BILLS OF EXCHANGE According to Indian Negotiable Instrument Act‚ “ A bill of exchange is an instrument in writing‚ an unconditional order‚ signed by the maker‚ directing a certain person to pay a certain sum of money only to or to the order of certain person or to the bearer of the instrument.” CHARACTERISTICS Bills of exchange has got the following features: 1. An Unconditional order It is an order by the drawer (creditor) to his drawee {debtor) without any condition
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Charitable Trusts: One of the most significant changes made by the Charities Act 2009 came in s.39 of that Act‚ which established a ‘Charities Regulatory Body’ to regulate charities. Case law still largely defines ‘charitable purpose’. The main advantage of being classified as a charitable purpose trust is that many of the disadvantages which would apply otherwise can be avoided; the rule against perpetuities doesn’t apply (although the trust must vest in a perpetuity period); the rule against
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historical background[1]. Trust‚ governed by the laws of equity‚ is a unique creation of common law and is often dealt with challenging and versatile series of events. This problem involves complex areas from topics of formalities‚ constitution of trusts‚ and covenants to settle. In this essay‚ I will fully concentrate on whether each section of the trust is enforceable‚ and the effects that the 2006 will could have brought about towards the trust. Covenant – Constitution of Trust a) On our first
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The first Jan Lokpal Bill was introduced by Shanti Bhushan and passed in the 4th Lok Sabha in 1969 but could not get through in the Rajya Sabha. Subsequently‚ Lokpal bills were introduced in 1971‚ 1977‚ 1985‚ 1989‚ 1996‚ 1998‚ 2001‚ 2005 and in 2008‚ yet they were never passed. 42 years after its first introduction‚ the Lokpal bill was pending in India till Dec 2013. But the Lokpal and Lokayukt Bill 2011 ultimately passed after a marathon discussion and debate. This bill was passed in the parliament
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In Debt We Trust It is common knowledge that public debt is one of the basic topics in macroeconomics. Debt is actually a certain amount of goods or money (mostly money) owed by one side to another. There are various types of debts‚ from personal debts to debts by the government. The US public debt is the amount of money owed by the United States federal government to creditors. National and individual debt combined total well over $10 trillion. The video notes how credit card
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Bill Gates By: Cami Tucker From a functionalist perspective Bill Gates served as a purpose in life developing Microsoft to help out people with their businesses and person life. A functionalist would believe that society would depend on Microsoft and that is why it would have needed to be created. I believe highly that Bill Gates was mostly a functionalist. From a conflict perspective Bill Gates would have looked at the pros and cons of his software. In this situation the pros outweighed the
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when Hallora needs advice. John in this case does not have to abide my Jim’s rule of submitting reports and gets to do what as he please for (eg setting his own work hours). * John Stone is the youngest in the group also quite experience and considers himself as competent as Hallora and Volmer. * David Poppy is one that gets along well with everyone in the group‚ he is a dedicated worker and performs whatever task is assigned to him. * Miller and Stone was not contented with Hallora’s
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KONERU LAKSHMAIAH UNIVERSITY SEMINAR PRESENTION TOPIC: LOKPAL BILL SUBMITTED TO: SUBMITTED BY: Dr. V.SARADA B.SEKHAR BABU
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RESTRICTED INTERNAL USE ONLY BILL FRENCH Bill French picked up the phone and called his boss‚ Wes Davidson‚ controller of DuoProducts Corporation. “Wes‚ I’m all set for the meeting this afternoon. I’ve put together a set of break-even statements that should really make people sit up and take notice – and I think they’ll be able to understand them‚ too.” After a brief conversation‚ French concluded the call and turned to his charts for one last checkout before the meeting. French had been hired
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The common theme of friendship and trust Trust is the one of the most important aspects of our daily life‚ and we all know how much we need solid friendships to thrive. It is for that reasons that friendship and trust are the themes that were singled out in the pieces of literature that we have read over the course of the year. The Odyssey shows not quite genuine friendship‚ but it shows a great example of general friendship and trust. To Kill A Mockingbird had multiple relationships and
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