Business Law

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    Importance of Business Law

    INTRODUCTION It is essential for every business association to understand and have knowledge of all law and regulation of business before starting new business. If any organization does not meet the requirement or fails to fulfill the essentials of business law than, it becomes difficult for them to proceed in a successful manner (Aurther, 2013). The proper knowledge of business law would help the business to properly operate the business operations without having hindrance of ignorance. In this

    Words: 764 - Pages: 4

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    Business Law

    the UCC governs sales contracts, or contracts for the sale of goods. The rule is that when a UCC provision addresses a certain issue, the UCC governs; when the UCC is silent, the common law governs. Sales contracts are not governed exclusively by Article 2 of the UCC but are also governed by general contract law whenever it is relevant and has not been modified by the UCC. A sales contract is a contract for the sale of goods under which the ownership of goods is transferred from a seller to a buyer

    Words: 1342 - Pages: 6

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    Business Law

    relevant rule of law to the facts of the case requires Karen to find previously decided cases that, in relation to the case under consideration, are |  as similar as possible. | | Much of American law is based on | | |  the English legal system | | The best definition of a precedent is | | |  a court decision that furnishes an example or authority for deciding subsequent cases involving identical or similar facts. | | As a judge, Bonnie applies common law rules. These rules

    Words: 481 - Pages: 2

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    Business Law

    ------------------------------------------------- Law and Legal Reasoning ------------------------------------------------- N.B.: TYPE indicates that a question is new, modified, or unchanged, as follows. N A question new to this edition of the Test Bank. + A question modified from the previous edition of the Test Bank. = A question included in the previous edition of the Test Bank. | TRUE/FALSE QUESTIONS B1. Laws and government regulations affect almost all business activities.

    Words: 2244 - Pages: 9

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    Business Law

    they do not conduct business operations nor enter into contracts with the viewers of the site’s editorials. Part 2 1. Personal jurisdiction is an issue for creators of websites as it relates to commerce. Commercial transactions are applicable to state law, as states have the right to create common law. 2. Reasons that an owner of a website may be concerned with whether a court is able to obtain personal jurisdiction relates to a court’s ability on how the business end of a website operates

    Words: 408 - Pages: 2

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    Business Law

    REPEAT THESE ANSWERS HERE AS A CONVENIENCE TO YOU. 1A Sources of Law Primary sources of law are sources that establish the law. In the United States, these include the U.S. Constitution and the state constitutions, statues passed by Congress and the state legislatures, regulations created by administrative agencies, and court decisions, or case law. 2A COMMON LAW TRADITION Because of our colonial heritage, much of American law is based on the English legal system. In that system, after the Norman

    Words: 3498 - Pages: 14

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    Business Law

    This paper presents a case study seeking to discuss various business laws using the case of car sales and negotiations and the laws surrounding that business. In this paper, we will consider the case of Josh Harty, who wishes to purchase a new car. He chooses to go to a local dealer in motor vehicles. He states clearly to the salesperson that he has a specific car he wants, the 3.2 liter V-6. He chooses it over the 3.9 liter one because he has issues about the fuel economy of the 3.9 liter engine

    Words: 1004 - Pages: 5

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    Lit 1 Task 1 - Business Law

    Leave Act (FMLA) is a U.S. federal law which requires employers to provide eligible employees at least 12 weeks of unpaid, leave of absence (LOA) time for certain qualifying medical or domestic reasons. The mandates of FMLA guarantee that the returning LOA employee will be reinstated the same or equivalent position, job duties, rate of pay, and benefits they held prior to taking leave. Covered Employers Eligible Employees • Private Sector Employers - Any business with 50 or more employees who have

    Words: 1444 - Pages: 6

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    Business Law

    nature of liability in negligence & (3.3) Explain how a business can be vicariously liable 4 (4.1) Apply the elements of the tort of negligence and defences in the above different business situations for the legal officer who is assigned to VJSC & (4.2) Apply the elements of vicarious liability in above different business situations for the legal officer who is assigned to VJSC 8 Conclusion 11 References 12 Introduction Law plays important roles to protect benefits, obligations and

    Words: 2459 - Pages: 10

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    Business Law

    A Guide to Writing Answers to the Assignment Questions Introduction Students may be concerned that writing and referencing a law academic paper is ‘different’ to other types of academic papers. This is not correct except that perhaps the level of analysis required may be greater and more reliance on primary sources (e.g. precedent cases and legislation) and secondary sources (textbooks, articles) may be required. But the basic fundamentals are still the same: a well-structured piece of work

    Words: 1487 - Pages: 6

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