Co operatives - Study guides, Class notes & Summaries

This document includes headings such as What are for-profit enterprises, What are not-for-profit enterprises, Organisations, Types of ownerships, Sole trader, Partnership, Private Limited Company, LTD, Public Limited Company, PLC, Types of incorporation, Co-operatives, Comparison of sole traders, private limited companies and co-operatives, Separate entity and Key terms/ summary

TAX2601 ASSIGNMENT 01 SEMESTER 1 & 2 (Questions and Answers A+ Graded 100% Verified) QUESTION 1 When interpreting the wording used in the Income Tax Act, the application of the contra fiscum rule may be necessary. What does this mean? (1) The court will apply the interpretation that is more favourable to SARS. (2) The court will apply the interpretation that places the bigger burden on the taxpayer. (3) The court will apply the interpretation that places the smaller burden...

BTEC Business Practice Exam Questions With Correct Answers 2023

Money Laundering - ANSWER-The process of making dirty money look clean. Criminals disguise the source of funds, changing the form or moving the money to a place where it is less likely to attract attention. The process of money laundering can be broken down into three stages: Placement, Layering and Integration. UN 2000 Convention Against Transnational Organized Crime - "Palermo Convention" def. of Money Laundering - ANSWER-1. The conversion of property for the concealment of its origin 2...

WJEC AS Business Studies Unit 1 questions and answers Why do people start their own businesses? - To make a profit - To provide a good or service - To fill gap in the market - To turn a hobby into a career or business - To be independent/their own boss What is an entrepreneur? An entrepreneur is somebody who starts and runs a business. Perhaps they make a product or provide a service, the quite possibly may employ somebody to make a profit. Many Entrepreneurs are innovators, they b...

A self-contained housing unit with one or more habitable rooms containing at minimum a kitchen, bathroom facilities and an exit from the building. Define a 'Dwelling Unit' - A duplex is under single ownership (under 1 title) ... the dwelling units can then be lived in or rented out - The 2 dwelling units in a semi-detached structure are each owned separately (under 2 titles) What is the difference between a semi-detached structure and a vertically divided duplex? The interest ...

WJEC AS Business Studies Unit 1 questions and answers, A+ content Why do people start their own businesses? - To make a profit - To provide a good or service - To fill gap in the market - To turn a hobby into a career or business - To be independent/their own boss What is an entrepreneur? An entrepreneur is somebody who starts and runs a business. Perhaps they make a product or provide a service, the quite possibly may employ somebody to make a profit. Many Entrepreneurs are innova...

MRL2601 - ENTREPRENEURIAL LAW BOOK. The Department of Trade and Industry (dti) published a policy paper named ‘South African Company law for the 21st century – Guidelines for Corporate Law Reform’1 which envisaged the development of a ‘clear, facilitating, predictable and consistently enforced law’ to provide ‘a protective and fertile environment for economic activity’. Bill 61D of 2008 was assented to by the National Assembly on 19 November 2008 and the Companies Act 2 was sign...

This document provides a full chapter summary of chapter 7 in the Canadian Business Law textbook, tailored for BUSI2601 business minor course at Carleton University. The chapter covers: 1. Importance of choosing a business form 2. Understanding sole proprietorships, their legal characteristics, advantages and disadvantages 3. Understanding the 3 types of partnerships: General, Limited, Limited Liability Partnerships 4. Looks at what is covered uner a partnership agreement 5. Defining...

PVL1501 - Law Of Persons Latest Summary Notes. Definition of the law of persons Law and Rights Legal Subject and Legal Object • Part of PRIVATE LAW Determines: • Which entities are LEGAL SUBJECTS • When LEGAL PERSONALITY BEGINS and ENDS • What LEGAL STATUS involves • What EFFECT various factors have on person’s LEGAL STATUS LAW: 1. Objective sense: • System of norms / conduct or rules • To regulate relations between members of the community • Concerned with LAW in ...