the destruction of profit and its consequent liability has a crucial role in regulating legal and social relations. in contracts, like hire, sale and sharecropping and also in extra contractual liability such as destroying, usurpation and receiving, lawyers and jurists have partially argued about the subject and have tried to offer a legal and jurisprudent interpretation, in order to compensate...

“obligation”, “dette” and “droit personnel” are three important and correlative legal terms in civil law that have been introduce into persian legal literature with improper translation. the failure to distinguish them from common terms in islamic jurisprudence like “dein” and “eltezam” have caused conceptual confusion between special terms of two great legal systems: civil law and islamic law....

In this volatile post-COVID environment where customers look for ways to order products online using personal computers and mobile devices, a traditional sale/delivery of via single distribution channel needs be reassessed. As revolutionary alternative conventional channel, paper proposes an omni-channel strategy. The aims maximize the customer shopping experience by diversifying integrating pr...

To match the observed patterns of protection over business cycle, I add unemployment into two models of trade policy: ‘Protection for Sale’(1994) and ‘Trade Wars and Trade Talks’(1995) by Grossman and Helpman. The source of unemployment is …nancial frictions: as in Aghion et.al. (2009) …rms with pro…ts less than a random threshold are liquidated. With small shocks protection goes up to save emp...

MEN WHO grow vegetable seeds for sale engage in a specialized and highly competitive farming operation. They compete to maintain superior strains of most standard varieties and to develop new varieties. Most of the large vegetable seed companies have well-qualified staffs to develop and maintain stock seed, from which is produced seed for the market, mostly by farmers who have contracts with th...

In multi-item inventory with very large number of items in retail sale stores, purchase dependency in demand amongst the items can be described by association rules mined from sale transaction data. With the knowledge of association rules, inventory replenishment policy can be designed which will result in low inventory cost and better profitability. The relevant inventory costs include the cos...

learns or should have learned of the risk created by its fault.” Jablonski v. Ford Motor Co., 955 N.E.2d 1138, 1159 (Ill. 2011) (emphasis added). See also Comstock v. General Motors Corp., 99 N.W.2d 627, 634 (Mich. 1959); Kozlowski v. John E. Smith’s Sons Co., 275 N.W.2d 915, 922 (Wis. 1979); Downing v. Overhead Door Corp., 707 P.2d 1027, 1032 (Colo. Ct. App. 1985); Wilson v. U.S. Elevator Corp...

The Statute of Budva dates from the time of Nemanjics. This medieval document was approved at the time Budva was under venetian dominion and remained in force until the end of the Venetian Republic. During 17th century the Statute was translated into the Italian language. The document includes regulations which indicate a concern for the health of the public. Among the regulations is one which ...

We propose an equilibrium model to study the impact of short-sale constraints on market prices and liquidity in imperfectly competitive markets where market makers have significant market power and are averse to inventory risk. We show that shortsale constraints decrease bid because of the market power and increase ask because of the risk aversion. Our model can therefore help explain why short...

This paper argues that the introduction of a short-sale constraint in the ArrowRadner framework invalidates standard definitions of complete and incomplete markets. In this constrained set-up, two threshold values with familiar properties arise. The case of a zero short-sale bound set on some security fulfills the standard definition of “incomplete” financial markets. Beyond a particular level ...