general partnership which created when two or more persons or corporations decide to associate for the purpose of carrying on business under one business name. Liability for debts and responsibilities of the Partnership can be apportioned evenly between all partners (a ’general’ partnership) or unevenly between a main partner and a number of limited or junior partners (a ’limited’ partnership). There is no requirement for a written or formal partnership agreement‚ but many partnerships are created
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Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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and trust in business. Describe the role of finance in business. Distinguish between the different legal forms of business. Explain what has led to the era of the multinational corporation. Slide Contents 1. The Goal of the Firm 2. Legal Forms of Business Organization 3. Role of Financial Manager in a Corporation 4. Income Taxation 5. Ten Principles of Finance 6. Finance and Multinational Firm 1. The Goal of the Firm The goal of the firm is to create value for the firm’s legal owners
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JOUR SUPPLEMENTARY ESSAY Feature Characteristics The term “feature article” is quite general and can include many different forms‚ such as profile features‚ news features‚ expose’s‚ and many others. Feature journalism can also have numerous purposes‚ for example to inform‚ to educate‚ or to simply entertain. While ‘feature article’ is certainly a broad term‚ features do come with their own set of defining characteristics which make them different to a news article. Feature articles are distinguished
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distribution of goods and services with the aim of earning profits under uncertain market conditions. Features of Business 1. Exchange of goods and services All business activities are directly or indirectly concerned with the exchange of goods or services for money or money’s worth. 2. Deals in numerous transactions In business‚ the exchange of goods and services is a regular feature. A businessman regularly deals in a number of transactions and not just one or two transactions. 3. Profit
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of the website help it achieve its intended purpose? ……………………………………………………………………………………………………………………………………………………………………………………………………………… [1] 4 Study the text on the page‚ and identify one feature that you feel sets the Canadian International School apart from other schools. Briefly explain why this feature differentiates it from other schools. ……………………………………………………………………………………………………………………………………………………………………………………………………………… [1] Possible Responses to Text 1 Questions 1 – 4 1. This webpage
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Practice Exam Question Is money the sole motivator for the workforce? Mitchell has defined motivation as ‘the degree to which an individual wants and chooses to engage in specified behaviours’. Simply put‚ motivation is the reason why an individual wants to do something. The four characteristics that underlie Mitchell’s definition are: motivation is typified as an individual phenomenon‚ as each individual is unique; motivation is described usually as intentional; motivation is multifaceted
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Business Ethics The Corporation ‘The Corporation’ had a specific aim to portray the problems of not just one corporation‚ but corporations as a whole‚ as is evident from the beginning of the film as a multitude of big business logos flashed across the screen. The film proceeded to highlight the issues surrounding: globalization and consumerism‚ environmental pollution and disregard for the planet‚ unethical marketing‚ and dishonest media. Personally‚ I feel that I’m quite open-minded when it comes
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Student Publications Office | | | | | | ANNOUNCEMENT: DEADLINE FOR REGISTRATION AND PAYMENTS EXTENDED UNTIL JULY 20‚ 2013. REGISTER NOW! ABOUT THE CONGRESS | The first Student Media Congress‚ organized by DLSU Student Media Office in partnership with DLSU Culture & Arts Office and DLS-CSB Student Publications Office‚ with the theme Exploring Media Breakthroughs‚ is a two-day event that includes workshops and talks on the different potentials of media happening on July 26-27‚2013The
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Articles/Feature stories/feature articles/features A feature writer should be fond of accuracy‚ love brevity and be devoted to clarity. He should be a topic-explorer and have the craft of kindling interest in insipid ‘ideas’. A good public pulse reader‚ a charming discoverer of life in words and a possessor of effective writing skills to spin magic in the content is what all is required from a good writer who is actually‚ in this case‚ a presenter of useful knowledge. Good feature writing
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