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…
THE ARCHIVES
Author: Prabhu TL.
Prabhu TL is a SenseCentral contributor covering digital products, entrepreneurship, and scalable online business systems. He focuses on turning ideas into repeatable processes—validation, positioning, marketing, and execution. His writing is known for simple frameworks, clear checklists, and real-world examples. When he’s not writing, he’s usually building new digital assets and experimenting with growth channels.
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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…
Business Law 1 min read
Close Corporation
A close corporation can be considered analogous to a ‘younger brother’ of the company. It is way simpler and quicker…
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,…
Business Law 2 min read
Conversion from a Private Company to a Close Company
Various difficulties may arise for a buyer when he tries to obtain a mortgage bond for paying the purchase price.…
Business Law 1 min read
Duties of Separate Legal Existence
A company, after being incorporated, is considered as a separate person in the eyes of the law and the court…
Basics 4 min read
RISK ASSESSMENT
In an informal sense risk analysis has been used throughout the history of mankind. Risk is always associated with decision.…