Mutual Funds wafirotul haifa (1122010)

Mutual Funds

Mutual fund is a container and the pattern of fund management/capital for investors to invest in a set of investment instruments available in the market by buying mutual funds. Meanwhile, funds/money which is then managed by the Investment Manager (MI) to the investment portfolio, whether it be stocks, bonds, or money market securities/other security. Thus, mutual funds raise money by issuing Units to the public, then the fund is invested in various types of securities traded in the capital market and money market.

Mutual funds are some terkaitaparties, among others: the Investment Manager is responsible for managing the funds collected in mutual funds. They are in charge of investment activities such as analyzing, selecting, deciding investment, and market monitoring. Typically, the Investment Manager is an investment company which has professional experts named deputy manager of the investment. Not just anyone can have this profession as deputy manager of the investment can only be obtained after passing the exam professional standards in the field of capital markets deputy investment manager .

In addition, they also have to get permission from Bapepam and LK. Custodian bank is the party which holds the investment fund or collective that provides custody services and other assets relating to the administration of securities and mutual funds. In addition, the Custodian Bank is a commercial bank that has been licensed as a custodian bank. This agency does not engage in activities associated with investment decisions but it has a function as a daycare securities purchased by the fund managers, administration and transfer agent of purchase or sale. Brokers on the orders of the Investment Manager, the broker will execute buy/sell good effect of capital market securities and money market. Bapepam and Lk Capital Market Supervisory bodies and Financial Institutions (Bapepam and LK) is an agency under the Ministry of Finance of the Republic of Indonesia in charge foster, organize, and oversee the day-to- day activities of the capital market, and to formulate and implement policies and technical standardization in the field of financial institutions.

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Customary Law (Tradition) wafirotul haifa (11220010)

Customary Law (Tradition)

Custom or tradition is the oldest source of law, where the source is known or can be extracted portion of the law outside the law, where we can find or diglegal. The meaning is the same looping behavior in the community whenever there is a situation of the same community. New habits become habits customary law when it is believed by society as aliability in accordance with the law because of perceived justice. In addition, one can also become a habit because dikonstatir customary law by the judge in his decision.

Requirements to be a common law are: First, the existence of a material condition or behavioral habits that remain or be repeated, which is a series of the same act, which lasted for some time. Should be able to shown the existence of long-lasting action, there must be what is called longa et inventerata consuetudo. Second, it should be a condition of intellectual habits cause necessitatis opinion (Convictions general) that the action was a legal obligation. This belief is not only a belief that always apply, but the belief that it should be so. The habit is to be done because of the belief, that it should be done objectively, it is believed that by doing do a legal obligation. And third, due to the existence of the common law when the law was violated.

In general, the common law in a society can be distinguished, namely: general common law that applies to the entire territory of the country within a country with an area of ​​the Republic of Indonesia to the position of the lot, the law applicable local toxicity in the environment area smaller (provincial/district), specifically the common law or customary law prevailing in a group environment specific group of people (in the profession).

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The Concept of Employment Relationship wafirotul haifa (11220010)

The Concept of Employment Relationship

Employment relationship is a legal relation ship between workers and employers that have an element that there are jobs, wages and labor relations orders occurred after the employment agreement between workers and employers or employer. Employment relationship is a legal relationship that is performed by at least 2 subjects of law regarding a job. The subject of labor relations law sare entrepreneur/employer to the worker/laborer. Employment relationship is at the coreof industrial relationsin the country.

Element of the employment relationship, the first is the existence of a job, the job that is free in accordance with the agreement between the worker and the employer, provided it does not conflict with the laws, morals and public order. The second element that is under the command, in the employment relationship is the employer's position as an employer so that he has the right and also the obligation to provide the commands associated with the job. The position of labor is the party who receives the order to carry out the work. The relationship between the worker and the employer is committed relationship between superiors and subordinates that are subordinated.

The third element is the presence of a certain wage be rewarded for the work that has been done by workers. The definition of wages under the provisions of Article 1 paragraph 30 of Law No 13 of 2003 is the right of workers/laborers received and expressed in terms of money as compensation from the employer or the employer to the worker/laborer is determined and paid under an employment agreement, agreements or regulations legislation including allowances for workers/laborers and their families for a job or service that would have been done. Each job has the right to earn a decent human beings (Article 88, paragraph 1), decent size is relative. And the fourth element is time, meaning laborers for the specified time or for an indefinite time or for ever. Proper time is related to the employment agreement specified time or a particular workplace agreement or better known to the public by the employment contract. The working hours of workers in 1 week is 40 hours/week. Under the provisions of Article 50 of Law No 13 of 2003, the employment relationship is due to the employment agreement between the employer and the worker/laborer.

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