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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are three types of propriety rights which can exist at law; they are property rights‚ personal rights and equitable property rights. The first interest to consider is the lease given to Simon. To establish whether Richard will take subject to the interests one would need to consider whether the interest is capable of being legal. A lease has the potential of being created at law‚ as it is one of the two legal estates listed under s.1 (1) (b) Law of Property Act 1925‚ as a term of years absolute. The
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the area. It is an area of national jurisdiction. Also establishes a contiguous zone where the coastal State may exercise the control necessary to (1) prevent infringement of its customs‚ fiscal‚ immigration or sanitary laws and regulations (2) punish infringement of the above laws and regulations committed within its territory or territorial sea. The contiguous zone may not extend beyond 24 nautical miles from the baselines from which the breadth of the territorial sea is measured. 1 Compare and
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OPEN UNIVERSITY MALAYSIA FACULTY OF BUSINESS AND MANAGEMENT Course Code: BBUN 2103 Course Title: Business Law Name: Mariyam Anoosha Afeef Student ID number: S11723225 Tutor Name: Ahmed Nasheed Learning Centre: Villa College Trimester: May 2012 INTRODUCTION We enter into contracts that are made orally‚ every day‚ without us even realizing. For example when we buy something from a shop‚ we make a contract with the shopkeeper. However sometimes written contracts are
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statutory procedures described in Chapter 9 and the rules of natural justice described in Chapter 10 determine the steps to be taken in pursuing the exercise of administrative powers‚ the present chapter is concerned with the rules of administrative law as they are developed and applied for the purpose of defining the scope of any functions conferred on an administrative agency. 11.2 Judicial Review of Substantive Powers It was seen in Chapter 1 that the High Court sets the limits of statutory
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Contracts Summary DAMAGES – REMEDIES FOR BREACH OF CONTRACT THE INTERESTS PROTECTED Fuller and Perdue‚ “The Reliance Interest in Contract Damages” There are three principle purposes in awarding contract damages: restitution interest – object is the prevention of unjust enrichment by the defaulting promisor at the expense of the promisee reliance interest – object is to put the plaintiff in a good position as he was before the promise was made expectation interest – object is to put the
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Sample Tutorial Answers (HBL221N Company Law) To answer all legal questions‚ students are to follow the essential steps of: (1) Identification of the issues in the questions; (2) State the relevant laws that can be used to resolve the issues in the questions; (3) Application of the relevant laws to the facts in the questions to resolve the issues in the questions (i.e. arguments); and (4) Conclusion based on arguments in Point (3). Your conclusion must resolve your issues in Point (1). NOTE:
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the advantages will be the separate legal entity‚ which means that from the view of the law‚ a company is treated as a separate person. Hence‚ the debts of the company will be limited to the amount remaining unpaid on the members’ shares. This is also called “limited liability” of the members. Apart from the limited liability‚ a company has a perpetual succession‚ meaning that it is a continuing entity in law with its own identity regardless of changes in its membership. Membership of a company
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DR. RAM MANOHAR LOHIYA NATIONAL LAW UNIVERSITY‚ LUCKNOW B.A. LL.B. (HONS.) IX SEMESTER SUBJECT: Law And Morality Seminar Paper TOPIC: Hart Fuller Debate (Tussle Between Law and Moral Values) UNDER THE GUIDENCE OF: SUBMITTED BY: Dr. A P Singh ANKIT KR MISHRA Professor
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‘’Critically evaluate and analyse the extent to which the UK’s legal framework offers adequate protection for the victims of age discrimination’’. INTRODUCTION Age discrimination in employment is a complex issue which impacts many areas of Government policy and has many implications for individuals themselves.1 Age discrimination can occur across all spectrums of employment and can affect both young and old.2 Age discrimination can affect a person’s chances of getting a job‚ and potentially
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