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
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1. Discuss the trends in the golf equipment industry and how it may impact a company’s strategy. Ans: According to new the United States Golf Association (USGA)‚ Golf equipment manufacturers are forced to launch the equipment within the limitation. Therefore‚ the product differentiation is not quite high while recreational golfers do not enjoy playing due to lack of innovational equipment. Also‚ the USGA states that there are various factors that result in the declining of golfers such as:
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Television Broadcasts Limited‚ commonly known as TVB‚ is the first wireless commercial television station in Hong Kong. It was first established on 19 November 1967 with only about 200 staff. The Group has now grown to a size of about 4‚200 including contract artistes and staff in overseas subsidiary companies. The major activities of TVB are television broadcasting‚ programme production and other broadcasting related activities such as programme licensing‚ video distribution and satellite broadcasting
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The USA Patriot Act of 2001 is legislation that was sponsored by President Bush and his administration following September 11th. It is to allow increased responsibilities for the criminal justice system and other agencies. “The USA Patriot Act has ten sections or titles outlining new powers for government operations.” (White 2014 p. 393) “Title II‚ designed to improve surveillance. Grands authority to federal law enforcement agencies to intercept communications about terrorism‚ allows searches
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Question 1 The principal operating activities of Blackmores Limited is to develop and market nature‚ innovative‚ quality branded health products including vitamins‚ herbal‚ mineral and nutritional supplement (Blackmores Annual Report 2011‚ page 37). Question 2 As shown in the annual report‚ the chairman is Mr. Marcus C Blackmore AM (Blackmores Annual Report 2011‚ page 35). The number of shares the chairman held in the company at the end of their 2011 financial year is 4‚479‚278 (Blackmores
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Straight into the beginning‚ Carr starts his article with a scene from Stanley Kubrick’s 2001: A Space Odyssey where Dave is trying to disconnect HAL‚ the space robot‚ from its artificial brain because of the mishaps HAL made. Carr uses this scene to connect to how he can feel that the internet is reprogramming his brain negatively to think differently than how it was before. He includes how he is struggling with the negative effects of technology that he developed like poor concentration. Carr mentions
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Background Victoria Chemicals‚ a major player in the global chemical industry that supplies polypropylene‚ polymer that used to manufacture carpet fibers‚ packaging‚ automobile parts to the customers in Europe and the Middle East. Apart from numerous small producers‚ the company also receives the threats from the other seven major competitors. The company owns two plants in Europe‚ one being Merseyside Works‚ England and Rotterdam Facility‚ Holland. Both plants were built in 1967 and are identical
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The Effects of Technology Education‚ Science‚ and Mathematics Integration Upon Eighth Grader ’s Technological Problem-Solving Ability by Vincent William Childress Dissertation submitted to the Faculty of the Virginia Polytechnic Institute and State University in partial fulfillment of the requirements for the degree of Doctor of Philosophy in Vocational and Technical Education Approved: (Signatures on original) ______________________________ Dr. James E. LaPorte‚ Chair __________________________
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TITLE Discover World Treasure At The Victoria and Albert Museum‚ London LEAD PARAGRAPH If art and design is your forte‚ there is no better place to visit than London’s Victoria and Albert museum. Located in the world famous museum district of South Kensington‚ this real treasure of a collection is sure to captivate art lovers of all ages. It’s easy to fall in love with this architectural gem as well as the astounding exhibits on show. The Victoria and Albert museum combines education with a enjoyable
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different forms of business entities available‚ a recent one being limited liability partnerships (LLP)‚ created by the Limited Liability Partnership Act 2000 (LLPA). This act came into force on the 6th of April 2001. As‚ LLP’s have qualities similar to partnerships‚ they are seen as a hybrid between a partnership and a company. An LLP is a ‘corporate body’ with ‘separate legal personality’‚ distinct from its members. Members enjoy limited liability and are not jointly and severally liable for the debts
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