IGCSE/GCSE/O & A Level/IB/University Student Forum

Qualification => Subject Doubts => IGCSE/ GCSE => Commerce => Topic started by: 7ooD on June 02, 2009, 05:17:43 pm

Title: BUSINESS URGENT HELPZZZz.....zZz
Post by: 7ooD on June 02, 2009, 05:17:43 pm: can someone give the exact definition of selling debenture and an easy one which gives full mark if asked for in the exam and also for article of association and memorandum of association do we have to state what they contain example in memorandum of association the directors decision are included and how can sole traders convert into a limited liability
Title: Re: BUSINESS URGENT HELPZZZz.....zZz
Post by: astarmathsandchemistry on June 02, 2009, 05:30:49 pm: Quote from: 7ood on June 02, 2009, 05:17:43 pm
can someone give the exact definition of selling debenture and an easy one which gives full mark if asked for in the exam and also for article of association and memorandum of association do we have to state what they contain example in memorandum of association the directors decision are included and how can sole traders convert into a limited liability
-A debenture is an unsecured loan you offer to a company. The company does not give any collateral for the debenture, but pays a higher rate of interest to its creditors. In case of bankruptcy or financial difficulties, the debenture holders are paid later than bondholders.

-No, I dont think so it never came up, just memorize the formalities themselves :)

-Sole Traders cannot benefit from limited liability unless they change their legal form to a limited company(Public or Private),

Hope that helps
good luck :)
Title: Re: BUSINESS URGENT HELPZZZz.....zZz
Post by: 7ooD on June 02, 2009, 06:24:08 pm: thanks man +rep but who are the bondholders
Title: Re: BUSINESS URGENT HELPZZZz.....zZz
Post by: beanii on June 02, 2009, 06:35:20 pm: Quote from: 7ood on June 02, 2009, 06:24:08 pm
thanks man +rep but who are the bondholders
A creditor that owns bond certificate of a corporation or government issuer, and is entitled to the interests and principal repayment of such debt security.
Title: Re: BUSINESS URGENT HELPZZZz.....zZz
Post by: devileye on June 02, 2009, 06:39:37 pm: hey guys i am nt taking buisn... but i have gt a gra8 site u can study all frm..here's the link>>>> http://www.dineshbakshi.com/business_studies/index.html.....if it helped u guys plz +rep thx....
Title: Re: BUSINESS URGENT HELPZZZz.....zZz
Post by: Khey [Rainbow] on June 02, 2009, 07:23:10 pm: m so scared for paper 2 :'(
our hands r gonna ache like sh*t 4 sure >:(

Goodluck ppl.hope we all do well ;)
Title: Re: BUSINESS URGENT HELPZZZz.....zZz
Post by: astarmathsandchemistry on June 02, 2009, 07:27:02 pm: Quote from: Khey on June 02, 2009, 07:23:10 pm
m so scared for paper 2 :'(
our hands r gonna ache like sh*t 4 sure >:(

Goodluck ppl.hope we all do well ;)

yeah!!! but i just have a feeling that its gonna be easy :)
everyone of my friends actually has the same feeling lool :P

Yeah, i just hope i am in the mood for the writing and then I'll ace it!!!!
thanks, good luck too all of u 2!! :D