second example Sarah has committed robbery by taken anothers property by force. 3.In this final example Sarah has committed burglary while breaking and entering. Noting the basic differences regarding the crimes: In the first example of Larceny‚ which involves no force or threat to human life it would be considered the least severe penalty of the three. Burglary‚ because it would involve breaking and entering is not considered to be as severe as robbery‚ however more severe than larceny. Robbery
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Business Law is a subject that business and commerce students study in their course. Because they are not the students of Law therefore a question may arise in the mind of a student “Why I am studying business law?” but the answer is quite reasonable that a business student has to run some business in future‚ either his own or he may be a manager in some business owned by other individuals. In order to start and run the business smoothly he must know about the laws relating to his business issues
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measures and initiatives taken by local law enforcement organizations in the U.S. in response to increased terrorist attacks. It analyzes‚ and interprets information obtained from the studies conducted by other academic scholars on this topic‚ in addition to information sourced from the resources of a number of law enforcement organizations operating at the local level in the United States. This research established that the initiatives and measures taken by local law enforcement agencies in the U.S
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1 . “The fundamental attribute of corporate personality is that company is a legal entity distinct from the members.”Elucidate the statement .Also specify the important features of a company. 2 . Discuss the essential elements of a valid contract. 4 . What are the characteristics of negotiable Instrument? Discuss the ‘privileges’ of holder in due course as per the provisions of the Negotiable Instruments Act‚ 1881? Also state the important amendment to be incorporated under sec 138 of the
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into resources and products and services into money Regulation – the rules which control behaviour Stakeholders – individuals and groups who may affect or be affected by the actions‚ decisions‚ policies‚ practices or goals of an enterprise PESTLE – Political‚ Economic‚ Social cultural‚ Technological‚ Legal‚ Environmental or Ecological 1.2 Law Law – the total of rules at a certain point in time within a territory and or market‚ which companies and stakeholders must or can implement and which are created and enforced by bodies with the authority thereof
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Important Laws That Affect Your Business Introduction: In the present world business plays an important role in every sphere of life. Business determines one’s life style‚ standard of living‚ education and even cultural standard. So to lead a bette-r life we need to understand business and study business. Business is dynamic – always changing. Coping with both predictable and unpredictable events can be easier‚ more efficient‚ and less traumatic if we understand business. Study of business will help
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Genuine Assent Are you for real? -Valid‚ void‚ voidable. -Valid: perfectly fine contract. -Void: contract cannot be used. -Voidable: a party of the contract has the right to declare it void. -Unilateral Mistake: mistake by one party‚ has no effect on the contract. Contract must be followed‚ even with mistakes. Valid contract. -Mutual Mistake: mistake made by both parties. Causes agreements to be void. -Existence of subject matter. -Nature of the agreement. (For some really good
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The issue of this case is whether Freeze Bhd. (FB) has acted as an agent of necessity in the situation and qualified to claim for warehouse storage charges from Nice to Eat Restaurant (NER). Section 142 Contract Act 1950 states‚ “An agent has authority‚ in an emergency‚ to do all such acts for the purpose of protecting his principal from loss as would be done by a person of ordinary prudence‚ in his own case‚ under similar circumtances.” According to Section 142‚ an agency by necessity may arise
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BUSI 2601: BUSINESS LAW CHAPTER 1: THE ROLE OF LAW How Do We Define Law? 1. Law is needed to protect persons and property; it prohibits conduct that society believes to be harmful to others. The law punishes a wrongdoer who is found guilty of such conduct‚ and usually also give the vistim a right to obtain compensation from the wrongdoer. It prescribes simple but vital rules that allow us to get on with our everyday lives. 2. Law gives government the powers to act for the benefit of society
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DIPLOMA IN BUSINESS ADMINISTRATION PRINCIPLES OF BUSINESS LAW (BA333) ASSIGNMENT TERM ONE 2006 Instruction: • Answer ALL questions. • Marks will be awarded for good presentation and thoroughness in your approach. • NO marks will be awarded for the entire assignment if any part of it is found to be copied directly from printed materials or from another student. • Complete this cover sheet and attach it to your assignment. Student declaration: I declare that: I understand what
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