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What is the difference between a promissory note and a bill of exchange in Mexico?
The main difference lies in the way in which they are issued and who assumes the payment obligation. In the promissory note, the debtor issues the document and undertakes to pay a certain amount to the creditor, while in the bill of exchange, the debtor is the drawee, and the drawer orders payment to a third party.
How is the quantification of compensation established in cases of labor claims in Panama?
The quantification of compensation in cases of labor lawsuits in Panama is based on several factors, such as the nature of the violation, the seniority of the employee, and specific labor laws. Compensation may include payments for wages not received, benefits not granted and, in cases of unjustified dismissals, additional compensation established by law.
What are the intellectual property rights involved in a sales contract in El Salvador?
Intellectual property rights may be protected in a sales contract, guaranteeing ownership and legitimate use of patents, trademarks or copyrights.
What is the role of investment funds in Colombia?
Investment funds in Colombia play an important role in providing investors with the opportunity to diversify their investments and access different asset classes. These funds pool money from multiple investors and invest it in stocks, bonds, real estate, or other financial assets. Mutual funds offer more accessible, professionally managed investment options, allowing investors to participate in the stock market and other financial markets.
What are the requirements to apply for a license to operate a tourist and recreational activity center in Panama?
The requirements to apply for a license to operate a tourist and recreational activity center in Panama include submitting an application to the Panama Tourism Authority (ATP) and complying
How is intellectual property protected in a sales contract in Chile?
To protect intellectual property in a sales contract in Chile, parties can include intellectual property clauses that establish rights and responsibilities related to patents, trademarks, copyrights and other intellectual assets. It is essential to have legal advice specialized in intellectual property.
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