Business Law Notes Definition of Law Definition of Law – A rule of civil conduct prescribed by the supreme power in a state‚ commanding what is right‚ and prohibiting what is wrong. Nature of Law Functions of Law - To maintain stability in the social‚ political‚ and economic system through dispute resolution‚ protection of property‚ and the preservation of the state‚ while simultaneously permitting ordered change. Law and Morals * Are different but overlapping; law provides
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Name:_______________ Business Law I: Final Exam Study Guide [20 points] Material Tested: Chapter 1: Laws and Their Ethical Foundation (p. 04-23) (30 points) Chapter 2: Constitutional Rights (p. 24-47) (30 points) Chapter 3: Court Systems (p. 48-63) (30 points) Chapter 5: Civil Law and Procedure (p. 84-105) (30 points) Long Essay: Explain how legal knowledge will be applied in your personal life beyond high school. (30 points) Instructions: Your final exam of 150 points will include the
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BUSINESS LAW ESSAY PLAN ➢ Acceptance must be communicated to be effective. ➢ Where the parties contemplate acceptance by mail‚ acceptance will be complete as soon as the letter is properly posted. Postal rule definition ➢ Actual communication versus constructive communication ➢ Actual acceptance (real) versus constructive acceptance (postal rule) (Graw p.89) ➢ Contract is an agreement which the law enforces. ➢ Contract law is the basis of business law ➢ Two main sources:
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BUSINESS LAW ASSIGNMENT MANAGEMENT AND DEVELOPMENT INSTITUTE OF SINGAPORE UNIVERSITY OF BRADFORD DIPLOMA IN BUSINESS MANAGEMENT DBMD21176B BUSINESS LAW ASSIGNMENT GROUP MEMBERS NO NAME FIN NUMBER PM 1. SHIVRAJ PATEL G1099448P 2. DINESH JAGWANI G1096070W 3. ANDREY SAPUTROSUGO G1100087N DATE: ANALYSIS /40 RESEARCH /30 ORGANIZATION /15 PRESENTATION /15 NAME OF LECTURER: Mr. DANIEL THEYAGU BUSINESS LAW ASSIGNMENT CONTRIBUTION TO THE CLASS ASSIGNMENT MADE BY
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MANAGEMENT SUBJECT; BUSINESS LAW LECTURER; MR MWAKAJINGA TYPE OF ASSIGNMENT: INDIVIDUAL ASSIGNMENT DATE OF SUBMISSION; 09 DECEMBER 2013 NAME: URASSA FAITH BHRM/T.2012/20 Question: Choose any legal source of law in Tanzania and explain its relevance to Tanzania development According to Carl F.Stydvin and Linda Mulcahy [2007}Law is the set of rules that governs a society and create a structure of authority or government to run the social order. Law is binding on the person
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Business law *CONTRACT 1) consent- both parties agreed to the conditions of the contract The OFFER should be certain. *Vices of consent (contract is voidable) 1) error or mistake- honest mistake in the amount/ contract. Ex: error in number of units 2) violence or force- forced someone to sign a contract. You never really want to sign it. 3) intimidation or threat or duress- same with number 2. 4) undue influence- ex: superior talking to an employee “if you did not sign the contract meaning
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Question 1(a) The legal issue and problem in this question is whether Micky has a contract with Ureach Mobile Co. Section 11 of Contracts Act 1950 provides who are competent to contract‚ that is those who are of the age of majority according to the law to which she is subject‚ have sound mind‚ and not disqualified from contracting by any law to which he is subject (KrishnanL‚ RajooL‚ & VergisA.C‚2009). On the other hand‚ the Age of Majority Act 1971 states that the age of majority is
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Assignment Total Words : 1051 Name : Zi Lin ( Emilie ) Student Number : 706479 Teacher’s Name : Jonathan Bowlby Group : 4 Case1 Issue Does XZA Bank Pty Ltd have legal right to sell Ji’s house based on the loan contract he signed? Rules The case of Commercial Bank of Australia v Amadio[1] and Blomley v Ryan[2] demonstrate the bank’s conduct were unconscionable. The court look at 3 main elements to determining whether to activate the doctrine of unconscionability
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FACULTY OF LAW UNIVERSITI TEKNOLOGI MARA LESSON PLAN : SEPTEMBER 2012- JANUARY 2013 COURSE : BUSINESS LAW – LAW 416 LECTURER : PUAN FAZLIN MOHAMED ZAIN (Email: fazlin.mz@gmail.com‚ Room No.315‚ C2) |Week No. |Topics |Date (tentative) | |WEEK1 |Introduction | | |
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that only cases involving more than $75‚000 in potential damages may be filed in a federal court. 2. ｂ : n the legal system of the United States‚ a long arm statute is a law which allows a court to exercise jurisdiction over people and companies in other states. owever‚there are a number of ways in which jurisdiction is limited. In the case of a long arm statute‚ the law involved is the law limiting personal jurisdiction‚ determining where people can be tried on the basis of their residence and connections
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