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Ideas and explainers from across SenseCentral.

Formation of a Company
Basics 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…

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Basics 2 min read

Boolean algebra and Logic Circuits

In mid 1800, George Boole (1815-1864), an English mathematician, developed algebra for simplifying the representation and manipulation of propositional logic.…

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Basics 1 min read

CONVERSION Numbers

Expressed in decimal number system are much more meaningful to us, than are numbers expressed in any other number system.…

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A Sole Proprietorship
Basics 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…

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Trusts
Basics 2 min read

Trusts

A trust appears to be a complicated concept, not easily understood as a close corporation or a company. A trust…

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Partnership
Basics 1 min read

Partnership

A partnership is considered to be a formal relationship between a minimum of two and a maximum of twenty members…

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Basics 1 min read

POSITIONAL NUMBER SYSTEM

In a positional number system, there are only a few symbols called digits. These symbols represent different values, depending on…

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Close Corporation
Basics 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…

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