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Kinds of partners
...Types of Partners The partners of a firm are broadly divided into three main categories. (1) General Partners.(2) Special Partners. (3) Other Partners.(1) General PartnersBasically all the partners of a firm are general partners. General partners we those whose liability is unlimited in the f General partners are of two types (a) Active partner, and (b) Sleeping partner. (a) Active Partner A partn....
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Ignou bed admission 2011
...t only the filled-in application form without enclosures. The enclosures (documents) mentioned in the instructions for filling-in the application form are to be submitted later after receiving the letter of offer for admission to B.Ed. from the university after the entrance test. Hall Ticket will be provided to the candidates before 15 days of the entrance test. Mere allowing candidates to ta....
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Cash in advance loan know about cash loans fast
...Quick loans which are being termed as the cash loan fast or the short term loans has gained immense importance. In case of financial crunch when you cannot get a bank loan or can no more use your credit cards, then bank on the quick loans to fix your financial necessities.
As a matter of fact the cash in advance loan stand as the instant loans and these loans are given in cash which is ideall....
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Merits and demerits of partnership form of organization
...What is partnership?Partnership is an association of two or more individuals (but not more than 20) who agree to share the profits of a lawful business which is managed and carried on either by all or by any, or some of them acting for all. According to Haney, “Partnership is the relation between persons competing to make contract who agree to carry on a lawful business In common with a view of ....
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Types of cheques
...Types of chequesThe cheques are of two types. (i) Open cheques and (ii) crossed cheques.(i) Open Cheques. Open cheques are those cheques which are paid across the counter of the bank. Open cheques may be bearer or order cheques.(a) Bearer cheques. If a drawer orders the bank to pay a stated sum of money to the bearer it is called a bearer cheque. Any person who lawfully possesses a beaker cheque i....
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Bill of exchange sample
...Bill of ExchangeA bill of exchange is playing an important part in the commercial life of the country. The need for it arises where the buyer Purchase goods needs a period of credit before paying it. It is drawn by the creditor and is accepted by the debtor.According to F.W. Muller, a bill of exchange is an unconditional order in writing addressed by one person to another, signed by the person giv....
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Quantity theory of money by irving fisher
...TRANSACT APPROACHIrving Fisher an American economist, put forward the Cash Transaction Approach to the quantity theory of money. He in his book The Purchasing Power of Money (1911) has stated that the value of money in a given period of time depends upon the quant t money in circulation in the economy It is the quantity of money which determines t general price level and the value of money Any cha....
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One man control is best in the world
...What is Meant By One Man Control? One man control or one man business (also called sole proprietorship) is the simplest form of business organization. The description ‘One man business’ or ‘one man control’ is sometimes con as misleading one, as there may be more than one persons working as employees in the business. The essential condition of one man control or one man business is that it....
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Apsrtc recruitment 2010
...In abounding evolving nations, bus adventure is one of the best befitting bargain agencies of transportation. In India, foremost cities, villages, and day-tripper locations as able-bodied as country areas are able-bodied absorbed by drillmaster routes. In Andhra Pradesh alone, which is one of the above states in South India, the accompaniment artery carriage APSRTC has in its agile about 18000+ bu....
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Role of commercial banks in the economic development of a country
...Commercial banks play an important and active role in the economic development of a country. If the banking system in a country is effective’, efficient and disciplined, it brings about a rapid growth in the various sectors of the economy. The economic significance of commercial banks is given in brief.(1) Banks promote capital formation. The commercial banks play an important role in rising of ....
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Sources of bank funds
...SOURCES OF BANK FUNDSA bank is a business firm. Its main aim is to earn profit. In order to achieve this objective it provides services to the customers. It offers a variety of interest bearing obligations to the public. These obligations are the sources of funds for the bank and are shown on the liability side of the balance sheet of a commercial bank. The main sources which supply funds to a ban....
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Importance of money market
...IMPORTANCE OF MONEY MARKETIf the money market is well developed and broad based in a country, it greatly helps in the economic development of a country. The central bank can use its monetary policy effectively and can bring desired changes in the economy for the industrial and commercial progress in the country. The importance of money market is given, in brief, as under:(i) Financing Industry: A ....
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Laptops on finance no deposit for bad creditors
...In these days, laptops have become the necessity than of luxury. For purchasing a laptop, an abundant amount is required. Laptops have acquired an appropriate place among almost all the sectors of industry like business, schools, offices, shopping malls, hospitals, companies, and firms etc. Financing a laptop is much affordable for good creditors but bad creditors have to face slightly complicatio....
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Factors affecting working capital
...The working capital requirements of a business depends upon a number of ‘factors which in brief are as under:-(1) Nature of the business. The working capital requirements of an enterprise basically depends upon the nature of its business and operating cycle of the business. A trading concern, for instance, requires large amount of working capital for investment in stocks, receivables and cash et....
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Remedies of inflation
...REMEDIES OF INFLATIONThe first panacea for a mismanagement nation is inflation of the currency. The second is war. Both bring a permanent ruin. They both are the refuge of political and economic opportunists. (Ernest Hemigway). To avoid political unrest and harmful, social and economic effects on the economy, it is the main objective of every government to take appropriate measures to control infl....
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Payday loans new zealand option for emergency finance
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Payday loans New Zealand are a kind of instant cash which the lenders pay against the borrower's paycheck of the next month. It is clear from the phrase 'Payday loans New Zealand' that this kind of loans are for the citizens of New Zealand only. People of New Zealand, like their counterparts all over the world, have been affected by the global recession. This is one of the reasons for which t....
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Mantri alpyne bangalore apartments
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Mantri developer is about to launch his new up upcoming projects Mantri Alpyne located at Uttarahalli in Bangalore. Exactly located at Banshankari 5th stage Uttarahalli in the field of Silicon Valley the project is ranging in form of 2/3/bhk apartments spread over 970 sq ft to 1250 sq ft area. Set in charming tropical environment.
Mantri Alpyne is offers extra ultra-modern amenities....
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Letter of credit
...Letter Of Credit (L/C) It is a letter of open request by a bank or other financial institution to a prospective borrower, for an agreed amount and for a definite or indefinite period. It enables the borrower to draw a bill of exchange on the bank which is automatically accepted. Letter of credit is an open letter of request by a bank requesting a person to. lend a certain sum of money to the perso....
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5 font style effects to try out for modern business cards
...ood, metal, canvass, rock etc. This is a great effect to use if you are trying to create an interesting creative theme for your custom business cards. Keep in mind though that only text with large letter areas will benefit from this kind of filter.2. Shadow additions – Another good font style effect to try out are shadows. Shadows in a design sense are just dark gray areas that simulate....
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Defamation
...nd slanderous statements both are subject to legal action. Since libellous statements are more permanent, laws about libel are more severe than those about slander. Libellous communication Includes a letter, circular, picture, photograph, recorded tape, cartoon, news paper or phonograph record. Accidental communications to third persons, such as eavesdroppers or unauthorized letter readers, are no....
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