This article will help you to learn about the difference between a bill of exchange and a promissory note. Difference between Bill of Exchange and Promissory Note Bill of Exchange 1. Drawer: It is drawn by a creditor. 2. Parties: There are three parties: (i) Drawer, (ii) Drawee and (iii) Payee. 3. Acceptance: A bill of exchange requires acceptance of [...]
This article will help you to learn about the difference between a factor and a broker. Difference between a Factor and a Broker Factor 1. Possession: A factor takes the possession of goods. 2. Dealings: A factor deals in his own name and needs not disclose the name of the principal. 3. To Receive Payment: A factor has the right [...]
Read this article to learn about the difference between a leader and a manager. Difference between Leader and Manager Leader 1. Leader always tries to adopt the newer ways of working. 2. His focus is on developing the resources. 3. He focuses on people. 4. He asks WHAT and WHY i.e., finds the newer ways. 5. A leader inspires the [...]