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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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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Question 1 Explain in which way an agency may be terminated by operation of law. (3marks) Answer: An agency is created by express appointment when the principal appoints the agent by express agreement with agent. This express agreement may be an oral or written agreement between the principal and the agent. There are four factors can cause the termination by operation of law. i. Agency is terminated by frustration In Marshall v Glanvill‚ Glanvill who is a firm of drapers appoints
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1. What is a physician that specializes in the diagnosis and treatment of male genitourinary conditions called? Urologist 2. What disease causes the kidneys to overcompensate by straining within the remaining nephrons? Chronic Renal Failure 3. What are most kidney stones composed of? calcium oxalate and calcium phosphate 4. What are three types of bladder stones? Struvite‚ calcium oxalate‚ urate‚ cystine‚ calcium phosphate‚ and silicate. 5. A constriction of the perputial orifice that does not
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that makes them inattentive to the work that is coming their way. That is why they end up falling behind on their side and of course I have to jump in and help them out a bit because customers are waiting for their glasses and it doesn’t help the business when we have to keep refunding the sales due to tardiness. Initial Solutions With the importance of having the respect towards other individuals in the work place I put my imagination to work and brainstormed for solutions. Initial solutions included:
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BUSINESS LAW –II UNIT-I Factories Act‚ 1948 Definition – inspecting staff – Health – Safety – Welfare – Working Hours of Adults – Holidays – Employment of young persons and women – Annual leave with wages object of industrial Disputes Act – Definition of Industrial Dispute – Grievance settlement Authorities – Conciliation machinery – Procedure. Power and duties of Authorities – Reference of Disputes of Boards‚ Courts or Tribunal‚ National Tribunal – Strikes‚ Lock-out‚ Lay-off‚ Retrenchment – Unfair
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consumer goods (UCTA) will be explained. Lastly‚ Peter will be advised regarding this issue. 2. Peter v Salesperson Applicable Law 1: Issue This issue is whether the advertisement brochure is an invitation to treat. It is also important to note whether the exemption clause in the brochure makes the invitation to treat‚ permanent. Applicable Law Firstly‚ an invitation to treat is not an offer. It is an invitation for an offeror to begin negotiations‚ make an offer‚ but does not
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TUTORIAL 2 1. Ali and Abu were neighbours. Ali had to go to Singapore for a business seminar. Before he left‚ he told Abu “Please look after my house”. After two weeks of being away‚ Ali’s house caught fire and Abu could only save a briefcase containing RM30‚000. When Ali returned home‚ he thanked Abu for saving his briefcase and promised he would pay Abu RM2‚000 for what he had done. Later‚ Ali refused to pay what he had promised. Advise Abu. Referring to section 2(d) of Contracts Act1950
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included contracts of utmost good faith‚ statement which are only partially true or distort the truth‚ and the statement which are true at the time of making but change before the contract is entered into. There must be a false statement of fact or law as oppose to opinion or estimate of future events in the case of Bisset v Wilkinson3. At the same time the representation must be untrue. And the person making the representation must know that it is false‚ or not believe in its truth‚ or be recklessly
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Definition of Law a. Law is defined as a set of rules and principles by which a community regulates its activities. b. Law is different and yet similar because it can be applied differently across various borders. c. Unlike law‚ internal rules and regulations of clubs‚ societies and other organizations may only be enforced within the group that governs them. d. Law is therefore concerned with the legal rights and obligations of individuals‚ business organizations‚ various entities
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