LAWS 3201 Lecture Notes - Lecture 1: Limited Liability Partnership, Common Ownership, Supermarine S.6
15 Oct 2017
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Business enterprise frameworks - lecture 1: final exam no essay questions on sole proprietorships or partnerships, 3 basic forms of business organizations in canada, sole proprietorship, partnership, the corporation, business organizations law is. In corporations, shareholders have a financial interest in the corporation: the(cid:455) also ha(cid:448)e the right to (cid:448)ote to ele(cid:272)t dire(cid:272)tors to (cid:373)a(cid:374)age the (cid:272)orporatio(cid:374)"s business, a stakeholder (except when he/she is an owner) is not a shareholder. Identify the three (3) basic business structures used in canada and briefly describe the legal significance of each structure and its benefits and obligations. S. 10 p. a: only upon death or bankruptcy, partner no longer liable for debts incurred thereafter, but estate remains liable for [ast debts of deceased or bankrupt partner. Constitution act,1867: provinces have the power to pass partnership acts, additional provisions for agreement, monitoring and control provisions, procedures on collective action & provisions on how liability imposed under the.
