John Walter O. Boisvert TM 102 (12:20 – 2:00) FORMS OF BUSINESS ORGANIZATION 1. Sole Proprietorship - is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts. A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name. ADVANTAGES: * Capital - Sole proprietor contributes
Premium Corporate tax Corporation Business law
operations of an existing business in that country. Foreign direct investment is in contrast to portfolio investment which is a passive investment in the securities of another country such as stocks and bonds. Foreign Direct Investment "as any flow of lending to‚ or purchase of ownership in a foreign enterprise that is largely owned by the residents of the investing company". It may take the form of Cash‚ securities‚ plant‚ equipment‚ and other factors of production‚ such as managerial skills‚ technology
Premium Investment Foreign direct investment
In a contemporary society where crime takes place we expect the state authority to dispense justice in the form of punishment to maintain social solidarity. There are many forms of punishment that can be given to an offender‚ each with their own functions for the offender and society itself. Imprisonment is one of the most widely used forms of punishments globally‚ the ideology of imprisonment globally tends to remain the same. There are several functions of imprisonment and whether it is an effective
Premium Prison Crime Capital punishment
------------------------------------------------- Presentation Transcript Slide 1: Forms of Business Organisation (Indian Context) Sourav Sinha Forms of Business Organisation : While establishing a business the most important task is to select a proper form of organisation. This is because the conduct of business‚ its control‚ acquisition of capital‚ extent of risk‚ distribution of profit‚ legal formalities‚ etc. all depend on the form of organisation. The most important forms of business organisation are as follows: Sole Proprietorship
Premium Types of companies Legal entities Corporation
equals to: i. Assets j. Capital k. Liability l. None 4. The payment of business debts: m. Has no effect on owners’ equity n. Increase assets o. Decrease liabilities p. none of the above 5. Which of the following is not an asset: q. cash r. equipment s. notes receivable t. all are assets 6. Both assets and owner’s equity would be increased by: u. Drawings v. Purchase of machinery on credit
Premium Generally Accepted Accounting Principles Balance sheet 2007
successful to date? What appears to be its strategy? What must be accomplished if it is to be a highly successful going concern in the long run? How risky is its current competitive position? 2. Does Netscape need to go public to satisfy its capital needs? What would you estimate might be the magnitude of its capital needs over the next 3 to 5 years? What sources other than the public equity market could be tapped to satisfy those needs? 3. Why in general do companies go public? What are the advantages
Premium Generally Accepted Accounting Principles
PLANNING HORIZON a 1. The long-range time period‚ usually the next two to five years‚ over which the financial planning process focuses is known as the: a. planning horizon. b. planning strategy. c. planning agenda. d. short-run. e. current financing period. AGGREGATION b 2. The process by which smaller investment proposals of each of a firm’s operational units are added up and treated as one big project is known as: a. separation. b. aggregation. c. conglomeration. d. appropriation
Premium Generally Accepted Accounting Principles Corporate finance Inventory
right type of Business form LAW/531 How to choose the right type of Business form Today’s business world has many choices for the new entrepreneur to decide from when forming a business. The choices are sole proprietorship‚ partnership‚ limited liability partnership‚ a limited liability company‚ a S corporation‚ a franchise‚ and a corporate form. Development of scenarios portraying each of these forms of business will aid the entrepreneur with deciding which form will be the best choice
Premium Corporation Types of business entity Types of companies
Legal forms of Business The process of starting a business can be a challenging one. From choosing a business name‚ identifying the product to sell and where all require thoughtful decisions. All these decisions also need legal and practical considerations. To understand more about the different forms of business‚ it is important to consider the right structure for the business (Legal Forms‚ 2006). Sole Proprietorship A sole proprietorship simply means a business with one owner. With many forms
Premium Corporation Types of companies Limited liability partnership
Religion is a set of beliefs that ensure the moral conduct of the societies and that regulates divine laws in a society in order to bring peace in it. Generally it has been found that societies that follow religion are more likely to survive because of compassion‚ lack of disorder or killing as the laws are enforced by the religion. However when religion is viewed in modern society then it bring about a clash among the science and religion. Each religion has its own particular faith that its
Premium Religion United States Morality