First page of the edition of the Napoleonic Code. Civil law is the legal system used in most countries around the world today. In civil law the sources recognised as authoritative are, primarily, legislation—especially codifications in constitutions or statutes passed by government—and custom. Modern civil law systems essentially derive from the legal practice of the 6th-century Eastern Roman Empire whose texts were rediscovered by late medieval Western Europe.
If books can be had much cheaper from Ireland which I believe, for I bought Blackstone there for 24s. In transactions of trade, it is not to be suppos'd that like gaming, what one party gains the other must necessarily lose.
The gain to each may be equal. If Law enforcement budget process essay had more corn than he can consume, but wants cattle, and B has more cattle but wants corn, an exchange is a gain to each; hereby the common stock of comforts in life is increas'd.
Benjamin Franklin, reference is to William Blackstone's Commentaries on the Laws of England,now from the University of Chicago Press, 4 volumes, ; Franklin has here described the form of a positive sum game You die. The original zero sum game. Von Neumann substantially invented the digital computer.
He built the prototype in the basement of the Institute for Advanced Study at Princeton, although it was later torn out, despite its historical value, because the Institute doesn't believe in machinery. One of the most conspicuous and durable contributions of Game Theory is the distinction between positive, negative, and zero "sum" games.
A "zero sum game" means the values found at the end of the game or transaction are equal to the values at the beginning, so that the difference the "sum" of a substraction is zero. Another way to look at it is that if one player ends up in possession of greater value at the end of the game than he did at the beginning, his gain must have come from the loss of the other player.
Popular games, from chess to baseball, where one player wins and the other loses, are zero sum games because, where the only value is winning, one player wins and the other loses.
People with Cargo Cult conceptions of economics, where wealth simply exists in fixed quantities, and everyone deserves their slice of the "pie," will think of economics as a zero sum game, so that the successful have acquired their wealth at the expense of others.
A good example of that is in the original Wall Street movie , where "corporate raider" Gordon Gekko Michael Douglas flatly asserts that business is a "zero sum game," where money simply moves from losers to winners.
This reflects the Leftist, Cargo Cult ideology of director Oliver Stone and co-star Martin Sheen, who have consistently disgraced themselves with fawning adulation for communist dictator Fidel Castro. However, free economic transactions are generally positive sum games.
This was already understood with great clarity by Benjamin Franklin: The quantity of corn and cattle may be the same at the beginning and end of the exchange, but the surpluses of corn and cattle are useless in themselves to their producers.
In the end, each has more of what he can use and the value of the whole has increased. In free economic exchanges, neither party may get exactly what they want, since a vendor would always like to sell for more, and a buyer would always like to buy for less, but the voluntary nature of the exchange means that each must compromise with the other.
On the other hand, robbery is a negative sum game. The exchange is involuntary. One party is left with nothing, while the other party, the robber, has acquired goods that are worth less to him than they had been to the original owner.
Usually, the best that the robber can do is recover a fraction of the value of his loot by selling it to a fence. The fence will only buy at a deep discount. Very often the robber acquires things that were only of personal value to their owner and that the robber realizes will be worth nothing to him.
So he throws them away. This is frequently the most painful aspect of burglary and robbery. Television sets or cash are usually fungible -- i. Sometimes robbers deliberately destroy homes and personal items in acts of vandalism, just to express their contempt and hostility for their victims.
This is a particularly ugly manifestation of human nature, but not at all uncommon. The wicked not only have no sympathy for their victims; they despise them. There is one kind of free market exchange that is a negative sum game. That is short trading. This is a negative sum game just because it occurs with falling prices.
The value at the end of the business is thus necessarily going to be less that at the beginning. The only question is who gets stuck with the depreciated asset. The skill of short trading, and it is a skill that specialists exercise best, is to make sure that others get stuck with the loss.
As prices fall, the short trader borrows stock or some other asset, sells it, and then buys it back, for less, after the price has gone down. This leaves the original owner of the stock, who might simply be a broker, back in possession of an asset that has lost its value, while the short trader has made a profit in the standard way -- of buying low and selling high, although the sequence is reversed.
Short traders often have a bad reputation. They are not liked because, as "Bears," they profit from a falling market, where mostly everyone else loses.
Also, they may engage in spreading rumors or other manipulations that encourage or even cause falling values George Soros, a short trading master, has been accused of this.
It is also possible for them to engage in "naked trading," where they don't even bother to borrow an asset, but sell with a promise to deliver, and then wait to deliver the asset after they buy some with the money from the sale.
This is of questionable, at least, legality.The Business Procedures Manual serves several purposes. Primarily, it sets forth the essential procedural components that each institution within the University System of Georgia must follow to meet both Board of Regents policy mandates and the statutory or regulatory requirements of the state of Georgia and the federal government.
Trial Set to Begin in Deadly White Nationalist Rally. The man accused of killing a woman during a white nationalist rally in Charlottesville last year is headed to trial. Wake Forest Law offers a variety of courses in many areas of legal theory and practice. Below you will find a complete course listing.
You can also find lists of courses that satisfy the Experiential Learning Requirement, Legal Analysis, Writing, and Research III Requirement, and Legal Analysis, Writing, and Research IV Requirement.. sort by . Survey of the law of agency and partnerships, corporations and other business structures.
Study of: the law governing formation, control, liabilities, property, dissolution and disposition of partnerships; internal and external relations of partners; and close and public corporations, their origins, structure, rights and liabilities of management and shareholders. Pay Data Collection and the EEO-1 Survey.
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Lipnic has issued a statement about the OMB Decision on EEO-1 Pay Data Collection. Instructions for filing the EEO-1 Survey, which will not include the collection of pay and hours worked data, are now available..
Final Rules on Employer Wellness Programs. German University In Cairo. Student interns work on circumstances supervised by full-time faculty members, and have primary duty for the representation of their purchasers at all stages of the legal process, including interviewing and counseling, negotiation, reality investigation, depositions, drafting and briefing, and courtroom appearances.
Jun 11, · We offer the writing tutorial with 25 Best Process Essay Topics. 25 Best Process Essay Topics For Good Writing A process essay is a type of essay writing that describes specific or chosen procedure. There are two types of process essays: informational (describes and analyzes a process) and directional (give instructions how to accomplish a process). Regent Law JD – Where Knowledge, Skill & Integrity Meet. Regent's Juris Doctor (JD) law degree is academically excellent and competitive with law schools nationwide. The Business Procedures Manual serves several purposes. Primarily, it sets forth the essential procedural components that each institution within the University System of Georgia must follow to meet both Board of Regents policy mandates and the statutory or regulatory requirements of the state of Georgia and the federal government.