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State the International Policy Coordination
There may be two sources of interdependence between national economic policies, club goods and horizontal spill overs. The first has been considered to be more innovative one and is characteristic for Stage III of EMU. So as far as spill over is concerned; it is more conventional in nature. With reference to EMU, "club goods" are defined as the economic variables that are shared among all member countries. The main club good is the basically unified, competitive market for goods, services, capital, and labour. Additional club goods, such as the price level, emerge from the fact that the member countries share a single currency, a common central bank, and a common payment system.
Compulsory Liquidation : A petition is presented to the High Court under s.218 of the Companies Act. The petition will specify one of the
Condition for liquidation: The liquidation itself may render a charge over the company's assets void in any of the following circumstances: (a) the charge was not reg
General Partner - Liability of Partners The General partner's liability extends for the whole of the debts to the partnership. Thus he is jointly with the other partners. Conv
Good Faith - meetings and resolutions: The directors must act in good faith when calling a meeting,. Thus, in Cannon v Tasks, the directors called the annual general meeting
Common law systems such as that in the United States rely on prior decisions as a principal source for determining cases as they arise. a) What are the five ways that precedents
1. Maryland is one of a few states in which contributory negligence is a complete defense, barring the plaintiff from any recovery. What is contributory negligence? How does it com
Objection to a variation of class rights: The company proposed to reduce its share capital by repayment of the 5% 1 pound Cumulative Preference Shares (which were entitled to
Separate meetings of each group - mergers and winding up: The first ground of objection was valid, ie. if within a single class of shareholders there are groups whose inte
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State Article 29 of international law Article 29 states that a member of a diplomatic mission enjoys immunity from arrest or prosecution.
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