Inorganic formation
Some methane may have been produced by inorganic processes. The original source of Earth’s carbon was the cosmic debris from which the planet formed. If meteorites are representative of this debris, the carbon could…
Origin Of Natural Gas
Natural gas is more ubiquitous than oil. It is derived from both land plants and aquatic organic matter and is generated above, throughout, and below the oil window. Thus, all source rocks have the potential…
Close Corporation
A close corporation can be considered analogous to a ‘younger brother’ of the company. It is way simpler and quicker to manage and maintain. ● Annual income tax returns are required.…
Analysis of binary distillation by Ponchon-Savarit Method
The method is concerned with the graphical analysis of calculating the theoretical stages by enthalpy balance required for desired separation by distillation process (Hines and Maddox, 1984). In this method,…
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. According to section 38 of the Companies Act, no company…
MOTION OF BUBBLES AND DROPS
The drag force acting on a gas bubble or a liquid droplet will not, in general, be the same as that acting on a rigid particle of the same shape…
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 of justice. Hence, the company is considered separate from its…
What is a 501(c) organization?
Non-profit corporations are often referred to as 501(c) organizations, because section 501(c) of the Internal Revenue Code is what grants non-profit corporations their tax-free status. Most states allow for the…
Analysis of binary distillation in tray towers:
McCabeThiele Method McCabe and Thiele (1925) developed a graphical method to determine the theoretical number of stages required to effect the separation of a binary mixture (McCabe and Smith, 1976).…
Business Law – Factories Act
The Factories act was incorporated in 1948. The main objective of the Factories Act is to regulate the conditions of work in manufacturing establishments coming within a factory. This act…
