Disciplinary action
The procedure for the application of disciplinary sanctions is regulated by labor legislation, so every employee must understand whether the employer has the right to apply to him or her…

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Profitability calculation
The problem of efficiency of commercial activity worries every Manager, because it is the owner of the enterprise is interested in the profitability of the business. Efficiency can be defined…

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Energy passport: is the requirement of Supervisory authorities?
At the end of 2012, many businesses, even some government agencies faced new requirements of Rostekhnadzor. The technological Department of the Federal service for environmental, technological and nuclear supervision, threatening…

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principal

What is Bank guarantee

Bank guarantee – this is one of the types of insurance risks in the enforcement of transactions. The essence of such insurance is that all risks in a transaction between economic entities are acquired by a Bank, insurance company or other legal entity (guarantor) at the request of the transaction participant (principal). The guarantee is issued in writing. In case of default by the principal of its obligations to the creditor, the grant undertakes to cover the losses of the latter either in full or to the extent specified in the guarantee.

Currently, in the Russian business, this type of insurance transactions is not as common as in the economies of Europe and the United States, however, the trend for its spread in the last few years is positive. Continue reading

What is Bank guarantee
Bank guarantee – this is one of the types of insurance risks in the enforcement of transactions. The essence of such insurance is that all risks in a transaction between…

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How to get SNILS on the baby
Today in many institutions and organizations you are asked to present SNILS or as it is called – a green plastic card. And if earlier such a document was issued…

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How to take a loan without references and guarantors
Despite the fact that taking out a loan today seems to be quite easy, in fact it is not so simple. Not all banks meet customers who need money in…

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Annual paid leave
Labour law determines that every employee is entitled to annual paid leave. When an employee is on vacation, he / she retains his / her place of work and position,…

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