Articles

February 8, 2022

Anti Competitive Agreement

Anti-competitive agreements are agreements among competitors to prevent, restrict or distort competition. Section 34 of the Competition Act prohibits agreements, decisions and practices that are anti-competitive. A particularly serious type of anti-competitive agreement would be those made by cartels. A typical example of anti competitive horizontal agreement would be agreement between two manufacturers of coal…

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Euthanasia

It hath been often said, that it is not death, but dying, which is terrible. – Henry Fielding Introduction Euthanasia is the practice or act of putting to death a person who is suffering from a terrible and incurable sickness in order to relieve their suffering. Euthanasia is also termed “mercy killing”. Euthanasia can be…

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Employee Stock Ownership Plan (ESOP)

Introduction An ESOP (Employee Stock Ownership Plan) is a type of employee benefit plan that gives employees a share of the company’s ownership. Employee stock ownership schemes come in the form of direct shares, profit-sharing plans, or incentives, and the employer has ultimate control over who is eligible to participate. Employee stock ownership plans, on…

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What is a Mortgage?

The word “Mortgage” is something that we have come across as children or young adults, rather frequently. However, what really are these mortgages that people and financial institutions such as banks seem to be oh-so-fond of? What allows it’s recognition and where is it legally enshrined? To have a better understanding of this, let’s have…

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