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Communication between states which have Hindi as an official language must be in Hindi, whereas communication between a state where Hindi is an official language and one where it is not Hindi and must be in English, or, in Hindi with an accompanying English translation (unless the receiving state agrees to dispense with the translation). [12]
International trade law includes the appropriate rules and customs for handling trade between countries. [1] However, it is also used in legal writings as trade between private sectors. This branch of law is now an independent field of study as most governments have become part of the world trade, as members of the World Trade Organization (WTO ...
Commerce is the organized system of activities, functions, procedures and institutions that directly or indirectly contribute to the smooth, unhindered large-scale distribution and transfer (exchange through buying and selling) of goods and services at the right time, place, quantity, quality and price through various channels among the original producers and the final consumers within local ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
As pointed out by Sandro Nielsen in 1994, law dictionaries can serve various functions. The traditional law dictionary with definitions of legal terms serves to help users understand the legal texts they read (a communicative function) or to acquire knowledge about legal matters independent of any text (a cognitive function) – such law dictionaries are usually monolingual.
[2] [3] [4] It has been variously described as a science [5] [6] and as the art of justice. [7] [8] [9] State-enforced laws can be made by a legislature, resulting in statutes; by the executive through decrees and regulations; or by judges' decisions, which form precedent in common law jurisdictions.
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The official languages of British India were English, Urdu and later Hindi, with English being used for purposes at the central level. [2] The Indian constitution adopted in 1950 envisaged that English would be phased out in favour of Hindi, over a fifteen-year period, but gave Parliament the power to, by law, provide for the continued use of English even thereafter. [3]