Limited

“In Australia it is still impossible to discern any broad principle of company law indicating the circumstances in which a court should lift the corporate veil”.15 As illustrated, it can be quite difficult to list the cases in which the corporate veil will be pireced.16 Herron CJ contends that authorities in which the corporate veil has been pierced have not been of such consistency that any principle can be adduced. 17 Rogers AJA also takes a similar view, arguing that there is no unifying…

Damage/Indemnification. The Student acknowledges and agrees that she is responsible and liable for her personal actions and those of her guests and invitees, including but not limited to negligent or intentional acts, errors or omissions. The Student agrees to release the Chapter, House Corporation and Fraternity from liability related to and to defend, hold harmless and indemnify the Chapter, the House Corporation and the Fraternity…

The general rule of Internal Revenue Code Section 721 contains that no gain or loss shall be recognized to a partnership or to any of its partners in the case of a contribution of property to the partnership in exchange for an interest in the partnership.(1. 721(a)). This rule applies when partners make contribution to the partnership. In this section, the property includes various types of assets. Such as cash, inventory, land, equipment, obligations, etc. During the time when two or more…

• SunE Sky 13th Sideroad, LP (“SunE Sky” or the “Borrower”), a bankruptcy-remote limited partnership between SunEdison, LLC (“SunEdison”) (NR) and SkyPower Limited (“SkyPower”) (NR) (the “Sponsors”), owns and operates the 13th Side Road Solar Energy Project (the “Project”) - an 8.0 MWac PV solar project that was constructed pursuant to Ontario’s Renewable Energy Standard Offer Program (“RESOP”) and sells the energy output to the Independent Electricity System Operator (the “IESO”) (Aa2; SFS 2)…

Limited Government Since the people are the source of the government’s power, the Government may only use the power that its people gives. Meaning that Everyone including the government must follow all rules of the constitution. Example: Government can’t throw somebody in jail for expressing their opinion about the government. Separation of Power To ensure no person in the government has too much power. The government is separated into three branches, the congress, executive, and…

1.1 The purposes of different types of organisations considering their legal structure and types One of the most important decisions that any business would make at its inception will likely be the decision on the type of legal structure to use because the legal structure will determine a lot of things. For example, it will determine the amount of tax to pay, the kind of paperwork that will be needed and even the capacity to raise finances as well as the personal liabilities that you might have…

Introduction and Statement of Facts The fundamental attribute of corporate personality, from which all other consequences flow if that the corporation is a legal entity distinct from its members. Hence, it is capable of enjoying rights and of being subjects to duties which are not the same as those enjoyed or borne by its members. In other words, it has a “legal personality” and is often described as an artificial person in contrast with a human being, a natural person. However, corporate…

is $f17,065. Tax is not due until 2008 Wages Payable 15,000 Income Taxes Payable Required 285,000 linary Shares (Par Value: $1) 40,600 :ained Earnings Sales a) Prepare journals for each of the transactions above of Golden Limited b) Prepare a trial balance after posting the journal entries Interest Revenue c) Prepare income statement and balance sheet OF ÿrating…

The amount of healthy foods someone has access to often reflects in their eating habits. “Limited access to nutritious food and relatively easier access to less nutritious food could be linked to poor diets”(Weisbecker 2). If more nutritional foods are easily available when consumers want it, they will be less tempted to purchase from fast foods…

Thank you for approaching Visionary Tax Planners Limited for advice to set up a self-guided walking and hiking tour business called Kauri Hikes together with bed and breakfast accommodation (Kauri BnB) for their short stay guests. However, it is really important to remember that undertaking this suggestion does not preclude you from going down to a particular path, rather it will only assist you to make informed decisions about if the option is likely to go furthest towards satisfying your…