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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.
Ratification - Law of Agency and Partnership However this is the adoption or confirmation through a person of a contract previously entered in through another. Well
Explain the term - Policy change The role of the policy entrepreneur has several implications for our understanding of the policy process. While social scientists often look to
SUBSIDIARY LEGISLATION: Moreover this is subordinate or delegated indirect legislation. In fact section 2 of the Interpretation and General Provisions Act specified subsidi
STATUTE LAW: There this is an Act of Parliament. Whether this is law made through parliament directly in exercise of legislative power conferred upon it through the constitut
State Article 8 of Universal Declaration of Human Rights. Article 8 - 'Everyone has a right to an effective remedy by the competent national tribunal for acts violating t
What are the features of the OMC process Participation is also seen as a central feature of the OMC process, especially if it is to be extended beyond 'top-down' to encompass '
Advantages of Negotiable Instruments (i) A negotiable instrument provides a creditor regarding a better remedy, since once it has been issued like or accepted whether applicab
COMPANY MANAGEMENT: A company, being an artificial person, cannot manage its own affairs. It is therefore not surprising to find that the articles of every registered company
Formation of Contract - Law of Contract However a legally binding agreement prepared between two or persons or more parties. Whereas it has also been explained as a promise o
Liability of auditors: It would cover any act of negligence - any actionable wrong by an officer of a company which did not involve any misapplication of the assets of the com
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