Types of Business Entity. A business entity is an organization that sells a product or service, usually for making a profit. Different countries have different types of business entities. Most countries have similar types of business entities. … [Read more...] about Types of Business Entity
What Is the Law of Agency with Example?
What Is the Law of Agency with Example? The law of agency is a branch of commercial law. It deals with a set of contractual, quasi-contractual, and non-contractual fiduciary relationships. Also, it involves a person called the agent. The agent is authorized to act on behalf of another (called the principal) to create legal relations with a third party. … [Read more...] about What Is the Law of Agency with Example?
What Are The Sources Of Law?
What Are The Sources Of Law? Author - Associate Aswini Ramesh The term law is very diverse in nature. In today’s world, it is essential to have an effective legal system for the orderly function of social life and the existence of mankind. It is essential for everyone to be aware of the law of the land to avoid any unethical behavior. The term ‘Law’ has been derived from … [Read more...] about What Are The Sources Of Law?
The Rule of law | Explained Definition and Benefits
The Rule of law | Explained Definition and Benefits. The Rule of law. In earlier times certain classes and individuals possessed special privileges and were judged by a special law. The modem view is to apply the same law over all persons in the State and to give all persons equal rights and privileges for the protection of their human liberties. Democracy can remain only in … [Read more...] about The Rule of law | Explained Definition and Benefits
Different Types of Business Taxes
Different Types of Business Taxes. As we know there are various types of business taxes exist. But, based on the form of business, that we operate, will determine what types of taxes we need to pay and how much need to pay. The following are the five general types of business taxes. Types of Business Taxes Income TaxEstimated TaxesSelf-Employment TaxEmployment TaxesExcise … [Read more...] about Different Types of Business Taxes