What do you mean by Joint Stock Company?
Joint Stock Company: A company is an association of persons formed for carrying out business activities and has a legal status independent of its members.…
Business
Define and Describe on Partnership Deed
A partnership is a voluntary association of people who come together for achieving common objectives. In order to enter into the partnership, a clear agreement…
Types of Partnerships on the basis of Liability
Partnerships can be classified on the basis of two factors- duration and liability. On the basis of liability, the two types of partnerships- one ‘with…
Types of Partnerships on the Basis of Duration
Partnerships can be classified on the basis of two factors- duration and liability. On the basis of duration, there can be two types of partnerships:…
Define Partnership Business with its Features
Partnership Business: The inherent disadvantage of the sole proprietorship in financing and managing an expanding business paved the way for partnership as a viable option. Partnership…
Define and Describe on Sole Proprietorship
Sole proprietorship is a popular form of business organization and is the most suitable form for small businesses, especially in their initial years of operation.…
Features of Sole Proprietorship
Features of Sole Proprietorship form of organization are as follows: (i) Formation and closure: Hardly any legal formalities are required to start a sole proprietary…
Functions of World Trade Organization
The major functions of World Trade Organization (WTO) include: Promoting an environment that is encouraging to its member countries to come forward to World Trade…
Benefits of World Trade Organization (WTO)
Since its inception in 1995, World Trade Organization (WTO) has come a long way in constituting the legal and institutional foundation of the present day multilateral…
Describe Objectives of World Trade Organization (WTO)
Objectives of World Trade Organization (WTO) The objectives of World Trade Organization are raising standards of living and incomes, ensuring full employment, expanding production and trade…
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