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1. The court will not allow the theory of corporate personality to be used as a means of fraud or sharp practice - the judge has the power to 'draw aside the corporate veil'.
Explain what happens when the court does draw aside the veil and describe a situation in which the court has exercised its power.
2. A and B are partners in an ordinary partnership. The firm is insolvent. Joe, a creditor, has successfully sued A for a debt of £2,000. What rights, if any, has A against B?
3. A, B, C and D wish to form a partnership in which all of them will be limited partners. Advise them.
4. What is the maximum number of employees allowed to a company which wishes to qualify as a 'small' company?
The total services provided by the hospital to all patients during the year amounted to $ 19 million at the to $19 million at the hospital established billing rates.
What is the sales price variance for the two products?
consider the equation xsup2 ysup2 zsup2 1. let x1 y1 z1 and x2 y2 z2 be two sets of values of x y z satisfying the
horton enterprises issued 100000 10-year 6 bonds payable on 11. interest is payable each 6 months 11 and 71. the
sunnie purchased 50 percent of the shares of corporation h a calendar year s corporation for 7000. she also guaranteed
spendlove corporation has provided the following data from its activity-based costing system activity cost pool total
Calculate the estimated cost of indirect materials if 900 machine hours are to be used during a month. (Omit the "tiny_mce_markerquot; sign in your response.)
Alonzo Co. acquired 60% of Beazley Corp. by paying $240,000 cash. There is no active trading market for Beazley Corp. At the time of the acquisition, the book value of Beazley's net assets was $300,000.
We are pleased to announce some outstanding news for employees looking to further their education. Our company has added a tuition reimbursement plan into the budget. A higher degree could open opportunities for many employees here at the company.
On January 1, 2010, Moxley Company had Accounts Receivable $154,000; Notes Receivable of $11,000; and Allowance for Doubtful Accounts of $13,200.
earth company expects to operate at 65 of its productive capacity of 46000 units per month. at this planned level the
taffy industries is considering purchasing equipment costing 60000 with a 6-year useful life. the equipment will
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