DO JUDGES MAKE LAW? There are two main sources of English Law- legislation and cases. When interpreting legislation judges must ascertain the intention of Parliament and‚ except insofar as they apply the mischief rule of interpretation‚ they do not make law. Traditionally and due to the doctrine of the separation of powers judicial role is really not properly legislative at all‚ but consist merely in stating what the existing law actually is‚ and interpreting authoritatively doubtful points as
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Case Corporate Bonds – They are More Complex Than You Think 1. How should Jill go about explaining the relationship between coupon rates and bond prices? Why do the coupon rates for the various bonds vary so much? Jill should explain the relationship between coupon rates and bond prices by calculating the price of the bonds‚ which have similar features except coupon rate. Let’s compare ABC Energy issuer with the coupon rate 5% and 0% (the same with rating and YTM) Issuer Maturity Face Value
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about Mowgli‚ do you think he is one of the wolves or one of the man-pack? Question 1 Answer: “Hmmm… Well I recall him saying something like this before his fight with the red dog: { Mowgli the Frog have I been‚ Mowgli the Wolf have I said that I am. Now Mowgli the Ape must I be before I am Mowgli the Buck. At the end I shall be Mowgli the Man. Ho! } He won the fight by being brave like a wolf‚ clever and silly like a monkey‚ willing like a buck‚ and determined like a man. But I think none of these
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A contract is a legally binding agreement or relationship that exists between two or more parties to do‚ or abstain from performing certain acts. A contract can also be defined as a legally binding exchange of promises between two or more parties that the law will enforce. For a contract to be formed an offer made must be backed with an acceptance of which there must be consideration. Both parties involved must intend to create legal relation on a lawful matter which must be entered into freely and
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almost everywhere necessary. While the original cell phones were solely used for contacting other individuals‚ cell phones today can serve a wide variety of needs besides being just a phone. Cell phones can be used to store contact information‚ make to-do lists and reminders‚ and have a simple math calculator built into the device. These are only the simplest of amenities. Most recent cell phones can send and receive e-mails‚ are able to retrieve information through internet connection that is available
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Prenuptial Agreement Prenuptial agreement or what is often called “prenup” is a legally bound contract made by a couple before they marry concerning the ownership of their respective assets. To some people‚ a prenuptial agreement is an insurance issue‚ to others it is a trust issue. Is a prenuptial agreement really important? Does every engaged couple need one before they get married? What happened to the foundation of love and trust? With much speculation‚ this topic has become an intriguing argument
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Kayli Tipps Employers Get Tough on Health The article entitled “Employers Get Tough on Health” is printed by the Chicago Tribune September 24‚ 2007 and it addresses how some companies in America are now choosing whether you get hired or keep your job based on your personal behavior and lifestyle habits such as smoking or eating high fat meals. In the reading the Article states “the rules of the work place are changing” and you should be informed of those changes so you can be a likely candidate
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What Would You Do? Chapter 4 American Express Headquarters‚ New York‚ NY Headquarters‚ New York‚ New York.1 With medical costs rising 10 to 15 percent per year‚ one of the members of your Board of Directors mentioned that some companies are now refusing to hire smokers and that the board should discuss this option at the next month’s meeting. Nationwide‚ about 6‚000 companies refuse to hire smokers. Weyco‚ an employee benefits company in Okemos‚ Michigan‚ requires all applicants to take
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can found everywhere. The most well known situation should be the combat among black and white in United States‚ which has last for over 40 years. In the following passage‚ I will discuss why racism is morally wrong and the how the preferential affirmative for the black people now is morally justified. First of all‚ let me first define what is racism. Racism is a belief that all members of each race possess characteristics‚ abilities‚ or qualities specific to that race‚ especially so as to distinguish
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way is when a stock you own appreciates in value - that is‚ when people who want to buy the stock decide that a share is worth more than you paid for it. They might decide that because the company that issued the stock has earnings that are improving‚ for example. If you hang onto a stock that has gone up in value‚ you have what’s known as unrealized gains. Only when you sell the stock you can lock in your gains. Since stock prices fluctuate constantly when the market is open‚ you never really know
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