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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the club. Rule 5 of the rules provided‚ inter alia‚ that all members shall not‚ by reason of his membership‚ be under any financial liability except for payment of his annual subscription and any other sums due under or levied under the rules and by laws to the defendants. The plaintiff is an ordinary transferable membership. The plaintiff applied to become a member of the club by submitting the necessary application form and duly executed a declaration contained therein which states‚ inter alia‚ that
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Business Law What is Business Law? Businesses interact in many and varied ways. To name just a few types of business transactions‚ there are contracts‚ mergers and acquisitions‚ leasing‚ etc. How these transactions are carried out is overseen by Business Law. Additionally‚ how businesses are formed is a large part of Business law. This area of law is very wide-ranging‚ although it deals primarily with defining the rights and responsibilities of businesses‚ rather than enforcing these laws. Because
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Constitutional Law Exam Notes Introductory Cases Amalgamated Society of Engineers v Adelaide Steamship Co Ltd (“Engineer’s Case”) (1920) 28 CLR 129 – Cth introduced industrial law – applied to state governments and entities within s51(xxxv) (arbitration power) as employers re industrial disputes. Said Cth could not make binding award over State governments. Abolished STATE RESERVED POWERS doctrine (that Cth could not intrude) – shifted balance of power to Commonwealth. High Court stated must
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Institute of Law CODE OF COMMERCE Commerce It is that branch of human activity‚ the purpose of which is to bring products to the consumer by means of exchanges or operations which tend to supply and extend to him‚ habitually‚ with intent to gain at the proper time and place in good quality and quantity. “Commerce” and “trade” are used interchangeably although the former is more commonly used in international dealings and the latter in domestic ones. (Pandect of Commercial Law and jurisprudence
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certain documents with the Register of Companies as per article 76 (1). In instances of public or private companies‚ the documentation may vary depending on the particular circumstances of the company. To further complicate the matter‚ certain tax law requirements may sometimes impact company registration. Formation formalities: Memorandum of association Article of association Registration of memorandum and articles Alteration and addition to memorandum and articles Memorandum of Association
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Inc. **Contract Law Portion** There are two bodies of law that govern contracts; Article 2 of the Uniform Commercial Code and the common law of contracts. “The Uniform Commercial Code‚ or UCC‚ is statutory law in every state. The common law of contracts is court-made law that‚ like all court-made law‚ is in a constant state of evolution.” (Mallor‚ 2007) The UCC was created by the American Law Institute and the National Conference of Commissioners on Uniform State Laws to establish a uniform
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principal and the agent. An agency can be created in three types of ways‚ 1. Express agreement‚ whether oral or written‚ 2. Implication‚ based on the custom or practice of the trade‚ or 3. Conduct of the principal. Creation of agency is essential to commercial and financial transactions‚ because and organization can function only through it’s agents. Creation of Agency An agency relationship can arise by agreement‚ necessity‚ ratification and estoppel. By Agreement: Express Authority:
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PART 2: AGREEMENT A. Offer and acceptance Offer * Objective approach: offer must normally be interpreted in the sense in which it would reasonably be understood by an ordinary person‚ even though the offeror’s actual meaning was otherwise. * Definition: indication by one person to another of his or her willingness to enter into a contract with that person on certain terms. The ‘offer’ must indicate a willingness by the offeror to be bound without further negotiation as to the terms of
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