Coal is a fossil fuel just like oil and natural gas. Whereas oil and natural gas come from the rests …
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Responsibilities & Duties of Employee [ Employer Rights ]
The responsibility of an employee to a business or employer is as important as business itself. Like …
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Difference Between Trust & Holding Company
Holding Company and Trust are two main types of limited partnership and joint stock company. The …
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Types of Life Assurance Policy
Whole Life Policy This policy covers the whole life of the insured person. The assured amount is payable only after the death of such comparatively …
Common Terminologies Used in Insurance
Re-Insurance The insurance company gets a part of the risk insurance with another insurance company. In order to avoid heavy financial loss, this …
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Things Making Valid Marine Insurance Contract
Marine Insurance is the oldest known type. It is a contract of indemnity in which the underwriter agrees to compensate the insured against specified …
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Types of Letter of Credit
International trade involves numerous factors such as payment for imports in the exporter’s country; shipment of goods within the limitations prescribed and difficulties of enforcing legal rights in the foreign country etc. Therefore, to overcome these hurdles, a system has been enforced; this system is represented by ‘Letter of Credit”. The …
Classification of Wages
“The wage is a sum of money paid under contract by an employer to a worker in exchange of services rendered by the worker” Benham Anyhow, more comprehensively, “A wage is the remuneration paid to labour in return of services rendered either under contract or independently.” Classification of Wages The rewards of labour can be classified …
Objectives of Advertising
Advertising is a technique of influencing the mind of the public to buy the goods advertised. Some writers say, “it is a printed Salesmanship by which the goods are made popular.” Anyhow it is an effective and economical way of establishing contact with customers. It greatly helps to change social attitudes in order to sell products never sold …
Difference between Partnership and Company
Sole proprietorship, Partnering business, Public and Private limited are few forms of business …
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Characteristics of Developing Countries
A country where the average income of people is much lower than that of developed countries, the …
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Circular Flow of National Income
The movement of national income from households to firms and from firms to households in a circular …
Top 10 Largest Silk Producing Countries in World – [ Production Ranking ]
Production of various types of silk depends upon the amount of availability of mulberry tree leaves, …
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Five Principles Of Effective Communication To Be Best In Written & Oral
As planning is highly valuable in any successful venture of one’s life, it is equally an essential …
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Difference between Selling and Salesmanship
If you ask Difference between Salesmanship and Selling, most of them will be unable to distinguish …
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Advantages of Debit Card [Debit VS Credit Card]
Despite making a payment by cash, a debit card is used to pay for any type of goods, one buys. The most used banking product has other names like the plastic card and check card. At the time of any …
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Apply Goodyear Credit Card – Login, Benefits & Application Process
Goodyear Credit Card is Citi Bank service designed especially for Goodyear clients to provide special discount features and promotional benefits to cardholders only. This card helps consumers to …
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How Cheque Clearing Process Works in Banks in Pakistan
The word Clearing has been derived from the word “CLEAR” and is defined as “a system by which banks exchange Cheques and other Negotiable instrument drawn on each other within a specified area and …
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