partnership debts | Limited partners are prohibited by law from participating in management‚ can lose more than their investments‚ and get less than the general partners of unusually high profits | One partner can transfer a profit interest to an external party‚ but not control. | The general partners usually receive a management fee and share in profits. | There is only one level of taxation. General partnership
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Holmesglen‚ TAFE Diploma of Nursing HLTEN606B Assess Clients and Manage Client Care Journal Article Review Report to: Susan Lanyon Report by: Thirl Sande Student ID: SAN11368205 Due Date: 15/8/2013 This paper examines reasons why respiratory rates are documented less often than other vital signs despite their importance and the author’s clinical experiences regarding it. Meredith and Massey (2010) stated that respiratory assessment should be done daily with other vital signs in patients who are
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Reference 3 Introduction The research article "Climate policies after Fukushima: three views" was published in Climate Policy in 2013 by a group of authors‚ named Jim Skea‚ Stefan Lechtenbohmer‚ Jusen Asuka [p.1]. The article has studied several major changes in energy and climate policy direction in three major economies‚ Japan‚ the UK and Germany after the earthquake and tsunami in Japan and accident at the Fukushima nuclear plant in 2011. The article has also examined factors that explain different
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six different types of law‚ which are: substantive‚ procedural‚ criminal‚ civil‚ common and statutory. In all cases certain US Constitution amendments must be applied in order to protect the rights of the business or organization. Discussion Criminal law is the portion of the law that deals with legal punishments of criminal defences. Whereas‚ civil law deals with disputes between individuals‚ organizations in which compensation is awarded to the victim. Criminal law cases are dealt with by
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opportunity for a hearing. In the case of a not for profit entity (an “NFP”)‚ the ability of a debtor to sell its assets in a bankruptcy often overlaps with various state laws and regulations governing NFP asset sales. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (the “Bankruptcy Act”) signed into law by President Bush on April 20‚ 2005‚ will have an immediate impact on sales of NFP debtor assets. While most of the recent amendments to the Bankruptcy Code will not become
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What is the Sarbanes-Oxley Act of 2002 and what is its purpose? The Sarbanes-Oxley Act of 2002 was designed and passed to protect investors of corporations from the possible acts of fraudulent accounting activities by corporations. The SOX Act’s purpose is to commend and force ethical business practices among businesses across all industries. The overall goal was to protect financial records that organizations keep to help further protect against any and all accounting fraud. Major corporations like
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University of Phoenix Material BUGusa‚ Inc.‚ Worksheet Use the scenarios in the Bugusa‚ Inc.‚ link located on the student website to answer the following questions. Scenario: WIRETIME‚ Inc.‚ Advertisement Has WIRETIME‚ Inc.‚ committed any torts? If so‚ explain. It seems WIRETIME‚ Inc. (a relatively new competitor) committed intentional tort advertising negative information in a well-known industry magazine in regard to BUGusa‚ Inc.’s devices being low quality and stating the devices
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THE ACCOUNTING REVIEW Vol. 83‚ No. 3 2008 pp. 757–787 Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes-Oxley Periods Daniel A. Cohen New York University Aiyesha Dey University of Chicago Thomas Z. Lys Northwestern University ABSTRACT: We document that accrual-based earnings management increased steadily from 1987 until the passage of the Sarbanes-Oxley Act (SOX) in 2002‚ followed by a significant decline after the passage of SOX. Conversely‚ the level of real earnings
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Week Three Summary The team is to recap what was learned from last week’s assignments‚ readings‚ and discussion from class. As a team‚ each member ranked the six factors of innovation‚ and a final ranking was agreed upon. A brief description of the assignment will be discussed‚ highlighting the outcome. Innovation is essential for businesses to remain competitive‚ and the business not promoting innovations are losing portions of the market. The team learned the Seven Innovation rules to help
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Case Scenario: Big Time Toymaker Jennifer Ferrante LAW/421 – Contemporary Business Law Date August 18‚ 2013 Instructor Name Jane Schneider Case Scenario: Big Time Toymaker In week four’s theory practice‚ we reviewed the case scenario of Big Time Toymaker vs Chou in regards to determining the validity of a contract. As we’ve reviewed‚ an agreement or mutual assent is of course essential to a valid contract but the law imputes to a person an intention corresponding to the reasonable meaning
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