Preview

Business Law

Powerful Essays
Open Document
Open Document
1629 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Law
University of Macau
BBEL 230 –Business Law I
Macau, 28 March 2010
MID-TERM EXAM (Part I)

|Write your full identification, Western name and section. |
|Only the legislation, without any forbidden notes, can be used. |
|Dictionaries are allowed. |
|Do not repeat the facts of the cases in your answer: analyze them. |
|Do not rewrite entire articles of the law in your answer: just refer to them. |
|( Write clearly (clear ideas and readable words). |
|(Qualified answers are required: they must be complete, legal-based, well supported. |

I. Please state whether the following statements are correct and why (not)?

a) “All the rules in the Civil Code are default rules”; The statement is wrong. Although a lot of rules of the civil code are indeed default rules which may be set aside by the parties to a contract, some rules are imperative and have always to be respected so that the parties cannot decide otherwise in the contract. b) “A criminal law can never have retroactive or retrospective effect”; The statement is wrong. Although generally criminal cannot work back in time, there is an exception for criminal laws that benefit the accused; such laws may work back in time. c) “The Chief Executive of Macau has legislative power”; This statement is correct. The Chief executive can make administrative regulations. Complementary administrative regulations only

You May Also Find These Documents Helpful

  • Good Essays

    Business Law

    • 394 Words
    • 2 Pages

    80. As courts decide cases involving the Internet and new kinds of issues not addressed previously, what role, if any, does precedent play? What role should it play? What difficulties could arise?…

    • 394 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Business Law

    • 359 Words
    • 2 Pages

    2) Is Bright entitled to specific performance because of the unique nature of the goods?…

    • 359 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Law

    • 2363 Words
    • 10 Pages

    5. Summarize, by reflecting in general on the impact legal issues can have in both small and large businesses.…

    • 2363 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Business Law

    • 991 Words
    • 4 Pages

    1. Under the Warranty of Fitness for a Particular Purpose, what two things must a seller know about a buyer? 280…

    • 991 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Business Law

    • 911 Words
    • 3 Pages

    2. State whether the following provisions in a note impair or preclude negotiability, the instrument in each instance being otherwise in proper form. Answer each statement with either “Negotiable” or Nonnegotiable” and explain why.…

    • 911 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Business Law

    • 255 Words
    • 2 Pages

    The following situations are similar (all involve the theft of Makoto’s laptop computer), yet they represent three different crimes. Identify the three crimes, noting the differences among them.…

    • 255 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Business Law

    • 2587 Words
    • 11 Pages

    1. Give an example of a case that would fall under diversity jurisdiction. Explain all of the key elements of such a case.…

    • 2587 Words
    • 11 Pages
    Better Essays
  • Good Essays

    business law

    • 371 Words
    • 2 Pages

    A court would not enforce the promise. If the terms of the contract express such uncertainty of performance that the promisor has not definitely promised to do anything, the promise is said to be illusory – without consideration and unenforceable.…

    • 371 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Business Law

    • 447 Words
    • 2 Pages

    Fiduciary Duty after Francis Pusateri retired; he met with Gilbert J. Johnson, a stockbroker with E. F. Hutton & Co., Inc., and informed Johnson that he wished to invest in tax-free bonds and money market accounts. Pusateri opened an investment account with E. F. Hutton and checked a box stating that his objective was “tax-free income and moderate growth.” During the course of a year, Johnson churned Pusateri’s account to make commissions and invested Pusateri’s funds in volatile securities and options. Johnson kept telling Pusateri that his account was making money, and the monthly statement from E. F. Hutton did not indicate otherwise. The manager at E. F. Hutton was aware of Johnson’s activities but did nothing to prevent them. When Johnson left E. F. Hutton, Pusateri’s account—which had been called the “laughingstock” of the office—had shrunk from $196,000 to $96,880. Pusateri sued E. F. Hutton for damages.…

    • 447 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Business Law

    • 429 Words
    • 2 Pages

    Question 1: What are the “two greatest contributors” to contract disputes? Why is it a good idea to use plain English instead of legalese when drafting a contract? What is a “letter of intent? ” What might be included in a letter of intent to avoid future disagreements over the legal effect of the letter?…

    • 429 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Business Law

    • 2266 Words
    • 10 Pages

    Pacific Gas & Electric Co. v Bear Stearns & Co. (retrieved November 4, 2011) http://scocal.stanford.edu…

    • 2266 Words
    • 10 Pages
    Better Essays
  • Good Essays

    Business Law

    • 668 Words
    • 3 Pages

    case brief---Gregory, a comedy writer, entered into a contract with Wessel, a comedian. The contract provided that Gregory would provide Wessel with a 15 minute monologue for his upcoming appearance on the comedy hour and Wessel will pay $250 to Gregory. All performers could make $500 per appearance on the comedy hour. and when Wessel was scheduled to aper on the comedy hour, Gregory informed him that he was unable to provide the monologue, because last time Wessel was asked to make special guest appearances at three local comedy clubs performance during the comedy hour. and Wessel bought lawsuit to Gregory for beach of contract and request damages of $1250.…

    • 668 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    you are the judge paper

    • 1134 Words
    • 5 Pages

    All legal rules, whether case law, common law, or statutory law cited in your discussions must be taken…

    • 1134 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    business law

    • 813 Words
    • 4 Pages

    Nicole recently entered into a contract to sell her house in Canberra to Lakeview Developments Pty Ltd for $750,000. She was told by the receptionist in Lakeview's office that Lakeview Developments is a development company which plans to demolish the house and build some apartments. The contract was signed by Nicole and was also signed 'for and on behalf of Lakeview Developments Pty Ltd' by Anthony Blunt, who showed her his business card describing him as the 'Developments Manager' of Lakeview Developments.…

    • 813 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Business Law

    • 261 Words
    • 2 Pages

    You own University Heights Apartments, a business that rents primarily to students. One evening, your tenant Sharon is attacked by an intruder who forces the lock on the sliding glass door of her ground-floor apartment. Sharon's screams attract the attention of Darryl, your resident manager, who comes to Sharon's aid. Together, he and Sharon drive the intruder off, but not before they both are badly cut by the intruder.…

    • 261 Words
    • 2 Pages
    Satisfactory Essays