Chap 9- Bilateral contract- a contract entered into by way of exchange of promises of the parties a promise for a promise. Unilateral -a contract in which the offerors offer can be accepted only by the performance of an act by the offeree a promise for an act. Implied in law contract (quasi)-an equitable doctrine whereby a court may award monetary damages to a plaintiff for providing work or services to a defendant even though no actual contract existed. The doctrine is intended to prevent unjust
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working papers The Role of Intellectual Property Rights in Technology Transfer and Economic Growth: Theory and Evidence UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION The Role of Intellectual Property Rights in Technology Transfer and Economic Growth: Theory and Evidence By Rod Falvey Leverhulme Centre for Research on Globalisation and Economic Policy, School of Economics, The University of Nottingham and Neil Foster Department of Economics, University of Vienna In cooperation
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IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: SPECIAL BENCH: NEW DELHI BEFORE SHRI VIMALGANDHI, HON’BLE PRESIDENT SHRI I.P. BANSAL, JUDICIAL MEMBER AND SHRI R.C. SHARMA, ACCOUNTANT MEMBER ITA Nos. 5385 to 5387/Del/2004 Assessment Years : 2000-01 to 2002-03 ITA Nos.2623 & 2624/Del/2008 Assessment Years : 2003-04 & 2004-05 Vs. New Skies Satellites N.V., (Now known as New Skies Satellites B.V.) C/o Price Waterhouse Coopers Pvt. Ltd., Sucheta Bhawan, 11-A, Vishnu Digambar Marg, New Delhi. PAN : AABCN7763R
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[pic] TERM PAPER OF MICRO ECONOMICS ON BUDGET 2009:AN EVALUTION OF ITS EFFECTS ON AAM AADMI INTRODUCTION OF BUDGET 2009 The main challenges outlined by the Finance Minister, Mr. Pranab Mukherjee, while presenting his Budget speech for the short
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Superintendent, along with Internal Audits, and General Counsel reports directly to the Board of Commissioners. Chief of Staff is also under the Superintendent with a direct report from Policy and Legislation. The Chief of Staff has to be ready to act and decide for the Superintendent in the event the Superintendent is unable to perform. The organizational structure of Memphis City Schools is similar to the structure of the Methodist hospital, because there are so many departments, legal issues,
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Digital Piracy DIGITAL PIRACY In a day and age when almost all creative works can be put into digital form and legally distributed, there is also a huge potential for theft. This type of theft is known as digital piracy or intellectual property theft and often results in lost revenue, jobs, and wages. Battling online theft is a daily challenge for copyright owners. Digital piracy occurs when creative works such as graphics, photos, movies, songs, or text are distributed online without the
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4th sem Assignment Risk and insurance management 1. “Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.” Discuss & also describe the significance of insurance in Indian society. As per the statement “Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form
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Does William include the $1000 that he is forgoing in his gross income? Applicable Law Section 109 addresses improvements by lessee on lessor’s property and what would be included in gross income. The only income included in gross income is only rental income. Reg. Sec. 1.109-1 states that the improvements made by the lessee upon the leased property are excluded from the gross income. CIR v. Grace H. Cunningham, 2 AFTR 2d 5511, 58-2 USTC Paragraph 9771 (9th Cir., 1958) The Tax Court found
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Voluntary versus Involuntary Unemployment At a very basic level, unemployment can be broken down into voluntary unemployment- unemployment due to people willingly leaving previous jobs and and now looking for new ones- and involuntary unemployment- unemployment due to people getting laid off or fired from their previous jobs and needing to find work elsewhere. Not surprisingly, economists generally view involuntary unemployment as a larger problem than voluntary unemployment since voluntary unemployment
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company is owned outright by one shareholder, the company has a completely separate personality from that individual. This is confirmed by the leading case of Salomon v A. Salomon & Co Ltd in which the House of Lords held that the company’s acts were its own acts, not those of Mr Salomon personally. As a result, Mr Salomon was not personally liable for his company’s debts. It is worth noting, however, that the Court did recognise that there would be situations in which they would be prepared to move
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