When more established, well-defined private property rights are in place, externalities will be Choose one: A. less prevalent. B. more prevalent. OC. not dependent on private property rights.
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- In what ways do Property Rights and Principal Agent theories help explain the development of the firm? How may these ideas be linked to the low cost airline industry?TRUE OR FALSE A Sole Proprietorship has the advantage of least government regulations.describe the various legal entities available to an entrepreneur when starting a business. These can be classified in two groups based on how income is taxed and availability of limited liability protection. 1What is the concept of double taxation of income, and which entities can avoid this double taxation? 2What is the concept of legal liability protection, and which legal entities are entitled to that protection?
- explain the circumstances under which each ot the following types of ownership would be most desireable. give reasons for your responses joint tenancy tenancy in common tenancy by entirety1. The interest of the shareholders, customers, employees and society are not identical, rather they are conflicting. ElaborateEvette and Rhumbi have known each other from university. Evette has a degree in marketing andRhumbi is a talented application (app) developer. They decide to work together to create aplatform for struggling professionals who want to earn a living without the stress of looking forclients. They trust each other and want to start a business that is representative of theirfriendship. They decide not to register the business as a legal entity as this could cause delays.They were really keen to get started!They have approached you for advice on the following: Q.1.1 Provide a short note on the best business enterprise for Evette and Rhumbi withreference to the facts. Your answer should include:• the basis or founding documents for the formation of the enterprise;• a discussion of the essential elements of the enterprise; and• the statutory formalities, if any, for this type of enterprise to be formed.Q.1.2 They are aware that things don’t always pan out as intended. They would like a listof…
- What copyrights, trademarks, and the likes do you own or expect to own?"Should corporations have constitutional rights?" Why or why not? Please support your opinion with resources.What business form would be most appropriate for Tim’s and why? Explain the benefits and drawbacks of the business form you chose. Explain which general state and federal laws (see resources below) might impact registration of Tim’s business, due to the fact that it is a restaurant business.
- Your Cousin along with his wife are willing to launch a children day care center investing around 250 thousand Egyptian pounds can you advice on the following : What could be the legal options available on the best legal form that can suits this type of business AND explain why would you recommend this Type of Legal Form ? Highlight its advantages and disadvantagesExplain the case of Salomon v Salomon & Co Ltd. Why was this case is of such importance to small business owners?5. David runs a t-shirt business. He is producing t-shirts with a print of a well known cartoon character on them. He pays the creators of the cartoon a fee of £1 for every t-shirt sold containing an image of the character. What most accurately describes this arrangement? A Franchise B Partnership C Licensing D Joint Venture