Reconstitution of partnership ADMISSION OF A PARTNER SOLUTIONS 1. Since a new partner gets his share of profit from old partners‚ he must compensate the old partners for the share sacrificed by them. The amount of compensation given by the new partner is known as goodwill. 2. Assets and liabilities are revalued because the entire profit and loss due to their revaluation is divided amongst the old partners in their old profits sharing ratio. The new partner should not share such profit or loss because
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DISCRIMINATION BASED ON RACE CASE Summary of Patricia Pitts v. Wild Adventures‚ Inc. In this case‚ a plaintiff is Patricia Pitts who is an African-American female. And the defendant is Wild Adventures‚ Inc. that operates a theme park in Valdosta‚ Georgia. The plaintiff claims race discrimination and unlawful retaliation Under Title VII and U.S. Code Section 1981 based on the defendant’s grooming policy prohibiting dreadlock and cornrow hairstyles‚ the defendant’s failure to promote plaintiff
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accountable for your actions and others at the same time is not an easy task. It may seem easy‚ less painful or less demanding to not take responsibility for yourself. It’s more comfortable but there’s always a price to pay. When you don’t take responsibility for yourself or others that are important to you‚ you are giving away your personal power. It is extremely complicated for parents. Parents have to take accountability for themselves and their children. Mothers play a bigger role in taking care of us
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-Your name- Taking Risks are very difficult for some people. The mind and takes a big part in this “disease”. The id’s basic needs do a lot to overcome these fears. Fear and lack of confidence are what stop many from doing the possible. Fear plays a major roll in many anti-risk taking situations. “Decidophobia is the fear of making decisions “ (Ronald 118). These people have the fear of taking risks because they fear losing control. These people don’t want to become addicted to something like
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Transaction Cost Advantage of Guanxi-Based Business Practices Stephen S. Standifird R. Scott Marshall The purpose of this paper is to provide a theoretical explanation of the perpetuation of China’s guanxi-based business practices. As a complement to the social embeddedness- and resource-based explanations‚ we seek to demonstrate the perseverance and relevance of guanxi in terms of the transaction cost advantages it offers. Specifically‚ we argue that guanxi-based business practices offer certain transaction
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Arundel Partners: The Sequel project 1. Why do the principals of Arundel Partners think they can make money buying movie sequel rights? Why do the partners want to buy a portfolio of rights in advance rather than negotiating movie-by-movie to buy them? • The principals of Arundel Partners think they can make money buying movie sequel rights because they can use unpredictability of a movie’s success to their advantage. This can be done by exercising the right if the movie is a success
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Assuming that Arundel Partners is a purely financial company with no experience in the movie industry whatsoever‚ one reason for them to buy the rights to create sequels would be to exploit a possible arbitrage in between the price they would pay for an option to sequels and its real value. Therefore valuing the said option correctly is of the most importance. 1.2 We believe that portfolio negotiation rather than on a film-by-film basis will level the playing field. Since the partners do not have experience
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INTRODUCTION The business of foreign exchange is getting increasingly complex and intensely competitive. However‚ in the backdrop of phenomenal growth of Bangladesh’s external sector‚ foreign exchange business provides a challenge as well as an excellent opportunity to accelerate the growth of bank’s own business This research paper is done on the foreign exchange department of Prime Bank ltd. It tries to capture nearly the entire range of activities typically performed in the foreign exchange department
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London Visual Impairment ForumMinutes and Action points‚ Planning Group EGMFriday 11th November 2011Chair for this meeting : Peter Corbett (PC) (Thomas Pocklington Trust) Vice Chair: Jackie Venus (JV)(VISOR) not presentPresent: Colin Brown(CB) (BIG); Sharon Schaffer (SS)(LVIF) Fran Hibbert (FH) (Merton Vision); Peter Corbett (PC) (Thomas Pocklington Trust) Mike Woolston (MW) (Guide Dogs); John Harris (RLSB)‚ David Newbold (Action) ; Stan Lopes (LB Camden)Apologies: Sue Sharp (SuS0 (RLSB); Sue O’Hara
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LEGAL EMPOWERMENT OF THE POOR: EMPOWERING INFORMAL BUSINESSES IN ZAMBIA By Silane K Mwenechanya (Dr)1 An Issue Paper prepared for the UNDP – Commission on Legal Empowerment of the Poor October‚ 2007 1 All comments should be addressed to Dr SK Mwenechanya at skmwene@zamnet.zm. The author is a business consultant with a special interest in private sector development. He is based in Lusaka‚ Zambia. 1 TABLE OF CONTENTS LIST OF TABLES AND FIGURES.............................
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