a Private Limited Company. Companies‚ on the basis of liability‚ can be divided broadly into two‚ as companies having ‘Limited Liability’ and companies having ‘Unlimited Liability’. Companies with limited liabilities are those in which the capital is divided into shares and liability of members (shareholders) is limited to the extent of face value of shares held by them or to a fixed value of liability undertaken by each partner. This is the most popular class of company. Under Limited Companies
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1.0 Introduction The Memorandum of Association of Beximco Pharmaceuticals LTD Report provides a complete overview of the company’s memorandum since its inception. 1.1 Objective of the Study The purpose of the report is to understand Memorandum and various particulars. 1.2 Scope of the report ❖ The report contains the company’s profile and data about the owners‚ senior executives‚ locations‚ subsidiaries‚ markets‚ products‚ and company history. ❖ The report explains the company’s
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Public Limited Company Charity The differences are that Tesco is a PLC and Oxfam is a charity. Purpose Tesco purpose is that it is to make a profit and provide an excellent service to their customers. ...read more. Middle Type of liability Limited liability for all shareholders They form the Council of Trustees‚ which is the governing body of the Association of Oxfam (a not-for-profit limited-liability company). The similarities of both organisations are that they are limited liability company
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An investigative study on the business ownership: in particular‚ John Chea #1 & #8 as a private limited company. A research paper presented in partial fulfillment of the requirement for the course BGCSE Commerce. Candidate Name: Chymia Johnson School Name: St. Andrews School Date Submitted: 29th August‚ 2013 Table of contents Title Page Introduction
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Bangladesh into an export-oriented economy. The Garment industry also became the major foreign currency-earning sector with highest rates of absorption of industrial employment. Bextex Ltd.was incorporated in Bangladesh as a Public Limited Company with limited liability on 8 March 1994 and commenced commercial operation in 1995. This company applying porter Diamond theory to established their business. This analysis is the most important factor of porter diamond. These are Factor conditions‚ Demand
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Chapter 1 – The demand for an Auditing and Assurance Profession Key Services for Public Accounting Firms Audits High Assurance (95% - 99%) Reviews Moderate Assurance (60% - 70%) Compilation Low to No Assurance (0% - 10%) Assurance Engagements (Triangle diagram based on the subject matter at hand) Practitioner (Auditor) Users Accountable Party (Management) Practitioners give the Users a written conclusion Accountable party must have an accountability relationship with the Users
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the sector it operates in. Provide information on the type of business and its liability. ONE of your organisations must be the City of Westminster College. Introduction In this task I will be investigating two businesses‚ one of them will be City of Westminster College and another one will be River Island. I will be providing a description‚ purpose‚ trading activities‚ sector‚ and type of business and the liability of each business. Description & Trading activities City of Westminster College
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personality. It is one of the consequences of the Company Act 2006 which incorporated a sole trader company to a limited company. When a company has undergone incorporation‚ it simply means that the shareholders of the company are separated from the company. Therefore‚ the shareholders have limited liability. In an incorporated company‚ shareholders get a benefit of having limited liability. The assets of the company do not belong to its members and the company can only sue or be sued under its own
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Task 1 Describe the type of business‚ purpose and ownership of 2 contrasting types of businesses. Sole Trader A sole trader is a business owned by 1 person. It does not have limited liability meaning that if it fails and creates debts the owner is personally responsible for this. Sole trader’s usually have to work long hours and learn about all the aspects of business as many start up businesses cannot afford to hire people to take on other tasks. The owner is responsible for everything that goes
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1 Active & Intelligent Packaging 2013 Copyright © 2013 by Clear Seas Research/BNP Media. All rights reserved. Results of this study cannot be used in whole‚ or in part‚ for promotional literature or otherwise without the expressed written permission. ICS Carpet Cleaning Chemical Market Study Copyright © 2013 by Clear Seas Research/BNP Media. All rights reserved. Results of this study cannot be used in whole‚ or in part‚ for promotional literature or otherwise without the expressed
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