TO: Pat Braden, Gale Roth
FROM: Alexandria Camunas
RE: Painted Images - Courts and Jurisdiction
DATE: 27 February 2018
There are various business structures that Painted Image can select in the development of thier company, which range from sole proprietorship, partnerships, limited liability company (LLC), and corporations (S,B,C)(U.S. small business adminstration SBA). A sole proprietorship is an entity consisting of one person, and is the simplest business structure to form. The owner can conduct business under a trade name and the business can be used to test a company before reforming to a new business structure . The sole proprietors accountable for personal …show more content…
General partners will bear personal liability for the partnership’s obligations, liabilities, and debts. Partnerships can be expensive to establish versus sole proprietorships because of the additional legal and accounting services. A limited partnership would be a recommendation to Painted Images with an agreement being developed due to the amount of investments provided by each investor. There should be a detailed description of how the business decisions are to be made, how disputes will be resolved, and the mangement role of the owner with unlimited …show more content…
To elaborate there can be a disadvantage in regards to taxes for LLC, due to the fact that LLC pay higher amounts of taxes than a corporation and pay federal inclusions (incfile.com 3). If a member decides to seperate from the LLC, then the LLC will no longer exist, which explains a long term commitment will be expected in creating Painted Images as an LLC. The banking for Painted Images must be kept seperate from personal finances and banks may charge different fees to maintain these seperate accounts. Overall, the LLC is my primary recommendation for Painted Images versus the other business
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“An LLC is an unincorporated business entity that combines the most favorable attributes of general partnerships, limited partnerships and corporations. An LLC may elect to be taxed as a partnership, the owners can manage the business, and the owners have limited liability” (Cheesman, 2006, p. 382). This structure would protect the liability risks and the interest to Pete and Paul. In order for Pete and Paul to form an LLC in the state of Colorado, they will need to file a formal article of organization with the Colorado Secretary of State which will be governed according to Colorado State law. In Colorado, every LLC must also appoint a Registered Agent.
In turn, Travelers neglected to maintain finances, and Weill fired Dimon as a result of such competition (Hitt, Ireland & Hoskisson, 2012). Therefore, the Traveler's suffered a business loss with the outcome of Weill's firing of Dimon. Although, there are positive advantages to a general partnership like the buy and sell relationship which benefits the purchasing of stocks and purchasing methods for the business (Peterson & White, 2000). In other words, the value of stocks according to the business shares costs between partners when beginning a business. Despite the benefits of general partnership Jeb and Josh would have benefited with either a limited partnership or tenets in common, so both could share in the profits but have limits in liability to one another's
Upon visiting the Huntsville Museum of Art, I was very surprised to find all of the tremendous galleries that were currently up at the museum. In addition, after exploring the entire museum there was one gallery that really intrigued me, and this was the gallery of Antoine Ponchin and his son Jos. Henri Ponchin. What made the Ponchin gallery so interesting to me was both the father and the son were landscape artist. Moreover, both Ponchins travelled to many locations to paint magnificent pictures. Choosing a picture to paint about from this gallery was a challenge for me mainly because both Antoine and Jos.
Legal Organization Status Airbound Trampoline Park is a Legal Liability Corporation (LLC). A Legal Liability Corporation is a form of “business structure that mixes pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation” (Wikipedia). This means that the owner(s) of the company pay taxes on profits acquired by the business on their own personal tax returns, while still obtaining the perks of not being held liable for liabilities or possible debts of the company. Despite having the name “Corporation” in the title, a LLC is technically considered a legal form of a company rather than a corporation. Legal Liability Corporations are considered “easy going” and “flexible” which makes them great
I have lived in Mason County, West Virginia for 20 years and had not noticed how much art there is within the county. First, I thought art had to be a painting or a sculpture, until I took an Art Class at MOVC with Mr. Jan Haddox. Mr. Haddox said on the first day “Art is what you like, it can be creative or unique, and does have to just be a painting or a sculpture.” This is what opened my eyes to the art in Mason County.
During The Great Depression every family was at it’s weakest point. Harry Hopkins one of President Franklin Roosevelt closest advisor started an experimental program known as the Public Works Art Program. This program was shortly lived, however, Harry Hopkins moving from the Federal Emergency Relief Administration to the Works Progress Administration created the Federal Art Project. The Federal Art Project was created by the WPA as a relief measure to employ artists and artisans. In all this project created more than 200,000 jobs in many different lines of separate work.
Colin Rhodes disappoints in his final chapter. In Outsider Art, Rhodes spends four chapters defining outsiderness by drawing on the biographies of numerous individual artists who are recognized as outsider artists. He shows examples of their work, but he largely avoids discussing the specific pieces. However, in the last chapter, Rhodes introduces an alternate definition, which contradicts the one he has carefully crafted in the previous four chapters, of what it means to be an outsider.
Steven Sampson’s Painters is a full service interior and exterior residential and commercial painting company. They are located in Mound, Minnesota. Steven Sampson’s Painters has been exceeding customer expectations for more than 40 years. They specialize in carpentry work, interior painting, and exterior painting and staining. Their interior services include woodwork and trim staining, faux finishes, wall repair, priming and painting, drywall repair, window repair, and staining and varnishing.
Artifact Description: Graffiti Painting—Use tools from a paint program to modify an image; create a fictional story with the image as the central character. What you learned: The first thing I learned from this project is that I did not have any type of painting software on my computer. Through google, I was able to find a free basic paint software for the Apple computer called Paintbrush. Since this was a new application for me, I learned how to use the different features of the software. There was also a learning process in downloading the assigned image from Canvas, in which I was to work with, and copying it into my paint software.
Academic writing has several misconceptions and myths that many people use till this day. Many people can admit that it is difficultt to break these habits/ misconceptions that we may have been learning since elementary school. The myth "Paint by Numbers" is a misconception that I truly struggle with. Ever since I was in middle school, I was always told to use a specific format and nothing else; hence the reason I sometimes struggle when I may have to write essays that are more lengthy, because I already made my point of the topic and gave my reasoning on why I support it, yet I still fall below the minimum requirement of words.
The similarities that I saw between the painting and video were that the ghost was over his shoulder and the color of the ghost was black and white. Another similarity I saw was that the scene was at night time and the clothes were similar. The differences that I noticed were that the ghost appeared on different sides of the shoulder and the ghost looked more fierce in the painting than in the video. Also, there was a candle in the video and not in the painting. Another difference was that Caesar appears in full form in the painting, as to where the video only shows his head, and there was some color in the video as to there was no color in the painting.
How to Thin Acrylic Latex Paint Are you planning on decorating your walls with acrylic latex paint? It is widely used in various DIY projects. You can use it to paint your walls, ceiling, and interior furniture. If you are working on decorating your walls using this type of paint, you need to make sure that it has the right viscosity. Otherwise you might end up with an ugly, uneven, and blotchy wall.
Introduction Visual and performing arts tend to act as separate entities within the field of education; considerably isolated from the majority of academia, these sectors are often considered to be secondary or elective options after completing primary education. The arts are an essential part of a well-rounded education, however, when an institute begins a budgeting process, the arts are rarely considered a top priority. For example, during periods of recession many public schools within the United Stated were forced to cut visual, performing and musical arts programs, despite studies that proved the exposure to the arts to be beneficial for students both academically and in extracurricular activities. Learning in an art-infused environment
Graphic designer (advertisement or poster) Career description · List the responsibilities associated with this career – what does a typical job description include? Create designs, concepts, and sample layouts based on knowledge of researching and esthetic design concepts. Set size and arrangement of demonstrative material and copy, and choose style and size.
Also, it happens to be a separate entity from the partners. Cons: Every partner is responsible for their own negligence, misbehavior, etc. While every partner is responsible for their actions, if someone under them makes a mistake the partner takes the blame for that also. Not to mention, LLP is only available for specific occupations.