Terms such as outsourcing agreements and work performance agreements are primarily encountered by people who are looking to earn additional income in some way. Students, pensioners, and women on maternity leave are the most common. However, not everyone understands exactly what they mean or what the terms entail.Work performance agreement (WPA)The terms of the work performance agreement are that it must be in writing. It can be signed with any number of employers per year, but there is a cap on the number of hours each may work, which is 300 hours. By law, an employer may revoke an

The main difference between the 2 theories is the criterion of measurable benefits. The Cardinal theory argues that profit can be measured, while the usual theory argues that profit cannot be measured. Let\’s explore both theories more deeply.Cardinalist theory deals with concepts such as utility, total utility, and marginal utility. By practicality, we understand the subjective sense of realization that arises from the consumption of goods. Therefore, buying a bottle of water can satisfy your thirst need and benefit from the purchase. Marginal utility is a special expression that expresses how much the total utility increases when you consume

The Czech National Bank for the first time revoked the license of the exchange office for violating the new obligations established by the Law on exchange activities. These were companies named Pemex change, exclusive change and Chivas Invest, which provided a fund exchange in the heart of Prague. At the same time, the bank was fined about 200 thousand to 300 thousand crowns.The company violated the law according to the standards set by the CNB. The information obtained about the designated company is only in the Commercial Registry and does not have a website or publish other contact details

The Czech National Bank for the first time revoked the license of the exchange office for violating the new obligations established by the Law on exchange activities. These were companies named Pemex change, exclusive change and Chivas Invest, which provided a fund exchange in the heart of Prague. At the same time, the bank was fined about 200 thousand to 300 thousand crowns.The company violated the law according to the standards set by the CNB. The information obtained about the designated company is only in the Commercial Registry and does not have a website or publish other contact details

and what is its definition? The balance of payments represents monetary transactions between one country and another in a given fiscal year. It includes imports and exports of goods and services, investments, donations, and remittances.Thus, the balance of payments is divided horizontally (imports and exports of goods and services, investment income, and foreign currency reserves) and vertically (credits – inflows of funds; debits – outflows of funds). In other words, it is the balance between exports to and imports from a country, and the difference between exports and imports represents the balance of payments. The balance of payments is

A total of 1,140 economists, including 14 Nobel laureates, wrote to Donald Trump on Thursday in response to escalating trade friction between the United States and the European Union sent the letter. Trump has imposed tariffs on steel and aluminum imports, but has granted temporary exemptions only to the European Union and Australia, among others.In 1930, 1,028 economists urged Congress to reject the protectionist Smoot-Hawley Tariff Act. The letter\’s authors cite this trade law, which many economists believe was one of the factors that triggered the Great Depression. Today, Americans face a host of new protectionist activities, including threats

Sometimes you have to borrow money to get by. There are times when you have to pay more than you earn or save. At such times, one cannot do without debt unless one becomes a defaulter, i.e., one who does not have a good reputation among sensible people. What if such a person needs to take out a loan? How can we make sure that such a loan will be of good help to that person and not break his/her neck later? Such a person should think and calculate carefully before applying for this form of assistance. This is

Will the Euro be used in place of the Czech koruna? This question is scratching the head of many of us. The Czech Republic joined the European Union in 2004 after meeting Maastricht standards. Since then, there has been a debate about when the currency will be introduced in the Czech Republic. In order for the Euro to be introduced in our country, it must meet other standards. In 2004, when the Czech Republic became a member state, it did not meet these criteria. In particular, this was a condition for price stability and government deficits. Two other conditions

The basic division of taxes, directly and indirectly, and then to other subgroups. In the case of direct tax, you can specify the taxpayer, but in the case of direct tax, you can not specify. Therefore, this department is called the taxpayer-bound department.Direct taxes are divided into income tax and property tax. Pension tax is determined according to the amount of pension, which is understood as income. Such a tax is income tax, which is paid in the amount of 15% for individuals and 19% for legal entities. The 2nd group is property tax, which means that the basis