Syntactic entities

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  • Jeb And Josh Case Summary

    Jeb and Josh a business entity that might be appropriate would be a Partnership. A partnership is easy to form, and generally does not require an official or written agreement to establish it (Kubasek p. 772). This business entity is the relationship existing between two or more persons who co-own business for profit (Kubasek p. 772). Each person contributes money, and expects to share in the profits, losses of the business equally. Unfortunately, with this type of entity, Jeb and Josh would…

    Words: 367 - Pages: 2
  • Beta Corporation Case

    In response to learning activity 1 question 1, I agree that Beta Corporation is the principal. It is clearly stated in the text that “under corporation law the officers and all employees are agents of the corporation” (Advanced Business law and the Legal Environment, 2014, pg. 1325). However, I do not agree with your evaluation of the employees as principals. Arnold, Carol, Dave, and Erin are all agents of Beta Corporation. However, I may be inclined to argue that Carol, Dave, and Erin are all…

    Words: 478 - Pages: 2
  • Case Analysis Of Leica And Huawei

    Alternatives One option in pursuing their long term partnership is to form a non-equity alliance. This is a horizontal alliance that is strategic, limited in scope and basically an agreement for both companies to share their resources while remaining independent organizations. Leica and Huawei are complementary to each other’s products but operate in the same industry. Therefore, it would be beneficial and easier if they were to operate as separate organizations rather than going through the…

    Words: 870 - Pages: 4
  • Maximizing Shareholder Wealth Analysis

    The goal of maximizing shareholder wealth means that the goal of the company. Is fundamental to business goals to create value for the shareholders of the company are also owners of the company. The relationship between financial decision - making, risk and return. Financial decisions – making is money or not invest in certain securities. It depends on the risk and the return of security in particular. There is a correlation between risk and return, which is higher than the risk ratio will…

    Words: 1663 - Pages: 7
  • Arcadia Sports Case Study

    issues concerning the business entity and liability to Jane, who suffered an accident during an excursion with Arcadia Sports. It is unclear what type of business has been formed between Jeb and Josh and what liability each may have for the accident and what personal assets would be involved considering Jeb’s bankruptcy. Therefore, the main types of business entities, including advantages and disadvantages, will be discussed before providing a recommended business entity for Jeb and Josh.…

    Words: 1678 - Pages: 7
  • Advantages And Disadvantages Of A Sole Proprietor

    Noor Rizwan Sole proprietorship . A sole proprietorship is a form of business where there is only one owner, and there is no legal distinction between the business and the owner. Let's look at what operating as a sole proprietor means for Beth. Advantages of Sole Proprietorship Operating as a sole proprietor offers some distinct advantages for Beth. It's a pretty simple and easy type of business organization to manage. As we mentioned earlier, there is no legal distinction between her and…

    Words: 1550 - Pages: 7
  • Case Study Of Solomon & Co. Ltd

    A company is recognized as a separate legal entity and yet in reality, it is an association of persons who are in fact beneficiaries of the corporate property. It is therefore understood that corporate personality of the company can be used as a medium of committing fraud or illegal acts. Now, there is arises a paradoxical problem pertaining to the important legal question : Who accords for the liability? Who can be held responsible? The notion of corporate personality does not obviously…

    Words: 1938 - Pages: 8
  • Stek And Maya Stork: The Case Of Watteau V Fenwick

    ,( 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…

    Words: 781 - Pages: 4
  • Public Limited Corporation Case Study

    Chaymae Essaid 61418 February 2, 2016 Public Limited Corporation (La société anonyme) The public company is a business company by its form with any possible purpose. It is made for the large companies and the associates, called shareholders, which are responsible for the social debts only concerning the amount of their contributions. The legal characteristics of the company is very marked, its operation is narrowly regulated by law 17/95 of the 8/30/96 published in the B.O. n° 4422 of the…

    Words: 722 - Pages: 3
  • Nancy's Nail Salon Case Study

    type below that one will operate a business. the only real proprietary isn't a legal entity. It merely refers to someone World Health Organization owns the business and is in person to blame for its debts. A sole proprietary will operate below the name of its owner or it will do business below a fictitious name, like Nancy's Nail Salon. the fictional name is solely a trade name--it doesn't produce a legal entity break away the only real man of affairs owner. The sole proprietary could be a…

    Words: 790 - Pages: 4
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