unit3nationalinterestinaworldcommunity-在線(xiàn)瀏覽
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【正文】 vidends are portions of corporate earnings distributed to shareholders. A board maintains almost absolute discretion (判斷力） to declare or not declare dividends. Dividends may be in the form of cash or stock. 。 2) the bankruptcy of a partner or the partnership。 3) violation of the partnership agreement by one of the parties。Unit 3 National Interest in a World Community 1. Introduction l The majority of business anizations are corporations, others are general partnerships(一般合伙企業(yè) ), limited partnerships（ 有限合伙企業(yè) ） , and sole proprietorships（ 獨(dú)資企業(yè) ） . Less mon are professional corporations（ 專(zhuān)業(yè)公司 ） , jointstock panies（ 合股公司 ） , business trusts（ 商業(yè)信托 ） and joint ventures（ 合資企業(yè) ） . The factors to be weighted in making the decision are ease of formation, financial resource available, control, taxation, management skills available, ability to raise capital, continuity, and legal capacity（ 法律地位 ） . 2. Sole Proprietorship owned by a single person. ?The principal advantage of the sole proprietorship is that the owner has exclusive control over its operations without accounting to board members, partners, or stockholders. ?Disadvantages___ first, the owner is exposed to unlimited liability. Second , it is normally not in
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