships When starting a business‚ it can be with a sole proprietorship‚ a partnership‚ or as a company. A partnership is the most popular and the easiest to form. Partnerships combine individual talents and skills together for a hopefully successful business enterprise venture. Man has realized that it is easier to do something with the help of others than singly. Partners‚ also‚ provide a greater chance of obtaining equity capital for their business venture
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1) Discuss with illustrations 6 items chargeable under the head "Income from other Sources". The 6 items chargeable under the head “Income from Other Sources” are: 1. Insurance commission: Mr. A‚ a B. Com. Graduate‚ is an LIC agent and sells policies. The commission he earns on selling the policies will be taxable under Income from Other Sources. 2. Dividend income: Mr. B an Indian resident and shareholder of XYZ Co. (based in USA) receives dividend on those shares. This dividend income
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The forces within the general environment‚ including politico legal‚ economic‚ technological‚ socio cultural and international forces‚ have a broad general impact on the organization. Although these forces do not always have a direct influence on the organization’s daily activities‚ they are important for several reasons. First‚ forces in the general environment can evolve into significant trends with far-reaching effects. A good example is the increasing interest in protecting natural resources
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Bautista III‚ Romeo J. June 30‚ 2012 BSHRM General Psychology TOPIC: Trauma Trauma is an emotional response to a terrible event like an accident‚ rape or natural disaster. Immediately after the event‚ shock and denial are typical. Longer term reactions include unpredictable emotions‚ flashbacks‚ strained relationships and even physical symptoms like headaches or nausea. While these feelings are normal‚ some people have difficulty moving on with their lives. Psychologists can
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“There are controversies surrounding the concept of abnormality.” With reference to this statement‚ discuss the concepts of normality and abnormality. There are controversies surrounding the concept of abnormality. With reference to this statement‚ discuss the concepts of normality and abnormality Psychologists are posed with a difficult task: it is difficult to define and therefore diagnose abnormality because it is‚ to a large extent‚ based on the symptoms people exhibit or report. This paper
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INCOME INEQUALITY IN THE UNITED STATES OF AMERICA Still to date‚ the problem of income inequality is an issue of a great importance for million of African-Americans and others who struggle to improve their quality of life. It must be known by now‚ that economic injustice has had a devastating impact on black communities all across America. Issues such as inequality and racial discrimination in education‚ the social environment‚ and economics have gone on for too long‚ and it has been engraved
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10/01/2013 General Psychology Operational definitions - Academic achievement depends on the student. A child could have maladaptive strategies but also exhibit norm breaking behavior. - The ability to match faces with corresponding names is easier done if one is to see the persons face first and then write down the name‚ also one will be able to remember the faces for a longer length of time this way; rather than showing the name and having to give facial characteristics. Neurons - Dendrites
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General Motors General Motors is a well known American company that is responsible for the fabrication and production of vehicles under others subsidiaries or brands such as Buick‚ Chevrolet‚ Cadillac‚ GMC‚ Oldsmobile‚ and Pontiac. Besides of the American brands there are other brands working through joint ventures like Opel‚ Wuling‚ Vauxhall‚ Holden‚ and Faw Jiefang. It seems to be an interesting strategy of market power the diversity of vehicles and models oriented to satisfy the necessity of the
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The requirement of general education improves a student’s common knowledge and enforces doing more than the bare minimum to obtain one’s dream career. Despite many surveys proving the importance of the core courses‚ many people do not believe education should be broad based in liberal arts. Not only will the liberal arts courses positively affect someone in the workplace‚ but also make him or her a more educated person to impact society. These courses expand the range of opportunities a person has
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Inequality is an extremely controversial topic‚ there are infinite ways of measuring inequality - wealth‚ income and opportunities are just a few of them. Income inequality is the difference of household earnings and there are many factors that come in to play. It is by no means new to our society; before 1980‚ the top 1% was paid on average 80% more than the median wage (Bourguignon‚ 2015). As with any statistical modelling and measuring approach‚ there is a great deal of complexity to capture absolute
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