SOURCES OF LAW All the sources have a relevance to the operation of business and management which means that managers and employees have to be aware of them and their different features. PRINCIPAL FEATURES 1. STATUTE. law made by the Government known also as legislation and statute. a. This is law made by Parliament. A Bill goes through several procedures and debates in Parliament and when it is finally agreed it receives the Royal Assent. This is now a formality as our system of government
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LAW OF TORT PART– PART–ONE Objectives of this Topic By the end of the topic the learner should be able to: * D fi iti of tort and related t Definition f t t d l t d terms * The difference between tort and criminal law and tort and contract law * Understand the nature and liability of tort * Explain the functions of the law of torts * Explain the capacity to sue or be sued for various p p y individuals and entities * Understand the specific torts their defences and remedies available
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Subject Business Law Subject Number BBC131 Trainer Mr Tony Antoniou Due Date 7th Oct 2012 Chapter 1 LEGAL FOUNDATIONS Tutorial Questions 1 Why did common law become so rigid and flexible? The social behaviour of surroundings where society
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Answers: (d)‚ (a) ➢ Some tips on studying this course Corporations Law is a difficult course. The phenomena giving rise to disputes in the company law context are complex. The corporate law is a mix of statute‚ common law‚ and equity. The typical failure rate of the equivalent course in the Griffith Law School (while I was teaching there) is 30%. The failure rate of the undergraduate Company Law course at Nathan in semester 2‚ 2010 was close to this figure. To pass this course well
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Substantive law is the statutory or written law that defines rights and duties‚ such as crimes and punishments (in the criminal law)‚ civil rights and responsibilities in civil law. It is codified in legislated statutes or can be enacted through the initiative process. Substantive law stands in contrast to procedural law‚ which is the "machinery" for enforcing those rights and duties. Procedural law comprises the rules by which a court hears and determines what happens in civil or criminal proceedings
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Laws are created to maintain equality‚ stability‚ and structure. To maintain order in society‚ laws are established as is punishment for disobeying these laws. Laws are broken down by classification and to some degree‚ may interact with one another. Substantive law sets the ground rules for individuals whereas procedural law is the policy on how to carry out the rules. Criminal law is for the protection of society and civil law is to serve the purpose of compensating someone for a loss due to the
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The Role of Law Esther Sellers The role of law in business is at the heart of everything we do as a United States. The forming of the United States and our Constitution is at the heart of all of our legal decisions. We hold the constitution up to the scrutiny of every case that is presented to the courts. Our laws are created by our executive branches and legislative branches and upheld by our courts. When a federal law is created there are many processes that it goes through
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of property • Trespass - direct an unlawful interference with possession of person‚ property or land‚ regardless or intention of trespasser Tortes verses contract law • Tort law - special relationship other than a contract which forms the basis of civil claims (e.g. Patient/doctor‚ parent/child) • Contract law - legally binding agreement forms the basis of the civil claim • For a tort to be successful - plaintiff must prove existence of certain elements that give rise to
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The law‚ generically known as “a body of rules of action or conduct prescribed by controlling authority‚ and having legal binding force” is the bond that holds the society intact. The most recognizable function is to provide some system of order. According to Melvin‚ that basic fulfillment of the law has spread to mean not only a definition of crimes and determination of punishment for violation of crimes‚ but has evolved to ensure consistency and fairness. The law has grown to promote equality and
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cases come to court due to a dispute over an unclear meaning of an Act. When this happens‚ it is the task of the judiciary to apply statutory interpretation‚ to interpret words of a given Act‚ to give them an exact meaning and to give them legal effect. Statutory interpretation is an integral part of the court ruling process‚ as the role of a judge is to apply the law‚ not make it. When trying to establish Parliament’s intention within an Act‚ there are various aids available to help. Firstly
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