Anti trust laws and cartels. Competition in economics is rivalry in supplying or acquiring an economic service or good. Sellers compete with other sellers‚ and buyers with other buyers. In its perfect form‚ there is competition among many small buyers and sellers‚ none of whom is too large to affect the market as a whole; in practice‚ competition is often reduced by a great variety of limitations‚ including monopolies. The monopoly‚ a limit on competition‚ is an example of market failure. Competition
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Charity and Charitable Work Charity and charitable work are things which give a lot of benefit to every person who gets in touch with it. Some people can argue asking‚ how can disowning money or other things by giving them to other people bring them any benefit? People who think so‚ should think once again and sort out their values. To begin with‚ charity and charitable work is the most important and beneficial to these people‚ who gets the charity. The benefit is really evident. The “charited
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22 November 2013. Charitable acts and incentives. “Why should I do anything at all for anyone else without something in it for me?” that is the attitude of some people before doing a charity work. In today’s society we live in a world of opportunity but unfortunately not everyone get an opportunity. For those who are less fortunate‚ receiving donations may be the only way those people get to survive. In many high schools‚ clubs‚ and organization‚ charity drives are sponsored in exchange for
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the statute or statutory construction. Consequently‚ most of the Administrative law concepts and doctrines are Judge made law‚ which have to be read in conjunction with any statute delegating power to a official‚ body or tribunal. OBJECTIVES OF ADMINISTRATIVE LAW: Since the Parliament grants the widest possible power and has little control over how these powers are exercised‚ the objectives of the administrative law are two fold. On one hand it has to protect the citizens from the abuse of power
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The Definition of a Trust trusts is a device in which rights (personal or proprietary) are held by one person on behalf of another some trusts are created by court. These are constructive trusts. person creating the trust: settlor person holding rights: trustee person for whom those rights are held: beneficiary Lord Coke’s Definition "a confidence reposed in some other‚ not issuing out of land but as a thing collateral thereto‚ annexed in privity to the estate of the land‚ and to the person
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A. There are 4 main pieces of legislation that are collectively known as the Anti-trust laws. They are the Sherman Antitrust Act‚ The Federal Trade commission Act‚ The Clayton Antitrust Act and the Celler-Kefauver Act. The Sherman Antitrust Act is legislation enacted to protect Americans against monopolies. It makes it illegal to make contracts or conspire to restrict trade or commerce. It also outlaws monopolies. The Federal Trade Commission Act established the Federal Trade Commission and set
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Relevant Basic Definitions Trust is defined as an equitable obligation‚ binding a trustee to deal with property over which he/she has control for the benefits of beneficiaries. A trustee could be a beneficiary as long as he/she is not the only one. Trustee is the person who is the legal owner and controller of the trust property. The trustee‚ who is usually appointed in the trust deed‚ manages the trust on behalf of the beneficiaries and is held accountable by being subject to fiduciary duties.
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Basic Rules of Trusts: Property‚ Obligations and trusts 1) Equitable title exists whenever equity will require the legal owner of property to hold the property for the benefit of some other person or group of persons (which group may include the legal owner himself.) 2) Cestuis que trust=beneficiaries 3) Settlor and trustee can be the same person. 4) Settlor and beneficiary can be the same person. (Settlor can convey property to a trustee on trust for himself.) 5) Express trust as the creation
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Md Ahsanul Wadud Equty & Trust (Seminar) LLM/CPE Contents Class preparation (seminar--1) 3 Class preparation (seminar-----2) 5 Class preparation (seminar------3) 6 Class preparation (seminar--------4) 10 Seminar on Constitution of Trusts----5 11 Class preparation (seminar--------------6) 13 Class preparation (seminar--------------------7) 14 Class preparation (seminar----------8) 16 Class preparation (seminar-------------------9) 19 Class preparation (seminar---------------10) 21 Class preparation
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Employment-at-Will Doctrine John Simpson Professor Steve Harris Law‚ Ethics and Corporate Governance November 6‚ 2014 1. Summarize the employment-at-will doctrine discussed in the text and then evaluate three (3) of the six (6) scenarios described by determining: a. Whether you can legally fire the employee; include an assessment of any pertinent exceptions to the employment-at-will doctrine. b. The primary action(s) that you should take to limit liability and impact on operations; specify
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