1) Which of the following is a distinguishing feature of a common law legal system? D. The making of law by the judges and the following of precedent 2) Which best describes the types of agency authority held by officers of a corporation? D. Express‚ implied‚ and apparent authority 3) If an LLC fails to follow formalities such as keeping minutes of meetings‚ which of the following is true? C. This failure will not result in imposing personal liability on any member
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Steven Westgate BUS345.01 Business Law I Chapters 9‚ 10‚ 11‚ 12‚ 13‚ 14‚ 15‚ 16‚ 17‚ and 18 Professor Sappington November 3‚ 2003 1) This would indeed be a contract called an implied-in-fact contract. This is a contract that is implied from the conduct of the parties. Unlike other contracts‚ the contract was created through the conduct of the parties‚ not through words. This is what Miller and McCleskey have done. The parties both agreed through their
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Myers Psychology 6/e Test Bank I CHAPTER 2 Neuroscience and Behavior Learning Objectives 1. Explain why psychologists are concerned with human biology. Neural Communication (pp. 48-54) 2. Describe the structure of a neuron‚ and explain how neural impulses are generated. 3. Describe how nerve cells communicate‚ and discuss the impact of neurotransmitters and drugs on human behavior. The Nervous System (pp. 54-57) 4. Identify the major divisions of the nervous
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Amicable Heritable Securities V Northern Assurance Co 1883 11 R 287 5 Sloans Dairies V Glasgow Corp 1977 Scot CS CSIH_2 4 Wight V Brown 1845 11D 459 4 The concept of insurable interest and the alleged need under Scots law for the requirement of insurable interest by the insured in an insurance policy‚ have recently come under scrutiny. Why is this‚ and what should be done about the problems arising from the requirement for insurable interest? How realistic are the proposals
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a judge‚ will most likely apply the statute. A state constitution is supreme within the state’s borders. True A state law that conflicts with the U.S. Constitution will be deemed unconstitutional. TRUE A substantive law creates or defines legal rights and obligations. True As a judge‚ Jay applies common law rules. These rules develop from
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to enure for the joint lives of the parties (unless terminated by mutual agreement). Section 32(1) (c) is also inapplicable since the parties had indicated that the partnership was to be determined by “mutual agreement”‚ hence subjecting it to a contrary intention. Thus there was no dissolution of the partnership 3. However‚ should dissolution be ordered‚ Morrissey would be prima facie entitled to 1/3 of the capital in accordance with s 24.1 of the PA. However the court in Popat v Shonchhatra
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MANAGEMENT DEVELOPMENT INSTITUTE OF SINGAPORE IN COLLABORATION WITH UNIVERSITY OF BRADFORD DIPLOMA IN BUSINESS MANAGEMENT BUSINESS LAW ASSIGNMENT Presented by Name | FIN/IC Number | Participation Marks Awarded | Gerry Vicentius Sajuti | G1180480U | | Diana Ong Cabillan | G5304258P | | Cecillia Satryo | G1188819X | | ANALYSIS | /40% | RESEARCH | /30% | ORGANIZATION | /15% | PRESENTATION | /15% | Date of Submission: 16 OCTOBER 2012 Name of Lecturer: DANIEL THEYAGU
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QUESTION 1 a. Define a promoter of a company. Explain and illustrate with decided cases his legal position in relation to a company. Though the certificate of incorporation is conclusive for purposes of incorporation‚ using decided cases‚ outline circumstances under which it could be withdrawn.(10marks) ANSWER Definition; A promoter is one who undertakes to form a company with reference to a given project and to set it going and who takes the necessary step to accomplish that purpose - A promoter
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Business Law – Complete Notes from Benjamin Wolfson Class taken Spring 2008 Quiz questions at end of document What is Law: Law is a set of rules for the peaceful resolution of disputes. (*better/more useful than book definition) It is impossible to set up a system that always resolves conflict. -The phrase “law exists to protect our rights” is incorrect‚ because law gives us our rights. Without the law‚ we would not have them. [ryan] we always want disputes resolved peacefully.
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European Business Task 1 Richard Wilson S1076510 Kandis Watson Contents pages Introduction Page 1 Equal pay Page 2-3 Equal treatment in employment (Race and ethnicity) Page 4-5 Employee’s rights during parental leave
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