HUTECH & OUM MBAOUM0512 INTAKE : MAY 2012 – OCTOBER SEMESTER 2012 STUDENT NAME: CHU THI HONG TUYEN ID No.: 2448481 BMLW5103 – BUSINESS LAW ASSIGNMENT Question 1 Discuss the enforceability of an agreement which lacks consideration. Using legal authorities (relevant statutes and cases) to support your discussion. Answer: A valid contract is an agreement made between two or more parties that creates rights and obligations that are enforced by law. What does the consideration mean? And what does it
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regulation in Saudi that has specific implication when settling disputes. It is forbidden in Islamic law by Qur’an when the operation concerned is risky and could result in deceit of one of the parties (http://www.investopedia.com/terms/g/gharar.asp). In this case‚ the U.S could claim that the reparation cost of breaching the contract could be classified as Gharar as it is specific to Islamic law: Saudi being an Islamic country with applicable jurisdiction‚ the US could claim gharar as the cost of
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INTRODUCTION TO BUSINESS LAW The Law of Tort Core Reading: Lucy Jones‚ Introduction to Business Law (Oxford University Press‚ 2011). Chapter 11 on The Tort of Negligence (Refer to pages 340 – 374). Please note that we ARE NOT going through every single areas in relation to negligence. For instance‚ the area on nervous shock. Aims and Objectives: - To enable students to appreciate the general law of tort‚ especially the concept of negligence; To understand how this area applies
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and build some apartments. The contract was signed by Nicole and was also signed ’for and on behalf of Lakeview Developments Pty Ltd’ by Anthony Blunt‚ who showed her his business card describing him as the ’Developments Manager’ of Lakeview Developments. Nicole has just been informed by the company that‚ as Developments Manager‚ Anthony did not have authority to enter into the contract and the company
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Class: SUD1 Business Law Assignment 2 Law of Tort and Negligence Business Law Assignment 2 Law of Tort and Negligence Memo To: Padmanaban Badri Narayanan. From: Doan Le Khanh Vy (Ivy). Regarding: Report On Common Law. Date: 9th December 2012. I am Ivy from class SUD11‚ Sunderland of University. I write this memo to you in order to aid you comprehend my work easier. I have spent a great deal of time for this assignment. This is the first time I study law‚ so there a great
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1. Business law topics such as contracts‚ agency‚ and property are primarily governed by the common law. 1. True 2. False 2. In most states judges are appointed. 1. True 2. False 3. The rational relationship test is more exacting than the intermediate test. 1. True 2. False 4-6. Legislative law includes 4. City ordinances 1. True 2. False 5. The Uniform Commercial Code 1. True 2. False 6. The Restatement of Torts 1. True 2. False
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Business Law 115-351 Paper Topic Submission Form Name: suzi freitas I m a miller wrapper at PERGO. We make flooring‚ wall bases‚ stairnoses‚ quarter rounds etc. I would like to know about the rights of an employee over his/her employer‚ when it comes to take few hours off in two days in a week‚ for he/her educations. This is about me and my employer. I was working with them for 3 years and I used to be one of their potential workers. And then I took a decision to continue my education
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Diego Maradona: One of Soccer’s Greatest Players “Every morning that I get up‚ I should light a candle to the soccer ball.” -Diego Maradona Soccer is the most popular sport in the world‚ and one of the most popular soccer player’s in the world is Diego Maradona‚ star of the Argentina national team and a professional who has led his team to many championships in Argentina
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for incremental & radical innovations‚ be creative‚ think out of the box‚ invent‚ innovate‚ imitate. SHOW & TELL US WHAT YOU PLAN TO DO. If we were Datin Timah given the option whether to take up the Guardian’s offer or just sell off the business to the Watson‚ we will take up the Guardian’s offer rather than sell off to the Watson. This is due to the profit betterment. If we take up Watson’s offer‚ we can only get the short term profit and we cannot longer be in the industry. However‚ if
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THE LAW OF BUSINESS ORGANIZATIONS CHAPTER 4 – Piercing the Corporate Veil Minne B Berkey v Third Avenue Railway Company Overview: This is a New York Court of Appeals decision in 1926 adjudicated by the legendary Justice Cardozo. In this seminal case on ‘piercing the corporate veil’‚ the Court of Appeals finds in favor of the Defendant‚ Third Avenue Railway Company. The Court holds that Third Avenue‚ the parent company of Forty-second Street Company‚ which operated a rail line upon which the
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