COMMERCE | DON STEVE BLOG
March 28, 2024

COMMERCE

CONSUMER PROTECTION

CONSUMER PROTECTION

A consumer is an individual who makes the final use of goods and services provided by a firm. Therefore, consumer protection can be defined as the various ways and methods ...
INTRODUCTION TO BUSINESS MANAGEMENT

INTRODUCTION TO BUSINESS MANAGEMENT

MEANING OF BUSINESS Business can be defined as the sum total of all economic activities which people engage in to create, procure or provide desired goods and services to the ...
PUBLIC RELATIONS AND CUSTOMER SERVICES

PUBLIC RELATIONS AND CUSTOMER SERVICES

MEANING OF PUBLIC RELATIONS The British Institute of Public Relations defines public relations as: "a planned and sustained effort to establish and maintain mutual understanding between an organisation and the ...
MEANING OF ADVERTISING

MEANING OF ADVERTISING

Advertising can be defined as any paid form of non-personal communication which is directed to the customers or target audience through various media in order to present and promote products, ...
CONTRACT OF EMPLOYMENT AND GOVERNMENT REGULATION OF BUSINESS

CONTRACT OF EMPLOYMENT AND GOVERNMENT REGULATION OF BUSINESS

THE EMPLOYER The employer is somebody or an institution that hires or provides work for another person called, employee for an agreed remuneration. The employer can hire anybody he pleases ...
NEGOTIABLE INSTRUMENT

NEGOTIABLE INSTRUMENT

DEFINITION OF NEGOTIABLE INSTRUMENT A negotiable instrument is a document evidencing an obligation which is transferable by mere delivery or by delivery and endorsement. Such delivery, operating to transfer all ...
CONTRACT OF SALE OF GOODS

CONTRACT OF SALE OF GOODS

DEFINITION OF SALE OF GOODS The Sale of Goods Act 1893 defines sale of goods as: " A contract whereby the seller transfers or agrees to transfer the property in ...
LAW OF AGENCY

LAW OF AGENCY

DEFINITION OF AGENCY An agency can be defined as a legal relationship that exist between two parties, when one called the agent is employed by another called the principal to ...
LAW OF CONTRACT

LAW OF CONTRACT

DEFINITION OF CONTRACT A contract can be defined as: "An agreement between two or more parties which is intended by them to have legal backing." It can also be defined ...
TRADE ASSOCIATIONS AND OTHER ENTERPRISES

TRADE ASSOCIATIONS AND OTHER ENTERPRISES

MEANING OF TRADE ASSOCIATION Trade association is an association of traders or producers engaged in the same line of trade, whose major aim is to protect and safeguard the interest ...