BT20403/Company Law Business Entities: Company Law Topics covered: Types of Company Formation of a company; • Promoters Pre-Incorporation Contract • Memorandum and Articles of Association Inconsistency between the object and the company’s activities Upon incorporation: • Company is an artificial legal person • Separate legal entity Lifting the corporate veil scs&ismk/company law CONT. 2 The Effect of Incorporation • Memorandum of Association & Articles of Directors’
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physician-patient and hospital-patient relationships. In a typical physician-patient relationship‚ the physician usually agrees to diagnose and treat the patient according to the standards of accepting medical practice and to continue doing so until the termination of treatment. A patient must have confidence in the competence of their physician and must feel that they can confide in him or her. This is always good‚ when you feel comfortable in talking to your physician things are so much better and it makes
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|BUSINESS ENTITY | | | | | | | | | | | |Sole Proprietorship |Partnership
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REVOLUTION OF BANKRUPTCY LAW 1. Bankruptcy Act Cap 53 Laws of Kenya 2. Ian Macneil – Bankruptcy in East Africa 3. Fridman Bankruptcy Law and Practice 4. Thomspson J.H. The principles of Bankruptcy Law 5. Holdsworth on Historical Development Basically the law of bankruptcy has a long history and only a summary of the main developments may be highlighted Summary. 1542 Act - aimed mainly at securing the property of the debtor for his creditors. 1834 Act - extended bankruptcy law to none traders. Some
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An unregistered firm can institute a criminal proceeding for | 1. | Incorrect | Which of the following types of damages are NOT available in contract cases? Your answer: Equitable remedies The correct answer: Pecuniary damagesINCORRECT. The major form of relief in contract cases is monetary damages. Other potential types of damages are equitable‚ and tort damages‚ including punitive damages. | | 2. | Incorrect | Cecil has a contract for $2000 to paint Buck’s house so that Buck can place the
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Basic rules of international humanitarian law in armed conflicts The seven fundamental rules which are the basis of The Geneva Conventions and the Additional Protocols. This tex has been prepared for dissemination purposes and cannot in any circumstances serve as a substitute for the complete provisions of the international agreements - Extract from "Basic rules of the Geneva Conventions and their Additional Protocols" [pic]1 - Persons hors de combat and those who do not take a direct part in
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2010 Business Law Revision Booklet The Business Law final exam is 3 hours with 10 minutes of reading time. HOW TO ANSWER CASE STUDY QUESTIONS When answering this question student’s need to follow the format of: i) state the issue ii) state the law-this includes relevant legislation and cases iii) apply the law to the facts iv) state the conclusion Key words used in questions: Explain – students need to provide
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CONTRACT AND RELATED OBLIGATION Prof. Hillman I) Theories of Obligation A) CONTRACT: Agreement with Consideration – Bargain Theory of Consideration Definition: A promise that is supported by consideration because the promisor gets something (extracts) from the promissee in exchange for the promise. Ex: I tell Alice I will sell her my piano for 400 dollars and she agrees. I promised my piano in exchange for something (400 dollars) therefore my promise is enforceable. 1) Bargained
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The doctrine of fundamental change of circumstances‚ (rebus sic stantibus) is a principle of customary international law allowing a part to an agreement to withdraw or terminate it where there has been a fundamental change in circumstances. The main justification for this principle is that treaties often remain in force for many years‚ during which time fundamental changes may occur in the political or international environment which may require a departure from the provisions set out in the treaty
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References: BPP Learning Media‚ 2010. Business Law. 2nd ed. London: BPP Learning Media Ltd. Elliott‚ C. & Quinn‚ F.‚ 2007. Contract Law. 6th ed. London: Pearson Education Limited. Wildman‚ E.‚ 2012. Contractual formalities and oral contracts. [Online] Available at: http://www.inhouselawyer.co.uk/index.php/contract/9777-contractual-formalities-and-oral-contracts
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