The law has expanded and evolved to a great extent with time, but the edifice on which law originated still remains unchanged. Jurisprudence helps us understand such basis of law or the principles on which the laws were framed and are still being framed. Judicial precedents are one of the important sources of law and […]
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Predatory pricing is when the prices of goods or services are fixed at a very low rate with a prime intent to wipe away competitors from competing in the market. Predatory pricing is one of the many tactics followed by well established firms/businesses and is a clear abuse of their dominant position. Predatory pricing is
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Our society has been subjected to heinous crimes now and then. Therefore to lessen the number of crimes in society or set an example in society, several social control methods have been framed in-laws backed by sanction. These sanctions are nothing but the punishment that act to reinforce those social values that have to be
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Property was said to be classified as movable or immovable during the ancient era. But with the impact of the industrial revolution and rapid changes in science, technology, and culture, a new term of definition of property came into existence called ‘Intellectual Property’. New rights and properties like patents, copyrights, and designs are exclusively under
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