The sacrosanct principle of limited liability is explicitly stated in the House of Lords decision Salomon v Salomon[1]. The learned judges in this case held that the company and its shareholders have separate and distinct legal personalities, hence the shareholder is not liable to indemnify the company against debt it incurs. This fundamental principle is…
Jamaica, the paradise island that is sometimes referred to as “the land of wood and water,” has great hydroelectric potential due to its topography and climate. Out of 120 rivers, the Island has several that are suitable for hydroelectricity power generation. Prime among them are: 1. Back Rio Grande - located in the parish of…
This is our weekly chart feature, please ensure to leave a comment, and share your views on what the graph is showing. Additional Info: Interest rate spread (lending rate minus deposit rate, %) is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks…
Balcostics 