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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Why we have laws- The law is a legal set of rules that the government and courts have made for everyone to follow. Without laws‚ confusion and chaos would occur. In extreme cases of conflict‚ a state of anarchy would develop. The person with the most strength will start to dominate and the weak and helpless would suffer. However‚ when laws are enforced‚ a sense of order is created resulting in a society where everyone can live peacefully. Why laws change-? Societies’ perceptions have changed over
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Florence Low Poh Geok Program / Intake: BCom27 Module: Commercial Law Lecturer: Daniel Theyagu Student ID: 32736209 Program Manager: Hazel Ong / Ang Kang Ling Total Words Count: 1998 Question 1A The legal point in question is whether Leila advertisement constitutes a binding contract and that she go can back on her promise of paying the reward $50 to Julie for returning the gold chain and locket to her. Relevant principle of law relating to this issue is that an advertisement made to the world
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The English word “law” refers to limits upon various forms of behavior. Some laws are descriptive: they simply describe how people‚ or even natural phenomena‚ usually behave. An example is the rather consistent law of gravity; another is the less consistent laws of economics. Other laws are prescriptive - they prescribe how people ought to behave. For example‚ the speed limits imposed upon drivers that prescribe how fast we should drive. They rarely describe how fast we actually do drive‚ of course
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Problem 1 Issue1 Is the La Rochelle website‚ including the slogan‚ protected by copyright law? Law Copyright law protects text‚ images and other forms of expression. The requirements for protection are as follows: (1) The creation is a ‘work’ or ‘subject matter other than works’; (2) The creation is original; (3)The creation is expressed in a material form. Application The slogan is not a ‘work’ or ‘subject matter’ because Single words‚ names‚ titles‚ slogans are too short to be protected
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What is Freeware? Freeware is software offered free of charge‚ downloadable off of the Internet. If the software requires the user to view ads while using the program‚ it is technically not freeware but adware. Freeware is also different from shareware in that shareware requires a payment if the software is to be used past a trial date. Though freeware does not require financial compensation‚ it does have a user license or EULA (End User License Agreement). Each license is specific to the freeware
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by-laws AUDIT 610 ADVANCED AUDITING ETHICAL CONDUCT & CODE OF ETHIC Prepared for: Madam Fairuz bt Fauzee Prepared by: Nur Rabiah bt Radzi Nur Hidayah bt Johari Nurul Hanisah bt Hasan Rohayu bt Rashid ACB 8Ba Question 1 1. There is violation of ethical conduct under professional independence( Financial interest).it is because Wani not take part in the audit of the client and the value of her shares is not material in relation to her husband wealth. 2. According
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between the role of criminal law and civil law in relation to the legal system and analyse the purpose of the law. Criminal law is the body of law that relates to crime. It might be defined as the body of rules that defines conduct that is prohibited by the state because it is held to threaten‚ harm or otherwise endanger the safety and welfare of the public‚ and that sets out the punishment to be imposed on those who breach these laws. [1] The criminal law serves several purposes and benefits
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Constitutional Laws Constitutional law is the branch of law relates the relationship between the judiciary‚ the legislature‚ and the executive. Constitutional law is responsible for setting out the government’s general operating framework. Constitutional laws usually determine the scope of the terms contained in constitutions‚ and their applications. Constitutional laws cover various areas of law‚ such as individual rights‚ relationships between various bodies of governments‚ legislative
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Obeying the law is a general moral obligation. Usually‚ laws are written from societal ethical codes; therefore the law can embody morality. Obeying the law usually implies the greatest good for the greatest number of people and therefore complies with Mill’s utilitarianism. Especially if the law reflects general morality or protects people from pain‚ such as the admonition against murder‚ utilitarian theorists would argue that obeying the law is a general moral obligation. However‚ there are certain
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