The objective of this essay is to "use economic theory and illustrative examples to outline the circumstances under which a price war could come about and the likely consequences for the participating firms and their consumers". A price war is a period in which multiple firms competing within the same market will react to the other firms lowering of price by lowering their own price. They have short-term and long-term advantages and disadvantages. There are many reasons for which a price war may
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THE COMPANIES ACT‚ 1956 (COMPANY LIMITED BY SHARES) MEMORANDUM OF ASSOCIATION OF K M RESIDENCY PRIVATE LIMITED I. The name of the Company is K M RESIDENCY PRIVATE LIMITED II. The Registered Office of the Company will be situated in the State of Rajasthan Ill. The objects for which the Company is established are:- (A) THE MAIN OBJECTS TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION ARE: 1. To carry on the business as promoters‚ dealers‚ owners‚ investors‚ developers
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Company Law – An Introduction Unit Code: DE5H 35 Outcome 1 Melissa Mackenna-500006315 Context Within this report you will find: 1.1. Introduction 1.2. Terms of Reference 1.3. Sole Traders 1.4. Partnerships 1.5. Corporate Bodies 1.5.1. Private Limited Companies 1.5.2. Public Limited Companies 1.6. Conclusion 1.7. Recommendations 1.8. Appendix 1.1. Introduction The aim of this report is to: Describe the differences in legal personalities and responsibilities between
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economic interests for the country. Mining activities are carried out on patches of land which were cleared from the forests. As the demand for more resources increase‚ more land would be cleared for the mining of these resources. One of the consequences of deforestation is global warming which is an irreversible process. As trees are burnt down to increase usable land‚ huge amounts of carbon dioxide are released into the atmosphere through combustion. Also‚ the stored carbon that is soaked up
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Three major consequences or costs of mass incarceration is‚ one‚ sever social consequences. Another consequence is sexually transmitted diseases and teenage pregnancy. The third consequence is the ability to vote. These three consequences are severe enough where it affects America as a whole. Now‚ I will discuss each consequence in a little more detail. This will help in the answer of why these consequences are so detrimental to America. I will also‚ be summarizing the article the Sentencing Project’s
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between a public company and a private company are explained in the following manner: 1. Minimum number of members The minimum number of person required to form a public company is seven‚ whereas in a private company their number is only two. 2. Maximum number of members There is no limit on the maximum number of member of a public company‚ but a private company cannot have more than fifty members excluding past and present employees. 3. Commencement of Business A private company can commence its
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the consequences of modernization for Japan The modernisation of Japan was an all or none matter. Either every aspect of the country had to be modernized to some extent‚ or no single aspect could be modernized. The four main aspects of Japan’s modernisation were industrialisation‚ political modernisation‚ education reform and military development. These four aspects had severe political‚ economic and social consequences on Japan. Some of the main political‚ economic and social consequences derived
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Written Analysis #3 The Consequences of The Seven Years War “It is truly a miserable thing that we no sooner leave fighting our neighbors the French‚ but we must also fall to quarreling amongst ourselves and the English.”(Quote by Reverend Samuel Johnson of Connecticut‚ 1773.) The Seven Years War also known as the French and Indian War dominated colonial America for nine years from 1754-1763‚ causing many consequences after it ended. Some of these consequences caused rebellions‚ new laws‚ native
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Sample Tutorial Answers (HBL221N Company Law) To answer all legal questions‚ students are to follow the essential steps of: (1) Identification of the issues in the questions; (2) State the relevant laws that can be used to resolve the issues in the questions; (3) Application of the relevant laws to the facts in the questions to resolve the issues in the questions (i.e. arguments); and (4) Conclusion based on arguments in Point (3). Your conclusion must resolve your issues in Point (1). NOTE:
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In the morning of March 16 1960 American Soldiers of Charlie company were on a mission to “search and destroy” any enemy found in a village north of South Vietnam which is known as My Lai and made a cowardly mistake . Arriving at My Lai there were no male Vietnamese soldiers‚ only people eating breakfast and and although they claim they were under orders it’s a bit absurd that they were ordered to wind up hundreds of people in a drainage ditch and shoot them‚ rape a bunch of innocent women and kill
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