FORMS OF BUSINESSES Essay Example | Topics and Well Written Essays - 1500 words

FORMS OF BUSINESSES - Essay Example Under the sole proprietorship form of business, the business ends either when the person decides to go out of business, or if the person dies or somehow cannot operate the business. There is nothing formal that needs to be formally done to end the business. In the case of a general partnership, the same principles as with sole proprietorships apply in regards liability for injuries or accidents. The only real difference would be that the partners would share liability instead of all the liability resting with one person. In a bankruptcy case, the general partners would be personally liable for unpaid bills of the business. The legal rules apply differently from state to state, but being both jointly and separately liable is most common. This gives a third party the option to bring suit for unpaid bills either against one partner or against the partnership as a whole (Clarkson, et.al, 2006). The partners would find that it is easier to expand the company than for a sole proprietor. If there were two partners, they could combine their funds and resources for expansion. Banks would more quickly approve loans if more than one person was involved (Clarkson, et.al, 2006). The partners could invite more partners to join if more funds are needed. They could have a written agreement that the new partners provide funds or capital as part of the agreement to join the group (Clarkson, et.al, 2006). With a general partnership, the partnership itself is not taxed. Any income or losses flow through over to each individual’s income tax statements. The owners are taxed on their proportionate share of the business (Willis, et.al, 2009). Under general partnerships, the articles of the partnership determine how long the business operates. Those articles can state exactly the length of time that the partnership will continue. If nothing is stated in the articles, then any partner can end it by choice. If there is an agreement in

The New Acropolis Museum and Ancient Greece's Architecture Research Paper

The New Acropolis Museum and Ancient Greece's Architecture - Research Paper Example The New Museum of the Acropolis is located in Makryianni district. The entrance of the museum is on Dionysios Areopagitou Pedestrian Street, which connects it to the Acropolis and the other historical sites in Athens. Many scholars have discussed the numerous similar characteristics between The New Acropolis museum and ancient Greece’s architecture varies widely. However, this paper will be discussing how the museum is similar to ancient Greece’s architecture, in not only its design, but also how it fits in the mathematical scheme of space, which is the most abstract similarity and the less noticed yet the strongest evidence. The mathematical scheme used in building the sites in Athens is based on the ancient Greeks’ believes, and the museum fits in it, which proves that The New Acropolis Museum was built to meet ancient Greece’s strategies, believes and myths and not randomly as it’s been claimed. There are three main types for concept of space, biological, symbolic, and mathematical. Ancient man has shown very clearly the biological and the symbolic scheme, in almost everything. His activities, religion, and culture played a huge role in the way towns were laid and landscape was designed. The biological and the symbolic concepts are shown clearly to the observer. It is well known that The New Acropolis Museum relates to Ancient Greece’s Architecture in many visually noticeable characteristics as it meets the clarity of Greece architecture. It has a simple exterior just like the structures in ancient Greece. The most obvious similarity is the way light was handled in the museum. Where ancient Greeks surrounded their temples with columns but left it open for direct light. The New Museum of The Acropolis was built to give the same lighting level but with using a high maintenance, heat resistant, many types of glass to light a big part of the museum naturally, and in the same way, the other historical