be the effect of a contract entered into with a bankrupt and what kind of remedies were there have for such contracts. Explanation of relevant law According to the Contracts Act 1950‚ under section 2(h)‚ an agreement enforceable by law is a contract. Furthermore‚ S. 2(h) of the Contracts Act 1950 states that any agreement which is not enforceable by the law is said to be void. To have an enforceable contract there must be offer and acceptance. In Section 2(a) stated that a proposal is made when one
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One of the duties that company directors need to comply with is fiduciary duties. This is so as company directors are said to be in a fiduciary relationship with the company. When directors are in a fiduciary relationship with the company‚ they are prohibited from doing any acts deemed prejudicial to the company. In other words‚ by applying the judgment in Hospital Products Ltd v United States Surgical Corpn‚ directors cannot and should not use his position to receive personal gains. The traditional
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Citizen The Hammurabi Law code was made for babylonians to stay under command. Mosaic Law code is to teach people to obey God and to be holy. There are very little similarities between both the Law codes‚ but differ significantly. The Mosaic Law differs from the Hammurabi Law code because it was created to show people the image of God and His holiness unlike Hammurabi which is made to keep people from harming others and shows them the appropriate way to act. These Laws affect the way people act
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Q1) What is a company secretary? Which companies must have secretary? A company secretary is appointed by directors has the responsibility to make sure that company’s and directors obey corporate legislation and financial regulations (Business Dictionary n.d.). Company secretary is responsible for all matters of administration that relate to the company and the tasks which are delegate by directors under the Companies Act. For instance‚ taking the minutes of board meetings and maintaining the company
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Present and evaluate some important elements of HLA Hart’s theory of law. How does it represent an advance over Austin’s theory? What are some problems with Hart’s account? H.L.A. Hart presents a theory of law based on the assertion that‚ the most important characteristic of law is the element of rules that enforce obligation or duties rather than rules that confer authority or sovereignty. Hart intends to offer a superior analysis of the unique formation of a public legal system as well as an improved
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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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Kant has made many contributions in the areas of metaphysics and ontology and understands reality on another level of humans during his time on this planet. The Kanation Theory deals with multiple characteristics of human nature‚ including; Reason‚ Duty and Human will. These three areas make up the Kanation Theory along with the categorical and hypothetical imperatives that help make up Kants view on human society. A humans reason is the make up of the decision that coincides with how the individual
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trader Idea for a business One window scheme Additional duties Civil law partnership Relatively small-scale business activity conducted by at least two entities Partners Business name Civil law partnership is not a separate legal entity. Only its partners are such entities However‚ civil law partnership is subject to VAT and excise tax as if it were a separate entity There is no initial capital Civil law partnership Civil law partnership agreement should specify‚ as a minimum (art
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off-duty jobs that officers take hazes the line between private and public policing‚ raising questions about accountability‚ officer decision-making‚ police/community relationships‚ (Stoughton 2016). together off-duty jobs add up to over 143‚000 full-time sworn officers‚ that is about a fifth of all state and local officers in the U.S. and about 80% of law enforcement agencies allow officers to engage off-duty jobs‚ with tens of thousands of officers racking up millions of hours of off-duty (Stoughton
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Business Law Unit 2: Negligence and Duty of Care Kaplan University 7/13/13 Negligence and Duty of Care Gloria Rodriguez Business Law August 12‚ 2013 Negligence and Duty of Care Scenario: As pedestrians exited at the close of an arts and crafts show‚ Jason Davis‚ an employee of the show’s producer‚ stood near the exit. Suddenly and without warning‚ Davis turned around and collided with Yvonne Esposito‚ an 80-year-old woman. Esposito
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