Public Interest Litigation (PIL) PIL in broad terms means litigation filed in a court of law for the protection of “Public Interest” on the wide variety of subjects concerning citizens. The history: Public Interest Litigation popularly known as PIL can be broadly defined as litigation in the interest of that nebulous entity: the public in general. Prior to 1980s‚ only the aggrieved party could personally knock the doors of justice and seek remedy for his grievance and any other person who
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money‚ it is very common to hear words such as interest‚ usury‚ risks‚ etc. We mention these words very often and many times we do not even know what they mean. But this is not it; it gets more interesting when we start linking all this stuff with other topics such as religion‚ ethics and moral values. Going back to the beginning‚ when we start talking about banks and money‚ it is known by everybody that banks’ main business are the loans and the interests they ask for them‚ which many people do not
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A dispensing mechanism ousted the formal legal system: Public Interest litigation Public interest litigation is a concept of recent origin evolved by the supreme court on the plinth of equal justice by giving liberal interpretation to the long standing rigid concept of locus standi. The supreme court advocated for social justice for the poor by the way of public interest litigation and court devised the new tool for mitigating the suffering of poor people. Article 39A of the constitution mandates
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subject lines. Multiple Choice: True/False (5-2) Compounding 1. F J Answer: aEASY Starting to invest early for retirement increases the benefits of compound interest. a. True b. False (5-2) Compounding 2. F J Answer: bEASY Starting to invest early for retirement reduces the benefits of compound interest. a. True b. False (5-2) Compounding 3. F J Answer: aEASY A time line is meaningful even if all cash flows do not occur annually. a. True b. False (5-2)
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P6–1 Interest rate fundamentals: The real rate of return Carl Foster‚ a trainee at an Investment banking firm‚ is trying to get an idea of what real rate of return investors Are expecting in today’s marketplace. He has looked up the rate paid on 3-month U.S. Treasury bills and found it to be 5.5%. He has decided to use the rate of change In the Consumer Price Index as a proxy for the inflationary expectations of Investors. That annualized rate now stands at 3%. On the basis of the information
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1. Name and describe the four product/market expansion grid strategies and explain which strategy Google implemented with the Nexus One. The four product/market expansion grid strategies are market penetration‚ market development‚ product development and diversification. Market penetration is a growth strategy that increase sales to the existing market without changing the existing product. Market development is a growth strategy that selling the existing product into new market segments. Product
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Fort Worth 11 17 18 Given profit maximization as a criterion‚ Bindley would like to determine how many motors should be produced at each plant and how many motors should be shipped from each plant to each destination. a. Develop a transportation grid for this problem. Costs From / To Boulder Macon Gary DesDnaDon Demand $5‚700‚000.00 Costs From / To Boulder Macon Gary Received New York $7.00 $20.00 $8.00 50000 Fort Worth $11.00 $17.00 $18.00 70000
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Jorion‚ P. (1990): Purchasing power parity in the long run. Journal of Finance. Vol. 45‚ 157- 174. Alan M. Taylor; Mark P. Taylor‚ (2004)‚ The Purchasing Power Parity debate. The Journal of Economic Perspectives‚ Vol. 18‚ No. 4. (Autumn‚ 2004)‚ pp. 135-158. Andrei Shleifer & Robert W. Vishny‚ (1997)‚ The Limits of Arbitrage. The Journal of Finance. American Finance Association Press. Vol. 52‚ No. 1. (Mar.‚ 1997)‚ pp. 35-55. Bela Balassa‚ (1964)‚ The Purchasing-Power Parity doctrine: a reappraisal
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Introduction of Special Interest Tourism The tourism industry has changed over the years along with the socio-economic situations in many countries. Therefore‚ tourism markets that were popular twenty years ago are now in deterioration as travellers look for some kind of fulfilment and meaning at the destination. Special interest tourism (SIT) can be defined as a form of tourism that provides an enriching experience that is of special interest to visitors in addition to other leisure activities
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Power. The use of authority to control a group of people. It is the actor’s ability to manipulate opinions‚ emotions‚ and behaviour of groups‚ even against their will (Hardy‚ 1995; Hardy & Clegg‚ 1996). It is seen everywhere in organisational forms‚ from managers‚ to team leaders. But perhaps one of the most obvious use of power through businesses is government legislations. The government uses positional power to control and possess relevant sources such as managers‚ in order to get groups
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