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Monday, May 30, 2016

Vexillology

Vexillology is the scientific study of the history, symbolism and usage of flags or, by extension, any interest in flags in general. The word is a synthesis of the Latin word vexillum ("flag") and the Greek suffix -logia ("study.")

Contra proferentem (Latin: "against [the] offeror"),[1] also known as "interpretation against the draftsman", is a doctrine of contractual interpretation

Contra proferentem (Latin: "against [the] offeror"),[1] also known as "interpretation against the draftsman", is a doctrine of contractual interpretation providing that, where a promise, agreement or term is ambiguous, the preferred meaning should be the one that works against the interests of the party who provided the wording.[2] The doctrine is often applied to situations involving standardized contracts or where the parties are of unequal bargaining power, but is applicable to other cases.[3] The doctrine is not, however, directly applicable to situations where the language at issue is mandated by law, as is often the case with insurance contracts and bills of lading.[4]
The reasoning behind this rule is to encourage the drafter of a contract to be as clear and explicit as possible and to take into account as many foreseeable situations as it can.

Sunday, May 29, 2016

The WITCH group of IT Services Companies

The WITCH group are the large offshore-centric firms: Wipro, Infosys, TCS, Cognizant, and HCL