restrains Member States from regulating their relevant rules outside the scope of UCPD. As UCPD only governs the commercial practices between traders and consumers as defined in Article 2, it is imperative to discern which matters fall within the scope of UCPD, which are not. Secondly, the managing a wide assortment of commercial practice of the UCPD correspondingly arises the necessary to examine the comparability of domestic measures with those under UCPD. Additionally,…
A well-founded emphasis on consumer rights results in renewed attention to market integration and competition. The wide choice of products and services combined with thriving competition within the Internal Market will ensure consumers are protected as there is improved market transparency and comparability of prices. Unfair commercial practices such as misleading advertising will impact the economic interests of consumers as they would not take an informed transactional decision. Consequently,…
painting that was described in an auction catalogue as being by a German impressionist artist Gabrielle Munter. The claimant purchased this painting in the auction for £6,000. The buyers sent a specialist to inspect the painting before finalizing the payment. The buyers discovered that the painting was a fake and was worth no more than £100. They brought an action based on s.13 Sale of Goods Act in that the painting was not as described. Consumer Protection from Unfair Trading Regulations…
(2012, August 09). U.S. banks’ Dodd-Frank costs may widen to $34 billion, S&P says. Bloomberg. Retrieved November 13, 2012, from http://www.bloomberg.com/news/2012-08-09/u-s-banks-dodd-frank-costs-may-widen-to-34-billion-s-p-says.html Kelton, E. (2012, November 13). Hang it up, Wall Street. Dodd Frank is here to stay. Forbes. Retrieved Nov 24, 2012, from http://www.forbes.com/sites/erikakelton/2012/11/13/hang-it-up-wall-street-dodd-frank-is-here-to-stay/ Koba, M. (2012, May 11). CNBC…
Question One Advantages of a sole proprietorship include complete control over decision-making, simplicity in its structure, and its profits are only taxed once as personal income since it goes directly to the owner. Disadvantages include being personally liable for the debts of the business, having limited funds since it comes from the owner’s own money, and not being investor friendly because of investors are hesitant to give money to a business with only one decision-making head. Similar…
There are many controversies surrounding free trade, especially because there are no regulations in free trade. Yet by many economist free trade is very helpful for the economy, and to prove it there are many countries now that have benefited from adopting free trade ideas. The United States is one of several countries that has adopted free trade and has truly seen a growth in their economy because of it. The United States has now made many trade agreements that has highly influenced their…
Antidumping Policies Management Focus: U.S. Magnesium Seeks Protection THE CASE FOR GOVERNMENT INTERVENTION Political Arguments for Intervention Country Focus: Trade in Hormone-Treated Beef Economic Arguments for Intervention THE REVISED CASE FOR FREE TRADE Retaliation and Trade War Domestic Politics DEVELOPMENT OF…
However, he told beyondbrics the “3 per cent devaluation was a token gesture” and he “would not rule out further downward moves in the future”. Ajith Nivard Cabraal, governor of the central bank, confirmed the devaluation would go through on Tuesday – the central bank controls exchange rate movement within a trading band. The rupee is currently trading at Rs110.39 against the dollar. The devaluation is sure to please the IMF, which in early September remarked that non-borrowed reserves – those…
colleagues at National Bank for their support, especially, The Director – Islamic Banking – Mr. Musa Adan – and all those that contributed in so many ways to the success of this work. MAY GOD RICHLY BLESS YOU ALL! Table of Contents APPROVAL ii ABSTRACT iii DEDICATION iv ACKNOWLEDGEMENT v LIST OF TABLES viii CHAPTER ONE 1 INTRODUCTION 1 Background to the Study 1 Mutuality of risk-sharing 3 Statement of the Problem 6 Objective of the Study 7 Research Questions 7 Significance of the Study 7…
Franklin’s gift, is no longer a primary objective, given the increase in the asset base and the Committee’s understanding that investment policy must accommodate long-term as well as short-term goals. The need for a minimum annual payout equal to 5% of assets must be considered, as well as the need to maintain the real value of these assets. A total return objective (roughly equal to the grant rate plus the inflation rate, but not less than the 5% required for maintenance of the foundation’s…