Pamela Lisk LS311- 02 Business Law Professor Jeffrey Gulley, J.D. March 24, 2015 Kaplan University 1. Discuss the elements of impossibility of performance and the three situations where this defense can be used. 2. Discuss commercial impracticability and its application to this case. 1. Any breach entitles the non-breaching party to sue for damages, but only a material breach discharges the non-breaching party from the contract. The policy underlying these rules is that contracts
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BUSINESS LAW IN CROSSBORDER TRANSACTIONS Question 1 Common Law and Civil Law are two of the world’s legal systems. Common Law, which is also called Anglo-American law, has its roots in England and implicit in former English colonies like USA, Australia, most of Canada and Malaysia. On the other hand, Civil Law, which is also known as Continental European, is originated from Western Europe and divided into four groups. The first one is French civil law, which can also be found in Belgium, Spain
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BUSINESS LAW A) Jane, a youth worker, confiscates a flick knife from a member of her youth club and gives it to her supervisor. B) Tony, an antique dealer, displays an old military knife with a spring opening device in his shop window with a price ticket attached to it. C) Fola buys an unopened box of kitchen utensils from a car boot sale. Without examining the contents closely she donates the box to a charity shop. The box is found to contain a flick knife. Any individual, who produces
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Singapore Management University AY 2013-14 Term 2 Final Examination Date / Start Time | 21 Apr 2014 / 8.30am | Course | LGST 101 – Business Law | Group | G7 | Instructor | Assoc Prof Low Kee Yang | INSTRUCTIONS TO CANDIDATES 1 The time allocated for this examination paper is 2 hours, of which the first 15 minutes is reading time. Do not write on the answer booklet during reading time. 2 This examination paper has 1 question and comprises
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1. Introduction 1.1 definition of Law: [MASS NOUN] (Often the law) The system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties: The purpose of this report is to evaluate the purpose of Alternative Dispute Resolution (ADR) paying particular reference to the serves that Acas provides. The extent of its success as a way of resolving disputes outside of formal judicial process. Furthermore
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Will Jackson prevail in her trade dress infringement suit? Why? Answer: I do believe that Jackson does have a Trade dress infringement requires that a business' design and presentation to the public be confusing to the public in a particular geographic area. St. Paul Bistrl, and St. Paul Cafe are only 1/4 miles apart from each other business uses extremely similar decor, many of the same menu items and, up until recently, the same chef. Therefore, Jackson has a cause of action for trade dress
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Chapter 12 - Consideration Practical Internet Exercise 12-2: Management Perspective—Promissory Estoppel Instructions: One of the difficult issues facing business managers today has to do with promises made to employees. Generally, the law provides that a person who has relied on the promise of another may be able to recover under the doctrine of promissory estoppel. The Restatement (Second) of Contracts Section 87(2) provides as follows: A promise which the promisor should reasonably
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Influence of Law in Business Practice Intro to Business & Technology March 23, 2014 The Influence of Law in Business Practice There are several laws in the United States that are meant to set a standard for fair, balanced, and competitive business practices. These are, by design, a way to ensure that trade- international as well as domestic- is done in a reputable and progressive fashion. There are many aspects that come in to scrutiny in considering whether a business is operating in
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Unwritten Law Objective of Unwriten Law General Principle of Unwritten Law Element of Unwritten Law The Different between a Unwritten Law and Written Law Example of Unwritten Case UNWRITTEN LAW It is simply that portion of Malaysian law which is not written, i.e., law which is not being enacted by Parliament or State Assemblies and which is not found in the written Federal and State Constitutions. Unwritten law is found in cases decided by the courts, local customs, etc. Unwritten law comprises
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property might get damage. Under common law, a landlord had no duty to accept or procure a new tenant to mitigate the damage that takes reasonable action to avoid additional injury or loss resulting from a tenant's breach of a lease including on an abandonment or refusal to occupy its premises. The rationale for this traditional view arose from the characterization. Maryland courts traditionally followed the common law rule that a commercial landlord had no duty to mitigate
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