Introduction: When that “wrong Amazon item” shows up and the contract turns real You’ve probably previously ordered an item online before, if that is the case then chances are you’ve used Amazon at some point for this service. Usually there are no issues with the delivery and your item arrives fine, however at times things may not work out perfectly, the item may turn up defective or be the entirely wrong item. For this article we will use the following example of a laptop, i

Introduction to the Current Energy Market: The global energy system is undergoing a transformation unlike any in its history. As governments, markets, and corporations advance toward decarbonisation, one key challenge has remained difficult to solve: renewable energy is intermittent. The sun does not always shine, and wind patterns fluctuate without a mechanism to store surplus electricity and release it on demand; renewable energy struggles to replace fossil fuels reliably.

The Rise of Artificial Intelligence (AI) in Law: A Tool for Efficiency, Not Replacement. Artificial intelligence (AI) has rapidly gained prominence in the legal sector in recent years. Its integration within law firms has more than doubled compared to previous months, with many firms now allocating specific budgets for AI tools. [ 1 ] AI's growing role in the legal profession. Before the use of AI, solicitors carried out time-consuming tasks such as legal research and adminis

What Is a Contract? Contracts are currently everywhere and are an essential aspect of law in general. Put simply, a contract is a legally binding agreement between two or more parties. It is vital to understand the foundation and principles of contracts, as they are utilised for a wide range of purposes, including selling products, buying or selling services, selling a business, providing a guarantee, and many more. [ 1 ] All of this is controlled by contract law. For a contr

Tariffs and the current picture A tariff is a tax that governments impose on imported goods to protect domestic industries and raise revenue. Despite Trump agreeing with Xi over reducing tariffs on Chinese imports from 57% to 47% , China still faces higher tariffs  than it did when Trump came into office, and the ramifications of such long-term tariffs will continue to be felt [1] . This is an ongoing economic conflict that Trump has advocated for while in office, over his co

What Really is a Monopoly? You may have played the board game Monopoly, in which you buy properties, charge rent and make your friends bankrupt. However, in the real world of business and law, a   monopoly is something a lot more serious, it is when one firm or company dominates a market, and can potentially charge higher prices, reduce choice and influence society. In this article we'll use the board-game metaphor to make sense of the concept, explore why monopolies can be d

What is a Bubble? To assess whether artificial intelligence (AI) is experiencing a bubble, we first need to understand what a bubble actually is. An asset bubble is an economic cycle in which the price of an asset, such as stocks, real estate, or commodities, rises rapidly and significantly beyond its intrinsic value. This unsustainable surge is typically driven by speculative demand, amplified by exaggerated market sentiment and herd-like investor behaviour. The bubble “burs