(Image: Specimen copy of a cheque) Essential characteristics of a cheque If one takes a close look at the definition of a cheque, it becomes clear that a
Disadvantages, demerits and limitations of credit rating in India. Though there are a lot of benefits due to Credit rating, there are still some areas of concerns due
Various aspects are taken into account by a credit rating agency when a borrowing company applies for rating. Following are functions of a typical credit rating agency: (Image:
Hire purchase act of India The Hire Purchase Act was passed in 1972, which is controlling the hire purchase transactions. The hire purchase finance companies come under non
Difference between Hire Purchase and Installment Sale The following are some of the difference between Hire Purchase and Installment Sale (Image: Hire purchase vs Installment Sale) 1. There
Differences between Hire Purchase and Leasing There are a number of differences between hire purchase and leasing. They are given below 1. Transfer of ownership In Hire purchase,
Hire Purchase agreement is an agreement between the purchaser and the seller who owns the goods, where the purchaser agree upon to pay the seller the sum owed
(Image: NSE Building) History of NSE National Stock Exchange (NSE) was promoted as a new stock market in which both securities of companies and debt instruments are traded
Classification of products Products are classified on several bases. Users, types of products, manner of purchasing and life span of goods are some of the important framework for
Need for product levels in marketing In order to give benefits to customers, a marketer articulates the product concept. The product concept defines the whole range of benefits