Essays on Avi

Benefits and drawbacks of VAT

As a taxing system, VAT has been used globally since the 1950’s and it presents unique benefits and drawbacks in itself. First, VAT is beneficial in generating income for governments which is important to cover government expenses as Stiglitz and Rosengard, (2015) observe. Since VAT is vast and is imposed to most produced goods and services, most governments regard it as money production engine. Through this taxation system also, tax evasion is minimized. Consequentially, a reliable income source is achieved by governments. Through value added tax system, it is also possible to enter into regional protocols (Pomeranz, 2015). ...

In today’s world, climate change is one of the most critical and daunting issues that humanity is faced with. It has emerged, both as a major scientific and a global public policy issue. There is broad consensus among the scientists of the world that accumulated carbon dioxide, which is a greenhouse gas and is released as a result of burning of carbon that is stored in fossil fuels, is causing a rise in the average surface temperatures around the world. Other greenhouse gases such as water vapor, chlorofluorocarbons (CFCs), hydrofluorocarbons (HFCs), nitrous oxide and methane, which are emitted ...

Business Law

The case is a promissory estoppel situation where Dhafir acted upon Hansen’s legal action if any damages occur from the falling tree. Hansen can place a claim stating the cutting of the diseased limb and not the whole tree as a premise. The courts will still proceed with the promissory that Hansen made as it is the ignitor of Dhafir’s decision to cut the tree.

Legal Capacity to Contract and Requirement of Legality

The issue is the involvement of a minor in a contract before they attain the legal age of participating in one. The car sellers will hold John responsible for the debts as ...