Syntactic entities

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 undertaking, property and liabilities of one or more public companies (including the company in respect of which the compromise or arrangement is proposed) to…

“Man is an animal that makes bargains (or exchanges): no other animal does this - no dog exchanges bones with another”. (Smith, A. (n.d.) Whether man is an animal or better described as a creature, notwithstanding, it can easily be said, even taken as an axiom that humans are actors in the economy. Even Robinson Crusoe on his little island maybe described as an economic actor in so far as he is motivated to behave based on factors such as scarcity, choice and cost. It has been said that “man…

So this business entity has weak protection to partners because any of the partners can act without the permission of the other partners. (Your Personal Liability in a Partnership) Limited partnerships (LP) This business entity includes two types of partners one limited partner has limited liability and he takes the whole risk of the business, so he is liable for any depts…

Question 1 A strategic alliance can be defined when two or more companies wish to engage in a mutual business agreement whereby they still retain their own identity as a company but work towards a common purpose. These two companies engage in similar business practices but do not necessarily have to be based in the same location. The companies involved in the strategic alliance can offer each other their market knowledge, skills, assets such as intellectual property, funding and capital,…

2.0 Common stock valuation Common stock represents ownership of the corporation. So the common stockholders are the owners of the firm. They elect the firm’s board of directors, who in turn appoint the firm’s top management team. The firm’s management team then carries out the day-to-day management of the firm. Characteristics of common stock Does not have maturity date, but exist as long as the firm’s does. Nor does common stock have an upper and lower limit on its dividend payments.…

The short story, “Snow White”, explores Mary’s close friendship with Karen in opposition to her uneasy relationship with her mother. These two characters evidently are portrayed to have distinct opinions on Mary’s Albinism. The differences in their views results in also different ways in which they interact with Mary. As a result, Karen impacts Mary in a positive manner while Mary’s mother reinforces her insecurities. Therefore, Grace Hu exemplifies how each character impacts Mary’s thoughts and…

Ethel Carew Tax Exemption Assignment #2 Due 3/16/15 The key to a mutually beneficial corporate sponsorship agreement is for both parties involve to enter into a written, legally enforceable agreement. One that will spell out the scope of the agreement in terms of fees, mutual expectations, ongoing oversight, follow-up procedures and procedure (s) for termination should any party default. Corporate sponsorship income is vigorously scrutinized by the IRS and a non- profit organization such as…

1. The name cannot be the same as an existing LLC in your state.1 2. The name must specify that your organization is an LLC (ex: "LLC" or Limited Company").1 3. The name cannot contain words prohibited by your state (ex: "bank" or "insurance").1 B. What state licenses & permits are needed & which state agencies do you need to register with? 1. File Articles of Organization with the South Carolina Secretary of State’s Office.2 2. Register with the South Carolina Department of Revenue (SCDOR) for…

For the Love of COFFEE! Business is all around us. When we go to the store we make transactions, when a business is going strong they are making profit, when a business it just being created it’s called a start-up. Business is not only a part of a lifestyle to other’s it is their life. It gives entrepreneurs a way to express themselves through their ideas. A way to see what they’ve created through their hard work to see what they’re worth. An entrepreneur is a person who takes the risk of…

The rule for first normal form (1NF) is a table in which the intersection of every column and record contains only one value. In other words a table that contains more than one atomic value in the intersection of one or more column for one or more records is not in 1NF. The non 1NF table can be converted to 1NF by restructuring original table by removing the column with the multi-values along with a copy of the primary key to create a new table. See Figure 8.4 for an example of this approach.…