main issue on how and why it caused the unstable relationship between the United States of America and the Organization of Petroleum Exporting Countries. This paper will try to outline and describe why the oil crisis of 1973 happened and if there where any other factors apart from the embargo on the United States of America done by the members of Organization of Arab Petroleum Exporting Countries (OAPEC)‚ that caused the United States of America to go into the period of experiencing a economic crisis
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Indoor Management Rule 1. Indoor management rule. Royal British Bank v Turquand; A rule was formulated to the effect that while a third party who dealt with the company was taken to be aware of the contents of that company’s public documents‚ they were not bound to ensure that the company’s internal proceedings were properly carried out. See Morris v Kanssen [1946]AC 459 at 474. “A person dealing with a company in good faith may assume that acts within its constitution have been duly performed
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Analyze the alternative power car manufacturing industry at the time of the case. At the time of the case there were not many car manufacturers aggressively perusing the development of alternative power cars. Manufacturers may have felt that the alternative power car was a disruptive technology as it was expensive to develop and not in high demand from their current customers. The alternative car manufacturing industry was in its conceptual phase. Consumers were not confident in the alternative power
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Cases Summary CJUS 350 Angela McIntosh The three cases that are mentioned and studied are Brady v. Maryland‚ Giglio v. United States‚ and United States v. Agurs. These cases are important to the history of how cases are presented and with what evidence is made available to the jury. With Brady v. Maryland‚ it was the first time that the Supreme Court recognized that the Fourteenth Amendment due process clause is to ensure and guarantee that the criminal defendants are given
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Salazar‚ Kristine Kim B. 4-DLM 1. Arturo Tolentino vs Secretary of Finance FACTS: Tolentino et al is questioning the constitutionality of RA 7716 otherwise known as the Expanded Value Added Tax (EVAT) Law. Tolentino averred that this revenue bill did not exclusively originate from the House of Representatives as required by Section 24‚ Article 6 of the Constitution. Even though RA 7716 originated as HB 11197 and that it passed the 3 readings in the HoR‚ the same did not complete the 3 readings
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(a) From an examination of the country data for the The Kingdom of Armorika‚ briefly discuss four (4) conclusions you can draw for firms thinking of doing business in that country. Each conclusion should be 100-150 words. (8 marks) Please note only the first 150 words for each conclusion will be marked. Conclusion 1: The Kingdom of Armorika could be a potential market to establish market for luxury goods. The market is characterized by 95% of citizen living in the urban area. The citizens in The
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performance of their officials duties. Two months later‚ MMS‚ which is also regulated offshore oil drilling activities adopt the plan for drilling in the Gulf of Mexico produced by petroleum giant BP to assure the agency that the environmental damage from the spill anywhere would be "minimal or nonexistent". Predict the worst case spill 1500-4600 barrels. MMS approved BP’s plan to set a cement plug to the temporary closure of wells with only a 90-minute telephone conversation between the MMS and BP officials
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An economy or economic system consists of the production‚ distribution or trade‚ and consumption of limited goods and services by different agents in a given geographical location. The economic agents can be individuals‚ businesses‚ organizations‚ or governments. Transactions occur when two parties agree to the value or price of the transacted good or service‚ commonly expressed in a certain currency. In the past‚ economic activity was theorized to be bounded by natural resources‚ labor‚ and capital
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Should the Air Comfort Division institute the 5% price reduction on its air-conditioner units even if it cannot acquire the compressors internally for $50 each? Support your conclusion with appropriate calculations. # of units= $6‚000‚000/$400=15‚000 units+2‚400 units=17‚400 units Before 5% Reduction After 5% Reduction Per Unit Total Per Unit Total Sales Revenue $ 400 $ 6‚000 $ 380* $ 6‚612* Variable Costs: COGS: Compressor 70 1‚050 70 1‚218 Other Direct Material
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Consumer Behavior Homework # 2 Zhakupbekova Zhazira During the recession there have been significant changes in consumer behavior. Most of the customers have switched from higher-priced brands to cheaper ones. According to McKinsey research‚ most of consumers who have changed their choice and now buy less expensive products said that their experience was better that it was expected. For example 48 percent of those people who have tried cheaper cold and allergy medicines were satisfied with the
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