Contract & Agency Law Essay Example | Topics and Well Written Essays - 750 words

Contract & Agency Law - Essay Example This requirement created the need have the separation of power within the government. The government is created to comprise three branches. They are the legislature, executive and the judiciary (Tabalujan, 2009). The legislature is responsible for the creation of laws. It formulates and presents laws that are then implemented as laws on the land. This is done upon its interpretation of the law and what is required to be drafted as law. The executive is referred to as the ruling branch of the government. The executive lays down implementation plans of the laws created by the legislature. In general, the executive implements the laws that are created (Tabalujan, 2009). The judiciary acts as an independent body but as a creation of both the executive and legislature. The judiciary interprets the laws created and implemented. This is done by creating legal provisions that are generated from the interpretation of the laws created. In addition, the judiciary dictates the legality that may arise from the implementation process. The three branches of the government to are referred to as the separation of power. The collaboration of the branches ensures the efficient creation, implementation, and supervision of laws in a state. In Singapore, separation of power is made under the concept of constitutionalism. This is aimed at limiting the mandate and freedom of the government to exercise power. The constitution in the Republic of Singapore separates power in three function or branches of the government (Tabalujan, 2009).They are the legislature, executive and the judiciary. The Singapore executive arrangement is derived from the British government system (Tabalujan, 2009). The President is the head of state. He is a member of both the parliament and the executive. However, he has a minimized role in both bodies. The citizens of Singapore elect the President and the members of parliament but

Energy Outlook Report Coursework Example | Topics and Well Written Essays - 3000 words

Energy Outlook Report - Coursework Example The changes in the oil prices and the demand, supply and consumption levels in the market would highly affect the energy sector in Russia. The consumption of natural gas as major energy resource will be attaining momentum and the coming twenty years can be labelled as the era of gas as a main source of energy. The market position of Russia as a leading country in the global energy market may be affected by different changes which the country would try to balance through their strategies. Russia is likely to be affected by the changing situations in the market in the forecasted period. The exports of oil and gas from Russia are forecasted to be lower due to the decrease in the demand levels for these sources of energy across the world. The high costs and the existing system of taxation are likely to put a constraint on the energy resources of Russia as exported in the global energy market. Russia is a leading country with respect to world energy and is a significant player in the international market of energy and power. The energy market of Russia is a critical contributor to the world economy and also directly influences the stability of the economy of Russia. Therefore, a comprehensive analysis of the development and future outlook for the energy sector of Russia with respect to the global energy market perspective is significant in understanding and planning the development of the economy. The analysis of the future of the energy sectors in Russia and the global market is done to evaluate and analyse the strategies of the country with respect to the development of the energy market and the economy of the country. The global energy landscape has been undergoing major transformations after the event of the economic crisis of 2008. The characteristics of the energy outlook has been demonstrating increasing volatility in the prices of the hydrocarbons, the changing demand and supply equations, increasing level of