Types of Share Capital
It may be divided into the following types:- Authorized Registered or Nominal Capital This represents the total amount of the…
Government Company: Definition, Features, Advantages, Disadvantages of Government Companies
A government company is a company in which the Government or State Government holds 51% or more of the paid-up…
Limited Partnership: Definition, Advantages, Disadvantages of Limited Partnership
A limited partnership firm formed by general partners and limited partners, where the general partner(s) run the business and have…
Types of Partners in Partnership Business (Rights, Duties, Liabilities of Partners)
In a partnership firm, you can find different types of partners. Some may actively participate in the business while others…
Documents Used in Foreign Trade
In foreign trade, there is no element of the casualness sometimes present in transactions taking place in the local marketplace….
What is Letter of Credit? Types, Characteristics, Importance
A letter of credit is a bank undertaking of payment separate from the sales or other contracts on which it…
Small Business: Characteristics, Strengths, Reasons for Failure in Small Business
Entrepreneurship is exposed in the form of a small venture. Every big business today started as a small business. It…
Business Location Analysis: Definition, Objectives, Factors
Location refers to the choice of region and the selection of a particular site for setting up a business or…
Foreign Trade: Definition, Types of Foreign Trade
Foreign trade is the exchange of capital, goods, and services across international borders or territories. In most countries, it represents…
What is Commercial Policy? Instruments of Commercial Policy
A commercial policy or trade policy is a governmental policy governing trade with other countries. This covers tariffs, trade subsidies,…