8 Difference Between Bill of Exchange and Promissory Note
What is Promissory Note? Section 4 of the Act defines, “A promissory note is an instrument in writing (note being…
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20 June 2023
Bank: Meaning, 7 Types, 5 Principles, Services of Commercial Banks
What is a Bank? A bank is an institution that accepts deposits of money from the public which is withdrawable…
19 June 2023
11 Types of Insurance
Types of Insurance We can categorize types of insurance into three bases of types of insurance: 1. On the Basis…
19 June 2023
20 Characteristics of Insurance
Characteristics of Insurance Insurance is a complex financial product with numerous characteristics that define its nature and operation. Here are…
18 June 2023
Insurance: Meaning, Definition, 5 Characteristics, Nature, Functions, Limitations
What is Insurance? Insurance is a contract whereby one person, called the insurer, undertakes in return for the agreed consideration…
18 June 2023