INFRASTRUCTURE CONCESSION CONTRACTS: AN INTRODUCTION #2/July 08 What is infrastructure concession contract? What are the advantages and disadvantages of concession contracts? This paper addresses these two questions. Also‚ it outlines the basics of infrastructure concession contracts. I. Introduction Ownership of public assets is a sensitive issue for all governments. However‚ budgetary shortfalls as well as the repeated failure of governments all over the world to maintain these assets have
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FDI in Insurance Introduction The insurance sector in India used to be dominated by the state-owned Life Insurance Corporation and the General Insurance Corporation and its four subsidiaries. But in 1999‚ the Insurance Regulatory and Development Authority (IRDA) Bill opened it up to private and foreign players‚ whose share in the insurance market has been rising. As a part of overall financial sector reforms‚ the Government set up the Committee for Reforms in the Insurance Sector in 1992. In its
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Courtroom Participation Paper Courtroom Participation One of the core components to the criminal justice system is the judicial system. The judicial system consists of participants who have specialized roles that are associated with the courtroom. There are 10 basic roles that the participants play which include; judge‚ prosecutor‚ defense counsel‚ bailiff‚ court reporter‚ clerk of the court‚ witness‚ jury‚ defendant‚ and spectators. The judge has the ultimate
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Participation trophies‚ while often frowned upon for their unsavory title as one of the peaks for liberal ideology‚ are actually quite plentiful in redeeming qualities. Participation trophies provide psycological boosts‚ a benefital bottom line in competetive sporting activities‚ and are surrounded by an opressive and negative stigma that stops the general public from realizing the encouraging personal reaps of getting them. Psycological boosts when participation trophies can be seen right away
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The psychological contract is a little difficult to define because as George (2009‚ pg3) states it ‘is implicit in that it is unspoken‚ unwritten and often only becomes apparent when it is breached‚ causing feelings of violation’ none the less it is extremely important part of the business and can be what ‘binds the employee and the employer together’ (Robinson and Rousseau‚ citied in George 2009 pg4) ‘through the mutual expectations of input and outcome’ outlined by Businessballs (2010) CIPD (2004
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Insurance Project INDEX Sr.No | Topics | Page No. | 1 | Introduction | 3 | 2 | History | 4 | 3 | Products | 6 | 4 | Distribution Channels | 12 | 5 | Bancassurance Partners | 13 | 6 | HDFC Life Web Selling | 14 | 7 | Different Methods Of Payment | 15 | 8 | Ratios and Current Affairs | 18 | 9 | Conclusion | 20 | 10 | Acknowledgement | 21 | INTRODUCTION HDFC Life‚ one of India’s leading private life insurance companies‚ offers a range of individual and group insurance
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of the essential elements required for the formation of a valid contract in the following situations: P1.1 1. Temporary daily wages Worker doing work and following instructions from the supervisor 2. Tenant staying in an apartment 3. Contractor working on project site 4. Customer in an Amusement Park 5. Buyer and Seller of Consumer Product like Body Lotion Guidelines: You need to specify the essentials of the contract like written terms‚ verbal‚ implied etc‚ terms & conditions‚ validity
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ASPECTS OF CONTRACT AND NEGLIGENCE OF BUSINESS Task: 1.1: Explain the importance of the essential elements required for the information of a valid contract? Offer A valid offer identifies the bargained-for exchange between the parties and creates a power of acceptance in the party to whom the offer is made. The communication by one party known as the offeror to the another party called the offeree b) Acceptance To constitute a contract‚ there must be an acceptance of the offer
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SUB: - CORPORATE GOVERNANCE TOPIC: CORPORATE GOVERNANCE IN INSURANCE SECTOR. . ACKNOWLEDGEMENT My deepest thanks to prof.Oberoi sir to Guide the project for guiding and correcting various documents of mine with attention and care. He has taken pain to go through the project and make necessary correction as and when needed. A special thank of mine goes to my colleague who helped me in completing the project & she exchanged her interesting ideas‚ thoughts & made this project
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settlement • Reinsurance • Investments Copyright © 2011 Pearson Prentice Hall. All rights reserved. 6-1 Rating and Ratemaking • Ratemaking refers to the pricing of insurance and the calculation of insurance premiums – A rate is the price per unit of insurance – An exposure unit is the unit of measurement used in insurance pricing premium = rate * exposure units – Total premiums charged must be adequate for paying all claims and expenses during the policy period – Rates and premiums
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