Under Turkish law, the redundancy compensation is defined as an amount of money which is calculated by considering seniority and the latest wage of the employee which is paid to the employee upon the leave of the employee of the work under certain conditions.

The factoring is used to mean “the provision of financing by acquiring and then collecting the assets which are already appeared or are expected to be appeared on behalf of the assignor”, deriving from the Latin word, “factor” as including “an action on behalf of another person or activity”.

The Turkish Code of Intellectual and Artistic Works numbered 5846 has been in force for more than 50 years however, the application of this law is not that established creating significant problems to the work owners while collecting their rights.

Turkey’s legislation in the Competition Law field is not recent.

In Turkey telecommunication services had been conducted by the Government. However in 2005 the provision of these services was privatized which brought chance for the other actors to enter into the telecommunications market for the provision of services forming part of the telecommunication market.

One of the most common mechanisms preferred in promotion campaigns in Turkey is prize draws. The promotion campaigns including prize draws aims to increase the sales by pushing the consumer to purchase as more purchase gives more chance to win the prize.

The base of the stock market business relies on the law of supply and demand. The application of this law of supply and demand is based on the natural buy or sell behaviors of the investors.

Under Turkish Law direct applicability of the constitutional provisions has being debated by the highest judicial authorities and Turkish doctrine. This debate mainly covers the provisions of the Constitution in relation to the freedom of seeking judicial remedy and fundamental rights and freedoms.

Electronic banking in Turkey is becoming widespread in number due to lower operating costs associated with it.

The customer group acquired by the agency or the exclusive seller during their operation under a exclusive distributor agreement or agency contract is called as “The Portfolio” and in case of the termination of such contract, compensation which may be claimed by the agent or the distributor to be undertaken by the counter party of the agreement, the principal, is called “Portfolio Compensation” under Turkish law.

The protection of property, historically and practically is crucial in many aspects.

One of the most important technological developments of 1990ies is the internet. Internet, due to the rich resources that it has been providing to its users, has enormously expanded its area of use and today “No Life with No Internet” would not be any exaggeration.