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Acceptance in Contract Law: Definition, Rules & Legal Importance
Contract acceptance is a basic yet crucial concept that makes an offer subject to acceptance by the other party and…
Posted inStudy Material
Importance of Industrial Relations: Role, Benefits, and Growth
As globalisation, automation, and hybrid work grow, we need a strong industrial relations framework. This will help us adapt to…
Posted inStudy Material
Classification of Cost: Importance, Types & Practical Examples
Cost categorization is critical to financial planning, strategic pricing, and resource allocation. It offers a systematic method of grouping expenses…
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Theory of Cost: Modern & Traditional Methods
Cost theory, being one of the prime concepts in both economics and finance, is the analysis of how costs vary…
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Functions of Central Bank: Key Roles, Tools, Powers and Features
The central bank is the highest monetary institution in national borders that controls money, regulates credit, monitors the financial system,…