Associative Entities

Advantages for POD ‘s for being “sole proprietors” were the “ease and cost of forming the business”, which is relatively inexpensive. Sole proprietor pays for permits and licenses only, due to the nature of the business (Ferrell, Hirt & Ferrell, 2014). Pod’s had total control of how to run their business. Another advantage were the profits from tax filing. Sole proprietors pay one income tax that include the business and the individual’s income. more so they are able to establish tax exemption retirement

Business Ownership There are three different forms of business ownership, the Sole Proprietorship, the Partnership, and the Corporation. Each of these businesses have major advantages and disadvantages. The sole proprietorship is a business which is owned and managed by one individual. Some of its advantages are, the ease of formation, its management control, and its distribution of profits. Some of the disadvantages are, its unlimited liability, the lack of continuity, the capital requirements

Business Organization Discussion Forum 4 Bus 561 Nekeshia Raybon                       Organization is critical for a business to run in an orderly fashion. One must also display a sufficient amount of experience as well. Betty is having difficulty deciding which way to go with many aspects of her business. Betty is anxious to turn her business owner dream into a reality. In this assignment, as well as in a legal and spiritual perspective, one will discuss Betty’s issues with choosing a company

Prosecutors have several alternatives to criminal trial. They may accept a corporation’s offer to plead guilty. They may defer prosecution of the corporation under a deferred prosecution agreement. They may accept a corporation’s offer to sign a non-prosecution agreement, frequently with the intent to prosecute corporate officials or employees. They may elect to forgo prosecution in favor of civil sanctions. Since corporate misconduct often occurs in a regulatory context, civil or regulatory sanctions

Sports Direct Sports direct is a sports equipment company who purchase and distribute products to consumers, they are a Public limited company meaning they have a structure, this structure is ; Senior Management- These are a team of individuals who are at the highest level of management, they have the day-to-day task of managing the organization. Would make decisions on whether they are going to cut back on certain products, purchasing and developing new stores, salary scales in the stores, ensuring

In this scenario, it seems like Jeb and Josh have a limited partnership pertaining their business. Jeb doesn’t actively participate on the day-to-day operations of the business, but he is a main financial contributor, therefore his liability with Arcadia Sports is limited and he cannot lose more than he has invested. For Josh however, being that he is the main operations manager he has unlimited personal liability, therefore, regardless of how much he has invested in the business his liability could

The Heads who are residents Georgia booked a week-long stay in Hawaii with Paradise Resort which is formed in Delaware and conduct the principle of business in Hawaii. The Heads also booked spa appointment before the trip. Mr. Head went to the spa appointment and slipped on the floor afterwards. Mr. Head was injured due to the incident and required surgery to correct the Injuries. Mr.Head file a lawsuit against Paradise Resort in U.S. District Court for the Northern District of Georgia for compensation

The fundamental question presented by the case is if Albion C. Cranson, Jr. is a partner with Real Estate Service Bureau and therefore liable for the debts incurred in purchasing typewriters form IBM. Albion C. Cranson, Jr. contended that the Real Estate Service “Bureau was a de facto corporation and that he was not personally liable for its debts “(Warner, et al., 2012, p 693).  Furthermore, it is stated “The fundamental question presented by the appeal is whether an officer of a defectively incorporated

At the begging of the year, I had little knowledge to write an essay for this class, especially since we did not have many guidelines. For my glorious moment paper, I changed a good amount of text. I went back throwing, revising my paper and making changes. Overall, I changed a majority of my sentence structures because the first final draft contained numerous bland versions. Many of my sentences also had to be fixed in the begging so that they were not so repetitive. From there, I thought it

FCUK FRENCH CONNECTION French connection (also branded as FCUK) is a UK- based global retailer and wholesaler of fashion clothing, accessories and home ware. It was founded in the early 1970s by Stephen a mark, who remains the chief executive; it is based in London and its parent French Connection PLC is listed on the London stock exchange. French Connection distributes its clothing and accessories through its own stores in the UK, US and Canada and through franchise and wholesale arrangements globally