Definition
Cargo refers to goods, products, or merchandise transported by various modes of transportation such as ships, airplanes, trucks, or trains. It encompasses a wide range of items being shipped, including raw materials, finished goods, machinery, equipment, vehicles, or commodities. Cargo may be packaged, containerized, or bulk-loaded depending on the nature of the goods and the requirements of the transportation method used. Cargo handling involves activities such as loading, unloading, securing, and transporting goods to ensure their safe and timely delivery to their destination.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.