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Fixed Shop Retailers: Definition, Types and Characteristics
Fixed shop retailers are business persons selling goods from a fixed location. Unlike itinerant traders who always move from place…
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What Is Meant by Share Market? Definition, Types & Functions
What is meant by share market? It is a marketplace where people buy and sell shares of companies. The share…
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Merits of Government Company: Role, Features and Importance
A government company is a business unit owned and controlled by the government. It has at least 51% of its…
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Hindu Undivided Family Act: Definition, Rules, Members & More
The Hindu Undivided Family Act regulates the formation, structure, and taxation of Hindu families that act as a joint family…
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Advantages of Departmental Accounting: Cost Analysis, Budgeting & More
The advantage of departmental accounting is that a business can keep tracking and reporting how its different departments are performing…