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Similarities between Equity Finance and Preference
Similarities among Equity Finance and Preference are as follows:
a) Both may be permanent whether preference share capital is irredeemable as convertible.
b) Both are unsecured or naked finances.
c) At the stock exchange both are traded
d) By public limited companies only both are raised
e) Both carry residue claims after such debt.
f) For the company to pay both dividends are not a legal obligations.
Advantage of Bill - Source of Finance Advantages of necessitating a Bill as a Source of Finance They are a faster means of raising finance whether drawer is credible.
Types of Partners 1. General Partners -Unlimited active and liability in participation in partnership activities. 2. Limited partners - Limited liability in the management of
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challenges your likely to face when apparising a project on the implemtation stage
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