293 ViewsTHE ELECTRONIC COMPUTER  Characteristics of a Computer Speed – high speed of operation Storage – Large storage volume 3. …

281 ViewsINTRODUCTION TO DATA PROCESSING  Data Processing is the process of producing meaningful information from raw data.  It describes the…

217 ViewsGOVERNMENT REGULATION OF BUSINESS  This refers to the various ways by which government controls the activities of business organization…

184 ViewsEMPLOYER / EMPLOYEE RELATIONSHIP  DUTIES OF THE EMPLOYER To pay wages – i.e. enumeration To provide work which the…

166 ViewsDUTIES AND RIGHTS OF PARTIES OF THE CONTRACT  Sellers owe the duty, subject to the express terms of the…

180 ViewsSALE OF GOOD ACT / HIRE PURCHASE ACT  SALE OF GOODS A contract of sale of goods is a…

188 ViewsTYPES OF AGENCY  TYPES OF AGENTS An agent could belong to one of the following classification: Universal Agent –…

260 ViewsAGENCY   Agency is the relationship which arises whenever one person (the agent) acts on behalf of another person (the…

191 ViewsTYPES OF CONTRACT  Formal and Informal Contract Formal contract are normally written contracts. They are usually effected by affixing…

193 ViewsCONTRACT  Definition of Contract  A Contract is an agreement between two or more parties which creates legal rights and…