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eBook The Accountant's Guide to Corporation, Partnership, and Agency Law (Contributions in Women's Studies; 95) download

by Sidney Wolf

eBook The Accountant's Guide to Corporation, Partnership, and Agency Law (Contributions in Women's Studies; 95) download ISBN: 0899302815
Author: Sidney Wolf
Publisher: Praeger (September 7, 1989)
Language: English
Pages: 238
ePub: 1433 kb
Fb2: 1288 kb
Rating: 4.7
Other formats: rtf mobi txt lit
Category: Act
Subcategory: Rules and Procedures

The author, an attorney and environmental consultant, divided the material into three parts: corporations, partnerships, and agencies. Each begins with a discussion and explanation of applicable legal terminology, followed by the steps necessary to create the type of entity, the duties and responsibilities of officers and other relevant matters. The dissolution of each type of business also receives coverage.

corporations, partnerships, and agencies.

book by Sidney M. Wolf. The author, an attorney and environmental consultant, divided the material into three parts: corporations, partnerships, and agencies.

April 16, 2010 History. found in the catalog. 43 tax deductible donation. Check nearby libraries. 1 2 3 4 5. Want to Read.

Agency in English law is the component of UK commercial law that deals with the application of agency law in the United Kingdom, and forms a core set of rules necessary for the smooth functioning of business. In 1986, the European Communities enacted Directive 86/653/EEC on self-employed commercial agents. In the UK, this was implemented into national law in the Commercial Agents Regulations 1993.

Report this Document. Description: Law on Partnership and Corporation Study Guide. 4. Nominate has a special name or designation. 5. Onerous contributions in the form of either money, property and/or industry must be made

Report this Document. Onerous contributions in the form of either money, property and/or industry must be made. 6. Commutative the undertaking of each partner is considered as the equivalent of that of the others. 7. Principal its existence or validity does not depend on some other contract. Principle of Delectus Personae (choice of persons) a person has the right to select persons with whom he wants to be associated with in partnership.

Study Guides Infographics. Yes the partnership is liable for Edgar’s actions. A law partnership is governed by the ordinary rules of partnership and agency law. The partnership is liable if the act is committed while the person is acting within the ordinary course of partnership business or with the authority of his or her co-partners. Under the UPA, partners are jointly and severally liable for torts and breaches of trust even if a partner did not participate in the commission of the act. This permits a third party to sue one or more of the partners separately.

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ending of a partnership. every partner can bind the business to a contract within the scope of the partnerships regular business operations. unlimited personal liability. when a partnership (or sole proprietorship) cannot pay its debts with business assets, the partner (or proprietor) must use personal assets to meet the debt. Procedure for withdrawal of assets by the partners. Procedures for withdrawal of a partner from the partnership.

Agency, in law, the relationship that exists when one person or party (the principal) engages another (the . The law of agency thus governs the legal relationship in which the agent deals with a third party on behalf of the principal.

Agency, in law, the relationship that exists when one person or party (the principal) engages another (the agent) to act for him- . to do his work, to sell his goods, to manage his business. The competent agent is legally capable of acting for this principal vis-à-vis the third party. Hence, the process of concluding a contract through an agent involves a twofold relationship.

This book contains a summary of the laws that govern business associations and are designed to help accountants spot potential problems their clients may encounter. The author, an attorney and environmental consultant, divided the material into three parts: corporations, partnerships, and agencies. Each begins with a discussion and explanation of applicable legal terminology, followed by the steps necessary to create the type of entity, the duties and responsibilities of officers and other relevant matters. The dissolution of each type of business also receives coverage. This material provides a good refresher course on the basics of business law for the busy practitioner. Journal of Accountancy

This book fills a major gap in the literature for professional accountants by offering a comprehensive discussion of the law concerning the three major types of business associations: corporations, partnerships, and agencies. As Wolf notes at the outset, accountants must have adequate knowledge of the laws governing business associations if they are to successfully perform professional services for their clients--the failure to spot potential legal problems can often spell disaster for a particular business. Wolf offers a current, accurate, in-depth treatment of the laws of business association in one logically organized source, specifically written to address the needs and concerns of accounting professionals.

Following an introduction, the volume is divided into three major sections each dealing with a specific type of business association. For each, Wolf draws on the relevant federal and state laws, uniform laws, common law, and judicial decisions to present a clear picture of significant issues. Section One deals with laws involving management, shareholder's rights, corporate financial structure, mergers and acquisitions, securities regulation, and dissolution. In the section devoted to partnerships, separate chapters address partnership formation, property, rights and liabilities of partners, termination, and limited partnerships. The final section covers agency creation, duties, liabilities, and termination. Taken as whole, this volume represents an important addition to the professional literature available to accountants in both corporate and private practice.