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Commerce

Features of sole proprietorship

Sole proprietorship could be defined as the business organization both owned and controlled by a man. The owner is called […]

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Commerce

Terms used in trade

SPECIAL TRADE TERMS AND MEANS OF PAYMENT TERMS OF QUOTING PRICE. CIF (Cost, Insurance and Freight): A price quoted CIF […]

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Commerce

Buying and selling documents

Documents used in buying and selling of goods. When business transactions occur, certain documents are drawn up and passed from […]

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Commerce

Commodity exchange

This is a formal market where regulated and standardized raw materials or primary commodities are bought and sold. It is […]

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Commerce

Co-operative society and it’s feature

A cooperative society is any group found by individuals with common interest who contribute money in form of capital to […]

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Commerce

What to know about Limited liability company and it’s feature

A company is an artificial person which is recognized in law as a separate legal entity. It is also referred […]

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Commerce

What Public enterprise means

Meaning: These are special organization set up by the government Through the act of parliament, managed and controlled by the […]

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Commerce

Transportation documents

Documents involved in Transportation Air waybill, bill of lading, carrier’s certificate, etc., that serves as an evidence of acceptance and […]

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Commerce

How to define transportation and the types of transportation

Transportation is the movement of people, animals and goods from one location to another. Modes of transport include air, rail, […]

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Commerce

Consumer protection and the meaning

Meaning of Consumer Protection Consumer protection is a group of laws and organizations designed to ensure the rights of consumers, […]