Identify and explain any FOUR (4) characteristics of a partnership. A partnership means a business is founded by two or more individuals‚ for example like small businesses which including retail or services business. There are certain characteristic for partnership‚ the first characteristic is partnership is limited life. Partnership may only established in certain year based on the partnership agreement. Partnership is easy to be terminate if one of the partner is death‚ bankruptcy or do not carry
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Some Basic Characteristics of American Democracy Several unique characteristics of our political system are listed below. • Popular consent is the idea that governments draw their powers from the governed. • Popular sovereignty is the right of the majority to govern themselves. • Majority rule holds that only those policies that collectively garner the consent of a majority of citizens will become law. • Individualism is the value and focus placed on individuals in our democracy and culture
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MUTAMBWA DUE DATE : 30 MARCH 2012 Q : Effective communication is the backbone of any business organisation. Discuss. Communication can be defined as a two way process of reaching mutual understanding in which participants not only exchange(encode and decode) information but also create and share meaning. Effective communication is whereby the information send must be received and understood by the receiver in the
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Characteristics of an entrepreneur Entrepreneurs have many of the same character traits as leaders‚[10] similar to the early great man theories of leadership; however trait-based theories of entrepreneurship are increasingly being called into question. Entrepreneurs are often contrasted with managers and administrators who are said to be more methodical and less prone to risk-taking. Such person-centric models of entrepreneurship have shown to be of questionable validity‚ not least as many real-life
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quest for answers to the meaning of life is universal. It is not surprising then that the world’s major Religious Traditions share many characteristics. Using the characteristic headings from the Oxford Studies of Religion text book: - Name each of the characteristics of religion. - Write a comprehensive definition for each characteristic. For each characteristic‚ give TWO detailed examples from the Christian tradition‚ and ONE detailed example from another tradition. (1 ½ - 2 pages) Religion provides
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‘Leaders should lead by example’ so the saying goes. There are certain characteristic found in some people. It is just that‚ they put them in a position where people looked up to as a leader. People often say ‘ He or she is a born leader’. Whether in fact a person is born a leader or develop skills and abilities to become a good leader is open for debate. There are some clear characteristics that are found in good leaders. These qualities can be developed and naturally is the part of their personality
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ESSENTIAL ELEMENTS OF A VALID CONTRACT: To be enforceable by law an agreement must possess the essential elements of a valid contract as laid down by Sec.10 of Contract Act in the following terms; ‘All agreements are contracts if they are made by the free consent of parties competent to contract‚ for a lawful consideration and with a lawful object‚ and are not hereby expressly declared to be void.’ Following are the conditions for validity of the contract in detail. 1. Offer and Acceptance:
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Personality Characteristics Lisha Storment PSYCH/502 April 27‚ 2010 Scott Duncan Abstract This paper will describe the personality characteristics that enabled the development of my personality during my childhood years of early development‚ family and social relationships‚ and also the educational background that was and is a key component to my development. Personality can be defined as life’s experiences that have been ensconced from those around us‚ including the environment that encircles
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Essential Graphs for Microeconomics Basic Economic Concepts ( Production Possibilities Curve Nature & Functions of Product Markets ( Demand and Supply: Market clearing equilibrium (Floors and Ceilings (Consumer and Producer Surplus (Effect of Taxes Theory of the Firm (Short Run Cost (Long Run Cost
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Course 1. Characteristics of Education Family‚ society‚ mass media‚ formal educational institutions‚ influence man. We keep abreast of latest developments and learn other branches of knowledge. Education is life-long learning (Till death). It brings about integrated development. P.T‚ Training of mental faculties ensures healthy emotional satisfaction and brings about socialization. Influences‚ Inspirations‚ Maturity is obtained systematically‚ in a planned manner for harmonious and balanced
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