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

Virtual Reality - A one way ticket? :: essays papers

Virtual Reality - A one way ticket? Virtual Reality is considered one of the most exciting technologies today, constantly evolving and improving. According to Eric Drexler, a world known pioneer in this field, VR is "A combination of computer and interface devices (goggles, gloves, etc.) that present a user with the illusion of being in a three dimensional world of computer generated objects." The term ^virtual reality,^ is not finite in its meaning, but generally includes desktop VR, immersion VR, where the goggles and gloves are used, and projection VR. The virtual reality technology is not yet perfect and still too expensive for the common man. The use of high-end VR is mainly restricted to larger companies, and to special areas such as medical surgery and pilot training. Home users are limited to desktop virtual reality programs, which lets them navigate in three-dimensional worlds, but seldom gives the feeling of actually being there. The entertainment industry has yet to embrace the technology in full scale, but in his book ^Virtual Reality^ Howard Rheingold states ^Used today in architecture, engineering and design, tomorrow in mass-market entertainment, surrogate travel, virtual surgery and cybersex, by the next century ^VR^ will have transformed our lives.^ Will VR cause people to lose their grip on the real world, or is it just a continuation of previous developments that took people to imaginary places? People seem to always have escaped to ^imaginary worlds^, to get a way from the stress of real life and to relax. We have all experienced Greek theatre, read novels and been to the cinema, and lived ourselves into fiction stories that we identify with. Our imagination creates a fiction world, which leads us away from real life for a moment of time. In our own utopia, we forget contemporary problems of reality. Even though the virtual reality technology creates a utopia for us to explore, it is in a lot of ways different from other developments we know so well today. June Deery, from the Rensselaer Polytechnic Institute in Troy says ^whereas in fiction we imagine and empathize, in cyberspace we are supposed to ^actually^ step into the other world.^ This means that the other world is not created in our minds, but is already there. We have to move in that world and take part in it, not only with our mind, but by using our senses, such as seeing, hearing and touching. These are our navigation tools. This world is imaginary in the way that it is not of something real, but a result of the programmer of that worlds imagination. It is ^virtual.

A Speech by a Human Resource Manager Essay

1. What roles the HR function has been playing in the company? The human resource management has been playing an indispensable role in this bank. From the case we can find out the HRM includes many functions: (1) Recruiting the right person for the right job at the right post. (2) By constituting and implementing policies, accessing and monitoring the employees’ performances. (3) Helping design training programs that support employees continuously improve. (4) Assisting organizational members in how to work effectively (E.g., team building). Aiming to increase increases the level of performance, productivity and also improves the quality of the product and service. (5) Making the employees satisfied with high quality of work life. Giving them equal chance to realize their potential and fulfill their career dreams. (6) Supporting the organization achieve its strategic goal. 2. How would you describe the HR management practices the company is implementing? Can they be transferred to the other Nepali organizations? The company is implementing the various HR management practices. It holds a weekly meeting to discuss day-to-day activities to achieve the organizational goal easily. Through the Internet access to the HR system the company has been able to reduce its recruiting cost by more than 33 percent. They implemented a detailed policy on employee monitoring keeping informed on employee activities. They also enlightened each employee of this organization of this policy. They also helped design training programs that support senior manager’s continuous improvement program. The manager also emphasizes on teamwork and adaptability to change. I think some of these practices can be transferred to the other Nepali organizations. Because many companies only focus on productivity and profit, but ignore the resource of human that created the wealth. So how to use this resource efficiently is a big issue for an organization. The practices of this successful bank can be used for reference. However, in accordance with its own circumstance, the policy and the practices can be implemented properly. 3. What are the major HR challenges/issues facing the company? Do other organizations face similar challenges? How they can be addressed? –The major challenge identified in this company is the changing environment. As said by the manager that organizations have evolved tremendously over the past decade and change is no longer something that occurs in a controlled fashion. So the important thing is to learn how to become more flexible in dealing with the changes that will arise and taking active roles in the management. The vice president plans to retrain the human resource in terms of effective managerial skills and competencies such as project management and team building. –Second, the sophisticated technology that makes jobs getting more complex and requires significant interaction is a challenge as well. The manager should ensure that they have the right people for those jobs, which in most cases, will require then to continuously train and upgrade their employees’ skills. –Diversity among the staffs is another challenge for them. All employees are not alike either in skill level or in their backgrounds. Thus the company needs to recognize and respect differences in people so that it can capitalize on their strengths they bring to them. No doubt other organizations will also face the similar challenges. However, respecting people and retraining the employees are the basic solutions to these challenges.

1984 Power Of Abuse Essay - 1958 Words

Anwar, Asma Ms. Fujiwara ENG3U 28 July 2017 Power of Abuse A Democracy is a type of government in which people’s opinions are accepted for as they are part of the country, unlike a Totalitarian government where very little freedom is being given. In the novel 1984 written by George Orwell, short story Harrison Bergeron written by Kurt Vonnegut Jr and film V for Vendetta, citizens are being affected by the way the government is treating them. This is evident when the parties manipulate their citizens . citizens are also being impacted by the use of enforced restrictions and laws. Lastly the use of power of abuse that is being disposed to the citizens all play a role in how†¦show more content†¦As a result citizens don’t remember anything except the fact that their past was filled with happiness. Thus making the citizens now believe whatever information the government is feeding them about their past in order to obtain power for the present. Secondly the use of manipulation is similar in V for Vendetta. The scenario in V for Vendetta is when the Norsefire party in the British government tried to manipulate the citizens whereabouts on the St. Mary virus. The virus destroyed and killed many of the citizens .This event was significant because it brought the reality of the governments outlook in showing who they really were. The British government manipulated citizens’ by blaming â€Å" Terrorist† for the cause of this virus which in reality was really them. The leader of the Norsefire party Adam Susan coincidentally came in place when people started aggrivating and acting chaotic. As a result of Adam in charge he uses V as an experiment on the St. Mary virus. This goes to show how the government manipulated their citizens into thinking V was the terrorist in charge of the virus when really they were using him as an experiment in order to keep there reputation clean. Lastly in Harrison Bergerone the use of manipulatiopn is being done by the United Sta tes Handicapper General. Manipulation is seen when the author states : â€Å" It was tragic, all right, but George and Hazel couldn’t thinkShow MoreRelatedThe Literary Impact Of George Orwell . George Orwell, Born1375 Words   |  6 Pagesthe most important science fiction writers of modern time (Elkins). George Orwell, due to his early life experiences, inspired millions to challenge and think independently about their government by writing two of the greatest novels of all times, 1984, and Animal Farm. George Orwell was born June 25, 1903 in Motihari, Bihar in India. This was at the time that India was part of the British Empire. His father was a British civil servant, who worked for the Opium Department. His mother was theRead MoreGeorge Orwell s 1984 ( 1949 )1265 Words   |  6 Pages Power alone can be a dangerous machine when put into the wrong hands. 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Communication and Crisis Paper - 1604 Words

Communication and Crisis Paper University of Phoenix HCS/320 Lorena Mesina June 27, 2013 Dawn Sienkiewicz Communication and crisis paper: When working in a hospital, setting whether it’s an emergency room, or management office, there’s going to be a time when you are going to experience some kind of face to face crisis, according to (Coombs, 1999) simply stated no organization is immune to crisis. A crisis can raise inside or outside the organization and according to Reynolds (2006) the moment it occurs, lives may be at risk and the reputation of the organization are at risk. When this happens it involves communication or miscommunication. For example it could be a rumor within the building which is†¦show more content†¦In fact Penrose (2000) found that while large companies with ample financial resources may have a chance of survival following a crisis without a crisis plan, 80 percent of smaller lesser known companies without a comprehensive crisis plan vanish within two years of suffering a major disaster. My approach is to develop the best crisis approach through communication. Crisis communication usually has a variety of goals some of which conflict but the most important and universal it to reduce, and contain harm. My next step is calling all organization so they can identify the hazard they face, my first phone call would be the (MDCH) Michigan health community department, and then hopefully they will contact the (American Biological Safety Association). 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