What is the difference between rules and laws

Assignment Help Financial Accounting
Reference no: EM131216112

1. What is the difference between ‘rules’ and ‘laws’?

2. What are the two key ways in which laws are made?

3. What is law made by the courts called?

4. What are the major differences between civil law and criminal law?

5. Why is a court hierarchy important?

6. Australia has a federal system of government. What does this mean? Under what document was the federal system created?

7. Outline the differences between ‘exclusive powers’, ‘concurrent powers’ and ‘residual powers’. What body(ies) exercise these powers? Give examples of areas of law which fall within each of these powers.

Reference no: EM131216112

Questions Cloud

Considering an investment in new equipment : Ray Zor Inc. is considering an investment in new equipment that will be used to manufacture a smartphone. The phone is expected to generate additional annual sales of 4,000 units at $410 per unit. The equipment has a cost of $525,000, residual value ..
What is deductible mileage : Michael holds a full-time job with Brown Company and a part-time job with Tan Corporation. During a workday, he drives 20 miles to Brown, returns home, has a meal, and then drives 15 miles to Tan. Tan is located 12 miles from Brown. What is Michael’s..
What value should the land be recorded : On January 9 of the next year, Kountry Repair Service was offered $300,000 for the land by a national retail chain. At what value should the land be recorded in Kountry Repair Service's records?
Mechanical sensing elements as two port networks : Mechanical sensing elements as two-port networks: - Overall two-port representation -  Equivalent circuit with Thévenin output- show the representation.
What is the difference between rules and laws : What is the difference between ‘rules’ and ‘laws’? What are the two key ways in which laws are made? What is law made by the courts called? What are the major differences between civil law and criminal law?
Which term students believe to be most appropriate : Each student will explore, develop and express in a two to three-page paper, their own thoughts and philosophy in regard to which term they believe to be most appropriate in the practice of Occupational Health and Safety.
What is meant by remoteness of damage : What needs to be established by a plaintiff in order to succeed in an action against an occupier for injuries received on the premises of the occupier? In the tort of negligence, how is it ascertained whether a breach of duty has occurred? In the tor..
Can a collaboration of educations exist : Can a collaboration of educations exist? If so, how? If the decision is made to increase focus, funding, and new hiring for professional and technical fields will this decrease morale for the staff who teach liberal arts?
Examine the spectra of the modulated signals : Develop the demodulation circuit corresponding to Illustration 154. Rectification should be shown by the „absolute value" process (module "arithmetics"), the RC circuit by lowpass filtering. See also Illustration 155

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd