A ’sole proprietorship‚ also known as the sole trader or simply a proprietorship‚ is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business. The owner receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. Every asset of the business is owned by the proprietor and all debts of the business are the proprietor ’s. It is a "sole" proprietorship
Premium Corporate tax Business law Legal entities
MEMORANDUM To: Scott Haddock‚ Supervising Attorney From: Bob Barker‚ Super Senior Paralegal Re: Paige Turner Our file No.: 12095 Public school searches Date: June 6‚ 2013 I. Issues 1. The issue is whether public school officials have the authority to perform strip searches of students in suspicion of hiding illegal drugs. 2. The issue is whether public school districts can perform random drug screening of students who participate in school athletic programs
Premium Supreme Court of the United States Fourth Amendment to the United States Constitution United States Constitution
character‚ personality and through his actions that will be the key topics of discussion in our essay. Why Harvey Spectra? Would be the question on everyone’s mind. Well‚ it is because ‚ as a character‚ gives us insight into the life of a high end legal closer from his perspective as we get to witness and experience his life first hand. The following consequent paragraphs will be an analysis of Harvey Spectra day to day dealing as we explore his personality that makes him admirable to the eyes of
Premium Law
Table of content 1 | Acknowledgement | 2 | 1.0 | Introduction | 3 | 2.0 | Procedures to form a company2.1 Reservation of company name | 44 | 3.0 | Documents required to be lodged to form a company3.1 Memorandum of Association3.2 Article of Association | 555 | 4.0 | Company’s promoters | 6 | 5.0 | Natures of the company5.1 Company as a body corporate5.2 Can sue and being sued5.3 Perpetual succession5.4 Ability to own property5.5 Limited liability for its members | 8910101112 | 6
Free Types of companies Corporation Limited liability
“….if the creditor bank has notice‚ actual or constructive‚ of undue influence exercised by the husband (and consequently of the wife’s equity to set aside the transaction) the creditor will take subject to that equity and the wife can set aside the transaction against the creditor…as well as against the husband.” (per Lord Browne-Wilkinson in Barclays Bank plc v O Brien [1994] 1 AC 180 at 191) Critically discuss the above statement. Analysis of wife’s equity to set aside the husband’s transaction
Premium Debt United Kingdom Marriage
COBRA is to provide a platform for the dissemination of original research and new developments within the specific disciplines‚ sub-disciplines or field of study of: Management of the construction process Cost and value management Building technology Legal aspects of construction and procurement Public private partnerships Health and safety Procurement Risk management Project management The built asset Property investment theory and practice Indirect property investment Property market forecasting Property
Premium Minority group
Sole Proprietorship Sole proprietorship is the most common form of business in the United States. It is a relatively simple way for an individual to start a business since legal costs and business requirements are minimal‚ and the owner has complete control over the business. Though a sole proprietor is not responsible for any corporate tax payments‚ the owner is responsible for taxes incurred on the income generated from the business as part of his or her personal income tax payments‚ and personally
Premium Corporate tax Corporation Tax
Real property conservatory system is a set of procedures and laws that regulates the ownership of each citizen as a farm‚ a land‚ or a house. This system is a French one brought after 1913 (Dahir‚ 12th august 1913). Before this system‚ the land properties were different types. First‚ “Melkia” which is a document that makes a person a landlord by law signed by the “Adoul” and is under Islamic rules “Shariaa”. Second‚ lands of “Guiche” that were and still given by the sultans or kings to the soldiers
Premium Property Ownership
ILAC Answer: ISSUE: Is the Timberlakes own the negligent for duty of care? Should the Timberlakes put public authorities? Should the Timberlakes take occupier’s liabilities? Is there a loss making event for Lindsey Loharn? Law: Law of Tort—The tort of negligence—Duty of care/ public authorities/ occupier’s liabilities. Duty of care: SWAIN v WAVERLEY MUNICIPAL COUNCIL (2005) public authorities: Nagle v Rottnest Island Authority (1993) occupier’s liabilities: Australian Safeway
Premium Tort Law Negligence
Solicitor General challenges the petitioner’s standing to sue upon the ground that the latter does not possess any legal right to be informed of the civil services eligibilities of the government employees concerned. -SolGen further argues that there is no ministerial duty on the part of the Commission to furnish the petitioner with the information he seeks. Issue: WON the petitioner has legal to access government records to validate the civil service eligibilities of the Health Department employees
Premium Ferdinand Marcos Joseph Estrada Administrative law