The Paradox of Luxury in Digitalization

Seeing the success of digital platforms and advancement, social media marketing has strengthened the relationship between buyer and seller from a mere commercial transaction to a personal connection. The outcomes of this interaction are meticulous, and like other industries, it has also revolutionised the luxury products industry. It has become pertinent for the luxury brands to participate in the online visibility for customer awareness, customer engagement, customer acquisition, and customer retention. Though certain challenges are there, there is a need to develop strategies to mitigate them for better positioning, building online trust and online value.

Detection of Fake Indian Currency Notes using Deep Learning

A normal human being can easily see and distinguish any banknote, however doing the same job is extremely difficult for someone who is visually challenged or blind. Because money plays such an essential part in our everyday lives and is required for any commercial transaction, real-time detection and recognition of banknotes is a must for anyone who is blind or visually impaired. The mobilenet based CNN model-based Indian currency detection and identification system is presented for this purpose, and it is quick and accurate. To make the system more resilient, pictures of various denominations and situations were collected first, and then these images were supplemented with various geometric and image modifications. These augmented pictures are then manually tagged, and training and validation image sets are created from them. Later, the trained model's performance was assessed on a real-time scenario as well as a test dataset. The suggested mobile net model-based technique exhibits detection accuracy of 91.33% according to the test results. This standalone system operates in real-time.

The Features of the Legal Regulation of a Commercial Transaction in Tax Relations

Introduction: in the paper the author proposes to consider the interbranch relations of civil and other branches of law, for example, the financial one, proposing a resolution of establishing the “depth” of the limit of the synthesis of public economic interest in a commercial transaction, defining this conceptual framework, and to develop the proposals for resolving this problem in a practical aspect, applying the criteria (categories) of denoting the limit. The purpose and novelty: the scientific novelty of this topic lies in the fact that, first, it considers and decides the important legal problems of protection of the parties to the contract against the influence of public interest, and secondly, it provides the criteria for the evaluation of limits of mutual synthesis of public to private and private to public, and thirdly, it provides for the discussion and development of a new conceptual framework of interbranch relations. Methods: the paper uses the comparative, formal-legal and functional research methods. Results: the results of the research on the features of the legal regulation of the interbranch relations between the civil and financial branches indicate the existence of problems and contradictions in their enforcement by the subjects, in particular, the issue of the influence of public economic interest in a commercial transaction is considered. Conclusion: the protection of public economic interest in a commercial transaction is a “mirror” model for protecting the rights of the parties in such a transaction. Thus, the tools for protecting the violated rights of public economic interest are identical to the tools for protecting rights in the presence of vertical relations between the parties in a commercial transaction. The application of criteria for assessing the limit of synthesis of public economic interest in a transaction is a priority task, not only in the material terms, but also in virtual reality.

COMMERCIAL TRANSACTION: FEATURES OF LEGAL REGULATION

The article suggests and justifies the concept of "commercial transaction" is currently not fixed in civil legislation as a civil definition, while a number of scientists have repeatedly justified the need and importance of fixing such a concept to solve a number of problems in legal regulation. In addition, it offers ways to solve the problem of the conceptual apparatus of the practice of separate consideration of "commercial transactions" in civil law, which allows solving a number of practical problems of law enforcement. The article uses comparative, formal-legal and functional research methods. The article identifies individual features of a commercial transaction, the legal limits of mutual synthesis of public and private interests, and determines the forms of protection of such interests.

Development of a strategy for the development of small business in the confectionery sector and assessment of the effectiveness of it

The article highlights the issues related to the analysis of the activities of small business confectionery companies and the justification of the need to adjust the implemented development strategy in modern economic conditions. The analysis of the activities of three small businesses in the confectionery industry is carried out. The directions of strategies for the development of small business enterprises in the confectionery industry have been determined, a systematic approach to assessing strategic development has been formed and tested on the example of one of the enterprises in terms of com modity turnover and commercial transaction and cost intensity and profitability. T he conclusion is made about t he possibility of the system of indicators of t he effective ness of the strategy to correctly assess t he state, measure its quality level, identify significant shortcomings in the organization of management and used reserves and out line ways of improvement.

Features of a Booming Reproductive Practice: The Medical Process, the Market, the Antecedents, and the Risks

Surrogacy is a social practice aimed at the procreation of human beings through the use of biomedical technologies. It includes the willingness of a woman to carry out a pregnancy and give birth to a child, with whom she has no genetic link, which will be immediately entrusted at birth to the people who wanted and commissioned it, known as the intended parents. A multi-million transnational market has flourished around this kind of arrangement, with the national legal frameworks being very different from each other and constantly changing. The surrogate’s revenue varies considerably from country to country, as does the price that the aspiring parents pay. This chapter aims to introduce readers to the topic by providing the main coordinates of the phenomenon: how the medical-procreative procedure takes place, what the commercial transaction consists of; the history of this market, the similarity of surrogacy with other procreative practices, and the difference with other assisted procreation practices; the variety of regulatory frameworks, the flexibility of the market according to the logic of globalization; the health risks and the inevitability for the child of the fracture with the “environment” in which he began his psychophysical development.

The London Steam-Ship Owners’ Mutual Insurance Association Ltd v. Kingdom of Spain (M/T “Prestige”)

531State immunity — Jurisdiction — State Immunity Act 1978 — Arbitration — Spain seeking to set aside order granting English claimant company permission to serve application claim form — Appointment of arbitrator — Whether Spain entitled to State immunity — Whether Spain lacking immunity under Sections 2, 3 or 9 of Act — Whether Spain having submitted to jurisdiction of the Court — Whether arbitration proceedings relating to a commercial transaction entered into by Spain — Whether proceedings relating to a contractual obligation falling to be performed in United Kingdom — Whether Spain having agreed in writing to submit dispute to arbitrationArbitration — Arbitration Act 1996 — English claimant company seeking to appoint arbitrator in proceedings against Spain — Whether Spain entitled to State immunity under State Immunity Act 1978 — Whether court having jurisdiction to appoint an arbitrator — The law of England

Kekebalan Diplomatik dalam Transaksi Komersial

Abstract—Diplomatic immunity and privilege which is arranged in the Vienna Convention 1961 is very important in ensuring the enactment of diplomatic functions in doing the mission. The abuse of immunity and privilege owned by the diplomatic representative often happens. Diplomatic representative abuse their rights in the form of mild violation to heavy crime. There have been cases on the abuse of diplomatic immunity in commercial transaction related to the civil jurisdiction immunity of the country the diplomat assigned in. The landlord in the country who rent their property to the diplomatic representative have become the victim in the abuse of diplomatic immunity. There was a diplomatic representative who refused to pay the rent because of diplomatic immunity reason and eventually managed to escape from the obligation to pay for the commercial transaction due to the protection of the immunity and privilege Keywords: abuse, diplomatic immunity, commercial transaction Abstrak—Kekebalan dan keistimewaan diplomatik yang diatur di dalam Konvensi Wina 1961 merupakan hal yang sangat penting untuk menjamin pelaksanaan fungsi diplomat dalam menjalankan misinya. Penyalahgunaan kekebalan dan keistimewaan yang dimiliki perwakilan diplomatik masih sering terjadi. Perwakilan diplomatik menyalahgunakannya dalam bentuk pelanggaran ringan hingga kejahatan yang berat. Dalam perkembangannya, telah terjadi kasus penyalahgunaan kekebalan diplomatik dalam transaksi komersial yang berkaitan dengan kekebalan yurisdiksi sipil negara penerima. Para tuan tanah dari negara penerima yang menyewakan propertinya kepada perwakilan diplomatik menjadi korban dalam penyalahgunaan kekebalan diplomatik. Ada perwakilan diplomatik yang menolak membayar biaya sewa dengan alasan kekebalan diplomatik yang pada akhirnya lolos dari kewajibannya untuk membayar transaksi komersial karena berlindung pada kekebalan dan keistimewaan yang dimilikinya Kata kunci: penyalahgunaan, kekebalan diplomatik, transaksi komersial