the location of that business. With a white-water rafting business there are several important factors that a company must look at before they can proceed. First item is the legal aspects of acquiring‚ holding‚ and disposing of both real and personal properties. This aspect is more important because it is the first steps that the client needs to make to get their business up and running. The next item is to analyze the business for insurance purposes. White water rafting can be a dangerous sport‚ and
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Business Law Personal Property & Bailments Chapter 49 2/4/12 3:25 Personal Property and Bailments Personal Property versus Real Property: • Real Property Realty‚ real estate—land and everything permanently attached to it • Personl property chattels‚ is capable of being moved • Distinction important both properties are subject to different taxes- tax rate is based on market value of real prop and businesses usually pay taxes on personal prop they own use or lease.. Also the way they
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warehouse of the thing sold‚ and the contract is for goods.” 2. Shantabai v. State of Bombay – AIR 1958 SC 532 This case was a landmark case that laid down the test to determine when timber trees are standing timber and when they are immovable property. In this case‚ the petitioner filed a writ petition under Article 32 of the Constitution of India claiming that her fundamental right to cut and collect timber in the forest in question has been infringed. The
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Property Accountability in the COE Course Summary 1 Property Accountability Course Summary Takeaway Introduction Welcome to the Property Accountability in the Current Operating Environment lesson summary. This printable takeaway will review many of the key training points presented in the course. Classes of Supply The Army uses a multitude of different items on a daily basis‚ each of these items falls into one of ten classes of supply. Commanders use the different classes of supply
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TRANSFER OF PROPERTY ACT M. S. RAMA RAO B.Sc.‚ M.A.‚ M.L. Class-room live lectures edited‚ enlarged and updated Msrlawbooks TRANSFER OF PROPERTY 1929 By M S RAMA RAO B.Sc.‚M.A.‚M.L.‚ Page 1 msrlawbooks© Transfer of property >>>>> INTRODUCTION Transfer of Property is the most difficult subject‚ next only to jurisprudence. The reason is that it deals with certain doctrines having their Origin in the Common Law of England‚ some totally alien to the Indian Concepts. The
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MODULE 8 PROPERTY Name Tutor Institution Course Date Property law entails laws that govern ownership‚ change of ownership whether temporal or permanent and use and limitations in property use. The law provides guidelines and mechanism for property ownership and property purchase ‚ (Smith‚ 2009). Bailment is where personal property’s custody‚ care and control are shifted from one person to another through an agreement called contract of bailment. The agreement is that only authority
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The Justification of Private Property Property Law JURI 25066EL Ryan Waschulzik 0271075 March 4th 2015 Words: 1772 Pages: 8 The notion of property is one that has long preceded us‚ or anyone we know. We know that the earliest social theory of property originated in the works of Saint Thomas Aquinas who had said that humans have a natural right to the use of or ownership of an unspecified amount of property. He also said that the amount of property to which you are entitled‚ is based
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If you want to sell a house quickly‚ cash buyers are your best bet. Based in St. Peters‚ MO‚ Baile Properties is a real estate investing company that buys houses for cash. These property investors say if you’re looking to sell your property‚ it’s worth your while to understand what cash buyers have to offer. Here are a few useful facts regarding cash buyers: Diversity: There’s no single type of cash buyer. This segment includes institutional investors‚ baby boomers‚ empty nesters‚ and well-off
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Why it’s important to respect people property Respecting people property is very important. Some people are very touchy with their property ranging from things from bags to their homes and cars. It’s understandable because they spent a lot of money on that item. Some people care even if that item has lost its material value because they have developed a sentimental value or bond with it. Even if person does not care about their property you should always take great care and avoid any damage to
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In a well-known legal case‚ a classic conflict of property rights was featured. Red cedar trees‚ used only for ornamental purposes‚ carried a disease that could destroy apple orchards within a radius of two miles. There was no known way of curing the disease except by destroying the cedar trees or by ensuring that apple orchards were at least two miles away from the cedar trees. Apply the Coase theorem to this situation. Does it make any difference to the outcome whether the cedar tree owners are
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