25/04/2008 by admin.

Limited liability is a concept whereby a person’s financial liability is limited to a fixed sum, most commonly the value of a person’s investment in a company or partnership with limited liability. A shareholder in a limited company is not personally liable for any of the debts of the company, other than for the value of his investment in that company.

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25/04/2008 by admin.

Every definition of philosophy is controversial. The field has historically expanded and changed depending upon what kinds of questions were interesting or relevant in a given era. It is generally agreed that philosophy is a method, rather than a set of claims, propositions, or theories. Its investigations are based upon rational thinking, striving to make no unexamined assumptions and no leaps based on faith or pure analogy. Different philosophers have had varied ideas about the nature of reason.

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25/04/2008 by admin.

In modern nations, local governments usually have fewer powers than national governments do. They usually have some power to raise taxes, though these may be limited by central legislation. In some countries local government is partly or wholly funded by subventions from central government taxation. The question of Municipal Autonomy—which powers the local government has, or should have, and why—is a key question of public administration and governance.

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25/04/2008 by admin.

A legislator (or lawmaker) is a person who writes and passes laws, especially someone who is a member of a legislature. Legislators are usually politicians and are often elected by the people. Legislatures may be supra-national (for example, the United Nations General Assembly), national (for example, the United States Congress), regional (for example, the Scottish Parliament) or local (for example, local authorities

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25/04/2008 by admin.

Justice is a collective term that can be divided into two broad categories: just behavior, the treatment of others with genuine respect and in an equitable manner, and the administration of law, in which a judge or panel of judges, a magistrate, or a jury enforce legislation, with the objectives of protecting victims and lawfully punishing perpetrators.

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25/04/2008 by admin.

Sharia (Arabic: شريعة transliteration: Šarīʿah) is the body of Islamic religious law. The term means “way” or “path to the water source”; it is the legal framework within which the public and some private aspects of life are regulated for those living in a legal system based on Islamic principles of jurisprudence and for Muslims living outside the domain. Sharia deals with many aspects of day-to-day life, including politics, economics, banking, business, contracts, family, sexuality, hygiene, and social issues.

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