conditions under which both parties are entitled to terminate the treaty. So, Hungary put forward five arguments as grounds of termination of the treaty; state of necessity, impossibility of performance, fundamental change of circumstances, material breach and emergence of new norms of international environmental law.
(1) State of Necessity
Hungary says they are in the state of ecological n
Constitutional Institution
Under the Constitution’s
97th Amendment:국가의 세입․세출의 결산, 국가 및 법률이 정한 단체의 회계검사와 행정기관 및 공무원의 직무에 관한 감찰을 하기 위하여 대통령 소속하에 감사원을 둔다.
BAI belongs under the president's office for the settlement of national revenue and expenditure and audits on t
2. Political and legal issues◎ Safety issue
In 2005, U.S. emergency center reported more than 200 thousand accidents caused by toys. Needless to say, quality improvements and handling safety issue raises cost for the firm. This becomes a great issue considering industry environment described above; aggravated by the increase in production price, coming from the increase in the material cost.
cost
(운송비 최소화의 관점에서 원자재와 시장에 대한 접근성에 관심)
□ The integrated feasibility study (통합 타당성 검토)
▶ Technically feasible (기술적으로 가능여부)
▶ Economical to develop and operate (개발 및 운영의 경제성)
▶ Social and environmental impact (사회 및 환경적 영향)
▶ Public policies (공공정책)
(1) What is material?
Certain provisions of the SEC apply only to matters that are “material” to the financial condition of the company. Therefore, interpretation and application of those provisions relates to the issue of “what is material”.
Item 101 of Regulation S-K requires that companies must disclose material effects that compliance with environmental law will have on earnings, c