Types of credit are classified on different basis according to their use on the basis of credit’s maturity and the nature of the debtor.
Search Results for: Negotiable or Non-Negotiable
7 – Qualities of an Auditor You Must Know
Any company that wishes to implement a Food Safety, Quality Management System, among others; it must go through periodic evaluation processes or internal and external audits, in order to be able to certify with authorized bodies. The auditor, internal or external, must have certain qualities that seek continuous improvement and that are very useful for […]
7 – Questions to Know If You Manage Your Projects in Collaborative Mode
Collaborative Mode in project Management:- To be successful in a complex and ever-changing environment as we know it, the key to success is seamless collaboration within the team and the use of appropriate tools. The time when everyone was working in his corner is over. Nevertheless, this modern approach is a break with a habit […]
Letters of Credit and Credit Instruments
Letters of credit are issued by the bank to his customers specially the businessman to provide facilities in the business transaction in different places. There can be personal letters of credit and commercial letters of credit. Commercial letter of credit is used in foreign trade when one exporter wants to get the value of his […]