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Explain the Structure of the International Court of Justice

question 56

Essay

Explain the structure of the International Court of Justice. What are the types of cases on which it passes legal judgment? What are its primary strengths and weaknesses?


Definitions:

Net Income

The amount of money that remains after all operating expenses, taxes, and costs have been subtracted from total revenues.

Net Sales

Revenue from sales reduced by customer discounts, returns, and allowances.

Held-to-Maturity Debt Securities

Financial instruments that a firm intends and is able to hold until they mature, usually recorded at cost adjusted for amortization.

Equity Securities

Financial instruments that represent ownership interest in a company, such as stocks, granting holders a claim on part of the company's assets and earnings.

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