Business Law Case Study Examples
Business laws broadly govern the areas of commercial transactions and sales. Business law case studies involve a dispute between two legal entities involving mortgages, contracts, bankruptcies, etc. The students of law schools are given such situations of dispute to come up with possible legal solutions.
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Here are examples of some greatest contract law case study from various legal scenarios like strategic goals. These examples have been taken from actual case studies given to students at legal schools.
Consumer law example
Mr. Danie Mcsmith recently returned a leased car to GM. However, they charged him for not returning the service history and the manual with the car. Macsmith is unwilling to pay anything to the company since he claims that he has not received any service history or manual from the supplier of the car that was leased. Give legal advice to Swot And Pestel Analysis Of Intel.
A legal dispute between GM and Macsmith for not fulfilling the legal obligations under the lease agreement between the two.
Under the lease agreement between GM and Macsmith, the former is liable to pay for any damage or loss caused to the company's property.
However, Macsmith claims there has been a violation of the law since he has not received any service history or manual from the supplier. He has written proof of that.
Further, Macsmith has a right to protect his consumer interests under consumer law.
Macsmith should write a letter to GM stating that he could not return the service history and car manual since he has not received them from the suppliers. Further, he has written proof of them.
He must also write to the supplier stating that if the case goes up to the court of law, then he is under the law to implicate the supplier as the primary party responsible for the dispute.
Contract law example
A California-based smartphone company called DHS asked a software company, CDS, to develop perfect software for them. The software company gave a total estimate of 10,000 dollars for a total work of 20 days. It was agreed between the two companies that DHS would be paying CDS 30 percent before the beginning of the work, 60 percent after the initial version, and 10 percent on the competition.
After 10 days of work, DHS wrote a letter that the work would take more time since their chief software developer had left the company. After 15 days, CDS wrote back saying that they would only be able to deliver the source codes and provide an assistant developer who would finish the rest of the work.
After 20 days, when DHS asked for the final version, CDS told them that it could provide them with 80 percent of the work and would like the 60 percent as promised. However, fearing the non-completion of the project, DHS canceled the contract and asked for a full refund. CDS has threatened to take DHS to court for a breach of contract.
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Sample Question And Solution Of Business Law Case Study
HA2022 Business Law Acknowledged
This group assignment consists of 2 parts. Part A is a case study on Contract law, and Part B is a question involving Civil Liability (the Law of Torts and Negligence). Both questions must be answered.
The parties who form a contractual relationship with each other are bound by the terms of the contract. The contractual parties can legally enforce each other to comply with the terms. In case these terms of the contract are breached, then the aggrieved parties have the right to demand compensation from the breaching party. Thus, liability can be imposed on the contractual parties in case they did not comply with the terms of the contract. However, the parties have the right to exempt themselves from the liability that they face for breaching the contractual terms by relying on the exclusion clause (Gibson, 2017). The parties of a contract can include the exclusion clause in the contract which allows them to eliminate their liability arise in case the contractual terms are breached. The objective of including the exclusion clause in a contract by a party is to exclude their liability completely or limit their liability to a fixed sum of money. In the case of companies or businesses, exclusion clauses are often displayed by them on the premises in the way of notice or on printed tickets or receipts (Sekendiz, Ammon & Connaughton, 2016). Many times parties incorporate these clauses in the contract while entering into a contractual relationship with third parties. While determining whether the exclusion clause is valid or not, the court inquires about the circumstances in which those terms become a part of the contract. Read more
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There are multiple topics that our experts cover.
A contract is a legal agreement between two people that creates certain obligations that are enforceable by law. Therefore, disputes arising out of breach of contract are quite common.
Intellectual and property law
Intellectual and property law gives artists, inventors, and other creators a monetary reason to work. Copyrights and patents allow artists and inventors to stop anyone else from selling their creations. Therefore, the creators can market their works without direct competition from anyone else.
Bankruptcy & Insolvency Law
Bankruptcy is a legal process or court order, while insolvency is a state of financial distress. Bankruptcy is a specific type of insolvency, but there are others.
A tax is a charge by the government on the income of an individual, corporation, or trust and the value of an estate or gift. There are also other forms of taxes, like consumer sales taxes, use taxes, and real estate taxes. The objective of assessing tax is to generate revenue to be used for the needs of the public. According to legislative authority, a tax is not a voluntary payment but an enforced contribution exacted.
Tort law governs the remedies for civil wrongs. A person is liable for a wrongful act, whether accidentally or intentionally. The payment compensates the injured or the aggrieved party for damages. The concept of tort law is basically to redress a wrong done to a person and provide relief from the wrongful acts of others.
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Most Popular Questions Searched By Students:
Q.1. How to write an impressive case study in business law?
Ans: A few tips to remember while drafting a case study in business law:
1. Read the case thoroughly and understand the critical facts and issues.
2. Break the elements into subheadings like – case brief, the facts of the case, issues/dispute, rationale, and legal decision.
3. Start with a short description of the case covering the crucial points of dispute.
4. Write the basic legal facts – names and the legal situation of the parties.
5. Focus on the main points of dispute, study the impact, and find possible solutions
6. In the rationale, talk about the appropriate law to apply and why. Include the legal antecedents if required.
Q.2. What are the topics of the business law case study?
Ans: 1. Explain the circumstances in which individuals are the 'holder in due course under section 29 of the Bills of Exchange Act 1949. Support your answer with a decided case.
2. Section 8 of the Hire Purchase Act 1967 protects the rights of the hirer from getting cheated by his owner, dealer, or agent. Explain the protection of the legal rights of the hirer and the owner as a result of fraudulent misrepresentation committed by the owner’s agent based on the relevant provisions and decided cases.
You can find ample business law case study topics with solutions at MyAssignmenthelp.com for reference without charge.
Q.3. How to find business law case study answers?
Ans: Not all solutions available on the internet are legit and accurate. You can refer to websites – Google Scholar, the lawyer portal, LawCareers.Net, and Westlaw. If not, you can always consult the legal experts at MyAssignmenthelp.com to find answers to complicated business law case studies. The company has the most extensive legal database which you can get access to for free after you sign up. Each solution is brilliantly drafted by top authorized individuals in the country abiding by the standard norms of the law assignments.
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Ans: Of course at MyAssignmenthelp.com! The website is a pioneer in providing exceptional academic assistance to students in a wide array of subjects. We have a large team of legal experts who belong from reputed universities, law firms, and other institutions and possess outstanding knowledge on all types of law assignments. MyAssignmenthelp.com has the largest sample repository on the internet, where you will find thousands of work samples in 100+ academic subjects. All papers are written as per the university norms and are available for FREE.
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