Sources of Law Constitutional Law (Federal and State) Statutory Law at the Federal Level Statutory Law at the State Level Local Laws of Cities‚ Countries and Towns Common Law Court Decisions-provide interpretation or clarification of the law stare decis Custom Federal Court U.S. is a party Federal question-arising under federal law Diversity of Citizenship Jeff Bauman v. Dzhokar Tsarnaev – Civil or Criminal? If Jeff Bauman was to sue‚ it would be a civil case because the individual
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March 2001 Agency Law and Contract Formation ISSN 1045-6333 AGENCY LAW AND CONTRACT FORMATION Eric Rasmusen Discussion Paper No. 323 05/2001 Harvard Law School Cambridge‚ MA 02138 The Center for Law‚ Economics‚ and Business is supported by a grant from the John M. Olin Foundation. This paper can be downloaded without charge from: The Harvard John M. Olin Discussion Paper Series: http://www.law.harvard.edu/programs/olin_center/ March 2001 Agency Law and Contract Formation
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Common law and equity: the reasons behind the creation of equity. What is it and how is it different from common law? What is the present relationship between common law and equity? Methodology In order to provide a broader image of the principles applied by equity and the common law‚ secondary research was carried out. The process involved both gathering information from the internet websites and Business Law textbooks. Findings The development of English
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Around 800 C.E. a large group of people called the Vikings sailed down from their homes in Denmark‚ Norway‚ and Sweden and started terrorizing Europe. During their 300-year time‚ they did many things‚ but one of the most important was helping develop Feudalism. The Viking raids helped shift power to lords and nobles and away from kings. The Vikings attacked the outer edge of a kingdom because the king and his army usually lived in the middle‚ two to three weeks away from the outside. Because of
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CIVIL LAW GOLDEN NOTES 2011 UNIVERSITY OF SANTO TOMAS FACULTY OF CIVIL LAW MANILA Academic Year 2011‐2012 CIVIL LAW STUDENT COUNCIL Lester John A. Lomeda Wilfredo T. Bonilla‚ Jr. Raissa S. Saipudin Bernadette Faustine C. Balao Marc Mikhaele J. Santos Victor Lorenzo L. Villanuea President Vice‐President Secretary Treasurer Auditor Public Relations Officer TEAM: BAR‐OPS 2011 Diane Camilla R. Borja Carlo Artemus V
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grounds. The purposes of Legislation/statute lifting the veil is usually for enforce the company law. The corporate veil can be lifted by specific provision in Legislation/statute or by discretion of the courts. The main reasons why lift the veil of corporate:- * To expose shareholders who misuse the corporate veil to hide or avoid their own wrong doings. * To enforce the provisions of company law. * To avoid fraud. * To deal with a group of companies. Lifting the veil of corporate
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When you sit down to study‚ how do you transfer that massive amount of information from the books and notes in front of you to a reliable spot inside your head? The best way to facilitate that kind of "file transfer" is to develop good study habits‚ as outlined below. At first‚ it’ll take a good deal of conscious effort to change your studying ways‚ but after a while‚ it’ll become second nature‚ and studying will be easier to do. Manage your time. Make a weekly schedule and devote a certain amount
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exchange of promises between two or more parties to do or refrain from doing an act which is enforceable in a court of law. www.wikipedi.org A contract is a binding agreement between two or more people stating to do something or refrain from doing something. Not all agreements are classified as contracts. A contract is known as an acceptance or offer enforced by law between two or more people. When creating a contract all people or parties involved must intend to create a legal relations
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An unregistered firm can institute a criminal proceeding for | 1. | Incorrect | Which of the following types of damages are NOT available in contract cases? Your answer: Equitable remedies The correct answer: Pecuniary damagesINCORRECT. The major form of relief in contract cases is monetary damages. Other potential types of damages are equitable‚ and tort damages‚ including punitive damages. | | 2. | Incorrect | Cecil has a contract for $2000 to paint Buck’s house so that Buck can place the
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I. Statement of the Problem What marketing strategy is needed to have a competitive advantage for Ford Motor Company? II. Background of the Problem Henry Ford founded the Ford Motor Company in 1903. It was one of the world’s most profitable corporations. In recent years however‚ Ford have not fared well because of the recession and maybe their consumers were not satisfied. In 2009‚ Ford faced declining sales of 23.4 percent‚ a change in leadership and a great possibility that it would have
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