Question 1 Explain in which way an agency may be terminated by operation of law. (3marks) Answer: An agency is created by express appointment when the principal appoints the agent by express agreement with agent. This express agreement may be an oral or written agreement between the principal and the agent. There are four factors can cause the termination by operation of law. i. Agency is terminated by frustration In Marshall v Glanvill‚ Glanvill who is a firm of drapers appoints
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Question 1 In this question‚ after the completion of the MRT train station‚ the owner of a building is attempting to raise the promised discounted rental fees back to the normal rate‚ as well as recover the accumulated discounted amount for the 3 years which he had promised Roy and other tenants‚ in order to deter them from moving out. So in essence‚ I will be discussing whether or not the owner is allowed to raise the rent back to the original amount‚ and also whether or not he can recover the accumulated
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Issue Is there a valid contract between Khalid and Siti? Law and Application When Khalid is interested in buying Siti’s painting which she had named “Hawa”‚ Khalid met Siti and told her that he will pay her RM5‚000 for “Hawa”. This is an offer. Offer had be defined in S2(a) Contracts Act 1950 as “when one person signifies to another his willingness to do or to abstain from doing anything‚ with a view to obtaining the assent of that other to the act or abstinence‚ he is said to make a proposal”
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addresses major impact on business organisations. 4. Evidence judgement in being able to choose and justify a solution to the problem posed within the marketing environment. 5. Be self critical and reflective in extracting learning‚ knowledge and skills. From the learning experience the students should be able to apply to own work placement. You should make sure that you plan your work carefully‚ to ensure that you cover all the requirements of the assignment. You should present your assignment
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One of many reasons why IP laws should be protected is to allow the creators of an IP to benefit from their work. Every owner of invention or any kind of IP should be entitled to the later profit and to market and promote their own product‚ weather it is a painting‚ or exhibit or a business system. Protecting IP is also seen as a method of promoting creativity. When no one is allowed to copy another person’s work without permission then creativity is encouraged for everybody. IP threats Any public
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What is a contract? A contract is an agreement enforceable by law. 2. What is an agreement? An agreement is an arrangement between parties that creates legal obligations between them. Generally an agreement is said to be arrived at when an offer or proposal made by one person is accepted by another‚ with the intention of creating mutual obligations between them. 5. What are the essential features of a contract? Minimum two parties :- Atleast two parties are needed to enter into a contact
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Business Law Final Denise Capalbo Chetum v. Knarles Issue: Defamation Rule: Under the common law‚ defamation requires a false statement of fact‚ of or concerning plaintiff‚ published to a third party and causing damages. Also‚ where defamation is about a public person or matter of public concern‚ the plaintiff must prove that the statement is false‚ and that the defendant either knew of its truth or acted with reckless disregard of the truth (malice). Analysis: Knarles’ statements
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the desire of the promisor‚ the promisee or any other person has done or abstained from doing or promises to do or abstain from doing‚ something‚ such act or abstinence or promise is called consideration of the promise.’’ CITATION Cha06 \l 17417 (Seng‚ 2006)Section 26(a) of the said Act provides that an agreement made without consideration is void unless it is expressed in writing and registered under the law (if any) for the time being in force for the registration of such documents‚ and is made
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Conflicts of Law: Topic 2 Domicile and other personal connecting factors (Home is where the heart is but does that represent the law?) Lecture 2: * One of the most important concept of conflicts of law Significance of domicile * Decides choice of law in areas of personal law such as marriage‚ status‚ succession and taxation. * Important in choice of law in many areas‚ mainly personal law * Often relevance in other statutes as well. Eg. Case of bankruptcy * Certain legal rights
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B Bai 1 : Business Law: 40. Principle of Law: In this case‚ Esposito hired Excel Construction Company to repair a porch roof. All terms of the agreement were specified in a written contract. And the dispute occurred when Excel had repaired the rear porch roof because in the agreement failed to specify whether it was the front or rear porch that needed repair. Under civil law‚ two parties here had signed a civil contract in writing. Because the contract failed to specify clearly front or rear
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