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What is difference between letter of interest and letter of intent?
The difference between letter of interest and letter of intent is :The letter of interest : The letter of interest can is dedicated to several very different situations, such as convincing the recipient of our interest in the subject heading. Indicating why we are interested.However, letter of intent : allows this regard for caution, expressing its willingness to carry out a project while reserving the right to finally not to conclude the contract. also gives a status to pre-contractual relations during a certain period. However, the content of the letter of intent is variable and the parties are free to determine the elements to which it relates.
What is the difference between industrial and commercial?
A commercial venture is another name for a business. A company formed with the intent of legally making a profit by offering a good or a service is a commercial activity. An industrial activity is a type of commercial venture in which the service being offered is large-scale manufacturing or processing. An aluminum plant would be an industrial venture, as would an automobile manufacturer. The primary difference is in scope; but because of legal considerations (the size of the workforce, the impact to the environment, etc.) industries are more closely watched by government agencies, and have more regulations and restrictions they have to follow. For the same reason, a parcel of land may be zoned for commercial use, but not for industrial; you might be allowed to build a hotel and lodge in a quiet valley by a river, but not set up a fertilizer plant or a tree logging company there.
Why do you need to distinguish between mens rea and motive?
Motive and Mens Rea are not the same. Mens Rea is the blameworthy state of mind of the Defendant, whilst motive is just the reason and is irrevalnt in criminal liabilty. For example: D. stabs V. with the intent to kill, so he can marry his sister. The M.R 'intent to kill' is needed whilst the motive 'marry his sister' doesn't matter
What happened to the real estate market in the years between 2000-2008 What was the result of changes in the real estate market for people who bought houses with the intent of selling them for a prof?
Many things happened:1) Our friends Bubba Clinton, Barney Frank and Chris Dodd forced banks to lower their lending standards.2) Banks gave out loans to anyone with a pulse3) Buyers ignorantly thought that housing prices ALWAYS go up4) Buyers were not intelligent enough to understand what they were signing when it came to ARM's, zero-interest, etc.5) Buyers thought that housing was an entitlement and income should have no relation to what you can afford.6) HGTV had way too many show that glorified participating in an obvious housing bubble7) Home owners used phantom equity in their home as an ATM
Who are the participants of the global economy?
It is virtually a world without borders, inhabited by marketing individuals and/or companies who have joined the geographical world with the intent of conducting research and development and making sales.
