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...led to receive certain share of profit and is not held liable for the losses, he is known as partner in profit only. He is not allowed to take part in the management of the business. (f) Partner by Estoppel There is another minor type of partner which is called partner by estoppel. If person styles the character of a partner in a business before a third party (outsiders) by words or in writing or .... More >>
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Sole proprietorship and its characteristics
...Introduction The individual proprietorship or sore proprietorship is the oldest form of business organization. It is as old as the civilization itself. Historically, it appears that business started first with this form of organization. It is the simplest and natural type of organization. Sole proprietorship is also called individual proprietorship, or one man business. Sole proprietorship is a fo.... More >>
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...GT Natural Labs operates a GMP certified supplement manufacturing facility, and partners with several other high quality manufacturers to provide the broadest range of supplement Contract Manufacturing. Each of the strategically chosen partners has been picked because of their commitment to quality and expertise in their area. GT Natural Labs is a contract supplement manufacturer supported by expe.... More >>
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Business organization nature and scope
...Meaning of Business OrganizationBusiness organization is composed of two words, business and organization. In order to understand the nature of business organization, it is necessary that the meaning of these two words is made clear to the readers.(1) BusinessBusiness is a human economic activity. It involves continuous and regular production and distribution of goods and services with a view to e.... More >>
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Salient features or characteristics of partnership
...Definitions of Partnership. A partnership is an association of two at more persons to carry on as co owners of a business and to share its profits and losses. Section 4 of the Partnership Act defines partnership as “the relation between persons who have agreed to share the profits of a business carried on by all or any one of them acting for all.” ‘Persons who have entered into partnership w.... More >>
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Merits and demerits of partnership form of organization
...What is partnership?Partnership is an association of two or more individuals (but not more than 20) who agree to share the profits of a lawful business which is managed and carried on either by all or by any, or some of them acting for all. According to Haney, “Partnership is the relation between persons competing to make contract who agree to carry on a lawful business In common with a view of .... More >>
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9 benefits of eating cashew nuts
...Goa is famous for the production of cashew nuts. Whether roasted, salted or covered in chocolate, the cashew nut, often used as a flavorful complement to appetizers, main dishes and desserts, packs a mix of nutrients and minerals not found in many common foods.Eighteen medium cashew nuts count as one serving (30 grams). Don’t have more than three servings per week, unless you need to gain weight.... More >>
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A new forum for online degree colleges and online education information
... People often fail to continue their full-time studies, especially when it hard time to get good colleges and courses to study. So it has been considered as the distant or online education is the best alternative. But still lots of information are required. Mega Degree Forum can help those who are looking for information such as about online colleges, online degrees and online education. It’.... More >>
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Different types of laboratories
...es: Clinical Microbiology Laboratories: Bacteriology, Mycobacteriology, Virology, Mycology, Parasitology, Immunology, Serology. Clinical Pathology Laboratories: These include Hematology, Histopathology, Cytology and Routine Pathology. Clinical Biochemistry Laboratories: Biochemical analysis, Hormonal assays etc Hospital Laboratories: Hospital Laboratories can be found in ho.... More >>
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Phpbb customization and phpbb application development
...PHPBB is a term that refers for PHP Bulletin Board that is a well known internet forum created using PHP language. PHPBB is an influential gizmo that helps in creation of custom planned profile fields and generate custom defined Bulletin board. PHPBB is free software existing for GNU General public License. PHPBB carries highly developed interactive features.PHPBB customization & PHPBB applicati.... More >>
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Mutual duties rights and liabilities of partners in the absence of partnership agreement
...The duties, rights and liabilities of partners in the conduct and management of the affairs of the partnership are contained in its partnership deed. However, if on any point, the deed is silent, then the relevant rule of the Partnership Act, 1932, will apply. In the absence of a written partnership agreement, the mutual rights and duties of partners shall be governed by the Partnership Act which .... More >>
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...palFamily: folksChildren: kidsBoy: guyPolice officer: copAnnoyed: fazedAngry: madOut of money: brokeComplain: gripeExaggerate: lay it on thickRepeat a criticism: rub it inGet very angry: blow your topDo something trick: pull a fast oneSpectacles: cheaters, eye glassesBeaten badly: take a lickingAdvertisements: adsA list of more informal wordsI’ve, I’m, she’s, we’re, they’re, em, won.... More >>
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Information about professional phpbb hosting
... Phpbb is essential in website management and designing. Most hosting websites require that you download phpbb before accessing their site to run your own page. When looking for a phpbb hosting website, it is important to do your research. Some sites will charge you to run the programs and download phpbb; however, phpbb may be downloaded for free. www.cirtexhosting.com is just one of the web.... More >>
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One man control is best in the world
...What is Meant By One Man Control? One man control or one man business (also called sole proprietorship) is the simplest form of business organization. The description ‘One man business’ or ‘one man control’ is sometimes con as misleading one, as there may be more than one persons working as employees in the business. The essential condition of one man control or one man business is that it.... More >>
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...REMEDIES OF INFLATIONThe first panacea for a mismanagement nation is inflation of the currency. The second is war. Both bring a permanent ruin. They both are the refuge of political and economic opportunists. (Ernest Hemigway). To avoid political unrest and harmful, social and economic effects on the economy, it is the main objective of every government to take appropriate measures to control infl.... More >>
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How to hard reset htc hd2 android
...The HD2 HTC puts the "smart" in smartphone. Windows Mobile operating system, 5 MP camera and a 4.3-inch screen are just the tip of the iceberg for this smartphone features and capabilities. At the time of its release, the HD2 HTC was the first phone from HTC for the HTC smartphone Sense and second with one CPU Qualcomm Snapdragon. Smart phones have different techniques to perform certain managemen.... More >>
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... ADVANTAGES OF AUDITING We can divide the advantages of audit into the following main heads. 1. TO THE GOVERNMENT 2. TO BUSINESS a. TO SOLE PROPRIETOR SHIP. b. TO PARTNERSHIP. c. TO COMPANY. 3. TO PUBLIC 1. TO THE GOVERNMENT The following are the main advantages that a government has received from auditing. A. ASSESSMENT OF TAXES If a business is audited, the tax author.... More >>
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Functions of state bank of pakistan
...The functions of State Bank of Pakistan are governed by the State Bank of Pakistan Act, 1956. In order to discharge its duties efficiently and successfully some of the functions which involved public dealing have been transferred to State Bank of Pakistan Banking Services Corporation from Jan., 2, 2002. The State Bank of Pakistan will continue performing its four basic functions (i) Framing and op.... More >>
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... DISADVANTAGES OF AUDIT 1. FRAUDS BY MANAGEMENT OR PLANNED: Some time the management commits a planned fraud. And for the auditor it is not possible to find out that fraud. In this case the audited account cannot describe the true and fair view of the business. 2. WRONG CERTIFICATES: Auditing is based on many certificates taken from management and other persons. These certificates may.... More >>
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...Bolt-on is an artificially intelligent, comprehensive execution system providing very specific functionality or technology to complement ERP systems. Bolt-ons employ client-specific business rules to meet unique needs. There are many useful applications of this type. The usual means of connection to other organizations with ERP systems is through software components. Most software has historicall.... More >>
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