George could have been well off without Lennie, but still continues to care and support him. They have one another to talk to, be with, and look after. ‘With us it ain’t like that. We got a future. We got somebody to talk to that gives a damn about us. We don’t have to sit in no bar room blowin’ in our jack jus’ because we got no place else to go. If them other guys gets in jail they…
TASK 1 1-There are four different ways that a child care center can be organized. First, there is a sole Proprietorship is the individuals who create the centers and maintain the ownership. Also, they bear all the responsibility. Partnership structure, on the other hand, is for people who will own a business with one or more partners. They are sharing responsibility and finances and profit. A Corporation is a business that owned by one or more shareholders. The shareholders elect directors and…
that structure? As their intention is to start small and considering the fact that each of them ready engage in business activities the appropriate business structure would be a General Partnership. S.5 Partnership Act 1958 (Vic) defines a partnership as a relationship between two or more people,…
will provide to the health system. If the health system agrees to undergo the transformation, Evolent engages in a business relationship where there is a risk sharing agreement between the two organization. A risk sharing model is the preferred partnership model that Evolent looks to engage in as it demonstrates to the client that there is a vested interest to perform well and is willing to gain and lose throughout the contract term based on Evolent’s…
sole proprietorship because the owners can have total control over their businesses in every way they need it. A sole proprietorship is very hard to get funding for and that can halt anyone’s chances of actually starting a business. o General Partnership: o Liability– Business partners are liable for any and all debt and or liability created. Their own assets can be a tool to please and business debts and bills whether they know of any wrongdoing or…
Del. Open MRI Radiology Assocs., P.A. v. Kessler, 898 A.2d 290 -- Close Corporation This cases involves 8 total shareholders/radiologists who equally owned a practice, Fox Chase. These 8 radiologists formed a corporation, Delaware Radiology, to capture additional revenues by owning MRI centers. A squeeze-out merger at Delaware Radiology occurred after the radiologists ' underlying radiology practice, Fox Chase, split up. Delaware Radiology was divided as such: the majority (Broder Group) was…
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…
is my goal to provide wise counsel to Tilly on the three possible business structures that she could adopt as a new business owner and the pros and cons associated with each. She has an option to start her business as a sole proprietorship, as a partnership or as a corporation,…
Finish Line Incorporated is an American-based athletic footwear and fashion retail chain. The company also sells accessories ranging from socks, laces, and hats to shoe cleaner, insoles, and sports gear. Being my favorite sneaker store, Finish Line Incorporated retail stores are found across America located in 47 states operating over 660 stores. Now being a corporation, Finish Line’s roots began in 1976 among three friends who wanted to create a store that held the newest athletic footwear.…
ability to work in partnership with others is so important. Partnership between co-workers, other workers and agencies, individuals, their families and friends with the same shared interest in mind. Effective partnership is based on good teamwork with rules and agreements on thing as purpose, communication, roles, responsibilities, sharing information, resolving issues, decision making. Working in partnership the benefits are: * Focus on individual’s needs. All involved in a partnership…