What is Loan Capital? Loan Capital is the part of a company’s capital that is not equity capital but earns a fixed rate of interest instead of dividends, and must be repaid within a specified period; irrespective of the company’s financial position. Loan capital may be obtained from a bank or finance company in the
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Introduction Carbon forms the largest number of compounds, next only to hydrogen. It ranks seventeenth in the order of abundance in the earth’s crust. Carbon occurs in the free native state as well as in the combined state. Carbon and its compounds are widely distributed in nature. In its elemental form, carbon occurs in nature
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Adjective The /∧/ sound- To make the /∧/ sound, the middle of the tongue is raised. Like all vowel sounds, the air passes through the mouth only and the sound is voiced. Try it, say these words. u 0 ou 00 sun
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Introduction to Human Right A right is a statement showing a nature due, moral claim and legal entitlement. Right can also be called freedoms and benefits that are guaranteed to people by law. Fundamental Rights Fundamental rights of every Nigeria person are written in the constitution of the Federal Republic of Nigeria, chapter IV section
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Introduction Purchase of business is the process of acquisition of old business by a company. Promoters can acquire a business and sell it to another company at a profit. The persons who sells the business is another company is called the “vendor”. The money paid by the purchaser is called “purchase price”, the purchase of
Geometry: Plane Shapes Plane shapes in mathematics are any closed, flat, 2-dimensional shapes. A closed, two-dimensional or flat figure is called a plane shape. Different plane shapes have different attributes, such as the numbers of sides or corners. A side is a straight line that makes part of the shape, and a corner is where two
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Forms of Democracy Direct democracy: This is an individual freedom; this is where people participate in the governing of the state at intervals. People have liberation without any representation. Representative democracy: This is also known as indirect democracy; in this form of democracy, some people are elected to represent the masses. Whatever they say would
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Application Software Application software is any tool that functions and is operated by the means of a computer with the purpose of supporting or improving the software user’s work. It is used for the implementation of the computer user’s work. Types of Application Software It is divided into two which are (i) User application software:
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Introduction Letter writing is an essential skill. Despite the prevalence of emails and text messages, everyone has to write letters at some point. Letters of complaint, job applications, thank you letters, letters requesting changes or making suggestions — the list goes on and on. Letter writing is part of the required curriculum in schools. It comprises
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The Meaning of Drug Abuse Drug abuse is simply defined as the inappropriate use of drugs. It is the habitual taking of addictive or illegal drugs. It is the use of drugs or substance in a wrong way. The Results of Drug Abuse The results of drug abuse are listed below Drug abuse hurts the
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