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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Dispute Summary Paper LAW 421 Dispute Summary Paper Alternative Dispute Resolution (ADR) is an important aspect of the court’s structure in that it allows disputes to be resolved without the need for litigation. The different types of this key alternative will be discussed along with a pros and cons of each alternative type. A personal perspective of how ADR has worked for me in the past will be included as well as what type was used.
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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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A master budget is a summary of a company ’s plans in which specific targets are set for sales‚ production‚ distribution‚ and financing activities and that generally culminates in a cash budget‚ budgeted income statement‚ and budgeted balance sheet (www.mcgrawhill.ca/college/garrison5/student/olc/5mag). The "Analyzing the Master Budget" simulation summary takes you through different scenarios where changes occur in the master budget. These changes require that you analyze the impact and make modifications
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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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This paperwork of LAW 421 Week 5 Article Review includes: Resource: Article Review Format Guide located on the student website Locate an article specifically related to the Sarbanes-Oxley Act (SOX Act) of 2002. Write a 350- to 700-word review of the article. Your review should discuss how the SOX Act may affect ethical decision making in today’s business environment‚ and the criminal penalties for which the act provides. Format your paper consistent with APA guidelines
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ARTICLE SYNOPSIS In your own words‚ summarize the article. The article details the growing world of businesses and the law’s need to keep up to regulate new developments. A lot of companies now offer services or products online in some capacity‚ making them an E-Business. Some companies operate almost entirely online‚ such as Amazon. Other companies that operate mostly offline‚ such as Coca Cola‚ still maintain some sense of presence online. As businesses grow in these capacities‚ they must
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LAW/421 Version 1 Contemporary Business Law Individual Assignment: Role and Functions of Law Paper Laws are set by government to create a better society and business transactions. Laws are created and do force us to give some our freedom to be able to live in a safe environment and feel comfortable to make transactions. Through Laws it helps adjust social behavior‚ which allows society to work effectively. Laws also are put forth to have ethical standards in society and business‚ so that no one
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Week Four Individual Case Scenario LAW/421 March 14‚ 2013 Week Four Individual Case Scenario By studying the situation‚ I don’t believe the 2 sides concerned ever had a deal. In the situation‚ the sides reached a deal just 3 days ahead of the conclusion of a 90-day time frame set in the initial negotiation deal. In the initial negotiation deal‚ it says that there would be no distribution agreement until it was on paper. As soon as the BTT manager posted the e-mail to Chou‚ he described
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This situation between John and Mark is kind of unique. John signs a contract to sell some of his property to Mark on August 1st‚ but John delays the date until November 1st and we do not know the reason for Johns delay. This makes Mark must incur additional expenses for his national dog breeding company called Remington Sporting Dog Breeders. Mark must find a suitable alternate location to house his dogs until the new November closing date. Before I read the chapters this week I looked over this
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