Chris Fowlks Student ID: 000433225 Legal Issues for Business Organizations Task 1 SOLE PROPRIETORSHIP: A sole proprietorship is the easiest and most simple business form to operate under. The sole proprietorship itself is not a legal entity. In a sole proprietorship‚ the person who owns the business is personally responsible for the business debts. • Liability: The business owner is personally liable for any claims/lawsuits against the business. If a sole proprietorship is defeated in a lawsuit
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Taking On the Trust Steve Weinberg’s “Taking on the Trust” is a book that chronicles the lives of both Ida Tarbell and John D. Rockefeller. Ida Tarbell was born in Pennsylvania to Franklin and Esther Tarbell. While her family was not necessarily poor they were not rich either. At times they had to struggle to make it through while at other times they had money in the bank. One of the interesting things about her family is how strongly religion played a role in their family. Even when they didn’t
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INTRODUCTION Liquidation of a partnership can be define as the winding up of its business activities characterizaed by sale of all non-cash assets‚ settlement of all liabilities and distribution of the remaining cash to the partners. It is usually done when the business entity will not continue its activities after the dissolution of the partnership. Maybe the partners already fulfilled their business purpose or the partnership is in financial difficulties‚ that’s why they decided to liquidate it
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Thousands of people move from one country to another. The reasons can be many‚ war‚ hunger‚ more educational opportunities in the new country‚ job offers and the dream of a new life. Every country has their own culture and how they do things‚ what happens when completely different people meet? Language is a huge barrier when moving to a completely different country. When someone moves to a new country the first element that becomes difficult is making themselves understood and understanding others
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Chamber of Commerce) current business situation‚ its apparent ambitions for growth and its capability to innovate products‚ services‚ and business processes. • A short introduction to the Arab-Irish Chamber of Commerce has been provided to highlight the background of this company‚ its services and apparent objectives‚ it gave a description of how AICC has been acting as an important bridge between Ireland and the Arab region since it was founded in the 1987. • Three business management issues have been
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Every partner has some rights in the partnership firm and in the same manner; each partner is liable jointly and severally for all the acts of the firm done by him while he is a partner in a partnership firm. The firm is liable to the same extent as the partner‚ for the loss or injury caused to any third party or any penalty is incurred‚ by his wrongful act or omission of a partner acting in the ordinary course of a business of the firm or with the authority of his partners. When a firm acting
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indicated that you may or must do so. Academic Integrity: All work submitted in each course must be the Learner’s own. This includes all assignments‚ exams‚ term papers‚ and other projects required by the faculty mentor. The known submission of another person’s work represented as that of the Learner’s without properly citing the source of the work will be considered plagiarism and will result in an unsatisfactory grade for the work submitted or for the entire course‚ and may result in academic
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1 Chapter 3: Taking Notes The good student takes down notes when listening to a teacher’s lecture. In the same way‚ the good researcher takes down notes whenever he comes across a source relevant to his research. Research note taking saves the researcher a lot of time and effort. It allows him to refer to his sources without having to “re-search” for the source from which they were originally taken. In the beginning‚ it might seem that the rigid rules of note taking are stifling‚ rather than
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harsh rhetoric speaking out against the communism which came as a threat from the Soviet Union. One extreme demonstration known as McCarthyism‚ operated by Senator Joseph McCarthy‚ attacked accused Communists within President Truman’s cabinet‚ the State Department‚ and even the United States Army. Because of McCarthy’s commanding and hard hitting tactics‚ it was difficult to counter his authority. When Senator Margaret Chase Smith spoke out against McCarthy’s actions on the Senate floor‚ she became
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the first century. Action learning for many organizations has become one of the most powerful action-oriented‚ problem solving tools as well for team approaching in order for them to operate better. With today’s many demands and so little time to focus on a one on one‚ corporations must find ways to get everything together in one session and begin the work in order to survive this world’s new change and be successful. Chapter 2 shows us the six essential elements of effective action learning. In chapter
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