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upon. You will also be liable for that action. You didn’t know that it happened and maybe you used the money during the partnership agreement, which makes you liable. Case 32-1 RNR investments limited partnership v Peoples first Community Bank: Facts: RNR is a limited partnership that was formed. The limited partnership agreement had some restrictions on the general partner authority. The general partner was restricted on the ability of handling the funds. They can spend more than the…

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…

5. Recommendations for Mehta: Mehta is the only person who has connection with both the groups such as the Bonazzi and Indo group. Mehta being the CEO of Bonazzi is appointed for a purpose. He should understand the Indo group and share his views to the Bonazzi Goup and vice-versa. He can think from both their views and make the best decisions. HE should create, communicate and execute a clear vision, strategies and goals so that the future of the Joint Venture is bright. He also should make…

In 2014, and the year I was fourteen years old, coincidentally, I went on a long trip out of the country. I visited four countries if I remember. It was England, Netherlands, France, and India. Some of this trip was for tourism purposes and some of it was just for meeting family and having a great time. So the first place I went to was London, England. I remember arriving into London Heathrow Airport and having such a great feeling of excitement. It’s been such a long time since I visited London…

Most of the challenges in organizations today emanate from strategic planning. This presents the organizations with a dilemma on whether to do strategic planning internally or to hire an outside consultant to guide the organization through the in-house initiatives of planning. As such, organizations implement the balanced scorecard, BSC to drive performance thereby transforming the strategic objectives into a set of performance measures. Companies are widely applying the BSCs as tools for…

The form of business that Shania should engage in to open up her coffeehouse should be a limited partnership. If she were to open as a sole proprietor, although inexpensive, she is liable for everything that happens to her business, and she is the only one dependent upon supplying the necessities for the business to operate. These necessities include: the capital to start the business, property, and all other factors that are required to get a business started. By reaching out to her husband,…

indoctrination within the first two week of partnership. Areas covered during training sessions include covering the history of coffee history, drink preparation, aspects of retail, customer service, and workshop on how to brew the perfect cup of coffee. New partners are also immersed in the Star Skills, three guidelines for on-the-job interpersonal relations: (1) maintain and enhance self-esteem, (2) listen and acknowledge,…

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…

“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…

Television news refers to advertising current events, whether it is local, national or international, easy and efficiently through the use of sound and visual elements. In the news you will discover segments which people find either important or entertaining, such as sports coverage, weather forecasts, finance updates and traffic reports. Due to there being different audiences, news networks report the same news they just tell it differently to fit the requirements of their selected target…