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State the Definition of equilibrium
The approach of equilibrium refinements aims at strengthening the definition of equilibrium itself in order to purge others out as possible equilibria. This is attained by putting constraints on how beliefs are formed. Agents are thereby restricted from making incredible policy promises.
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Determine about the Principal-agent theories Wwhich concentrate especially on the problems of asymmetric information among the parties to a contract: the impossibility to perfe
Minimum subscription - Commencement of business: If the minimum subscription was not raised the company can only commence business or exercise borrowing powers if:- a)
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QUESTION 1 Domain names deliver the address of companies on the Internet and are equivalent to the business address in the physical world. As more and more companies utilize th
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QUESTION 1 What are the consequences of a unilateral modification of a contract of employment of indeterminate duration by an employer? QUESTION 2 (a) In what circumsta
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