Market research is a subset of marketing research. Marketing Research has a much larger scope as it deals with conducting research about the product, as well as consumer preferences; whereas, market research...

Term life insurance protects the issuer against unforeseeable events for a limited time. Whole life insurance are policies that last the duration of the life of issuer and pays out when they die.

Both Sales Tax and VAT are consumer taxes, which means that they have to be paid whenever one purchases a product that is meant to be consumed or used. However, sales tax is a type of direct tax, while VAT is...

A forward contract is a non-standardized contract that allows parties to customize how they want to sell or buy an asset, at which price and what date. On the other hand, a future contract is a standardized...

Service Tax is a tax that is levied by the government on any services that are rendered. Value Added Tax (VAT) on the other hand is a tax that is levied by the government for goods that are purchased. However...