Uncodified Constitution Uncodified constitution is a form of constitution where fundamental government rules take precedent, usage and customs form as well a range legal instruments and statutes. The constitution is understood through the judiciary, legal experts and government committees reading commentary. In this type of constitution system, all elements are recognized by government legislators, bureaucracy

Disadvantages of Uncodified Constitution Constitutions are supposed to legally codify the responsibilities of a government to its people. They also highlight the rights of the people that must be respected by the government. A constitution is supposed to be a legally written document though there are instances when this is not the case. If this

Codified vs Uncodified Constitution Which is better, a codified or uncodified constitution? This is a question that has been topic for great debate with varying opinions expressed about the two forms of constitution. An uncodified constitution is also known as an unwritten constitution which means there is no formal documents that delineates government powers and

Washington Mutual Bankruptcy Washington mutual bankruptcy marks the largest case of a bank failure. Washington mutual was a popular savings bank and the largest loan and savings association in the United States until it collapsed in 2008. Washington Mutual filed for bankruptcy on 26th September 2008 and it was eventually delisted from the stock exchange

 Lehman Brothers’ Bankruptcy Lehman brothers’ bankruptcy was considered as the largest in the history of economics. This is because the company’s assets were more than those of the previous giant firms to file for bankruptcy such as Enron and WorldCom. The company was also the fourth-largest investment bank in the U.S. Why filing for bankruptcy

General Motors Bankruptcy Background General Motors filed for bankruptcy on 10th July 2009. This firm is a US auto manufacturing company that was founded by Billy Durant in 1908. Its headquarters are in Detroit, Michigan. Over the years, this company has introduced remarkable innovations in the U.S which enabled it to dominate the economy of

TOP