What are Preference Shares?
Preference Shares are the shares that guarantee the holder a fixed and steady dividend, whose payment takes priority over the equity share dividends. Capital raised… Read More »What are Preference Shares?
Bonds and Debentures
Bonds and debentures are two financial assets that are issued by the borrowing company, for a price that is equal to, less than, or more… Read More »Bonds and Debentures
Difference Between Planning and Controlling
Planning and controlling are two important functions of management. A system of control requires the existence of certain standards. These standards of control which act… Read More »Difference Between Planning and Controlling
Difference Between Wholesale and Retail
Wholesale and retail are two significant components of the distribution process. When a company manufactures any product it is first sold in bulk quantity to… Read More »Difference Between Wholesale and Retail
Types of Intermediaries
Intermediaries are the middlemen between any two parties that are partaking in a transaction. These middlemen act as the bridge between them and help in… Read More »Types of Intermediaries
What is Joint Stock Company?
A joint stock company is an organization that is owned jointly by all its shareholders. Here, all the stakeholders have a specific portion of stock… Read More »What is Joint Stock Company?
Features of Business
Characteristics of Business The following are the characteristics of business 1. An Economic Activity: A business is an economic activity that includes the purchase & sale… Read More »Features of Business
What is Bill of Exchange?
Bill of exchange is similar to checks and promissory notes. They can be drawn by individuals or banks and are generally transferable by endorsements. According… Read More »What is Bill of Exchange?
Proposal or Offer
The whole process of entering into a contract starts with a proposal or an offer made by one party to another. To agree such a… Read More »Proposal or Offer
What is Limited Liability Partnership?
The Limited Liability Partnership Act was passed by the Parliament of India in the year 2008 for governing LLP businesses in the country. Section 2… Read More »What is Limited Liability Partnership?