Cost and freight is a legal term used in international trade contracts, which indicates that the seller of goods is obliged to arrange for the carriage of goods by sea to the port of destination and provide the buyer with the documents necessary to receive the goods. from the carrier.
If the buyer and seller agree to include cost and freight in their transaction, this provision means that the seller is not responsible for providing insurance against loss or damage in transit.
Cost and Freight is a widely used international commercial term, a set of globally recognized terms that help set the standard for foreign trade contracts and are published and regularly updated by the International Chamber of Commerce (ICC).
The 2,000 investor limit or rule is a key threshold for private businesses that are unwilling to disclose financial information for public consumption.
The 500 shareholder threshold was a rule set by the SEC that required companies to publicly disclose financial statements and other information if they reached 500 or more individual shareholders.
The Basel Accords are part of a series of three international banking regulatory meetings that established capital requirements and risk measurements for global banks.
Basel III is an international regulatory agreement that introduced a series of reforms aimed at improving regulation, supervision and risk management in the banking sector.
Black money includes all funds earned as a result of illegal activities, as well as other legitimate income that is not taken into account for tax purposes.
A boiler room is a scheme in which sellers use high-pressure selling tactics to persuade investors to buy securities, including speculative and fraudulent securities.