BAC101: FUNDAMENTALS OF ACCOUNTING
| Institution | KENYATTA UNIVERSITY |
| Course | BUSINESS ADMINISTRAT... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Brian Mike |
| File Type | |
| Pages | 74 Pages |
| File Size | 567.67 KB |
| Views | 7623 |
| Downloads | 0 |
| Price: |
Buy Now
 Buy via
whatsapp
|
Description
A partnership may be defined as the relationship which subsists between persons carrying on a business in common with a view of profit. The maximum size of a partnership is normally 20 persons although for certain professional practices such as
solicitors and accountants the number can exceed 20 as long as such partnerships are
registered under the Companies Act. Under most circumstances each partner is an agent of the firm for the purpose of carrying on the normal business of the firm. This means that individual partners can bind the other partners to contracts they negotiate on behalf of the firm. They may also recover from the partnership any funds they spend for the benefit of the partnership.
Below is the document preview.
PROBATE AND ADMNISTRATION
A limited grant is a grant that does not give the personal representative authority
to act with respect to the whole estate in all respects until the administration is
completed. It is a restricted grant. The grant may be limited as to special purpose,
property or time or it may be one of the special types.
23 Pages
598 Views
0 Downloads
194.96 KB
ATP 102: PROBATE AND ADMNISTRATION
Trending!
This is the branch of law that deals with inheritance. The concept of inheritance is universal to all societies irrespective of their legal system, ideology or religion. This arises out of three basic philosophical considerations:
138 Pages
6097 Views
0 Downloads
1.28 MB
LAW OF SUCCESSION
Trending!
This is the branch of law that deals with inheritance. The concept of inheritance is universal to all societies irrespective of their legal system, ideology or religion. This arises out of three basic philosophical considerations: that man needs to acquire some property for his own sustenance and leading a good life. Inheritance is one of the means through which property is acquired, the fact that man dies and leaves behind his property that should continue to be owned by those who are left behind, and the fact that man instinctively wants to have some control over his property even upon his demise.
2250 Views
1 Downloads
1.01 MB
ATP 100: CIVIL LITIGATION
Trending!
Assuming the defendant has been served and opted not to defend the plaintiff may apply for judgment in default of defence. One has to find out whether they are entitled to final or interlocutory judgment both of which have different procedures. Assuming Defendant chooses to defend the action and as such has filed a defence.
126 Pages
6291 Views
8 Downloads
997.87 KB
CIVIL LITIGATION SUMMARY NOTES
Trending!
Civil litigation is a process of making or defending or resisting a claim form the beginning up to its successful end by the enforcement of a judgment, if it is made.
60 Pages
6307 Views
2 Downloads
1.11 MB
Introduction to Company Law
Trending!
The Kenya Companies Act No 17 of 2015 was assented to by the President on September 11, 2015, to replace the Companies Act Cap 486 that had been passed in 1962. The repealed Companies Act is based on the English Companies Act, 1948. While the new Companies Act has largely codified the provisions of the common law and rules of equity, it is envisaged that these will still apply where necessary, relevant or where the statute is silent or does not fully cover an area in question.
21 Pages
8729 Views
0 Downloads
543.85 KB
Criminal Law 1
A crime is an offence which is prohibited by law and injurious to the public good and
which is enforced by courts and prosecuted by the State.
184 Pages
1604 Views
2 Downloads
1.4 MB
COMPANY LAW IN KENYA
Trending!
The formation and winding up of a company in Kenya is governed by the Company’s
Act Cap 486 of the Laws of Kenya. The company legislation in Kenya owes its origin to
the English company law.
16 Pages
8499 Views
0 Downloads
72.67 KB
Sexual Offences: Rape, defilement and allied offences
Trending!
Sexual offences – ‘offences against morality’ were originally provided for in the Penal Code, but with the passing of the Sexual Offences Act 2006 (hereinafter, the SOA), the latter statute became the main statute dealing with such offences. The Penal Code still however contains some provisions regarding these offences where the SOA 2006 is silent.
7211 Views
0 Downloads
73.2 KB
GPR 106: CRIMINAL LAW
Trending!
In general terms crime may be defined as an act punishable by law as forbidden by statute or injurious to the public welfare.
6792 Views
3 Downloads
300 KB