Taco Bell Pty Ltd (1999)

• CONTROL – Limited partners are not allowed to make any decisions concerning the operation of the business in which they have invested in.

Liability- The general partner would be liable for all unlimited responsibility on all tasks and debt, while the limited partner will not loss more than their investment.

* Limited partnerships have the convenience of allowing multiple investors as limited partners to assist with cash available to run the business and support improvements or other investments into the company. The burden of running the business falls on the general partner.

A partnership is the best form of business given Shania’s situation. She has support from all angles that want to help her Christian coffee shop be a success. A limited liability partnership is best suited for Shania because of her possible partnerships with her husband, sister, and neighbor. According to the Limited Partnership (2015) article, this form of business is a “voluntary association where one or more partners contribute capital only, and those partners play no role in management.” Her husband wanted to make a contribution to Shania’s business but not in the lane of management, so by using this partnership he can still contribute his capital and maintain his partnership. The liability is limited to the amount of capital that the partner contributes. As a “silent partner” Marvin can make investments with the company, but not have any voting power or control over day-to-day operations.

The Competition and Consumer Act is a major legislation that restricts unethical business marketing practices in Australia. It helps to protect consumers against unethical practices in which they may be misled or discriminated against and also to regulate certain trade practices that restrict competition in the market in order to sustain choice for the consumer.

In this connection we may cite the case of Parkdale v. Puxu (Parkdale v. Puxu, [1982]). In the instant case, Puxu had the business of selling furniture of a certain style. Parkdale got engaged in the business of selling chairs which pertained to the same style and design as that of Puxu. It was observed by the court that the resemblance with the chairs of Parkdale with that of Puxu was misleading and deceptive to the customers.

General partnership is formed when at least two people start a business for profit. A “statement of partnership authority” may be filed at the discretion of the partnership.

Many companies use tactics of misleading words and facts to sway the populace into buying

General partners manage the business and are subjected to unlimited personal liability as they would be in a general or full partnership. Limited partners have no liability beyond their investment, provided they remain as limited partners. Limited partners may not participate in the management of the business (P. 609). (Rothenberg & Melnikova, 2003)

Personal Liability: With this sort of business entity, I would be protected from personal liability for business decision or actions of the

Limited Liability Corporation and limited liability partnership are two of several types of structures that individuals can give thought to forming when starting a business. To form a corporation each member has limited liability, but the corporation has full liability. Forming a partnership requires at least two people, which are called partners, and each partner has limited liability. This paper will describe the roles of Limited Liability Corporation (LLC) and Limited Liability Partnership (LLP). In addition, the paper will describe under what circumstance one would

The general partnership is where all general partners manage the business and are personally liable for its debts.

The information used on food labeling or in advertisements by law, must be true, and not misinforming. Ingredient lists must exactly reflect the amount of a nutrient present in a food (General Principles for Labelling and Advertising, 2016). Unfortunately labeling and advertisement is not always represented in the correct way. According to Koç, Summer & Winson (2016) state that vague and misleading claims are not expectations in the world of food labels, and they are frequently used to attract customers to produces about which they really know nothing. The Food and Drugs Act forbids food labels or advertisements are false (General Principles for Labelling and Advertising, 2016). According to General Principles for Labelling and Advertising (2016) Canadian laws also prohibit misleading, or deceptive labeling. It requires food labels to obey with the guidelines. Instead of holding the industrial food system to account, labels are tools of the production (Ko et al., 2016). In order to achieve a healthy lifestyle, individuals purchasing the food must be provided with accurate labeling and advertisement. This paper will discuss the effects that misleading food labeling and advertising has on individuals, as well as ways to avoid these deceptions.

Under the section 5 subsection 1 of the Partnership Act in Queensland, a Partnership is defined as ‘…the relation which subsists between persons carrying on a business in common with a view of profit.’ Ali and Tom ran an online business which sold seedlings of rare native plants bred by Ali’s own business Phaius of Tharga Pty Ltd. This shows that both parties had a joint ownership of the business with a presumed common interest in profit, from which adequately fits with the above description of a partnership. The essential characteristics of a fiduciary relationship requires "….mutual confidence and trust…." between the parties to a degree where in the actual circumstances the principal can reasonably expect the fiduciary to act in the principal’s interest in the relationship.

Therefore from that stance, on April 19, a California woman dismisses her lawsuit against Taco Bell Corporation when they saw the facts about the meat filling. It was her desire to reframe calling the filler "seasoned beef" because it had too little beef to be labeled(. Therefore, due to no money was given nor will there be any changes in the ingredients in their products. However, the CEO state that three months ago, they would have given the attorneys the information about their brand(Lawsuit over content, 2011). Later, the food-chain is waiting for an apology