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QUESTION 1
(a) Explain clearly the various sources of Industrial Law(b) The mutual consent of the contracting parties is required for a contract of employment to be valid, but such consent may be vitiated by "dol". Explain clearly what is meant by "dol".
QUESTION 2
(a) What is the difference between remuneration and salary?(b) Section 30(3) of the Labour Act provides:"Where a worker is ill-treated by his employer, he may claim that the agreement has been terminated by the employer." Explain clearly what sort of conduct on the part of the employer is required for the Court to find constructive dismissal.
QUESTION 3
Section 44 of the Industrial Relations Act provides:"The Commission shall provide a conciliation service for the assistance of employees, employers and trade unions." What are the advantages and disadvantages of this conciliation service provided by the Industrial Relations Commission?
QUESTION 4
The inclusion of a "right to work" under Chapter 2 of the Constitution may prove to be extremely problematic
Suppose a firm’s budget were large enough to employ 100 units of either labor or capital, the cost of a unit of labor being the same as a unit of capital. The production function i
Is there an optimum population size for a country? Optimum (best) population arises while productivity that is output per person is highest. • An under-populated country ca
QUESTION a) Differentiate between returns to factor and returns to scale. b) In the long-run the Average Cost Curve is u-shaped. Discuss c) Whenever a firm is making loss
what is reasoa
QUESTION (a) Explain the Law of demand and the factors affecting demand for a product or service. (b) Explain and illustrate diagrammatically how the market demand for a pro
Economic analysis is done from the viewpoint of society or economy as a whole. The evaluation is done from a wider angle not merely in financial terms. . In 1936, Flood Control Act
Question 1: Write short notes on any FOUR of the following: (equal marks each) (a) Law of diminishing returns (b) Barriers to entry (c) Consumption Function (d) Devaluati
Accountants prepare income statements typically in terms of historical costs, in terms of the purchase price, rather than in terms of the current price. The reasons given for this
explain how a price disciminating monopoly increases profits
Is population growth a problem? Quick population growth is a main cause of poverty and arises where population growth go beyond the rate of economic growth. Standards of liv
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