Limited liability partnership

Four Counseling Issues Most counselors at some point in their career will face difficult issues. Those difficult issues can force a counselor to examine his or her ethics, and morals. Knowing where a counselor stands, and being self-aware will be important as those issues arise. The four counseling issues that will be discussed are Domestic Violence and Children, Mandated Clients, Same-Sex Adoptions, and Right-to-Die issues. Also, to be discussed are the state/region laws that apply to the…

Since this research paper is going to illustrate the different payment mechanisms in public-private partnerships projects, it is useful to start briefly with some definitions of P3 term. Indeed, P3 can be defined as a long-term contract to provide a public service or maintain a public facility, such as highways, hospitals, and bridges, between the private sector and the government entity . In this contract, the private sector will be taking the risk and the responsibility to maintain, operate,…

Introduction Ever since it opened around 1864, John Lewis, as a whole brand, has grown in to one of the UK’s leading departmental stores and enduring brands. John Lewis is one of few that boasts the only remaining traditionally English brand with a focus on quality, value-for-money and practicality (John Lewis, 2008). John Lewis specializes in a number of departments that range from selling food and drinks, to clothes, household and electrical goods. In addition, John Lewis has recently…

The difference in viability is mitigated by the fact that the partner can seek dissolution of the partnership instead. One of the main differences which might appear significant is the fact that adultery is not a ground for dissolution. However, the fact of irrational behaviour is a ground for dissolution, and the court is likely to find sexual unfaithfulness to be unreasonable behaviour. It seems therefore that only very rarely indeed will the legal difference have this significance. In the…

The two sides are debating the support or fear of nuclear power plants. After the events at Fukushima, the earthquake and tsunami, the power plant sickened a lot of people due to its radiation. Professor George Monbiot and Melissa Block discuss the opinion to support nuclear power plants. He states that if so many people can die or become injured due to mining, then how is that any different than people dying or becoming sick from nuclear waste radiation? He said that coal was a bigger issue…

the sole proprietor. The disadvantages of a sole proprietorship are that the owner is personally liable for any losses or obligation of the business, and funding is limited to start the business as it only relies on personal funding and personal loans that the sole proprietor can acquire. B.…

LIT1 Task A SOLE PROPRIETORSHIP: • LIABILITY – The owner and the business are considered as one and so the owner has unlimited liability for the business. Therefore the all of the owner’s personal assets, the business’s assets and the business’s future earnings may be at risk. • INCOME TAXES – All income for the business goes on the owner’s personal income tax returns whether federal, state or local. One advantage of the sole proprietorship is that the business is not a…

unlimited personal liability as a limited partner. D) Laura's liability is restricted to the value of her capital investment in the partnership. 8. New general partners can be admitted only with the ________. A) approval of at least two-thirds of the partners B) specific consent of each partner C) merger with another limited partnership D) death of or transfer by a general partner 9. General partners have ________ for the debts and obligations of the partnership. A) limited exemption B)…

business, from the simplest – Sole Proprietorship, Partnerships-General and Limited, Limited Liability Company to Corporation. The best possible options that would serve your needs are as follow: General…

rights and limited liability. Because LLP’s are a legal entity apart from their owners, partners are not personally liable for the business. LLP’s also have flow-through taxation and exist until they are cancelled or revoked. Our business will survive, even after the owners’ death, and this is a huge advantage, granted our business is successful. We have chosen to form our business as a Limited Liability Partnership primarily because of its equal right to management, limited liability, and the…