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Net Neutrality

Net neutrality is a principle that advocates for equal treatment of all internet data on networks, regardless of the content, source, or destination. It seeks to prevent internet service providers (ISPs) from discriminating against certain types of data or services. Key Principles of Net Neutrality: Arguments for Net Neutrality: Arguments Against Net Neutrality: Current Status: […]

3 mins read

Basel Iii

Basel III is a set of international banking regulations designed to improve the global banking system’s resilience and reduce systemic risk. It was agreed upon by the Basel Committee on Banking Supervision (BCBS) in 2009 in response to the 2008 financial crisis. Key components of Basel III: 1. Liquidity Requirements:– Minimum liquidity ratios require banks […]

4 mins read

Promissory Estoppel

Promissory estoppel is a legal doctrine that prevents someone from making a promise that they will not keep. Elements of promissory estoppel: Requirements for a valid promissory estoppel: Examples of promissory estoppel: Legal consequences of promissory estoppel: Additional notes: FAQs

2 mins read

Property Rights

Property rights are fundamental legal protections that define the ownership and use of property. They encompass a wide range of rights and responsibilities associated with the ownership and control of assets. The most common property rights include: 1. Ownership:– The right to own and control property as an individual or a group.- Includes rights to […]

2 mins read

Common Law

Common law is a body of law that originates from judicial decisions made by courts in England. It is a shared law that applies to all members of society, regardless of their social status, property holdings, or nationality. Sources of Common Law: Key Principles of Common Law: Major Areas of Common Law: Historical Context: Common […]

3 mins read

Boilerplate

Definition: Boilerplate refers to common phrases, clauses, or sentences that are often reused in various contexts. These phrases are typically used in formal documents, legal contracts, or software code. Examples: Formal Documents: “The above-named parties hereby agree to…””In consideration for…โ€”The terms and conditions of this agreement…โ€ Legal Contracts: “The XYZ Company and ABC Corporation…โ€”Effective as […]

1 min read

Tort Law

Tort law is a branch of law that governs civil wrongs, also known as torts. It encompasses a wide range of legal issues, including: Types of Torts: Elements of a Tort Claim: Types of Damages: Procedure: Tort law cases are heard in civil court. The plaintiff must file a complaint outlining the allegations of wrongdoing […]

3 mins read

Implied Contract

An implied contract is a legal relationship between two parties that is not explicitly stated in a written document but is inferred from the parties’ actions and the law. Elements of an implied contract: Types of implied contracts: Examples of implied contracts: In general, implied contracts are created when: It is important to note that: […]

2 mins read

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