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Monthly Archives: October 2020

Definition, functions, and the importance of Business Law

What is business law ? Business law refers a set of law governing the following – RightsRelationsConduct of personsCompaniesOrganizationsAnd businesses. Business law is the practice of law relating to corporations. It means that law relating to the matters which derive directly from the corporation. Thus, it encompasses the formation, funding, …

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List of document used in international trade

There are so many important documents that are widely used in international trade. List of important document for international trade are – Bill of exchange A bill of exchange is a negotiable instrument that carries an unconditional order to pay a specified amount of money. It is an unconditional order …

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Definition, features, and types of Bill of Exchange

A bill of exchange is a negotiable instrument that carries an unconditional order to pay a specified amount of money. It is an unconditional order signed by maker to pay a certain amount to the bearer of the instrument. There are some features of bill of exchange. This is given …

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Why is International trade insurance important??

What is insurance Insurance is a form of risk management by which a company undertakes to provides a guarantee of compensation for specified loss such as damages, illness, accident, death, etc. the company takes these risks in return for the payment of a specified premium. The company or person who …

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