Bharat Petroleum stands for Bharat Petroleum Corporation Limited (BPCL), an Indian state-controlled oil and gas company founded in the year 1977, and ranked 229th in the Fortune Global rankings for the year...

There is no difference between the terms ‘consignor’ and ‘shipper’ as both the terms mean the same; a consignor is a person who is usually the owner and the shipper of the commodities supplied, whereas a ‘...

The ‘Letter of Credit’ and the ‘StandBy Letter of Credit’ are two legal bank documents that are used by international traders. Both these letters are used to ensure the financial safety between the supplier...

The companies can be differentiated on the basis of power to offer their securities to the general public. A company who is permitted to sale the securities to general public is referred to as a public company...

The key difference between the two is that, the term ‘price’ is defined as the amount that the customers pay for a product, whereas the term ‘cost’ is defined as the amount spent by a business in making a...