Tort Liability and Contract Liability A tort is a legal term for "a wrong." The "tort law" is composed of state statutes and court decisions that gives one the right to sue someone who causes harm to them‚ whether it’s a drunk driver‚ a corporation that manufactures a defective product‚ a credit card company that overcharges you‚ or a government bureaucrat that breaks the law or a school official such as a teacher or principal. The law of the state in which the school is located determines a school’s
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FORMATION OF A COMPANY I. Promotion : Refers to the entire process by which a company is brought into existence. It starts with the conceptualisation of the birth a a company and determination of the purpose for which it is to be formed. The persons who conceive the company and invest the initial funds are known as the promoters of the company. The promoters enter into preliminary contracts with vendors and make arrangements for the preparation‚ advertisement and the circulation of prospectus
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Bangladesh Setting up a Company • Setting up a Company • Board of Investment • Foreign Investment • Type of Companies • Incorporation of a Company • Setting up a Joint Venture Top of page [pic] Setting up a Company Bangladesh has some of the most liberal investment incentives in Asia‚ with an absence of any prior approval requirements or limits on any foreign equity participation‚ except registration with the Bangladesh Board of Investment (BOI). The government
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BUSINESS AND FINANCIAL PERFORMANCE OF TNM LIMITED FOR THE YEARS 1 JANUARY 2008 TO 31 DECEMBER 2010 Contents INTRODUCTION 3 TNM MALAWI LIMITED 3 History and reforms in Malawi telecommunication sector 3 Company profile 4 Mission Statement 6 TNM’s Business operations and markets 6 Competition in telecommunication industry 6 TNM’s strategy for growth 7 OBJECTIVES 7 OVERALL RESEARCH APPROACH 8 CHARTS Chart 1: Shareholding ratio of TNM Limited 5 TABLES Table 1: subscriber and market
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INTRODUCTION… When any company reaches out to the public to fund its visions‚ it is the prospectus that they send out –that ‘letter of offer’ that can turn dreams to reality. The prospectus could thus be visualized as the envoy of the company‚ sent to elucidate detailed information to woo potential investors from the general public. Countless business legends have been created‚ entirely because companies invited the public to subscribe to their securities or trade in existing securities‚ and thereby
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1Different types of business ownerships PRIVATE LIMITED COMPANY (ltd) A Company owned by shareholders. A limited number of shares are issued‚ these are owned by family and friends of the business. The business has limited liability PUBLIC LIMITED COMPANY (plc) A Company owned by shareholders. It must have £50‚000 of capital when founded‚ and may allow its share to be bought by the general public (though it does not have to). The business has limited liability UNLIMITED LIABILTY A legal obligation on
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Code: DE5H 35 Outcome 1 Melissa Mackenna-500006315 Context Within this report you will find: 1.1. Introduction 1.2. Terms of Reference 1.3. Sole Traders 1.4. Partnerships 1.5. Corporate Bodies 1.5.1. Private Limited Companies 1.5.2. Public Limited Companies 1.6. Conclusion 1.7. Recommendations 1.8. Appendix 1.1. Introduction The aim of this report is to: Describe the differences in legal personalities and responsibilities between different company types. Formalities
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may not be very good at handling the accounts. 2. Sole traders often work long hours and find it difficult to take holidays‚ or time off if they are ill. 3. Developing the business is also limited by the amount of capital personally available. 4. There is also the risk of unlimited liability‚ where the sole trader can be forced to sell personal assets to cover any business debts. What is a Partnership? Partnerships are businesses owned by two or more people. A contract called a deed
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having unlimited life‚ easy transferability of ownership and limited liability. Limited Liability Company (LLC): A relatively new type of organization that is a hybrid between a partnership and a corporation. Limited Liability Partnership (LLP): Similar to an LLC but used for professional firms in the fields of accounting‚ law‚ and architecture. It has limited liability like corporations but is taxed like partnerships. Limited liability reduces the risks borne by investors.
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CITIZEN’S CHARTER (Excellence in Public Service Delivery) Version 1.2 STEEL AUTHORITY OF INDIA LTD. Ispat Bhawan‚ Lodi Road‚ New Delhi – 110003. Website : http://www.sail.co.in/ Citizen’s Charter: Steel Authority of India Limited 1 INDEX S.No. PART-I : GENERAL 1.1 1.2 PART-II : COMMITMENT 2.1 2.2 2.3 3.1 3.2 3.3 3.4 3.5 Objectives of Citizen’s Charter Management’s Commitment Expectations from the Citizens Service Delivery Process Policies of the Company Feedback Mechanism Monitoring
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