Shareholder Rights, Hidden Defects, and Business Structures
Shareholder Rights in Transformations
The right of separation informs shareholders of major company changes, allowing dissenters to exit with compensation. Capitalist structures involve increased regulation, defined voting rights, clear exit strategies, and structured profit distribution. Personalist structures offer less regulation and more flexibility, granting influence in management decisions but restricting exit rights and tying profit sharing to partnership agreements.
Hidden Defects in Sales
Read MoreBritish Politics & Constitutional Evolution: 1990s to Present
The Political Landscape of Britain in the 1990s and Beyond
During the third term of Margaret Thatcher’s Conservative government, infighting, resignations, and economic recession were the main constants. Despite progress toward the center by the Labour Party, in 1992 the Conservatives won again, with John Major at the forefront. The economic policy undertaken during a period of crisis, coupled with EU requirements, discredited the Conservative government. The party began to split into two factions
Read MoreCommercial Contracts: Legal Theory and Key Features
Item 8: Commercial Contracts
General Theory of Commercial Contracts
Commercial contracts are a legal business, laying up, modifying, or extinguishing obligational legal relations of a civil patrimonial character. For a contract to be considered a commercial contract, it must involve a business or an entrepreneur in their trade, or it must fall within the scope of the commercial code. Contractual obligations are those arising from contracts. The biggest difference between civil and commercial matters
Read MoreKey Political and Economic Terms of the 18th and 19th Centuries
Definitions
Old Regime: A set of political and social institutions that governed cultural life in Europe from the end of the 15th century until the 18th century. The term was first used by revolutionaries in 1789 to refer to the existing order before the revolution. From a political standpoint, it is characterized by the existence of absolute monarchy. From a social standpoint, it is characterized by the existence of a stratified society with privileged groups and low social mobility. From an economic
Read MoreArturo Illia’s Presidency and the Argentine Revolution
Arturo Illia’s Presidency
Arturo Illia’s presidency, with Carlos H. Perette as Vice President, began on October 12th. Illia outlined several key aspects of his agenda:
- Respect the independence of the judiciary
- Respect provincial autonomy
- Work to eliminate unemployment
- Take full advantage of all factors of production
- Defend the value of the national currency
- Cancel oil contracts with foreign companies
- Improve the technological level of agriculture
- Modify land tenure to facilitate access to ownership for producers
Key Concepts of Political Philosophy: Consent, State, and Law
Key Concepts of Political Philosophy
Consent: The free and voluntary agreement of an individual to join a political community. It’s synonymous with a contract, covenant, or agreement. Consent can be:
- Express: Explicitly and clearly given to establish a new community.
- Tacit: Implicitly given by an individual simply by living in and benefiting from an established community.
State of Nature: The condition of individuals before forming a civil society through a social contract. In this state, people are
Read More