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Perpetual Succession Company is a legal entity separate of its owners or members. It can be brought to an end only by law as it is created by the law. It will only cease to exist when a specific procedure for its closure, called winding up, is completed. Members may come and go, but the company continues to exist through consecutive succession of old members by new members on a continuous basis. We can say that ‘perpetual succession’ implies permanent existence which is not affected by death, retirement insolvency of members.

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Name the types of economic activities

Posted by Youg Jain 4 years, 9 months ago

CBSE > Class 11 > Business Studies

3 answers

Ashu Garg 4 years, 9 months ago

Business professiona amd employment

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Armandeep Singh 4 years, 9 months ago

Economic activities are of three types:- Employment Profession Business

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Youg Jain 4 years, 9 months ago

Primary,secondary,teratairy

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import and export procedure

Posted by Nitin Sharma 4 years, 9 months ago

CBSE > Class 11 > Business Studies

1 answers

Mansi Kulshreshtha 4 years, 9 months ago

Export procedure 1) receipt of enquiry 2) receipt of order/indent 3) assuring credit worthiness of the buyer 4) obtaining the import export license 5) pre shipment finance 6) production and procurement of goods 7) pre shipment inspection 8) excise clearance 9) obtaining certificate of origin 10) reservation of shipping space 11) packing and forwarding of goods 12) insurance of goods 13) customs clearance 14) obtaining mate's receipt 14) receipt of payment freight and issuance of bill of lading 16) preparation of invoice 17) securing payment IMPORT PROCEDURE 1) trade enquiry 2) obtaing import license 3) obtaining foreign exchange 4) placing order/indent 5) obtaining letter of credit 6) arranging for finance 7) receipt of shipmemt advice 8) retirement of import documents 9) arrival of goods 10) customs clearance and release of goods

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What is prospectus?

Posted by Nelson D'Sa 4 years, 9 months ago

CBSE > Class 11 > Business Studies

2 answers

Ashu Garg 4 years, 9 months ago

In which all tje rules and works are mentioned about one company it is a detailed document of a company

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Divyansh Monga 4 years, 9 months ago

It is a document in which all the information about the company is written and every about the shares which company will be issueing to genral public and capital subscription , minimum subscription is written to attract the genral public for issueing shares

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business organisation

Posted by Roshan Gaming 4 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Gaytri Jaiswal 4 years, 9 months ago

What question

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Term insured,insurer happening of event

Posted by Trishit Deb 4 years, 10 months ago

CBSE > Class 11 > Business Studies

2 answers

Armandeep Singh 4 years, 9 months ago

'Insured' is one who takes insurance of his/her goods. 'Insurer' is one who promise to compesate the loss made to the insured. 'Happening of the event' is the subject matter of insurance say, insurance against fire against vehicle.

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Harish Kumar 4 years, 9 months ago

Insurance

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What is information about bank balance and some latest transaction called?

Posted by Chander Garg 4 years, 10 months ago

CBSE > Class 11 > Business Studies

0 answers

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What is Debit cards

Posted by G Prasad Rajwade 4 years, 10 months ago

CBSE > Class 11 > Business Studies

2 answers

Armandeep Singh 4 years, 9 months ago

Debit card is a card which contains debit balances.

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Harish Kumar 4 years, 9 months ago

Cards with debit

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What is intectuall property rights..? Koi pdf hi bhejdena meko agar possible ho toh

Posted by Aarju Khan 4 years, 10 months ago

CBSE > Class 11 > Business Studies

3 answers

Sanyam Ganotra 4 years, 10 months ago

IPR- Intellectual property rights are reffered to as legal rights that are conferred on human property such as painting art etc.

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Siddhartha Jain 4 years, 10 months ago

Or we can say it is a property of a person as is creater by human intellect

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Siddhartha Jain 4 years, 10 months ago

It refers to any original creation of the human intellect such as artistic,literacy,technical or scientific creations

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What are the steps taken by government of India for startup India scheme

Posted by Bablu Choudhary 4 years, 10 months ago

CBSE > Class 11 > Business Studies

0 answers

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what is single pantership

Posted by Rohit Sharma 4 years, 10 months ago

CBSE > Class 11 > Business Studies

2 answers

Armandeep Singh 4 years, 9 months ago

Sole proprietorship is a single partnership. Controlled by single person. Capital is contributed by single person only.risk is beared by singĺe person.

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Rajat Sharma 4 years, 10 months ago

A single partner is also known as sole proprietorship is a business owned, managed and controlled by an individual

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What is pre-shipment finance

Posted by Samarth Dongale?? 4 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 4 years, 10 months ago

It is also referred to as packing credit. It is working capital finance provided by Commercial banks to the exporter prior to the shipment of goods. It provides the exporters with working capital between the time of the receipt of order and the time of shipment to arrange for production or procurement of goods.

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Problems of international business

Posted by Sharim Khan 4 years, 10 months ago

CBSE > Class 11 > Business Studies

2 answers

Ashu Garg 4 years, 9 months ago

More capital needed More formalities Wider managerial skills More risk Advance technology More investment in raw materials More procedures gor setting up

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Armandeep Singh 4 years, 9 months ago

Lot of procedures are to be followed. A lot of documents have to be collected. A lot of finance is needed

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Why is export promotion necessary?

Posted by Ravindra Kumar Pandey 4 years, 10 months ago

CBSE > Class 11 > Business Studies

0 answers

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Types of inter corporate deposits

Posted by Divyansh Monga 4 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 4 years, 10 months ago

Types of Inter-corporate Deposit (ICD)
(i) Call Deposits It is a deposit which can be withdrawn by the lender. The annual interest rate is 10%.
(ii) Three Months Deposit It is used to tackle short-term needs of funds such as payment of tax, payment of dividend, etc. The annual interest rate is around 12 %.
(iii) Six Months Deposit It is usually made with first class borrowers. The annual interest rate is around 15%.

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What is different between international business and domestic business

Posted by Sourav Chowdhary 4 years, 10 months ago

CBSE > Class 11 > Business Studies

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Define services and goods.

Posted by Venkat Venkat 4 years, 10 months ago

CBSE > Class 11 > Business Studies

3 answers

Ashu Garg 4 years, 9 months ago

Goods are inventory but service are not Goods don't need any involvement of customer but service need involvement for providing them with service

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Reema Sharma 4 years, 9 months ago

Services are intangible..for example.watching movie in cinema. Goods are tangible..for example.CD or DVD ? of the movie..

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Rajat Sharma 4 years, 10 months ago

Services and goods anre the stock which we sale to maximize the profit

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Is formation of a company in syllabus

Posted by Ashirvad Handa 4 years, 10 months ago

CBSE > Class 11 > Business Studies

2 answers

Ashu Garg 4 years, 9 months ago

Yes

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Meenu Lotey 4 years, 10 months ago

Yea it is there..combined with chapter 2 forms of business organisation

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Write about the classification of sources of finance

Posted by Harsh Pal 4 years, 10 months ago

CBSE > Class 11 > Business Studies

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Which of the following Organization are owned by the government

Posted by Harsh Pal 4 years, 10 months ago

CBSE > Class 11 > Business Studies

3 answers

Ashu Garg 4 years, 9 months ago

Post department , railways and defence department

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Rajat Sharma 4 years, 10 months ago

Government hospitals ,schools etc

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Animesh Tiwari 4 years, 10 months ago

Railway government school

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what is small business in rural india

Posted by Ramesh Kasana 4 years, 7 months ago

CBSE > Class 11 > Business Studies

1 answers

Jadeja Jaydeepsinh 4 years, 10 months ago

Small business is the way who gives the emplyment in rural india and it is low budget investment 10 crore.

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The business studies book the ch no.7-formation of a company cut or not in the ncert book

Posted by Tushar Deshwal 4 years, 10 months ago

CBSE > Class 11 > Business Studies

2 answers

Ashu Garg 4 years, 9 months ago

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Rajat Sharma 4 years, 10 months ago

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wholesale market apple

Posted by Mohir Cool 4 years, 10 months ago

CBSE > Class 11 > Business Studies

0 answers

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Rainbow Limited USA acquire another company Milk Food Limited of India by investing hundred percent of in its equity what will Milk Food Limited be called

Posted by Amit Pandey 4 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Ashu Garg 4 years, 9 months ago

Rainbow ltd. USA

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In which of the following modes of entry does the domestic manufacturer give the right to use intellectual property suggest patent and Trademark to the manufacture in a foreign country for free

Posted by Haha Hehe 4 years, 10 months ago

CBSE > Class 11 > Business Studies

0 answers

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File project on sources of business finance

Posted by Anantika . 4 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Rohit Jindal 4 years, 10 months ago

Why finance is needed

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What are the four features of b.p. o

Posted by Deepak Sharma 4 years, 10 months ago

CBSE > Class 11 > Business Studies

0 answers

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Quation papers of business

Posted by Maheshlaksmi Laksmi 4 years, 10 months ago

CBSE > Class 11 > Business Studies

0 answers

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Name the stages in the formation of a company

Posted by Surbhi Singh 4 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 4 years, 10 months ago

The stages of formation of a company are as follows-

1. Promotion is the first stage in the formation of a company. It involves conceiving a business idea and taking an initiative to form a company so that practical shape can be given to exploiting the available business opportunity. The promoter is said to be the one who undertakes to form a company about a given project and to set it going and who takes the necessary steps to accomplish that purpose.

Steps in Promotion

i. Approval of the company's name is taken from the Registrar of

Companies

ii. Signatories to the Memorandum of Association are fixed

iii. Certain professionals are appropriated to assist the promoters

iv. Documents necessary for registration are prepared

Necessary Documents

a. Memorandum of Association

b. Articles of Association

c. Consent of proposed directors

d. The agreement, if any, with proposed managing or whole-time director

e. Statutory declaration

2. After completing the aforesaid formalities, an application is made by promoters to the Registrar of Companies along with necessary documents and registration fee. The Registrar, then scrutiny the documents and issue certificate of incorporation. The certificate of incorporation is conclusive evidence of the legal existence of the company.

3. Capital Subscription A public company can raise the required funds from the public using the issue of securities (shares and debentures etc.). For doing the same, it needs to take the following steps for fundraising:

(i) SEBI approval;

(ii) File a copy of the prospectus with the Registrar of Companies;

(iii) Appointment of brokers, bankers and underwriters etc.

(iv) Ensure that minimum subscription is received;

(v) Application for listing of company’s securities;

(vi) Refund/adjust excess application money received;

(vii) Issue allotment letters to successful applicants; and

(viii) File return of allotment with the Registrar of Companies (ROC).

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