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DFI (Direct Foreign Investment) or FDI (Foreign Direct Investment) are synonymous concepts that describe the general phenomenon of an entity from one country, investing i...
1 Answers | 55 Views
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Everyone knows about investing in a new machine or office furniture, but what is an investment in human capital? Simply, you can have the most technologically advanced ma...
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Contract law is the body of law that governs contracts -- that is, agreements between two or more parties to do or not do something, and/or to exchange goods, services or...
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The necessary elements that constitute a contract are as follows: 1) The offer and acceptance of an arrangement; 2) An exchange of consideration, and 3) Two or more parti...
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Breach of contract occurs when one party to a binding contract violates the terms of the contract. For example, if the contract states that one of the parties will paint...
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There are a number of elements necessary in order for a court to rule that a contract entered into was binding: 1) The parties must have been competent to be bound by a c...
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A binding contract is a contract that is not susceptible to a defense in court. If there is a disagreement during a transaction governed by a contract, one of the partie...
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What makes a contract legal (as opposed to legally binding, which is a different thing) is not being illegal for some reason. An example of an illegal contract is one whi...
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A legal contract is one that is not for some reason illegal. An example of an illegal contract is one that would require one or both of the parties to perform an illegal ...
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Simply put, the terms of a contract are the things that the parties to the contract agree to do. For example, "The buyer must pay the deposit to the seller on the date of...
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A business contract is a contract between a business and a person or between two businesses. A contract recites the terms agreed upon between the two parties. If there ...
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Intellectual property covers intangible 'products of the mind'. This covers things such as songs, inventions, phrases, words, symbols and so on. Intellectual property rig...
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Intellectual property law is the law that governs the protection of ideas from inventors and artists. Intellectual property law may be divided into patent law, copyright...
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Intellectual property theft and Intellectual property infringement are two different theories. Intellectual property is a legal concept where the government awards legal ...
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Intellectual property is a legal concept where the government awards legal protection for ideas that are new, pioneering, or not obvious from what is currently in the mar...
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Legal advice is when an 'officer of the court' (i.e. a lawyer) gives a formal opinion to someone on the legal consequences of a particular course of action, and the recip...
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I've never specifically heard the term accounting profit before but I suspect it is an attempt to differentiate between cash flow and reported GAAP profits. Normally peop...
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Tax accounting is referred to accounting for tax purposes. It is an accounting technique used in the United states to organize financial statement rather than using the G...
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