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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thefreedictionary.com. The duties are a series of common law‚ statutory‚ and equitable obligations. The duties are analogous to duties owed by trustees to beneficiaries‚ and by agents to principals. Directors owe duties to the corporation‚ and not to individual shareholders‚ employees or creditors outside exceptional circumstances. The duties of a director are divided in two sections‚ the common law duties and the statutory duties of directorship. Common law duties; Duty of Good Faith The most general obligation
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BA 101 Lec 1 June 15‚ 2012 History‚ Approaches‚ and the Functions‚ Roles and Skills of a Manager I. History a. Pre-scientific Management Ancient Times: Although management problems and solutions occurred in the ancient times‚ the emergence of ‘management’ as an independent field of study is fairly recent (right after the Industrial Revolution) Middle Ages: Businesses were family-run. A family’s surname (alas‚ Fisher‚ Farmer‚ Taylor‚ etc.) describes the nature of its craft. The head
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Classification of Law Question Suzana came to see you‚ a legal officer in Biro Bantuan Guaman and related the following: Although she is from Penang and married a fine young man from Johor Bharu‚ they were married in Golok because her father had objected to her marriage. She helped her husband to set up a stall by using her RM10‚000 savings. She also actively participated in the business until she gave birth to their twins. Since then‚ she became a fulltime housewife. Her husband’s business flourished
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Running Head: FUNCTIONS OF MANAGEMENT Functions of Management Paper University of Phoenix Management: Theory‚ Practice‚ Application MGT/330 October 20‚ 2007 Introduction The following paper is a definition of Management and its functions as well as an explanation on how these functions relate to my organization.
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ALGAPPA UNIVERSITY KARAIKUDI – 630 003 TAMILNADU DIRECTORATE OF DISTANCE EDUCATION B B A (II YEAR) PAPER 2.4 BUSINESS LAW Paper 2.2 Commercial Law : Business Law Indian Contract Act 1872 : Meaning and essentials of a valid contract Formation of contract – Performance of contract – Termination and discharge of contract – Remedies for breach of contract – Quast contract Special Contracts : Indemnity of guarantee – Bailment – Agency Sale of Goods Act
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Policing Functions July 16‚ 2012 CJA/394 The roles of policing from the local‚ state‚ and federal all have several roles‚ that they must take part in everyday. Law enforcement has different branches that oversee a variety of jurisdictions. All of these variety jurisdictions have a main purpose‚ to protect citizens and enforce laws that have been passed. Depending on your jurisdiction and what you are doing will decide on what type of
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Introduction: Contract law is come from a Latin phrase‚ which is pacta sunt servanda (pacts must be kept). Everyday‚ all of us make contracts. It can be a written contract if required‚ for example when buying a car. On the other hand‚ the most common of contracts can be and are made orally‚ like buying from the mini market. A contract intends to make a legal agreement between two or more people or businesses (called parties) that sets forth what the parties will or will not do. Thus‚ The law recognizes breach
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2012 – OCTOBER SEMESTER 2012 STUDENT NAME: CHU THI HONG TUYEN ID No.: 2448481 BMLW5103 – BUSINESS LAW ASSIGNMENT Question 1 Discuss the enforceability of an agreement which lacks consideration. Using legal authorities (relevant statutes and cases) to support your discussion. Answer: A valid contract is an agreement made between two or more parties that creates rights and obligations that are enforced by law. What does the consideration mean? And what does it effect to the agreement? Consideration
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“Socialization is the process by which the various representatives of society-parents‚ teachers‚ political leaders‚ mass media teach people the ways of society and form their basic qualities.” 1We are taught to deal with our environment through the interaction with people we met. Socialization is not only the process when we were young‚ it is actually a lifelong process teaching us how to fit in the society in every stage of life. We learn the expectation of the society and when we accept the rules of
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