News Limited

Business and Organisation Structures TASK 1 There are different types of businesses. Some of them are Sole Traders, Partnership 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.…

inspections to contend with. It can be an administrative nightmare – and some councils don’t operate too fast when it comes to paperwork and approvals • There may be limitations on the allowable signage you can have. So it will be tricky attracting new customers. There are, of course, ways around this. You can always hand out leaflets and put up posters, for example. Provided you groom well, word-of-mouth is your best advertising (you will get recommendations / referrals from happy customers to…

1) The best metaphor for a corporation is an “apple within a barrel where most apples are good and just a few bad”. It takes one apple to ruin it for the rest or spoil its companion. Corporations can often be seen as “bad apple's” bent on taking control of public power and only focused on making money, regardless of the consequences. Corporations are trying to engage themselves in as much profit as possible at anyone’s expense without realizing how unsustainable they are being towards the…

Limited finance. Liability of Sole Proprietorship Sole Proprietorship is defined as an unlimited liability, legally, a sole proprietor is personally liable for all of the obligations of the company. Moreover, if anyone has a reason to prosecute your business…

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…

Case Activities 3 Discharge in Bankruptcy In this case, Joseph Harman, the president of Carter Oaks Crossing was loaned $400,000 by Caroline McAfee. Harman signed a promissory note that specified the company would repay the amount of the loan with interest in installments in which the installments would begin in 1999 and end in 2006. Harman signed a personal guaranty with the promissory note. Carter Oaks Crossing eventually defaulted on the note causing McAfee to sue Harman for payment under…

Due to the overwhelming response to his leather business he decided to convert his business into Limited Company- Solomon & Co. Ltd. The company consisted of Solomon, his wife and five of his children as members. The business of Solomon for £39,000 was purchased by the company, the purchase consideration was paid in terms of £10,000 debentures creating…

,( A) KALLESI MACTAVISH V MAYA STORK In this case Kallesi Mctavish who is the owner of establishment is the principle and Maya Stork the manager of the hotel is the Agent who orders supplies to the hotel. The suppliers are known as the third party. Maya stock as an agent is not allowed to order any expensive shampoo and shower gels as well as any supplies that are over £150 without kallesi’s approval since she is the principle. All the standard suppliers to the hotel are mindful of this…

protected by the Rent Act. The motion that the agreements were to be as a sham device or artificial transaction was void. The recommendation that an individual would be substituted for another was deemed as setting up a hint to give up, followed by a new tenancy. Sir George Waller failed to agree that the occupiers did not enjoy exclusive possession of the land as he stated this initiated 'serious doubts about each of the four unities’, that the agreements were not made out of pretence and…

have two option in front of them, which are – either to increase the premium to increase the profits, which is not possible due to the competition, or to reduce the cost which can be done by claims control. Taking a look at the four P model from a new perspective, it is found that the more…