* What is Economics? Is the social science that analyzes the production‚ distribution‚ and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία (oikonomia‚ "management of a household‚ administration") from οἶκος (oikos‚ "house") + νόμος (nomos‚ "custom" or "law")‚ hence "rules of the house (hold)". * Branches of Economics: Behavioural economics - is the study of the effects of psychology on economic decision making. Constitutional economics
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“If you don’t know who you are‚ powerful people can make you who they want you to be.” 1.) How do you respond differently to moral vs legal obligations that are presented to you? I have always believed that even though sometimes I am torn between two options‚ If I am being honest with myself that I would pick the more moral outcome. For moral obligations I imagine myself in the other persons “shoes” and imagine not what would benefit me‚ but what would benefit them. For legal obligations
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wrongdoing by defendant * Employer will not be liable unless employer-employee relationship/ employee must commit a tort/ must be during course employment * Casual potency important * Must be committed by an employee- employer/employee relationship: * Distinguished between contract of employment/contract for employment * Ready Mixed Concrete (South East) Ltd v Minister of Pensions (1968): Courts will take a multi-factorial approach as to who is an employee- e.g. express terms
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Why did you decide to apply to be an RA? What do you think it takes to be a successful RA? What do you find most attractive about this position? What seems least attractive about it? a. I always thought that being an RA would a fun job while in college‚ and after hearing the benefits and how much fun my friends had while working as an RA I figured I would apply! I think a successful RA must be friendly‚ fair‚ outgoing‚ and yet stern and firm when it come to rules. I love the idea of being able to
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CIA 3 - Contracts- II Role of Arbitration in Contractual Laws Submitted By- Ronit Lal Sarangi 1216439 Role of Arbitration in Contractual laws Abstract The enactment of Arbitration
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Nowadays‚ people are well equipped with many technology gadgets and items‚ so do I. If I was stranded on a deserted island‚ there would be unlimited things I would like to bring with me. However‚ since I can only bring three things‚ I would carry a knife‚ box of matches and a big jar. I believe those three things would help me surviving in such difficult living condition. First‚ a knife could be utilized in many ways. On such island‚ there could exist lots of wild and dangerous animals or species
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clinic‚ you are responsible for gathering information before she sees the physician. 1. What are the two most important questions to ask to determine possible pregnancy? The most important questions to ask to determine pregnancy are the first day of their last period and if they have ever been pregnant before. 2. She tells you she has never been pregnant. How would you record this information? If she has never been
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to another person; 4. There must be a causal connection between the fault or negligence and the damage; and 5. There must have been no pre-existing contractual relation between the parties. DEFENSES GENERALLY AVAILABLE IN TORTS CASES IN RELATION TO THE ELEMENTS OF A QUASI-DELICT: 1. NO NEGLIGENCE This is a defense of denial that is a COMPLETE DEFENSE against any imputation of negligence. The defendant‚ in order to be absolved from liability must be able to prove that he exercised
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You Live and You Learn In life‚ we make mistakes on a daily basis. They could be minor‚ like not putting a lid o your drink then later spilling it on yourself‚ or they can be very detrimental mistakes like looking at a text/not paying attention while driving and getting into a car crash. Although these mistakes are very drastic from each other‚ we learn from both of them. No matter the severity there is a lesson to learned‚ which brings me to my philosophy: you live and you learn. Making mistakes
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Tort of negligence Legal obligation on persons to exercise reasonable care not to cause harm to others in specified circumstances. In order to establish liability for the Tort‚ the victim has to show: 1. He is owned a duty of care by the tortfeasor; 2. The tortfeasor has beached that duty of care AND 3. The victim has suffered resulting damage Duty of care: The “Neighbor Principle” to establish whether or not a duty of care is owed in the context of the Tort of negligence. First one has to establish
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