protect intellectual property for two main reasons. One is to give statutory expression to the moral and economic rights of creators in their creations and the rights of the public in access to those creations. The second is to promote, as a deliberate act of Government policy, creativity and the dissemination and application of its results and to encourage fair trading which would contribute to economic and social development. The term ‘Intellectual Property’, denotes rights over intangible object of
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picture to its investor. The lack of internal controls allowed manual adjustments to be made in the system thereby minimizing any chance of detection. The absence of proper checks and balances and segregation of duties made it easier for fraudulent acts to be done. 2. Company Culture The consistent pressures from top management created an aggressive and competitive culture that did not contain any communication of the need for honesty or truthfulness or ethics within the company. The top management
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the last two decades of the 20th century has forced the banks to introduce the e-banking operation for their sustainable growth in an expanded competitive environment. E-banking has made the financial transactions easier for the participants and has introduced wide range of financial products and services. At the same time it has amplified the existing risks as faced by traditional banks as well as has created new types of risks for banks. This paper presents a brief picture about all the
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system different from payment systems such as M-Pesa or PayPal. First, this system supposedly eliminates the need for any financial intermediary such as banks or credit companies to handle payments (McMillan & Metz n.p). Next, the basic premise is that this system is irreversible and less expensive as compared as compared to other conventional banks as well as credit card transactions. Further, Bitcoin transactions are anonymous as only users authenticate transactions. Bitcoin is acquired through
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Investigations (FBI), n.d.). Theories The following theories assist law enforcement and government official by showing how and why organized crime evolved. These theories give a better explanation as to why members of organized crime groups commit illegal acts. In a paper previously written by myself, the following was discussed: There are empirical and speculative theories that are applicable to organized crime and criminal behavior. The rational choice theory “first emerged in the mid-18th century and
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i.e. letterheads, visiting cards etc. · Prepare firm's name stamp (a common rubber stamp will do). · Open a bank account in the name of sole proprietor business. The bank manager will require a request letter on business letterhead with sole proprietor’s signature and stamp. · Get bank statement of the newly opened bank account. · Apply for National Tax Number (NTN) certificate. Bank account statement and a copy of sole proprietor’s computerized national identity card will be required along with
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business world is most sophisticated and complex one. It needs comprehensive lessons to deal with it efficiently and smartly. The necessity of practical knowledge is very much required. They are as follows: * After achieving practical knowledge it acts as a guideline during the service period. * In improvement of theoretical knowledge adjacent to practical events. * Identification of problem of business unit. Finding out techniques and methods for solving business unit problem. * Enhancement
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The USA PATRIOT ACT, commonly known as the Patriot Act, is an acronym for Uniting and Strengthening America by Providing Appropriate tools required to Intercept and Obstruct Terrorism Act of 2001. On October 23, 2001, Republican Rep. Jim Sensenbrenner introduced H.R. 3162 incorporating provisions from a previously sponsored House bill and a Senate bill also introduced earlier in the month. The next day on October 24, 2001, the Act passed the House 357 to 66, with Democrats comprising the overwhelming
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The USA PATRIOT ACT, commonly known as the Patriot Act, is an acronym for Uniting and Strengthening America by Providing Appropriate tools required to Intercept and Obstruct Terrorism Act of 2001. On October 23, 2001, Republican Rep. Jim Sensenbrenner introduced H.R. 3162 incorporating provisions from a previously sponsored House bill and a Senate bill also introduced earlier in the month. The next day on October 24, 2001, the Act passed the House 357 to 66, with Democrats comprising the overwhelming
Words: 2019 - Pages: 9
system which can be sustained through strict regulations and supervision in order to monitor and control business risks such as Capital Risks, Liquidity Risks, Credit Risks, Exchange Risks, Operational Risks, Market Risks and Legal Risks. Bank regulations and bank supervision are required to facilitate a ‘Systematic Risk Reduction’ approach thus reducing the risk of adverse trading conditions and to ensure that Financial Institutions satisfy at least the minimum ‘Prudential’ requirements in order to
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