Chapter 1 Introduction to Law and Legal Reasoning TRUE/FALSE QUESTIONS A1. The stability and predictability of the law is essential to business activities. ANSWER: T PAGE: NAT: AACSB Analytic B1. 2 TYPE: AICPA Critical Thinking = An important function of the law is to provide jurisprudence. ANSWER: F PAGE: NAT: AACSB Reflective Thinking 2 TYPE: AICPA N Critical A2. Law is a body of enforceable rules governing relationships among individuals and between individuals and their society. ANSWER: T
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light of the unfair‚ prejudicial and oppressive conduct of the Respondents‚ the applicant seeks amongst other things an order requiring the Respondents to purchase the Applicant’s shares‚ as is authorized by s. 248(3)(f). [68]This remedy has the greatest potential to remedy the oppression‚ unfair disregard and prejudice the applicant has suffered in this circumstances. [69] It is clear that the business relationship between and the Respondents has completely broken down. The past actions of the Respondents
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Discuss the requirements for a valid contract. A contract is an 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
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FOUNDATION IN LAW – 2013 English Legal System Assignment Yong Suan Kai Question 1 (a) Briefly explain the history of the English common law prior to the Norman Conquest in 1066. (5 marks) (b) State the developments of the common law after Norman Conquest in 1066. (6 marks) (c) Explain the drawbacks of the common law system in England and Wales. (7 marks) (d) What are the effective developments that have taken place to overcome the problems faced by the common law
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1/9/2015 Westdeutsche Landesbank Girozentrale v Islington LBC Wikipedia‚ the free encyclopedia Westdeutsche Landesbank Girozentrale v Islington LBC From Wikipedia‚ the free encyclopedia Westdeutsche Landesbank Girozentrale v Islington LBC [1996] UKHL 12 Westdeutsche Landesbank v Islington LBC Court Full case name Decided Citation(s) House of Lords Westdeutsche Landesbank Girozentrale v Islington London Borough Council 22 May 1996 [1996] UKHL 12 (http://www.bailii.org/uk/cases/UKHL/1996/12
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Common Law and Equity Prior to the Judicature Act 1873-75 on Fusion Fallacy The early development of equity categorized it as a separate system from the then existing common law. However‚ Lord Chancellor’s intervention gradually developed a distinct body of law called ‘equity’ which was well established by the fifteenth century. From then on‚ the Chancellor’s jurisdiction was exercised via what later becomes ‘court of Chancery.’ The existence of these two systems at times conflicted because of the
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whether integrative bargaining is driven by the interjection of equity principals into what was traditionally a law driven enterprise‚ that of negotiation. It is argued that the stability of contract which results from an earlier application of equitable principals in the negotiating process is just as crucial to integrative bargaining as the desire to increase the pie. With this conclusion‚ it becomes apparent that solutions which encourage integrative bargaining will result in more stable contracts
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Blizzard Entertainment‚ Inc.‚ 616 F.Supp.2d 958 (D.Ariz. 2010). What is the name for the remedy that Blizzard is seeking? What type of remedy is it? What court decided this case? Specifically where can the court’s opinion be found? ANSWER: The remedy that Blizzard asks the court to provide is an in-junction—defined as an order to do or to refrain from doing a particular act. An injunction is an equitable remedy. The U.S. District Court for the District of Arizona decided this case in 2009. The opinion
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Sources of common law I. Sources of the Common Law A. Court Decisions The principal source of positive law in the common law system is customary law. The common law system has some analogies to French medieval law: trial by jury‚ the binding nature of precedent. B. Statutes and treaties Statutes and treaties are the other source of law in the anglo-saxon world. However to be enforced even statutes and treaties must be ultimately interpreted by judges. Statutes are however controlling; that
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Week 4 Knowledge Check Study Guide Concepts Mastery The agency relationship and types of agencies the workplace Questions 100% 1 2 3 100% 4 5 6 100% 7 8 9 Types of discrimination in Score: 9 / 9 Legal remedies against employment discrimination Concept: The agency relationship and types of agencies Mastery 1. 100% Questions 1 2 3 Identify the true statement about principal-agent and employer-employee agency relationships. A. The employee in an employer-employee relationship
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