An Overview on Silent Partnership Agreement

Silent partnership agreement is crucial to run a joint venture smoothly:

Silent partnership agreement is basically a legal agreement between two or more people who enter into a joint venture but in a silent partnership the responsibilities of partners are different from each other. In the silent partnership, the silent partner usually provides finances and stays away from the day to day working of the business while the other partner or partners manage to run the daily affairs of the business. The silent partner do not participate in daily management affairs as he is not responsible for the running of the business but shares the profit or loss according to the pre-determined ratio.

The only responsibility of a silent partner is to provide financial investment to a joint venture while the other partner or partners take the responsibility to run the business by managing the daily affairs of the joint venture. While doing a silent partnership in South Africa, it is highly recommended to draft a silent partnership agreement which will help in the smooth run of the joint business and will also assist in resolving the disputes or misunderstandings that may arise in the course of the business.

Legal importance of silent partnership agreement in South Africa: While running a joint venture in South Africa in which a silent partner is involved, drafting and signing a silent partnership agreement becomes very important. It comes under the South African Companies Act, 1973. This partnership contract helps all partners involved in a silent partnership to determine the duties or responsibilities of each partner and also to define the procedures to resolve the disputes in this partnership in a mutually agreed fashion without going to the court. This silent partnership agreement is drafted by the mutual consent of all partners and helps them to run the business without experiencing any sort of disapproving situation. This agreement clearly states the responsibilities of the silent partner that he is supposed to provide financial investment and the other partner will work hard while participating in the managerial duties and will tackle day to day affairs to run the business. With the help of this silent partnership agreement, all partners will be able to resolve their disputes easily in a peaceful manner instead of going to the court in South Africa. This silent partnership agreement is comprised on the following major points.

Name of Business

Location or physical address of business

Nature or the business

Contributionsfrom partners (time, money, property etc)

Profit/loss sharing ratio

Responsibilities of all partners (silent and others)

Decision making

Termination of the agreement

In a country like South Africa, it is very important to draft a silent partnership agreement which plays a vital role in the smooth sailing of a joint venture and helps all parties to resolve their conflicts rather easily.

Net Lawman are adept in providing all kinds of silent partnership agreement templates which are highly beneficial for people who are going to start a silent partnership as these templates are drafted in a comprehensive and easy way in plain English which can be edited easily according to the requirements of people.

Divorce Lawyer Costa Rica- Do You Need To Find A Divorce Lawyer In Costa Rica

Obtaining a divorce in Costa Rica is similar to obtaining a divorce in any other country and you will need a divorce lawyer, costa rica. If the parties reside in Costa Rica the Costa Rican court has jurisdiction and a divorce lawyer, costa rica can be of invaluable help. Natives are most likely aware of the divorce laws but, expatriates are often blindsided by CR divorce law and find themselves in need of a good divorce lawyer. Costa rica is a popular destination for those looking for love or amorous adventure. Many expats find themselves in a divorce situation due to looking in all the wrong places for a divorce lawyer, costa rica.

Prostitution is legal in Costa Rica. Many prostitutes perceive expats to be a ticket to financial stability and lure them into marriage. The expatriate eventually figures out they have been duped and seek a divorce. Most expats are totally unaware of local law so require the services of a divorce lawyer in Costa Rica that is well versed in divorce law.

There are many laws relating to family law that most expats are not aware of such as:

1- In Costa Rica family bonds are very tight. When you marry a Costa Rican you are functionally marrying the whole family.
2- In order to apply for divorce you must have been married at least three years,
3- CR has very tough domestic violence laws that are very one-sided to the womans side. A man standing accused in front of a judge is pretty much doomed to a guilty verdict.
4-Expats that are paying alimony or child support are prevented from departing CR unless they deposit 13 months of payment.
5-If a male expat marries a CR national and she adulterously bears another mans child, the child will bear the expats last name and whether DNA proves him to not be the biological father, he will be ordered to pay child support by the divorce court.

When you need a divorce lawyer in costa rica, seek recommendation and references before you select one. Nothing would be worse if you are a man, than hiring a divorce lawyer in Costa Rica that is sympathetic to only the wife. You need a divorce lawyer in Costa Rica even if the divorce is amicable in order to understand the proceedings and to assure that you interests are protected. Especially in the case of a contested divorce you need an experienced divorce lawyer. costa rica is not an easy country in which to obtain a divorce.

Being a divorce lawyer in Costa Rica requires continual updating of Costa Ricas complex divorce law. For a divorce lawyer, Costa Rica must be the ultimate challenge.

Prior to marital commitment it is advisable to consult a divorce lawyer. Costa Rica allows for prenuptials and amendments to them after marriage.

Be wise in choosing your spouse to lessen the chance you will need a divorce lawyer. Costa Rica is a country known as a sex tourist destination, be aware that what you think is love may only be economics. In the event you need a divorce lawyer, Costa Rica has many available to bail you out of you marital mess.

The Law Of Attraction & An Inspirational Story Of Gratitude

I was sent this story as a PowerPoint presentation today by a friend. I thought that it was wonderful and I needed to share it with all of you. .

Two men both seriously ill, occupied the same hospital room. One man was allowed to sit up in his bed for an hour each afternoon to help drain the fluid from his lungs. His bed was next to the rooms only window.
The other man had to spend all his time flat on his back.

The men talked for hours on end. They spoke of their wives and families, their homes, their involvement in the military service, where they had been on vacation.

Every afternoon, when the man in the bed could sit up, he would pass the time by describing to his roomate all the things he could see outside of the window. The man in the other bed began to live for those one hour periods where his world would be broadened and enlivened by all the activity and colour of the world outside.

The window overlooked a park with a lovely lake. Ducks and swans played on the water while children sailed their model boats. Young lovers walked arm in arm amidst folwers of every colour and a fine view of the city skyline could be seen in the distance.

As the man by the window described all this in exquisite details, the man on the other side of the room would close his eyes and imagine the picturesque scene. One warm afternoon, the man by the window described a parade passing by. Although the other man could not hear the band, he could see it in his minds eye as the gentleman by the window portrayed it with descriptive words.

Days, weeks and months passed.

One morning, the day nurse arrived to bring water for their baths only to find the lifeless body of the man by the window, who had died peacefully in his sleep. She was saddened and called the hospital attendants to take the body away.

As son as it seemed appropriate, the other man asked if he could be moved next to the window. The nurse was happy to make the switch and after making sure he was comfortable, she left him alone.

Slowly, painfully, he propped himself up on one elbow to take his first look at the real world outside. He strained to slowly turn and look out the window beside the bed.

It faced a brick wall.

The man asked the nurse what would have compelled his deceased roommate who had described such wonderful things outside this window. The nurse responded that the man was blind and could not even see the wall. She said, Perhaps he just wanted to encourage you.

Epilogue:
There is tremendous happiness in making others happy despite our own situations. Shared grief is half the sorrow, but happiness when shared, is doubled. If you want to feel rich, just count all things you have that money cant buy. Today is a gift that is why it is called The Present

There are so many points for you to take from this story:

We are all so busy trying to make it in life that we often miss how grateful we should be for the smaller things in life, like, having someone to talk to or someone to share our day with.
What a wonderful thing it is to make someone elses day a little brighter, no matter what is going on in yours. If you take on this attitude then you will attract more of the same into your life. It really is a win-win situation.
The power of visualisation to change our lives completely. You can take yourself to a different place, where life may be as you want it. You can take yourself to a place where you are feeling different emotions. It shows that through visualisation you have the power to create a different life for yourself. If you want something different in your life and you want it immediately then visualise yourself having it.
Today is a gift that is why it is called The Present. You want to be visualising your future goals, but dont forget to live in the present, in the moment. Be grateful for all you have and enjoy the time you have right now. It is said that a year in the future is closer to you than 10 minutes ago because you can never go back to that time, only forward.
Grasp life with both hands. Be grateful for everything you have right now, big or small. Use visualisations to picture what your future will be.

I hope you enjoyed the story as much as I did.

Is It Legal Or Illegal To Jailbreak Verizon Iphone

Recently, a lot of uncertainty has been circling around the issue of whether or not it should be legal to jailbreak 3G phones. “Jailbreaking” is now the common slang term for hacking into a Verizon iPhone, allowing users to run applications on the Apple OS that are not licensed or authorized by the Apple corporation. Confusion has now been cleared up by DMCA regulators, who have reached a consensus, which basically states that there is no unfair use attributed to the user who makes modifications to his or her iPhone, thereby making it operable with applications not approved by Apple.
The Digital Millennium Copyright Act (DMCA) is a U.S. Copyright law that makes it criminal to produce or propagate technology used to hedge digital rights management (DRM) which limit access to works that are copyrighted. However, the Electronic Frontier Foundation (EFF) has requested that the jailbreak Verizon phone be added to a list of specific exemptions that will ultimately not be applied to this act. The EFF contends that the iPhone’s integration protection system is purely a strategic business decision, bent on preventing competition. The EFF also maintains that jailbreaking represents fair use of the firmware linked to the operating system.
This new revelation comes at the expense of Apple, which has profited on a closed business model, introduced in 2007 when the iPhone debuted. While Apple has stated in the past that is not legal to jailbreak, to this date no action, legal or otherwise, has been taken against the untold numbers of iPhone users who have hacked into their phones to use Cyndia, an underground application store.
Apple has currently sold in excess of three billion applications, and emphatically states that its closed model has been the key to the iPhone’s success. Apple executives feel that other cellular phone networks could likewise be victim to devastating cyber attacks by iPhone users worldwide if they are permitted to legally break into their devices.
Proposed exemptions to the DMCA are brought up for review every three years. From Apple’s perspective, the DMCA should protect the encryption (which is copyrighted) and included in the start up of the iPhone OS. However, the Copyright Office came to a different conclusion – that instead, the restrictions that a copyright owner might impose upon an OS are not covered under a law meant to criminalize the violation of those restrictions.
Cydia, the forbidden application marketplace, can currently boast about nine million iPhones having the app installed. This news, naturally, comes as a great relief to the folks at Cydia and other alternative (but not sanctioned) applications written for installation and function on the iPhone (such as Rock Your Phone, which sells an app that enables the iPhone to become Wi-Fi hotspot.) The jailbreak community at large feels that this decision has given it legitimacy.
In response, Apple states that modification of the iPhone OS can lead to the inception of work which is a violation, yet protected by copyright law – and that the applicable license on the OS prohibits any software alterations. In addition (and not surprisingly) Apple has found that the unauthorized modifications are to be blamed for OS instabilities and other technical issues. Henceforth, they have explicitly stated that such alterations will void the iPhone warranty.

Good Personal Injury Information Is Right Here

In civil law, personal injury is an important topic. The outcome of lawsuits depends on the attorney that is presenting them. A lawyer that’s bad won’t do that well, but getting one that does the job isn’t that easy. Some useful tips for picking a good one are below.

Personal Injury Lawyer

When choosing a personal injury lawyer, pay special attention to the size of their firm. Generally, larger firms mean that more than one lawyer may work on your case. These are usually Associate Attorneys who are trying to gain some legal experience, while having a senior attorney oversee and make the final decisions. Smaller firms can usually provide better management by having fewer people working on a case. Feel free to ask if other attorneys will be working on your case in any firm you’re interested in.

Although personal injury lawyers advertise in the yellow pages, the better way to find a good lawyer is through word of mouth. If you don’t know anyone who has used a personal injury lawyer, check with the local bar association. They may be able to point you in the right direction.

Would you get married after your first date? If not, why would you choose the first personal injury lawyer you find in the Yellow Pages? Instead, check out all options in your town and choose the person with the best reputation for winning cases when it comes to personal injury law.

Make sure the lawyer you choose has good experience with personal injury cases. Do not judge the lawyer by how many times he settled, but by what he was able to do for his clients. A personal injury lawyer may have many “successful” cases where he settled for less then he should have.

You may have to hire a personal injury lawyer if you are involved in an accident. If you do, make sure you consult with professional organizations in the area to ensure that the lawyer is qualified to represent you. These organizations will also know if there have been any ethical or legal troubles associated with the firm you are considering.

You can concentrate on your recovery when you trust your attorney to properly represent your interests and protect your rights. Use the tips and tricks mentioned to help you find the perfect lawyer for your situation. When you have finally decided on an attorney, it is time to get the compensation that is owed to you.