Contracts (C3‚ pg 58) |Nature of contract |- Legal relationship consisting of the right and promises constituting an agreement between the parties that give each party a legal | | |duty to the other and also the right to seek for breach of those duties | | |- Consensus ad idem (meeting of minds); what the parties agree on must be clear and unambiguous and parties must be ad idem. |
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ART 1163 Every person obliged to give something is also obliged to take care of it with the proper diligence of a good father of a family‚ unless the law or the stipulation of the parties requires another standard of care. Specific or determinate – identified by tis individuality. Cannot substitute Generic or indeterminate – refers only to a class or genus [genus nunquam perit: genus never perishes] Duties of debtor in obligation to give a determinate thing 1. preserve the thing a. diligence
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Differences between Election Protest and Quo Warranto Proceedings While both have one objective which is to remove the winning candidate from office‚ an election protest may be distinguished from quo warranto proceedings as follows: DIFFERENCE ELECTION PROTEST QUO WARRANTO As to who may file Filing is limited to a candidate who has duly filed a certificate of candidacy‚ and has been duly voted for Petition may be made or filed by any voter. As to the grounds Based on fraud or irregularity
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Companies Act Chapter 81:01:- "No association‚ society‚ body or other group consisting of more than ten persons may be formed for the purpose of carrying on any trade or business for gain unless it is— (a) incorporated under this Act; (b) Formed under some other written law; or (c) A partnership" According to the Companies Act Chapter 81:01‚ a “shareholder”‚ in relation to a company‚ means a person described in section 107(1); which states that a shareholder is: (a) a person who is a member
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UNIVERSIDAD AUTONOMA DE NUEVO LEON FACULTAD DE CONTADURIA PÚBLICA Y ADMINISTRACION LICENCIADO EN NEGOCIOS INTERNACIONALES LAW V Abraham Garcia Final Project “The Associated Press vs. Fairey” Priscila Casanova Villalpando ID# 1444411 Juan Carlos Marx Gomez ID#1536312 A ciudad universitaria‚ Nuevo león. 20 de mayo 2013 The Associated Press vs. Fairey A PHOTO FINISH? COPYRIGHT AND SHEPARD FAIREY’S USE OF A NEWS PHOTO IMAGE OFTHE PRESIDENT Shelly Rosenfeld “Most importantly‚ I am
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four main sources of law in England‚ legislation or Statute Law‚ common law‚ European Union law and the European Convention on Human Rights the United Kingdom of Great Britain and Northern Ireland (UK) consists of four countries: England‚ Wales‚ Scotland and Northern Ireland. Some law applies throughout the whole of the UK this essay will discuss the operation of Precedent‚ the role played by the Court hierarchical and law reporting Question 1 the different sources of law in England There
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Equity 4 Textbook 1 Chapter 7 Equity- The first Building Block Liability is a fixed obligation and must be paid back. Equity is residual and does not have a fixed repayment requirement. Equity can also be thought of as the foundation of a business as in the old adage. Equity provides: The cushion to absorb shrinking asset in a downturn The resilience to withstand operating losses; The leverage to avoid debt carrying costs Equity represents the ultimates business risk. In relation to the risk/reward
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1 – Partnership Ownership Changes & Liquidations - Heading Chapter 14: Partnership Ownership Changes & Liquidations 3 – Partnership Dissolution - #1 • Dissolution is a legal termination • UPA § 31 & 32: – admission or withdrawal of Pr results in Pp dissolution • When act of dissolution occurs‚ Prs may – continue business as new Pp or – liquidate 2 – Partnership Dissolution - Heading Partnership Dissolution 4 – Partnership Dissolution - #2 • Remember dissolution is not
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FIT5157 Services Science Tutorial 1 Understanding Services & Service Strategy Objectives: ν Identify and critique the five distinctive characteristics of a service operation ν Describe a service using the five dimensions of the service package. ν Use the service process matrix to classify a service. ν Describe how a service competes using the three generic service strategies. ν Discuss the competitive
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which the Court can order that a company be wound up compulsorily. B.H McPherson defines winding-up as a process whereby the assets of a company are collected and realised‚ the resulting proceeds are applied in discharging all its debts and liabilities‚ and any balance which remained after paying the cost and expense of winding-up is distributed among the members according to their rights and interests or otherwise dealt with as the constitution of the company directs. S213 of the 1963 Act sections
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