Creating physical assets with the money (such as development of land‚ acquiring commercial assets‚ etc.)‚ 2. Carrying on business activities (like manufacturing‚ trading‚ etc.)‚ and 3. Acquiring financial securities (such as shares‚ bonds‚ units of mutual funds‚ etc.). Investment opportunities are commitments of monetary resources at different times with an expectation of economic returns in the future. 2. Profitable
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and were attracted to each other‚ when the guy don’t know yet what’s the next step‚ the woman is just playing by ear‚ their relationship will fall to a mutual realationship. Mutual relationship‚ beyond doubt that each person will try their best to please the other. Sometimes by heart they knew they love each other and satisfied with their mutual relationship. Just want to do something‚ equivalent to what they receive from that
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General : A mutual fund is just the connecting bridge or a financial intermediary that allows a group of investors to pool their money together with a predetermined investment objective. The mutual fund will have a fund manager who is responsible for investing the gathered money into specific securities (stocks or bonds). When you invest in a mutual fund‚ you are buying units or portions of the mutual fund and thus on investing becomes a shareholder or unit holder of the fund. Mutual funds are
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RECONSTITUTION AND DISSOLUTION OF A PARTNERSHIP ABSTRACT: The paper aims to study using secondary research resources. That what are concepts of Partnership reconstitution and dissolution according to the partnership act 1932. Under what circumstances a partnership firm is entitled to these two concepts respectively‚ what are the rights‚ duties and liabilities of each of the partners involved under each case. And according to what modes can the accounts be settled among the partners upon the winding
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11) Termination of agency | | | 1. | By agreement | | | | | | a. | On the basis that an agency relationship is created by agreement between the principal and the agent‚ such a relationship can also be brought to an end by mutual agreement between the parties‚ either in writing or orally. | | | b. | Termination by agreement may also occur if the agency relationship is terminated pursuant to the provisions of the agency agreement itself. The following situations may
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Public-private Partnerships INTRODUCTION: During the past few years‚ the Province of New Brunswick has entered into several public-private partnership projects. It was one of the first provincial governments to embark on such endeavors and has been able to develop “best practices” to be applied to public-private partnership projects. This document contains guidelines for public-private partnerships reflecting these best practices. DEFINITIONS: Agreement between government and the
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Intra/Entrepreneurship and Business Management Business Failure Case Study Washington Mutual Failure Failing in business isn ’t fatal. It ’s often a precursor to success. It ’s not uncommon for successful entrepreneurs to fail before achieving success. During turbulent economic times‚ such as now‚ we can easily find ourselves shifting the blame for the failure of our businesses to factors outside of our control. Similarly in economic boom times we can find ourselves being quite proud
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Saatchi Company Description This advertising firm is so nice‚ they named it twice. Saatchi & Saatchi is one of the world ’s top advertising agency networks‚ with more than 150 offices in about 85 countries. It provides creative advertising services and plans marketing campaigns for some of the largest advertisers and top global brands. Its Saatchi & Saatchi X agency acts primarily as a shopper ’s marketing services network in the US‚ while its The Facilities Group segment specializes in technical and
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This case comes under Law of Agency. Agency Law is concerned with any “principal‚ agent and third party” relationship; a relationship in which one person has legal authority to act for another. Agency involves three parties : • Principal – Mr. Smithfield • Agent – U.K. Rail • Third Party – Pig resort/Care Centre Agency relationship may arise in five ways and one them which arise in this case is “Agency Of Necessity” and the requirements are : • Genuine necessity – there was a delay in delivering
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How to answer a partnership question 1. Identify the issue. 2. Does the issue rely on the relationship being a partnership? 3. • The carrying on of a business; • In common; • With a view to profit. Carrying on of a business Define business – S1B - Partnership Act 1892 (NSW) - Act: Business is every trade‚ occupation or profession. As well as S. 45 Legislation - Section 1 of the Partnership Act 1892 (NSW) provides that : (1) Partnership is the relation which exists between persons carrying
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