Limited liability

Long-term perspective One of the advantages of being a private firm is that the firm only has to disclose limited information about its operations. Blackstone operates its investment on a long-term basis why the firm has a lot of variability in its earnings. As an example, a fund usually has a return that can be visualized in a “J-curve”, meaning that the fund…

Partnership Characteristics “A partnership is defined as an arrangement in which two or more individuals share the profits and liabilities of a business venture, where all partners might share liabilities and profits equally, or some partners may have limited liability” (partnership). The characteristic of the taxation in partnership business clear in finding its advantage and disadvantage to general partner business. In comparison to sole proprietor, a partnership business has an advantage…

Roetzel & Andress, L.P.A., 2009-Ohio-2728 -- Limited Partnership The law firm Roetzel & Andress (R&A) represented Schneider personally, not her companies. R&A told Schneider, who is the majority shareholder of the numerous companies, to stop selling unregistered notes. Schneider ignored and continued…

businesses and Limited companies. Sole Traders are the types of organization which is run by a sole owner. There is one person in charge. The sole trader takes the decision of expanding the business, how to operate and what kind of service to provide. The benefits of sole traders is that the owner gets all the profit and have total control on how to run the business. The disadvantages are that they have unlimited liability as there is no distinction between the owner and the liabilities, they…

The north, south and east side of the park are very large sidewalk areas that are capable of holding large groups of people at a time. The most obvious of these is the south part of the park where there are two sets of steps that lead up into the park, this is the popular meeting spot for when protest take place here in Union Square. These sides of the park are meaningful as they have the ability to facilitate large groups of people and act as signifying objects that carry meaning with them.…

lifestyle for the first time and make their trip one to remember. Insurance Coverage With an RV share company, the renter as well as the owner are covered by a commercial rental insurance policy. This policy will cover a certain amount of liability, which should make the renter and owner more comfortable. The company also offers roadside assistance because you never know when there could be a problem on the…

Snow is described as being ‘atmospheric water vapour frozen into ice crystals’. It cannot be owned in the air and there is no law on ownership of snow when it hits the ground. This leads to the assumption that snow is res nullius and title can be acquired by occupatio. The test for this is taking possession of the thing, whilst having the intention of becoming the owner of said thing. Therefore, when Looby Loo uses the snow to make her snowman she fulfils the first part of the test, and she…

The main types of business organisations in the UK private sector are sole traders, partnerships, private limited companies and public limited companies. These are set up in this sector so that they survive by making a profit, if a business doesn’t make a profit it won’t be able to succeed against its competitors in its market. Each different area of the uk private sector has different rules in which it must abide by for legal reasons. 1.0 Introduction This report will analyse the main types…

The ratios calculated above reflect the performance of Kanat Limited. ROCE: There is minor increase of ROCE from year 2016 to 2017. Therefore, despite of small increase, it is good indicator that return is increasing. Operating Profit %: There is decline in operating profit which indicates that operating expense has…

Question 1: (i) If we look at the consolidated income statement of Brambles Limited we can clearly understand that they have implemented the function of expense method in order to classify their expenses. This method requires the company to relocate its expenses among functions of the company such as its selling expense, administrative expense, cost of goods sold etc. For instance depreciation of administrative building could be presented as administrative expense by using the function of…