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…
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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,…
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…
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.…