In Ancient India, VEDAS were considered the words emanating from the mouth of God himself and were considered the supreme and sacred injunctions governing supposedly the entire society during the ancient period. It has been to learn the law from the letter of ‘Vedas’ and ‘Upanishads’, the law could be easily ascertained by following indications available there in abundance, either in the form of positive Vidhis or negative Nishedhas injunctions. To quote only a few: (i) Tell the truth, (ii) Never tell the untruth, (iii) Never hurt anyone and (iv) Perform the acts which are not forbidden. An introspection to these ancient literature reveals various commands/dictates/ injunctions/prescriptions regulating different aspects of trade and activities …show more content…
Similarly YAJANVALKYA had also given views on weights and measures in Yajnvalkya-Samhita. The provision about adulteration in Arth-Shastra have been also made. Manu Smriti contains the views on adulteration and punishment therefore. YAJANVALKYA expresses his views of adulteration. Main provisions of “YAJNAVALKYA-SAMHITA” are with regard to transaction of sale and purchase. “YAJANAVALKYA” took into account such hard conditions and framed rules for the protection of purchaser providing him some time to judge the utility of purchased goods and permitting him to return the goods in case the goods were found unsuitable to his needs. The sale of sample is also regulated by “YAJNAVALKYA” when he provided punishment to the trader who deceived a purchaser by showing a different article and changing it subsequently at the time of sale or delivery. In “YAJNAVALKYA SAMHITHA” one finds elaborate mechanism regarding pricing - policy, and profit - ratio charged by the traders on the sold goods. Principle of caveat emptor and breach of warranty is the modern principle of law applicable in sale of goods - Caveat Emptor (Buyer Beware) - finds place in …show more content…
As per the Arthshastra of Kautilya, It was the duty of Superintendents to put the Government product in the market under favorable conditions and to supervise their sales at reasonably rates. Businessmen who cheated or interfered generally with the normal functioning of the market prices were open to heavy punishment. Similarly, Narada and Brahaspati have also laid down numerous laws and regulations to safeguard the interest of buyers and sellers. Alike Mahatma Gandhi attached great importance to what he described as “Poor Consumer” who according to him, should be the principal beneficiary of the consumer
The trial court held for Zapatha. Dairy mart appealed. In Zapatha v Dairy Mart, 381 Mass. 284; N.E. 2d. 1370 there are two issues at hand. 1) Does the unconscionability of an agreement depend on whether at the time of execution the contract provision at issue could result in unfair surprise and was oppressive to the allegedly disadvantaged party; and 2) Whether a merchant seeking to terminate a business agreement must act in good faith by practicing honesty in fact and observing reasonable commercial standards of fair dealing in that trade.
No one, unless forced to, willingly does good. Accordingly, a ruler had to create a body of strict laws with strict punishments.
This is important in modern Hinduism because even in this day and age, the Vedas are still considered the most scared. The Vedas believed strongly in offerings to the gods to bring good
These questions will be answered throughout the essay in four different sections. First, I will discuss the history of the law, and if it was a market or government failure. Second, I will discuss the implementation of the law. Third, I will address the impact the law has had on the business world specifically and society. Finally, I will
While the effectiviness of the YCJA is a subject of an ongoing debate some people argue that the act is not effectivivley dealing with children who are inviovled in criminal activitity. One commmon criticisism of the YCJA is that it is too leininant on young offenders. For example some people beelive that the act places too much emapapshis on rehibiblatation and reintegration and not enough on punishment. They Argue that this approach does not hold young offenders accountable for their actions and does not deter them from from engaging in in criminal behaviour in the furtutre.
Within the book in providing solutions such as rehabilitation that can eventually eradicate these problems that plague our society. By having a strong foundation of religion set in place it can help resolve unjust matters with the belief that morality is superior. By incorporating morality in inmates life 's and other members within the system, it enables them to lead a better life, by leaving their old ways behind. Furthermore, the book is divided into three sections which contain specific chapters catered to reducing crime and or explaining how it can be resolved. Firstly, the first section in the book is divided into chapters 1-4.
One of the most influential codifications of law in ancient history, the text provides people with a concrete example of the expanding influence of centralized government on the personal and professional lives of the general population. It also gives people a clear sense of the ways ancient Babylonians invested godly authority in their worldly
Mighty empires have forever risen and eventually met their match throughout the centuries of earth’s existence. Their are those who leave without contribution and those who have remarkably shaped our world today. Among these civilizations that left an impact are the Greek and Aztec empires. While both civilizations left astonishing changes in the world, the developments made by Greek thinkers outdo those of the Aztecs when evaluating their creation of a prosperous government, understanding of literature, and enlightened ideas. Ancient Greece civilization also surpasses the Aztec empire with artistic development and scientific findings.
The laws, however also help advance Equality to discover and learn more about his world. The commands in place are to stop individuality among men and create a easier environment to control, however these laws also help puch Equality to learn and grow more which allows him to produce his inventions and discover the Unspeakable
Old Earth’s society is based on the Construct and the Paradigms of Power, which are their laws. The Construct says, “Because society is based on trust, trust cannot be withheld on unfounded suspicion. Threats are a form of mistrust; so are unprovoked violence, use of physical force, and manipulation of another.” The basis of the Paradigms of Power is that “Society is based on morality. Morality rests on consensus and requires the use of power to remove those who will not accept that consensus.”
In today’s times, the human race has developed specific social norms for its society. Depending on the location, these norms could range from something as basic as wearing clothes in public and attending school, to something more advanced like using a specific type of currency to pay for things or using certain slang while conversing with friends. Following these norms will help the person blend in with the people around them. However, if one does not follow these norms, they will stick out of their society, and become ostracized by their peers. This trend of following social norms originated from the beginning of time, and is even depicted in the classic stories of The Epic of Gilgamesh and Sundiata: An Epic of Old Mali.
According to Varul (2008) the notion of ‘ethical consumerism’ seems to be a contradiction in terms, since market and morality are commonly viewed as stark opposites with morality being sought in the contestation of certain goods’ commodity status and in the blocking of certain exchanges. What is new in the phenomenon of market society, a phenomenon that has been observed over the last 30 years, is the emergence of consumption as a criterion for the quality of life and as a sign of the demand for it. Moreover, society has become in our time a society that governs and evaluates its members, including the ability to consume. Without legislation regulating the market, people’s choices will be
• Incoterms contain all the freights, invoices, insurance for credit transit insurance and port or transport discharge. • Collect Letter of credit from bank, so that if anything goes wrong in the credit, both parties are liable to downside in the contract that may be product lost or broken in transit. • So we advice Brazilian footwear company to ask for all these Document apart from export and import negotiations and document containing terms, so that if anything goes wrong both parties are liable and no one party is at financial and market value risk. Question2)
Government has tried to promulgate laws against any illegal activity, however this issue is still prevalent because some wholesalers change their name or location. Such an issue may have negative consequences
“Do good and avoid evil” is a result of the differing educational, religious and cultural influences on man in the various times and places of his historical development. Thomas Aquinas contended that general principles of the natural law cannot be applied to all men in the same way on the great variety of human affairs, thus arises the diversity of positive laws among various people. Human laws deal with changing and contingent matters and often with singulars, do not have the certitude that belongs to the speculative sciences. Each has its own realm of operation and is sufficient that each have the certitude proper to its own realm. [ Ibid. ]