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31. An Overview of Obligation Discharges
A negotiable instrument creates an obligation between the parties who have signed the instrument. The main
form of obligation is between the primarily liable party and the holder of the
negotiable instrument, but because of the nature of liability, secondarily
liable parties still have some element of obligation linking them to the
negotiable instrument.
In general, eve..
32. An Overview of Special Business Groups
Joint Venture:A joint venture occurs when individuals or businesses combine forces in order to share revenue. Businesses may share intellectual information, funds, market research, and/or products in order to increase their revenue. Joint ventures allow businesses to increase revenue and penetrate markets that they may not be able to reach on their own.Joint ventures are not tr..
33. An Overview of the Chamber of Commerce
Chamber of Commerce BackgroundThe Chamber of Commerce works with businesses to advocate for the business owners and to increase business for local companies. The Chamber will also work with the community in order to foster a closer relationship between the town's residents and the businesses which are located there.Ministry of CommerceA Ministry of Commerce regulates business i..
34. Annuity Calculator
An annuity is a series of payments made to an individual at a predefined interval. The most common form of annuity is the ordinary annuity that pays at the end of said interval. The variables in this annuity are the nominal interest rate, length of the annuity in years, length of each interval and starting principal. Some annuities will not have a starting pri..
35. APR Explained
The abbreviation APR, in terms of finance, refers to an annual percentage rate. The annual percentage rate is the interests that is being charged or implemented on a particular loan. Typically speaking, an APR will usually be included in most large loans, such as in a mortgage home loan and even for motor vehicle loans.An annual percentage rate will prove to be a very important..
36. Are There Business Loans Just For Minorities?
Although the mechanics and characteristics associated with business loans do not waver based on gender, there are some differences that exist for the two sexes through the presence of various government programs. For instance, there are some funding sources that specifically target women entrepreneurs and their presence in business. These various programs are essential resource..
37. Are You in Business Directories?
Tips for Getting in Business DirectoriesWhen you run a business, you need to get the word out about your company. One way that you can do this is through business directories. There are all kinds of business directories out there today. If you are looking for the one that your business fits in, you may find that there are a variety and you may end up requestin..
38. Balance Sheet
The Basics of a Balance SheetA balance sheet is a financial statement of position at a given point in time. It gives a current or snapshot summary of the liabilities and assets of a company, business partnership or sole proprietorship at a given date, for example at the end of a financial year. A balance sheet as three main parts• Assets• Liabilities• Ownership Equit..
39. Best Business Franchise
Best Business FranchiseEvery year Entrepreneur magazine puts out a list of the Best Business Fanchises in the United States. The list of Best Business Franchises to invest in for 2011 has been compiled and the list features many familiar names, mostly encompassing the fast food, convenience store, and hotel industries . Ranked at number one in the Best Business Fran..
40. Better Business Bureau Overview
Better Business Bureau
The Better Business Bureau (BBB) organization was created as a
means of addressing the concerns which can arise over the issue of business
ethics violations. In this regard, people who believe that a company or charity
in their local area is violating the BBB business ethics precepts and cannot
otherwise be appealed to can refer..
41. Better Business Bureau Quick Overview
The Better Business Bureau (BBB) is a corporation which maintains offices in both the United States and Canada and consists of various member organizations which act to provide information on business ethics. In this regard, people can refer to the Better Business Bureau (BBB) offices in their area in order to learn about business groups which have been known to violate busines..
42. Business Idea
Is a Business Idea a Good Idea?In order to build a successful business, it is important that the business idea can create a viable service or product. By figuring out whether one’s business idea is a good idea at the beginning can help create the foundation for this business and then measure its progress.Developing a Business IdeaA new and innovative idea is usually the found..
43. C Corporation
What is a C Corporation?A C Corporation refers to any business entity that, according to the United States Income Tax Law, is taxed separately from its owners. The bulk of large companies (and a number of smaller companies) are treated as C Corporations because of their tax advantages.A business entity can be formed in a variety of ways, ranging from a general partnership to a ..
44. Can Spam Act Text
15 U.S.C. §7701 et seq.Title 15. Commerce and TradeChapter 103. Controlling The Assault of Non-solicited Pornography and MarketingAct of 2003§ 7701. Congressional findings and policy(a) FindingsThe Congress finds the following:(1) Electronic mail has become an extremely important and popular means ofcommunication, relied on by millions of Americans on a daily basis for person..
45. Cancellation or Surrender of a Negotiable Instrument
While payment is the primary method of discharge of obligation for the party holding the obligation, another means of discharge is for the negotiable instrument which is the source of the obligation to be canceled. Under the UCC (Uniform Commercial Code), the holder of a negotiable instrument can cancel the instrument. This holder has to be the party entitled to enforce the ins..