How to become a share broker? A: 1. Start in high school by taking courses related to finance.

For example, take classes in math and economics. It is not necessary to ace the subjects but an in... Read More Source: www.ehow.com Q: How to buy shares without a broker? A: 1. Find the "Investor Services" page on the website of the company whose stock you want to buy. The "Investor" link is usually listed in a menu near the top of ... Read More Source: www.ehow.com Q: How to buy & sell shares on an online broker? A: 1. Open an account with an online broker. Compare the offers of several brokers and research such factors as account minimums, opening requirements, interest ra... Read More Source: www.ehow.com Q: What is 'a share broker' in French? A: un courtier en titres Read More Source: wiki.answers.com Q: How to succeed on behavioral interview questions with SHARE model A: Want to do well on behavioral interview questions? Behavioral interview is one of the most popular interview styles of many major company and government agencie... Read More Source: www.ehow.com If u want den nly write this Learn about investments and the finance money market. Analyze the market, follow the changes, learn about shares and compare investment opportunities. Investing practically even with small sums of money will help. 4 To become a share broker in the US a person must pass the General Securities Representative Examination ("Series 7 exam"). 5 Find out state laws. For example, some states require share brokers to pass the Uniform Securities Agents State Law Examination (Series 63) as well as the Series 65 exam known as the Uniform Investment Advisor Law Exam. 6 Join a brokerage firm for at least 6 months to a year. Practical experience is necessary to acquire a license and the brokerage firm will help sponsor the candidate. 7 Create a resume that highlights finance related experience. Share brokers need experience and knowledge more than the degree to qualify in the profession. The high paced field is for those who thrive on challenges.

A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore exhibits elements of partnerships and corporations.[1] In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence. This is an important difference from the traditional unlimited partnership under the Partnership Act 1890, in which each partner has joint and several liability. In an LLP, some partners have a form of limited liability similar to that of the shareholders of a corporation.[2] In some countries, an LLP must also have at least one "general partner" with unlimited liability. Unlike corporate shareholders, the partners have the right to manage the business directly. In contrast, corporate shareholders have to elect a board of directors under the laws of various state charters. The board organizes itself (also under the laws of the various state charters) and hires corporate officers who then have as "corporate" individuals the legal responsibility to manage the corporation in the corporation's best interest. An LLP also contains a different level of tax liability from that of a corporation. Limited liability partnerships are distinct from limited partnerships in some countries, which may allow all LLP partners to have limited liability, while a limited partnership may require at least one unlimited partner and allow others to assume the role of a passive and limited liability investor. As a result, in these countries, the LLP is more suited for businesses in which all investors wish to take an active role in management Limited Liability Partnership (LLP) is a form of business organisation where the liability held by each of the partners is limited by law. It provides the benefits of limited liability of a company, but allows its members the flexibility of organising their internal management on the basis of a mutually arrived agreement, as is the case in a partnership firm. It is a corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in a flexible, innovative and efficient manner. LLPs are increasingly becoming the preferred vehicle of business for small and medium enterprises, particularly in the service industry & organisations involving professionals. Liabilities of a Partner to Third Parties: The following are the liabilities of a partner to third parties: i. Liability of a partner for acts of the firm: Every partner is jointly and severally liable for all acts of the firm done while he is a partner. Because of this liability, the creditor of the firm can sue all the partners jointly or individually. ii. Liability of the firm for wrongful act of a partner: If any loss or injury is caused to any third party or any penalty is imposed because of wrongful act or omission of a partner, the firm is liable to the same extent as the partner. However, the partner must act in the ordinary course of business of the firm or with authority of his partners. iii. Liability of the firm for misutilisation by partners:

Where a partner acting within his apparent authority receives money or property from a third party and misutilises it or a firm receives money or property from a third party in the course of its business and any of the partners misutilises such money or property, then the firm is liable to make good the loss. iv. Liability of an incoming partner: An incoming partner is liable for the debts and acts of the firm from the date of his admission into the firm. However, the incoming partner may agree to be liable for debts prior to his admission. Such agreeing will not empower the prior creditor to sue the incoming partner. He will be liable only to the other co-partners. v. Liability of a retiring partner: A retiring partner is liable for the acts of the firm done before his retirement. But a retiring partner may not be liable for the debts incurred before his retirement if an agreement is reached between the third parties and the remaining partners of the firm discharging the retiring partner from all liabilities. After retirement the retiring partner shall be liable unless a public notice of his retirement is given. No such notice is required in case of retirement of a sleeping or dormant partner. There are various types of partners in a partnership firm. They are as follows: Active Partner: Partner who takes an active part in the management of the business is called active partner. He may also be called 'actual' or 'ostensible' partner. He is an agent of the other partners in the ordinary course of business of the firm and considered a full fledged partner in the real sense of the term. Sleeping or Dormant Partner: A sleeping or dormant partner is one who does not take any active part in the management of the business. He contributes capital and shares the profits which is usually less than that of the active partners. He is liable for all the de of the firm but his relationship with the firm is not disclosed to the general public. Nominal Partner: A partner who simply lends his name to the firm is called nominal partner. He neither contributes any capital nor shares in the profits or take part the management of the business. But he is liable to third parties like other partners. A nominal partner must be distinguished from the sleeping partner. While the nominal partner is known to the outsiders and does not share in the profits, the sleeping partner shares in the profit a his relationship is kept secret. Partner in Profits: A partner who shares in the profits only without being liable of the losses is known as partner in profits. He does not take part in the management of the business but he is liable to third parties for all the debts of the firm. Sub-partner:

When a stranger shares the profits derived from the firm by a partner he is regarded as a sub-partner. A sub-partner is in no way connected with the firm or he not a partner of the firm. He is simply a partners' partner. Therefore, he has no rights again the firm nor he is liable for the debts of the firm. He only shares profits from a partner. Partner by Estoppel or Holding out: When a partner is not a partner but represent to the outside world that he is a partner in a firm, he is stopped or prevented from denying the truth. He is considered as a partner in the eyes of law. Similarly, if a person is declared i be a partner by a partner of a firm and such person remained silent without denying it, he also considered a partner by holding out. Thus, such persons are liable to outsiders i partners on the principle of estoppel or holding out because on faith of their representation action outsiders have granted credit to the firm. Minor Partner: Partnership arises from contract and a minor is not competent to enter into contract. Therefore, strictly speaking, a minor cannot be a full-fledged partners. But with the consent of all the partners he can be admitted into partnership for benefits only. He is not personally liable to third parties for the debts of the firm, on attaining majority, if he continues as a partner, his liability will become unlimited with effect from the date of hi original admission into the firm.