Chapter # 03 Partnership Q-1 Define Partnership and explain the features of Partnership? Ans. A partnership is the relationship existing between two or more persons who join to carry on a trade or business. Each person contributes money‚ property‚ labor or skill‚ and expects to share in the profits and losses of the business. A partnership must file an annual information return to report the income‚ deductions‚ gains‚ losses‚ etc.‚ from its operations‚ but it does not pay income tax. Instead
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Drawbacks of 3D Movies According to IMDb.com‚ James Cameron’s Avatar has become the highest grossing film ever to achieve more than $2 billion. Avatar earned $2‚783‚165‚628 because 2/3 of its tickets sold are for 3D watching. This phenomena made people starts to think that this is the era of 3D. Now‚ almost every movie is produced in 3D. And to enjoy 3D movies at home‚ vendors start to provide 3D facilities such as 3D TVs‚ 3D Blu-Ray players‚ 3D projectors‚ etc. Despite the fact that 3D is very
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The drawbacks of Globalisation There are several problems with globalisation. This can be illustrated by the creation of multi-national companies; developed countries can stifle development of undeveloped and under-developed countries. For instance‚ the European Union offer subsidies to farmers across Europe‚ which allows European farmers to have increased yields. So for a country like Kenya‚ they cannot export or sell agricultural goods as well as they could have. This economical factor puts
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Dissolution of a Partnership Firm. 2) Forms of partnership under Islamic Law. Submitted To: Sir. Usman Arshad Submitted By: Muhammad Hashaam Khalid BBA-12-043 Date: 26 November‚2012 Sub-campus (Bhakkar) Dissolution of a partnership Firm: Dissolution of a partnership firm means the ending of contractual relationship b/w all the partners. It means the closing of partnership business. According to partnership act: “ if there is dissolution of partnership among all
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Tyler Bowman Ms. Smith Soph. Lit 07 December 2009 Love’s Drawback Some people are lucky‚ love is not burdensome. That is not the case for three couples in William Shakespeare’s‚ A Midsummer Night’s Dream. For Lysander and Hermia‚ Helena and Demetrius‚ love is ever changing like the seasons‚ while Oberon and Titania’s love is challenged by one major obstacle. Love seems to be a simple matter‚ but the three couples face complications in love such as culture‚ supernatural influences‚ and jealousy
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Topic One: Introduction to Organizations and Organization Theory Dr. Carrie Lee MGT B344F (2014 Sept) 1 + Understand the meaning of organization and its importance. + Outline the evolution of organization theory. + Explain what organization theory can do for manager. Dr. Carrie Lee MGT B344F (2014 Sept) 2 + We live in an organizational world + Organizations surround us and affect us + We also affect organizations (intentionally & unintentionally) + Organizations
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to circuit switched ports to gain access to computer networks in different places. Today‚ remote dial-up access to corporate computers is usually over the internet by using global ISPs. Since we highly rely on video and voice communications over the internet analyst predict that we will lean away from the use of circuit switched networks. VoIP calls are cheaper than circuit based ones but many think it will be a long time before many corporations do away with PBX systems that use packet based networks
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The differences between circuit switching and packet switching circuit switching is a telecommunication technology by which two network nodes establish a dedicated communications channel before communication takes place whereas packet switching does not need a dedicated network to communicate‚ all network users can share the same paths at the same time. In Circuit switching to provide communication among N computers‚ there must be a connection for each computer and at least N/2 independent
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Code-Switching at NUML Abstract Code Switching usually occurs in bilingual societies. The sociolinguistics aspect of Code Switching involves various factors including society‚ prestige‚ and education system and determines the reasons of Code Switching because of socio cultural environment. This research presents an analysis of Code Switching at NUML with in parameters of sociolinguistics context. However‚ data has been analysed only on Code Switched sociolinguistic patterns used by NUML students
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Advantages and Drawbacks of Recycling （Synthesis） Nowadays‚ recycling has become an indispensable part of people’s lives. It is necessary for the industry‚ the society‚ and the environment today. However‚ recycling is not a fad‚ and it has a long history when it can be recorded. Before the days of mass production‚ households recycled their material possessions as a need of economic. Recycling has been one of the growth industries of the 1970s‚ 1980s‚ and 1990s‚ and become one of the best environmental
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