Introduction For the purpose of meeting financial obligations, an annuity can be defined as a series of space-out and equal payments, paid by a specific party to another party over an extended time period. When a person deals with annuities, an annuity payment is defined as the amount for each monthly installment paid equally. If […]
Distinct types of functions in mathematics have different qualities that separate them. As a result, knowing what kind of function you’re working on is important. Functions are classed as algebraic or non-algebraic; algebra of differentiable functions and rational functions are classified as algebraic, whereas trigonometric functions are classified as non-algebraic. Continue reading to get a
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Business Mathematics, CAA matrix is a set of numbers that are arranged in rows and columns (e.g., in the spreadsheet). It is used to show groups of data in mathematics or statistics. It is often helpful to solve practical problems. Understanding algebra of matrices can be hard and complex, but it is easier if you understand its
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Business Mathematics, CAWhat is a Voidable Contract? A Voidable contract Meaning is a contract or an agreement that is breakable at the will of any one of the parties. As per section 2 sub-clause (i) of Indian Contract Act 1872, a Voidable Contract is an agreement that can be enforced by the law by one party but
What is a Void Contract? A contract that is legally not enforceable from the moment it is formed can be termed as a Void Contract. It can be nullified for some reasons. Contracts become void for a variety of reasons, including illegal consideration. Both voidable contracts and void contracts are different from one another. However,
What Is A Valid Contract? For the better functioning of all formal business relations, professionalism must be ensured. A Valid Contract is a significant way to protect your business and eliminate legal liability. A valid contract consists of the roles, responsibilities, and expectations of all the parties that are involved in the business. A contract
When you’re starting a business, one of the first things you need to do is figure out what type of share capital you use. There are a few different types of share capital, and each has its benefits and drawbacks. In this article, we’ll see the four most common types of share capital: common stock,
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Business Laws, CAIntroduction: We know that a contract of sale or an agreement to sell is entered into to pass the ownership of goods from the seller to the buyer. In our previous articles, we have discussed all the conditions and warranties attached to a contract of sale or an agreement to sell. With this article, we
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Business Laws, CAWhen you are a business owner, you need to treat your workforce right. Your workforce is one of the most critical assets of your business. Therefore, you need to know how to handle your payroll and pay scale. Most employers are using the pay-for-performance system. It’s a system that uses time as a factor while
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Business Laws, CAWhy is time and pay for performance important? When you are a business owner, you need to treat your workforce right. Your workforce is one of the most critical assets of your business. Therefore, you need to know how to handle your payroll and pay scale. Most employers are using the pay-for-performance system. It’s a
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Business Laws, CA