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What mean dissolution of partnership by automatic?
When a firm is put to an end as between all the partners, that is called dissolution. Section 39 declares:Section 39. Dissolution of a firm.-The dissolution of partnership between all the partners of a firm is called the "dissolution of the firm".Thus dissolution is something different from the retirement of a partner, because in retirement the business is continued by one or more of the partners. Where immediately after dissolution, the firm is reconstituted and the business resumed by some of the partners, even if in the same name and place, that remains dissolution. Where, on the other hand, on the death of a partner, his legal heirs joined the firm in accordance with the provisions of the partnership deed, the firm would not stand dissolved, although its constitutional documents would have to be altered.MODES OF DISSOLUTION1. By consent [S.40]2. By agreement [S.40]3. Compulsory dissolution [S.41]4. Contingent dissolution [S. 42]5. By notice [S.43]6. Dissolution by court [S.44]
How is a peer group different from an aspirant group?
Peer group analysis is a benchmark process in which a product of the firm, a department or the entire firm is compared to the firm that competes in the same market, has similar assets and operates in similar ways. Aspirant group is a benchmark process in which performance of the firm in question would be emulated with the set of firms. A financial manager often use financial ratio of aspirant group as a target ratios for his own firm.
Which element identities the strategic factors that determine the future of a firm?
SWOT analysis is the element that identifies the strategic factors that determine the future of a firm. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and it helps organizations assess internal strengths and weaknesses as well as external opportunities and threats to make informed strategic decisions.
Is pencil eraser a gas liquid or a solid?
A pencil eraser is a solid. It is typically made of rubber or a synthetic material that is firm but somewhat flexible.
What is the difference between liquid and water?
Liquid is a state of matter that can flow and take the shape of its container, while water is a specific chemical compound composed of two hydrogen atoms and one oxygen atom (H2O) that exists as a liquid at room temperature. Water is a type of liquid, but not all liquids are water.
Is it true or false that the boundaries between the five areas of chemistry are not firm?
They're not firm, more kind of squishy and malleable.
How do you make a 6 yr old learn respect?
You set clear, firm boundaries and stick to them.
What are Firm raised areas on the skin?
K
What are the differences between inter-firm and intra-firm?
Inter-firm is between two companies. Intra-firm is within one company.
How do you facilitate the stockholders and firm?
information that flows between a firm and stockholders
Meaning of broking firm?
A booking firm is that firm which helps in negotiating a lease between the parties involved..
What has the author N Wadeson written?
N. Wadeson has written: 'Two-way communication costs and the boundaries of the firm'
What provides the connections between the firm and its environment?
The firm's network of relationships, such as suppliers, customers, competitors, and regulatory agencies, provides the connections between the firm and its environment. These connections help the firm to gather information, resources, and support, and also influence the firm's strategic decisions and performance.
What is the difference between a publicly held firm and a publicly traded firm?
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Distinguish between a firm and an industry?
A firm is an entity where as an industry is a group of firms.
What are some ways to establish boundaries with my son's friend without causing tension in their friendship?
One way to establish boundaries with your son's friend without causing tension in their friendship is to communicate openly and respectfully. You can set clear expectations and boundaries in a friendly and non-confrontational manner. It's important to be firm but also understanding of their perspective. Additionally, involving your son in the conversation and setting boundaries together can help maintain a positive relationship between all parties involved.
Does the Fried Frank Law Firm specialize in certain areas of corporate business?
"No. The Fried Frank Law Firm does all types of litigation. They are recognized in twenty-four different areas of law and were cited in Chambers USA, 2011."
