Keep in mind who buys the products from a business? Consumers. Therefore,consumer protection
is the answer.
A business doesn't have to disclose anything. However a publicly traded company has full disclosure because anyone can own a piece by simply buying stock in the company.
The salvage title has to do with obtaining a loan on the car. However, I would disclose it.
The conflict of interest can arise if you are an agent selling his own or a direct family member's property and do not disclose this material fact to the buyer of the home.
Deception. Fraud. Cheating. Worthless merchandise, or merchandise worth less than the price charged. Problems with the product. Misrepresentation. Failure to disclose. The saying means that it is up to the buyer to be on the lookout for any problems and not up to the seller to call attention to them.
advantages* easy formation there is no legal formalities for its formation and lso does not require a huge amount of capital. * quick decisions the sole trader being the supreme authority can take decisions independently without consulting others.* better personal contact as it is small scale business, the owner can have personal contact with the customer as well as his employees. * flexibility if any change in the business is required he needs not consult with anyone. * less expensive management. the sole trader performs most of the work relating to his business. so expenses can be brought down to a minimum. * business secrets can be maintained.he can maintain secrets of his business because he need not disclose them to anyone. * no sharing of profit as it is one man business , he can enjoy the entire profit of the business.disadvantages* shortage of capital the capital resources of a sole trader are naturally limited. therefore expansion of the business is difficult. * unlimited liability the liability of the sole trader is unlimited or not limited to his capital contribution. that means his private properties are also liable for his business debts . * lack of continuitythe future of this kind of business is most uncertain. long illness, death, insolvency, insanity of the sole trader will surely disturb the business. * lack of management abilitythe managerial ability of a sole trader is limited. he may not be master of all. * lack of economies of scale.because of limitation of finance and managerial ability, a sole trader operates on a small size. due to this , it does not enjoy the economies of large scale buying as well as increased sales
A business doesn't have to disclose anything. However a publicly traded company has full disclosure because anyone can own a piece by simply buying stock in the company.
To make buyers more knowledgeable and more safer
To make buyers more knowledgeable and more safer
To make buyers more knowledgeable and more safer
A business doesn't have to disclose anything. However a publicly traded company has full disclosure because anyone can own a piece by simply buying stock in the company.
The limitation of franchising is that the franchisor has to disclose confidential information to franchisees and this may constitute a risk to the business.
For transparency and the possibility of conflicts of interest
To Make Buyers Safer And More Knowledgeable
esne disclose about her grandparents
To make buyers more knowledgeable and more safer
To disclose is to share information that was hidden. The opposite would be to conceal.
You shouldn't disclose personal information such as phone number, addresses or information about your children. If you disclose information, you can be harassed by advertisers and other people.