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State in brief about the term - Reputations
Reputations can be defined as the actions an agent and expected to take. If he takes it up, he establishes his reputation or otherwise. In fact, reputation works mainly in dynamic settings, actions promised and carried out in past establishes reputation of a policy maker which determines the expectation voters would have in their minds while voting besides other things we have already studied earlier. This expectation of voters decides the opportunities the policy maker would have in future. It may involve multiple equilibria.
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
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Imagine yourself in a situation of being encouraged to inflate your expense account. Do you think your choice would be most affected by your individual moral development or by the
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Four main barriers to communications?
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CONDITIONS FOR RELIEF: In H.R. Harmer Ltd (1959) Jenkins L.J. summarised the conditions which must be met before relief under the section can be granted by the court when he s
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