Business Law : Page - 34

Question: Discuss about the Property Law and Common Law.     Answer: Introduction: There has been under common law a denial traditional and a resistance towards the subject of prospect or view as a right related to the property. It was in the case of William Alred  in the year 1610 that the property rights which were putative in terms as that prospect is only a matter of delight and there is no necessity which is attached t...

Question: Discuss about the Business and Corporations Law for Companies Business Law.   Answer: Consider the following situations and indicate whether consideration is present and Whether Jack has an enforceable agreement: a) Jane is going overseas and she offers to give her Lotus Super 7 sports car to Jack. The market value for this type of vehicle in good condition is around $25 000. Jack accepts. (2.5 MARKS) Issue The agreement b...

Question: Discuss about the Australian Contract Law.     Answer: Introduction Consideration is the price that is asked by the promisor in exchange for their promise – the price for a promise. However, the common law requires that, for an agreement to be binding, the promisee (or promisees) must provide consideration (payment of some kind) for the promise they have received (Clarke, 2015). Consideration is the price paid o...

Question: Discuss about the Higher Suicide Rates Amongst LGBTI Individuals.   Answer: The diversity of the individuals belonging to the LGBT community is very large. Though the LGBTI individuals are grouped together, a great variation in the experiences and identities are being observed, which are influenced by age, geographical location, ethnicity, and socioeconomic status.  No doubt, that these individuals have different id...

Joint TenancyDiscuss about the case study Land Law for Torrens System and the old System. The difference between the Torrens system and the old system of deeds essentially is that the former is a registration system from title to land and not just, as it was with the old system, instruments registration from which the land’s title was derived. It is in the case of Re Lands Titles Act that the position of Torrens’ Title of ...

Fundamentals of Consideration, Offer, and AcceptanceDiscuss about the Business and Corporations Law and Legal Contracts. To find the presence of consideration in the provided case study To determine whether Jane and Jack are bound by an enforceable agreement or not based on the situation given and common law. Consideration is the indication of the particular price that the promisor has asked to the other party in order to satisf...

What is a Contract?What is the concept of a contract and when can an agreement be termed as a contract? The matter given here is about Henrietta and her engagement with a solicitor firm. She seeks relief from the firm regarding a personal disturbance causing her nuisance. The incident and her engagement explain that there was a presence of contract between them, and hence, they can be termed as the party to the contract. Now the question ...

Calculating the Impact of Union Proposals on Wages and Benefits1. Jim will need to calculate the impact of the 20% wage increase proposed by the union. In order to do this he will have to make the following calculations:- a-show the impact on AHWR b-show the impact on WIB c-show the impact on NWIB d-calculate the new TCR for Wilson Bros in the first year of the new agreement if the company actually agreed to a 20% wage proposal as presente...

Grounds for Divorce and Child CustodyDescribe about the Family Law in Singapore of Womens Rights. Marriage cannot be spared under some circumstances.  On the off chance that you've chosen to petition for a separation, the laws of Singapore have to be comprehended. In Singapore, the reasons for separation are unique compared to other countries. The reason for separation in Singapore are unique in relation to in numerous different nati...

Digital Evidence Gathering and its Relationship to Chain of Custody (CoC)Discuss about the Digital Evidence Gathering for Relationship to Chain of Custody.  With the introduction of modern technologies and advanced processes of communication through electronic medium, huge volumes of data are being generated at a high velocity each day. Various law enforcement officers face challenges with the extraction of the digital evidences...

Application of LawDiscuss about the case study Legal Studies for Legal Rights and Obligations. To advice Connor, Dolly, Eileen and Flora with regards to their legal rights and obligations in wake of the relevant legal principles in the given situation. In order to have an enforceable contract, one of the pre-requisites is to have a valid agreement. A valid agreement typically has two components namely offer and acceptance. It is im...

Statutory Right to AppealDiscuss about the Criminal Procedure.  It is the cardinal principle of criminal law that a person cannot be convicted unless his guilt is proved beyond reasonable doubt.[1] In the instant case, Sutton (the accused) has not committed a murder. He was indulged in a fight with the Nguyen (the deceased) but never used a knife to kill him. Therefore he is surely not the murderer. The fact he that he fought with ...

Common Law Indoor Management RuleDiscuss about the Indoor Management with Limitation and Exceptions. The indoor management rule is a doctrine under the company law which is globally accepted.  The usual course of practice a company adopts to enter into contracts and other transactions is through agents who are authorized to act for the company.  Thus, the said doctrine of indoor management states how laws are established to ...

Impact of TaxDiscuss about the Tobacco Perfectly Competitive Market. The question states that the tobacco market can be assumed as a perfectly competitive market. As a result, the market would host a huge number of sellers and the size of each of these sellers would not be large enough so as to affect the market price. Additionally, the product sold by each of these sellers would be exactly the same, hence there would be no difference...

IssueDiscuss about the case study of Biotechnology Company for Vaccine Ltd. Issue: In this case, Mr. Soust was earlier the chief executive officer of a biotechnology company, Select Vaccine Ltd., which was a listed company. Goldberg J of the Federal Court made these orders. In the present case, the ASIC was successful in getting a pecuniary penalty order and also a disqualification order in proceedings that were initiated against Dr. ...

Market Value SubstitutionDiscuss about the Taxation for Capital Gains Tax. Under Irish taxation law, the capital gains resulting from the clearance of assets are liable to tax under Capital Gains Tax. Under the provision of Irish taxation law, to determine tax value of the resulted capital gains in asset transfers, with either given or inward for consideration, the market value is likely to be substituted, as in certain circumstances,...

Current situation of the companyWrite a short note on Sengupta Fibres Ltd. company. Sengupta Fibres Ltd. is an Indian company, which use to manufacture and supply nylon yarns to the various textile mills. Presently, it has been discovered that the company is running out of cash funds. Moreover, All-India Bank & Trust Company, who used to provide funds to the company in terms of short-term loans, has also decline to provide furthe...

Introduction: Discuss about the Business Law for Forum Pty Ltd. Facts: The registration of Australian Investors Forum Pty Ltd was done on 18th May, 1999. Lloyd –Cocks was appointed as a secretary of the Company and Mr. Luvara was appointed as the sole Director of the Company. The business of the Company was carried on from an office in North Sydney. The business of the Company was founded on the concept of share inves...

Facts of the caseDiscuss about the Business Law Assignment for Legal Relationship. An agency is a legal relationship in which one person authorises another person to act on his behalf.  The person who is authorised to act on another’s person behalf is called an agent and the person on whose behalf the act is done is called a principal. There are certain obligations and liabilities which arise from the creation of agency. Th...

General rules of joint ownership of copyrightDiscuss about the Law of Commercial Association for Economic. Copyright is a set of rights that are economic in nature and give the owner a right that is exclusive for doing things with respect to the object that it is protecting. It is automatically upon the creation that Copyright protection is achieved; it does not require registration of the work in any register officially.[1] The owner...

Chosen Career: Sales Executive in Samsung Electronics Company Limited in United Arab EmiratesDiscuss about the Legal Environment of Business for Sales Executive. Chosen Career: The career that I have chosen is Sales Executive in Samsung Electronics Company Limited in United Arab Emirates. According to my perception, the job of a sales executive is one of the most competitive jobs in the field of marketing. As a sales executive, I sha...

Essential Elements of a Valid ContractDiscuss about the Commercial Law for Mutual Obligations. 1. Contract is defined as an agreement which is legally enforceable between two or more people that create mutual obligations. Thus, for any agreement to become a contract, it needs to enforceable under law. However, there are certain elements which are necessary to be present in every agreement to make it lawful. These elements are offer, acc...

Secured Creditors and LiquidationDiscuss about the Corporation Law for Business Purpose. In the above-mentioned case, we can see that Indri owned a business of soil testing and later decides to form a company with the running business. It is also seen that he was the only shareholder as well as director. Later he lends $90,000 in order to meet the cost of purchase, which was at an inflated price. However, due to some reason his busine...

The Law of ProbateDescribe about the Trust and Equity Law of Instruments of Fraud. In the given situation Sanjeev prior to his death had made a valid will and bequeathed upon his daughter Ishani the farm on the Isle of Wright together with all its contents and to Amal his cousin all of 30,000 shares in Harcombe Plc. Darshan and Jamil, on the other hand, claim that prior to his death Sanjeev had promised Darshan the farm on the Isle of Wri...

Background to the study, the research question/objectives/hypothesis and/or topic, the researchers and the target audienceDiscuss about the Business Research Report Attitudes, Values and Beliefs. This report comprises of a review of a social research survey carried out in 2008 by the Centre for Social Research and Evaluation and published in 2010, authored by Fleur McLaren on the attitude, values and beliefs on violence within New Zeala...