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monetary item
Money Matters
Making sound financial decisions is key to achieving well-being in life. It might be argued that money cannot buy happiness but it can significantly help bring stability. To make wise decisions financially, it is important to understand why money matters and the consequences of how ......
1030 
Sophia
full performance
FULL PERFORMANCE LAW
Full performance law is the legal doctrine that requires complete and accurate performance of a contractual agreement according to its terms. This is distinct from partial performance, which is a situation where a party has partially met its obligations under the contract but ......
potential entrant
The Myths and Laws of Society
Since the dawn of civilization, societies have had certain rules and laws that their citizens must abide by. These laws are enforced for the good of the people, protecting the rights of everyone in the community. While some of these laws are simple, many of them have......
statistical decision making
Statistical Decision Making
Decisions are integral to our daily lives and involve analyzing data, evaluating risks and weighing potential outcomes. Statistical Decision Making (SDM) is a formal process that is used to identify, analyze, and arrive at a decision when faced with different courses o......
silence effect
The Silent Effect
In today’s world, the issue of “the silent effect” is becoming increasingly prevalent. The term “the silent effect” refers to a phenomenon in which vocalized support or solidarity from one group of people goes unnoticed or unheard by another group. This phenomenon can be s......
team spirit
Team spirit is an intangible thing that expands beyond a simple definition. Its a force within a group of people, like a football team or a military division, that binds them together. It encourages them to work together and gives them purpose, especially during the toughest times. Its not about c......
groupthink
Once upon a time there was a group of people who were part of a culture that still remains unknown to this day. They were what could be described as a ‘tribe’, but that is not quite the right word for it. In the group, there was a leader who would be referred to as ‘the elders’ and they would ......
full inductive reasoning
An Introduction to Fallacy
Fallacy is the use of invalid arguments with the intent of persuading someone to alter their opinion or belief. A fallacy is an error in reasoning or argumentation that can lead to a false conclusion. Fallacies can take many forms and can be used in simple conversations ......
liability risk
The Risk of Liability
The concept of risk and liability exists in almost every aspect of life and is a crucial factor to consider when making decisions. Whether a business is considering the investment of a new product, or an individual is deciding whether to engage in a new activity, the risk of......
Creditor's right of rescission
Introduction
A revocable power of attorney, sometimes known as a springing power of attorney, is a legal document that allows a person, called the “principal,” to give another person, called the “attorney-in-fact” or “agent,” the authority to act on their behalf. The principal retains the ......
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