written law in the society It is important because rules need to be established in case someone breaks them (and people tend to). If they aren’t written‚ smooth-talkers will be able to talk their way out of punishment while less charismatic people will be punished more severely‚ and some judges will be far kinder than others (warning versus jail term). It is also harder to say "we need to punish domestic crimes more severely" when there is no set rule or punishment. Simply put‚ written laws are required
Premium Law Common law
parties in this situation. First‚ Greg could go after the Limited Liability Corporation members for when Mike yelled at Greg after he criticized the Hunter Thompson Novels‚ a form of assault. In LLCs‚ the profits and losses are “passed through” the business to each member of the LLC. Secondly‚ Greg could go after Strip Mall 4 for damages resulting from the assault from Mike. Greg could also personally sue Mike for the tort he committed. 2) Shawn‚ Bryan‚ and Mike’s liability to: each other‚ Suppliers
Premium Limited liability company Corporation
example Sarah has committed larceny by taking personal property that belongs to another person with the intent of claiming the property as her own. 2.In the second example Sarah has committed robbery by taken anothers property by force. 3.In this final example Sarah has committed burglary while breaking and entering. Noting the basic differences regarding the crimes: In the first example of Larceny‚ which involves no force or threat to human life it would be considered the least severe penalty
Premium Theft Robbery
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”
Premium Contract Offer and acceptance
Sterling computer has entered into a partnership with NoBugs a microchip processing computer. The collaboration was developing into a something successful until an incident put a strain in the business relationship. Some month ago Sterling computer has had several of their computers explode shortly after customers install them. Upon an investigation which was conducted by Sterling researchers have discovered evidence of NoBugs’s microchips aggravating a dormant defect in their computers‚ causing
Premium Contract Civil procedure Lawsuit
The action failed because there was no indication that the arrangement was intended to be a contract. .1 Difference between the Tortuous Liability and Contractual Liability. 3.1.1 Contract Law Contract law is that body of rules that govern contractual agreements between persons or merchants. Contract laws outline what a person can or cannot include in a contract‚ and what the remedies are if a party breaches their contractual duties. For example: Silva contracts with James to purchase a van for
Premium Contract Tort Contract law
Unit- 5 Indian Sale of Goods Act‚ 1930 1. Contract of Sale – Meaning A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another [Sec 4(1)]. A contract of sale may be absolute or conditional [Sec 4(2)]. The term ‘contract of sale’ includes both a ‘sale’ and an ‘agreement to sell’. 2. Essentials of a Contract of Sale (Refer text for details)
Premium Contract Contract law
LAW PROJECT Progression of MRTP Act to Competition Act in the era of globalization where world is a single platform for carrying out trade and commerce. Under the Guidance of Prof. Anant Ambdekar Submitted by Devaki Parikh (102) Yesha Bhatt (104) Abhijit Thakkar (106) Neilay Mehta (108) Mayuresh Parab (110) Yash Shah (112) Shaival Shah (114) Vishal Sonwani (116) Varsha Gupta (118) Divya Singh (120) INDEX Sr No. Particulars Pg No. 1 MRTP Act‚1969 3 2 Need for Competition
Premium Competition law Cartel Capitalism
1. Invested $70000 in business. 2. business purchased supplies and carpet the amount of supplies 500 and the amount of carpet was $50 paid in cash 3. The advertising of business on cash of 200 4. The business collected loan from bank of 8000 5. The business purchased truck of 9000 in cash 6. Business purchased 100 computer systems of 60000. The business pay 30000 in cash and the rest of amount will after 3 week 7. Business purchased supplies of $500 and write on note that will return after
Premium Accounts receivable Generally Accepted Accounting Principles Computer
Question 1 The issue of this question is whether Scott and Kyle can bring legal action against Wayne for what they feel is a breach of contract. Under the law governing offer and acceptance‚ a valid offer has been made through an advertisement. In order for an offer to be accepted‚ the party must entirely accept the offer. The rules governing acceptance has to be positive not passive. Silence does not forms acceptance. The general rule of acceptance is that the acceptance must be received by
Premium Offer and acceptance Contract Option contract