These vary according to the country
The statutory requirement that ensures full and open competition for government acquisitions is the Competition in Contracting Act (CICA). This act requires federal agencies to obtain full and open competition in their acquisitions, ensuring fair and equitable opportunities for all potential vendors to compete for government contracts.
These vary according to the country
Statutory Requirement.
Statutory rights are rights that are established by laws or statutes, such as labor laws or consumer protection laws. Non-statutory rights are rights that are not specifically defined by law but may arise from common law principles or agreements between parties. The main difference is that statutory rights are clearly defined by written laws, whereas non-statutory rights rely on other sources for recognition and enforcement.
government want to statutory control over price of some specific commodity
statutory agencies are supported by the government such as schools, where as voluntary agencies have to support them selves e.g charities.
A non-statutory organization is a group or entity that is not established or regulated by legislation. These organizations operate independently and are usually formed by individuals with a common interest or goal. Non-statutory organizations do not have legal standing granted by a specific law.
True
True
True.
True.
True.