BUSI 2601: BUSINESS LAW CHAPTER 1: THE ROLE OF LAW How Do We Define Law? 1. Law is needed to protect persons and property; it prohibits conduct that society believes to be harmful to others. The law punishes a wrongdoer who is found guilty of such conduct‚ and usually also give the vistim a right to obtain compensation from the wrongdoer. It prescribes simple but vital rules that allow us to get on with our everyday lives. 2. Law gives government the powers to act for the benefit of society
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were unconscionable. The court look at 3 main elements to determining whether to activate the doctrine of unconscionability. • Special disadvantage: A person’s ability to look after their own interests is affected. • Knowledge of Special disadvantage : The other party knows or ought to know of the disadvantage. • Taking unfair advantage of special disadvantage: Abuse by one party of its superior bargaining position in its dealings with the other party.[3] Application In this case‚ Ji is
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Monitoring and Legal Liability 1. Employers can bear legal responsibility if they do not adequately monitor their employees. This is why sometimes extreme measures are taken to keep track of employee’s computer usage. There is a case from New Jersey several years ago in which a company was held liable by an appellate court because an employee transmitted child pornography from his workplace computer. The court ruled this way because the employer had a policy which stated that all email messages sent
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To what extent can Bosola be considered a tragic hero? “Let worthy minds ne’er stagger in distrust/ to suffer death or shame for what is just. / Mine is another voyage.” Thus the dying Bosola concludes his last speech and‚ in doing so‚ ends the life of a character whose very nature is at odds with the others’ – and with himself. For Bosola is a paradox: as a malcontent‚ he delivers line after line of poisonous verse; insults old women; sneers at the Cardinal and Ferdinand‚ whom he sees (justifiably
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JUDICIAL PRECEDENT Although the Human Rights Act 1998 has impacted on the judicial understanding of precedent‚ the underlying features of the doctrine remain unchanged. The doctrine of judicial precedent is based on one of the most fundamental aspects of any legal system and that is‚ all like cases must be treated alike. It involves the application of the principle of stare decisis i.e to stand by the decided. The doctrine of judicial precedent has always played a pre-eminent role in English law‚ and
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To what extent did war affect the course of Revolution? There are many various arguments supporting the view that the war did affect the course of Revolution and many that oppose this view. The Revolution did become more radical during the time of the war as the Jacobin terror became more prevalent‚ however some people argue that the war did not directly cause this‚ that the Revolution was moving towards a more radical stance anyway. Others may argue that yes‚ the Revolution was moving towards a
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Definition of Law a. Law is defined as a set of rules and principles by which a community regulates its activities. b. Law is different and yet similar because it can be applied differently across various borders. c. Unlike law‚ internal rules and regulations of clubs‚ societies and other organizations may only be enforced within the group that governs them. d. Law is therefore concerned with the legal rights and obligations of individuals‚ business organizations‚ various entities
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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 is something of value
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PRECEDENT: Stare Decisis - Stand by the Decision The doctrine of judicial precedent is based on the principle of stare decisis‚ this means that like cases should be treated alike. Once a point of law has been decided in a particular case‚ that law must be applied in all future cases containing the same material facts. For example in the case “Donoghue v Stevenson (1932)‚ The House of Lords held that the manufacturer owed the duty of care to the ultimate consumer of the product. This set a binding
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ANTARABANGSA LABUAN BUSINESS LAW ASSIGNMENT Date of submission: 4th of April Lecturer: Madam Yanti Ahmad Shafiee Name of Course: Business Law (GT01103) 2. Describe the Malaysian legal system. Give your opinion as to its role in assisting Malaysian government in running the country. As an introduction‚ Law is a system of rules and guidelines which are enforced through social institutions to govern behavior. The aim of law is to attain justice and to encourage the doing of what is right or
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