Question
As per Herbet Simon’s bounded rationality theory,
the decision made is ______ in nature.Solution
According to Simon, because of bounded rationality, the decision made is ‘satisficing’ in nature i.e. they only satisfy and suffice but not maximise. Thus, a decision maker is looking for a satisfactory solution for a problem in the given situation and the constraints and not for the ideal solution as that may lead to an endless search.
In the case of Taylor v. Caldwell relates to__________
Amicus Curiae means_____________
Under the Patents Act, 1970, which of the following cannot be patented in India?
The Office of the Prime Minister of India has been created by:
An application for the renewal of a driving licence can be made either prior to or within ____________ time period after its expiry as per the Motor Veh...
Professional communications between a client and his attorney are protected :
The word Adjudication means_____________
How many fundamental principles are provided in section 3 of The Juvenile Justice (Care and Protection of Children) Act, 2015?
Oral evidence in all cases must be
Which of the following statements accurately reflects the provisions of Section 6 of the Specific Relief Act, 1963?
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