Analysis of Different Types of Partnership

Analysis of Different Types of Partnership Disclaimer: This work has been submitted by a student. This is not an example of the work produced by our Law Essay Writing Service . You can view samples of our professional work here . Analysis of Different Types of Partnership Introduction In this assignment I am expected to analyse different types of Partnership. During this I would be explaining and evaluating those types of partnership and be able to advise my clients which one is the best one for someone starting a business for the first time and also be able to states all the benefits of each type of business structure. According to the classic definition of partnership provided by s.1 of the Partnership Act 1890 is: â€Å"Partnership is the relation which subsists between persons carrying on a business in common with a view to profit.† Partnership is an incorporated body which means that the partnership does not have a separate legal personality from the partners. In the eyes of the law the partners is the business. If one partner make a decisions regarding the partnership and it goes wrong all partners are liable, they all can end up personally bankrupt because their personal assets can and will b e used to pay the partnership debts. In another hand if one partners become personally bankrupt the creditors can be entitled to his or her share of the partnership. This is why it is important to have a partnership agreement where the partners can ensure themselves against bankruptcy of individual partners. In the deed they can specify the outcome of any undesirable eventuality. It is the partnership agreement that rule the partnership. In case of no partnership agreement there is the Partnership Act 1890. The Act does not state any formal decision making structure of the partnership. According to the act a partnership does not requires one. The partners can set out the partnership agreement according to their needs. Usually the partnership deed is used to stipulate the dos and don’ts of the partnership and to delegate or retain the power and responsibility of the partners. It has to cover all eventualities, such as who owns the partnership premises; how new partners are to be taken in, and how they are to be paid; retirement of partners; circumstances in which a partner may be removed from the partnership Partners’ relationship must always be of the business’s best interest. It is very different from the relationship between employer and employee. Partners are business owners depend on their shares is the partnership which give them a number of co-existent rights. They have the right to take parts on decisions that affects the business; they have the rights to share profits and losses according to their shares on partnership; the rights to examine the accounts, to veto in the entrance of new partner and all partner are at liberty to the good faith of the other partners unless specified otherwise in the partnership deeds. There are three types of partnership: The general partnership, Limited Partnership and limited liability partnership. In general partnership all partners are liable for all debts of the business at the same proportions t hat they have in profits. The income and expense is reported on a separate return for tax purposes, but each partner then reports his or her pro-rata share of the profit or loss from the business as one line on his personal tax return. The most common form of partnership are group of people of the same family working together like a family plumbing firm and in another hand there are often group of professional people who work individually but have the benefit of shared support services like a firm of solicitors, doctors and accountants.

French Opposition to the Muslim Veil (Headscarf) Essay

French Opposition to the Muslim Veil (Headscarf) - Essay Example Over the years, French legislators came up with law and approved it with a large majority banning any form of conspicuous signs of religion in public schools. The law prohibited the Islamic headscarf and excessively large crucifixes, as well as kippas (Ezekiel, 2006). The law has seen students being expelled, and public workers losing their jobs, especially for wearing hijab; consequently, the law seems to be against the hijab, but not the other sign of religion, as it is the only conspicuous piece of cloth or sign that cannot be concealed. In addition, it has led to discrimination against Muslim in certain aspects of their lives, such as jobs and even social relations in weddings and other public places and events. Parties Involved Those that are involved in the controversy of the French hijab are parties interested in human rights and religious interests. In this light, feminist groups are involved in the controversy due to the headscarf’s symbolism in the Islamic religion a nd the role it plays in the identity of Muslim women and girls. This is concerning women’s submission to men, and it concerns this party, as the veil is believed to influence the school system. In addition, they are interested in fighting for women’s rights as the headscarf in public schools will allow incorporation of Muslim practices into the school system and influence other students, as well as challenge the fight against violation of women’s rights. In addition, an ethical issue is raised at this point in relation to the persons charged with the responsibility of making decisions that cover the rights of women and freedom of choice in following that which they believe in, both morally and religiously. This is because the hijab is viewed as a piece of cloth that limits the freedom of women, and that wearing the hijab itself is not a choice. This issue complicates matters considerably complicated. Educators and educational stakeholders are also involved in th e controversy, and a majority are against the headscarf. This is following the debate on the social and cultural nature of the country in relation to religion. The argument is that France is a secular state making the headscarf a violation of the secular of this social and cultural state of the nation, and disrupts the state of harmony by expressing community affiliation making other interested parties in interacting with the said community locked out. The above two parties argue against the veil and have a strong basis for it despite the implications raised. However, they are the crucial voices involved in the entire issue. Rights The first issue is the violation of human rights despite French declaration of the universal human rights, which state that all human beings are entitled to their own religion, which goes together with the issue of religious expression. The headscarf is a form of self-expression relating to the Islamic faith and religion. The banning of the headscarf in p ublic by the law is in clear violation of the women’s rights, particularly with the support of the law, which was mainly for political reasons and did not have the best interests of the group in mind (Gendrot, 2007). Following the ban in France, where human rights are advocated in all aspects,

Iron Mineral Essay Example | Topics and Well Written Essays - 1500 words - 1

Iron Mineral - Essay Example The test should be conducted when symptoms of either an overload or deficiency of iron are noted. Iron-deficiency (anemia) symptoms include weakness, headaches, dizziness, tiredness (chronic fatigue) and pallor/pale skin. On the other hand, iron-overload symptoms include loss of sex drive, weight loss, and abdominal pain, loss of body hair, fatigue, heart problems, and joint problems It measures the iron-binding capacity. It is not a commonly used method because it requires immunologic measurement, a costly and time-consuming procedure that most clinical laboratories cannot afford. It arises when there is an iron overload in human being’s body. Ferrous iron has toxicity effect that varies largely in line with the integrity of gastrointestinal lining. The amount consumed gives clue on the potential of toxicity. If a person takes an elemental iron ingestion of more than 50mg/kg, severe toxicity is bound to arise. When blood values are taken, levels exceeding 1000 Â µg/dL are a clear indication of severe iron poisoning while those between 350-500 Â µg/dL are considered toxic. c) After a length of more than two weeks since poisoning, damage to stomach, liver and central nervous system may occur. Adverse effects of iron poisoning include diarrhea, constipation, gastrointestinal irritation, nausea, and vomiting. To avoid iron poisoning adhere to the following tolerable levels. Reference/Recommended Daily Intake (RDI) is a system that outlines the daily intake levels of nutrients, minerals and vitamins to match the requirements of 97-98% of healthy individuals (National Research Council, 2009). RDI recommends intake of sufficient amount of iron equivalent to 18 grams per day based on diet of individuals because iron is a crucial element in the body. RDA (recommended dietary allowances) and AI (adequate intake) are reference values provided by RDI. RDA gives the daily dietary intake level of a mineral/ nutrient that