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Letter of credit law are governed by two overriding principles. The principle of autonomy of the credit and the doctrine of strict compliance. The principle of autonomy can be read out of articles 4, 5 and 14 (a) UCP 600 and stipulates that banks deal with documents and not with goods. A letter of credit is a separate transaction from the sales contract and the bank isn't bound to the contract

I denna uppsats undersöks den inre marknaden inom Europeiska unionen och även huruvida den s.k. digitala inre marknaden mer och mer kommer att få en väsentlig betydelse för framtiden. Den digitala inre marknadens frammarsch förhalas just nu på grund av diverse nationella regleringar inom ett flertal juridiska områden. Den digitala inre marknaden är enligt mångas uppfattning Europas framtid och skaThis paper examines The European Single Market within the European Union and whether the so-called Digital Single Market will have a significant impact on the future of Europe. The DSM progress is detained right now because of various national regulations in several legal areas. The DSM is arguably the future of Europe and should be seen as a priority for the Commission. With a potential efficienc

The democratic peace theory explains why liberal democratic states do not engage in war with one another. According to Michael Doyle, the theory rests on three pillars, which together explain the democratic peace - whereas one of which pillars is of interest for this thesis. The cosmopolitan pillar is concerned with the “spirit of commerce”, that is, international trade and economic interdependenc

This thesis problematizes the consumption of meat and animal-derived foods in the age of climate change. Despite vast empirical data showing the detrimental effects related to animal agriculture, there is a general reluctance to stop consuming animal-based foods. In order to investigate the reasons for this reluctance, qualitative interviews were chosen as a research method. Using Norway as a case

The purpose of this thesis is to investigate the interplay between internal and external values, mainly by exploring the relationship between core values and brand values in a case study.This paper is based on a qualitative approach using various semi-structured interviews.The theoretical perspective aim to develop existing brand building process literature and provide enhanced understanding of th

The purpose of this study was to examine the school counselors’ role in school, how they perceive their role and how much discretion they have. Who are the school staffs that can affect the counselors work? This is a qualitative study where we interviewed ten low-and high school counselors. The results showed that school counselors continuously have dialogues with students, parents, staff members,

Title: Stocks vs. their underlying commodity – a comparison analysis Seminar date: 2011-01-14 Course: FEKP01; Master thesis, 15 ECTS Authors: Daniel Varaona, Jonas Åström Supervisor: Susanne Arvidsson Key words: Commodities, stocks, return, volatility, correlation, diversification, vertical integration. Aim: Our aim is to investigate to what extent diversification and vertical integration affect r

This research is focused on the usage of nationalistic stereotypes in television commercials in the automotive industry. We specifically analyzed one case in which nationalistic stereotypes were used in an automotive advertisement in the USA, using netnographic and document analysis methods. Our main objectives were to first uncover how an automotive advertisement is now using these stereotypes to

BACKGROUND: It remains unclear why cool temperatures cause more persistent adverse health effects compared to hot weather. Fluid homeostasis may constitute a causal link between past temperatures and adverse health effects. In this study we investigated the association between past outdoor temperatures and current fluid homeostasis.METHODS: We studied participants from five cohorts during three de

This study examines China’s future energy trend by analyzing how the energy demand in China has changed and how it will change by looking at several domestic factors, such as structural and policy changes, as well as international factors that affect the country’s demand for energy. The sector-specific energy consumption trend in the near future is also discussed in order to show what the main dri

This paper describes a factor analysis applied at the data of the European Union structural indicators. These are the official indicators for wealth and economic development in the European Union with main use to evaluate the outcomes of the year 2000 Lisbon goals for making the European Union the world’s strongest economy by 2010. The purpose of the data is to serve for comparing and “learning by

There have been several agreements over the years dealing with issue of arms control agreements, but no a specifically small arms and light weapons (SALW) control agreement. Nonetheless, transfer of arms could only be seen as legal when conducted in consistency with international law. There are to our use fundamental international legal principles that define how and when weapons can be engaged an

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ABSTRACT The threat of globalization to public spending as well as a fiscal debate of the disciplining hypothesis and compensation hypothesis on large sample of countries, have been widely analyzed in the public finance literature. Yet the welfare states in Nordic countries with largest share of public expenditures have never been singled out for similar studies. This study employs a much more det

Detailed abundance analysis of 41 F and G type dwarf stars located in the solar neighborhood are presented. The stellar sample was selected to have kinematics intermediate between the Galactic thin and thick discs. The stars have been observed with the NOT telescope at La Palma, Spain in March 2006 and the ESO 2.2 m telescope at La Silla, Chile between October 1, 2004 and March 31, 2005. Abundance