Fundamental risks, Particular risks, Speculation risks, pure risk, etc Types of Insurance a) General Insurance a) Fire Insurance:Building due to fire.b) Contents Insurance:Contentsc) Comprehensive […]
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Category: Commerce
Free Commerce online learning lesson notes and videos for Secondary school and High school students. The lesson notes, videos and interactive slideshows are built on curriculum that is designed to meet national and international O’ Level standard for Senior High School or Senior Secondary school students (SS1, SS2, SS3 or SHS1, SH2, SH3) and Grade 9, Grade 10, Grade 11 and Grade 12 students.
Free online lesson notes and videos for the following exam preparations: WAEC, JAMB, Cambridge O’Level, NECO, GCE, British IGSCE, KCSCE, United States and Canada High School Exam preparations, etc.
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Insurance is a contract by which one party undertakes to indemnify (restore) another party against loss ,damages or liabilities arising […]
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Consortium
Consortium Short-term arrangement in which several firms (from the same or different industry sectors or countries) pool their financial and […]
https://www.youtube.com/embed/LvFuV7BHvnoTrade association is an association of traders or producers engaged in the same line of trade, whose major aim is […]
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functions of credit for a business
Credit is neither capital nor its creates capital. The credit instruments only represent money and facilitate the business. The importance […]
Credit can be defined as the the ability of a customer to obtain goods or services before payment, based on […]
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What is Turn over
This is the the total net sale during a period of time .It is calculated as the total gross sales […]
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How to calculate Profit
WHAT IS PROFIT? Profit may be defined as the excess of selling price over cost price. In this case, the […]
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What is Capital
ACCOUNTANT, S DEFINITION OF CAPITAL: He defines capital as the monetary value of the excess of business assets over its […]
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The stock exchange market
The stock exchange market is a specialized financial market where existing securities are traded .It is a market for buying […]