Question { 8974 }
The Book Profit of a firm is 325600/- What is the allowable
remuneration to the working partners
If it is a business firm
If it is Professional Firm
and also let me know under what section
Answer
What care should one take while investing?
Before making any investment, one must ensure to:
1.obtain written documents explaining the investment
2.read and understand such documents
3.verify the legitimacy of the investment
4.find out the costs and benefits associated with the
investment
5.assess the risk-return profile of the investment
6.know the liquidity and safety aspects of the investment
7.ascertain if it is appropriate for your specific goals
8.compare these details with other investment opportunities
available
9.examine if it fits in with other investments you are
considering or
you have already made
10. deal only through an authorised intermediary
11. seek all clarifications about the intermediary and the
investment
12. explore the options available to you if something were
to go
wrong,and then, if satisfied, make the investment.
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