third party e.g. by entering into a contract or disposing of the property of the principal. Agency has been defined in different ways by different scholars. According to Fridman in his book ‘Law of Agency‚’ ‘Agency is the relationship that exists between two persons when one called the agent is considered in law to represent the other called the principal in such a way as to be able to affect the principal’s legal position in respect of strangers to the relationship by the making of contracts or the
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Punishment is no longer an effective way to stop crime. From being mauled by ferocious animals in the Colloseum to beheading of offenders using the guillotine and even the castration of rapists in certain countries‚ it seems as though punishment is an inherent aspect of society throughout the annals of history. Punishment has played an important role in human civilization by acting as a deterrent‚ and also to incapacitate those prone to carrying out nefarious deeds. Yet‚ advocates for the rights
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or be ashamed off. Thus with a more open feeling towards alcohol students are less likely to binge if they could just go to the bar freely with friends without having to worry about hiding it from the school. As Froma Harrop states in her article “Stop Babysitting College Students”‚ “Careful use of alcohol relaxes and warms the drinker with a sense of well-being. Winston Churchill and Franklin Roosevelt saved Western civilization without ever missing a cocktail hour” (41). College is a stressful
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QUESTIONS What is Law? 1. The law in the United States has been influenced by English‚ but not by French or Spanish law. F [moderate p. 3] Law is intended to protect persons‚ but not their property‚ from unwanted interference from others. F [easy p. 3] Businesses that are organized in the United States are subject to its laws‚ but not to the laws of other countries in which they do business. T [moderate p. 3] Promoting social justice is a function of the law. T [moderate p. 4] Law serves the functions
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CORRUPTION DESTROYS SOCIETIES‚ REPORT IT TO US. LET US STOP CORRUPTION! Corruption is becoming prevalent all over the world. Corruption hurts economies‚ people‚ and governments. Corruption is unethical‚ immoral‚ and illegal in many societies‚ religions‚ and countries. It needs to be stopped. Private organizations‚ United Nations‚ and some governments have attempted to stop corruption or at least have tried to prevent it. They have failed‚ however. This site is an attempt to expose countries
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CONTRACT AND RELATED OBLIGATION Prof. Hillman I) Theories of Obligation A) CONTRACT: Agreement with Consideration – Bargain Theory of Consideration Definition: A promise that is supported by consideration because the promisor gets something (extracts) from the promissee in exchange for the promise. Ex: I tell Alice I will sell her my piano for 400 dollars and she agrees. I promised my piano in exchange for something (400 dollars) therefore my promise is enforceable. 1) Bargained
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becomes insolvent what are the duties for directors in order to save unsecured creditors. We will also find out how directors become liable for their action in regard to insolvent trading and if they breach any law for insolvent trading what are the consequences they have to suffer and also law has given some defences for insolvent trading for directors in order to avoid penalty. S9 defines a director of a company- a person who is appointed to the position of a director or alternate director regardless
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Contract Law Name BUS 311 Business Law I Professor Date The law of contracts has been a part of our culture for a long time. Contracts are an agreement‚ either written or spoken‚ with a company or person to do something that is agreed upon with binding terms. Contracts are the glue that keeps the world of business together. They bind employees and companies‚ consumers and producers‚ and suppliers and wholesalers. A contract can vary from country to region or even jurisdiction‚ but a
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Constitutional law 2013 Greg Lowndes 1. Constitutions and Constitutional Law. a). What is a Constitution? * The empowering structures of a government that allows them to govern. * Along with the limitation f the power that they can exercise. * In totalitarian systems of government a Constitution may place far more emphasis on the empowering of organs of the government rather than on the limits of power. * Emphasis on the democratic constitutionalism *
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Common law 1 Common law Common law‚ also known as case law or precedent‚ is law developed by judges through decisions of courts and similar tribunals rather than through legislative statutes or executive branch action. A "common law system" is a legal system that gives great precedential weight to common law‚[1] on the principle that it is unfair to treat similar facts differently on different occasions.[2] The body of precedent is called "common law" and it binds future decisions. In cases
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