The laws governing intellectual property are where common-law and code-law systems most obviously diverge.
<h3>
What is intellectual property ?</h3>
The collection of intangible assets that a company or person possesses and is legally entitled to guard against illegal use or application by third parties is referred to as intellectual property.
The concept of intellectual property was developed on the premise that some works produced by the human mind should be afforded the same legal protections as material possessions.
Hence, the difference between common-law and code-law systems is found in the laws pertaining to intellectual property.
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Forgone output is the fundamental economic cost of unemployment. So, output (option (b)) is the right choice.
<h3>Forgone labour output </h3>
Forgone labour output is the amount of money that persons would have made over the course of their remaining working lives, discounted to the current year if they had not passed away too soon. Forgone labour production, like other accounting metrics like the Gross Domestic Product (GDP), is not meant to represent a gauge of society's prosperity. This brings us to the welfare-based approach, which is the second method for estimating the costs of premature death.
The potential for the production of goods and services is lost forever when the economy fails to provide enough jobs for everyone who is able and willing to work.
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Answer:
Explanation Human rights are the basic rights and freedoms that belong to every person in the world, from birth until death. ... These basic rights are based on shared values like dignity, fairness, equality, respect and independence. These values are defined and protected by law
Answer:
d. $757,991.26
Explanation:
Present value of inflows=cash inflow*Present value of discounting factor(rate%,time period)
= (325,000/1.10) + (425,000/1.10^2) + (450,000/1.10^3) + (400,000/1.10^4)
= $1,257,991.25743
NPV = Present value of inflows - Present value of outflows
NPV = $1,257,991.25743 - $500,000
NPV = 757991.25743
NPV = $757,991.26
Answer (1)
In today's world, if any organisation want to remain on the top and competitive, it has to be creative and innovative as well. Creativity is the thinking of an novel idea whereas its implication in the form of actual product or service is known as innovation.
I have an creative idea. In marketing, customer needs to served profitably with meeting their needs. For this purpose they need to be managed effectively. Customer relationship Management is the domain in which each and every single customer's data is saved. Customers are asked for the membership to save their data. Then next time with the help of their name, entire record of theirs can be retrieved. My idea is, instead of asking their name each and every single time, their voice frequency should be saved in the mobile device, which next time when they say "HELLO" can recognize them and present their all data to the concerned salesperson.
Answer (2)
* I have many novel ideas related to hotel industry. As far my interests are concerned, Hotels can have a library in it, which can send customers the books of their interests in their rooms.
* Hotels can start cooking the food inside the customers room in front of them so they can see the live cooking, enjoying the whole process, checking the quality of ingredients.
* Hotels should have that kind of cinema where you can select the movie by yourself.
* Hotel's Kitchen should have open excess to everyone staying in that hotel so they can have interaction with the chefs to check the cooking processes of that hotel.