MS EDUCONZ PVT. LTD. LAW& AUDIT What is Law? Law means a ‘set of rules’ which governs our behaviours and relating in a civilized society. So there is no need of Law in a uncivilized society. Why Should One Know Law? One should know the law to which he is subject because ignorance of law is no excuse. Sources of Mercantile Law in India English Mercantile Indian Status Law Judicial Decisions Customs and Usages STUDY NOTE – 1 : INDIAN CONTRACT ACT‚ 1872 Section 1:Short Title The
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Boeing also uses leverage of large buying power to ask the Russians to not sell to other industries because of the scarcity of the resources. Law of Demand: demand is a schedule or curve that shows the various amounts of a product that consumers are willing and able to purchase at each of a series of possible prices during a specified period. The law of demand basically states as price falls the demand rises and has the price raises the demand falls. Other factors to pay a part in the price
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| Tort Actions | Week 3 Law 421 | | David Tiffany UOP | Shalandrea Jones | October 29‚ 2012 | Torts are civil laws that are broken and are rules for lawsuits. When these rules are broken they can result in injury and harm this is usually the basis for the claim. Torts are punishable by imprisonment but in most cases tort law is to provide relief for damages and to stop others from doing the same thing
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There are many laws in the world today that some may find are neither rational nor fair for all the parties involved in the situation. I have chosen two laws that I do not think are logical‚ these two are apparent authority and executory process. The first law I will be discussing is an agency this is the right one person has to execute business on behalf of another person or corporation. There are three important parties involved in an agency relationship; the agent (this is who can enter a contract
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Morality‚ coming from the Latin word moralitas‚ which is the basic human concept of what is right and what is wrong. Legislation is law which has been created by a legislature or other governing body. The term may refer to a single law‚ or the collective body of enacted law‚ while context is also used to refer to a single law. Honestly it is nearly impossible to have control over the actions of people of what is right and wrong‚ to totally control that aspect from society you have to start with
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Adams (2013) also stated that since objective evidences may also be needed in determining the breach of good faith‚ it is easier to bypass the subject test and prove that such conduct failed to act for a proper purpose. Fiduciary duty cases at general law on the proper purpose rule are considered when determining the scope of ‘proper purpose’ in CA s 181 (2). That is to say‚ the two-step process proposed in Howard Smith v Ampol Petroleum should be used under such circumstance to prove the improper purpose
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convicted. Before you go any further please listen to audio presentation 2 which you can access from the criminal law page of the VLE. It is important that you do so as it will give you an overview of the topic and guidance on the terms considered in this chapter (i.e. actus reus and mens rea). You will now be aware that every offence is defined somewhere – either in a statute or at common law – and will be composed of a number of elements with which you should be familiar. Note that you should be equally
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ECONOMIC LAWS Concept of Law: Law means “rule or conduct”. A law expresses the causal relationship between two sets of phenomenon. Like other sciences‚ economics also collects facts and undertakes their systematic study. The facts are analysed and conclusion drawn. These conclusions establish causal relationship between the concerned facts. These are called laws or generalisations. Collection of facts ⇨ Systematic Study of facts ⇨ Establishment of facts ⇨ Analysis of facts ⇨ Conclusion has
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African Consolidated Resources Plc and Others Minister of Mines and Mining Development and Others (HC 6411/07) [2010] ZWHHC 86 (6 September 2010) Download original filesPDF format RTF format | | Bookmark/share this page | [Context] [Hide Context] HH 205-2010 HC 6411/07 IN THE HIGH COURT OF ZIMBABWE HELD AT HARARE In the matter between:- AFRICAN CONSOLIDATED RESOURCES Plc and DASHALOO INVESTMENTS (PVT) LTD and POSSESSION INVESTMENTS (PVT) LTD and HEAVY STUFF INVESTMENTS
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Branches and Sources of Law under the English Law Law009-Law & contract HND in Quantity surveying and Construction Economics/Construction Management Different Branches and Sources of Law under the English Law Law009-Law & contract HND in Quantity surveying and Construction Economics/Construction Management Devan Isuru Wanniarachchi CSCT2012361 Devan Isuru Wanniarachchi CSCT2012361 Explain nature of law and other fundamental concepts relating to English Law (P1) I n order
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