Letter of credit (LC)

Letter of credit (LC)

A letter of credit is a document from a bank guaranteeing that a seller will receive payment in full as long as certain delivery conditions…
Types of Adjustment Letter

Types of Adjustment Letter

Types of Adjustment Letter Adjustment Letter is a reply letter to consumer objection or claim. This letter can take on many different forms. The actual…
The contribution of BSCIC

The contribution of BSCIC

BSCIC provides medium and long term loans to small industries, either directly, or through consortium of commercial banks. BSCIC also provides assistance in all other…
Right Share

Right Share

Right share are the share that are issued by a company for its existing shareholders. The existing shareholders have their right to subscribe to these shares…
Charter Party

Charter Party

Charter party is a written, or partly written and partly printed, contract between a ship-owner and a merchant, by which a ship is let or…
Factors to be considered while drafting Adjustment Letter

Factors to be considered while drafting Adjustment Letter

Factors to be considered while drafting Adjustment Letter An Adjustment Letter is a written response to a claim letter sent by a customer by a…
Alternative Principles to Write Adjustment Letter

Alternative Principles to Write Adjustment Letter

Alternative Principles to Write Adjustment Letter An Adjustment Letter is a written response to a claim letter sent by a customer by a business representative…
The prospectus of a Joint Stock Company

The prospectus of a Joint Stock Company

A joint-stock company is a business entity in which different amount of shares of the company stock can be bought and sold by shareholder. That allows for…
What are the functions of Stock Exchange?

What are the functions of Stock Exchange?

The stock exchange has a great contribution to the formation of an economy. The major functions of stock exchange or SEC are explained under these…
Characteristics of Good Claim Letter

Characteristics of Good Claim Letter

Characteristics of Good Claim Letter Or, Suggestions for Improving the Effectiveness of Claim Letter A claim letter possesses the general qualities of a good commercial…
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