BT20403/Company Law Business Entities: Company Law Topics covered: Types of Company Formation of a company; • Promoters Pre-Incorporation Contract • Memorandum and Articles of Association Inconsistency between the object and the company’s activities Upon incorporation: • Company is an artificial legal person • Separate legal entity Lifting the corporate veil scs&ismk/company law CONT. 2 The Effect of Incorporation • Memorandum of Association & Articles of Directors’
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Question 1a Not all agreement is a legally enforceable contract‚ only certain time of agreement with co-hold to the rule of law of contract will become enforceable and such criteria have to be satisfied. A contract to be legally binding or enforceable must include 4 essential elements as follow: 1) The relevant legal capacity to enter into a contract is the first element despite that there are other 3 existing elements; this is in relation to age and mental condition of the relevant contracting
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Sociology of Law Prelim #2 Review Policing and Arrest Cop in the Hood- Moskos Police discretion Factors include: Time of shift Paperwork/processing Age of officer Suspect characteristics Political concerns Police culture Law on the Books v. Law in Action Legal entities as social institutions Legal actors as social actors Profiles in Justice? – Heumann Racial disparities in policing Driving while black Disparities in stops caused by profiling‚ bias etc. Criminal Process
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A contract can be defined as an agreement containing promises made between two or more parties with the intention of creating certain legal rights and obligations and enforceable in a court of law (Gibson & Fraser‚ 2012‚ Business Law‚ p303). A contract must be satisfied certain legal requirements which are agreements‚ intention to create legal relations‚ considerations and capacity. Agreement = Offer + Acceptance Therefore‚ here apply the rule
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|BUSINESS ENTITY | | | | | | | | | | | |Sole Proprietorship |Partnership
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common law and the rules of equity from part of the law of Malaysia. I was reading about some of the extent of the application of the English common law as applied in Malaysia. Any opinioins with sources? First of all as i know we are following UK ’s english common law and other bits and pieces i read around google. As i read from wiki i found out that theres very minimal information on this topic. Could anybody practicing law help me with this? I am actually researching thing for my law presentation
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Describe the limitations and constraints of marketing For this task I will be talking about the how different legal policies can cause problems for different companies and make them have to do things in different ways as to what they would have originally liked to. Legal The first limitation and constraint that I will be talking about will be the legal ones. This would be acts such as the sale and supply of good act. What this means is that when a company is advertising a products to the public
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DEFINITION OF NATURAL LAW Natural law is a law or body of laws that derives from nature and is believed to be binding upon human actions apart from or in conjunction with laws established by human authority. John M. Finnis defines natural law as “a set of principles of practical reasonableness in ordering human life and human community”. Finnis states that natural law consists of two sets of principles. These consist of certain basic values and requirement of practical reasonableness. It
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Describe two business sectors you might want to work in if you were an accountant and why? Two business sectors that I might want to work in if I were an accountant would be the IRS and Government Accounting. I think the IRS would be very interesting and I would be curious on how they examine tax payer’s returns‚ confirm and collect taxes‚ enforce tax laws and preparing and analyzing revenue reports. I always said that if for some reason I become an accountant or anything dealing with money I would
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person’s failure to take reasonable care in circumstances where their conduct might foreseeably cause us harm or loss. What is a tort? • The Law of Torts is concerned with minimum standards of conduct expected between people. • To establish liability for a tort you have to go to court (ie. your right to expect certain conduct is conferred by law). Liability in tort is based upon a ‘relationship of liability’ existing between people‚ in contrast to contractual rights which are based on the
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