LAWS AND REGULATIONS
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: […]
Charter
Sure, here’s the meaning of the word “charter”: Here are some examples of the use of the word “charter”: Here are some synonyms for the word “charter”: Here are some antonyms for the word “charter”: I hope this definition of the word “charter” is helpful. FAQs
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 […]
Promissory Estoppel
Promissory estoppel is a legal doctrine that prevents someone from making a promise that they will not keep. Elements of promissory estoppel: Promission: The promise made by the promisor. Acceptance: The promisor’s reliance on the promise. Misrepresentation: The promisor’s failure to disclose material facts about the promise. Unjust enrichment: The promisor’s gain from the promise. […]
Property Rights
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 […]
Common Law
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: Judicial Decisions: The primary source of common law is the body […]
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 […]
Tort Law
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: Battery: Any harmful or offensive touch. Assault: Threat of harm or battery. Battery: Intentional or negligent harm to the person or their property. Negligence: Failure to […]
Copyright
Copyright is a legal right that protects original works of authorship from unauthorized use and copying. Eligibility: Originality: The work must be original, meaning that it must be created independently by the author and not copied from another source. Fixation: The work must be fixed in a tangible medium of expression, such as writing, painting, […]
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: Two parties: There must be two parties involved in the relationship. Mutual obligation: Each party must have a mutual obligation to […]
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