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A Company Limited By Guarantee is a specific type of legal structure used primarily by non-profit organizations, charities, clubs, and associations. Unlike companies limited by shares, where ownership is based on shares held by shareholders, a company limited by guarantee does not have shareholders. Instead, it has members who act as guarantors, agreeing to pay […]

A Company Limited By Shares refers to a type of business entity where the liability of its members (shareholders) is limited to the amount unpaid on their shares. This structure is prevalent in many jurisdictions globally and is often chosen for its clear delineation of ownership and liability. Key Points to Understand 1. Structure and

A Company Seal, also known as a corporate seal or common seal, is a device used by companies to emboss or impress their official documents and contracts. It typically bears the company’s name, registration number, and sometimes its logo or emblem. Key Points to Understand **1. *Purpose of the Company Seal:* **2. *Usage and Application:*

A Company Secretary plays a crucial role in the governance and administration of a company. They are responsible for ensuring that the company complies with legal and regulatory requirements while facilitating effective communication between the board of directors, shareholders, and other stakeholders. Key Responsibilities 1. Corporate Governance Oversight: 2. Communication and Disclosure: 3. Legal and

The Comparative Parity Method is a financial strategy used by companies to determine their advertising and promotional budgets by comparing their spending to those of their competitors. This approach helps businesses ensure that their marketing expenditures are competitive within the industry while maintaining a balanced allocation of resources. Key Aspects and Considerations 1. Budget Allocation

Comparison Advertising involves the practice of directly comparing one product or service to another in advertisements. This marketing strategy aims to highlight the advantages or superiority of the advertised product over its competitors. It often contrasts features, prices, quality, or other attributes to persuade consumers to choose the advertised product. Key Aspects and Considerations 1.

Compensation for Loss of Office refers to financial payments or benefits provided to individuals who cease their employment or directorship in a company involuntarily. This compensation is typically aimed at mitigating the financial impact on the departing individual due to the termination of their employment or directorial role. Key Aspects and Considerations 1. Purpose and

A Compensation Fund refers to a financial pool or reserve set up by organizations or governments to provide financial assistance or compensation to individuals or entities in specific circumstances. These funds typically serve to cover liabilities arising from unforeseen events, risks, or obligations. Key Functions and Purposes 1. Risk Mitigation and Protection: 2. Legal Compliance

The Competition Commission plays a crucial role in regulating markets to ensure fair competition, protect consumer interests, and foster economic efficiency. This regulatory body operates in many countries globally, overseeing competition laws and policies to prevent monopolistic practices and promote a level playing field among businesses. Key Responsibilities and Functions 1. Enforcement of Competition Laws:

Competitive advantage refers to the unique strengths or capabilities that enable a business to outperform its competitors in a particular industry or market segment. It allows a company to create superior value for customers, generate higher profits, and achieve sustainable growth over its rivals. Key Aspects of Competitive Advantage 1. Definition and Types: 2. Sources