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Dr. D.S. Merchant's Articles in Finance
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People Trade Celebrity Cards, Videotapes or Any Other Attractive Cards?
There are two common types of shares; Ordinary Shares and Preference Shares. Preference shareholders have ’preference’ over ordinary shareholders in relation to the payment of dividends and/or in the event of liquidation. Owners of both ordinary and preference shares has voting rights. For example, if you buy 1000 shares in a company that has issued a total of 100,000 shares, you own one percent of that company.
Graceful Drawing & Engineering Surveying
One of the few repair centers of survey instruments is ‘Graceful Drawing & surveying’. This repair center deals in almost all kinds of survey instruments, for purchase of survey instruments, repairs and also updating in the hardware of the instrument. Having state of the art equipments to quickly diagnose and repair instruments and skillful and experienced working staff to give 100% quality service to not to let down customers’ immediate demands rental rates.
California Lemon Law
Since Lemon Laws vary from state to state so accurate information on the scope and restrictions of Lemon Laws in a particular state can be obtained from an attorney practicing in that state.
In California, anything mechanical is covered by lemon laws as well as the federal lemon laws. The federal lemon law provides that the warranter may be obligated to pay attorney fees if he is involved in a lemon law suit.
History of Stock Exchanges
The courratiers de change were concerned with managing the debts of agricultural communities on behalf of the banks and these men also traded in debts. These men were the first brokers.
In the middle of the 13th century, Venetian bankers traded in government securities. In 1351, the Venetian Government outlawed spreading rumors about lowering the price of government funds. Because of this rumor people in Pisa, Verona, Genoa and Florence also started trading in government securities which was possible because there were independent city states ruled by a council of powerful citizens during the 14th century.
Mobilizing Savings for Investment
When people draw their savings and invest in shares, it leads to a more balanced allotment of resources because funds, which could have been consumed, or kept in idle deposits with banks, are mobilized to promote business activity that benefits several economic sectors like agriculture, commerce and industry, resulting in a stronger economic growth.
Creating Investment Opportunities for Small Investors
The Stock Exchange provides opportunity for small investors like the big investors to own shares of the same or different companies.
History of Trade
Trade originated in prehistoric times. It was the main facility of prehistoric people, who bartered goods and services from each other when modern money was never even thought of. Peter Watson dates the history of long-distance commerce from circa 150,000 years ago.
History of Money
The first instances of money were objects with fundamental value are called commodity money and includes any commonly-available commodity that has intrinsic value; historical examples include rare seashells, whale's teeth, and cattle. In medieval Iraq, bread was used as an early form of money.
Current Money Trends
World Trade Organization negotiations aims to lower barriers to trade around the world, focusing on making trade fairer for developing countries. Talks have been hung over a divide between the rich, developed countries, and the major developing countries. Agricultural subsidies are the most significant issue upon which agreement has been hardest to negotiate. By contrast, there was much agreement on trade facilitation and capacity building.
International organizations of Finance and Trading
European Common Market
GATT = General Agreement on Tariffs and Trade
G8
IMF = International Monetary Fund
OPEC = Organization of the Petroleum Exporting Countries
What is Lemon Law?
A dealer or manufacturer should have made number of attempts to repair the vehicle before being declared as lemon. Usually three or more attempts in row over a short period of time are required for any vehicle to be termed as lemon. Lemon law is also valid to vehicles that have been resold and are still under warranty
Define Lemon Law?
A vehicle that has been bought back by the manufacturer from the customer is known as a Lemon Buy Back. They are then often sold in auctions as used cars by the manufacturers.
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