Subject Business Law Subject Number BBC131 Trainer Mr Tony Antoniou Due Date 7th Oct 2012 Chapter 1 LEGAL FOUNDATIONS Tutorial Questions 1 Why did common law become so rigid and flexible? The social behaviour of surroundings where society
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Business Law is a subject that business and commerce students study in their course. Because they are not the students of Law therefore a question may arise in the mind of a student “Why I am studying business law?” but the answer is quite reasonable that a business student has to run some business in future‚ either his own or he may be a manager in some business owned by other individuals. In order to start and run the business smoothly he must know about the laws relating to his business issues
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JAMES COOK UNIVERSITY FACULTY OF LAW‚ BUSINESS & THE CREATIVE ARTS ------------------------------------------------- SCHOOL OF LAW Business Law – BU1112 Brisbane Campus SUBJECT OUTLINE Study Period 1‚ 2013 Important Dates for this Subject: Study Period: 1(amend) Start Date: 25/03/13 End Date: 28/06/13 Census Date: 18/04/13 Withdraw without Academic Penalty by: 10/05/13 BU1112 – Business law BU1112 Business Law is a core subject in the BBus course
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1051 Name : Zi Lin ( Emilie ) Student Number : 706479 Teacher’s Name : Jonathan Bowlby Group : 4 Case1 Issue Does XZA Bank Pty Ltd have legal right to sell Ji’s house based on the loan contract he signed? Rules The case of Commercial Bank of Australia v Amadio[1] and Blomley v Ryan[2] demonstrate the bank’s conduct were unconscionable. The court look at 3 main elements to determining whether to activate the doctrine of unconscionability. • Special disadvantage:
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entitled Albert to claim for a breach of contract from Charlie with four elements of contract to be established here: that the offer been made by Albert and has been accepted by Charlie‚ that parties intend to create legal relationship and that the consideration was provided. The issue here is to determine if a reasonable person would consider offer had been made. An offer may be described as the indication of one person to another of his willingness to contract on specified terms. In Patridge v Crittenden
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shop in Orchard Road. Rule of Law The law on this issue is found in the common law and under stature law. In Preston Corporation Sdn Bhd v Edward Leong (1982)‚ an offer was defined as a willingness to be bound by the terms of an agreement. Therefore‚ it is clearly stated that Samuel is willingly and has agreed to enter into a contract by signing on a receipt unknowingly that there is an additional of $8‚500 to be paid. In the case of Gunthing v Lynn (1831)‚ an offer cannot be vague‚ it has to be
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3. Contract Law “Is My Agreement an Enforceable Contract?” The Law of Contract involves answering 4 questions: (1) Is my agreement an enforceable contract? Are all of the elements of a contract present. (2) If so‚ what does it require me (and the other party) to do? - What “promises” have become terms of the contract. (3) Can I get out of it (without paying some form of penalty)? - Was the formation of the contract defective in some way (ie were there any ‘vitiating elements’ present)
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situation that violated the MIA By Law and explain why. (8 marks) The first situation that violated the MIA By Law is this case is when Ariff Al-Hakim & Associates‚ a Chartered Accountant (CA) firm has been approached by Aminurrashid & Co‚ also a Chartered Accountant (CA) firm to undertake a financial statement audit of VCE Construdtion Work Sdn Bhd for the year ended 30th September 2011. However‚ this situation shows indirectly violation of the MIA By Law as the audit firm can ask the other
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CURTIN COLLEGE BUSINESS LAW 1100 ASSIGNMENT TWO (30%) Part A - Four step process The case study which students are required to resolve using the four step process is set out below. Students are required to apply the relevant legal concepts and principles to analyse and solve the legal issues arising in the case study by explaining and applying their knowledge of the legal principles and rules arising in Australian legal system: topic four to five inclusive. Please note also that
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SAE220 Business and legal studies Lesson 6 Overview 2 Revision § Recap of week 5 and homework 5 § Business Functions: Human Resources § Cash Flow‚ Profit & Loss‚ Balance Sheet § plans and Projections § Sales forecasting § Book keeping and account management § Calculating staffing costs § Homework 6 revision 4 Business Plan – Introduction § Exercise 1 § Seminar presentations § Publicity and PR | Gabriel / Wadah § Direct Marketing | Jack / Nour § Advertising
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