Role and Functions of Law Name Here LAW/421 April 13‚ 2015 Neha Bhatia Role and Functions of Law When I think of the term ‘Law’ I visualize a sense of order‚ control‚ a dominion controlled by rules‚ which are enforced by individuals appointed with a general authority. The definition of the term law varies slightly but may be broad dependent due to the many variations and use of law. One definition of Law is defined as “a body of rules of action or conduct prescribed by controlling authority‚ and
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Review Sandra Komm Law/ 421 September 2‚ 2013 Jacques Ward Article Review Sandra Komm LAW/421 Sept.2‚ 2013 In the present time the presence of technology has made the world of business very different
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Roles and function of Law Tina McCammon LAW/421 January‚ 16‚2013 Roles and function of Law Business Law relates to the legal matters that involve commercial entities. Some examples of topics covered in business law are contracts domestic and internationally. Employee relations such as discriminatory issues also fall into the category of business law. The laws that fit into this category protect the consumers as well as business owners and stockholders. The textbook refers the case Cipollone
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Part 1 A contract is an agreement between two or more parties‚ which can be legally enforceable. A contract maybe written or oral‚ although an oral agreement can be difficult to prove in court. In order for a contract to exist it must include four elements‚ that being offer‚ acceptance‚ intention and consideration. (Sweeney & O’Reilly 2007 pg 160). A contract only exists when an offer has been accepted‚ an offer has the intention to be legally binding and the willingness to contract on certain conditions
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LAW/421 Final Exam – 2013 GRADE WAS 28/30 1) Which of the following does not result in a decision rendered by the hearing officer? B. Mediation 2) Jurisprudence is defined as C. the science and philosophy of law 3) The state of Kansas has enacted a new law requiring all commercial trucks driving on Kansas roads to have special mud flaps installed. These mud flaps have been proven to make driving in the rain significantly safer due to reduced mist created by trucks driving in the
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Introduction A contract is formed when one of the parties has to accept an offer made by the other. Here‚ David places an advertisement in the local newspaper of a reward‚ £1000 for the safe return of each of his six cats. This shows he is making an offer to all the readers of the Daily Bungle. An offer is defined as follows: “An offer is a statement of the terms upon which the offeror is prepared to be bound if acceptance is communicated while the offer remains alive1.” The critical aspect of
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In Business‚ contracts can be considered as the heart of dealings and have to be taken with utter most consideration of the acceptance‚ however in order to understand in depth a binding agreement‚ we must first discuss‚ what determines a contract or binding agreement. These can be defined as “an agreement which the law will enforce” as well as a “promise or set of promises which the court will enforce”. To facilitate a binding agreement‚ an acceptance must occur and must be absolutely unconditional
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Business Law Assignment; Mistake in contract law‚ is a factual misunderstanding that may lead to a failure of a meeting of the minds. Unilateral mistake is mean that is only one party is mistaken‚ but the other party knows‚ or ought reasonably to be aware of the mistake. Contract may be void or voidable. Void is a contract that is no legal effect. While‚ voidable is an agreement that may be affirmed or rejected at the option of one of the party. The reason why Lord Denning took the view that these
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THE LAW OF CONTRACT IN GHANA (These notes have mainly been culled from Mrs. Christine Dowuona Hammond’s seminal work on the Law of Contracts.) INTRODUCTION Contracts are made by people every day‚ whether the parties recognise it or not. Each time one spends money on anything – a bus ticket‚ an airline ticket‚ a pair of shoes‚ a meal in a restaurant‚ laundry services‚ books‚ or signs a lease‚ etc. one concludes a valid and legally binding contract. Contracts may be oral or written;
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Introduction For parties to be bound by an agreement‚ it must first be determined if a prima facie valid and enforceable contract exists. A contract can be defined as an agreement containing promises made between two or more parties with the intention of creating certain legal rights and obligations and enforceable in a court of law [1]. For a legally binding contract to exist the following elements must be satisfied: 1. An offer must exist 2. The offer must be accepted 3
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