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Define the term - Credibility and Reputation
Nature and characteristic of the environment in which a policy has been chosen has a number of important implications. As we have argued about , 'credibility' that a policy once adopted shall be carried out and the 'reputation', which implies engendering the expectation that certain policies will be followed in the future on the basis of the actions that to have been observed in the past, play vital role for all the agents in a society; for voters to decide whom to vote and for parties to decide which policy to follow, or at least to which to converge with a view to win the election in the future.
Protection of General Public: It may happen that a resolution reducing a company's capital was passed in circumstances which indicate that the shareholders had not been proper
Liability of Maker of a Promissory Conversely S.89 provides such with the maker of a promissory notice through making it: like (a) Engages such he will pay it according to
The role of expectation of winning the election The role of expectation, of possibility of winning the election and of policy convergence on choice of agenda. In standard mode
Implementation of open method of coordination It is emphasised that OMC might contribute to the dissemination of best practice in the implementation of national development po
What are parliamentary procedures for passing legislation? Parliamentary procedure for passing legislation: A statute can simply be part of law while this has passed the
Express and Implied terms of contract Express terms However the terms of a contract are said to like "express terms" whether the parties themselves adverted to them on
Advantages of Stare Decisis - Flexibility Since of the freedom that final Court of Appeal always has to depart from a previous decision of its own whether the social condi
Agency by Ratification So then Agency by ratification can only arise whether: The agent purported for act to a principal and one is The alleged principal was in exi
Theories of self-enforcing or implicit contracts These theories relate to the problem of limits to which legal compulsion can be employed (due to information or transaction cos
Registration Procedures: The procedures to be followed by persons who intend to form a registered company will depend on whether the proposed company is to be a public company
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