PARENS PATRIAE
i) It is the right held by the court to take a reasonable decision on the part of a person who is unable to make one for himself. Usually, such people suffer
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i) It is the right held by the court to take a reasonable decision on the part of a person who is unable to make one for himself. Usually, such people suffer
A finished good that has been created, assembled or borne out of other parts and/ or components.
The usage of the Pareto principle in order to prioritize, or rank a number of different items which vary in terms of their significance. The objective of the Pareto analysis is to
Regarded as one of the seven different tools used for primary quality control purposes, the Pareto chart is basically a bar graph that depicts different variances by the number of times that
A condition in which economic efficiency reaches a state where no one can be made better off by making someone else worse off. It is also commonly known as the Pareto Optimality
A theory which states that if a larger number of people, or agents are contributing to any result, the major part of the portion, around 80 percent is because of the minority,
A situation in which there are a number of small scale sellers, while the large sellers are lesser in number.
A situation in which there are a number of small scale buyers, while the large buyers are lesser in number.
Created and signed back in 1883, the Paris Convention provided a couple of different rights, specifically i) Any citizen, or resident of a signatory country, will be able to gain access and
French alternative to the London Interbank Offered Rate
Maintaining equality between two entities.
A law which states that work is spread over the time given for its completion. It states that a large sized bureaucracy will generate for itself a significant amount of work in
A contract made solely on word of mouth. Or, a partially written contract; collateral contract or an express contract that is not based upon a deed.
Testimony provided by any witness in court, verbally.
Fragmenting a block of data by pertaining to a set of rules, making it much easy to interpret, manage and transmit through a computer.
Allowance provided by a religious constitution to a clergy they have ordained. Primarily, the parsonage allowance covers the fair market rental value of the house, as well as any maintenance costs that
A unique code given to any part that can be used to identify that ‘part’ without referring to any manual or list. The manufacturing date of the item, model number, etc. might
A rule which states that if a payment is made in parts, it cannot be used to satisfy for the entire sum that is due.
An analysis which treats a certain sector of the economy as though it is operating in complete isolation from the other sectors within the economy.
Completion of an act that forms a portion of a contract. A generally accepted rule suggests that partial performance can be accepted, though the contract is not considered completed until full performance
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