Concept of Limited Liability Personal Definition: In the event a liability arises‚ limited liability prohibits the available assets to only the business entity itself. Essentially‚ the investor cannot lose more than he or she puts in. This protects the individuals working for the entity on a personal level. Nobody can attack his or her personal assets‚ unless the individual exhibits some form of activity that qualifies for piercing the corporate veil. Investopedia Definition: A type of liability
Premium Corporation
Original Kayak Adventures advertises in regional magazines and maintains a Web site‚ which Edie designed. Customers say that the site is attractive and informative‚ but the Caputos are not sure of its effectiveness in attracting new business. At this time‚ no other kayak rentals firms operate within 20 miles of OKA’s location. So far‚ the Caputos’ plan is working out well. OKA rents space at a nearby marina‚ where Edie runs the office and operates her Web design business. She also handles rentals
Premium Microsoft Access Web design Reservation in India
National Foods Limited. Pakistan. National Foods was established in 1970 as a spice company. Its aim was to make hygienic food‚ foster health and contribute towards personal attractiveness‚ so that people would be able to experience a more rewarding life-style. National Foods developed innovative food products based on convenience and quick preparation in line with modern lifestyle and yet retains traditional value through its diverse collection of food products. The wide range of National Food
Premium Financial ratios Financial ratio Marketing
The welfare reform proposal was an emotional battle as it suggested cutting funding to welfare programs. There was an ideological split between the Democrats and the Republicans. The Democrats argued that that government assistance programs can alleviate poverty. The Republicans believed that the current welfare system created dependency‚ illegitimacy‚ and more poverty. The main aspects of change in the welfare reform bill were: turning over welfare funds to the states‚ imposing a five year time
Premium Abortion Pregnancy Human rights
Ethics Creature Welfare is the position that animals should be treated humanely. This includes proper housing‚ nutrition‚ disease prevention and treatment‚ responsible care‚ proper handling‚ and humane euthanasia. Creature Rights is the position that creatures should not be exploited. Some believe that creatures should not be used for food‚ clothing‚ entertainment‚ medical research‚ or product testing. This includes the use of animals in zoos‚ circuses‚ rodeos‚ and even as pets. They believe
Premium Animal rights Animal testing Animal welfare
voluntarily eliminating practices that harm the public sphere‚ regardless of legality. CSR is the deliberate inclusion of public interest into corporate decision-making‚ and the honoring of a triple bottom line: people‚ planet‚ profit. * ITC Limited- public conglomerate company headquartered in Kolkata‚ India. * Its turnover is $6 billion and a market capitalization of over $22 Billion. * The company is currently headed by Yogesh Chander Deveshwar. It employs over 26‚000 people at more
Premium Corporate social responsibility Kyoto Protocol Water
Exam case Australian Beverages Limited Pre-seen information Semester 1 2010 Australian Beverages Limited — Pre-seen information A. Introduction to Australian Beverages Limited — March 2010 Australian Beverages Limited (ABL) commenced soft drink manufacturing in 1937. During the 1970s and 1980s‚ the company expanded its beverage portfolio by entering into other non-alcoholic beverage categories‚ such as fruit and milk-based drinks. Entry into the snack food market was recently undertaken in
Premium Water Drinking water Bottled water
Disadvantages of a Limited Company Cost – Some people will have you believe that a Limited Company is expensive to set-up. Not so! Our Company Formation packages start from as little as FREE! And include many related services and products that would cost you highly elsewhere. Complex Accounts – There are more complex and restrictive rules governing the accounts and bookkeeping of Limited Companies than sole traders (for example). The Company is expected to produce years accounts incorporating
Premium Corporation Legal entities Limited company
Social Welfare Policy is laws and even rules that have improve or help the lives of people that who live in these communities. Social Welfare policy is important because the policies form all the framework that tend to allow people to live within their rights. When we are talking about social welfare policies in reference to abortion‚ there are plenty of policies that are in place that relates to abortion. To be honest‚ abortion is a topic that always cause controversies because of the moral belief
Premium Pregnancy Abortion Roe v. Wade
EMPLOYEE WELFARE AND SATISFACTION: Employee satisfaction is supremely important in an organization because it is what productivity depends on. If your employees are satisfied they would produce superior quality performance in optimal time and lead to growing profits. Satisfied employees are also more likely to be creative and innovative and come up with breakthroughs that allows a company to grow and change positively with time and changing market conditions Employee welfare defines
Premium Employment Management