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Home » Others » Page 16
process of communication
Posted inBusiness Communication

What is the Process of Communication | Definition & Stages

Communication is a two-way process of exchanging messages between two persons or groups of persons. The participants involved in communication assume the roles of senders and receivers. As senders, participants…
Importance-of-Business-Communication
Posted inBusiness Communication

What is the Importance of Business Communication

Importance of communication in business needs no emphasis. The great developments in trade and commerce over the years have led to a corresponding increase in its importance. Referring to the…
What-is-Business-Communication
Posted inBusiness Communication

What is Business Communication | Forms of Business Communication

The term ‘communication’ has been derived from the Latin word “communis’ that means ‘common.’ Thus communicate’ means ‘to make common’ or ‘to make known.’ This act of making common and…
Definition-of-Agent
Posted inBusiness Law

Definition of Agent | Types of Agents | Personal Liabilities

The agent has been defined under section 182 of the Contract Act 1 872 as follows: “An agent is a person employed to do an act for another or to…
What-is-Contract-of-guarantee
Posted inBusiness Law

Contract of Guarantee | Parties | Modes of Termination

What is Contract of guarantee? According to section 126 of The Contract Act, a contract of guarantee has been defined as follows: “A contract of guarantee is a contract to…
Contract-of-Indemnity
Posted inBusiness Law

Contract of Indemnity | Parties to the Contract

Contract of indemnity is a contract in which one party promise to pay the amount of loss causes by another. A contract of indemnity has been defined under section 124…
Revocation-of-Acceptance
Posted inBusiness Law

Revocation of Acceptance | Communication of Acceptance

What is Revocation of Acceptance? According to section 5 of the Contract Act, an acceptance may be revoked at any time before its communication is as against the acceptor and…
Revocation-of-Proposal
Posted inBusiness Law

What is Revocation of Proposal | Communication of Proposal

The revocation of proposal means the cancellation of the proposal. When the proposal takes back his offer, the proposal is said to be revoked. According to section 5(a) of The…
Essentials-Of-a-Valid-Offer
Posted inBusiness Law

Essentials Of a Valid Offer | Proposal in Business

What are the essentials of a valid offer or proposal? As we know that proposal (offer) is the starting point of a contract. When one wants to enter into a…
What-is-Proposal
Posted inBusiness Law

What is Proposal | Different Types of Proposal

Proposal (offer) is the starting point of a contract. When one wants to enter into a contract, he makes someone proposal to another. Let's see in detail with example what…

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