Here are the answers to the Power of Attorney test:
1. False
2. c) 2 years
3. b) President
4. True
5. d) All the above
6. False
7. True
8. True
9. d) All the above
10. True
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Complete Smashburger Franchising, LLC franchise disclosure document with information on the burger franchise opportunity's costs, training, key executives, financials and more. Get more details on Smashburger Franchising and submit feedback and reviews of the franchise opportunity at Profyling.com
The franchise is the right to operate a business that offers tax preparation services and other financial and related products and services under the MKG Tax Consultants brand and system.
Franchise Disclosure Document for Smashburger Franchising, LLCFranchise Review
Complete Smashburger Franchising, LLC franchise disclosure document with information on the burger franchise opportunity's costs, training, key executives, financials and more. Get more details on Smashburger Franchising and submit feedback and reviews of the franchise opportunity at Profyling.com
The franchise is the right to operate a business that offers tax preparation services and other financial and related products and services under the MKG Tax Consultants brand and system.
Did you know that 35 states now require commercial collection agencies to be licensed and bonded to collect in their state regardless of where they are domiciled?
ACCESS is fully compliant
First state update case law developments and updates to delaware llc act James Wier
The Delaware LLC continues to be one of the most flexible type of business entities globally. Join us as we take a detailed look at the 2016 amendments and updates to the Delaware Limited Liability Act in this complimentary CSC webinar. Inform and advise your clients looking to make the most of Delaware’s limited liability company statues with the most up-to-date information in your repertoire.
Join Matthew J. O’Toole, Christopher N. Kelly, and Michael P. Maxwell of Potter Anderson & Corroon LLP as they share their insights, outline associated case law, and discuss amendments to the act. O’Toole is also senior legal advisors to CSC and LexisNexis for their joint publications, as well as co-author of the detailed guide on the subject, Symonds & O’Toole on Delaware Limited Liability Companies, Third Edition. Attendees will have the opportunity to ask these experts about specific LLC-related case law and amendments.
Did you know that 35 states now require commercial collection agencies to be licensed and bonded to collect in their state regardless of where they are domiciled?
ACCESS is fully compliant
First state update case law developments and updates to delaware llc act James Wier
The Delaware LLC continues to be one of the most flexible type of business entities globally. Join us as we take a detailed look at the 2016 amendments and updates to the Delaware Limited Liability Act in this complimentary CSC webinar. Inform and advise your clients looking to make the most of Delaware’s limited liability company statues with the most up-to-date information in your repertoire.
Join Matthew J. O’Toole, Christopher N. Kelly, and Michael P. Maxwell of Potter Anderson & Corroon LLP as they share their insights, outline associated case law, and discuss amendments to the act. O’Toole is also senior legal advisors to CSC and LexisNexis for their joint publications, as well as co-author of the detailed guide on the subject, Symonds & O’Toole on Delaware Limited Liability Companies, Third Edition. Attendees will have the opportunity to ask these experts about specific LLC-related case law and amendments.
Key Takeaways:
Appointment of directors under Singapore Companies Act
Disqualifications of directors
Powers and duties of directors
Removal and resignation of directors
Memorandum of association and Articles of association and partnership deed an...Aniruddha Dey
An study on memorandum of association and Articles of association. It contains the difference between memorandum of association and Articles of association, partnership deed and sales agency agreement and effects of registration of Memorandum of association and Articles of association while incorporating a business. All precisely.
Be the attorney you dreamed of being. Jump start your career with Tully Rinckey PLLC:
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September, 2015 - This course will be led by Tully Rinckey PLLC Partner Graig Zappia, Esq. Mr. Zappia will draw upon his experience as an experienced real estate and corporate law attorney to assist attorneys of all levels of skill and experience in improving their legal knowledge regarding how to form Limited Liability Companies under New York State law. Mr. Zappia will provide guidance to attorneys on the various forms and procedural requirements to form Limited Liability Companies and Professional Limited Liability Companies. Mr. Zappia will provide insight into the merits and flaws of Limited Liability Companies compared to Corporations.
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It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
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Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
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In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
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"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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2. POWER OF ATTORNEY
CBP REGULATION/JAS USA POLICY
Before transacting Customs business in the name of his principal,
a customhouse broker is required to obtain a valid power of
attorney to do so. He is not required to file the power of attorney
with a port director. Customhouse brokers shall retain powers of
attorney with their books and papers, and make them available to
representatives of the Department of the Treasury.
Before any employee of JAS USA can conduct US Customs
business on behalf of any client, a properly completed and signed
power of attorney is required. (19CFR141)
3. ACCEPTABLE POA FORMS
• CBP 5291 may be used for giving power of attorney to
transact Customs business.
• If CBP 5291 is not available, either a general power of
attorney with unlimited authority or a limited power of
attorney as explicit in its terms and executed in the same
manner as the CBP 5291.
• JAS Forwarding USA Inc does have an electronic format
available.
4. Revocation of Power of Attorney
Any power of attorney shall be subject to
revocation at any time by written notice given
by the principle or by the port director.
5. Nonresident Corporation
Foreign Power of Attorney
Definition of Non-resident – an individual, partnership or
corporation that does not meet the definition of a resident.
A power of attorney executed by a nonresident principal shall not
be accepted unless the agent designated thereby is a resident and
is authorized to accept service of process against such
nonresident.
Power of attorney shall be supported by documentation
establishing the authority of the grantor designated to execute the
power of attorney on behalf of the corporation.
Validity of power of attorney – 5 years
6. Resident Corporation
Definition of Resident – is an individual who resides within, or a
partnership with one or more of the partners reside within, the
Customs territory of the United States or the Virgin Islands of the
United States, or a corporation incorporated in any jurisdiction
with the Customs territory of the United States or in the U.S.
Virgin Islands.
A power of attorney for a resident corporation shall be executed
by a person duly authorized to do so. (i.e. president, vice
president, treasurer or secretary).
Validity of power of attorney – 5 years
7. Partnerships
A power of attorney granted by a partnership shall state the
names of all members of the partnership. One member of the
partnership may execute a power of attorney in the name of the
partnership for the transaction of all its Customs business.
Limited Partnership – A power of attorney granted by a limited
partnership need only state the names of the general partner who
have the authority to bind the firm unless the partnership
agreement provides otherwise.
Validity of power of attorney – 2 years
8. Partnership requirements
Validity of partnership power of attorney not to exceed 2 years from
the date of execution
A copy of the partnership agreement must accompany the power of
attorney. For this purpose, a partnership or limited partnership
means any business association recognized as such under the laws of
the state where the association is organized.
Change in Partners – When a new firm is formed by a change in
membership, no power of attorney filed by the antecedent firm shall
thereafter be recognized for any Customs purpose.
9. Importer Security Filing
Limited Power of Attorney
Limited or general POA’s - A POA may be executed for the
transaction by an agent or attorney for a specified part or all the
Customs business of the principal.
10. LIMITED LIABILITY CORPORATIONS-LLC’s
As a general rule, LLC’s are managed by their members, unless the LLC elects
to appoint managers to manage the company. In a member-managed
company, the members are agents of the company with the authority to bind
the LLC in the ordinary course of its business. This authority would include
executing powers of attorney.
In a manager-managed company, the mangers are the agents with such
binding authority. Members do not have the power to bind the LLC in their
capacity as members in a manager-managed company. Therefore, the
question of who within an LLC can execute powers of attorney will depend on
its management structure.
Validity period not to exceed 2 years.
JAS USA requires copies of the LLC docs showing the list of
members for the LLC.
11. Delegation to Subagents
Sub POA’s
Customhouse brokers – A power of attorney executed in favor of
a licensed customhouse broker may specify that the POA is granted
to the broker to act through any of its licensed officers or
authorized employees.
JAS USA will grant a sub-power of attorney under above
conditions if an existing CBP permit does not exist in the port of
entry and if RLF is not possible in that port.
Request should be in writing to compliance with Name and address
of broker being assigned and a copy of original power of attorney.
12. Identity Verification for Powers of Attorney
By ensuring that each POA is valid, the broker joins US CBP on the
national security frontlines in verifying the data used to screen what enters
this country.
Identity verification required for all types of companies and/or individuals.
“Reasonable care” requires verification of the ALL POA signer’s identity.
JAS USA requires an identity verification form to be completed by the
party that obtains the POA. This form indicates that you have verified the
person, who signed the POA, is in fact who they say they are.
13. Standards for Validation
POA’s should be completed in person so that the grantor’s personal
identification (driver’s license, passport, etc) can be reviewed.
Foreign POA (FPOA”s should be completed in the presence of a JAS
representative in the country of signing. Validating documents remain
the same for FPOA’s.
Verify that the importer’s name, importer number and IRS# or Social
Security # on the POA match what appears on bond query.
Check all parties screening to determine that POA grantor does not
appear on any Government lists.
14. Additional Validation
LLC’s & Partnerships
Check applicable web sites to verify the POA grantor’s business
and registration with State authorities.
If the principal uses a trade or fictitious name in doing business,
confirm that the name appears on the POA
15. TEST:
1. You must use a CBP 5291 for all Powersof Attorney?
True
False
2. A Power of Attorney issued by a Partnership is valid for what period of time?
a) 1 year
b) 5 years
c) 2 years
d) Until revoked
16. 3. Which position listed below can execute a resident corporation Power of
Attorney?
a) General Manager
b) President
c) Receiving Manager
d) All the above
4. A valid Power of Attorney is required for a broker to conduct Customs business
on behalf of a principle.
True
False
17. 5. A resident is considered to be….?
a) An individual who resides within the customs territory of the United
States and the US Virgin Islands
b) A partnership with one or more of the partner who resides within the
customs territory of the United States or the US Virgin Islands
c) A corporation incorporated in any jurisdiction within the customs
territory of the United States or the US Virgin Islands
d) All the above
6. All Power of Attorney’s must be filed with the port director.
True
False
18. 7. Customhouse brokers shall retain Power of Attorney’s with their books and
papers and make them available to a representative of the Department of the
Treasury.
True
False
8. Verifying the Power of Attorney grantor’s identity and legal authority to enter
into a POA is considered “reasonable care” for brokers.
True
False
19. 9. Which of the following is a way to validate a Power of Attorney?
a) Check applicable websites to verify the POA grantor’s business and
registration with state authorities
b) If the principal uses a trade or fictitious name in doing business,
confirm that the name appears on the POA
c) Verify that the importer’s name and Employer Identification Number
on the POA match what is in ACS.
d) All the above
10. A Power of Attorney can be revoked at anytime by written notice given to and
received by the broker
True
False