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An "unusual feature of the case" is that G.L. Christian and Associates were not negatively affected financially in any way by the termination of the Fort Polk contract. G.L. Christian and Associates attempted to assign the entire contract to Zachry and Centex, two "highly competent construction companies with extensive experience in large scale ...
In the canonical and moral doctrine there is hardly room for the distinction between a nude pact, or mere agreement, and a contract. The Roman jurist's definition of the former is frequently used by canonists to define contract.
Marshalling is an equitable doctrine applied in the context of lending. It was described by Lord Hoffmann as: [A] principle for doing equity between two or more creditors, each of whom are owed debts by the same debtor, but one of whom can enforce his claim against more than one security or fund and the other can resort to only one.
In many historical societies including ancient Christian, Jewish, and Islamic societies, usury meant the charging of interest of any kind, and was considered wrong, or was made illegal. [3] During the Sutra period in India (7th to 2nd centuries BC) there were laws prohibiting the highest castes from practicing usury. [ 4 ]
Despite his wealth, O’Leary does not loan money to family members. It’s not that he’s too frugal or that he’s heartless, and it’s certainly not because he doesn’t have the money to lend.
Rodney Stark propounds the theory that Christian rationality is the primary driver behind the success of capitalism and the Rise of the West. [64] John B. Cobb argues that the "economism that rules the West and through it much of the East" is directly opposed to traditional Christian doctrine. Cobb invokes the teaching of Jesus that "man cannot ...
Christian finance is a kind of ethical finance following Christian ethics. Although not widely used, [ 1 ] the notion of "Christian finance" or "Catholic finance" refers to banking and financial activities which came into existence several centuries ago [ citation needed ] .
Court Ruling Means 70-Year-Old Couple Must Tear Down Their Home on the California Coast. The two-story mobile home that Michael and Susan Christian own and live in in the Orange County beach ...