Resource Allocation, Restitution, Restraint of Trade, Restrictive Covenant :




Resource Allocation : The allocation of various resources, according to importance, to manufacture a product efficiently



Restitution : Trying to correct the wrong committed by attempting to restore the same conditions as were prior to the act of wrongdoing for example paying a sum as compensation to an injured party



Restraint of Trade : Any act or pact restricting the air play of the forces of demand and supply or which restricts free competition, for example, fixing a ceiling price for a particular good or allocation of scarce resources to some big companies



Restrictive Covenant : A clause in the contract of real estate which restricts the usage of the land or building




From
Resource Allocation
to HOME PAGE