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Deferred Debts - Disclaimer of assets:
Deferred Debts:
A debt owed to a member as member, i.e. an unpaid dividend, is a deferred debt paid only when ordinary debts have been paid in full.
Rights of Employees:
The effect of liquidation is often to terminate the contracts of service of employees of the company. The company may owe them arrears of wages or salaries which can be preferential debts wholly or in part.
Define the reflect relative policy stance We assume that contributions reflect relative policy stance, then the policy positions are perceived only noisily and we get only expe
What is the meaning of potential harmonization On reviewing the literature on coordination, convergence, and potential harmonization of antitrust laws, we discover several dif
Identify and explain any legal changes which had resulted from Economic changes, Changes in our moral values and Political changes
Mode of Reduction: S.68 (1) expressly states that a company may reduce its capital "in any way". There is therefore no statutorily prescribed mode of reduction and the actual
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State Montevideo Convention Montevideo Convention states : "The political existence of the state is independent of recognition by other States. Even before recognition the st
Explain the Cotton Arbitration Arbitration is a more formal process than mediation and conciliation. Arbitration can take place between two states or individuals of two states
Fraud or improper conduct: English courts have intervened on numerous occasions and lifted the veil of incorporation in order to circumvent a fraudulent or improper design by
Question 1: How does Kelsen distinguish between the act of a gang of robbers and the act of a tax authority? Question 2: Referring to legal theorists you have studied,
Recovery of Premium - S. 44 One partner has paid a premium for another on entering in a partnership to a fixed term such and the partnership is dissolved previous to the expir
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