Motor Company: A Marriage of Convenience? In March 2011 India Auto major Mahindra & Mahindra appointed Mr.(Dr.) Pawan Goenka its president for Automotive & Farm equipments sectors‚ M&M Ltd. as the chairman of the newly acquired Ssangyong Motor Company (SYMC). This marked closure to the final seal on the completion of the acquisition of majority stake in Ssangyong Motor Company and further removal of SYMC from Court receivership in Korea. Dr. P Goenka was quite optimistic of the newly acquired responsibility
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CONTRACTS CONTRACT a meeting of minds between 2 persons whereby one binds himself‚ with respect to the other‚ to give something or to render some service (ARTICLE 1305) GENERAL PROVISIONS (Arts. 1305-1317) Distinguish an ordinary Contract: a.) from a Contract of marriage b.) from an obligation c.) from an imperfect promise d.) from a pact e.) from a stipulation a.) from a Contract of marriage ORDINARY CONTRACT 1. The parties may be 2 or more persons of same or different genders
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Recognition: Impairments in Prosopagnosia Prosopagnosia‚ also called face blindness‚ is a neuropsychological condition that refers to impairment in the recognition of faces. Although prosopagnosic patients suffer from other types of recognition impairments (place recognition‚ car recognition‚ facial expression of emotion‚ est.)‚ they experience face recognition problems above or over other types impairments. Prosopagnosia occurs without intellectual‚ sensory or cognitive impairments; in other words
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Gene patents have been a controversial issue ever since the United States Patent Office began to grant patents for human genes. Those who protest gene patents argue that they will impede research and negatively affect the medical field. Supporters of the patents suggest that they will help propel the field to new heights by harboring innovation through the pricing power that comes with patenting. Michael Crichton in an article titled “Patenting Life” and John E. Calfee in his article “Decoding the
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Propose how would you minimise the occurrence of hospital acquired infection and monitor degree of success of these measures. INTRODUCTION The occurrence and undesirable complications from hospital acquired infections (HAIs) have been well recognized for the last several decades. The occurrence of HAIs continues to escalate at an alarming rate. HAIs originally referred to those infections associated with admission in an acute-care hospital (formerly called a nosocomial infection). These unanticipated
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CONTRACTS Stages in the life of a contract: 1. Preparation/Generation 2. Perfection/Birth 3. Consummation/Death Characteristics of Contracts: (ROMA) 1. Relativity (Art. 1311) 2. Obligatoriness & Consensuality (Art. 1315) 3. Mutuality (Art. 1308) 4. Autonomy (Art. 1306) Stipulation pour Autrui - stipulation in favor of a 3rd party. Requisites: 1. The stipulation must be part‚ not whole of the contract; 2. the contracting parties must have clearly and deliberately conferred
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distinguished from offers because they contain no demonstration of present intent to form contractual relations. No contract is formed when prospective purchasers respond to such terms‚ as they are merely invitations or requests for an offer. Unless this interpretation is employed‚ any person in a position similar to a seller who advertises goods in any medium would be liable for numerous contracts when there is usually a limited quantity of merchandise for sale. An advertisement‚ price quotation‚ or catalogue
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Money Market Hedge (MMH) (a) To hedge export receivable in USD (i) borrow the present value of USD (ii) convert the USD to AUD in spot market (this allows you to know how much AUD you will get for the receivable‚ therefore hedged) (iii) The future value of this AUD is equivalent to the USD receivable‚ an implied forward rate is obtained. (b) To hedge import payable in USD (i) borrow AUD (pay AUD interest rate) (ii) convert the AUD in
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there are requirements to form a valid contract other than offer and acceptance‚ that are‚ intention to create legal relation and consideration. What is consideration? It can be describe as being something which represent either some benefit to the person making a promise or some detriment to the person to whom the promise is made. The term consideration is given to the subject that is exchanged in a contract.1 It is a fundamental prerequisite in English contract law. 2 The courts has explained the
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would like to sell on the market or attempt to sell to a company‚ your first priority is to get a patent on your invention. You want to do this for several reasons‚ but most importantly‚ you want to protect what belongs to you. However‚ you should get an attorney for the patent process. The following are a few of the reasons for this. An attorney can help determine if your invention qualifies Everyone assumes that they can get a patent‚ but not everything can be patented. Abstract ideas‚ formulas
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