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    Study Guide for Business Law

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    Chapter 11 Internet Law and Ethics The Internet is a substantial catalyst for continuing globalization‚ breaking down national boundaries and rules to allow free interchange of communications‚ ideas‚ goods and services around the world - 52% agreed that by 2020‚ the free flow of information on the Internet “will completely blur current national boundaries as they are replaced by…geographically diverse and reconfigured human organizations tied together by global networks” Policy makers‚ users

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    Business Law: Final Exam

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    BUSINESS LAW FINAL * Article 2 governs sales of goods- True * Delivering of a title- Sale * A warehouse receipt is a document that provides proof of ownership of commodities that are stored in a warehouse * Shipment contract- the seller is required or authorized to ship goods by carrier‚ such as a trucking company. The title passes to the buyer at the time and place of shipment * The risk of loss in a shipment contract passes to the buyer or lessee when the goods are delivered

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    Who is a Consumer as per Consumer Protection Act 1986 Introduction:The industrial revolution and the development in the international trade and commerce has led to the vast expansion of business and trade‚ as a result of which a variety of consumer goods have appeared in the market to cater to the needs of the consumers and a host of services have been made available to the consumers like insurance‚ transport‚ electricity‚ housing‚ entertainment‚ finance and banking. A well organized sector

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    Business Law Practice Questions MULTIPLE CHOICE (answers at bottom of page) 1. Paul filed a lawsuit for false imprisonment against Dan’s Bookstore. During a visit to Dan’s Bookstore‚ Dan stopped Paul as he left the store. Dan accused Paul of stealing a book from the store. After briefly looking into Paul’s shopping bag‚ Dan determined that Paul did not shoplift. He apologized to Paul and released him. On these facts‚ Dan will likely: a. b. c. win the case‚ because the shopkeepers’ privilege

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    Definition – the law of Trust determines the relationship among trustee‚ trustor and beneficiaries over the property. Trustor means owner of the property‚ which enjoys extended bundle of rights over his property. Trustee is a person who manages the property. Beneficiary: A beneficiary is anyone who receives benefits from any assets the trust owns. We have two types of trust. First division of types: First is Inter Vivos - the management of the property during one’s lifetime. Mortis Causa –

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    Business Law Class Notes

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    LIABILITY OF DIRECTORS A director plays a vital role in a corporate organization. They manage the business‚ design business policies and select the officers. Liability of the directors is a crucial aspect where a director is expected to be honest‚ vigilant and protect the shareholders trust in him. Shareholders own the corporation and elect the board of directors whose approval is required for major corporate actions. Liability comes into picture when directors or officers tend to cause financial

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    BROKAW v. WINFIELD MT UNION COMMUNITY SCHOOL DISTRICT BUSINESS LAW 211 A tort is a civil wrong or injury other than breach of contract. A court will provide a solution or action for damages.  Sometimes an individual may commit what is considered an assault. A situation involved this athletic event where the tort occurred during the course of play before the whistle has blown.  This behavior may result in a penalty and a suspension‚ but it is not compensable by means of the civil liability way

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    Hong Kong Business Law Assignment 1 1. Zoe wants to sue the retailer to claim back property damage of $22‚000. The consumer claim to sue the retailer of HK$22‚000 is a minor monetary claim. The Smalls Claims Tribunal was set up to deal with monetary claims involving amounts not exceeding HK$50‚000. It is an inferior court which provides a quick ‚ inexpensive and informal method of adjudicating disputes relating to minor monetary claim. Legal representation is not allowed. It is most feasible

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    Fordham International Law Journal Volume 20‚ Issue 5 1996 Article 6 The Role of Law in Business Development Ibrahim F.I. Shihata∗ ∗ Copyright c 1996 by the authors. Fordham International Law Journal is produced by The Berkeley Electronic Press (bepress). http://ir.lawnet.fordham.edu/ilj The Role of Law in Business Development Ibrahim F.I. Shihata Abstract Part I of this Essay concerns the law of developing nations as it effects business growth. Part II describes the legal framework

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    Business Law Grocery Paper

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    Construction. The personal service contract is the main reason the courts would not grant such a request because the “courts would find it difficult or impracticable to supervise or monitor performance of the contract” (Cheeseman‚ 2004‚ p. 311). Masterpiece Construction attempts to escape responsibility for the improper workmanship by formulating two arguments; these arguments include (a)

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