subject and the laws have changed to keep pace‚ “fifty years ago it was polite to ask somebody would you like a smoke? Today it would be deeply impolite not to ask‚ do you mind if I smoke?” (CDC‚ Jan 29‚ 2014) b) (i) Ethics involves rules that define right and wrong conduct especially in business. (ii) Law is a set of rules administered and enforced by the state. (iii) Morality involves rules that define acceptable behaviour for members for a society. c) (i) Civil Law is made up of all
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Chapter III Commercial Law I. General Definitions a. Commercial Law→ It designates the whole body of laws & regulations applicable to relations between persons engaged in commerce‚ business or commercial professions. b. Commerce→ The word “Commerce” means the exchange of goods‚ products or property of any kind. It includes: sale‚ purchase‚ exchange of merchandises. c. Internal and International Commerce→ Internal: it is the commerce carried on between individuals or corporations within the same
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that payment to make after 30 days of the delivery. In a commercial contract‚ the time of delivery is normally of the essence. If‚ the date is stipulated and if the buyer fails to give the payment that is a breach of condition. Therefore‚ the seller is entitled to repudiate the contract and sue for payment. In Hartley v Haymans [ 1902] 3 K. B. 475 the court was held that the time of delivery is a prima facie of the essence in commercial law. In Charles Rickards Ltd v Oenheim [ 1950] 1 K. B. 616
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made‚ which is not the fault of either of the parties‚ which renders the contract either impossible to perform or deprives the contract of its commercial purpose. Where a contract is found to be frustrated‚ each party is discharged from future obligations under the contract and neither party may sue for breach. The allocation of loss is decided by the Law Reform (Frustrated Contracts) Act 1943. Examples of frustrating events Destruction of the subject matter: Taylor v Caldwell 3 B &
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A tort is a civil wrong that is outside of contract law and arises out of recognition that a person is responsible for their acts and omissions when dealing with others. The term ’tort’ refers to a number of different laws such as: • nuisance‚ • trespass and • assault Torts generally compensate the individual for personal loss or attacks on reputation‚ where the loss was caused by another person. Tort has as its basis common law. Negligence is now the dominant tort and the focus
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LOUISE MERRETT TRINITY COLLEGE COMMERCIAL LAW LECTURES 2012 -2013 SALE OF GOODS (4) TRANSFER OF TITLE BY A NON-OWNER Context 1. The general rule as to priority in the case of personal property is clear and underpins all forms of transfer‚ whether by gift‚ sale‚ bailment or security‚ and it is that a person cannot give what is not his or hers to give. This basic rule is often expressed in the Latin maxim nemo dat quod non habet and if reflected in s 21 SGA. 2. In practice‚ a
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COMMERCIAL LAW MODULE 2 TUTORIAL QUESTIONS QUESTION 1 Pete buys a bottle of suntan lotion from his local chemist shop. The lotion which is manufactured by Barnetts Pty Ltd‚ had acid in it‚ which had been added to the mixture by one of the workers in the factory who had failed to read the label on the tin properly. When Pete applied the suntan lotion he suffers third degree burns and has to pay high medical and hospital expenses. Advise Pete whether he has a claim against the manufacturer
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Introduction to Law Enforcement Police Academy Abstract The introduction to law enforcement is about the code of ethics. How you should follow the code of ethics and it should represent everything and officer should be. As an officer everyday we have to make sure that Laws are being followed. Also the ethical dilemmas in police discretion so that no police officer is seeking a change in law to match their own personal views on any issue.
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Commercial Law Property 4 Ownership/Possession: 4 ‘Finding’ Cases 5 Personal Property 6 Bailment 8 Nature And Classification Of Bailments 8 Duties Of Bailee 9 Duties Of Bailor 11 Termination Of Bailments 12 Special Types Of Bailee 13 Agency 15 Definition Of Agency 15 Creation Of Agency 15 Nature And Scope Of Agent Authority 16 Duties Of Agent 17 Rights Of Agents 18 Liabilities Of Agents 19 Termination Of Agency 21 Particular Types Of Agents 22 Statutory Regulation Of Agents
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By Ngoc Diem s3245569 – Upload by RMIT Vietnam Helpdesk Team. INTERNET FOR BUSINESS REVIEW E-business Concepts & Implication 1. Explain the difference between e-business and e-commerce o E-commerce: All electronically mediated information exchanges with external stake holders. o E-business: All electronically mediated information exchanges both within the organization and with external stakeholders supporting the range of business processes. 2. Identify different types of sell-side
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