its legal structure must be made first. Five basic entity types exist in which to structure a business. These types consist of sole proprietorships‚ partnerships‚ limited liability companies (LLC)‚ C corporations‚ and S corporations. When determining the type of structure to use‚ comparison of different factors such as liability to the owners‚ taxation‚ and management controls must be conducted. Sole Proprietorships The sole proprietorship has one owner that is completely liable for the actions
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DATE : October 5 ‚ 2006 TO : Board of Directors ‚ Pechanga Casino Entertainment Center FROM :SUBJECT : Red Cross Blood Drive Despite being responsible for half the nation ‘s supply of blood and blood products ‚ the American Red Cross ‘ supply for donated blood has fallen dangerously low . Although during highly publicized disasters when people are eager to help out by donating blood ‚ it is a fact that in calmer times ‚ only 5 percent of eligible donors think of donating blood .Donated blood
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Memo To: xxxx From: xxxx Date: February 8‚ 2015 Re: Things about Interview We had our first business meeting on February 3‚ 2015 in the small section class. There were mainly three topics about interview we discussed in the class. Our group’s topic is interview preparation. I got one journal to share named How to “Prepare for a Job Interview” on the website of The Wall Street Journal. In addition‚ we also learned from other two groups about the interview skills and interview clothing. In the
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structure holding companies usually have control and influence over subsidiaries. Limited liability on the other hand‚ is the logical consequence of the existence of a separate legal entity or generally‚ the concept simply means that since the company is different from the shareholders‚ the members are only liable for the amount unpaid or their shares and not for the debts of the company When limited liability is easily and cheaply available can be explained as removing unnecessary legal bars which
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Contracts‚ Torts and Product Liability Name Institution Chapters 6 and 7 of John McAdams book are on contracts‚ business torts‚ and product liability respectively. In order to understand these chapters fully‚ I will provide an appropriate case and the court’s ruling due to the influence of factors discussed in these two chapters. Before I discuss this case‚ an introduction on the keywords in these chapters in relation to business law is necessary. A contract is a binding legal
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Memo To: Ray Gritsch From: Frederick Paige CC: Piper Industries Corporation Date: Feb 1‚ 2015 Re: Ray Gritsch Our Project Management Team has assessed the three projects that Piper Industries Corporation has proposed. Our project management team has made the following recommendations based on the available facts and projects given. Project Keys: Key 1: Project to be completed no later than 12 months Key 2: Project must meet budget restrictions Key 3: Project must generate acceptable revenue Deliverables:
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commerce liability bill. WHAT IS THE BILL? A civil nuclear agreement between India and United States in 2008 ended New Delhi’s isolation in global atomic commerce and opened up its state-controlled nuclear power market to foreign firms. But the deal could not be implemented until India put in place a compensation regime that limited the liability of private companies‚ especially those from the United States‚ in the event of an industrial accident. So India framed the Civil Liability for Nuclear
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to the same word‚ “Responsibility.” Will we let our children forego the consequences of their actions? Even if we try the Parent Liability Childs Act will prevent parents from doing so. The Parent Liability Childs Act of 2000 in California states‚ “Parents jointly and severally liable for willful misconduct causing injury‚ death or property damage.” The Parent Liability Childs Act should be appealed because if the child isn’t punished they will commit more severe crimes‚ it is extremely unfair to
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Memo To: Ms. J. Rivera‚ Manager From: R. Anderson‚ Assistant Manager Date: September 6‚ 2011 Subject: Request Funding for Business Communications Course The purpose of this memorandum is to request funding for R. Anderson to attend a local Business Communications course. Effective communication is a necessity in business and management. The ability to communicate with employees‚ vendors‚ customers‚ and contractors is a fundamental part of the Assistant Manager position. The next session
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The given argument initially brings up an issue that many parents picked up their children when day-care center has already closed. Although the road construction on I-72 was mentioned in the memo‚ the owner of Happy Sun Happy Moon day-care center ignores some consequences from the construction and recommends charging regulation for those parents who arrive late. This argument lacks of adequate evidences and reasons behind such determination and thus it may dissatisfy some parents.Therefore‚ I think
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