The English word “law” refers to limits upon various forms of behavior. Some laws are descriptive: they simply describe how people‚ or even natural phenomena‚ usually behave. An example is the rather consistent law of gravity; another is the less consistent laws of economics. Other laws are prescriptive - they prescribe how people ought to behave. For example‚ the speed limits imposed upon drivers that prescribe how fast we should drive. They rarely describe how fast we actually do drive‚ of course
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absence of stipulation‚ the legal interest‚ which is six percent per annum.” Clearly‚ the indemnity for interest on a monetary obligation attaches only when the obligor incurs delay‚ that is‚ when he is in default‚ it being a fundamental principle of law that: “Those obliged to deliver or to do something incur in delay from the time the obligee judicially or extrajudicially demands from them the fulfillment of their obligation. (Art. 1169‚
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The Cash Connection Strategic Management Abstract The payday lending industry is a very competitive industry established in the 1990’s‚ designed to give citizens the option to receive a quick fix regarding financial issues‚ in an effort to make ends meet. The main objective for those in the payday loan industry “should be to serve customers in compliance with the rules of the industry and better educate them on the services and products they offer” (Personal Communications‚ 2012). This industry
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The characters of the play display this theme of justice. One character called Shylock demands justice for the money he lent a Christian named Antonio‚ money which he never gets back. Shylock’s conviction is shown: “My deeds upon my head! I crave the law‚ / The penalty and forfeit of my bond” (IV.i.213-214); in the play‚ however‚ it is shown that he never gets his bond. Another character called Portia‚ who dresses up as a male lawyer‚ displays justice as well. She is eager to bring justice to Shylock
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Constitutional Laws Constitutional law is the branch of law relates the relationship between the judiciary‚ the legislature‚ and the executive. Constitutional law is responsible for setting out the government’s general operating framework. Constitutional laws usually determine the scope of the terms contained in constitutions‚ and their applications. Constitutional laws cover various areas of law‚ such as individual rights‚ relationships between various bodies of governments‚ legislative
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this statement? Does Shylock deserve his punishment? Shylock is punished by the Venetian court for seeking to end Antonio’s life. He is charged under a Venetian law (of Shakespeare’s creation) and he is forced to give up his wealth and to beg the Duke to spare him his life. Viewed like this it seems simple enough; Shylock broke a Venetian law and‚ as a consequence‚ is punished. However‚ Shylock’s case is far from simple. Antonio’s demand that Shylock should renounce his Judaism and become a Christian
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I Believe DRAMA: 1. You may write on the symbolism of the three caskets found in The Merchant of Venice. 2. Historical background work to uncover the historical events and life at the time of the play. For example‚ groups can research Jews‚ usury‚ Venice at that time etc. 3. Attempt a brief scene wise summary of Act 1 and 2 of Merchant of Venice. 4. Describe how the major elements in the play are introduced in the opening scene: a. Trade and Commerce. b. Images of the sea‚ ships‚ fortune
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Loan Syndication: A General Discussion Written by: Adv. Rajib Ahmed Meaning of Loan Syndication: Loan syndication means a loan offered by a group of lenders (banks or financial institutions) worked together to provide funds for a single borrower. It is a process of involving several different lenders in proving various portions of loan. Loan syndication most often occurs in situations where
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The Character of Shylock in Merchant of Venice Few characters created by Shakespeare embodies pure evil like the character of Shylock in The Merchant of Venice. Shylock is a usurer and a malevolent‚ blood-thirsty old man consumed with plotting the downfall of his enemies. He is a malignant‚ vengeful character‚ consumed with venomous malice1; a picture of callous‚ unmitigated villainy‚ deaf to every appeal of humanity2. Shylock is the antagonist opposite the naive‚ essentially good Antonio
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ABSTRACT This paper aims to explore the concept and modus operandi in Bai’ al-Salam‚ one of the types of transactions that allowed Syara’ based on human welfare‚ which allows the sale of something which does not exist at the time of sale. For this purpose‚ pillars and conditions Bai’ al-Salam will be discussed. Next‚ the paper will discuss Islamic financing through the concept of Bai’ al-Salam which are includes the financing of Bai’ al-Salam in mixed (hybrid)‚ products Bai’ al-Salam as working capital
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