The concept of “capital” is of fundamental importance for proper understanding and appreciation of the distinction between individual traders and partnerships on the other hand, and incorporated companies on the other hand. Strangely the word […]
To combat financial crimes including money laundering, countries should identify, assess, and understand related risks and take action to ensure that risks are mitigated effectively. Based on the assessment, countries should apply a risk-based approach […]
There are many advantages for incorporation of companies, at the personal and official levels. This includes, inter alia, transferring responsibility from personal to corporate one, ability to borrow more, perpetual, organized and systematic business. But, […]
The main purposes for establishing companies include, inter alia, undertaking trading activities, join forces with others in the same field, perform business away from direct personal responsibility. Another important feature for corporate business, is enabling […]
Every year on 26th June, as directed by the UN, the world celebrates the day for combating drug trafficking. This celebration, denotes the importance of a global and unified stand to combat drug trafficking, one […]
It is a common fact that big and corporate business is now undertaken through loans from banks. Generally speaking, to avail for credit facilities there are certain arrangements to be followed and documents to be […]
At the global level, bonds play an important role in the financial, corporate and banking business. Very often, we see governments and international financial institutions issue bonds whenever there is a need to raise money […]
Permanent questions, to me, related to rights over property are those relating to legal actions, including rights of suing and being sued by others. The difficulties in the way of suing or being sued by […]
Legally, company incorporation with the separation of the business from its members, greatly facilitates the transfer of members interests, this is achieved through an agreement for transferability. But this could be approximately attained since the […]
A company is a “legal person” with juristic entity, established by “natural persons” to perform on their behalf specific objective with certain rights and duties. The proprietor(s) or owner(s) of the company “natural person” is […]
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