Chapter III Commercial Law I. General Definitions a. Commercial Law→ It designates the whole body of laws & regulations applicable to relations between persons engaged in commerce‚ business or commercial professions. b. Commerce→ The word “Commerce” means the exchange of goods‚ products or property of any kind. It includes: sale‚ purchase‚ exchange of merchandises. c. Internal and International Commerce→ Internal: it is the commerce carried on between individuals or corporations within the same
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“All laws are rules but all rules are not laws” The fact that all laws are rules but all rules are not laws can be wholly feasible. According to the Merriam-Webster dictionary‚ a “law” is outlined as an enforceable body of official rules and regulations‚ established by people in authority who use them to govern the affairs of people in a society whereas a “rule” is a special category of law written by state agencies to support‚ clarify‚ or implement specific laws enacted by the legislature called
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The US Laws and Guidelines Governing Fair and Equitable Business Practices BUSN115 September 21‚ 2013 Professor Neal McGregor The US Laws and Guidelines Governing Fair and Equitable Business Practices The United States became one of the most influential world powers virtually overnight. The system of functionality which maintains this growth and power is the refined codes of business practices which are the cornerstone for domestic and international business relations the world over. Due
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ANTIGONE 3 January 2013 Moral Law vs. Political Law The theme of Antigone is the struggle between political law and moral law; the difference of following the law because it is the law and following one’s own morals because you feel it is what is right. The characters in Antigone face this struggle when confronted with Creon’s refusal of a burial for Antigone’s brother Polynices. The ancient Greeks believed that without proper burial‚ entrance into the afterlife was forbidden. It is through
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sustainable business success and shareholder value cannot be achieved solely through maximizing short term profits‚ but through market oriented yet socially responsible activities of the business. Therefore‚ the social responsibility and non price competition tools practices has become an important part of today’s business agenda‚ which indicate the commitment of the business to behave ethically and contribution towards improving the quality of work and social life of the workforce and their families
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ATENEO CENTRAL BAR OPERATIONS 2007 Criminal Law SUMMER REVIEWER BOOK I CRIMINAL LAW – A branch of municipal law which defines crimes‚ treats of their nature and provides for their punishment. Characteristics of Criminal Law: 1. General – binding on all persons who reside or sojourn in the Philippines Exceptions: a. Treaty Stipulation b. Laws of Preferential Application c. Principles of Public International Law Ex: i. sovereigns and other chiefs of state ii. Ambassadors‚ ministers plenipotentiary
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The U.S. government charged that Microsoft had violated antitrust law. Microsoft disagreed. Do you agree with the U.S. government‚ or with Microsoft? In answering this question‚ you may wish to address two issues. Was Microsoft a monopoly? Did it use its monopoly to compete unfairly against other companies? Commencing in 1990‚ Microsoft was investigated and then charged with violation of the Sherman Antitrust Act which governs United States businesses. The company was determined to be a monopoly
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ASSIGNMENT Course Title: Introduction to Business Course Code: BUS 503 Sec: -- Submitted To: --------------------- Lecturer‚ MBA Program‚ BRAC University Submitted By: S. N. S. Date of Submission: 14/08/2013 Case 2.1: Strategy for Competing with Microsoft: Fight or Flight? Question-1: Was it ethical for Microsoft to force users of its Windows operating system to use its internet browsers as well by bundling the programs together and preventing PC manufacturers from making
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Role and Functions of Law Paper Salvador Samuel Siegel LAW/421 August 21‚ 2013 Craig Parker Role and Functions of Law Paper According to "Business Law" (2007)‚ “Business law addresses statutes and regulations affecting businesses‚ families‚ and individuals. Businesses operate in an increasingly global environment where the laws of different governments and judicial systems might conflict. Law has been defined in many ways.” (para. 1). A body of rules of action or conduct prescribed by a controlling
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Employment Law-Wrongful Dismissal Sandy Baratta (former Oracle Vice President for Global Alliance) vs Oracle (software and Hardware Company).2000-San Fransisco. Sandy Baratta claimed to have been fired for her pregnancy and whistle blowing against co-workers. The pregnancy termination claim was based on some deprecating comments made to her by the Oracle Vice President about pregnant executives. Sandy claims she was fired just after she had made a report about Oracle software group lifting some
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