Torts and Damages I . Concept/ Definition The term “Tort” is of Anglo-American law-common law which is broader in scope than the Spanish-Phil concept which is limited to negligence while the former includes international or criminal acts. Torts in Philippine law is the blending of common-law and civil law system. Quasi Delict refers to acts or omissions which cause damage to another‚ there being fault or negligence on the part of the defendant‚ who is obliged by law to pay for the damages done.
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Lecture 11: The Consequences of the Industrial Revolution in Great Britain (The Standard of Living Debate) and the Free Trade Era in Europe. I. The Consequences of the Industrial Revolution: The Standard of Living Debate. What happened to living standards during the Industrial Revolution? From today’s perspective‚ over 200 years later‚ most people would say that industrialization has raised living standards dramatically from those that prevailed in the 1700s. In fact‚ there is general agreement
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Industrial Revolution the standard of living significantly improved. First way the standard of living was impacted was the houses being built much better than before. With new inventions homes were made better than ever before. “Every day is adding something to your comforts. Our houses are built better…” (Document 4). This is explains the houses being built better so people were more comfortable. Better homes led to the standard of living increasing so people were not living in dilapidated homes. Next
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Development and environment: can we avoid the inevitable trade-off? The either-or relationship between development and environment must be remedied before a permanent solution can be achieved By Neha Singh The nineteenth and twentieth centuries saw great advancements in technology‚ resulting in tremendous improvements in the living conditions of human beings. The economies of many countries in the world literally ‘took off’ and have since not looked back. Thus a technology as simple as electric
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Chapter 7: Living in the Environment: environmental factors and their influence Questions Introduction 1. Why is a Polar bear found living in a cold icy place and a fish found living in water‚ but not in other environments? Because it is their habitat in which they are adapted to. It has certain adaptations to allow it to survive in that environment and resources are available in the environment. 2. Give the definitions for the following words (the glossary at the back of the book may help
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IAS - 1 Presentation of Financial Statements By: http://www.WorldGAAPInfo.com International Accounting Standard No 1 (IAS 1) Presentation of Financial Statements This revised Standard replaces IAS 1 (revised 1997) Presentation of Financial Statements and will apply for annual periods beginning on or after January 1‚ 2005. Earlier application is encouraged. By: http://www.WorldGAAPInfo.com Objective 1. The objective of this Standard is to lay the groundwork for the submission
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IAS 11 International Accounting Standard 11 Construction Contracts In April 2001 the International Accounting Standards Board (IASB) adopted IAS 11 Construction Contracts‚ which had originally been issued by the International Accounting Standards Committee in December 1993. IAS 11 Construction Contracts replaced parts of IAS 11 Accounting for Construction Contracts (issued in March 1979). Other IFRSs have made minor consequential amendments to IAS 11. They include IAS 23 Borrowing Costs (as
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Creating awareness about tobacco related issues among school children Developed by‚ Institute of Public Health For‚ District Anti Tobacco Cell‚ Bangalore-Karnataka Bangalore- National Tobacco Control Programme Ministry of Health and Family Welfare Dept. of Health and Family Welfare‚ Karnataka Design and compilation: Dr. Upendra Bhojani‚ Faculty‚ IPH Tobacco: Origin and Types Tobacco: Origin and Types • Tobacco was not an Indian thing! In 1498‚ when Portuguese came to India
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Punitive Damages Trisha D. Bowman Civil & Criminal Justice Professor Connor Punitive Damages Punitive damages are those that have surpassed simple compensation and that have been awarded to punish the defendant. These damages are usually only awarded in special cases and in civil court cases. In some states‚ punitive damages are based on statute; in other states‚ they are based on case law. There is no maximum amount of money that a defendant can be ordered to pay. After researching different
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and made up by PRINCIPLE and RULES. There are Two types of framework – 1. Conceptual: Conceptual are made up by historical practice that are done by people like- IAS‚ GAAP etc. 2. Regulatory: Regulatory are boundaries of rules and regulation like- Company law‚ National standards of accounting‚ Stock exchange regulation‚ Sometimes IAS if country adopt it etc. Usefulness and Requirement of Frameworks: 1. Framework develops over hundred years. These are the principles of established accounting practices
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