Commerce

ChaptersTopics
OrganizationMeaning and Types of Organization
Sole traderMeaning of sole trader, Special features of a sole trader, Merits of a sole trader, Demerits of a sole trader.
PartnershipDefinition of partnership, Special features of partnership, Similarities between sole trader and partnership, Merits and Demerits of Partnership, Types of Partnership, Kinds of Partners, Rights and Duties of partners, Partner’s express and Implied authority, Partnership Deed, Dissolution of partnership, and more.
Companies I and IIDefinitions, Differences between partnership and company, Kinds of companies, public company, private company, Privileges of a private company, Differences between private company and public company, Formation of a company, Memorandum of Association, Articles of Association, Prospectus, Shares, Allotment of shares, DebenturesTypes, Differences between Shares and Debentures.
Stock ExchangeIntroduction, Procedures regarding new Issues, Stock Exchange, Investors and speculatorsDifferences, SEBI, Mutual funds, Bombay Online Trading (BOLT).
Co-operativesDefinition, Merits, and Demerits, Types of Cooperatives, Differences between companies and cooperatives.
Government in BusinessIntroduction, Types, Public Corporation, Government Companies, Differences between the private sector and the public sector.