The Business Man's Encyclopedia: a Hip-pocket Business Counsellor-- ...: 1. Business law. 2. Business methods. [4], 156 p. illus |
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Page 26
Directors of a corporation are liable to the stockholders whenever there has been
gross negligence or fraud , but not for unintentional errors . The stockholders are
individually liable to the cor . poration ' s creditors to extent fixed by statute ...
Directors of a corporation are liable to the stockholders whenever there has been
gross negligence or fraud , but not for unintentional errors . The stockholders are
individually liable to the cor . poration ' s creditors to extent fixed by statute ...
Page 119
The following terms are used in adjustment calculations and are here defined for
easy reference : gross cost . The entire cost of merchandise , including all
expenses , etc . net cost . The entire cost of merchandise after all de ductions are
made ...
The following terms are used in adjustment calculations and are here defined for
easy reference : gross cost . The entire cost of merchandise , including all
expenses , etc . net cost . The entire cost of merchandise after all de ductions are
made ...
Page 120
The amount of merchandise purchased excluding freights , etc . gross stock . The
amount of merchandise on hand , val . ued at gross cost . net stock . The amount
of merchandise on hand , valued at net cost . gross sales . The amount of ...
The amount of merchandise purchased excluding freights , etc . gross stock . The
amount of merchandise on hand , val . ued at gross cost . net stock . The amount
of merchandise on hand , valued at net cost . gross sales . The amount of ...
Page 121
... or from gross sales , deduct gross profits and the remainder will be the net cost
. To Ascertain Purchases . - When the amount of gross sales , rate per cent of
gross profit , and net inventory are given , to ascertain amount of purchases :
Rule .
... or from gross sales , deduct gross profits and the remainder will be the net cost
. To Ascertain Purchases . - When the amount of gross sales , rate per cent of
gross profit , and net inventory are given , to ascertain amount of purchases :
Rule .
Page 122
Take the difference between the net cost and the amount received from the sales
, and divide by the gross cost , and the quotient will denote per cent of profit or
loss . This is the old rule of dividing the gain or loss by the number on which the ...
Take the difference between the net cost and the amount received from the sales
, and divide by the gross cost , and the quotient will denote per cent of profit or
loss . This is the old rule of dividing the gain or loss by the number on which the ...
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Common terms and phrases
acquired property addition advertising agent amount application authority banks capital carrier cent certain charge citizen clerk common condition constitute contract copy corporation cost court day's debt display effect fact filed firm given giving gross hand interest investment issued labor less letters liable limited loss matter ment merchandise remaining month mortgage mortgagor mortgagor resides naturalization necessary notice paid parties on stock patent payment personal property possession present principal printed profit property is located purchases reasonable receive recorded remaining renewed representatives resides rule showing specified statement statute stock of merchandise term thereof third parties tion United unless usually valid wages window writing written
Popular passages
Page 87 - States having common-law jurisdiction and a seal and clerk, two years, at least, prior to his admission, that it is bona fide his intention to become a citizen of the United States, and to renounce forever all allegiance and fidelity to any foreign prince, potentate, state, or sovereignty, and particularly, by name, to the prince, potentate, state, or sovereignty of which the alien may be at the time a citizen or subject.
Page 73 - ... or the page immediately following, if it be a book; or if a map, chart, musical composition, print, cut, engraving, photograph, painting, drawing, chromo, statue, statuary, or model or design intended to be perfected and completed as a work of the fine arts...
Page 87 - ... he has behaved as a man of good moral character, attached to the principles of the Constitution of the United States, and well disposed to the good order and happiness of the same," he will be admitted to citizenship.
Page 68 - Such oath may be made before any person within the United States authorized by law to administer oaths, or when the applicant resides in a foreign country, before any minister, charge" d'affaires, consul, or commercial agent holding commission under the Government of the United States...
Page 69 - Applications for patent, patents, or any interest therein, shall be assignable in law by an instrument in writing. The applicant, patentee, or his assigns or legal representatives may in like manner grant and convey an exclusive right under his application for patent, or patents, to the whole or any specified part of the United States.
Page 71 - States, or resident therein, who shall be the author, inventor, designer, or proprietor of any book, map, chart, dramatic or musical composition, engraving, cut, print, or photograph or negative thereof, or of a painting, drawing, chromo, statue, statuary, and of models or designs intended to be perfected as works of the fine arts...
Page 88 - Any alien, being under the age of twenty-one years, who has resided in the United States three years next preceding his arriving at that age, and who has continued to reside therein to the time he may make application to be admitted a citizen thereof, may, after he arrives at the age of twenty-one years, and after he has resided five years within the United States, including the three years of his minority...
Page 67 - Every patent shall contain a short title or description of the invention or discovery, correctly indicating its nature and design, and a grant to the patentee, his heirs or assigns, for the term of seventeen years, of the exclusive right to make, use, and vend the invention or discovery throughout the United States and the Territories thereof, referring to the specification for the particulars thereof.
Page 67 - Office a written description of the invention or discovery, and of the manner and process of making, constructing, compounding, and using it, in such full, clear, concise, and exact terms as to enable any person skilled in the art or science to which it appertains, or with which it is most nearly connected, to make, construct, compound, and use the same...
Page 87 - He shall, before he is admitted to citizenship, declare on oath in open court that he will support the Constitution of the United States, and that he absolutely and entirely renounces and abjures all allegiance and fidelity to any foreign prince, potentate, state, or sovereignty, and particularly by name to the prince, potentate, state, or sovereignty of which he was before a citizen or subject...