Life assurance may be defined.A contract in which insurer agrees to pay a specified sum on the happening of a particular event. .A contract whereby the amount insured become payable after the consideration of the premium either at death … [Read more...] about Principles of Life Insurance Policy
16 Major Difference between Public and Private Finance
The term “finance” is associated with revenue and expenditure. Public finance is a branch of economics that deals with the government’s revenue and expenditures of an economy. If it is related to the private sector, it is called private … [Read more...] about 16 Major Difference between Public and Private Finance
Cause of the Growth of the State Business Ownership
It involves all those businesses, trade, and industrial activities which are carried on under the ownership and management of the government. It is desired by every Govt. for the purposes of safeguarding the public interest. It is regarded most … [Read more...] about Cause of the Growth of the State Business Ownership
Top 5 Cash Back Credit Cards for Groceries
Whether you’re a married woman shopping to feed your family of 5 at home or you’re a working lady struggling through your 9 to 5 job and having only enough energy to grab packets of ready to cook food on your way home, we all spend a huge amount … [Read more...] about Top 5 Cash Back Credit Cards for Groceries
3 Major Types of Resolutions in a Company
Resolutions are communications embodying the views or intentions concerning some important matter. They are not addressed to anyone in particular and are drafted in the third person. A company resolution may be defined by Pitfield, as “a formal … [Read more...] about 3 Major Types of Resolutions in a Company
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 perils in consideration of a certain premium. Some writers define marine insurance. “It is a contract … [Read more...] about Things Making Valid Marine Insurance Contract
What is Social Security Benefits to Employees
Social Security ordinance was introduced May 1965 for the objective of providing benefits to certain employees or their dependents in the cases of sickness, maternity, employment injury or death, and for matters ancillary theretoThe different … [Read more...] about What is Social Security Benefits to Employees
Essentials of Valid Contract
A contract is an agreement between two or more persons to do or not to do some particular thing, such agreement being enforceable at law. According to section 2 (h) 1872 contract act, It is an agreement enforceable by lawTherefore, is an … [Read more...] about Essentials of Valid Contract
TSB Launched Fraud Refund Guarantee – A Step Towards Consumer Security
New Blast in UK bankingTSB has launched its Fraud Refund GuaranteeOn 14th April TSB has announced its Fraud Refund Guarantee. Indeed, it is the first time in UK Banking history. In the past, some banks refused to refund the scammed money … [Read more...] about TSB Launched Fraud Refund Guarantee – A Step Towards Consumer Security
Principles of Cooperative Organization
A cooperative undertaking or organization is a voluntary association of individuals for the common interest of its members. It is formed for conducting some business activities. It is a protective device used by the economically weak persons of the … [Read more...] about Principles of Cooperative Organization