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Markets And Legal Frameworks - Answer 1
Issue
The main issues of this article revolving around the common Bank of Australia were unfair trade practices and schedules and activities done by the stakeholders of the financial institution.
Rule
Corporations Act 2001
The Trade Practice Act 1974 (Cth)
The Australian Securities and Investment Commission Act 2001
Application
The rule of the acts holds importance and relevanc…
Markets And Legal Frameworks - Answer 1
The monopoly power of the pharmaceutical U.S. drug makers enjoys the long term implications and the benefits of the patents once they have produced their prescription drugs. The main role of the drug makers is to produce the drug, which is rare in the market, and for this; it has to invest the high research and development resources. As the R&D costs high, the government also grants the research gran…
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