Origin and Evolution of Money Barter Money‚ as we know it today‚ is the result of a long process. At the beginning‚ there was no money. People engaged in barter‚ the exchange of merchandise for merchandise‚ without value equivalence. Then‚ a person catching more fish than the necessary for himself and his group‚ exchanged his excess fish for the surplus of another person who‚ for instance‚ had planted and harvested more corn that what he would need. This elementary
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DOCTRINE OF PRECEDENT AND STARE DECISIS What do you understand by precedent in the English legal system? It is a legal case establishing a principle or rule that a court or other judicial body may utilize when deciding subsequent cases with similar issues or facts. What are the advantages and disadvantages of having a legal system based upon the doctrine of precedent instead of having a legal system based upon codified law? Advantages 1. Provides certainty in law. 2. Judges have clear
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History of Rockets Our time there has been an evolution in our history of rockets. It has been one man-kinds greatest invention for thousands of years. Rockets date back to 400 B.C in the city Tarentum from a roman writer named Aulus Gellius as he tells a story of a Greek‚ named Archytas. Archytas used his invention to amuse and baffle the people by flying a wooden pigeon using steam to propel the bird suspended off wires. Couple three hundred years later after the invention of Archytas flying
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survive in any particular niche. In summary‚ natural selection will drive the adaptation of any given population to fit the number of available niches‚ and this will create the biodiversity that is present in nature. Explain Continued evolution requires a diverse population‚ which provides the raw material on which natural selection can act. As natural selection is the accumulation of random‚ small genetic changes‚ the chances of any of these changes resulting in an organism capable of
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Fashion evolution through the years Who didn’t have been heard something about the most representative eras of the fashion‚ like 50s‚ hippie’s age‚ disco fever‚ or grunge? All these ideologies had been make an important change through the time. There exists a great evolution through the fashion of the 40s to the 90s‚ and it involves different ideologies‚ dress trends‚ shoes and hairstyles. I’m going to mention only the most representative eras of the fashion that marks a significant change in our
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Philippines‚ where culture is dynamic and ever-changing‚ it has to the researcher’s attention that there has been great changes in the way courtship is done between Filipino males and females. With this‚ the researcher would like to interpret the evolution of courtship. The landscape of male and female interaction has changed over the past 100 years‚ revealing a very sharp contrast in shape and form. One significant area where this is clearly seen is in the area of courtship and dating. In 1896‚
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The Evolution of Amazon.com BIS219 November 17‚ 2011 The Evolution of Amazon.com Amazon.com’s corporate culture is one that fosters creativity and innovation‚ making it one of the biggest publicly traded tech firms in the nation. There are several principles consistently used that makes the company profitable. This paper discusses some of the principles‚ strategies‚ and techniques that have lifted Amazon head and shoulders above their competitors. This paper will also discuss whether the
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The emergence of socialism can be split into three categories based on the reason that it was advocated or as part of a struggle against something. But at first we need to understand where its key tenets originated from. Tracing back to its origin we can look at references made by Plato in his book ‘Republic’. Another extremely important contribution of Plato would be his theory on the ‘Five types of Government’ i.e. Timocracy‚ Oligarchy‚ Democracy and Tyranny. This would be of significance given
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The Evolution of the Automobile The official definition of an automobile is “a passenger vehicle designed for operation on ordinary roads and typically having four wheels and a gasoline or diesel internal-combustion engine” (Merriam-Webster 51). There is no one person accredited for the invention of the automobile‚ but rather a collection of advancements that evolved into the modern-day automobile (Smith 12). Today‚ there are approximately 600 million passenger vehicles in existence worldwide
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Unit 5.5: The Separate Entity Doctrine “It is a basic doctrine of company law: that for certain purposes a company is a legal entity separate from the legal persons who became associated for its formation or who are now its members and directors. For certain purposes‚ there is a corporate screen around the members and directors. This is often referred as to the ‘Veil of Incorporation.’ The authority for that proposition is the leading case of Salomon v Salomon & Co Ltd [1897] AC 22. The
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