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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of Partnerships: Scott Osborne The applicable law: Partnership Act 1892 (NSW) The relevant law is contained in the Partnership Act (PA) of each of the jurisdictions. All are based on the PA (1890) UK Act. The contractual nature of Partnerships Partnerships are essentially contractual. Defining a Partnership [s.1 PA 1892 NSW] The PA defines a partnership as “the relation which exists between persons carrying on a business in common with a view of profit” Partnerships are
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nershipCHAPTER 2 RECONSTITUTION OF A PARTNERSHIP FIRM Partnership is an agreement between the members of a firm for sharing the profits of the business carried on by all or any of them acting for all. Any change in this relationship amounts to reconstitution of the partnership firm. A change in the partnership agreement brings to an end the existing agreement and a new agreement comes into being. This new agreement changes the relationship among the members of the partnership firm. Hence‚ whenever there
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Promoting communication in children’s and young people’s settings. There are lots of different reasons why people communicate: to establish direct / indirect contact with others and then to maintain that contact‚ to reveal their emotions‚ thoughts‚ pass the knowledge‚ to maintain the flow of information‚ to be able to exchange views and to establish relationships with others. In the process of communication each word and gesture is of great importance as it may affect that process. As we communicate
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and Girl by Jamaica Kincaid‚ are two texts about parents giving their kids advice about the real world. In Girl a mom is writing to her daughter about specific rules she needs to follow in the real world to become a successful women. In If a father is telling his son about basic rules he can follow. The Two texts might sound the same‚ but they are also different. In both texts “If” and “Girl” they both have a similar topic that is they are both getting advice from their parents. I know this because
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Advice to take into consideration of all ages for high school classes would have to be when homework is assigned just do it the first time and don’t put it off‚ because when you put it off that work often ends up never getting finished on time and just makes things a lot more difficult for you down the road in high school. Another big key to high school is‚ even though it’s the start of your freshman year; it’s not anything like the years before and is definitely no place to goof off and not do
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1.3) Explain conflict management techniques that may be used to resolve team conflicts. Conflict can occur in many situations in the workplace such as‚ when there is an organisational change or‚ when people’s personalities clash. When there is a personality conflict between colleagues these issues should be looked at from the other person’s point of view to try and understand them and determine what may cause someone to act this way; you can also look at how others interact with them to gain knowledge
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PARTNERSHIP It is a CONTRACT whereby two or more persons (1) bind themselves to CONTRIBUTE money‚ property‚ or industry to a COMMON FUND (2) with the intention of dividing the PROFITS among themselves or in order to EXERCISE a PROFESSION a STATUS and a FIDUCIARY RELATION subsisting between persons carrying on a business in common with a view on profit CHARACTERISTICS OF THE CONTRACT OF PARTNERSHIP [C‚ C‚ L‚ I‚ AS‚ NP] 1. CONSENSUAL perfected by mere consent
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family. For example the divorce law has made it easier and cheaper for women to get divorced‚ which means has had a knock on effect with families. The way it’s had a knock on effect is that there have been more divorces‚ less people getting married first time‚ and more people getting married for the second time‚ which is called the reconstitued family. You also have more and more people moving in together before they want to marry‚ so they see how well they live together‚ and this is called cohabitation
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and health consultant‚ you are asked to provide toxicological advice on the potential health hazards associated with the following three situations: i) A construction company is about to start work demolishing an old building which is known to contain blue asbestos (crocidolite). ii) A company stores large quantities of acetone and is concerned about the possibility of a chemical spill. iii) A freezing works has identified a potential hazard – a leak in pipe work which could result in a major ammonia
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