Partnerships

School, Home and Community Partnerships It seems that everybody agrees that it is important to form strong partnerships between schools, homes and their communities, but there is a decided lack of information about how to go about achieving that goal. In 2010, President Obama signed the executive order, White House Initiative on Educational Excellence for Hispanics which includes provisions for strengthening home and community partnerships with schools. The President pointed out that only…

A joint venture can be distinguished from a partnership on the basis that it is a separate venture for each of the parties were they share profits individually. Parties do not act as agents of each other and therefore do not owe a fiduciary duty to each other. In Cox v Coulson,…

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 partners form a partnership, partners may contribute property to the partnership to exchange…

Hey y'all, I have been blessed with the opportunity to serve on UGA Miracle’s High School Outreach Committee. On this committee, I will serve as a mentor to students around Athens-Clarke County, while empowering them to become involved in Children’s Miracle Network. UGA Miracle is a an incredible student-run philanthropy at the University of Georgia that benefits Children’s Healthcare of Atlanta, specifically the Comprehensive Inpatient Rehabilitation Unit and the Aflac Cancer and Blood…

Great post. I believe your points are well founded and valid. However, I am not sure I would rather gain 10 pounds to give up coffee. I agree with your assertion that the best option for Shania is to form an LLC. In addition to the characteristics of protected liability and tax benefits you discussed, this business structure has becoming so widespread in the domestic market that almost two LLCs were formed for every one corporation (Chrisman, 2010, para. 19). I firmly believe that the LLC…

managing the partnership and are jointly and severally liable for the partnership’s debts, however, limited partners who become active in the management of the partnership risk losing their limited liability status. (Prescott, Madden, & Foster, 2010). Finally the Master limited partnership (MLP), is little different they can be referred to as publicly traded partnership; they are owned and ran like a corporation however most of the time taxed like a partnership. The disadvantages of a…

Developing a sense of community between home and school is fundamental to the partnership with parents. The key aspect of establishing partnership is to support students learning and education. Within the given interview with Mrs. Goodell, I have learned that I should strive to use different strategies to make communication effective as possible with parents by being informative and interactive. From the start, middle and end of each school year it is highly important to establish a good base…

correct documents she is not and she never stated she was. She was not admitted yet, so she is not liable. I think it is liability of incoming partner. As stated in the textbook “a person admitted as a partner into an existing partnership is not personally liable for any partnership obligations incurred before the person’s admission as a partner”. (Richard A. Mann, Barry S. Roberts, Len Young. Smith, and George Gale. Roberson. Smith & Roberson’s Business Law (Mason, OH: South-Western, 2009),…

1.0 Definition, Legal nature, types and the Effects of Mergers 1.1 Definition Merger is a combination of two existing companies to form one company. That is, it is the transfer of undertaking and liabilities from one company to another company. According to Marof , Chiplin and Wright , they have all defined merger as a combination of the assets and liabilities of two firms to form a single business entity. Under the Kenyan companies Act, mergers has been defined as either a transfer of…

SMEs (Small & Medium Size Enterprises) do not have a specific definition. They are defined in different ways according to individuals or organizations. In a general prospective; an SME is a small or medium business, company or organization that is usually established by one individual or two as partners. A business with small/medium scale revenue, small/medium facility and a small number of employees can be considered an SME (Baenol, 1994). SMEs are considered one of the essential economical…