Clearing and Settlement in Financial Markets: Importance and Process
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Classified in Law & Jurisprudence
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Classified in Law & Jurisprudence
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Designed to protect the general public by dealing with behavior that is not necessarily morally wrong but nonetheless affects the peace and safety of the community.
At C/L any voluntary action that disturbed a community’s peace without lawful justification or excuse was considered a crime.
N.J.S.A. 2C:33-2, which proscribes disorderly conduct, provides:
Classified in Law & Jurisprudence
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Institutions to organize the people.
Formed by: population, territory
Under: The power of the state
Functions: established laws, enforce laws, govern
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An entity with the capacity to have rights and obligations.
A group of different people joined together with a common purpose. There are two types of collective entities:
Cannot divide profits among its members.
Profit can be divided. These are commercial and civil legal entities.
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People in my neighborhood pay annual dues to a neighborhood association. This association refunds neighborhood dues to selected homeowners who do a particularly nice job in beautifying their yards.
If the neighborhood association provides a refund to homeowners who do a nice job beautifying their yards, they are providing an incentive for other neighbors to beautify their own yards and a subsidy to make the neighborhood beautiful. By providing more of this good, they provide with a positive external social benefit for the whole neighborhood.
The neighborhood association collects annual dues with the purpose to provide external social benefit. If the neighborhood looks
... Continue reading "The Impact of Refunds on Neighborhood Beautification" »Classified in Law & Jurisprudence
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This story began a long time ago when I was ordering the memories of my recently deceased grandfather. Among his memories, I found a dirty box full of photographs, letters and postcards. Among all his belongings was a closed letter with my name. In the envelope, I could read "For my granddaughter." When I opened the letter and read the text, I could not believe what I had written. In this letter, my grandfather explained to me that when he was young, he and his brother found an incredible object. However, for security reasons, they decided to hide it in a safe place. What do you think that happened?
One of the most exciting team activities you can do in the natural environment... Continue reading "Exciting Rafting Adventures and Personality Tests for Job Candidates" »
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1973 COURT GUIDELINES .351 abandoned requirement 'utterly without redeeming social value.'
New guidelines:
MODEL PENAL CODE – test based on review: material is obscene if its 'predominant appeal' to ordinary adults’ morbid interest in nudity, sex or excretion. .352
OBSCENITY AND THE INTERNET – Communications Decency Act of 1996 (CDA).
Reno v. ACLU,... Continue reading "Obscenity and Sexual Offenses in New Jersey Law" »
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A brand of philosophy that focuses on moral issues.
The study of morality and standards of business conduct.
E.D. - Having to make a choice between two competing but arguably valid options.
E.L. - Decision that is contrary to an individual's beliefs and policies of the company.
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Basically, the main differences between these corporate forms are related to (a) equity required, (b) equity transferability, and (c) formalities.