Entity-relationship model

company’s interests. In looking at Salomon v A Salomon and Co. Ltd [1879] AC 22 case, Max cannot be found liable for the loss Smart Engineering Pty Ltd. incurred because of the unpaid steel cable. This is because Shifty Seller Pty Ltd. is the business entity that takes the liability and not Max. As per chapter 5c, section 601FC, her intentions were honest because she knew Alex to be the best person with knowledge of the Chinese market and experience that would ensure expansion of the business…

allowed the to work together but manage liabilities and assets separately. The preferred method for a business arrangement where one person is running sales and the other person is running operations would be to create to legal entities. An operating entity and a holding entity. The operating company would then lease any assets it needs from holding company. Both companies would then be setup as LLC’s where one partner would maintain 51% of one company and the other partner would maintain 51% of…

it is the transfer of undertaking and liabilities from one company to another company. According to Marof , Chiplin and Wright , they have all defined merger as a combination of the assets and liabilities of two firms to form a single business entity. Under the Kenyan companies Act, mergers has been defined as either a transfer of undertaking, property and liabilities of one or more public companies (including the company in respect of which the compromise or arrangement is proposed) to…

“Man is an animal that makes bargains (or exchanges): no other animal does this - no dog exchanges bones with another”. (Smith, A. (n.d.) Whether man is an animal or better described as a creature, notwithstanding, it can easily be said, even taken as an axiom that humans are actors in the economy. Even Robinson Crusoe on his little island maybe described as an economic actor in so far as he is motivated to behave based on factors such as scarcity, choice and cost. It has been said that “man…

So this business entity has weak protection to partners because any of the partners can act without the permission of the other partners. (Your Personal Liability in a Partnership) Limited partnerships (LP) This business entity includes two types of partners one limited partner has limited liability and he takes the whole risk of the business, so he is liable for any depts…

Question 1 A strategic alliance can be defined when two or more companies wish to engage in a mutual business agreement whereby they still retain their own identity as a company but work towards a common purpose. These two companies engage in similar business practices but do not necessarily have to be based in the same location. The companies involved in the strategic alliance can offer each other their market knowledge, skills, assets such as intellectual property, funding and capital,…

rate after shift as g2. The main purpose for this valuation model is present framework for estimated or evaluated the stock value. But, the result not clearly exact because the future growth and discount rates just roughly amount. So that, in applied this model, the rates must be nearest rounded to tenth of percent. Free Cash Flow Valuation Model Free cash flow valuation model as another method to estimate the firm’s value. This model will proceed when the firm does not have any dividend…

Ethel Carew Tax Exemption Assignment #2 Due 3/16/15 The key to a mutually beneficial corporate sponsorship agreement is for both parties involve to enter into a written, legally enforceable agreement. One that will spell out the scope of the agreement in terms of fees, mutual expectations, ongoing oversight, follow-up procedures and procedure (s) for termination should any party default. Corporate sponsorship income is vigorously scrutinized by the IRS and a non- profit organization such as…

capital.12 This type of financing has many benefits. It is usually done through wealthy venture capitalists or smaller scale “angel” investors. With equity financing there is less risk, since you have no obligation to pay back the money. Having a relationship with a high-profile investor can give you instant credibility and expose you to a large network of other business professionals. Experienced investors know not to expect immediate returns on their money, so that takes some of the pressure…

“Tradition is our security. And when our mind is secure, it is in decay,” laments Jiddu Krishnamurti wisely. While tradition is a solace to many, as Krishnamurti puts it, once outdated, it can result in the deterioration of society. And worse, perhaps, are the consequences faced by those who protest antiquated values. Set in a stereotypical American town and initially written with a joyful tone, “The Lottery” explores such paradoxical views on tradition shifting to a dark and sinister tone…