BUSN-420-61326 Business Law Hazel G. Sturdebant OUTLINE PAPER TITLE: the common law tradition and sources of law I. THESIS STATEMENT: A. Common law is a legal system that is largely formed by the decisions previously made by courts and not imposed by legislatures or other government officials. The reasoning used to interpret this type of law is known as casuistry‚ or case-based reasoning. It is a strict‚ principle-based
Premium Law Common law United States Constitution
in the business of receiving deposits (liabilities) and to issue debt securities on one hand and create or invest in assets on the other hand during these transactions banks incur costs for their liabilities and earn income from their assets. Asset – liability management is therefore very critical for the sound management of the finances of any organisation that invests to meet its future cash flow needs and capital requirements. An efficient asset-liability management requires maximising the bank’s
Premium Risk management Asset Balance sheet
Common and Civil law legal systems According to Zimmermann there are "as many legal systems as there are national states". Every country has its own unique legal system. However‚ we can allocate among them three main legal systems. These are: Civil Law‚ Common Law and Islamic Law. Civil and Common Laws are the most influential legal systems in the world‚ especially in its Western part. All three of these legal systems have existed and developed for many centuries. Further will follow the description
Premium Common law Civil law
Criminal Liability Essay Criminal liabilities are conditions of being actually or potentially subject to a legal obligation. Liability means legal responsibility for one’s acts or omission‚ also when acts which harms society‚ and which are prosecuted by the government. Sometimes certain negligence can lead to criminal liability. Liability needs to be distinguished from the following concepts: * culpability (purposely‚ knowingly‚ recklessly‚ negligently) - infers intent * capacity
Premium Criminal law
Vicarious Liability‚ what is it? Vicarious commitment insinuates a condition where a business is considered responsible for the exercises or rejections of their specialists. In a workplace situation‚ a business can be held at danger for the exhibitions or prohibitions of its employee’s‚ whether it can be shown that the offenses happened over the range of their occupation. A case when a business can be held vicariously at risk cases can join exhibits of tormenting behavior‚ bullying‚ mercilessness
Premium Management Employment Organization
There is a general duty of care related to common law that the teacher has to do all that is reasonable to ensure the health‚ safety and welfare of all those who are associated through the teacher/student relationship during the school day‚ whilst on the school grounds or during school activities/excursions. The purpose of this report is to examine the need and application of the duty of care policy within a primary school environment‚ using three different scenarios duty of care will be explored
Premium Tort Education Tort law
UNIT 304 - PRINCIPLES FOR IMPLEMENTING DUTY OF CARE 1.1 Within my job I have a duty of care towards all of the children and young people. This is a requirement to exercise reasonable care‚ attention and caution to avoid negligence which would lead to the harm of others. I have to make sure that I keep these children and young people safe at all times giving extra attention towards the younger more venerable children and ensure they are safe throughout. We protect them not only from physical harm
Premium Complaint Pleading Plaintiff
What ways do employers and unions exert their power? In a unionized environment‚ employers exert their power mainly by working against union organizing. Their most important goal is to be union-free. Efforts to control organizational costs have also contributed to employer’s resistance to unions. The management may work towards sidelining union membership by designing work in such a way that it creates a work culture that increases employee commitment and job satisfaction. Employers use a variety
Premium Trade union Collective bargaining Employment
Unit 1 Assignment Understanding Employment Rights and Responsibilities Contracted terms and conditions of employment This is an agreement between me and my employer that states my duties and responsibilities within my work role‚ the conditions of my employment and my rights. The contract should include the name of my place of work‚ the amount of hours I am contracted to weekly and my hourly rate of pay. It should also explain what is expected from me whilst at work. Information that needs to
Premium Employment Palliative care Health care
|PAGE NO. | |1 |Introduction |2-4 | |2 |Overview of Limited Liability Partnership|4-10 | | |Act‚ 2008 | | |3 |Tax implication
Premium Limited liability partnership Corporation Partnership