BUSINESS LAW ESSAY PLAN ➢ Acceptance must be communicated to be effective. ➢ Where the parties contemplate acceptance by mail‚ acceptance will be complete as soon as the letter is properly posted. Postal rule definition ➢ Actual communication versus constructive communication ➢ Actual acceptance (real) versus constructive acceptance (postal rule) (Graw p.89) ➢ Contract is an agreement which the law enforces. ➢ Contract law is the basis of business law ➢ Two main sources:
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Family Law Family law is an area of law that deals with family related issues and domestic relations including – the nature of marriage‚ domestic partnerships‚ spousal abuse‚ adoption‚ child custody‚ surrogacy‚ divorce‚ property rights‚ alimony and others. In the past‚ family law was largely concentrated around issues of marriage‚ divorce‚ property rights and succession. In certain societies such as India‚ the modern family law continues to be subjected to customary law – the customs‚ conventions
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Substantive law is the statutory or written law that defines rights and duties‚ such as crimes and punishments (in the criminal law)‚ civil rights and responsibilities in civil law. It is codified in legislated statutes or can be enacted through the initiative process. Substantive law stands in contrast to procedural law‚ which is the "machinery" for enforcing those rights and duties. Procedural law comprises the rules by which a court hears and determines what happens in civil or criminal proceedings
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Study Unit 1. Activity 1. Column A: Public law | Column B: Private law | * Is aimed at the public interest. | * It furthers individual or private interests | * Orders the relationship between the state and individual. | * Orders the respective rights and obligations of private persons. | * Its a vertical relationship | * It is a horizontal relationship | * Denotes a relationship of authority | * Relationship are agreed on equal terms. | Self evaluation 1.
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2007‚ Business Law. Australia: Pearson Education Australia [online]‚ http://www.australiancontractlaw.com/law/formation-agreement.html [10 February 2010] [online]‚ http://www.australiancontractlaw.com/law/formation-consideration.html [14 February 2010] [online]‚ http://www.australiancontractlaw.com/law/formation-intention.html [16 February 2010] [online]‚ http://www.australiancontractlaw.com/law/formation-capacity.html [20 February 2010] [online]‚ http://www.australiancontractlaw.com/law/avoidance.html
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LAW OF SUCCESSION LONGER QUESTIONS 1. Indicate whether the following statements are true or false and substantiate your answer. (a) A child’s share is calculated by dividing the value of the intestate estate by the number of children of the deceased plus one. (3) False‚ a child’s share is calculated by dividing the value of the intestate estate by the number of children of the deceased who have either survived him or have predeceased him but are survived by their
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The law‚ generically known as “a body of rules of action or conduct prescribed by controlling authority‚ and having legal binding force” is the bond that holds the society intact. The most recognizable function is to provide some system of order. According to Melvin‚ that basic fulfillment of the law has spread to mean not only a definition of crimes and determination of punishment for violation of crimes‚ but has evolved to ensure consistency and fairness. The law has grown to promote equality and
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LAW OF EVIDENCE The Evidence Law deals with deciding which Evidence should be and which shouldn’t be used in arriving at a decision by the Court and‚ sometimes‚ the weight that may be given to that evidence. The law of evidence is also concerned with the quantum (amount)‚ quality‚ and type of proof needed to prevail in litigation. The quantum of evidence is the amount of evidence needed; the quality of proof is how reliable such evidence should be considered. This includes such concepts as hearsay
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A contract intends to formalize an agreement of two or more parties‚ in relation to a particular subject. Contracts can cover an extremely broad range of matters including the sale of goods or real property‚ the terms of employment or of an independent contractor relationship‚ the settlement of a dispute and ownership of intellectual property developed as part of work for hire. Essential Elements of a Contract * Clear certain and communicated agreement. Meaning that the parties are consensus
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we right to use the term ‘sports law’? What does it mean and why should we consider it to be important. The existence of the subject ‘Sports Law’ has been debated for a number of years now and there are two different schools of thought with regards to the term ‘Sports Law’. Some commentators refer to ‘Sport and the Law’ arguing that there is currently no topic than can be referred to as ‘Sports Law’. Grayson‚ who many consider the father of ‘sport and the law’ states that ‘No subject exists which
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