Basics 2 min read
RISK ANALYSIS
We now turn away from general ideas to detailed comments on risk assessment. However, we are faced with the immediate…
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Business Law 1 min read
Meaning of Memorandum of Association
The Memorandum of Association is considered as the constitution of a company. It provides the foundation to the structure or…
Business Law 1 min read
Memorandum of Association Concepts
The memorandum of association of a company is a document that governs the relationship of a company with the outside…
Business Law 2 min read
Private Company and Public Company
● The director of a private company may not be specifically qualified. A private company may have only one director who…
Business Law 1 min read
Formation of a Company
The following things are required for the formation of a company. ● Promoters are required. ● Objectives of the promoters must be…
Basics 2 min read
Ways of Specifying Risk
The way in which risk is specified is important, both for communicating it to others and also for thinking about…
Business Law 1 min read
Liabilities & Rights of Promoters
A promoter of a company cannot be considered as an agent of the company as the company is not in…
Business Law 2 min read
A Sole Proprietorship
A sole proprietorship can be considered as a single person business. It Small scale enterprises are generally owned and operated…
Business Law 2 min read
Trusts
A trust appears to be a complicated concept, not easily understood as a close corporation or a company. A trust…
Basics 4 min read
Kinds of Risk
A number of different types of risk can be distinguished.” We will consider four: individually perceived risk, collectively perceived risk,…
Business Law 1 min read
Partnership
A partnership is considered to be a formal relationship between a minimum of two and a maximum of twenty members…
Basics 3 min read
Consequences
That part of risk we have called ‘consequences’ does not have the philosophical problems associated with probability. There are, however,…
