Module I notes Principles and Practice of Selling Principles and Practice of Marketing Economics Entrepreneurship Education Business Communication Life skills Information and Information Technology Module II notes Sales Management Legal Aspects in Sales and Marketing Principles And Practice of Management Read More …
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Globalisation and Management
Introduction The term globalization derives from the word globalize, which refers to the emergence of an international network of economic systems Agenor, (2004). Cowan (2002) noted that Globalization id been used in its economic sense as early as 1981 and Read More …
KNEC Business Finance notes
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KNEC Business Finance notes
TOPICS COVERED IN KNEC BUSINESS FINANCE SUBJECT TOPIC 1: FORMS OF BUSINESS ORGANIZATION Sole proprietorship Partnership Cooperatives Companies TOPIC 2: NATURE OF BUSINESS FINANCE Importance Relationship with other disciplines TOPIC 3: SHORT TERM BUSINESS FINANCE Different sources of short-term finance Read More …
Business Finance: Medium -term Business Finance
TOPIC FOUR Medium -term Business Finance Debt Finance Debt finance is a fixed return finance as the cost (interest) is fixed on the par value (face value of debt). It is ideal to use if there’s a Read More …
Business finance: sources of business finance: short-term business finance
TOPIC THREE SOURCES OF BUSINESS FINANCE: SHORT-TERM BUSINESS FINANCE There is a large and continuing demand for finance in commerce and industry fields. The funds are needed for;- 1. Investing in new fixed assets e.g. Plant, machinery etc. To expand Read More …
Business Finance: Forms of Business Organisations
BUSINESS FINANCE NOTES TOPIC ONE FORMS OF BUSINESS ORGANISATIONS Business – is an organization established by a person or a group of persons to produce goods or services in order to earn profit. Factors to consider when establishing a new Read More …
Business Finance: Nature of Business Finance notes
Nature of Business Finance Meaning of business finance Nature and scope Importance of business finance Relationship with other disciplines BUSINESS FINANCE NOTES TOPIC NATURE OF BUSINESS FINANCE Definition These are activities which have to do with the provision and management Read More …
Outline the ways in which a contract may be discharged. Illustrate each mode of discharge by decided cases or examples.
A contract may be discharged in the following way: By Performance. If both parties to the contract perform their obligations the contract is discharged. If only one party performs his obligation then he is discharged from any further obligations and Read More …
A enters into a contract with B for buying B’s motor car as agent of C with- , out C’s authority B repudiates the contract before C comes to know of it. C subsequently ratifies the contract and sues to enforce it. Is there a binding contract?
Ratification is retrospective, that is, the agency is taken to have come into effect from the moment the agent first acted, and not from the date of the principal’s ratification. This rule was illustrated by the decision in Bolton Partners Read More …