BUSINESS LAW Oscar Kikoyo‚ Advocate Dip. Philosophy‚ LL.B (Hons)‚ MBA (IB) Executive Secretary‚ Surface & Marine Transport Consumer Council‚ NSSF Waterfront‚ P.O BOX 14154‚ Dar es salaam‚ www.sumatraccc.go.tz 4/9/2014 1 What is Business? • Business is a commercial activity engaged in as a means of livelihood or profit‚ or an entity which engages in such activities. 4/9/2014 2 What is Law? • Law is the body of rules designed to regulate human conduct within a given
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Travis J. Beasley LAW/ 421 Version1 Contemporary Business Law Role and Functions of Law Mrs. Safiya Byars The United States Constitution states in Article VI that the Constitution‚ and all laws made under it‚ “shall be the supreme Law of the Land”. These laws affect all persons and entities on a daily basis. In business law is often used in larger businesses to make sure the company stays in compliance with all the states laws. Large companies often keep what is called “in-house”
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CONSTITUTIONAL LAW TUTORIAL DISCUSSION 2 a) Discuss the fundamental difference between the provisional organic law and the ruling under Kaseng v Namaliu. The provisional laws are organic laws that were enacted before the constitution came into operation. The organic laws were enacted by the National Constituent Assembly before the Independence. According to section 266 of the constitution it states: (1) If before Independence Day the constituent assembly has made an instrument expressed to
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Running head: THE ROLE AND FUNCTIONS OF LAW The Role and Functions of Law The Role and Functions of Law Before one begins to ask what the roles and functions of law in business and society consist of‚ one needs to begin by asking for the clear definition of‚ what is law? And how does it pertain to you and the society in which you live in? By definition law is a system of rules a society sets to maintain order‚ protect harm to individuals and property. Law works as several functions and roles
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follow 282 laws by a king. Also‚ if people didn’t follow them they would get a harsh retribution. Hammurabi was king of Babylon 4‚000 years ago. Hammurabi made 282 laws because he believed in fairness to all people. So‚ was Hammurabi’s code of laws fair to all people? First off‚ Hammurabi’s code of laws were just based on evidence from the personal injury law‚ property law‚ and family law of his code. His first law was personal injury which was fair. For example‚ for personal injury‚ law 215 it
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1 The application of customary law in Kenya: The application of customary law in Kenya requires the development of Kenyan legal system. This is necessary because Customary Law was treated differently during different historical time. Then came colonialism and with the introduction of such things as the region law – common law‚ equity‚ statues‚ -they had profound impact on Customary Law. During the colonialism Africans were allowed to keep their customary law then there came integration period
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certain documents with the Register of Companies as per article 76 (1). In instances of public or private companies‚ the documentation may vary depending on the particular circumstances of the company. To further complicate the matter‚ certain tax law requirements may sometimes impact company registration. Formation formalities: Memorandum of association Article of association Registration of memorandum and articles Alteration and addition to memorandum and articles Memorandum of Association
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purpose of laws in society Purpose Of Laws in Today Society Laws have been around for thousands of years and serve many different purposes. Laws set boundaries. Without law‚ how do you know what is right or wrong? Laws make it clear for all who are under them. Their purpose is supposed to be for the protection of society. Laws are for sure needed in society to ensure the safety of the people and to ensure functions properly and efficiently. One of the Major things that laws do is that
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Report Law reform is a process of changing the law. It is done for many reasons and is considered by many agencies of reform. It is then up to mechanisms such as the parliament and courts to further investigate the change. Law reform is needed for a number of reasons. There are three factors that give rise to law reform which are: new technology‚ changing social values and new concepts of justice. Social values are the standards and principles to guide people in thinking about the aspects
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which the three law codes are based upon few universal rules that still are in use today. The rule no one should kill their neighbor. It is found in Hittite Laws‚ Hammurabi’s Law Code and Laws of the Hebrews. Although all three laws codes mention this rule there are different consequences to breaking this rule in all three. Hittite Law followed the “if then” formula‚ which would start with “if‚” then it would be followed by “then‚” describing the punishment (Allen). The three law codes are very
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